Euroseas Ltd.(Marshall Islands) (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 Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2026, filed Oct 9, 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 Ltd.(Marshall Islands) (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 converts reported profits into cash, expands its asset base, and strengthens liquidity despite rising financing costs.
Across FY2021-FY2025, operating cash flow stayed at or above net income; in FY2025 it reached$141.1M against$137.0M . That consistency indicates earnings are broadly cash-backed, even as interest expense rose to$14.5M from$2.6M .
Investment spending was not small relative to internally generated cash: FY2024 investing cash flow was
The balance sheet became more flexible: current ratio climbed from 1.5x in FY2024 to 4.9x in FY2025, giving short-term assets much more room relative to near-term obligations. Debt-to-equity eased from 0.5x to 0.4x even as total assets expanded, so growth did not translate into heavier balance-sheet leverage.
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 Ltd.(Marshall Islands)'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 Ltd.(Marshall Islands) 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 Ltd.(Marshall Islands)'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 Ltd.(Marshall Islands) 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 Ltd.(Marshall Islands) holds $4.89 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 92/100.
Not available for Euroseas Ltd.(Marshall Islands), and counted as zero in the overall score.
Euroseas Ltd.(Marshall Islands) 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 Ltd.(Marshall Islands) scores 2.88, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Euroseas Ltd.(Marshall Islands) 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 Ltd.(Marshall Islands) 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 Ltd.(Marshall Islands) 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 Q2 2026.
Cash & Balance Sheet
Euroseas Ltd.(Marshall Islands) held $157.4M in cash against $188.8M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
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 | Q2'266-K | Q4'256-K | Q2'256-K | Q4'2420-F | Q2'246-K | Q4'2310-K | Q2'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $752.9M+13.7% | $700.5M+18.5% | $662.1M | $591.2M+39.2% | N/A | $424.7M+29.2% | $394.1M+36.6% | $328.6M+48.4% |
| Current Assets | $219.7M+36.9% | $192.4M+127.1% | $160.4M | $84.7M+28.4% | N/A | $66.0M+40.8% | $45.7M+326.5% | $46.9M+42.5% |
| Cash & Equivalents | $157.4M+56.6% | $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% |
| Short-Term Investments | $18.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.2M+10.4% | $2.8M-11.7% | $2.9M | $3.2M+25.7% | N/A | $2.5M+10.1% | $2.6M+6.1% | $2.3M+1.4% |
| Accounts Receivable | $15.7M+87.1% | $10.2M+123.2% | $8.4M | $4.6M+123.3% | N/A | $2.0M+255.7% | $976K+123.8% | $573K-55.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $229.1M-11.6% | $237.0M+3.8% | $259.1M | $228.3M+44.4% | N/A | $158.1M-1.5% | $176.9M+14.5% | $160.4M+11.0% |
| Current Liabilities | $40.3M-19.5% | $39.4M-31.2% | $50.0M | $57.2M+11.7% | N/A | $51.2M-30.5% | $45.7M-2.9% | $73.7M+98.4% |
| Non-Current Liabilities | $188.8M-9.7% | $197.7M+15.5% | $209.1M | $171.1M+60.0% | N/A | $106.9M+23.2% | $131.3M+22.1% | $86.7M-19.2% |
| Long-Term Debt | $188.8M-8.6% | $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% |
| Total Equity | $518.9M+28.8% | $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% |
| Retained Earnings | $259.3M+79.9% | $204.5M+96.9% | $144.2M | $103.9M+1209.5% | N/A | $7.9M+108.6% | -$42.0M+67.9% | -$92.6M+50.7% |
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 Ltd.(Marshall Islands) ESEA | FY2025 | $227.9M | $137.0M | 60.1% | $466.9M | 70/100 |
| Safe Bulkers, Inc. SB | FY2025 | N/A | $38.6M | N/A | $891.3M | — |
| ARDMORE SHIPPING CORPORATION ASC | FY2025 | $310.2M | $41.0M | 13.2% | $773.3M | 29/100 |
| Pangaea Logistics Solutions Ltd. PANL | FY2025 | $632.0M | $19.4M | 3.1% | $498.3M | 54/100 |
| GENCO SHIPPING & TRADING LTD GNK | FY2025 | $342.1M | -$4.4M | -1.3% | $1.1B | 49/100 |
| Okeanis Eco Tankers Corp. ECO | FY2025 | $391.5M | $123.0M | 31.4% | $3.5B | 18/100 |
Where Euroseas Ltd.(Marshall Islands) Ranks
Frequently Asked Questions
What is Euroseas Ltd.(Marshall Islands)'s annual revenue?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s revenue growing?
Euroseas Ltd.(Marshall Islands) (ESEA) revenue grew by 7.0% year-over-year, from $212.9M to $227.9M in fiscal year 2025.
Is Euroseas Ltd.(Marshall Islands) profitable?
Yes, Euroseas Ltd.(Marshall Islands) (ESEA) reported a net income of $137.0M in fiscal year 2025, with a net profit margin of 60.1%.
What is Euroseas Ltd.(Marshall Islands)'s EBITDA?
Euroseas Ltd.(Marshall Islands) (ESEA) had EBITDA of $178.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Euroseas Ltd.(Marshall Islands) have?
As of fiscal year 2025, Euroseas Ltd.(Marshall Islands) (ESEA) had $176.5M in cash and equivalents against $197.7M in long-term debt.
What is Euroseas Ltd.(Marshall Islands)'s operating margin?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s net profit margin?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands) pay dividends?
Yes, Euroseas Ltd.(Marshall Islands) (ESEA) paid $2.70 per share in dividends during fiscal year 2025.
What is Euroseas Ltd.(Marshall Islands)'s return on equity (ROE)?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s operating cash flow?
Euroseas Ltd.(Marshall Islands) (ESEA) generated $141.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Euroseas Ltd.(Marshall Islands)'s total assets?
Euroseas Ltd.(Marshall Islands) (ESEA) had $700.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Euroseas Ltd.(Marshall Islands)'s current ratio?
Euroseas Ltd.(Marshall Islands) (ESEA) had a current ratio of 4.89 as of fiscal year 2025, which is generally considered healthy.
What is Euroseas Ltd.(Marshall Islands)'s debt-to-equity ratio?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s return on assets (ROA)?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s P/E ratio?
Euroseas Ltd.(Marshall Islands) (ESEA) trades at 3.4x earnings, its market capitalization divided by net income of $137.0M net income, FY2025. The market capitalization is $466.9M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Euroseas Ltd.(Marshall Islands)'s price-to-sales ratio?
Euroseas Ltd.(Marshall Islands) (ESEA) trades at 2.0x sales, its market capitalization divided by revenue of $227.9M revenue, FY2025. The market capitalization is $466.9M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Euroseas Ltd.(Marshall Islands)'s Altman Z-Score?
Euroseas Ltd.(Marshall Islands) (ESEA) has an Altman Z-Score of 2.88, placing it in the Grey Zone (moderate 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 Ltd.(Marshall Islands)'s Piotroski F-Score?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)'s earnings high quality?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands) cover its interest payments?
Euroseas Ltd.(Marshall Islands) (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 Ltd.(Marshall Islands)?
Euroseas Ltd.(Marshall Islands) (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.