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Star Bulk Carriers vs ZIM Integrated Shipping Services: revenue, profit, margins and growth compared

Star Bulk Carriers brought in $1B of revenue in fiscal 2025, ZIM Integrated Shipping Services $6.9B in fiscal 2025. Revenue changed by -17.6% at Star Bulk Carriers and -18.1% at ZIM Integrated Shipping Services on the year before, so Star Bulk Carriers grew faster. Star Bulk Carriers kept 8.1% of its revenue as net profit, ZIM Integrated Shipping Services 6.9%.

Side by side, latest fiscal year

SBLKZIM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1B$6.9B
Revenue growth-17.6%-18.1%
Net income$84.2M$479.2M
Net margin8.1%6.9%
Free cash flow$211.9Mn/a
Free cash flow margin20.3%n/a
Earnings per share (diluted)$0.73$3.98
Cash$488.5M$1.1B
Debtn/a$90.1M
Price to earningsn/an/a
Market value$3.3B$3.5B
Dividend yieldn/an/a
Rank by revenue in sector#454 of 778 · Consumer discretionary#157 of 778 · Consumer discretionary

Over the years

Revenue
SBLK FY2018: $651.6MSBLK FY2019: $821.4MSBLK FY2020: $693.2MSBLK FY2021: $1.4BSBLK FY2022: $1.4BSBLK FY2023: $949.3MSBLK FY2024: $1.3BSBLK FY2025: $1BZIM FY2018: $3.2BZIM FY2020: $3.3BZIM FY2020: $4BZIM FY2021: $10.7BZIM FY2022: $12.6BZIM FY2023: $5.2BZIM FY2024: $8.4BZIM FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
SBLK $1BZIM $6.9B
Net income
SBLK FY2018: $58.4MSBLK FY2019: -$16.2MSBLK FY2020: $9.7MSBLK FY2021: $680.5MSBLK FY2022: $566MSBLK FY2023: $173.6MSBLK FY2024: $304.7MSBLK FY2025: $84.2MZIM FY2018: -$125.7MZIM FY2020: -$18.1MZIM FY2020: $518MZIM FY2021: $4.6BZIM FY2022: $4.6BZIM FY2023: -$2.7BZIM FY2024: $2.1BZIM FY2025: $479.2MFY18FY19FY20FY21FY22FY23FY24FY25
SBLK $84.2MZIM $479.2M
Net margin
SBLK FY2018: 9.0%SBLK FY2019: -2.0%SBLK FY2020: 1.4%SBLK FY2021: 47.7%SBLK FY2022: 39.4%SBLK FY2023: 18.3%SBLK FY2024: 24.1%SBLK FY2025: 8.1%ZIM FY2018: -3.9%ZIM FY2020: -0.6%ZIM FY2020: 13.0%ZIM FY2021: 43.3%ZIM FY2022: 36.8%ZIM FY2023: -52.2%ZIM FY2024: 25.5%ZIM FY2025: 6.9%FY18FY19FY20FY21FY22FY23FY24FY25
SBLK 8.1%ZIM 6.9%
Revenue growth
SBLK FY2019: +26.1%SBLK FY2020: -15.6%SBLK FY2021: +105.9%SBLK FY2022: +0.7%SBLK FY2023: -33.9%SBLK FY2024: +33.3%SBLK FY2025: -17.6%ZIM FY2020: +1.6%ZIM FY2020: +21.0%ZIM FY2021: +168.8%ZIM FY2022: +17.1%ZIM FY2023: -58.9%ZIM FY2024: +63.3%ZIM FY2025: -18.1%FY19FY20FY21FY22FY23FY24FY25
SBLK -17.6%ZIM -18.1%
Free cash flow
SBLK FY2018: -$159.6MSBLK FY2019: -$258.6MSBLK FY2020: $98.5MSBLK FY2021: $636.9MSBLK FY2022: $744.5MSBLK FY2023: $317.7MSBLK FY2024: $416.1MSBLK FY2025: $211.9MFY18FY19FY20FY21FY22FY23FY24FY25
SBLK $211.9MZIM

Fiscal years as each company reports them; the two may end in different months.

Questions about Star Bulk Carriers and ZIM Integrated Shipping Services

Which is bigger by revenue, Star Bulk Carriers or ZIM Integrated Shipping Services?

ZIM Integrated Shipping Services is bigger by revenue: $6.9B in fiscal 2025, against $1B for Star Bulk Carriers in fiscal 2025.

Which keeps more of its revenue as profit, Star Bulk Carriers or ZIM Integrated Shipping Services?

Star Bulk Carriers had a net margin of 8.1% in fiscal 2025; ZIM Integrated Shipping Services had 6.9% in fiscal 2025.

Which grew revenue faster, Star Bulk Carriers or ZIM Integrated Shipping Services?

In their latest fiscal years revenue changed by -17.6% at Star Bulk Carriers and -18.1% at ZIM Integrated Shipping Services.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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