Despite strong cash generation and debt reduction, declining core profitability and a 14% EPS drop outweigh positives. Monitor insurance settlement for Eco Wizard and vessel sale proceeds (~$29M) for potential capital return. Downward trend in earnings may pressure valuation despite clean balance sheet.
Price Chart
Executive Summary
StealthGas Inc. reported full-year 2025 net income of $60.6 million (EPS $1.64), down from $69.9 million (EPS $1.91) in 2024, driven by lower equity earnings from joint ventures and the loss of the Eco Wizard vessel. Q4 revenue and net income declined 9% and 10% YoY, respectively, despite fleet growth. The company strengthened its balance sheet, becoming fully debt-free in its owned fleet and increasing cash to $99.1 million.
Key Financial Metrics
Key Facts
- Full-year 2025 net income was $60.6 million, down 13.3% YoY from $69.9 million in 2024
- Q4 2025 revenue was $39.4 million, down 9% YoY; net income was $12.8 million, down 10% YoY
- EPS declined to $1.64 in 2025 from $1.91 in 2024
- Equity earnings in joint ventures dropped to $5.1 million in 2025 from $15.6 million in 2024
- Company repaid $85.9 million in debt in 2025, becoming debt-free in its fully owned fleet
- Cash and cash equivalents rose to $99.1 million as of December 31, 2025
- Vessel Eco Wizard remains out of service due to July 2025 incident; company expects insurance recovery
Financial Impact
Revenue increased slightly to $173.2M (+3.5% YoY) but profitability declined significantly with net income down $9.3M and EPS down 14.1%. Equity earnings dropped $10.5M.
Risk Factors
- Ongoing loss of Eco Wizard, one of the most profitable vessels, with uncertain timeline for resolution
- Sharp decline in equity earnings from joint ventures due to prior-year favorable sale comparison
- Increased spot market exposure (1,385 days in 2025 vs 747 in 2024) increases earnings volatility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3247454 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 7w ago | 6-K | $9.33 $8.98 | ▲ +3.75% | ▲ +2.63% | $8.13 (+12.86%) |
Sep 2, 2026 7w ago | Press Release | $9.49 $9.14 | ▲ +3.69% | ▲ +3.54% | $8.13 (+14.33%) |
Aug 28, 2026 8w ago | Press Release | $9.49 $8.87 | ▼ −6.53% | ▼ −6.79% | $8.13 (−14.33%) |
Aug 28, 2026 8w ago | 6-K | $9.49 $8.87 | ▼ −6.53% | ▼ −6.79% | $8.13 (−14.33%) |
Jun 8, 2026 20w ago | 6-K | $9.39 $8.51 | ▼ −9.37% | ▼ −10.82% | $8.13 (−13.42%) |
Jun 5, 2026 20w ago | Press Release | $9.62 $8.30 | ▼ −13.72% | ▼ −15.58% | $8.13 (−15.49%) |
Jun 1, 2026 21w ago | Press Release | $9.35 $7.90 | ▼ −15.51% | ▼ −14.21% | $8.13 (−13.05%) |
Apr 28, 2026 25w ago | 20-F | $9.64 $9.69 | ▼ −0.52% | ▲ +4.94% | $8.13 (+15.66%) |
Mar 2, 2026 34w ago | Press Release | $8.68 $9.01 | ▼ −3.80% | ▼ −11.74% | $8.13 (+6.34%) |
US Market Status
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