StealthGas Inc. (GASS) Key Metrics
GASS valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $322.5M
- Enterprise value
- $170.4M
- P/E (TTM)
- 5.4 10-yr median 4.4
- Forward P/E
- 6.8
- PEG ratio
- 0.85
- Price / sales
- 1.9 10-yr median 0.8
- Price / book
- 0.5 10-yr median 0.2
- EV / EBITDA
- 2.2 10-yr median 6.6
- Dividend yield
- —
- Beta
- 0.25
GASS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGASS valuation Price multiples at each fiscal year-end price.
GASS returns How much profit the business earns on the capital it uses.
GASS per-share figures Results divided by the shares outstanding at year-end.
GASS financial health Debt, liquidity and how easily interest is covered.
GASS efficiency & capital use Working capital cycle and where the cash goes.
GASS valuation history
GASS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GASS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GASS cash returned to shareholders
GASS price vs earnings per share
GASS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $251.9M | $199.6M | $240.6M | $101.7M | $79.9M | $78.6M | $119.0M | $95.9M | $151.3M | $117.4M |
| Enterprise value | $152.9M | $203.9M | $287.0M | $296.6M | $342.5M | $392.1M | $417.0M | $444.7M | $484.5M | $450.2M |
| P/E ratio | 4.2 | 2.9 | 4.6 | 3.0 | — | 6.6 | 56.9 | — | — | — |
| Price / sales | 1.5 | 1.2 | 1.7 | 0.7 | 0.5 | 0.5 | 0.8 | 0.6 | 1.0 | 0.8 |
| Price / book | 0.4 | 0.3 | 0.4 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 |
| Price / free cash flow | 3.0 | — | 3.1 | 2.4 | 5.1 | 19.7 | 4.3 | — | — | — |
| Price / operating cash flow | 3.0 | 1.9 | 3.1 | 1.5 | 1.9 | 1.5 | 3.9 | 2.5 | 2.9 | 3.2 |
| EV / sales | 0.9 | 1.2 | 2.0 | 1.9 | 2.3 | 2.7 | 2.9 | 2.7 | 3.1 | 3.1 |
| EV / EBITDA | 1.8 | 2.4 | 3.9 | 4.7 | 53.1 | 6.4 | 6.7 | 8.5 | 8.9 | 9.9 |
| EV / free cash flow | 1.8 | — | 3.7 | 7.0 | 21.7 | 98.2 | 15.0 | — | — | — |
| Earnings yield | 24.1% | 35.0% | 21.6% | 33.7% | −44.0% | 15.2% | 1.8% | −12.8% | −0.8% | −6.6% |
| Free cash flow yield | 33.7% | −1.3% | 32.2% | 41.6% | 19.8% | 5.1% | 23.4% | −73.5% | −5.5% | −17.1% |
| Dividend yield | — | — | 0.0% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.7% | 0.2% | 7.9% | 0.6% | 0.0% | 4.9% | 1.5% | 0.0% | 0.0% | 1.8% |
| Share price at fiscal year-end | $7.02 | $5.65 | $6.46 | $2.68 | $2.11 | $2.05 | $2.99 | $2.41 | $3.80 | $2.95 |
| Per share | ||||||||||
| Revenue per share | $4.83 | $4.73 | $3.85 | $4.02 | $3.97 | $3.78 | $3.62 | $4.12 | $3.88 | $3.62 |
| Earnings per share | $1.69 | $1.98 | $1.39 | $0.90 | −$0.93 | $0.31 | $0.05 | −$0.31 | −$0.03 | −$0.20 |
| Operating cash flow per share | $2.37 | $2.93 | $2.08 | $1.75 | $1.08 | $1.36 | $0.77 | $0.95 | $1.32 | $0.91 |
| Free cash flow per share | $2.36 | −$0.08 | $2.08 | $1.12 | $0.42 | $0.10 | $0.70 | −$1.77 | −$0.21 | −$0.50 |
| Cash per share | $2.76 | $2.28 | $2.07 | $2.17 | $0.83 | $1.00 | $1.72 | $1.62 | $1.30 | $1.63 |
| Book value per share | $19.24 | $17.73 | $14.76 | $13.64 | $12.54 | $14.72 | $14.05 | $14.08 | $14.41 | $14.41 |
| Tangible book value per share | $19.24 | $17.73 | $14.76 | $13.64 | $12.54 | $14.72 | $14.05 | $14.08 | $14.41 | $14.41 |
| Dividends per share | — | — | $0.00 | — | — | — | — | — | — | — |
| Capex per share | $0.01 | $3.00 | $0.00 | $0.64 | $0.67 | $1.25 | $0.08 | $2.72 | $1.52 | $1.41 |
| Debt per share | $0.00 | $2.40 | $3.32 | $7.30 | $7.76 | $9.17 | $9.21 | $10.37 | $9.67 | $9.99 |
| Shares outstanding | 35.9M | 35.3M | 37.2M | 38.0M | 37.9M | 38.4M | 39.8M | 39.9M | 39.8M | 39.8M |
| Change in shares outstanding | +1.6% | −5.1% | −1.9% | +0.3% | −1.3% | −3.6% | −0.2% | +0.1% | −0.0% | −3.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.2% | 11.9% | 9.7% | 6.9% | −6.8% | 2.1% | 0.4% | −2.2% | −0.2% | −1.3% |
| Return on invested capital (ROIC) | 7.1% | 9.8% | 3.4% | 5.0% | 1.4% | 1.6% | 2.6% | 1.9% | 1.9% | 1.1% |
| Return on assets (ROA) | 8.4% | 9.8% | 6.8% | 4.2% | −4.0% | 1.3% | 0.2% | −1.2% | −0.1% | −0.8% |
| Return on tangible assets | 8.5% | 9.5% | 7.4% | 4.2% | −4.4% | 1.3% | 0.2% | −1.2% | −0.1% | −0.8% |
| Free cash flow margin | 49.0% | −1.6% | 53.9% | 27.7% | 10.5% | 2.8% | 19.3% | −42.9% | −5.4% | −13.9% |
| Income quality (OCF / net income) | 1.40 | 1.48 | 1.49 | 1.94 | — | 4.35 | 14.72 | — | — | — |
| Financial health | ||||||||||
| Total debt | $104,801 | $84.9M | $123.6M | $277.1M | $293.9M | $351.8M | $366.5M | $413.2M | $384.9M | $397.9M |
| Cash & short-term investments | $99.1M | $80.7M | $77.2M | $82.3M | $31.3M | $38.2M | $68.5M | $64.5M | $51.8M | $65.0M |
| Net debt | −$99.0M | $4.2M | $46.4M | $194.8M | $262.6M | $313.6M | $298.0M | $348.7M | $333.2M | $332.9M |
| Debt / equity | 0.00 | 0.14 | 0.22 | 0.54 | 0.62 | 0.62 | 0.66 | 0.74 | 0.67 | 0.69 |
| Debt / assets | 0.00 | 0.12 | 0.18 | 0.34 | 0.37 | 0.37 | 0.38 | 0.40 | 0.39 | 0.40 |
| Net debt / EBITDA | −1.19 | 0.05 | 0.63 | 3.07 | 40.75 | 5.11 | 4.82 | 6.67 | 6.13 | 7.31 |
| Current ratio | 9.30 | 2.10 | 3.12 | 1.85 | 0.88 | 0.76 | 1.17 | 1.34 | 0.80 | 0.94 |
| Quick ratio | 9.21 | 2.01 | 3.07 | 1.80 | 0.83 | 0.70 | 1.14 | 1.32 | 0.76 | 0.91 |
| Interest coverage | 24.6 | 6.6 | 4.1 | 3.0 | 1.1 | 2.0 | 1.1 | 0.9 | 1.3 | 0.9 |
| Working capital | $175.4M | $48.1M | $82.2M | $48.2M | −$7.0M | −$15.0M | $11.5M | $35.4M | −$15.9M | −$4.9M |
| Invested capital | $591.4M | $630.8M | $596.1M | $712.8M | $737.4M | $878.2M | $857.2M | $910.0M | $906.6M | $906.9M |
| Tangible asset value | $690.3M | $626.5M | $549.7M | $517.9M | $474.8M | $564.6M | $559.2M | $561.3M | $573.5M | $574.0M |
| Net current asset value | $175.2M | −$13.6M | −$26.7M | −$198.9M | −$272.2M | −$331.4M | −$316.3M | −$336.6M | −$359.9M | −$351.5M |
| Graham number | $27.05 | $28.09 | $21.52 | $16.64 | — | $10.17 | $4.08 | — | — | — |
| Graham net-net per share | $3.64 | −$0.52 | −$1.77 | −$5.70 | −$7.65 | −$8.77 | −$8.07 | −$10.23 | −$9.21 | −$9.00 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $215 | — | — | — | — | — | — | — |
| Share buybacks (net) | $1.8M | $338,000 | $19.1M | $638,975 | $0 | $3.9M | $1.8M | $0 | $0 | $2.1M |
| Dividend payout ratio | — | — | 0.0% | — | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 2.1% | — | 24.7% | 1.5% | 0.0% | 97.2% | 6.6% | — | — | — |
| Capex / revenue | 0.2% | 63.5% | 0.1% | 15.9% | 16.8% | 33.2% | 2.1% | 65.9% | 39.3% | 39.0% |
| Capex / operating cash flow | 0.5% | 102.6% | 0.1% | 36.4% | 61.5% | 92.3% | 9.7% | 286.4% | 115.8% | 155.5% |
| Capex / depreciation | 0.02 | 4.06 | 0.00 | 0.87 | 0.68 | 1.27 | 0.08 | 2.62 | 1.56 | 1.44 |
| Stock-based compensation / revenue | 2.9% | 4.4% | 1.8% | 0.4% | 0.4% | 0.1% | 0.4% | 0.2% | 0.1% | 0.2% |
| SG&A / revenue | 4.8% | 8.7% | 6.9% | 5.7% | 6.8% | 5.4% | 6.5% | 6.1% | 6.5% | 7.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 79.7 | 11.8 | 11.9 | 8.4 | 7.3 | 10.4 | 9.4 | 7.5 | 9.3 | 11.3 |
| Days of inventory on hand | 10.0 | 11.5 | 9.9 | 13.3 | 13.2 | 15.7 | 11.8 | 10.3 | 12.4 | 12.8 |
| Days payables outstanding | 36.2 | 41.2 | 42.9 | 46.6 | 38.1 | 48.6 | 47.8 | 41.9 | 42.7 | 38.0 |
| Cash conversion cycle (days) | 53.6 | -17.9 | -21.1 | -24.8 | -17.6 | -22.6 | -26.6 | -24.1 | -21.0 | -14.0 |
| Receivables turnover | 4.58 | 31.05 | 30.62 | 43.30 | 50.34 | 35.13 | 38.88 | 48.63 | 39.05 | 32.42 |
| Payables turnover | 10.09 | 8.87 | 8.51 | 7.84 | 9.59 | 7.50 | 7.63 | 8.71 | 8.54 | 9.60 |
| Inventory turnover | 36.37 | 31.64 | 36.75 | 27.44 | 27.56 | 23.25 | 30.84 | 35.58 | 29.50 | 28.60 |
| Asset turnover | 0.24 | 0.23 | 0.19 | 0.19 | 0.17 | 0.15 | 0.14 | 0.16 | 0.15 | 0.14 |
| Average receivables | $37.8M | $5.4M | $4.7M | $3.5M | $3.0M | $4.1M | $3.7M | $3.4M | $4.0M | $4.4M |
| Average payables | $10.4M | $10.5M | $10.9M | $10.2M | $9.3M | $9.5M | $9.7M | $10.4M | $9.6M | $8.5M |
| Average inventory | $2.9M | $2.9M | $2.5M | $2.9M | $3.2M | $3.1M | $2.4M | $2.6M | $2.8M | $2.9M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from GASS's annual financial statements (latest annual report filed April 28, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GASS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), StealthGas traded at 4.2 times earnings, against a 10-year median of 4.4. Based on the latest twelve months, the trailing P/E is 5.4 and the forward P/E is 6.8. StealthGas earned a return on equity of 9.2% and a return on invested capital of 7.1% in fiscal 2025. It ended the year with $0.1 million of debt and $99.1 million in cash and short-term investments, a net cash position of $99.0 million. It returned $1.8 million to shareholders: $0 in dividends and $1.8 million in share buybacks, 2% of free cash flow. The share count fell 9.9% from 39.8M to 35.9M over 9 years.
See the GASS income statement, the GASS chart for price history, or the GASS stock overview for the latest quote and news.
GASS key metrics FAQ
What is StealthGas's P/E ratio?
StealthGas's trailing P/E ratio is 5.4 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 6.8. At the end of fiscal 2025 it was 4.2, compared with a 10-year median of 4.4.
What is StealthGas's EV/EBITDA?
StealthGas's enterprise value was 1.8 times EBITDA at the end of fiscal 2025 (enterprise value $152.9 million, EBITDA $83.1 million); the current EV/EBITDA is 2.2.
What is StealthGas's return on equity?
StealthGas's return on equity (ROE) was 9.2% in fiscal 2025: net income of $60.6 million on average shareholders' equity of $658.4 million.
What is StealthGas's ROIC?
StealthGas's return on invested capital was 7.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does StealthGas have?
StealthGas had total debt of $0.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
Does StealthGas buy back its shares?
Yes. StealthGas spent $1.8 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 35.9M..
What is StealthGas's free cash flow yield?
StealthGas generated $84.8 million of free cash flow in fiscal 2025, a free cash flow yield of 33.7% on its market value at year-end ($251.9 million).
What is StealthGas's current ratio?
StealthGas's current ratio was 9.30 at the end of fiscal 2025: current assets were 9.30 times current liabilities.