Star Bulk Carriers (SBLK) Net Margin (2009 - 2025)
Star Bulk Carriers (SBLK) posted quarterly Net Margin of 21.96% for Q4 2025, up 882.0% year-over-year from 2.24% in Q4 2024, and up 212.12% quarter-over-quarter from 7.03% in Q3 2025.
Star Bulk Carriers (SBLK) Net Margin (2009 - 2025) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Net Margin for 17 consecutive years, with 21.96% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin rose 882.0% year-over-year to 21.96%; the TTM figure through Dec 2025 stood at 8.16% (down 1794.0% YoY), while the FY2025 annual figure was 8.16%, down 1441.0% from the prior year.
- Net Margin grew to 21.96% in Q4 2025 per SBLK's latest filing, from 7.03% in the prior quarter.
- Across five years, Net Margin topped out at 60.51% in Q4 2021 and bottomed at 0.01% in Q2 2025.
- Historically, Net Margin has averaged 25.57% across 5 years, with a median of 24.12% in 2023.
- Annual changes were most pronounced in 2021 — Net Margin jumped 402725 bps — and 2025, when it tumbled 2950 bps.
- Star Bulk Carriers' Net Margin stood at 60.51% in 2021, then sank by 48 bps to 31.36% in 2022, then slipped by 23 bps to 24.12% in 2023, then slumped by 46 bps to 13.14% in 2024, then jumped by 67 bps to 21.96% in 2025.
- Business Quant data shows SBLK's Net Margin at 21.96% in Q4 2025, 7.03% in Q3 2025, and 0.01% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 9.74% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 13.35% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 49.85% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -6.18% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 55.33% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -18,060,171.32% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 107.50% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 38.54% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 15.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21.96% |
| Sep 30, 2025 | 7.03% |
| Jun 30, 2025 | 0.01% |
| Mar 31, 2025 | 0.21% |
| Dec 31, 2024 | 13.14% |
| Sep 30, 2024 | 27.38% |
| Jun 30, 2024 | 29.51% |
| Mar 31, 2024 | 28.79% |
| Dec 31, 2023 | 24.12% |
| Sep 30, 2023 | 19.65% |
| Jun 30, 2023 | 18.53% |
| Mar 31, 2023 | 20.59% |
| Dec 31, 2022 | 31.36% |
| Sep 30, 2022 | 30.10% |
| Jun 30, 2022 | 47.96% |
| Mar 31, 2022 | 47.23% |
| Dec 31, 2021 | 60.51% |
| Jun 30, 2021 | 39.89% |
| Mar 31, 2021 | 17.83% |
| Dec 31, 2020 | 15.86% |