Pyxis Tankers Inc. (PXS) Key Metrics
PXS valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $76.8M
- Enterprise value
- $93.4M
- P/E (TTM)
- 9.3 10-yr median 3.9
- Forward P/E
- 4.4
- PEG ratio
- —
- Price / sales
- 1.8 10-yr median 0.9
- Price / book
- 0.7 10-yr median 0.6
- EV / EBITDA
- 4.2 10-yr median 31.0
- Dividend yield
- —
- Beta
- −0.53
PXS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPXS valuation Price multiples at each fiscal year-end price.
PXS returns How much profit the business earns on the capital it uses.
PXS per-share figures Results divided by the shares outstanding at year-end.
PXS financial health Debt, liquidity and how easily interest is covered.
PXS efficiency & capital use Working capital cycle and where the cash goes.
PXS valuation history
PXS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PXS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PXS cash returned to shareholders
PXS price vs earnings per share
PXS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $29.3M | $41.4M | $52.5M | $60.9M | $18.5M | $21.1M | $24.1M | $20.8M | $59.4M | $47.5M |
| Enterprise value | $63.0M | $87.6M | $58.9M | $124.2M | $94.9M | $78.0M | $85.8M | $87.8M | $129.2M | $122.7M |
| P/E ratio | 14.7 | 3.2 | 1.4 | 4.5 | — | — | — | — | — | — |
| Price / sales | 0.8 | 0.8 | 1.2 | 1.0 | 0.7 | 1.0 | 0.9 | 0.7 | 2.0 | 1.5 |
| Price / book | 0.3 | 0.4 | 0.5 | 1.0 | 0.4 | 0.7 | 0.8 | 0.5 | 1.2 | 1.0 |
| Price / free cash flow | 2.3 | — | — | 12.9 | — | — | 4.7 | — | 16.2 | 10.7 |
| Price / operating cash flow | 2.2 | 2.2 | 2.4 | 7.4 | — | — | 4.3 | — | 16.2 | 10.7 |
| EV / sales | 1.6 | 1.7 | 1.3 | 2.1 | 3.7 | 3.6 | 3.1 | 3.1 | 4.3 | 4.0 |
| EV / EBITDA | 4.5 | 3.4 | 1.2 | 5.2 | — | 36.2 | 31.0 | 65.8 | 40.1 | 47.2 |
| EV / free cash flow | 4.9 | — | — | 26.3 | — | — | 16.7 | — | 35.1 | 27.6 |
| Earnings yield | 6.8% | 31.1% | 70.6% | 22.0% | −84.3% | −54.7% | −58.6% | −39.4% | −8.8% | −12.2% |
| Free cash flow yield | 44.1% | −63.6% | −20.1% | 7.7% | −238.0% | −64.5% | 21.4% | −11.0% | 6.2% | 9.4% |
| Dividend yield | 0.0% | 19.5% | 1.5% | 1.4% | 2.9% | 0.3% | 0.3% | 0.3% | 0.1% | — |
| Shareholder yield (dividends + buybacks) | 1.6% | 23.1% | 3.9% | 1.4% | 2.9% | 20.5% | 0.3% | 0.3% | 0.1% | 0.0% |
| Share price at fiscal year-end | $2.81 | $3.93 | $4.17 | $4.82 | $1.92 | $3.32 | $4.53 | $3.99 | $12.88 | $10.40 |
| Per share | ||||||||||
| Revenue per share | $3.74 | $4.90 | $3.61 | $4.62 | $2.63 | $3.42 | $5.22 | $5.45 | $6.46 | $6.72 |
| Earnings per share | $0.19 | $1.22 | $2.94 | $1.06 | −$1.62 | −$1.82 | −$2.66 | −$1.57 | −$1.14 | −$1.27 |
| Operating cash flow per share | $1.31 | $1.79 | $1.70 | $0.65 | −$0.09 | −$2.05 | $1.07 | −$0.42 | $0.80 | $0.97 |
| Free cash flow per share | $1.24 | −$2.50 | −$0.84 | $0.37 | −$4.57 | −$2.14 | $0.97 | −$0.44 | $0.80 | $0.97 |
| Cash per share | $5.14 | $3.63 | $4.33 | $0.60 | $0.64 | $0.26 | $0.27 | $0.10 | $0.37 | $0.17 |
| Book value per share | $9.13 | $8.87 | $7.67 | $4.86 | $5.06 | $4.66 | $6.02 | $7.65 | $10.43 | $10.67 |
| Tangible book value per share | $9.13 | $8.87 | $7.67 | $4.86 | $5.06 | $4.66 | $6.02 | $7.65 | $10.43 | $10.67 |
| Dividends per share | $0.00 | $0.77 | $0.06 | $0.07 | $0.06 | $0.01 | $0.01 | $0.01 | $0.01 | — |
| Capex per share | $0.07 | $4.29 | $2.54 | $0.28 | $4.48 | $0.09 | $0.10 | $0.02 | $0.02 | $0.02 |
| Debt per share | $8.37 | $8.03 | $4.84 | $5.61 | $8.56 | $9.23 | $11.90 | $12.91 | $15.48 | $16.62 |
| Shares outstanding | 10.4M | 10.5M | 12.6M | 12.6M | 9.6M | 6.3M | 5.3M | 5.2M | 4.6M | 4.6M |
| Change in shares outstanding | −1.0% | −16.4% | −0.4% | +31.0% | +52.0% | +19.5% | +1.7% | +13.2% | +1.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 2.1% | 13.6% | 46.9% | 24.3% | −39.8% | −37.5% | −39.2% | −18.6% | −10.8% | −11.3% |
| Return on invested capital (ROIC) | 3.5% | 10.9% | 36.8% | 13.9% | −6.4% | −2.0% | 0.2% | −5.6% | −1.5% | −1.8% |
| Return on assets (ROA) | 1.0% | 7.2% | 24.3% | 9.5% | −13.3% | −11.4% | −12.5% | −6.8% | −4.1% | −4.3% |
| Return on tangible assets | 1.0% | 6.8% | 22.3% | 9.6% | −11.0% | −12.4% | −13.0% | −7.0% | −4.2% | −4.4% |
| Free cash flow margin | 33.1% | −51.1% | −23.2% | 8.1% | −174.0% | −62.6% | 18.5% | −8.1% | 12.3% | 14.5% |
| Income quality (OCF / net income) | 6.82 | 1.46 | 0.58 | 0.62 | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $87.2M | $84.5M | $61.0M | $70.9M | $82.6M | $58.6M | $63.2M | $67.5M | $71.4M | $75.9M |
| Cash & short-term investments | $53.6M | $38.2M | $54.5M | $7.6M | $6.2M | $1.6M | $1.4M | $545,000 | $1.7M | $783,000 |
| Net debt | $33.7M | $46.3M | $6.4M | $63.3M | $76.4M | $57.0M | $61.8M | $66.9M | $69.7M | $75.1M |
| Debt / equity | 0.92 | 0.91 | 0.63 | 1.15 | 1.69 | 1.98 | 1.98 | 1.69 | 1.48 | 1.56 |
| Debt / assets | 0.45 | 0.45 | 0.37 | 0.51 | 0.58 | 0.63 | 0.58 | 0.58 | 0.57 | 0.58 |
| Net debt / EBITDA | 2.39 | 1.80 | 0.13 | 2.65 | — | 26.45 | 22.34 | 50.16 | 21.65 | 28.89 |
| Current ratio | 4.45 | 3.76 | 6.04 | 1.68 | 0.84 | 0.65 | 0.76 | 0.32 | 0.31 | 0.33 |
| Quick ratio | 4.40 | 3.61 | 5.94 | 1.53 | 0.77 | 0.57 | 0.74 | 0.26 | 0.23 | 0.23 |
| Interest coverage | 1.0 | 2.7 | 7.2 | 3.9 | -2.6 | -0.5 | 0.0 | -1.8 | -0.9 | -1.1 |
| Working capital | $43.9M | $33.9M | $50.8M | $8.6M | −$3.7M | −$2.9M | −$5.3M | −$9.2M | −$8.6M | −$8.7M |
| Invested capital | $128.9M | $139.7M | $103.0M | $124.7M | $125.2M | $86.5M | $93.8M | $106.9M | $117.9M | $123.9M |
| Tangible asset value | $101.4M | $99.7M | $100.9M | $61.4M | $48.9M | $29.6M | $32.0M | $39.9M | $48.2M | $48.8M |
| Net current asset value | −$35.4M | −$43.1M | −$4.6M | −$56.5M | −$74.6M | −$58.2M | −$59.5M | −$72.4M | −$72.8M | −$77.8M |
| Graham number | $6.27 | $15.62 | $22.54 | $10.76 | — | — | — | — | — | — |
| Graham net-net per share | −$3.52 | −$4.38 | −$0.52 | −$4.81 | −$8.86 | −$9.36 | −$13.96 | −$14.13 | −$16.02 | −$17.37 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $8.1M | $797,000 | $871,000 | $537,000 | $69,000 | $69,000 | $69,000 | $69,000 | — |
| Share buybacks (net) | $472,000 | $1.5M | $1.2M | $1,000 | $0 | $4.3M | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 0.0% | 62.8% | 2.2% | 6.5% | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 3.7% | — | — | 18.5% | — | — | 1.3% | — | 1.9% | 0.0% |
| Capex / revenue | 1.8% | 87.6% | 70.4% | 6.1% | 170.5% | 2.6% | 1.9% | 0.3% | 0.3% | 0.3% |
| Capex / operating cash flow | 5.1% | 239.6% | 149.3% | 43.0% | — | — | 9.1% | — | 2.7% | 2.2% |
| Capex / depreciation | 0.09 | 6.54 | 5.82 | 0.58 | 8.82 | 0.13 | 0.10 | 0.02 | 0.02 | 0.02 |
| Stock-based compensation / revenue | — | 0.1% | 0.4% | — | — | — | 0.0% | — | 1.2% | — |
| SG&A / revenue | 15.6% | 9.1% | 10.9% | 4.3% | 10.0% | 11.0% | 8.7% | 14.2% | 16.2% | 13.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 34.1 | 37.0 | 65.2 | 40.0 | 33.8 | 35.4 | 25.2 | 21.1 | 14.6 | 12.7 |
| Days of inventory on hand | 17.6 | 22.3 | 28.5 | 17.7 | 15.2 | 11.0 | 10.3 | 13.6 | 18.6 | 16.6 |
| Days payables outstanding | 26.2 | 29.8 | 42.7 | 28.9 | 45.6 | 76.3 | 73.0 | 52.5 | 46.0 | 39.5 |
| Cash conversion cycle (days) | 25.6 | 29.5 | 50.9 | 28.8 | 3.4 | -29.9 | -37.6 | -17.8 | -12.8 | -10.2 |
| Receivables turnover | 10.70 | 9.87 | 5.60 | 9.12 | 10.81 | 10.30 | 14.50 | 17.31 | 25.02 | 28.75 |
| Payables turnover | 13.95 | 12.24 | 8.54 | 12.64 | 8.01 | 4.78 | 5.00 | 6.96 | 7.94 | 9.24 |
| Inventory turnover | 20.71 | 16.36 | 12.81 | 20.67 | 23.97 | 33.11 | 35.47 | 26.86 | 19.62 | 21.98 |
| Asset turnover | 0.20 | 0.29 | 0.30 | 0.41 | 0.21 | 0.22 | 0.25 | 0.24 | 0.23 | 0.23 |
| Average receivables | $3.6M | $5.2M | $8.1M | $6.4M | $2.3M | $2.1M | $1.9M | $1.6M | $1.2M | $1.1M |
| Average payables | $1.8M | $1.9M | $2.1M | $2.8M | $3.4M | $4.1M | $4.6M | $3.5M | $2.7M | $2.1M |
| Average inventory | $1.2M | $1.4M | $1.4M | $1.7M | $1.1M | $591,000 | $654,000 | $911,500 | $1.1M | $886,500 |
| 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 PXS's annual financial statements (latest annual report filed April 1, 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.
PXS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Pyxis Tankers traded at 14.7 times earnings, against a 10-year median of 3.9. Based on the latest twelve months, the trailing P/E is 9.3 and the forward P/E is 4.4. Pyxis Tankers earned a return on equity of 2.1% and a return on invested capital of 3.5% in fiscal 2025. It ended the year with $87.2 million of debt and $53.6 million in cash and short-term investments, net debt of $33.7 million. It returned $0.5 million to shareholders: $0 in dividends and $0.5 million in share buybacks, 4% of free cash flow. The share count rose 128.1% from 4.6M to 10.4M over 9 years.
See the PXS income statement, the PXS chart for price history, or the PXS stock overview for the latest quote and news.
PXS key metrics FAQ
What is Pyxis Tankers's P/E ratio?
Pyxis Tankers's trailing P/E ratio is 9.3 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 4.4. At the end of fiscal 2025 it was 14.7, compared with a 10-year median of 3.9.
What is Pyxis Tankers's EV/EBITDA?
Pyxis Tankers's enterprise value was 4.5 times EBITDA at the end of fiscal 2025 (enterprise value $63.0 million, EBITDA $14.1 million); the current EV/EBITDA is 4.2.
What is Pyxis Tankers's return on equity?
Pyxis Tankers's return on equity (ROE) was 2.1% in fiscal 2025: net income of $2.0 million on average shareholders' equity of $94.3 million.
What is Pyxis Tankers's ROIC?
Pyxis Tankers's return on invested capital was 3.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Pyxis Tankers have?
Pyxis Tankers had total debt of $87.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.92 and $33.7 million of net debt (2.39 times EBITDA).
Does Pyxis Tankers pay a dividend?
Pyxis Tankers did not pay a dividend in fiscal 2025.
Does Pyxis Tankers buy back its shares?
Yes. Pyxis Tankers spent $0.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.0% over the year, to 10.4M..
What is Pyxis Tankers's free cash flow yield?
Pyxis Tankers generated $12.9 million of free cash flow in fiscal 2025, a free cash flow yield of 44.1% on its market value at year-end ($29.3 million).
What is Pyxis Tankers's current ratio?
Pyxis Tankers's current ratio was 4.45 at the end of fiscal 2025: current assets were 4.45 times current liabilities.