Euroseas (ESEA) 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 Sep 3, 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 Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ESEA SEC filings page.
Euroseas (ESEA) reported $227.9M in revenue for fiscal year 2025, up 7.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 (10-K and 10-Q reports).
Euroseas is converting high-margin operating earnings into cash while expanding its asset base with measured leverage.
The cash conversion pattern is tight: net income was$137.0M against operating cash flow of$141.1M , so earnings did not leave a large accounting-to-cash gap. Meanwhile, the asset base expanded from$424.7M in FY2023 to$700.5M in FY2025, indicating that retained profits and financing are supporting expansion together.
Operating margin expanded from
The balance sheet became more liquid while expanding: current ratio moved from 1.3x in FY2023 to 4.9x in FY2025. With debt-to-equity at 0.4x and interest expense at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 Euroseas'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.
Euroseas has an operating margin of 65.6%, meaning the company retains $66 of operating profit per $100 of revenue. This strong profitability earns a score of 96/100, reflecting efficient cost management and pricing power. This is up from 56.4% the prior year.
Euroseas's revenue grew 7.0% year-over-year to $227.9M, a solid pace of expansion. This earns a growth score of 64/100.
Euroseas carries a low D/E ratio of 0.43, meaning only $0.43 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.89, Euroseas holds $4.89 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.
Not available for Euroseas, and counted as zero in the overall score.
Euroseas earns a strong 29.5% return on equity (ROE), meaning it generates $30 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is down from 31.1% the prior year.
Euroseas scores 3.07, well above the 2.99 safe threshold. 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.
Euroseas passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Euroseas generates $1.03 in operating cash flow ($141.1M OCF vs $137.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Euroseas earns $10.30 in operating income for every $1 of interest expense ($149.5M vs $14.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Euroseas held $176.5M in cash against $197.7M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ESEA 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ESEA 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 | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2310-K | Q2'2310-Q | Q4'2210-K | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $700.5M+18.5% | $662.1M | $591.2M+39.2% | N/A | $424.7M+29.2% | $394.1M+36.6% | $328.6M+48.4% | $288.5M+155.5% |
| Current Assets | $192.4M+127.1% | $160.4M | $84.7M+28.4% | N/A | $66.0M+40.8% | $45.7M+326.5% | $46.9M+42.5% | $10.7M-29.4% |
| Cash & Equivalents | $176.5M+139.3% | $100.5M+44.2% | $73.7M+25.8% | $69.7M+118.9% | $58.6M+126.8% | $31.8M+542.9% | $25.8M-2.6% | $5.0M-40.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $2.8M-11.7% | $2.9M | $3.2M+25.7% | N/A | $2.5M+10.1% | $2.6M+6.1% | $2.3M+1.4% | $2.4M+58.5% |
| Accounts Receivable | $10.2M+123.2% | $8.4M | $4.6M+123.3% | N/A | $2.0M+255.7% | $976K+123.8% | $573K-55.1% | $436K-71.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $237.0M+3.8% | $259.1M | $228.3M+44.4% | N/A | $158.1M-1.5% | $176.9M+14.5% | $160.4M+11.0% | $154.5M+129.4% |
| Current Liabilities | $39.4M-31.2% | $50.0M | $57.2M+11.7% | N/A | $51.2M-30.5% | $45.7M-2.9% | $73.7M+98.4% | $47.1M+127.8% |
| Non-Current Liabilities | $197.7M+15.5% | $209.1M | $171.1M+60.0% | N/A | $106.9M+23.2% | $131.3M+22.1% | $86.7M-19.2% | $107.5M+130.2% |
| Long-Term Debt | $197.7M+17.3% | $206.5M0.0% | $168.5M+69.9% | $206.5M+98.6% | $99.2M+91.4% | $104.0M+60.5% | $51.8M-41.8% | $64.8M+38.8% |
| Total Equity | $463.4M+27.7% | $403.0M+26.1% | $362.9M+36.2% | $319.6M+47.2% | $266.6M+58.5% | $217.2M+62.1% | $168.2M+118.8% | $134.0M+194.1% |
| Retained Earnings | $204.5M+96.9% | $144.2M | $103.9M+1209.5% | N/A | $7.9M+108.6% | -$42.0M+67.9% | -$92.6M+50.7% | -$130.9M+40.3% |
Not reported in any period shown, so not listed: Goodwill.
ESEA 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.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ESEA 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, 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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Euroseas ESEA | FY2025 | $227.9M | $137.0M | 60.1% | $542.8M | 70/100 |
| Safe Bulkers SB | FY2025 | N/A | $38.6M | N/A | $925.7M | — |
| Ardmore Shipping Corp ASC | FY2025 | $310.2M | $41.0M | 13.2% | $738.2M | 29/100 |
| Pangaea Logistics Solution Ltd PANL | FY2025 | $632.0M | $19.4M | 3.1% | $544.1M | 55/100 |
| Genco Shipping & Trading Ltd GNK | FY2025 | $342.1M | -$4.4M | -1.3% | $1.2B | 49/100 |
| Okeanis Eco Tank ECO | FY2025 | $391.5M | $123.0M | 31.4% | $2.7B | 18/100 |
Where Euroseas Ranks
Frequently Asked Questions
What is Euroseas's annual revenue?
Euroseas (ESEA) reported $227.9M in total revenue for fiscal year 2025. This represents a 7.0% 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.
How fast is Euroseas's revenue growing?
Euroseas (ESEA) revenue grew by 7.0% year-over-year, from $212.9M to $227.9M in fiscal year 2025.
Is Euroseas profitable?
Yes, Euroseas (ESEA) reported a net income of $137.0M in fiscal year 2025, with a net profit margin of 60.1%.
What is Euroseas's EBITDA?
Euroseas (ESEA) had EBITDA of $178.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Euroseas have?
As of fiscal year 2025, Euroseas (ESEA) had $176.5M in cash and equivalents against $197.7M in long-term debt.
What is Euroseas's operating margin?
Euroseas (ESEA) had an operating margin of 65.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Euroseas's net profit margin?
Euroseas (ESEA) had a net profit margin of 60.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Euroseas pay dividends?
Yes, Euroseas (ESEA) paid $2.70 per share in dividends during fiscal year 2025.
What is Euroseas's return on equity (ROE)?
Euroseas (ESEA) has a return on equity of 29.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Euroseas's operating cash flow?
Euroseas (ESEA) generated $141.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Euroseas's total assets?
Euroseas (ESEA) had $700.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Euroseas's current ratio?
Euroseas (ESEA) had a current ratio of 4.89 as of fiscal year 2025, which is generally considered healthy.
What is Euroseas's debt-to-equity ratio?
Euroseas (ESEA) had a debt-to-equity ratio of 0.43 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Euroseas's return on assets (ROA)?
Euroseas (ESEA) had a return on assets of 19.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Euroseas's P/E ratio?
Euroseas (ESEA) trades at 4.0x earnings, its market capitalization divided by net income of $137.0M net income, FY2025. The market capitalization is $542.8M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Euroseas's price-to-sales ratio?
Euroseas (ESEA) trades at 2.4x sales, its market capitalization divided by revenue of $227.9M revenue, FY2025. The market capitalization is $542.8M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Euroseas's Altman Z-Score?
Euroseas (ESEA) has an Altman Z-Score of 3.07, 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.
What is Euroseas's Piotroski F-Score?
Euroseas (ESEA) has a Piotroski F-Score of 6 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.
Are Euroseas's earnings high quality?
Euroseas (ESEA) has an earnings quality ratio of 1.03x, considered cash-backed (high 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.
Can Euroseas cover its interest payments?
Euroseas (ESEA) has an interest coverage ratio of 10.30x, meaning it can comfortably 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.
How financially healthy is Euroseas?
Euroseas (ESEA) scores 70 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite 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. 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.