StealthGas Inc. (GASS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.38	$0.43	+13.2%	—	$42.8M	—
Q4 25	$0.32	$0.34	+6.3%	—	$39.4M	—
Q3 25	$0.31	$0.36	+16.1%	—	$44.5M	—
Q2 25	$0.3	$0.55	+83.3%	—	$47.2M	—
Q1 25	$0.33	$0.39	+18.2%	—	$42M	—
Q4 24	$0.29	$0.38	+31.0%	—	$43.5M	—
Q3 24	$0.34	$0.33	-2.9%	—	$40.4M	—
Q2 24	$0.53	$0.75	+41.5%	—	$41.8M	—
Q1 24	$0.24	$0.49	+104.2%	—	$41.6M	—
Q4 23	$0.3	$0.29	-3.3%	—	$34.1M	—
Q3 23	$0.15	$0.31	+106.7%	—	$34.7M	—
Q2 23	$0.19	$0.28	+47.4%	—	$36.7M	—
Q1 23	$0.17	$0.45	+164.7%	—	$38.1M	—
Q4 22	$0.11	$0.28	+154.5%	—	$42.7M	—
Q3 22	$0.02	$0.16	+700.0%	—	$34.9M	—
Q2 22	$0.18	$0.3	+66.7%	—	$39.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.64	—	—	$173.2M	—
FY24	—	$1.91	—	—	$167.3M	—
FY23	—	$1.38	—	—	$143.5M	—
FY22	—	$0.9	—	—	$152.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$144.1M	$154.3M	$164.3M	$144.3M	$145M	$150.2M	$152.8M	$143.5M	$167.3M	$173.2M
YoY change	+1.99%	+7.06%	+6.49%	-12.2%	+0.52%	+3.59%	+1.7%	-6.04%	+16.5%	+3.53%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	144.1M	154.3M	164.3M	144.3M	145M	150.2M	152.8M	143.5M	167.3M	173.2M
Cost of revenue	121M	121.1M	132.1M	111.6M	108.8M	126.1M	107.9M	92.7M	92.9M	105.3M
Gross profit	23.2M	33.2M	32.2M	32.6M	36.2M	24.1M	44.9M	50.9M	74.4M	67.9M
Gross margin	16.1%	21.5%	19.6%	22.6%	25%	16%	29.4%	35.4%	44.5%	39.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	3.1M	2.9M	3M	3.7M	2.3M	4.3M	3.4M	5.3M	10.3M	8.3M
Operating expenses	10.5M	11.2M	9.5M	9.4M	7.9M	10.2M	8.6M	9.9M	14.6M	12.8M
Operating income	12.7M	22M	22.7M	23.2M	28.3M	13.9M	36.2M	41M	59.8M	55.1M
Operating margin	8.81%	14.3%	13.8%	16.1%	19.5%	9.26%	23.7%	28.6%	35.8%	31.8%
Non-operating income, net	-6.7M	-6.9M	-12.2M	-1.5M	-5.1M	-44.7M	-1.9M	4.9M	75K	-233.1K
Pretax income	-7.8M	-1.2M	-12.3M	1.6M	9.3M	-43.4M	23.4M	39.6M	54.2M	55.6M
Income tax	—	—	—	—	—	—	—	—	—	—
Net income	-7.8M	-1.2M	-12.3M	2.1M	12M	-35.1M	34.3M	51.9M	69.9M	60.6M
Net margin	-5.41%	-0.79%	-7.47%	1.45%	8.26%	-23.4%	22.4%	36.2%	41.8%	35%
EBITDA	52.2M	61.3M	64.5M	63.3M	66.4M	51.1M	65.1M	68.4M	89.4M	83.4M
EPS	-0.2	-0.03	-0.31	0.05	0.31	-0.93	0.9	1.38	1.91	1.64
Diluted EPS	-0.2	-0.03	-0.31	0.05	0.31	-0.93	0.9	1.37	1.9	1.64

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	34.7M	34.1M	41.6M	41.8M	40.4M	43.5M	42M	47.2M	44.5M	39.4M	42.8M	42.9M
Cost of revenue	20.3M	21.8M	20.8M	22.2M	24.6M	25.3M	25.7M	24.3M	29.5M	25.8M	28.2M	26.4M
Gross profit	14.4M	12.3M	20.7M	19.6M	15.9M	18.2M	16.4M	22.9M	15M	13.5M	14.7M	16.5M
Gross margin	41.4%	36.2%	49.9%	46.9%	39.3%	41.8%	38.9%	48.6%	33.8%	34.4%	34.3%	38.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.7M	1.7M	2.2M	2.4M	2.7M	3M	2.2M	2M	1.9M	2.2M	2M	1.9M
Operating expenses	2.7M	2.7M	3.3M	3.5M	3.7M	4.1M	3.2M	3.1M	3M	3.4M	3.1M	2.9M
Operating income	11.6M	9.6M	17.5M	16.1M	12.2M	14.1M	13.1M	19.8M	12M	10.2M	11.6M	13.5M
Operating margin	33.6%	28.2%	42%	38.5%	30.1%	32.4%	31.2%	42%	26.9%	25.8%	27.1%	31.5%
Non-operating income, net	4.9M	-283.6K	96.6K	-13.7K	-33.5K	25.6K	1.7M	-230.9K	-128.3K	641K	3.4M	1.3M
Pretax income	14.9M	8M	15.1M	14.3M	11M	13.7M	14.1M	19.7M	12.3M	11.7M	15.9M	16M
Income tax	—	—	—	—	—	—	—	—	—	—	—	—
Net income	15.7M	8.9M	17.7M	25.8M	12.1M	14.2M	14.1M	20.4M	13.3M	12.8M	15.9M	17.3M
Net margin	45.4%	26%	42.7%	61.7%	30%	32.7%	33.6%	43.3%	29.9%	32.4%	37.2%	40.3%
EBITDA	18.1M	16.1M	24.7M	23.5M	19.4M	21.8M	22.7M	27.1M	19.2M	16.6M	19.4M	20.6M
EPS	0.41	0.25	0.49	0.7	0.33	0.38	0.38	0.55	0.36	0.34	0.43	0.46
Diluted EPS	0.41	0.25	0.49	0.7	0.33	0.38	0.38	0.55	0.36	0.34	0.43	0.46

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	134.6M	173.6M	110M	136.5M	90.1M	79.9M	101.7M	240.1M	199.1M	251.9M	333.8M
Enterprise value	467.5M	506.7M	458.8M	434.5M	403.7M	342.5M	296.6M	286.5M	203.3M	152.9M	157.9M
Shares outstanding	39.8M	39.8M	39.9M	39.8M	38.4M	37.9M	38M	37.2M	35.2M	35.9M	35.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	65.2	7.52	—	2.97	4.62	2.85	4.15	5.59
P/S	0.93	1.12	0.67	0.95	0.62	0.53	0.67	1.67	1.19	1.45	1.97
P/B	0.23	0.3	0.2	0.24	0.16	0.17	0.2	0.44	0.32	0.36	0.45
EV/EBITDA	8.95	8.27	7.11	6.86	6.08	6.71	4.55	4.19	2.27	1.83	2.23
EV/Sales	3.24	3.28	2.79	3.01	2.78	2.28	1.94	2	1.22	0.88	0.93
Earnings yield	—	—	—	1.53%	13.3%	—	33.7%	21.6%	35.1%	24.1%	17.9%
FCF yield	-14.9%	-4.76%	-64.1%	20.4%	4.43%	19.8%	41.6%	32.2%	-1.34%	33.7%	-5.27%
PEG	—	—	—	—	—	—	—	—	—	—	-0.34

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	16.1%	21.5%	19.6%	22.6%	25%	16%	29.4%	35.4%	44.5%	39.2%	38.4%
Operating margin	8.81%	14.3%	13.8%	16.1%	19.5%	9.26%	23.7%	28.6%	35.8%	31.8%	31.5%
Net margin	-5.41%	-0.79%	-7.47%	1.45%	8.26%	-23.4%	22.4%	36.2%	41.8%	35%	35%
ROE	-1.36%	-0.21%	-2.19%	0.37%	2.12%	-7.4%	6.61%	9.45%	11.2%	8.79%	8.54%
ROA	-0.78%	-0.12%	-1.18%	0.22%	1.27%	-4.4%	4.17%	7.45%	9.54%	8.52%	4.02%
Return on tangible assets	-0.78%	-0.12%	-1.18%	0.22%	1.27%	-4.4%	4.17%	7.45%	9.54%	8.52%	7.86%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.94	0.8	1.34	1.16	0.76	0.88	1.85	3.12	2.1	9.3	9.3
Quick ratio	0.91	0.76	1.32	1.12	0.7	0.83	1.8	3.07	2.01	9.21	9.18
Debt / equity	0.69	0.67	0.74	0.66	0.62	0.62	0.54	0.22	0.14	0	0
Debt / assets	0.4	0.39	0.4	0.38	0.37	0.37	0.34	0.18	0.12	0	0
Net debt / EBITDA	6.37	5.44	5.41	4.71	4.72	5.14	2.99	0.68	0.05	-1.19	-2.22
Interest coverage	0.45	0.93	0.47	1.08	1.66	-2.43	2.94	4.98	6.98	25.8	226.2

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.62	3.88	4.12	3.62	3.78	3.97	4.02	3.86	4.75	4.83	4.68
EPS (basic)	-0.2	-0.03	-0.31	0.05	0.31	-0.93	0.9	1.38	1.91	1.64	1.64
EPS (diluted)	-0.2	-0.03	-0.31	0.05	0.31	-0.93	0.9	1.37	1.9	1.64	1.59
Book value per share	14.4	14.4	14.1	14	14.7	12.5	13.6	14.8	17.8	19.2	19.8
FCF per share	-0.5	-0.21	-1.77	0.7	0.1	0.42	1.12	2.08	-0.08	2.36	1.92
Cash per share	1.63	1.3	1.62	1.72	1	0.83	2.17	2.08	2.29	2.76	4.59
Capex per share	1.37	1.23	1.97	0.4	1.12	0.46	0.02	2.15	2.03	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	37.9%	31.8%	47.8%	10.9%	29.6%	11.6%	0.52%	55.8%	42.7%	—	—
Capex / operating cash flow	168.9%	126.7%	249.1%	44.4%	81.9%	412.2%	1.23%	100%	73.3%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	8.47%

Yield

8.47%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.188

ex-dividend Feb 26, 2009

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Feb 26, 2009	$0.188
Nov 20, 2008	$0.188
Aug 27, 2008	$0.188
Jun 4, 2008	$0.188
Feb 27, 2008	$0.188
Nov 20, 2007	$0.188
Aug 22, 2007	$0.188
May 31, 2007	$0.188

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$34.7M	$34.1M	$41.6M	$41.8M	$40.4M	$43.5M	$42M	$47.2M	$44.5M	$39.4M	$42.8M	$42.9M
YoY change	-0.66%	-20.1%	+9.2%	+13.9%	+16.7%	+27.3%	+1.11%	+13%	+10.1%	-9.42%	+1.95%	-9.16%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	65M	51.8M	64.5M	68.5M	38.2M	31.3M	82.3M	77.2M	80.7M	99.1M
Receivables	3.9M	3.9M	2.9M	4.2M	3.6M	2.1M	4.6M	4.5M	6.2M	7.7M
Inventory	2.8M	2.8M	2.3M	2.4M	3.7M	2.8M	3.1M	2M	3.9M	1.9M
Total current assets	76.5M	62.8M	138.9M	77.9M	48.1M	51.7M	104.7M	120.8M	92.1M	196.5M
Property, plant & equipment	-156.1M	-166.5M	-37.7M	-249M	-272.6M	-191.2M	-176.1M	-171M	-220.5M	-209.6M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	1B	996.2M	1B	954.2M	944M	798.7M	821.5M	697.2M	732.2M	711.7M
Accounts payable	8.7M	10.5M	10.3M	9M	10M	8.6M	11.8M	10M	11M	9.9M
Short-term debt	54.6M	42M	41.7M	41.2M	40.5M	31.9M	30.1M	16.7M	23.3M	104.8K
Total current liabilities	81.4M	78.7M	103.5M	67.1M	63.1M	58.7M	56.6M	38.7M	43.9M	21.1M
Long-term debt	343.3M	342.9M	371.5M	325.2M	311.2M	262M	247M	106.9M	61.6M	—
Total liabilities	428M	422.7M	475.5M	395M	379.4M	323.9M	303.6M	147.5M	105.7M	21.4M
Shareholders' equity	574M	573.5M	561.3M	559.2M	564.6M	474.8M	517.9M	549.7M	626.5M	690.3M
Total debt	397.9M	384.9M	413.2M	366.5M	351.8M	293.9M	277.1M	123.6M	84.9M	104.8K
Net debt	332.9M	333.2M	348.7M	298M	313.6M	262.6M	221.3M	46.4M	4.2M	-99M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	69.7M	99.1M	131.2M	168.3M
Receivables	—	—	—	—	—	—	—	—	9.8M	7.7M	12M	12.1M
Inventory	—	—	—	—	—	—	—	—	3.3M	1.9M	2.7M	3.4M
Total current assets	—	—	—	—	—	—	—	—	107.7M	196.5M	234.9M	260.1M
Property, plant & equipment	—	—	—	—	—	—	—	—	—	-209.6M	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	—	—	—	—	—	—	—	697.9M	711.7M	734.5M	755.1M
Accounts payable	—	—	—	—	—	—	—	—	10.9M	9.9M	13.5M	12.4M
Short-term debt	—	—	—	—	—	—	—	—	110.2K	104.8K	72.1K	39.2K
Total current liabilities	—	—	—	—	—	—	—	—	21.4M	21.1M	26.4M	28M
Long-term debt	—	—	—	—	—	—	—	—	27.6K	—	—	—
Total liabilities	—	—	—	—	—	—	—	—	21.5M	21.4M	27M	28.3M
Shareholders' equity	—	—	—	—	—	—	—	—	676.4M	690.3M	707.6M	726.8M
Total debt	—	—	—	—	—	—	—	—	137.8K	104.8K	72.1K	39.2K
Net debt	—	—	—	—	—	—	—	—	-69.6M	-99M	-131.1M	-98.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-7.8M	-1.2M	-12.3M	2.1M	12M	-35.1M	34.3M	51.9M	69.9M	60.6M
Depreciation & amortization	39.1M	38.9M	41.3M	39.3M	37.9M	37.1M	27.8M	23.7M	26.2M	25.4M
Stock-based compensation	340.4K	129.2K	338.4K	611.6K	0	610.8K	610.8K	2.6M	7.3M	5M
Change in working capital	227.6K	441.7K	1.5M	-7.4M	1.7M	367.6K	956K	356.5K	-6.5M	-3.3M
Operating cash flow	32.4M	38.8M	31.5M	35.4M	52.3M	4.2M	64.6M	80M	97.6M	85.2M
Capital expenditure	-54.7M	-49.1M	-78.6M	15.7M	-42.9M	-17.4M	796.4K	80M	-71.5M	—
Investing cash flow	-54.1M	-48.9M	-78.6M	33.5M	-58.1M	-19.2M	-17.3M	111.3M	-64.5M	-8M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-2.1M	0	0	-1.8M	-3.9M	0	0	-19.1M	-338.2K	-1.8M
Financing cash flow	-27.2M	-14.1M	57.3M	-61.6M	-23.1M	-29.1M	-25.9M	-174.9M	-38.6M	-87.7M
Net change in cash	-48.9M	-24.2M	10.2M	7.3M	-28.9M	-44.1M	21.5M	16.4M	-5.5M	-10.5M
Free cash flow	-20.1M	-8.3M	-70.5M	27.8M	4M	15.8M	42.3M	77.4M	-2.7M	84.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	15.7M	8.9M	17.7M	25.8M	12.1M	14.2M	14.1M	20.4M	13.3M	12.8M	15.9M	17.3M
Depreciation & amortization	5.6M	5.5M	6.5M	6.5M	6.6M	6.6M	6.7M	6.6M	6.6M	5.5M	5.7M	5.9M
Stock-based compensation	920.7K	940.2K	1.3M	1.8M	2M	2.2M	1.5M	1.2M	1.1M	1.2M	1.3M	1.3M
Change in working capital	-5.1M	2M	-754.3K	268.9K	3.5M	-9.5M	3.6M	-657.2K	-4.2M	-1.9M	-5M	-1.4M
Operating cash flow	17.2M	17.5M	25.1M	34.6M	24.3M	13.6M	26.4M	26.3M	14.6M	16.5M	18M	21.7M
Capital expenditure	32.9M	-13.5K	-61.7M	1.3K	-160.7K	-9.6M	0	—	—	—	—	—
Investing cash flow	32.9M	-10.8K	-61.7M	1.3K	-160.7K	-4.6M	0	—	0	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-8.2M	-10.3M	-338.2K	0	0	0	-1.1M	-727.4K	0	0	0	0
Financing cash flow	-21.3M	-14.5M	37.6M	-53.3M	-21.3M	-1.6M	-35.5M	-19.9M	-32.3M	0	46.8K	0
Net change in cash	28.8M	3M	943.2K	-18.7M	2.8M	7.3M	-9.1M	6.4M	-17.6M	16.5M	18M	21.7M
Free cash flow	12.3M	18.4M	-72.7M	44.3M	22M	3.8M	27.7M	25.9M	14.6M	16.5M	18M	21.7M

StealthGas Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement