ECO vs SBLK: Okeanis Eco Tankers and Star Bulk Carriers compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Okeanis Eco Tankers is the larger company, worth $3.7B, close to Star Bulk Carriers's $3.4B.
- Okeanis Eco Tankers grew revenue faster over the last year (-0.4% vs -17.6%).
- Okeanis Eco Tankers keeps more of each dollar of revenue as operating profit (41.5% vs 13.1%).
- On earnings, Okeanis Eco Tankers is the cheaper stock (24.7x vs 40.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ECO | SBLK |
|---|---|---|
| Market cap | $3.7B | $3.4B |
| Share price | $93.11 | $29.70 |
| Revenue (last fiscal year) | $392M | $1.0B |
| Free cash flow (last fiscal year) | — | $212M |
| Revenue growth, last year | -0.4% | -17.6% |
| Revenue growth per year, last 5 fiscal years | +23.4% | -7.6% |
| Operating margin | 41.5% | 13.1% |
| Net margin | 31.4% | 8.1% |
| Return on equity | 21.4% | 3.4% |
| P/E (trailing) | 24.7x | 40.7x |
| Price / free cash flow | 51.8x | 16.1x |
| EV / EBITDA | 13.0x | 12.3x |
| FCF growth the price implies | — | 2.0% |
| Dividend yield | — | 2.0% |
| Debt / equity | 1.09x | 0.55x |
| Fundamental grade | C | D |
| Superinvestors holding it | 0 | 3 |
| Insider purchases, last 12 months | 0 | 9 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Okeanis Eco Tankers
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $169M | — | 18.9% |
| 2022 | $271M | — | 40.6% |
| 2023 | $413M | — | 48.7% |
| 2024 | $393M | — | 41.4% |
| 2025 | $392M | — | 41.5% |
Star Bulk Carriers
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.4B | $637M | 51.8% |
| 2022 | $1.4B | $744M | 42.3% |
| 2023 | $949M | $318M | 25.1% |
| 2024 | $1.3B | $416M | 30.3% |
| 2025 | $1.0B | $212M | 13.1% |
Where the revenue comes from
Okeanis Eco Tankers · by products, 2025
Voyage Charter$384M98%
Time Charter$8M2%
Star Bulk Carriers
No segment breakdown reported.
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open ECO in InvestinglyQuestions
Which is bigger, Okeanis Eco Tankers or Star Bulk Carriers?
Okeanis Eco Tankers (ECO), at $3.7B against $3.4B.
Is ECO or SBLK cheaper?
By trailing P/E, Okeanis Eco Tankers (24.7x) is cheaper than Star Bulk Carriers (40.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, ECO or SBLK?
Okeanis Eco Tankers: revenue grew -0.4% over the last year, against -17.6%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.