Euroseas Ltd.ESEA

NasdaqIndustrialsDeep Sea Foreign Transportation of Freight

Price (close)

$71.03

Market cap

$501.2M

P/E

3.7x

Revenue (FY)

$227.9M

Net income

$137.0M

Dividend yield

4.29%

1-year total return

19.3%

Net margin

60.1%

Revenue growth

7.0%

Debt / equity

0.47x

What Euroseas Ltd. does.

Our fleet consists of containerships that transport container boxes providing scheduled service between ports. Please see the information in the section titled "Our Fleet", below. During 2023, 2024, and 2025 we had a fleet utilization of 98.6%, 99.7% and 99.7%, respectively, our vessels achieved daily time charter equivalent rates of $29,714, $28,054 and $29,107, respectively, and we generated time charter and voyage charter revenues totaling $195.8 million, $219.4 million and $234.44 million respectively.

Our business strategy is focused on providing consistent shareholder returns by carefully selecting the timing and the structure of our investments in containership vessels and by reliably, safely and competitively operating the vessels we own, through our affiliate, Eurobulk. Representing a continuous ship-owning and management history that dates back to the 19th century, we believe that one of our advantages in the industry is our ability to select and safely operate containership vessels of any age.

TC denotes time charter. All dates listed are the earliest redelivery dates under each TC unless the contract rate is lower than the current market rate in which cases the latest redelivery date is assumed; vessels with the latest redelivery date shown are marked by (+ ).

Revenue and profit, by fiscal year.

Fiscal year	2020	2021	2022	2023	2024	2025
Revenue	$53.3M	$93.9M	$182.7M	$189.4M	$212.9M	$227.9M
Net income	$4.0M	$43.0M	$106.2M	$114.5M	$112.8M	$137.0M
Free cash flow	$1.8M	—	—	—	—	—

More on ESEA.

Figures from Euroseas Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.