StealthGas operates a fleet of 29 LPG carriers, including one joint venture vessel, with total capacity of 339,134 cubic meters. About 48% of fleet days for the remainder of 2026 are secured on period charters, with total fleet employment days generating about $104 million. The company maintains a strong balance sheet with net debt-free status and continues to benefit from growing LPG trade fundamentals despite geopolitical volatility.
Cyborg Score Rationale
The company demonstrated high profitability with $60.6 million net income in 2025, representing the fourth consecutive year of strong earnings. Market leadership in the specialized 3,000-8,000cbm LPG carrier segment provides competitive moat. Some headwinds from vessel damage (Eco Wizard incident) and Q4 revenue decline of 9% temper the outlook.
Top Insights
2025 marked the fourth consecutive year of strong profitability with $60.6 million net income
Q4 2025 revenues of $39.4 million declined 9% year-over-year despite vessel availability challenges
LPG trade showed resilience in face of geopolitical tensions, driven primarily by US exports with robust medium-term fundamentals
Dominant position as world's largest owner in strategic 3,000-8,000cbm segment provides competitive differentiation
Named Competitors
LPG Carriers — Belgian LPG and ammonia shipping company