ESEA
Euroseas Ltd
NASDAQ: ESEA · INDUSTRIALS · MARINE SHIPPING
$70.01
-1.07% today
Updated 2026-04-30
Market cap
$480.01M
P/E ratio
3.45
P/S ratio
2.11x
EPS (TTM)
$19.72
Dividend yield
4.42%
52W range
$29 – $75
Volume
0.1M
Euroseas Ltd (ESEA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.31M | $82.08M | $126.30M | $63.78M | $52.48M | $61.40M | $52.49M | $39.15M | $40.63M | $37.68M | $20.55M | $23.76M | $34.42M | $40.02M | $53.30M | $93.89M | $182.69M | $189.36M | $212.90M | $227.87M |
| Revenue growth (YoY) | — | +103.6% | +53.9% | -49.5% | -17.7% | +17.0% | -14.5% | -25.4% | +3.8% | -7.3% | -45.5% | +15.6% | +44.9% | +16.3% | +33.2% | +76.1% | +94.6% | +3.6% | +12.4% | +7.0% |
| Cost of revenue | $11.52M | $18.14M | $36.74M | $27.10M | $47.62M | $48.52M | $45.41M | $50.53M | $43.36M | $40.42M | $22.23M | $20.74M | $27.33M | $31.93M | $40.70M | $41.66M | $68.17M | $69.50M | $85.57M | $83.13M |
| Gross profit | $28.79M | $63.94M | $89.56M | $36.69M | $4.86M | $12.87M | $7.08M | $-11.38M | $-2.72M | $-2.74M | $-1.68M | $3.02M | $7.10M | $8.09M | $12.61M | $52.23M | $114.52M | $119.86M | $127.33M | $144.75M |
| Gross margin | 71.4% | 77.9% | 70.9% | 57.5% | 9.3% | 21.0% | 13.5% | -29.1% | -6.7% | -7.3% | -8.2% | 12.7% | 20.6% | 20.2% | 23.7% | 55.6% | 62.7% | 63.3% | 59.8% | 63.5% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.08M | $2.66M | $9.45M | $8.61M | $7.92M | $8.80M | $8.65M | $8.43M | $8.41M | $7.48M | $5.07M | $5.13M | $6.10M | $6.12M | $8.33M | $7.79M | $4.57M | $4.74M | $5.94M | — |
| Operating income | $22.60M | $43.07M | $26.72M | $22429.00 | $-709229.00 | $4.81M | $-9.88M | $-99.95M | $-14.63M | $-11.40M | $-12.67M | $-5.41M | $2.34M | $1.98M | $9.29M | $45.73M | $106.64M | $119.43M | $120.02M | $129.95M |
| Operating margin | 56.1% | 52.5% | 21.2% | 0.0% | -1.4% | 7.8% | -18.8% | -255.3% | -36.0% | -30.3% | -61.7% | -22.8% | 6.8% | 4.9% | 17.4% | 48.7% | 58.4% | 63.1% | 56.4% | 57.0% |
| EBITDA | $29.97M | $61.03M | $80.12M | $19.11M | $12.87M | $21.66M | $6.16M | $-81.60M | $-3.63M | $-1.57M | $-27.75M | $-1.80M | $5.69M | $5.92M | $14.77M | $52.95M | $129.84M | $143.82M | $149.76M | $158.56M |
| EBITDA margin | 74.3% | 74.4% | 63.4% | 30.0% | 24.5% | 35.3% | 11.7% | -208.4% | -8.9% | -4.2% | -135.1% | -7.6% | 16.5% | 14.8% | 27.7% | 56.4% | 71.1% | 75.9% | 70.3% | 69.6% |
| EBIT | $22.60M | $44.61M | $51.83M | $22429.00 | $-5.11M | $3.31M | $-11.22M | $-101.58M | $-15.77M | $-12.56M | $-32.71M | $-5.39M | $2.39M | $1.74M | $8.17M | $45.74M | $111.32M | $120.98M | $123.40M | $129.95M |
| Interest expense | $0.00 | $4.85M | $2.93M | $1.44M | $1.50M | $2.19M | $1.98M | $1.85M | $2.15M | $1.49M | $2.53M | $1.55M | $3.05M | $3.42M | $4.13M | $2.78M | $5.07M | $6.43M | $10.62M | $14.99M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $20.07M | $40.66M | $21.49M | $-15.63M | $-6.61M | $1.12M | $-13.20M | $-103.42M | $-17.92M | $-14.05M | $-44.22M | $-6.09M | $-108890.00 | $-1.68M | $4.04M | $42.96M | $106.24M | $114.55M | $112.78M | $136.97M |
| Net income growth (YoY) | — | +102.6% | -47.2% | -172.7% | +57.7% | +116.9% | -1282.7% | -683.6% | +82.7% | +21.6% | -214.8% | +86.2% | +98.2% | -1445.3% | +340.2% | +963.1% | +147.3% | +7.8% | -1.5% | +21.5% |
| Profit margin | 49.8% | 49.5% | 17.0% | -24.5% | -12.6% | 1.8% | -25.1% | -264.2% | -44.1% | -37.3% | -215.2% | -25.7% | -0.3% | -4.2% | 7.6% | 45.8% | 58.2% | 60.5% | 53.0% | 60.1% |