EGLE · Eagle Bulk Shipping Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $82.61M | $101.41M | $105.20M | - | $185.31M | $198.69M | $184.40M | - | $183.39M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $10.65M | $11.27M | $10.95M | - | $9.67M | $9.89M | $10.05M | - | $7.95M |
| Total Operating Expenses | - | $81.43M | $83.55M | $99.61M | - | $111.86M | $109.97M | $119.02M | - | $87.47M |
| D&A | - | $15.47M | $14.83M | $14.73M | - | $15.41M | $15.25M | $14.58M | - | $13.57M |
| Operating Income | - | $1.18M | $17.85M | $5.59M | - | $73.45M | $88.73M | $65.38M | - | $95.92M |
| Interest Expense | - | $7.71M | $4.43M | $3.86M | - | $4.24M | $4.34M | $4.45M | - | $8.51M |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | ($5.15M) | $18.03M | $3.20M | - | $77.22M | $94.45M | $53.07M | - | $78.34M |
| EPS - Basic | - | ($0.55) | $1.42 | $0.25 | - | $5.94 | $7.27 | $4.09 | - | $6.12 |
| EPS - Diluted | - | ($0.55) | $1.21 | $0.24 | - | $4.77 | $5.77 | $3.27 | - | $4.92 |
Balance Sheet
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $118.61M | $113.88M | $115.70M | $153.24M | $187.16M | $195.03M | $138.96M | $83.60M | $86.15M | $100.01M |
| Accounts Receivable | $30.92M | $24.59M | $28.40M | $29.72M | $32.31M | $33.55M | $43.95M | $40.92M | $28.46M | $24.24M |
| Inventory | $24.99M | $26.88M | $21.70M | $22.91M | $28.08M | $26.27M | $25.19M | $27.77M | $17.65M | $17.09M |
| Accounts Payable | $21.25M | $20.94M | $22.52M | $19.29M | $20.13M | $21.06M | $22.19M | $23.40M | $20.78M | $15.17M |
| Current Assets | $189.55M | $184.87M | $194.31M | $224.26M | $262.02M | $279.70M | $244.37M | $185.19M | $156.03M | $204.60M |
| Total Assets | $1.15B | $1.16B | $1.19B | $1.21B | $1.24B | $1.26B | $1.23B | $1.16B | $1.13B | $1.16B |
| Current Liabilities | $212.85M | $214.71M | $117.09M | $121.00M | $128.97M | $135.65M | $136.55M | $135.13M | $123.60M | $165.91M |
| Long-term Debt | $330.11M | $341.88M | $457.31M | $272.75M | $284.68M | $296.63M | $318.47M | $330.39M | $330.24M | $387.35M |
| Total Liabilities | $547.74M | $560.50M | $577.94M | $398.07M | $418.03M | $436.79M | $461.11M | $468.82M | $455.39M | $555.01M |
| Stockholders' Equity | $600.22M | $598.07M | $608.76M | $811.71M | $819.18M | $819.20M | $765.50M | $693.77M | $671.27M | $607.65M |
| Retained Earnings | ($156.73M) | ($162.42M) | ($151.70M) | ($168.37M) | ($163.56M) | ($162.71M) | ($210.85M) | ($278.86M) | ($313.49M) | ($374.72M) |
Cash Flow
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $7.41M | - | - | - | $42.25M | - | - |
| Investing Cash Flow | - | - | - | ($18.58M) | - | - | - | ($3.94M) | - | - |
| Financing Cash Flow | - | - | - | ($22.73M) | - | - | - | ($40.86M) | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 1.4% | 17.6% | 5.3% | - | 39.6% | 44.7% | 35.5% | - | 52.3% |
| EBITDA margin | - | 20.2% | 32.2% | 19.3% | - | 48.0% | 52.3% | 43.4% | - | 59.7% |
| Net margin | - | -6.2% | 17.8% | 3.0% | - | 41.7% | 47.5% | 28.8% | - | 42.7% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 12.9% | 11.1% | 10.4% | - | 5.2% | 5.0% | 5.5% | - | 4.3% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | - | -0.4% | 1.5% | 0.3% | - | 6.1% | 7.7% | 4.6% | - | 6.7% |
| Return on equity | - | -0.9% | 3.0% | 0.4% | - | 9.4% | 12.3% | 7.6% | - | 12.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.89 | 0.86 | 1.66 | 1.85 | 2.03 | 2.06 | 1.79 | 1.37 | 1.26 | 1.23 |
| Quick ratio | 0.77 | 0.74 | 1.47 | 1.66 | 1.81 | 1.87 | 1.61 | 1.16 | 1.12 | 1.13 |
| Cash ratio | 0.56 | 0.53 | 0.99 | 1.27 | 1.45 | 1.44 | 1.02 | 0.62 | 0.70 | 0.60 |
| Leverage | ||||||||||
| Debt / Equity | 0.55 | 0.57 | 0.75 | 0.34 | 0.35 | 0.36 | 0.42 | 0.48 | 0.49 | 0.64 |
| Debt / Assets | 0.29 | 0.30 | 0.39 | 0.23 | 0.23 | 0.24 | 0.26 | 0.28 | 0.29 | 0.33 |
| Debt / EBITDA | - | 20.53 | 13.99 | 13.42 | - | 3.34 | 3.06 | 4.13 | - | 3.54 |
| Interest coverage | - | 0.2x | 4.0x | 1.4x | - | 17.3x | 20.5x | 14.7x | - | 11.3x |
| Equity multiplier | 1.91 | 1.94 | 1.95 | 1.49 | 1.51 | 1.53 | 1.60 | 1.68 | 1.68 | 1.91 |
| Liabilities / Assets | 0.48 | 0.48 | 0.49 | 0.33 | 0.34 | 0.35 | 0.38 | 0.40 | 0.40 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.07 | 0.09 | 0.09 | - | 0.15 | 0.16 | 0.16 | - | 0.16 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 109d | 102d | 103d | - | 66d | 81d | 81d | - | 48d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -55.4% | -49.0% | -43.0% | - | 1.0% | 53.0% | 90.9% | - | 169.0% |
| Revenue CAGR (3y) | - | 6.6% | 20.9% | 12.3% | - | 35.7% | 42.0% | 33.6% | - | 38.5% |
| Revenue CAGR (5y) | - | 3.6% | 6.2% | 5.8% | - | 24.2% | 29.9% | 32.1% | - | 38.7% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -98.4% | -79.9% | -91.4% | - | -23.4% | 64.6% | 247.9% | - | 12816.7% |
| Net income growth (YoY) | - | - | -80.9% | -94.0% | - | -1.4% | 923.9% | 438.8% | - | - |
| EPS growth (YoY) | - | - | -79.0% | -92.7% | - | -3.0% | 679.7% | 289.3% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | 397.3% |
| EPS CAGR (5y) | - | - | 89.1% | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -26.7% | -27.0% | -20.5% | 17.0% | 22.0% | 34.8% | 45.5% | 44.3% | 42.7% | 36.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$178.84M totalVoyage Charters$186.54M · 104.3%
Voyage In Progress($7.70M) · -4.3%
Peer comparison
Same SIC group: Deep Sea Foreign Transportation of Freight
Comparing Eagle Bulk Shipping Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.29/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Dec 30, 2025 | $0.2080 |
| Jun 27, 2025 | $0.0790 |