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

Pyxis Tankers (PXSAW) reported diluted earnings per share of $0.91 for fiscal year 2024. This represents a -69.0% 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

PXSAW

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE December

This page shows Pyxis Tankers (PXSAW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).

Financial Health Signals

Financial Profile 51/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Pyxis Tankers's revenue grew 13.4% year-over-year to $51.5M, a solid pace of expansion. This earns a growth score of 56/100.

Leverage

Pyxis Tankers carries a low D/E ratio of 0.82, meaning only $0.82 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.76, Pyxis Tankers holds $3.76 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.

Cash Flow

While Pyxis Tankers generated $18.8M in operating cash flow, capex of $45.0M consumed most of it, leaving -$26.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Pyxis Tankers's ROE of 13.8% shows moderate profitability relative to equity, earning a score of 42/100. This is down from 38.4% the prior year.

Piotroski F-Score Weak

3/9

Pyxis Tankers passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.46x

For every $1 of reported earnings, Pyxis Tankers generates $1.46 in operating cash flow ($18.8M OCF vs $12.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$51.5M

YoY+13.4%

5Y CAGR+13.2%

Pyxis Tankers generated $51.5M in revenue in fiscal year 2024. This represents an increase of 13.4% from the prior year.

EBITDA

N/A

Net Income

$12.9M

YoY-65.3%

Pyxis Tankers reported $12.9M in net income in fiscal year 2024. This represents a decrease of 65.3% from the prior year.

EPS (Diluted)

$0.91

YoY-69.0%

Pyxis Tankers earned $0.91 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 69.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$26.1M

YoY-270.1%

Pyxis Tankers generated -$26.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 270.1% from the prior year.

Cash & Debt

$21.2M

YoY-38.5%

5Y CAGR+71.3%

10Y CAGR+41.8%

Pyxis Tankers held $21.2M in cash against $77.0M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

11M

YoY+0.1%

5Y CAGR-13.2%

Pyxis Tankers had 11M shares outstanding in fiscal year 2024. This represents an increase of 0.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

25.0%

YoY-56.5pp

5Y CAGR+55.0pp

Pyxis Tankers's net profit margin was 25.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 56.5 percentage points from the prior year.

Return on Equity

13.8%

YoY-24.6pp

5Y CAGR+39.8pp

10Y CAGR+49.5pp

Pyxis Tankers's ROE was 13.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 24.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$1.5M

YoY+19.5%

Pyxis Tankers spent $1.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 19.5% from the prior year.

Capital Expenditures

$45.0M

YoY+57.8%

5Y CAGR+139.6%

10Y CAGR+69.3%

Pyxis Tankers invested $45.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 57.8% from the prior year.

PXSAW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$51.5M+13.4%	$45.5M-22.1%	$58.3M+130.2%	$25.3M+16.7%	$21.7M-21.8%	$27.8M
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	$3.0M-13.1%	$3.4M+37.5%	$2.5M-1.2%	$2.5M+6.7%	$2.4M-1.2%	$2.4M
Operating Income	N/A	$41.9M+141.8%	$17.3M+303.4%	-$8.5M-339.9%	-$1.9M+23.5%	-$2.5M
Interest Expense	$6.5M+11.9%	$5.8M+31.4%	$4.4M+35.2%	$3.3M-33.8%	$5.0M-14.0%	$5.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$12.9M-65.3%	$37.0M+176.6%	$13.4M+208.5%	-$12.3M-78.8%	-$6.9M+17.2%	-$8.3M
EPS (Diluted)	$0.91-69.0%	$2.94+177.4%	$1.06+174.1%	$-1.43-10.0%	$-1.30	N/A

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22	Q2'22
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

PXSAW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$188.9M+13.6%	$166.3M+19.7%	$139.0M-2.5%	$142.6M+53.0%	$93.2M-14.3%	$108.8M
Current Assets	$46.1M-24.2%	$60.9M+188.1%	$21.1M+10.6%	$19.1M+253.4%	$5.4M-68.6%	$17.2M
Cash & Equivalents	$21.2M-38.5%	$34.5M+356.7%	$7.6M+22.4%	$6.2M+281.5%	$1.6M+12.4%	$1.4M
Inventory	$1.9M+97.4%	$957K-49.9%	$1.9M+22.0%	$1.6M+130.1%	$681K+35.9%	$501K
Accounts Receivable	$5.0M+1.5%	$5.0M-52.6%	$10.5M+510.1%	$1.7M+158.8%	$663K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$95.5M+36.9%	$69.8M-10.1%	$77.6M-17.2%	$93.7M+47.3%	$63.6M-17.1%	$76.8M
Current Liabilities	$12.3M+21.5%	$10.1M-19.7%	$12.6M-45.0%	$22.8M+175.1%	$8.3M-63.2%	$22.5M
Long-Term Debt	$77.0M+39.0%	$55.4M-6.2%	$59.0M-9.0%	$64.9M+28.9%	$50.3M+2.2%	$49.2M
Total Equity	$93.4M-3.3%	$96.5M+57.3%	$61.4M+25.6%	$48.9M+65.3%	$29.6M-7.6%	$32.0M
Retained Earnings	-$4.7M+67.3%	-$14.3M+71.7%	-$50.5M+19.9%	-$63.0M-25.7%	-$50.2M-16.2%	-$43.2M

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22	Q2'22
Total Assets	$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+1.7%	$135.8M
Current Assets	$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+24.9%	$14.9M
Cash & Equivalents	$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+16.9%	$3.6M
Inventory	$1.4M-24.1%	$1.9M-10.5%	$2.1M+120.6%	$957K+11.5%	$858K-55.1%	$1.9M-32.2%	$2.8M-18.7%	$3.5M
Accounts Receivable	$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+71.6%	$5.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$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-3.3%	$86.0M
Current Liabilities	$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-7.6%	$18.0M
Long-Term Debt	$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-2.4%	$62.0M
Total Equity	$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+10.3%	$49.8M
Retained Earnings	-$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+8.2%	-$62.1M

PXSAW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$18.8M-12.1%	$21.4M+159.1%	$8.3M+1023.4%	-$896K+93.1%	-$13.0M-330.2%	$5.7M
Capital Expenditures	$45.0M+57.8%	$28.5M+851.6%	$3.0M-93.0%	$43.0M+8748.8%	$486K-14.6%	$569K
Free Cash Flow	-$26.1M-270.1%	-$7.1M-233.7%	$5.3M+112.0%	-$43.9M-224.8%	-$13.5M-365.4%	$5.1M
Investing Cash Flow	-$42.2M-445.5%	$12.2M+146.4%	$5.0M+111.5%	-$43.2M-442.0%	$12.6M+2542.9%	-$517K
Financing Cash Flow	$9.6M+227.7%	-$7.5M+41.9%	-$12.9M-125.9%	$49.9M+6856.0%	-$739K+82.3%	-$4.2M
Dividends Paid	N/A	N/A	N/A	N/A	$69K	N/A
Share Buybacks	$1.5M+19.5%	$1.2M	N/A	N/A	N/A	N/A

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

PXSAW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	92.1%+62.4pp	29.7%+63.3pp	-33.6%-24.7pp	-8.9%+0.2pp	-9.1%
Net Margin	25.0%-56.5pp	81.5%+58.5pp	22.9%+71.6pp	-48.7%-16.9pp	-31.8%-1.8pp	-30.0%
Return on Equity	13.8%-24.6pp	38.4%+16.5pp	21.8%+47.1pp	-25.3%-1.9pp	-23.3%+2.7pp	-26.0%
Return on Assets	6.8%-15.5pp	22.3%+12.6pp	9.6%+18.3pp	-8.6%-1.2pp	-7.4%+0.3pp	-7.7%
Current Ratio	3.76-2.3	6.04+4.4	1.68+0.8	0.84+0.2	0.65-0.1	0.76
Debt-to-Equity	0.82+0.3	0.57-0.4	0.96-0.4	1.33-0.4	1.70+0.2	1.54
FCF Margin	-50.7%-35.2pp	-15.5%-24.6pp	9.0%+182.3pp	-173.2%-111.0pp	-62.3%-80.6pp	18.4%

Metric	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22	Q2'22
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	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+0.3	0.83
Debt-to-Equity	0.80-0.0	0.820.0	0.82+0.2	0.57-0.2	0.73-0.2	0.96-0.1	1.10-0.1	1.25
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Pyxis Tankers's annual revenue?

Pyxis Tankers (PXSAW) reported $51.5M in total revenue for fiscal year 2024. This represents a 13.4% 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.

How fast is Pyxis Tankers's revenue growing?

Pyxis Tankers (PXSAW) revenue grew by 13.4% year-over-year, from $45.5M to $51.5M in fiscal year 2024.

Is Pyxis Tankers profitable?

Yes, Pyxis Tankers (PXSAW) reported a net income of $12.9M in fiscal year 2024, with a net profit margin of 25.0%.

How much debt does Pyxis Tankers have?

As of fiscal year 2024, Pyxis Tankers (PXSAW) had $21.2M in cash and equivalents against $77.0M in long-term debt.

What is Pyxis Tankers's net profit margin?

Pyxis Tankers (PXSAW) had a net profit margin of 25.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

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

Pyxis Tankers (PXSAW) has a return on equity of 13.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Pyxis Tankers's free cash flow?

Pyxis Tankers (PXSAW) generated -$26.1M in free cash flow during fiscal year 2024. This represents a -270.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Pyxis Tankers's operating cash flow?

Pyxis Tankers (PXSAW) generated $18.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Pyxis Tankers's total assets?

Pyxis Tankers (PXSAW) had $188.9M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Pyxis Tankers's capital expenditures?

Pyxis Tankers (PXSAW) invested $45.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Pyxis Tankers buy back shares?

Yes, Pyxis Tankers (PXSAW) spent $1.5M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Pyxis Tankers have outstanding?

Pyxis Tankers (PXSAW) had 11M shares outstanding as of fiscal year 2024.

What is Pyxis Tankers's current ratio?

Pyxis Tankers (PXSAW) had a current ratio of 3.76 as of fiscal year 2024, which is generally considered healthy.

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

Pyxis Tankers (PXSAW) had a debt-to-equity ratio of 0.82 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

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

Pyxis Tankers (PXSAW) had a return on assets of 6.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Pyxis Tankers's Piotroski F-Score?

Pyxis Tankers (PXSAW) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Pyxis Tankers's earnings high quality?

Pyxis Tankers (PXSAW) has an earnings quality ratio of 1.46x, 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.

How financially healthy is Pyxis Tankers?

Pyxis Tankers (PXSAW) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.