Eagle Bulk Shipping Inc.
EGLEDelisted Apr 9, 2024- Industry
- Deep Sea Foreign Transportation of Freight
- SEC CIK
- 0001322439
Eagle Bulk Shipping Inc. was delisted on Apr 9, 2024; its insiders filed their last Form 4 on Apr 11, 2024; 130 institutions reported holding it in 13F filings for Q1 2024, worth $518.7M in total; Oaktree Capital was the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:48 PM ET
Revenue flow, FY2023
Where the revenue went in FY2023, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net income for FY2023: $22.7M (5.8% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 1, 2024 | Mar 2, 2023 | Mar 3, 2022 | Mar 4, 2021 | Mar 4, 2020 |
| Revenue | $393.8M | $719.8M | $594.5M | $275.1M | $292.4M |
| Selling, general and administrative | $43.6M | $41.2M | $35.2M | $31.5M | $35.0M |
| Operating income | $37.7M | $252.4M | $261.4M | -$4.75M | $9.43M |
| Interest expense | $23.6M | $17.0M | $32.3M | $35.4M | $30.6M |
| Net income | $22.7M | $248.0M | $184.9M | -$35.1M | -$21.7M |
| EPS, basic | $2.05 | $19.09 | $14.91 | $-3.40 | $-0.30 |
| EPS, diluted | $1.96 | $15.57 | $11.79 | $-3.40 | $-0.30 |
| Weighted shares, basic | 11.1M | 13.0M | 12.4M | 10.3M | 71.4M |
| Weighted shares, diluted | 14.5M | 16.3M | 15.7M | 10.3M | 71.4M |
| Margins and growth | |||||
| Operating margin | 9.6% | 35.1% | 44.0% | -1.7% | 3.2% |
| Net margin | 5.8% | 34.5% | 31.1% | -12.7% | -7.4% |
| Revenue growth, year over year | −45.3% | +21.1% | +116.1% | −5.9% | −5.7% |
| Net income growth, year over year | −90.8% | +34.1% | – | – | −272.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 1, 2024 | Mar 2, 2023 | Mar 3, 2022 | Mar 4, 2021 | Mar 4, 2020 |
| Cash and equivalents | $118.6M | $187.2M | $86.1M | $69.9M | $53.6M |
| Accounts receivable | $30.9M | $32.3M | $28.5M | $13.8M | $20.0M |
| Inventory | $25.0M | $28.1M | $17.7M | $11.6M | $15.8M |
| Total current assets | $189.5M | $262.0M | $156.0M | $118.3M | $100.5M |
| Property, plant and equipment | $1.09M | $310.0K | $257.2K | $489.2K | $740.7K |
| Total assets | $1.15B | $1.24B | $1.13B | $967.1M | $1.00B |
| Accounts payable | $21.2M | $20.1M | $20.8M | $10.6M | $13.5M |
| Short-term debt | – | $49.8M | $49.8M | $39.2M | $35.7M |
| Total current liabilities | $212.8M | $129.0M | $123.6M | $82.4M | $102.2M |
| Long-term debt | $330.1M | $284.7M | $330.2M | $412.9M | $410.1M |
| Total liabilities | $547.7M | $418.0M | $455.4M | $496.7M | $520.6M |
| Shareholders' equity | $600.2M | $819.2M | $671.3M | $470.4M | $481.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 1, 2024 | Mar 2, 2023 | Mar 3, 2022 | Mar 4, 2021 | Mar 4, 2020 |
| Operating cash flow | $55.9M | $298.3M | $209.2M | $12.6M | $21.7M |
| Depreciation and amortization | $60.5M | $61.2M | $53.5M | $50.2M | $40.5M |
| Stock-based compensation | $7.49M | $6.11M | $3.48M | $3.05M | $4.83M |
| Dividends paid | $16.8M | $105.0M | $25.8M | – | – |
| Share buybacks | $222.9M | – | – | – | – |
| Investing cash flow | -$29.1M | -$23.7M | -$125.5M | -$5.49M | -$168.6M |
| Financing cash flow | -$95.4M | -$171.1M | -$86.3M | $22.6M | $127.9M |
| Net change in cash | -$68.6M | $103.5M | -$2.63M | $29.7M | -$19.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.9% | 0.8% | 0.6% | 1.1% | 1.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Mar 1, 2024 | 11.1M | −19.2% | SEC |
| Nov 3, 2023 | 9.93M | −27.4% | SEC |
| Aug 4, 2023 | 9.94M | −27.4% | SEC |
| May 5, 2023 | 13.7M | +0.1% | SEC |
| Mar 9, 2023 | 13.7M | +0.6% | SEC |
| Nov 2, 2022 | 13.7M | +0.7% | SEC |
| Aug 3, 2022 | 13.7M | +1.7% | SEC |
| May 4, 2022 | 13.7M | +9.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.