StealthGas Inc. (NASDAQ:GASS) is a company that owns and operates a fleet of ships. These ships are primarily used for transporting liquefied petroleum gas (LPG) across the sea. The company earns revenue by chartering, or renting out, its vessels to various customers in the energy sector.
On June 5, 2026, StealthGas Inc. reported its financial results, which were better than market analysts expected. The company announced revenues of $42.84 million, surpassing the consensus estimate of $40.40 million. As highlighted by MarketBeat, this revenue figure also marks a 2% increase from the same quarter in the previous year.
The company's profitability also exceeded expectations. StealthGas Inc. posted an adjusted earnings per share (EPS) of $0.40, beating the analyst forecast of $0.38. This was based on an adjusted net income of $15.00 million. As reported by GlobeNewswire, the company's net income of $15.90 million shows a 24% increase from the prior quarter.
This strong performance is supported by a solid financial foundation. The company has successfully repaid $350 million in debt over the last three years, resulting in a nearly debt-free balance sheet. This is reflected in its very low debt-to-equity ratio of 0.0001, a metric that compares a company's debt to its shareholder equity.
StealthGas Inc. also shows strong liquidity with a current ratio of 8.91, which measures its ability to pay short-term obligations. From a valuation standpoint, the company has a price-to-earnings (P/E) ratio of 5.61. This ratio is often used by investors to see how the market values a company's earnings.
