Star Bulk Carriers (SBLK) Return on Invested Capital (2017 - 2024)
Star Bulk Carriers (SBLK) posted quarterly Return on Invested Capital of 0.04% for Q3 2024, up 3.0% year-over-year from 0.04% in Q4 2023, and up 45.43% quarter-over-quarter from 0.02% in Q2 2024.
Star Bulk Carriers (SBLK) Return on Invested Capital (2017 - 2024) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Return on Invested Capital for 6 consecutive years, with 0.04% the latest figure, recorded in Q3 2024.
- In Q3 2024, Return on Invested Capital rose 3.0% year-over-year to 0.04%; the TTM figure through Sep 2024 stood at 0.04% (up 3.0% YoY), while the FY2023 annual figure was 0.03%, down 3.0% from the prior year.
- Return on Invested Capital advanced to 0.04% in Q3 2024 per SBLK's latest filing, from 0.02% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.06% in Q3 2022 and bottomed at 0.0% in Q1 2024.
- Historically, Return on Invested Capital has averaged 0.02% across 4 years, with a median of 0.01% in 2023.
- Annual changes were most pronounced in 2023 — Return on Invested Capital dropped 6 bps — and 2024, when it grew 3 bps.
- Star Bulk Carriers' Return on Invested Capital stood at 0.0% in 2020, then soared by 2620 bps to 0.04% in 2022, then tumbled by 94 bps to 0.0% in 2023, then jumped by 1410 bps to 0.04% in 2024.
- Business Quant data shows SBLK's Return on Invested Capital at 0.04% in Q3 2024, 0.02% in Q2 2024, and 0.0% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.03% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 0.00% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.09% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.01% |
| Mar 31, 2023 | 0.03% |
| Dec 31, 2022 | 0.04% |
| Sep 30, 2022 | 0.06% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | 0.03% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |
| Jun 30, 2017 | -0.55% |