What is Pyxis Tankers's earnings per share (EPS)?

Pyxis Tankers (PXS) reported diluted earnings per share of $0.19 for fiscal year 2025. This represents a -79.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Pyxis Tankers Financials

PXS

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows Pyxis Tankers (PXS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).

Rhea AI PXS FY2025 2026-04-22

Pyxis shows a capital-intensive cash cycle: operating cash stays positive, but reinvestment pace and leverage shape the real economics.

Across FY2023-FY2025, operating cash flow remained positive even as reported profit compressed sharply, which means the business weakened less in cash terms than the income statement suggests. With FY2025 net income at $2.0M but operating cash flow at $13.6M, depreciation-heavy earnings appear to understate near-term cash generation.

FY2025 looks liquid but still leveraged: cash of $35.6M comfortably exceeded current liabilities of $12.7M, pointing to short-term breathing room. The tighter constraint is long-term financing, because debt to equity was 0.8x and interest expense reached $5.8M, leaving less operating profit available for owners.

The bigger swing factor has been reinvestment intensity, not day-to-day operations: over the prior two years, the company generated $40.3M of operating cash flow but still had negative free cash flow because capital spending was heavy. In FY2025, investing cash outflow fell to $1.4M, helping cash rebuild even though net margin narrowed to 5.1%, which shows cash balances are heavily shaped by asset purchases rather than annual earnings alone.

Financial Health Signals

Financial Health Score 42/100

Scored as: Energy peer group

Scored against energy 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 Pyxis Tankers'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.

Profitability

Growth

Leverage

Liquidity

Cash Flow

Returns

Altman Z-Score Distress

0.82

Pyxis Tankers scores 0.82, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Pyxis Tankers passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

6.82x

For every $1 of reported earnings, Pyxis Tankers generates $6.82 in operating cash flow ($13.6M OCF vs $2.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.0x

Pyxis Tankers earns $1.0 in operating income for every $1 of interest expense ($5.9M vs $5.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$39.0M

YoY-24.3%

5Y CAGR+12.4%

Pyxis Tankers generated $39.0M in revenue in fiscal year 2025. This represents a decrease of 24.3% from the prior year.

EBITDA

$13.5M

YoY-42.9%

5Y CAGR+40.3%

10Y CAGR+1.5%

Pyxis Tankers's EBITDA was $13.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 42.9% from the prior year.

Net Income

$2.0M

YoY-84.5%

10Y CAGR-5.5%

Pyxis Tankers reported $2.0M in net income in fiscal year 2025. This represents a decrease of 84.5% from the prior year.

EPS (Diluted)

$0.19

YoY-79.1%

10Y CAGR+0.0%

Pyxis Tankers earned $0.19 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 79.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$35.6M

YoY+67.4%

5Y CAGR+85.5%

10Y CAGR+24.0%

Pyxis Tankers held $35.6M in cash against $79.3M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

10M

YoY-1.3%

5Y CAGR-13.9%

10Y CAGR-5.4%

Pyxis Tankers had 10M shares outstanding in fiscal year 2025. This represents a decrease of 1.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

15.2%

YoY-17.3pp

5Y CAGR+24.1pp

Pyxis Tankers's operating margin was 15.2% in fiscal year 2025, reflecting core business profitability. This is down 17.3 percentage points from the prior year.

Net Margin

5.1%

YoY-19.9pp

5Y CAGR+36.9pp

Pyxis Tankers's net profit margin was 5.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 19.9 percentage points from the prior year.

Return on Equity

2.1%

YoY-11.7pp

5Y CAGR+25.4pp

10Y CAGR-4.3pp

Pyxis Tankers's ROE was 2.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 11.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$472K

YoY-68.2%

Pyxis Tankers spent $472K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 68.2% from the prior year.

Capital Expenditures

N/A

PXS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$39.0M-24.3%	$51.5M+13.4%	$45.5M-22.1%	$58.3M+130.2%	$25.3M+16.7%	$21.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.1M+103.5%	$3.0M-13.1%	$3.4M+37.5%	$2.5M-1.2%	$2.5M+6.7%	$2.4M
Operating Income	$5.9M-64.6%	$16.7M-60.1%	$41.9M+141.8%	$17.3M+303.4%	-$8.5M-339.9%	-$1.9M
Interest Expense	$5.8M-11.5%	$6.5M+11.9%	$5.8M+31.4%	$4.4M+35.2%	$3.3M-33.8%	$5.0M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$2.0M-84.5%	$12.9M-65.3%	$37.0M+176.6%	$13.4M+208.5%	-$12.3M-78.8%	-$6.9M
EPS (Diluted)	$0.19-79.1%	$0.91-69.0%	$2.94+177.4%	$1.06+174.1%	$-1.43-10.0%	$-1.30

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PXS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$193.4M+2.4%	$188.9M+13.6%	$166.3M+19.7%	$139.0M-2.5%	$142.6M+53.0%	$93.2M
Current Assets	$56.6M+22.8%	$46.1M-24.2%	$60.9M+188.1%	$21.1M+10.6%	$19.1M+253.4%	$5.4M
Cash & Equivalents	$35.6M+67.4%	$21.2M-38.5%	$34.5M+356.7%	$7.6M+22.4%	$6.2M+281.5%	$1.6M
Inventory	$536K-71.6%	$1.9M+97.4%	$957K-49.9%	$1.9M+22.0%	$1.6M+130.1%	$681K
Accounts Receivable	$2.0M-60.2%	$5.0M+1.5%	$5.0M-52.6%	$10.5M+510.1%	$1.7M+158.8%	$663K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$98.3M+2.9%	$95.5M+36.9%	$69.8M-10.1%	$77.6M-17.2%	$93.7M+47.3%	$63.6M
Current Liabilities	$12.7M+4.0%	$12.3M+21.5%	$10.1M-19.7%	$12.6M-45.0%	$22.8M+175.1%	$8.3M
Long-Term Debt	$79.3M+3.0%	$77.0M+39.0%	$55.4M-6.2%	$59.0M-9.0%	$64.9M+28.9%	$50.3M
Total Equity	$95.2M+1.9%	$93.4M-3.3%	$96.5M+57.3%	$61.4M+25.6%	$48.9M+65.3%	$29.6M
Retained Earnings	-$2.7M+42.7%	-$4.7M+67.3%	-$14.3M+71.7%	-$50.5M+19.9%	-$63.0M-25.7%	-$50.2M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Total Assets	$193.4M+3.7%	$186.6M-1.2%	$188.9M-4.9%	$198.6M+19.4%	$166.3M+21.6%	$136.7M-1.6%	$139.0M+0.7%	$138.1M
Current Assets	$56.6M+22.9%	$46.1M-0.1%	$46.1M-9.7%	$51.1M-16.1%	$60.9M+60.2%	$38.0M+79.8%	$21.1M+13.2%	$18.7M
Cash & Equivalents	$35.6M+29.6%	$27.4M+29.2%	$21.2M-16.4%	$25.4M-26.4%	$34.5M+7.8%	$32.0M+323.7%	$7.6M+78.0%	$4.3M
Inventory	$536K-62.6%	$1.4M-24.1%	$1.9M-10.5%	$2.1M+120.6%	$957K+11.5%	$858K-55.1%	$1.9M-32.2%	$2.8M
Accounts Receivable	$2.0M-18.8%	$2.5M-50.9%	$5.0M-3.4%	$5.2M+5.1%	$5.0M+19.7%	$4.1M-60.4%	$10.5M+15.9%	$9.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$98.3M+3.9%	$94.6M-1.0%	$95.5M-4.9%	$100.4M+43.9%	$69.8M+9.1%	$63.9M-17.6%	$77.6M-6.7%	$83.2M
Current Liabilities	$12.7M-16.6%	$15.3M+24.7%	$12.3M-4.7%	$12.9M+27.5%	$10.1M-4.4%	$10.5M-16.0%	$12.6M-24.6%	$16.7M
Long-Term Debt	$79.3M+8.3%	$73.2M-4.9%	$77.0M-4.8%	$80.8M+46.0%	$55.4M+3.7%	$53.4M-9.6%	$59.0M-2.4%	$60.5M
Total Equity	$95.2M+3.4%	$92.0M-1.5%	$93.4M-4.9%	$98.2M+1.7%	$96.5M+32.6%	$72.8M+18.6%	$61.4M+11.8%	$54.9M
Retained Earnings	-$2.7M+54.7%	-$5.9M-26.5%	-$4.7M+19.7%	-$5.8M+59.2%	-$14.3M+63.5%	-$39.0M+22.7%	-$50.5M+11.4%	-$57.0M

PXS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$13.6M-27.8%	$18.8M-12.1%	$21.4M+159.1%	$8.3M+1023.4%	-$896K+93.1%	-$13.0M
Capital Expenditures	N/A	$45.0M+57.8%	$28.5M+851.6%	$3.0M-93.0%	$43.0M+8748.8%	$486K
Free Cash Flow	N/A	-$26.1M-270.1%	-$7.1M-233.7%	$5.3M+112.0%	-$43.9M-224.8%	-$13.5M
Investing Cash Flow	-$1.4M+96.8%	-$42.2M-445.5%	$12.2M+146.4%	$5.0M+111.5%	-$43.2M-442.0%	$12.6M
Financing Cash Flow	$2.1M-78.5%	$9.6M+227.7%	-$7.5M+41.9%	-$12.9M-125.9%	$49.9M+6856.0%	-$739K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$69K
Share Buybacks	$472K-68.2%	$1.5M+19.5%	$1.2M	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$5.1M+112.1%	$2.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$5.1M+112.1%	$2.4M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$6K	$0
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$1.8M+2.3%	-$1.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PXS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	15.2%-17.3pp	32.5%-59.6pp	92.1%+62.4pp	29.7%+63.3pp	-33.6%-24.7pp	-8.9%
Net Margin	5.1%-19.9pp	25.0%-56.5pp	81.5%+58.5pp	22.9%+71.6pp	-48.7%-16.9pp	-31.8%
Return on Equity	2.1%-11.7pp	13.8%-24.6pp	38.4%+16.5pp	21.8%+47.1pp	-25.3%-1.9pp	-23.3%
Return on Assets	1.0%-5.8pp	6.8%-15.5pp	22.3%+12.6pp	9.6%+18.3pp	-8.6%-1.2pp	-7.4%
Current Ratio	4.45+0.7	3.76-2.3	6.04+4.4	1.68+0.8	0.84+0.2	0.65
Debt-to-Equity	0.830.0	0.82+0.3	0.57-0.4	0.96-0.4	1.33-0.4	1.70
FCF Margin	N/A	-50.7%-35.2pp	-15.5%-24.6pp	9.0%+182.3pp	-173.2%-111.0pp	-62.3%

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	4.45+1.4	3.02-0.7	3.76-0.2	3.98-2.1	6.04+2.4	3.60+1.9	1.68+0.6	1.12
Debt-to-Equity	0.83+0.0	0.80-0.0	0.820.0	0.82+0.2	0.57-0.2	0.73-0.2	0.96-0.1	1.10
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Pyxis Tankers's annual revenue?

Pyxis Tankers (PXS) reported $39.0M in total revenue for fiscal year 2025. This represents a -24.3% 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 Pyxis Tankers's revenue growing?

Pyxis Tankers (PXS) revenue declined by 24.3% year-over-year, from $51.5M to $39.0M in fiscal year 2025.

Is Pyxis Tankers profitable?

Yes, Pyxis Tankers (PXS) reported a net income of $2.0M in fiscal year 2025, with a net profit margin of 5.1%.

What is Pyxis Tankers's EBITDA?

Pyxis Tankers (PXS) had EBITDA of $13.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Pyxis Tankers have?

As of fiscal year 2025, Pyxis Tankers (PXS) had $35.6M in cash and equivalents against $79.3M in long-term debt.

What is Pyxis Tankers's operating margin?

Pyxis Tankers (PXS) had an operating margin of 15.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Pyxis Tankers's net profit margin?

Pyxis Tankers (PXS) had a net profit margin of 5.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Pyxis Tankers's return on equity (ROE)?

Pyxis Tankers (PXS) has a return on equity of 2.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Pyxis Tankers's operating cash flow?

Pyxis Tankers (PXS) generated $13.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Pyxis Tankers's total assets?

Pyxis Tankers (PXS) had $193.4M in total assets as of fiscal year 2025, including both current and long-term assets.

Does Pyxis Tankers buy back shares?

Yes, Pyxis Tankers (PXS) spent $472K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Pyxis Tankers have outstanding?

Pyxis Tankers (PXS) had 10M shares outstanding as of fiscal year 2025.

What is Pyxis Tankers's current ratio?

Pyxis Tankers (PXS) had a current ratio of 4.45 as of fiscal year 2025, which is generally considered healthy.

What is Pyxis Tankers's debt-to-equity ratio?

Pyxis Tankers (PXS) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Pyxis Tankers's return on assets (ROA)?

Pyxis Tankers (PXS) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Pyxis Tankers's Altman Z-Score?

Pyxis Tankers (PXS) has an Altman Z-Score of 0.82, placing it in the Distress Zone (elevated 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 Pyxis Tankers's Piotroski F-Score?

Pyxis Tankers (PXS) has a Piotroski F-Score of 5 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 Pyxis Tankers's earnings high quality?

Pyxis Tankers (PXS) has an earnings quality ratio of 6.82x, 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 Pyxis Tankers cover its interest payments?

Pyxis Tankers (PXS) has an interest coverage ratio of 1.0x, meaning it can struggle to 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 Pyxis Tankers?

Pyxis Tankers (PXS) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its energy 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.