Tearsheet

StealthGas (GASS)


Market Price (11/18/2025): $6.89 | Market Cap: $246.7 Mil
Sector: Industrials | Industry: Marine Transportation

StealthGas (GASS)


Market Price (11/18/2025): $6.89
Market Cap: $246.7 Mil
Sector: Industrials
Industry: Marine Transportation

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 20%, FCF Yield is 32%
Weak multi-year price returns
2Y Excs Rtn is -26%
 
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
  
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 14%
  
3 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 34%
  
4 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46%
  
5 Low stock price volatility
Vol 12M is 34%
  
6 Megatrend and thematic drivers
Megatrends include Future of Freight, Energy Transition & Decarbonization, and Hydrogen Economy. Themes include Freight Technology, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 20%, FCF Yield is 32%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 14%
3 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 34%
4 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46%
5 Low stock price volatility
Vol 12M is 34%
6 Megatrend and thematic drivers
Megatrends include Future of Freight, Energy Transition & Decarbonization, and Hydrogen Economy. Themes include Freight Technology, Show more.
7 Weak multi-year price returns
2Y Excs Rtn is -26%

Market Valuation & Key Metrics

GASS Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for why StealthGas (GASS) stock moved by 3.8% between July 31, 2025, and November 18, 2025: 1. Stellar Second Quarter 2025 Financial Performance: StealthGas reported robust financial results for the second quarter of 2025, released on August 25, 2025, which significantly surpassed analyst expectations. The company achieved record-high quarterly revenues of $47.2 million, marking a 13% increase year-over-year, and an adjusted net income that rose 35% from the previous quarter. Earnings per share (EPS) were reported at $0.59, considerably higher than the forecasted $0.34. This strong performance led to an immediate 6.35% increase in the stock price in pre-market trading following the announcement.

2. Achievement of Debt-Free Status: As of July 2025, StealthGas successfully completed its deleveraging strategy by repaying $85.8 million in debt during 2025, resulting in its entire owned fleet becoming debt-free. This significant improvement in financial stability was a major highlight in the Q2 2025 earnings report.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
GASS Return-31%3%27%141%-13%22%131%
Peers Return0%53%7%10%117%9%324%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
GASS Win Rate50%42%58%75%42%60% 
Peers Win Rate28%37%42%43%42%56% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
GASS Max Drawdown-50%0%-8%-5%-25%-12% 
Peers Max Drawdown-34%-1%-10%-17%-18%-31% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: GSL, GNK, PANL, CMDB, HTCO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventGASSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-41.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven70.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven329 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-50.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven102.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven806 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-41.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven69.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1269 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-86.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven616.9%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1480 days

Compare to GSL, GNK, PANL, CMDB, HTCO


In The Past

StealthGas's stock fell -41.3% during the 2022 Inflation Shock from a high on 6/15/2022. A -41.3% loss requires a 70.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About StealthGas (GASS)

Better Bets than StealthGas (GASS)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to GASS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_10312025_Dip_Buyer_FCFYield10312025GEOGEODip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-10.3%-10.3%-14.1%
RUN_10312025_Short_Squeeze10312025RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-10.2%-10.2%-17.5%
PLPC_10312025_Quality_Momentum_RoomToRun_10%10312025PLPCPreformed Line ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-3.4%-3.4%-4.8%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper10172025VRSKVerisk AnalyticsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.1%-7.1%-10.5%
CARR_10102025_Dip_Buyer_ValueBuy10102025CARRCarrier GlobalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.2%-4.2%-4.2%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_10312025_Dip_Buyer_FCFYield10312025GEOGEODip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-10.3%-10.3%-14.1%
RUN_10312025_Short_Squeeze10312025RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-10.2%-10.2%-17.5%
PLPC_10312025_Quality_Momentum_RoomToRun_10%10312025PLPCPreformed Line ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-3.4%-3.4%-4.8%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper10172025VRSKVerisk AnalyticsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.1%-7.1%-10.5%
CARR_10102025_Dip_Buyer_ValueBuy10102025CARRCarrier GlobalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.2%-4.2%-4.2%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for StealthGas

Financials

GASSGSLGNKPANLCMDBHTCOMedian
NameStealthG.Global S.Genco Sh.Pangaea .Costamar.High-Tre. 
Mkt Price6.9034.7117.596.6513.8810.7012.29
Mkt Cap0.21.20.80.4--0.6
Rev LTM173730331580--456
Op Inc LTM59381436--48
FCF LTM80141-23-4--38
FCF 3Y Avg472433326--40
CFO LTM904464658--74
CFO 3Y Avg914089065--90

Growth & Margins

GASSGSLGNKPANLCMDBHTCOMedian
NameStealthG.Global S.Genco Sh.Pangaea .Costamar.High-Tre. 
Rev Chg LTM13.8%4.0%-24.6%15.1%--8.9%
Rev Chg 3Y Avg5.4%11.2%-15.6%-9.1%---1.8%
Rev Chg Q13.0%8.7%-19.5%19.2%--10.9%
QoQ Delta Rev Chg LTM3.2%2.1%-5.5%4.5%--2.7%
Op Mgn LTM34.2%52.2%1.2%6.3%--20.2%
Op Mgn 3Y Avg31.0%53.0%10.6%9.3%--20.8%
QoQ Delta Op Mgn LTM1.1%-0.2%-5.1%-1.0%---0.6%
CFO/Rev LTM51.7%61.1%13.9%10.0%--32.8%
CFO/Rev 3Y Avg57.1%59.1%22.4%12.0%--39.7%
FCF/Rev LTM46.1%19.4%-7.0%-0.7%--9.3%
FCF/Rev 3Y Avg28.9%35.5%7.6%5.1%--18.2%

Valuation

GASSGSLGNKPANLCMDBHTCOMedian
NameStealthG.Global S.Genco Sh.Pangaea .Costamar.High-Tre. 
Mkt Cap0.21.20.80.4--0.6
P/S1.41.72.30.7--1.6
P/EBIT3.82.9204.712.4--8.1
P/E4.13.1-107.648.3--3.6
P/CFO2.82.816.67.4--5.1
Total Yield24.6%37.2%4.8%6.6%--15.6%
Dividend Yield0.0%5.4%5.7%4.5%--5.0%
FCF Yield 3Y Avg24.1%27.8%5.1%7.9%--16.0%
D/E0.10.60.20.3--0.3
Net D/E-0.20.30.10.2--0.1

Returns

GASSGSLGNKPANLCMDBHTCOMedian
NameStealthG.Global S.Genco Sh.Pangaea .Costamar.High-Tre. 
1M Rtn8.8%22.0%9.4%38.3%7.7%39.5%15.7%
3M Rtn-2.8%12.8%8.9%31.1%49.7%72.0%22.0%
6M Rtn24.5%36.8%29.1%53.6%38.7%27.8%32.9%
12M Rtn20.2%58.8%7.2%11.8%--66.0%11.8%
3Y Rtn121.9%147.9%48.9%64.9%--93.4%
1M Excs Rtn8.7%21.9%9.3%38.1%7.6%39.4%15.6%
3M Excs Rtn-3.9%11.8%8.5%29.4%48.0%58.3%20.6%
6M Excs Rtn12.7%24.9%17.2%41.7%26.8%15.9%21.0%
12M Excs Rtn3.3%42.3%-3.6%0.4%--77.5%0.4%
3Y Excs Rtn55.4%66.2%-21.6%-6.1%--24.7%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment144153   
Bareboat revenues  101722
Other income  111
Time charter revenues  10610297
Voyage charter revenues  342524
Total144153150145144


Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity62,468
Short Interest: % Change Since 10152025-2.6%
Average Daily Volume78,525
Days-to-Cover Short Interest1
Basic Shares Quantity35,808,017
Short % of Basic Shares0.2%

SEC Filings

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Report DateFiling DateFiling
630202582520256-K 6/30/2025
331202553020256-K 3/31/2025
12312024428202520-F 12/31/2024
9302024112620246-K 9/30/2024
630202490620246-K 6/30/2024
331202452320246-K 3/31/2024
12312023429202420-F 12/31/2023
9302023112220236-K 9/30/2023
630202382120236-K 6/30/2023
331202352520236-K 3/31/2023
12312022427202320-F 12/31/2022
9302022112120226-K 9/30/2022
630202282520226-K 6/30/2022
331202252620226-K 3/31/2022
12312021429202220-F 12/31/2021
9302021120920216-K 9/30/2021

Insider Activity

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