Capital Clean Energy Carriers Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Capital Clean Energy Carriers Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	242	117	118	108	141	185	299
Selling, general and administrative						2.01	2.24	2.56
General and administrative	6.25	6.24	5.71	5.5	7.2	8.66	10.7	13.4	16.7	15.6
Operating income	75.7	34.6	10.5	40.1	47.2	118	134	91.3	178	214
Interest expense	22.7	18.4	17.4	15.8	13.8	16.6	44	82.3	121	99.1
Other non-operating income	-23.2	-18.8	-18.1	-15.7	-16.9	-19.9	-47.5	-83.1	-122	-101
Income from continuing operations		15.8	-7.61	24.4	30.4	98.2	86.3	8.25	55.2	113
Net income	52.5	38.5	-0.1		30.4	98.2	125	47.2	194	171
EBITDA	148	70.6	43.3	69.4	88.6	165	175	139	254	301
EPS, basic	2.35	1.51	-0.60	-7.25	1.60	5.14	6.19	2.15	2.60	2.90
EPS, diluted	2.35	1.51	-0.60	-7.25	1.60	5.14	6.19	2.15	2.60	2.88
Shares, basic (weighted)	17.1	17.7	18.1	18.2	18.2	18,342	19,325	21.2	56.1	58.9
Shares, diluted (weighted)	17.1	17.7	18.1	18.2	18.2	18,342	19,325	21.2	56.1	59.2

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	107	53.3	21.2	58	47.3	20.4	145	192	313	274
Receivables	2.5	4.77	16.1	2.69	2.86	6.03	2.1	3.1	3.69	8.44
Inventory	4.76	5.32	1.52	1.47	3.53	5.01	6.82	3	4.43	3.98
Other current assets	3.94	3.05	2.02	2.74
Total current assets	118	105	64.6	65.9	57.8	37.7	166	226	406	426
Property, plant and equipment	1,368	1,265	586	577	712	1,782	1,782	2,387	3,344	3,571
Total assets	1,599	1,466	1,385	703	822	1,885	1,997	3,140	4,113	4,095
Accounts payable	8.69	9.63	14.3	12.5	9.03	9.82	1.02	4.16	3.54	5.61
Accrued liabilities	7.86	15.1	16.7	16.2	10.7	11.4	17.5	18.7	31.2	37.7
Deferred revenue	20	18.8	7.32	3.83	2.82	8.92	18.6	19.1	29.8	29.4
Short-term debt	39.6	50.5	37.5	27	35.8	97.9	73.2	93.5	117	122
Total current liabilities	92.2	123	115	64.7	61.6	131	119	184	243	310
Long-term debt	563	404	254	232	339	1,211	1,216	1,585	2,278	2,232
Total liabilities	671	533	504	297	400	1,360	1,358	1,965	2,770	2,596
Total debt	602	454	291	259	374	1,309	1,289	1,679	2,395	2,354
Paid-in capital								0	1,240	1,263
Retained earnings								0	103	237
Treasury stock					0	-4.5	-3.83	-7.94	0
Other comprehensive income						0	-4.77	-1.59	-0.29	-1.58
Shareholders' equity								1,175	1,343	1,499
Total equity								1,175	1,343	1,499
Total liabilities and equity	1,599	1,466	1,385	703	822	1,885	1,997	3,140	4,113	4,095
Shares outstanding								55	58.4	59.5

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	52.5	38.5	-0.1		30.4	98.2	125	47.2	194	171
Depreciation and amortization	71.9	36	32.8	29.3	41.4	46.9	41	47.6	76.5	87.2
Stock-based compensation	1.07	1.16	0.61	0.91	2.05	2.04	3.79	3.79	6.92	6.4
Change in receivables	0.18	-2.28	-11.4	13.4	-0.17	-3.17	3.74	0.17	-1.8	-4.75
Change in inventory	-0.35	-0.44	1.15	0.05	-2.06	-1.48	-1.24	1.73	-1.9	0.45
Cash from operations	155	127	97.9	45.3	80.7	111	173	189	185	233
Capital expenditures	-90.8	-1.68	-2.43	-6.52	-185	-368	-140	-336	-1,201	-315
Cash from investing	-90.8	-2.04	-4.48	-6.52	-185	-175	-14.1	-447	-1,201	-315
Debt issued	35	0	0	0	271	204	206	292	1,582	44.5
Debt repaid	-17.4	-98.5	-55.3	-32.7	-154	-145	-102	-67	-781	-121
Cash from financing	-46.8	-168	-127	-179	95.4	40.6	-35.1	307	754	-97.2
Exchange rate effect					0	0	0.49	0	0
Net change in cash	16.5	-43.4	-33.1	25.3	-9.13	-23.3	123	48.6	132	-40.3
Free cash flow	64.3	125	95.5	38.8	-105	-257	32.8	-147	-1,016	-82.3
Interest paid	23.8	19.6	25	20.1	15.3	15.8	49.2	98.6	132	107

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $21.75 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Return on equity (ROE)	12.0%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	4.2%	Net income / average total assets.
Return on invested capital (ROIC)	4.8%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

Metric	Value	How it is calculated
Operating income growth, 1y	20.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	16.9%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	35.3%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	18.5%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	19.9%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	27.7%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-11.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	10.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	41.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	10.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-22.5%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	12.5%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	26.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	10.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	23.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	11.6%	Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y	-0.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	27.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	37.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	5.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-85.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	26.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.38x	Current assets / current liabilities.
Quick ratio	0.91x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.88x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.57x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	57.5%	Total debt / total assets.
Liabilities / assets	63.4%	Total liabilities / total assets.
Net debt	$2.08B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	6.91x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	2.16x	Operating income / interest expense.
Working capital	$116.5M	Current assets - current liabilities.
Tangible book value	$1.50B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
FCF conversion	-48.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	135.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.88	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$2.90	Net income per basic share, as reported (split-adjusted).
FCF per share	-$1.39	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.93	Cash from operations / diluted weighted shares.
Book value per share	$25.20	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$25.20	Tangible book value / shares outstanding.
Cash per share	$4.60	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$1.31B	Share price x shares outstanding.
Enterprise value	$3.39B	Market cap + total debt - cash - short-term investments.
P/E	7.68x	Market cap / net income. Only when net income is positive.
P/B	0.87x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.87x	Market cap / tangible book value, when positive.
P/OCF	5.63x	Market cap / cash from operations, when positive.
EV/EBIT	15.9x	Enterprise value / operating income, when both are positive.
EV/EBITDA	11.3x	Enterprise value / EBITDA, when both are positive.
FCF yield	-6.3%	Free cash flow / market cap.
Earnings yield	13.0%	Net income / market cap (the inverse of P/E).

Was Capital Clean Energy Carriers Corp. profitable in fiscal 2025?

Yes. Net income was $170.8M, a net margin of -.

How much free cash flow did Capital Clean Energy Carriers Corp. generate in fiscal 2025?

Cash from operations of $232.8M minus capital expenditures of $315.1M left free cash flow of -$82.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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