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- Icon Energy
Icon Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for Icon Energy and similar public comparables like Intercont (Cayman), Erria, C3is, RamlΓΆsa Shipping and more.
Icon Energy Overview
About Icon Energy
Icon Energy Corp is a growth-oriented shipping company providing seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. The company generates its revenues by chartering its vessels to regional and international dry bulk operators, commodity traders and end users. The cargos carried by the company are Grains, Minerals, Iron Ore, Coal and Bauxite.
Founded
2023
HQ

Employees
0
Website
Sectors
Financials (LTM)
EV
$35M
Valuation Multiples
Start free trialIcon Energy Financials
Icon Energy reported last 12-month revenue of $12M and EBITDA of $4M.
In the same LTM period, Icon Energy generated $4M in EBITDA and had net loss of ($7M).
Revenue (LTM)
Icon Energy P&L
In the most recent fiscal year, Icon Energy reported revenue of $11M and EBITDA of $4M.
Icon Energy is unprofitable as of last fiscal year, with gross margin of 22%, EBITDA margin of 32%, and net margin of (37%).
Financial data powered by Morningstar, Inc.
Icon Energy Stock Performance
Icon Energy has current market cap of $4M, and enterprise value of $35M.
Market Cap Evolution
Icon Energy's stock price is $1.32.
Icon Energy share price increased by 24.5% in the last 30 days, and decreased by 84.3% in the last year.
Icon Energy has an EPS (earnings per share) of $-1.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $35M | $4M | -6.4% | 24.5% | -2.2% | -84.3% | $-1.31 |
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Start Free TrialIcon Energy Valuation Multiples
Icon Energy trades at 2.9x EV/Revenue multiple, and 8.6x EV/EBITDA.
EV / Revenue (LTM)
Icon Energy Financial Valuation Multiples
As of May 20, 2026, Icon Energy has market cap of $4M and EV of $35M.
Icon Energy has a P/E ratio of (0.6x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Icon Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Icon Energy Margins & Growth Rates
Icon Energy grew revenue by 19% and EBITDA by 36% in the last fiscal year.
In the most recent fiscal year, Icon Energy reported gross margin of 22%, EBITDA margin of 32%, and net margin of (37%).
Icon Energy Margins
Icon Energy Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Icon Energy Operational KPIs
Icon Energy's Rule of 40 is 56% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Icon Energy's Rule of X is 86% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Icon Energy Competitors
Icon Energy competitors include Intercont (Cayman), Erria, C3is, RamlΓΆsa Shipping, Bulgarian River Shipping, AMSC, Jadroplov, Losinjska Plovidba, ADS and Castor Maritime.
Most Icon Energy public comparables operate across Marine Transportation.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 0.5x | β | 1.1x | β | |||
| 0.2x | β | 3.1x | β | |||
| (0.4x) | β | (0.8x) | β | |||
| 0.9x | β | 2.6x | β | |||
| 1.0x | β | (8.4x) | β | |||
| β | β | 9.6x | β | |||
| 2.7x | β | 36.8x | β | |||
| 0.8x | β | 4.9x | β | |||
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Icon Energy Funding History
Before going public, Icon Energy raised $400K in total equity funding, across 1 round.
Icon Energy Funding Rounds
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Start Free TrialAbout Icon Energy
| When was Icon Energy founded? | Icon Energy was founded in 2023. |
| Where is Icon Energy headquartered? | Icon Energy is headquartered in Greece. |
| How many employees does Icon Energy have? | As of today, Icon Energy has over 0 employees. |
| Who is the CEO of Icon Energy? | Icon Energy's CEO is Ismini Panagiotidi. |
| Is Icon Energy publicly listed? | Yes, Icon Energy is a public company listed on Nasdaq. |
| What is the stock symbol of Icon Energy? | Icon Energy trades under ICON ticker. |
| When did Icon Energy go public? | Icon Energy went public in 2024. |
| Who are competitors of Icon Energy? | Icon Energy main competitors include Intercont (Cayman), Erria, C3is, RamlΓΆsa Shipping, Bulgarian River Shipping, AMSC, Jadroplov, Losinjska Plovidba, ADS, Castor Maritime. |
| What is the current market cap of Icon Energy? | Icon Energy's current market cap is $4M. |
| What is the current revenue of Icon Energy? | Icon Energy's last 12 months revenue is $12M. |
| What is the current revenue growth of Icon Energy? | Icon Energy revenue growth (NTM/LTM) is 21%. |
| What is the current EV/Revenue multiple of Icon Energy? | Current revenue multiple of Icon Energy is 2.9x. |
| Is Icon Energy profitable? | Yes, Icon Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Icon Energy? | Icon Energy's last 12 months EBITDA is $4M. |
| What is Icon Energy's EBITDA margin? | Icon Energy's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Icon Energy? | Current EBITDA multiple of Icon Energy is 8.6x. |
| What is the current FCF of Icon Energy? | Icon Energy's last 12 months FCF is ($773K). |
| What is Icon Energy's FCF margin? | Icon Energy's last 12 months FCF margin is (6%). |
| What is the current EV/FCF multiple of Icon Energy? | Current FCF multiple of Icon Energy is (45.5x). |
| How many companies Icon Energy has acquired to date? | Icon Energy hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies Icon Energy has invested to date? | Icon Energy hasn't invested in any companies yet (or none have been disclosed publicly). |
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