SHIPNasdaqDeep Sea Foreign Transportation of FreightFiscal year ends December 31
Seanergy Maritime Holdings Corp.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026
$15.34+0.06 (+0.39%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 15.2
- Dividend yield
- 2.15%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
27.4%+27.8 pts over 5 years
Net margin
13.4%+42.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.6% | +8.1% | +20.1% | +29.8% | |
| Operating income | -30.7% | +13.4% | – | – | |
| Net income | -51.1% | +7.2% | – | – | |
| EPS, diluted | -52.1% | +1.7% | – | – | |
| Free cash flow | +267.8% | – | – | – | |
| Dividend per share | -56.6% | -35.8% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -91.0% | -29.2% | 7.8% | |
| Return on assets | -10.5% | -6.4% | 3.7% | |
| Current ratio | 1.05 | 0.99 | 0.85 | |
| Debt to equity | 6.77 | – | 1.03 | |
| Interest coverage | -2.0× | -0.0× | 2.0× | |
| Inventory turnover | 0.4× | – | – | |
| Capex to revenue | 113.3% | 31.9% | 22.5% | |
| Diluted shares | 0M | 3M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Seanergy Maritime generated $277.25M from operations and spent $426.52M on capital expenditure, dividends and share buybacks. 88% of that went back into the business.
Generated
$277.25M
Used
$426.52M
Capital expenditure$374.09M88%Dividends$44.19M10%Share buybacks$8.24M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin13.4%
×Asset turnover0.27×
×Equity multiplier2.12×
=Return on equity, FY20257.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 13.4% | 0.27× | 2.12× | 7.8% |
| FY2024 | 26.0% | 0.33× | 2.09× | 17.7% |
| FY2023 | 2.1% | 0.22× | 2.20× | 1.0% |
| FY2022 | 13.8% | 0.25× | 2.15× | 7.4% |
| FY2021 | 27.0% | 0.39× | 2.30× | 24.3% |
| FY2020 | -29.0% | 0.22× | 4.60× | -29.2% |
| FY2019 | -13.5% | 0.31× | 10.75× | -45.7% |
| FY2018 | -23.0% | 0.34× | 8.68× | -67.3% |
| FY2017 | -4.3% | 0.28× | 7.39× | -9.0% |
| FY2016 | -68.4% | 0.15× | 8.63× | -91.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$21.24M
- Cash generatingOperating cash flow above zero$52.61M
- Return on assets improvedROA up on the prior year9.1% → 3.9%
- Earnings backed by cashOperating cash flow above net income$52.61M vs $21.24M
- Less leverageLong-term debt to assets fell40.3% → 38.8%
- Better liquidityCurrent ratio rose0.74 → 0.85
- No dilutionShare count did not rise20M → 21M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.35 → 0.29