StealthGas Valuation Multiples

Discover revenue and EBITDA valuation multiples for StealthGas and similar public comparables like Ernst Russ, Naviera, Fisher (James) & Sons, Seanergy Maritime and more.

StealthGas Overview

About StealthGas

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries, and commodities traders. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.


Founded

2004

HQ

Greece

Employees

493

Financials (LTM)

Revenue: $172M
EBITDA: $89M

EV

$188M

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StealthGas Financials

StealthGas reported last 12-month revenue of $172M and EBITDA of $89M.

In the same LTM period, StealthGas generated $89M in EBITDA and $65M in net income.

Revenue (LTM)


StealthGas P&L

In the most recent fiscal year, StealthGas reported revenue of $173M and EBITDA of $90M.

StealthGas is profitable as of last fiscal year, with gross margin of 39%, EBITDA margin of 52%, and net margin of 35%.

See analyst estimates for StealthGas
LTMLast FY202320242025202620272028
Revenue$172M$173M$144M$167M$173M
Gross Profit-$68M$51M$74M$68M
Gross Margin-39%35%44%39%
EBITDA$89M$90M$73M$89M$83M
EBITDA Margin51%52%51%53%48%
EBIT Margin33%32%29%36%32%
Net Profit$65M$61M$52M$70M$61M
Net Margin38%35%36%42%35%

Financial data powered by Morningstar, Inc.

StealthGas Stock Performance

StealthGas has current market cap of $319M, and enterprise value of $188M.

Market Cap Evolution


StealthGas' stock price is $8.57.

StealthGas share price increased by 8.5% in the last 30 days, and by 28.9% in the last year.

StealthGas has an EPS (earnings per share) of $1.63.

See more trading valuation data for StealthGas
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$188M$319M0.7%8.5%-14.0%28.9%$1.63

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StealthGas Valuation Multiples

StealthGas trades at 1.1x EV/Revenue multiple, and 2.1x EV/EBITDA.

See NTM and 2027E valuation multiples for StealthGas

EV / Revenue (LTM)


StealthGas Financial Valuation Multiples

As of July 10, 2026, StealthGas has market cap of $319M and EV of $188M.

StealthGas has a P/E ratio of 4.9x.

LTMLast FY202320242025202620272028
EV/Revenue1.1x1.1x1.3x1.1x1.1x
EV/EBITDA2.1x2.1x2.6x2.1x2.3x
EV/EBIT3.3x3.4x4.6x3.1x3.4x
EV/Gross Profit-2.8x3.7x2.5x2.8x
P/E4.9x5.3x6.1x4.6x5.3x
EV/FCF-2.2x2.4x(70.3x)2.2x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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StealthGas Margins & Growth Rates

StealthGas decreased revenue by 1% and EBITDA by 3% in the last fiscal year.

In the most recent fiscal year, StealthGas reported gross margin of 39%, EBITDA margin of 52%, and net margin of 35%.

See estimated margins and future growth rates for StealthGas

StealthGas Margins

Last FY202420252026202720282029
Gross Margin39%44%39%-
EBITDA Margin52%53%48%51%
EBIT Margin32%36%32%34%
Net Margin35%42%35%40%
FCF Margin49%(2%)49%-

StealthGas Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(1%)17%4%(1%)
Gross Profit Growth-46%(9%)-
EBITDA Growth(3%)22%(7%)5%
EBIT Growth6%46%(8%)6%
Net Profit Growth13%35%(13%)13%
FCF Growth-(103%)(3276%)-

Data powered by FactSet, Inc. and Morningstar, Inc.

StealthGas Operational KPIs

StealthGas' revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.0M for the same period.

StealthGas' Rule of 40 is 50% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

StealthGas' Rule of X is 48% (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).

Access forward-looking KPIs for StealthGas
LTMLast FY202320242025202620272028
Rule of 4047%50%---
Bessemer Rule of X41%48%---
Revenue per Employee-$0.4M---
Opex per Employee-$0.0M---
G&A Expenses to Revenue5%5%4%6%5%
Opex to Revenue-7%7%9%7%

Data powered by FactSet, Inc. and Morningstar, Inc.

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StealthGas Competitors

StealthGas competitors include Ernst Russ, Naviera, Fisher (James) & Sons, Seanergy Maritime, Gabler Group, Luka Rijeka, SRT Marine Systems, Maritima de Inversiones, KNOT Offshore Partners and General Oceans.

Most StealthGas public comparables operate across Marine Transportation.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Ernst Russ1.0x1.0x1.2x1.5x
Naviera0.8x-6.4x-
Fisher (James) & Sons1.0x0.9x5.1x5.0x
Seanergy Maritime3.5x3.1x6.9x5.2x
Gabler Group4.1x3.9x14.8x14.2x
Luka Rijeka10.2x-18.4x-
SRT Marine Systems2.8x1.9x22.2x12.8x
Maritima de Inversiones0.3x-0.4x-

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About StealthGas

When was StealthGas founded?StealthGas was founded in 2004.
Where is StealthGas headquartered?StealthGas is headquartered in Greece.
How many employees does StealthGas have?As of today, StealthGas has over 493 employees.
Who is the CEO of StealthGas?StealthGas' CEO is Harry N. Vafias.
Is StealthGas publicly listed?Yes, StealthGas is a public company listed on Nasdaq.
What is the stock symbol of StealthGas?StealthGas trades under GASS ticker.
When did StealthGas go public?StealthGas went public in 2005.
Who are competitors of StealthGas?StealthGas main competitors include Ernst Russ, Naviera, Fisher (James) & Sons, Seanergy Maritime, Gabler Group, Luka Rijeka, SRT Marine Systems, Maritima de Inversiones, KNOT Offshore Partners, General Oceans.
What is the current market cap of StealthGas?StealthGas' current market cap is $319M.
What is the current revenue of StealthGas?StealthGas' last 12 months revenue is $172M.
What is the current revenue growth of StealthGas?StealthGas revenue growth (NTM/LTM) is (4%).
What is the current EV/Revenue multiple of StealthGas?Current revenue multiple of StealthGas is 1.1x.
What is the current EBITDA of StealthGas?StealthGas' last 12 months EBITDA is $89M.
What is StealthGas' EBITDA margin?StealthGas' last 12 months EBITDA margin is 51%.
What is the current EV/EBITDA multiple of StealthGas?Current EBITDA multiple of StealthGas is 2.1x.
How many companies StealthGas has acquired to date?StealthGas hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies StealthGas has invested to date?StealthGas hasn't invested in any companies yet (or none have been disclosed publicly).

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