undamentalytics Newsletter

Castor Maritime vs Performance Shipping

Castor Maritime and Performance Shipping are similar in size: $81.8m and $84.2m of revenue in their latest fiscal years. Castor Maritime grew faster (23.5% against -3.7%). Performance Shipping kept more of each dollar of sales as profit: a net margin of 59.4% against 23.6%. Castor Maritime carries less debt relative to equity (2.3% against 70.7%).

Latest fiscal yearCastor MaritimeCTRM, 2025Performance ShippingPSHG, 2025
Revenue $81.8m $84.2m
Revenue growth 23.5% -3.7%
Net income $19.3m $50.0m
Operating margin -22.5% 61.7%
Net margin 23.6% 59.4%
Return on equity 3.8% 16.7%
Free cash flow $9.9m −$204m
Cash $152m $48.2m
Total debt $12.0m $229m
Debt to equity 2.3% 70.7%
Dividend per share — —
Dividend yield — 9.6%
Share buybacks — $0
Employees — —
Market value $13.8m $22.8m
Price vs our value range Below our value range —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.