Star Bulk Carriers (SBLK) Operating Margin (2009 - 2025)
Star Bulk Carriers (SBLK) posted quarterly Operating Margin of 6.85% for Q4 2025, down 10057.0% year-over-year from N/an in Q4 2024, and up 221.46% quarter-over-quarter from 5.64% in Q3 2025.
Star Bulk Carriers (SBLK) Operating Margin (2009 - 2025) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Operating Margin for 17 consecutive years, with 6.85% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin fell 10057.0% year-over-year to 6.85%; the TTM figure through Dec 2025 stood at 7.5% (down 4080.0% YoY), while the FY2025 annual figure was 13.13%, down 1714.0% from the prior year.
- Operating Margin advanced to 6.85% in Q4 2025 per SBLK's latest filing, from 5.64% in the prior quarter.
- Across five years, Operating Margin topped out at 107.42% in Q4 2024 and bottomed at 28.81% in Q2 2023.
- Historically, Operating Margin has averaged 22.52% across 5 years, with a median of 12.63% in 2024.
- Annual changes were most pronounced in 2021 — Operating Margin jumped 241419 bps — and 2025, when it plunged 10057 bps.
- Star Bulk Carriers' Operating Margin stood at 95.73% in 2021, then sank by 95 bps to 4.87% in 2022, then plunged by 165 bps to 3.18% in 2023, then surged by 3475 bps to 107.42% in 2024, then tumbled by 94 bps to 6.85% in 2025.
- Business Quant data shows SBLK's Operating Margin at 6.85% in Q4 2025, 5.64% in Q3 2025, and 17.22% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 13.27% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 16.39% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 48.93% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -1.31% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 48.38% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 68.94% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 98.02% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 113.20% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | -13.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.85% |
| Sep 30, 2025 | -5.64% |
| Jun 30, 2025 | -17.22% |
| Mar 31, 2025 | -17.88% |
| Dec 31, 2024 | 107.42% |
| Sep 30, 2024 | 12.63% |
| Jun 30, 2024 | 36.23% |
| Mar 31, 2024 | 14.37% |
| Dec 31, 2023 | -3.18% |
| Sep 30, 2023 | 2.17% |
| Jun 30, 2023 | -28.81% |
| Mar 31, 2023 | 40.60% |
| Dec 31, 2022 | 4.87% |
| Sep 30, 2022 | 8.74% |
| Jun 30, 2022 | 50.90% |
| Mar 31, 2022 | 50.50% |
| Dec 31, 2021 | 95.73% |
| Jun 30, 2021 | 45.51% |
| Mar 31, 2021 | 24.16% |
| Dec 31, 2020 | 23.41% |