Star Bulk Carriers SBLK
NASDAQ SBLK
$32.42 +0.55 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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