Star Bulk Carriers (SBLK) Rent Expense (2015 - 2026)
Star Bulk Carriers' (SBLK) quarterly Rent Expense came in at -$12.6 million in Q2 2026, up 27.07% year-over-year from -$9.9 million in Q2 2025, and down 187.19% quarter-over-quarter from $14.5 million in Q1 2026.
Analysis
Star Bulk Carriers (SBLK) Rent Expense (2015 - 2026) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Rent Expense for 12 consecutive years, with -$12.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 27.07% year-over-year to -$12.6 million in Q2 2026; TTM through Jun 2026 was $1.3 million, a 68.68% decrease from a year earlier, with the FY2025 full-year figure at $63.5 million, up 9.42% from the prior year.
- Rent Expense was -$12.6 million for Q2 2026 at Star Bulk Carriers, down from $14.5 million in the prior quarter.
- Over five years, Rent Expense peaked at $31.8 million in Q3 2024 and troughed at -$26.2 million in Q4 2024.
- A 5-year average of $3.0 million and a median of $4.0 million in 2022 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense soared 988.42% in 2022 and tumbled 248.34% in 2024, its largest moves.
- Over 5 years, Rent Expense stood at $21.0 million in 2022, then declined by 16.0% to $17.7 million in 2023, then plunged by 248.34% to -$26.2 million in 2024, then soared by 156.74% to $14.9 million in 2025, then slumped by 184.95% to -$12.6 million in 2026.
- The last three Rent Expense figures came in at -$12.6 million (Q2 2026), $14.5 million (Q1 2026), and $14.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | -12.62 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.62 Mn |
| Mar 31, 2026 | 14.48 Mn |
| Dec 31, 2025 | 14.86 Mn |
| Sep 30, 2025 | -15.40 Mn |
| Jun 30, 2025 | -17.31 Mn |
| Mar 31, 2025 | 15.90 Mn |
| Dec 31, 2024 | -26.19 Mn |
| Sep 30, 2024 | 31.81 Mn |
| Jun 30, 2024 | 16.99 Mn |
| Mar 31, 2024 | 3.93 Mn |
| Dec 31, 2023 | 17.66 Mn |
| Sep 30, 2023 | -4.23 Mn |
| Jun 30, 2023 | -3.08 Mn |
| Mar 31, 2023 | 6.62 Mn |
| Dec 31, 2022 | 21.02 Mn |
| Sep 30, 2022 | -4.84 Mn |
| Jun 30, 2022 | -8.94 Mn |
| Mar 31, 2022 | 4.01 Mn |
| Dec 31, 2021 | -2.37 Mn |
| Jun 30, 2021 | -4.40 Mn |