logo
Twitter
Discord
Email
logo
StealthGas Inc.

StealthGas Inc.

NASDAQ•GASS
CEO: Mr. Harry N. Vafias
Sector: Industrials
Industry: Marine Shipping
Listing Date: 2005-10-06
StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel; and edible oils and chemicals. It offers crude oil and natural gas. The company operates a fleet of 33 LPG carries, including six JV vessels. StealthGas Inc. was incorporated in 2004 and is based in Athens, Greece.
Contact Information
331 Kifissias Avenue, Erithrea, Athens, 14561, Greece
30-210-62-50-001
www.stealthgas.com
Market Cap
$291.35M
P/E (TTM)
4.5
25
Dividend Yield
--
52W High
$8.18
52W Low
$4.90
52W Range
90%
Rank38Top 36.9%
4.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$44.53M+10.10%
4-Quarter Trend

EPS

$0.37+12.12%
4-Quarter Trend

FCF

$14.63M-33.47%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Revenue and Net Income Total revenues reached $167.26M USD, up 16.6%. Net income grew to $69.86M USD, an increase of 34.5%.
Improved Daily Charter Rates Average TCE daily rate hit $16,080 USD, showing a 30.4% improvement over prior year rates due to better market conditions.
Debt Deleveraging Achieved Total net debt reduced significantly to $84.89M USD as of year-end 2024, supported by strong operating cash flows and prepayments.

Risk Factors

Geopolitical Route Disruptions Conflict in Ukraine and Houthi attacks in Red Sea disrupt trade patterns, creating uncertainty for energy prices and charter rates.
Cyclical Charter Market Volatility Demand for LPG transportation is cyclical, leading to potential difficulty finding profitable charters and significant fluctuations in vessel values.
Vessel Value Covenant Breach Significant vessel value deterioration could cause breaches in loan covenants, potentially leading to debt acceleration and foreclosure on the fleet.

Outlook

Future Fleet Expansion Financing Future growth depends on securing financing for potential vessel acquisitions, balancing debt levels against operational cash flow generation.
MGC Segment Oversupply Risk MGC segment order book suggests a considerable number of new vessels could lead to oversupply starting in 2026, pressuring charter rates.
Managing ESG Scrutiny Costs Increased investor focus on ESG requires implementing potentially stringent procedures, impacting capital access and operational costs going forward.

Peer Comparison

Revenue (TTM)

Southland Holdings, Inc.SLND
$935.46M
-9.1%
Pamt Corp.PAMT
$623.27M
-14.4%
KNOT Offshore Partners LPKNOP
$359.21M
+19.6%

Gross Margin (Latest Quarter)

Seanergy Maritime Holdings Corp.SHIP
44.5%
-10.8pp
Blink Charging Co.BLNK
40.6%
+7.0pp
StealthGas Inc.GASS
33.8%
-5.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SLDP$1.07B-10.5-24.9%2.0%
KNOP$354.75M6.78.6%57.1%
GASS$291.35M4.59.5%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.8%
Moderate Growth
4Q Net Income CAGR
-2.1%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 19, 2026
|
EPS:-
|
Revenue:$39.80M
Reports
All Years

  • Form 20-F - FY 2024

    Period End: Dec 31, 2024|Filed: Apr 28, 2025|
    Revenue: $167.26M+16.5%
    |
    EPS: $1.90+37.7%
    Beat

  • Form 20-F - FY 2023

    Period End: Dec 31, 2023|Filed: Apr 29, 2024|
    Revenue: $143.53M-6.0%
    |
    EPS: $1.38+53.3%
    Beat

  • Form 20-F - FY 2022

    Period End: Dec 31, 2022|Filed: Apr 27, 2023|
    Revenue: $152.76M+1.7%
    |
    EPS: $0.90+196.8%
    Beat

  • Form 20-F - FY 2021

    Period End: Dec 31, 2021|Filed: Apr 29, 2022|
    Revenue: $150.20M+3.6%
    |
    EPS: $-0.93-400.0%
    Miss

  • Form 20-F - FY 2020

    Period End: Dec 31, 2020|Filed: Apr 27, 2021|
    Revenue: $145.00M+0.5%
    |
    EPS: $0.31+491.6%
    Miss