Okeanis Eco Tankers (ECO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ECO SEC filings page.
Okeanis Eco Tankers Corp. (ECO) reported $391.5M in revenue for fiscal year 2025, down 0.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
Profits held up despite flat revenue, but cash conversion weakened even as the balance sheet shifted decisively away from debt.
The FY2025 profit improvement was mainly below the operating line: revenue and operating income were nearly unchanged, while interest expense fell21.4% , helping net income rise12.9% . That accounting improvement did not translate into cash generation, because operating cash flow fell31.6% while net income increased.
The company became less debt-dependent: debt-to-equity fell from 1.5x in FY2024 to 0.8x in FY2025, indicating equity—not additional borrowing—absorbed the balance-sheet expansion. Long-term debt fell to
Short-term liquidity remained above one-to-one at a 1.5x current ratio, but working-capital pressure shifted toward current liabilities. Those liabilities grew
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Okeanis Eco Tankers Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Okeanis Eco Tankers Corp. has an operating margin of 41.5%, meaning the company retains $42 of operating profit per $100 of revenue. This strong profitability earns a score of 88/100, reflecting efficient cost management and pricing power. This is up from 41.4% the prior year.
Okeanis Eco Tankers Corp.'s revenue declined 0.4% year-over-year, from $393.2M to $391.5M. This contraction results in a growth score of 22/100.
Okeanis Eco Tankers Corp. has a moderate D/E ratio of 0.82. This balance of debt and equity financing earns a leverage score of 33/100.
Okeanis Eco Tankers Corp.'s current ratio of 1.50 indicates adequate short-term liquidity, earning a score of 42/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Okeanis Eco Tankers Corp., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Okeanis Eco Tankers Corp. earns a strong 21.4% return on equity (ROE), meaning it generates $21 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 82/100. This is down from 26.5% the prior year.
Okeanis Eco Tankers Corp. scores 4.49, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $3.3B against total liabilities of $627.6M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Okeanis Eco Tankers Corp. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Okeanis Eco Tankers Corp. generates $0.91 in operating cash flow ($111.3M OCF vs $123.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Okeanis Eco Tankers Corp. earns $3.86 in operating income for every $1 of interest expense ($162.5M vs $42.2M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Okeanis Eco Tankers Corp. generated $391.5M in revenue in fiscal year 2025. This represents a decrease of 0.4% from the prior year.
Okeanis Eco Tankers Corp.'s EBITDA was $204.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.1% from the prior year.
Okeanis Eco Tankers Corp. reported $123.0M in net income in fiscal year 2025. This represents an increase of 12.9% from the prior year.
Okeanis Eco Tankers Corp. earned $3.77 per diluted share (EPS) in fiscal year 2025. This represents an increase of 11.5% from the prior year.
Cash & Balance Sheet
Okeanis Eco Tankers Corp. held $116.6M in cash against $470.6M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Okeanis Eco Tankers Corp.'s operating margin was 41.5% in fiscal year 2025, reflecting core business profitability. This is up 0.1 percentage points from the prior year.
Okeanis Eco Tankers Corp.'s net profit margin was 31.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.7 percentage points from the prior year.
Okeanis Eco Tankers Corp.'s ROE was 21.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
ECO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Revenue | $391.5M-0.4% | $393.2M-4.8% | $413.1M+52.4% | $271.0M+60.3% | $169.0M |
| Operating Income | $162.5M-0.3% | $162.9M-19.0% | $201.1M+82.6% | $110.1M+243.9% | $32.0M |
| EBITDA | $204.0M-0.1% | $204.1M-15.5% | $241.5M+63.1% | $148.1M | N/A |
| Interest Expense | $42.2M-21.4% | $53.6M-8.6% | $58.7M+67.3% | $35.1M+29.5% | $27.1M |
| Net Income | $123.0M+12.9% | $108.9M-25.1% | $145.2M+71.8% | $84.6Mn/m | -$903K |
| EPS (Basic) | $3.77+11.5% | $3.38-25.1% | $4.51+71.5% | $2.63n/m | -$0.03 |
| EPS (Diluted) | $3.77+11.5% | $3.38-25.1% | $4.51+71.5% | $2.63n/m | -$0.03 |
| Diluted Shares (Avg) | 33M+1.2% | 32M0.0% | 32M0.0% | 32M-0.5% | 32M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Income Tax.
ECO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Total Assets | $1.2B+11.0% | $1.1B-4.2% | $1.1B-4.6% | $1.2B | N/A |
| Current Assets | $234.9M+97.6% | $118.9M-13.8% | $137.9M-10.7% | $154.4M | N/A |
| Cash & Equivalents | $116.6M+136.4% | $49.3M-1.3% | $50.0M-38.5% | $81.3M+113.0% | $38.2M |
| Inventory | $17.3M-29.0% | $24.3M-4.0% | $25.4M+49.0% | $17.0M | N/A |
| Total Liabilities | $627.6M-6.6% | $671.7M-6.8% | $721.0M-5.3% | $761.1M | N/A |
| Current Liabilities | $156.9M+115.9% | $72.7M-31.2% | $105.6M+13.7% | $92.9M | N/A |
| Non-Current Liabilities | $470.6M-21.4% | $599.0M-2.7% | $615.4M-7.9% | $668.3M | N/A |
| Long-Term Debt | $470.6M-21.4% | $599.0M-2.7% | $615.3M-7.9% | $668.2M+15.8% | $577.0M |
| Total Equity | $573.1M+39.6% | $410.4M+0.6% | $408.1M-3.3% | $422.2M+17.8% | $358.3M |
| Retained Earnings | $452.8M+13.1% | $400.5M+37.3% | $291.6M+99.2% | $146.4M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
ECO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Operating Cash Flow | $111.3M-31.6% | $162.8M-6.4% | $174.0M+110.9% | $82.5M+188.6% | $28.6M |
| Depreciation & Amortization | $41.4M+0.7% | $41.1M+1.9% | $40.4M+6.4% | $38.0M | N/A |
| Investing Cash Flow | -$42.4Mn/m | -$7.9M-926.6% | $961Kn/m | -$178.7M-162.6% | $285.7M |
| Financing Cash Flow | -$3.4Mn/m | -$154.7Mn/m | -$207.1M-249.0% | $139.0Mn/m | -$299.4M |
| Dividends Paid | $70.7M | N/A | N/A | N/A | $3.2M |
| Share Buybacks | N/A | N/A | N/A | $1.0M+101.0% | $504K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
ECO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Operating Margin | 41.5%+0.1pp | 41.4%-7.3pp | 48.7%+8.1pp | 40.6%+21.7pp | 18.9% |
| Net Margin | 31.4%+3.7pp | 27.7%-7.5pp | 35.2%+4.0pp | 31.2%+31.7pp | -0.5% |
| Return on Equity | 21.4%-5.1pp | 26.5%-9.1pp | 35.6%+15.6pp | 20.0%+20.3pp | -0.3% |
| Return on Assets | 10.2%+0.2pp | 10.1%-2.8pp | 12.9%+5.7pp | 7.1% | N/A |
| Current Ratio | 1.50-0.1x | 1.64+0.3x | 1.31-0.4x | 1.66 | N/A |
| Debt-to-Equity | 0.82-0.6x | 1.460.0x | 1.51-0.1x | 1.580.0x | 1.61 |
| Liabilities-to-Equity | 1.10-0.5x | 1.64-0.1x | 1.770.0x | 1.80 | N/A |
| Asset Turnover | 0.330.0x | 0.360.0x | 0.37+0.1x | 0.23 | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Okeanis Eco Tankers Corp. ECO | FY2025 | $391.5M | $123.0M | 31.4% | $3.3B | 53/100 |
| Star Bulk Carriers Corp. SBLK | FY2025 | $1.0B | $84.2M | 8.1% | $3.1B | 64/100 |
| ZIM Integrated Shipping Services Ltd. ZIM | FY2025 | $6.9B | $479.2M | 6.9% | $3.4B | 63/100 |
| Danaos Corporation DAC | FY2025 | $1.0B | $494.6M | 47.4% | $2.7B | 77/100 |
| Navios Maritime Partners L.P. NMM | FY2025 | $1.3B | $285.3M | 21.2% | $2.5B | 50/100 |
| Hafnia Limited HAFN | FY2025 | $2.3B | $339.7M | 14.9% | $5.0B | 58/100 |
Where Okeanis Eco Tankers Corp. Ranks
Frequently Asked Questions
Okeanis Eco Tankers Corp. (ECO) reported $391.5M in total revenue for fiscal year 2025. This represents a -0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Okeanis Eco Tankers Corp. (ECO) revenue declined by 0.4% year-over-year, from $393.2M to $391.5M in fiscal year 2025.
Yes, Okeanis Eco Tankers Corp. (ECO) reported a net income of $123.0M in fiscal year 2025, with a net profit margin of 31.4%.
Okeanis Eco Tankers Corp. (ECO) had EBITDA of $204.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Okeanis Eco Tankers Corp. (ECO) had $116.6M in cash and equivalents against $470.6M in long-term debt.
Okeanis Eco Tankers Corp. (ECO) had an operating margin of 41.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Okeanis Eco Tankers Corp. (ECO) had a net profit margin of 31.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Okeanis Eco Tankers Corp. (ECO) has a return on equity of 21.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Okeanis Eco Tankers Corp. (ECO) generated $111.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Okeanis Eco Tankers Corp. (ECO) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
Okeanis Eco Tankers Corp. (ECO) had a current ratio of 1.50 as of fiscal year 2025, which is considered adequate.
Okeanis Eco Tankers Corp. (ECO) had a debt-to-equity ratio of 0.82 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Okeanis Eco Tankers Corp. (ECO) had a liabilities-to-equity ratio of 1.10 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Okeanis Eco Tankers Corp. (ECO) had a return on assets of 10.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Okeanis Eco Tankers Corp. (ECO) trades at 26.4x earnings, its market capitalization divided by $123.0M net income, FY2025. The market capitalization is $3.3B as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Okeanis Eco Tankers Corp. (ECO) trades at 8.3x sales, its market capitalization divided by $391.5M revenue, FY2025. The market capitalization is $3.3B as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Okeanis Eco Tankers Corp. (ECO) has an Altman Z-Score of 4.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Okeanis Eco Tankers Corp. (ECO) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Okeanis Eco Tankers Corp. (ECO) has an earnings quality ratio of 0.91x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Okeanis Eco Tankers Corp. (ECO) has an interest coverage ratio of 3.86x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Okeanis Eco Tankers Corp. (ECO) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Okeanis Eco Tankers Corp. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.