StealthGas (GASS) Company Report

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Research analysts covering StealthGas.

Recent press releases and 8-K filings for GASS.

StealthGas Inc. Reports Strong Q3 2025 Financial Results and Achieves Debt-Free Status

GASS

Earnings

Share Buyback

StealthGas Inc. reported a 10% increase in net income to $13.3 million for the third quarter ended September 30, 2025, with basic earnings per share (EPS) of $0.36. Revenues for the quarter also increased by 10% to $44.5 million compared to the same period in the previous year.
For the nine months ended September 30, 2025, revenues grew to $133.8 million from $123.8 million in the prior year, though net income decreased to $47.9 million from $55.7 million, resulting in basic EPS of $1.30 compared to $1.52.
The company has repaid all debt obligations for its fully owned fleet, making $85.9 million in debt repayments during the first nine months of 2025 and a total of $350 million since December 2022, rendering its fully owned fleet unencumbered.
StealthGas Inc. has secured 85% of its fleet days for 2025 and 46% for 2026 on period charters, with total contracted revenues of approximately $130 million (excluding the JV vessel). The company maintained $69.7 million in cash and cash equivalents as of September 30, 2025.
The company continued its share repurchase program, spending $1.8 million in 2025, contributing to over $21.2 million in total repurchases since June 2023.

Nov 25, 2025, 9:30 PM

StealthGas Reports Q3 2025 Results, Achieves Debt-Free Status

GASS

Earnings

Share Buyback

StealthGas reported Q3 2025 revenues of $44.5 million, marking a 10% increase compared to Q3 2024, with adjusted earnings per share of $0.39.
The company achieved its strategic goal of deleveraging, becoming debt-free in Q3 2025 after repaying $86 million in debt during 2025 and a total of $350 million over the last three years.
As of September 30, 2025, StealthGas maintained strong liquidity with cash of $70 million and anticipates reaching $100 million by year-end.
The company has $130 million in contracted revenues and 57% of its fleet calendar days secured one year forward as of November 2025.

Nov 25, 2025, 3:00 PM

StealthGas Reports Q3 2025 Results, Achieves Debt-Free Status

GASS

Earnings

Share Buyback

Guidance Update

StealthGas reported Q3 2025 revenues of $44.5 million, a 10% increase year-over-year, with adjusted net income of $14.4 million and adjusted earnings per share of $0.39.
The company achieved its strategic goal of deleveraging, becoming debt-free for its fully-owned fleet in Q3 2025 after repaying $86 million in 2025 and $350 million over the last three years.
As of November 2025, StealthGas has $130 million in contracted revenues and 57% of its fleet calendar days secured one year forward. The company's cash position was $70 million as of September 30, 2025, and is expected to reach $100 million before year-end.
No shares were repurchased during Q3 2025, though $1.8 million was used for buybacks in Q1 and Q2 2025, contributing to a total of $21.2 million since the program's inception in 2023.

Nov 25, 2025, 3:00 PM

StealthGas Reports Q3 2025 Results, Achieves Debt-Free Status

GASS

Earnings

Share Buyback

StealthGas reported Q3 2025 revenues of $44.5 million, a 10% increase compared to Q3 2024, and an adjusted net income of $14.4 million, resulting in adjusted earnings per share of $0.39.
The company achieved its strategic objective of deleveraging in Q3 2025, becoming debt-free for its fully-owned fleet after repaying $86 million in 2025 and $350 million over the last three years.
As of September 30, 2025, StealthGas maintained strong liquidity with $70 million in cash, with expectations to reach $100 million before year-end, and shareholders' equity increased to $676.4 million.
StealthGas has $130 million in contracted revenues and 57% of its fleet calendar days one year forward secured as of November 2025.
The company did not buy back any shares during Q3 2025, but had repurchased $1.8 million in Q1 and Q2 2025, bringing the total to $21.2 million since the program began in 2023.

Nov 25, 2025, 3:00 PM

StealthGas Inc. Announces Q3 2025 Financial and Operating Results

GASS

Earnings

Share Buyback

StealthGas Inc. reported revenues of $44.5 million for Q3 2025, an increase from $40.4 million in Q3 2024, and Adjusted Net Income of $14.4 million.
The company achieved Adjusted EPS of $0.39 in Q3 2025 and $1.42 for the first nine months of 2025.
StealthGas Inc. has eliminated all bank debt, repaying $86 million during 2025 and approximately $350 million over the last three years, making the company debt-free as of Q3 2025.
The company has spent $1.8 million on share repurchases this year, contributing to a total of $21.2 million since 2023.
Over 57% of the fleet days for the next year are fixed, with total contracted revenues exceeding $130 million.

Nov 25, 2025, 3:00 PM

StealthGas Inc. Reports Increased Net Income and Reduced Debt in 2024

GASS

Earnings

Share Buyback

Debt Issuance

StealthGas Inc. reported a significant increase in net income to $69.9 million for the year ended December 31, 2024, up from $51.9 million in 2023, with revenues reaching $167.3 million in 2024 compared to $143.5 million in 2023.
The company substantially reduced its debt, with aggregate debt outstanding decreasing to $32.3 million as of April 15, 2025, down from $85.9 million at December 31, 2024, and 26 out of 28 vessels were debt-free as of April 1, 2025.
StealthGas Inc. increased its share repurchase program authorization to $30 million on February 26, 2025, having already repurchased 4,114,749 shares for $20.5 million as of April 1, 2025.