NASDAQ$GASS

StealthGas Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

StealthGas Q1 2025: $42.0M revenue, $14.1M net income as LPG fleet stays profitable amid debt paydown

StealthGas reported Q1 2025 revenues of $42.0 million, up slightly from $41.6 million a year ago, on an average fleet of 28.0 LPG carriers versus 27.0 in Q1 2024. Net income was $14.1 million ($0.38 basic EPS) compared with $17.7 million ($0.49) in the prior-year quarter; adjusted net income was $16.1 million ($0.44 adjusted EPS). Time charter equivalent revenues declined 4.6% YoY to $36.9 million amid a more muted LPG market, but the company maintained ~70% fleet day coverage for 2025 with over $165 million in contracted revenues. StealthGas repaid $34.4 million of debt in Q1 and another $19.2 million in Q2-to-date, leaving 27 of 28 fully owned vessels unencumbered, and held $77.1 million in cash including restricted cash.

  • Revenues rose to $42.0M from $41.6M YoY; net income was $14.1M ($0.38 EPS) versus $17.7M ($0.49) in Q1 2024
  • Adjusted net income was $16.1M ($0.44 EPS); EBITDA totaled $21.4M for the quarter
  • Repaid $34.4M of debt in Q1 with 27 of 28 owned vessels now unencumbered; cash and restricted cash totaled $77.1M
  • About 70% of 2025 fleet days secured on period charters with $165M+ in contracted forward revenues
  • Spent $1.8M on share repurchases since March; $21.2M cumulative under the current buyback program since June 2023

Headline financials

Total Revenue

$42M

Previous: $41.6M+1.1%
EPS (adj)

$0.44

Previous: $0.53-17.0%
EBITDA

$21.4M

No prior period
TCE revenues

$36.9M

No prior period
Fleet utilization

99.2%

No prior period
Average vessels owned

28

No prior period
Net Income

$14.1M

Previous: $17.7M-20.4%
Operating Income

$12.6M

Previous: $17.5M-27.7%
Cash & Equivalents

$77.1M

No prior period

Revenue & EPS history

StealthGas · Revenue · Quarterly

$42M

Q1 2025+1.1%vs Q1 2024
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

+2.1%

Avg return

5 days after

-0.9%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+16.1%

Q3 2023

Best reaction

-15.7%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-0.9%
Q4 2025-2.8%+4.1%-3.7%
Q3 2025-2.1%+0.6%+0.7%
Q2 2025+5.3%+5.4%-5.5%
Q1 2025+6.0%+5.7%+19.7%
Q4 2024+7.7%+4.7%+4.1%
Q3 2024-9.1%-10.2%-15.9%
Q2 2024+7.0%+14.0%+24.0%
Q1 2024-6.5%+0.3%+0.5%
Q4 2023-9.9%-13.1%-18.3%
Q3 2023+16.1%+18.9%+18.9%
Q2 2023-4.3%-4.5%-2.3%
Q1 2023+2.3%+2.3%+28.9%
Q4 2022+8.6%+12.8%-3.4%
Q3 2022+0.6%+1.9%-8.0%
Q2 2022+0.3%+6.5%-19.4%
Q1 2022+9.2%+13.2%+30.8%
Q4 2021-15.7%-15.3%-13.4%
Q3 2021-3.3%-5.7%-9.8%
Q2 2021+10.2%+11.0%+3.3%
Q1 2021-0.3%+1.7%-6.0%
Q4 2020-15.1%-11.5%-3.8%
Q3 2020-8.0%-10.4%-4.0%
Q2 2020+7.8%+14.3%+3.1%
Q1 2020+7.5%+3.5%-1.6%
Q4 2019-0.3%-2.4%-35.9%
Q3 2019+4.6%+5.8%+9.1%
Q2 2019-3.9%-5.4%-7.5%
Q1 2019+6.0%+5.7%+2.2%
Q4 2018-3.8%-2.3%+1.5%
Q3 2018+9.9%+7.2%-15.7%
Q2 2018-2.0%+5.1%+1.4%
Q1 2018-1.2%-1.5%-3.2%
Q4 2017-0.5%+0.0%-12.4%
Q3 2017+10.0%+8.4%+10.2%
Q2 2017+4.4%+0.9%+4.4%
Q1 2017+8.2%+5.9%+7.2%
Q4 2016+1.5%+7.3%-4.9%
Q3 2016+4.7%+1.5%+2.9%
Q2 2016+1.2%+4.5%+5.4%
Q1 2016-1.2%-1.8%-19.0%
Q4 2015+1.3%
Q3 2015+2.9%
Q2 2015+12.1%
Q1 2015+1.7%
Q4 2014+0.6%
Q3 2014+1.7%
Q2 2014-1.6%
Q1 2014-1.3%
Q4 2013-1.9%
Q3 2013-1.3%
Q2 2013-9.2%
Q3 2011+3.4%
Q3 2012+3.4%
Q4 2012+5.2%
Q1 2013-2.1%
Q4 2010-4.8%
Q4 2011-4.8%
Q4 2009-4.8%
Q1 2012+5.5%
Q2 2011-3.9%
Q1 2011+4.8%
Q3 2010+0.0%
Q2 2010-4.3%
Q1 2010+1.2%

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