EuroDry Ltd.

EuroDry Ltd.

45.32
USD
-2.27
(-4.77%)
3.80EPS
6.51P/E
62.75MMarket Cap
Nov 11Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.49
8.5
10.98
12.1
9.8
25.49
24.4
17.22
22.39
18.96
22.38
Basic EPS, GAAP
-4.5
0.38
0.25
-0.85
-3.28
11.63
11.66
-1.05
-4.62
-1.55
3.36
Free Cash Flow per Basic Share
-8.86
-2.98
-11.23
6.22
0.75
0.92
-1.67
-19.36
-1.44
1.96
6.21
Dividend per Share
- -
- -
- -
0.58
0.31
0.43
- -
- -
- -
- -
- -
Book Value per Share
13.79
14.57
19.1
18.14
7.95
27.04
39.25
38.72
34.22
32.27
34.92
Tangible Book Value per Share
13.79
14.57
19.1
18.14
7.95
27.04
39.25
38.72
34.22
32.27
34.92
Basic Weighted Avg Shares
2
2
2
2
2
3
3
3
3
3
3
Sales/Revenue/Turnover
8
19
25
27
22
64
70
48
61
52
62
Operating Margin (%)
-24.36
13.72
16.29
11.04
-12.3
60.35
44.54
2.58
-5.73
0.34
26.66
Depreciation Expense
4
5
5
6
7
8
11
11
14
12
12
Net Income, GAAP
-10
1
1
- -
-6
31
34
-3
-13
-4
9
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-128.71
4.44
4.57
0.06
-26.37
48.34
47.79
-6.11
-20.64
-8.16
15.02
Working Capital
1
-2
5
-2
-13
13
21
-1
5
10
8
LT Debt
28
30
56
50
37
65
58
86
95
91
76
Total Equity
31
33
62
57
35
79
114
119
106
103
109
Return on Invested Capital (%)
- -
3.99
4.06
2.52
- -
31.97
19.34
- -
- -
- -
8.5
Return on Capital (%)
- -
4.05
4.1
2.96
- -
27.53
21.2
- -
- -
- -
7.08
Return on Common Equity (%)
- -
2.66
1.45
-4.5
-24.65
60.26
34.78
-2.6
-12.21
-4.49
9.82

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
12
22
LT Borrowings
91
88
76
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
37
57
63

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29
28
35
Cash, Cash Equivalents & STI
20
19
26
Accounts Receivable, Net
3
4
4
Inventories
1
1
1
Total Current Liabilities
19
18
27
Payables & Accruals
6
5
4
ST Debt
12
12
22
Deferred Revenue
1
1
1

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.56%
-2.92%
Free Cash Flow
- -
82.3%
-237.74%
Net Income, GAAP
- -
-92.77%
-66.17%
Sales/Revenue/Turnover
- -
35.95%
-14.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
17
15
15
61
2025
9
11
14
17
52
2026
13
18
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.65
-0.15
-1.53
-2.28
-4.62
2025
-1.35
-1.12
-0.24
1.14
-1.55
2026
0.09
2.36
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Aristides J. Pittas
Full Time Employees
252
Sector
Transportation
Industry
Marine shipping
Address
4 Messogiou & Evropis Street Athens GI Greece 151 24
IPO Date
May 24, 2018
Website
eurodry.gr
Business
EuroDry Ltd. EuroDry Ltd. (NASDAQ: EDRY) provides worldwide ocean-going transportation services for drybulk cargoes through ownership and operation of a fleet of drybulk carriers transporting major bulks such as iron ore, coal, and grains; minor bulks including bauxite, phosphate, fertilizers, and steel products; employing vessels primarily on spot and period charters as well as through pool arrangements. The Company, incorporated in the Republic of the Marshall Islands on January 8, 2018 as a spin-off from Euroseas Ltd. (NASDAQ: ESEA), maintains its headquarters in Maroussi, Greece with operations managed by affiliated ship management companies Eurobulk Ltd. and Eurobulk (Far East) Ltd. Inc.; its current fleet comprises 13 vessels including 2 Kamsarmax (82,000 dwt each), 5 Ultramax (averaging 63,000 dwt), 1 Supramax (57,924 dwt), and 5 Panamax (averaging 76,000 dwt) with total cargo capacity of 918,502 dwt and average age of 14.5 years, positioned for flexible employment in key global trade routes serving miners, agricultural traders, commodity firms, and industrial producers. Recent developments include the signing of contracts on November 19, 2024 for construction of two modern 63,500 dwt Ultramax bulk carriers at $71.8 million for delivery in Q2-Q3 2027; agreements to sell older Panamax vessels M/V Tasos (2000-built, $5 million, February 2025) and M/V Eirini P. (2004-built, $8.5 million, September 2025) as part of fleet renewal; debt financing arrangements announced November 13, 2025 for the newbuilds; and joint ventures with private investors for prior eco Ultramax acquisitions including M/V Christos K and M/V Maria in 2023, enabling non-dilutive growth while expanding capacity to 1.05 million dwt on fully delivered basis.

Company News

  • EuroDry (NASDAQ:EDRY) Director Acquires $28,902.00 in Stock

  • EuroDry Ltd. Announces Order for the Construction of a Third Modern 82,000 DWT Kamsarmax Bulk Carrier

  • EDRY or SHIP: Which Shipping Stock Deserves a Place in Your Portfolio?

  • EuroDry Ltd (EDRY) Shares Fall 5.4% -- What GF Score of 68 Tells Investors

  • Is EuroDry (EDRY) Stock Outpacing Its Transportation Peers This Year?

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  • EuroDry Ltd (EDRY) Shares Surge 4.6% -- What GF Score of 65 Tells Investors

  • What Makes EuroDry (EDRY) a Good Fit for 'Trend Investing'

  • Will Dry Bulk Market Strength Lead EuroDry Stock to Higher Highs?

  • Is EuroDry (EDRY) Outperforming Other Transportation Stocks This Year?

  • EuroDry Aims to Expand Fleet: More Upside Ahead for the Stock?

  • 5 Stocks With Recent Price Strength Buoyed by a Strong August

  • EuroDry Soars 304% YTD: Is It Still a Red-Hot Stock to Bet on?

  • EuroDry (EDRY) is on the Move, Here's Why the Trend Could be Sustainable

  • 5 Stocks With Recent Price Strength to Enhance Your Portfolio Returns

  • EuroDry: Cheap Even If The Rally Fades

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  • Earnings Estimates Rising for EuroDry (EDRY): Will It Gain?