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

Pyxis Tankers (PXSAW) 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

PXSAW

Source SEC Filings (10-K/10-Q) Updated Dec 31, 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 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 PXSAW FY2025 2026-04-22

PXSAW now runs on a cash-cushioned balance sheet while thin operating margins leave less room for its debt load.

Over the past three reported years, net income fell from $37.0M to $2.0M even though operating cash flow stayed positive, showing the business still produces cash but has lost much of its earnings cushion after financing costs and other accounting effects. In the latest year, operating cash flow of $13.6M sat well above profit, and depreciation of $7.6M helped keep cash generation firmer than headline earnings suggest.

Liquidity is comfortable: cash reached $35.6M against current liabilities of $12.7M, so near-term obligations do not appear to be the main constraint. But leverage remains a structural feature, with debt-to-equity at 0.8x, so the larger cash balance looks more like a buffer than deleveraging.

Revenue softness now hurts profit disproportionately: sales fell to $39.0M while SG&A rose to $6.1M, so more of each sales dollar is being absorbed before it reaches the bottom line. That is why return on assets has shrunk to 1.0% even with a sizable asset base.

Financial Health Signals

Financial Profile 56/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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

100

Pyxis Tankers has an operating margin of 15.2%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 32.5% the prior year.

Growth

Pyxis Tankers's revenue declined 24.3% year-over-year, from $51.5M to $39.0M. This contraction results in a growth score of 21/100.

Leverage

Pyxis Tankers carries a low D/E ratio of 0.83, meaning only $0.83 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 4.45, Pyxis Tankers holds $4.45 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 88/100.

Returns

Pyxis Tankers's ROE of 2.1% shows moderate profitability relative to equity, earning a score of 40/100. This is down from 13.8% the prior year.

Piotroski F-Score Neutral

5/9

Pyxis Tankers passes 5 of 9 financial strength tests. 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

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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

PXSAW 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

PXSAW 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

PXSAW 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

PXSAW 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

Frequently Asked Questions

What is Pyxis Tankers's annual revenue?

Pyxis Tankers (PXSAW) 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 (PXSAW) 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 (PXSAW) 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 (PXSAW) 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 (PXSAW) had $35.6M in cash and equivalents against $79.3M in long-term debt.

What is Pyxis Tankers's operating margin?

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

What is Pyxis Tankers's current ratio?

Pyxis Tankers (PXSAW) 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 (PXSAW) 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 (PXSAW) 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 Piotroski F-Score?

Pyxis Tankers (PXSAW) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 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 (PXSAW) 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 (PXSAW) 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 (PXSAW) scores 56 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.