Star Bulk Carriers (SBLK) Tax Rate (2016 - 2024)
Star Bulk Carriers' (SBLK) quarterly Tax Rate came in at 0.04% in Q3 2024, up 22.0% year-over-year from 0.04% in Q4 2023, and down 31.0% quarter-over-quarter from 0.06% in Q2 2024.
Powered by 
Analysis
Star Bulk Carriers (SBLK) Tax Rate (2016 - 2024) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Tax Rate for 9 consecutive years, with 0.04% the latest figure, recorded in Q3 2024.
- On a quarterly basis, Tax Rate rose 22.0% year-over-year to 0.04% in Q3 2024; TTM through Sep 2024 was 0.03%, a 22.0% increase from a year earlier, with the FY2024 full-year figure at 0.04%, up 14.0% from the prior year.
- Tax Rate was 0.04% for Q3 2024 at Star Bulk Carriers, down from 0.06% in the prior quarter.
- Over five years, Tax Rate peaked at 0.14% in Q1 2024 and troughed at 1.54% in Q1 2020.
- A 5-year average of 0.22% and a median of 0.05% in 2020 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 122 bps in 2020 and jumped 54 bps in 2021, its largest moves.
- Over 5 years, Tax Rate stood at 0.55% in 2020, then jumped by 99 bps to 0.01% in 2021, then plunged by 5223 bps to 0.28% in 2022, then tumbled by 63 bps to 0.46% in 2023, then soared by 110 bps to 0.04% in 2024.
- The last three Tax Rate figures came in at 0.04% (Q3 2024), 0.06% (Q2 2024), and 0.14% (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -0.08% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 21.05% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -0.27% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | - |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 5.60% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Torm | 3.44 Bn | 94.67 Mn | 652.00 Mn | -0.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 0.06% |
| Mar 31, 2024 | 0.14% |
| Dec 31, 2023 | -0.46% |
| Sep 30, 2023 | -0.18% |
| Mar 31, 2023 | -0.22% |
| Dec 31, 2022 | -0.28% |
| Sep 30, 2022 | -0.01% |
| Mar 31, 2022 | -0.02% |
| Dec 31, 2021 | -0.01% |
| Dec 31, 2020 | -0.55% |
| Sep 30, 2020 | -0.06% |
| Jun 30, 2020 | -0.04% |
| Mar 31, 2020 | -1.54% |
| Dec 31, 2019 | 0.68% |
| Sep 30, 2019 | -0.19% |
| Dec 31, 2018 | -0.09% |
| Dec 31, 2017 | 2.45% |
| Jun 30, 2017 | 0.51% |
| Mar 31, 2017 | 0.41% |