Stealthgas vs Nextboat
Stealthgas is the larger business, with $173m of revenue in fiscal 2025 against $120m for Nextboat (1.4 times as much). Nextboat grew faster (21.1% against 3.5%). Stealthgas kept more of each dollar of sales as profit: a net margin of 35.0% against -1.6%. Stealthgas carries less debt relative to equity (0.0% against 214.7%).
| Latest fiscal year | StealthgasGASS, 2025 | NextboatNXB, 2025 |
|---|---|---|
| Revenue | $173m | $120m |
| Revenue growth | 3.5% | 21.1% |
| Net income | $60.6m | −$1.9m |
| Operating margin | 31.8% | 0.4% |
| Net margin | 35.0% | -1.6% |
| Return on equity | 9.2% | -29.2% |
| Free cash flow | $84.8m | −$1.3m |
| Cash | $99.1m | $12.4m |
| Total debt | $0 | $25.4m |
| Debt to equity | 0.0% | 214.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.8m | — |
| Employees | — | 40 |
| Market value | $322m | $37.3m |
| Price vs our value range | Below our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 2 sales | 16 buys, 5 sales |