Star Bulk Carriers (SBLK) EBITDA (2009 - 2025)
Star Bulk Carriers (SBLK) posted quarterly EBITDA of $20.6 million for Q4 2025, down 92.84% year-over-year from $287.8 million in Q4 2024, and up 136.35% quarter-over-quarter from -$56.7 million in Q3 2025.
Star Bulk Carriers (SBLK) EBITDA (2009 - 2025) Analysis & Trends
Star Bulk Carriers (SBLK) has reported EBITDA for 17 consecutive years, with $20.6 million the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA fell 92.84% year-over-year to $20.6 million; the TTM figure through Dec 2025 stood at -$119.6 million (down 113.36% YoY), while the FY2025 annual figure was $136.9 million, down 37.49% from the prior year.
- EBITDA advanced to $20.6 million in Q4 2025 per SBLK's latest filing, from -$56.7 million in the prior quarter.
- Across five years, EBITDA topped out at $353.1 million in Q4 2021 and bottomed at -$103.8 million in Q2 2023.
- Historically, EBITDA has averaged $100.9 million across 5 years, with a median of $93.2 million in 2023.
- Annual changes were most pronounced in 2021 — EBITDA soared 4676.81% — and 2023, when it slumped 283.34%.
- Star Bulk Carriers' EBITDA stood at $353.1 million in 2021, then plunged by 63.6% to $128.5 million in 2022, then retreated by 27.5% to $93.2 million in 2023, then jumped by 208.93% to $287.8 million in 2024, then sank by 92.84% to $20.6 million in 2025.
- Business Quant data shows SBLK's EBITDA at $20.6 million in Q4 2025, -$56.7 million in Q3 2025, and -$85.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 122.36 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 158.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 149.74 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -325.90 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 90.95 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 337.11 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 212.70 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 194.63 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 31.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.61 Mn |
| Sep 30, 2025 | -56.69 Mn |
| Jun 30, 2025 | -85.22 Mn |
| Mar 31, 2025 | 1.71 Mn |
| Dec 31, 2024 | 287.81 Mn |
| Sep 30, 2024 | 240.85 Mn |
| Jun 30, 2024 | 297.37 Mn |
| Mar 31, 2024 | 69.27 Mn |
| Dec 31, 2023 | 93.16 Mn |
| Sep 30, 2023 | -29.64 Mn |
| Jun 30, 2023 | -103.78 Mn |
| Mar 31, 2023 | 126.02 Mn |
| Dec 31, 2022 | 128.50 Mn |
| Sep 30, 2022 | -7.73 Mn |
| Jun 30, 2022 | 173.43 Mn |
| Mar 31, 2022 | 220.70 Mn |
| Dec 31, 2021 | 353.05 Mn |
| Jun 30, 2021 | 103.61 Mn |
| Mar 31, 2021 | 84.66 Mn |
| Dec 31, 2020 | 7.39 Mn |