Pyxis Tankers Inc.
PXS Nasdaq Deep Sea Foreign Transportation Of Freight Financials FY2016โFY2025
Revenue
Total sales reported in the income statement.
$39.0M
24.3%
vs prior year
Operating margin
Operating income as a share of revenue.
15.2%
17.3ย pts
Net income
Profit after all expenses, interest and tax.
$2.0M
84.5%
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
3.6%
5.8ย pts
Market cap
Last close times the latest diluted share count, so it is approximate.
โ
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On $0.19 EPS (TTM)
What Pyxis Tankers Inc. does
No business description yet.
- Legal name
- Pyxis Tankers Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Apr 1, 2026
- Accession ยท CIK
- 0001493152-26-014641
0001640043
Revenue and margins
Pyxis Tankers Inc. had $39.0M of revenue in fiscal 2025, down 24.3% on the year before.
FY16
Revenue $30.4M
FY17
Revenue $29.6M
FY18
Revenue $28.5M
FY19
Revenue $27.8M
FY20
Revenue $21.7M
FY21
Revenue $25.3M
FY22
Revenue $58.3M
FY23
Revenue $45.5M
FY24
Revenue $51.5M
FY25
Revenue $39.0M
Q4 '16
Revenue โ
Q4 '17
Revenue โ
Q3 '18
Revenue โ
Q4 '18
Revenue โ
Q3 '21
Revenue $7.0M
Q4 '21
Revenue $8.1M
Q3 '22
Revenue $17.0M
Q4 '22
Revenue $18.4M
FY16
Gross โ
Operating โ9.9%
Net โ19.1%
FCF โ
FY17
Gross โ
Operating โ7.9%
Net โ17.7%
FCF โ
FY18
Gross โ
Operating โ28.2%
Net โ28.9%
FCF โ
FY19
Gross โ
Operating โ9.1%
Net โ30.0%
FCF 18.3%
FY20
Gross โ
Operating โ8.9%
Net โ31.8%
FCF โ62.3%
FY21
Gross โ
Operating โ33.6%
Net โ48.7%
FCF โ173.2%
FY22
Gross โ
Operating 29.7%
Net 23.0%
FCF 9.0%
FY23
Gross โ
Operating 92.1%
Net 81.5%
FCF โ15.5%
FY24
Gross โ
Operating 32.4%
Net 25.0%
FCF โ50.7%
FY25
Gross โ
Operating 15.2%
Net 5.1%
FCF โ
Gross
Operating
Net
FCF
Q4 '16
Gross โ
Operating โ
Net โ
FCF โ
Q4 '17
Gross โ
Operating โ
Net โ
FCF โ
Q3 '18
Gross โ
Operating โ
Net โ
FCF โ
Q4 '18
Gross โ
Operating โ
Net โ
FCF โ
Q3 '21
Gross โ
Operating โ38.9%
Net โ49.6%
FCF โ275.2%
Q4 '21
Gross โ
Operating โ56.1%
Net โ66.8%
FCF โ252.7%
Q3 '22
Gross โ
Operating 37.2%
Net 31.3%
FCF 14.1%
Q4 '22
Gross โ
Operating 44.0%
Net 36.5%
FCF 27.7%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income โ$5.8M
FY17
Net income โ$5.2M
FY18
Net income โ$8.2M
FY19
Net income โ$8.3M
FY20
Net income โ$6.9M
FY21
Net income โ$12.3M
FY22
Net income $13.4M
FY23
Net income $37.0M
FY24
Net income $12.9M
FY25
Net income $2.0M
Q4 '16
Net income โ$5.8M
Q4 '17
Net income โ$1.4M
Q3 '18
Net income โ$4.1M
Q4 '18
Net income โ$3.4M
Q3 '21
Net income โ$3.5M
Q4 '21
Net income โ$5.4M
Q3 '22
Net income $5.3M
Q4 '22
Net income $6.7M
FY16
Diluted EPS โ$0.32
FY17
Diluted EPS โ$0.28
FY18
Diluted EPS โ$0.39
FY19
Diluted EPS โ$0.39
FY20
Diluted EPS โ$1.30
FY21
Diluted EPS โ$1.43
FY22
Diluted EPS $1.06
FY23
Diluted EPS $2.94
FY24
Diluted EPS $0.91
FY25
Diluted EPS $0.19
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital โ1.9%
Return on equity โ11.9%
Return on assets โ4.4%
FY17
Return on capital โ1.6%
Return on equity โ10.8%
Return on assets โ4.1%
FY18
Return on capital โ6.2%
Return on equity โ18.6%
Return on assets โ6.8%
FY19
Return on capital โ2.2%
Return on equity โ23.2%
Return on assets โ7.4%
FY20
Return on capital โ1.9%
Return on equity โ22.4%
Return on assets โ6.8%
FY21
Return on capital โ5.6%
Return on equity โ31.5%
Return on assets โ10.5%
FY22
Return on capital 11.4%
Return on equity 24.3%
Return on assets 9.5%
FY23
Return on capital 32.0%
Return on equity 46.9%
Return on assets 24.3%
FY24
Return on capital 9.4%
Return on equity 13.6%
Return on assets 7.2%
FY25
Return on capital 3.6%
Return on equity 2.1%
Return on assets 1.0%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY16
Free cash flow โ
FY17
Free cash flow โ
FY18
Free cash flow โ
FY19
Free cash flow $5.1M
FY20
Free cash flow โ$13.5M
FY21
Free cash flow โ$43.9M
FY22
Free cash flow $5.3M
FY23
Free cash flow โ$7.1M
FY24
Free cash flow โ$26.1M
FY25
Free cash flow โ
Q4 '16
Free cash flow โ
Q4 '17
Free cash flow โ
Q3 '18
Free cash flow โ
Q4 '18
Free cash flow โ
Q3 '21
Free cash flow โ$19.3M
Q4 '21
Free cash flow โ$20.5M
Q3 '22
Free cash flow $2.4M
Q4 '22
Free cash flow $5.1M
FY16
Cash from operations $4.4M
Capital spending โ
FY17
Cash from operations $3.7M
Capital spending โ
FY18
Cash from operations โ$2.2M
Capital spending โ
FY19
Cash from operations $5.7M
Capital spending $0.6M
FY20
Cash from operations โ$13.0M
Capital spending $0.5M
FY21
Cash from operations โ$0.9M
Capital spending $43.0M
FY22
Cash from operations $8.3M
Capital spending $3.0M
FY23
Cash from operations $21.4M
Capital spending $28.5M
FY24
Cash from operations $18.8M
Capital spending $45.0M
FY25
Cash from operations $13.6M
Capital spending โ
Cash from operations
Capital spending
Q4 '16
Cash from operations $1.3M
Capital spending โ
Q4 '17
Cash from operations โ$1.9M
Capital spending โ
Q3 '18
Cash from operations โ$0.1M
Capital spending โ
Q4 '18
Cash from operations โ$5.4M
Capital spending โ
Q3 '21
Cash from operations โ$2.3M
Capital spending $17.0M
Q4 '21
Cash from operations $2.5M
Capital spending $23.0M
Q3 '22
Cash from operations $2.4M
Capital spending $0.0M
Q4 '22
Cash from operations $5.1M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Pyxis Tankers Inc. returned $0.5M to shareholders in fiscal 2025. The diluted share count fell 1.0%.
FY16
Dividends โ
Buybacks โ
FY17
Dividends โ
Buybacks โ
FY18
Dividends โ
Buybacks โ
FY19
Dividends โ
Buybacks โ
FY20
Dividends $0.1M
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks $1.2M
FY24
Dividends โ
Buybacks $1.5M
FY25
Dividends โ
Buybacks $0.5M
Dividends
Buybacks
FY16
Diluted shares 0.02B
FY17
Diluted shares 0.02B
FY18
Diluted shares 0.02B
FY19
Diluted shares 0.02B
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.01B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.01B
Balance sheet
Cash, debt and the ratios that show how comfortably Pyxis Tankers Inc. can carry it.
FY16
Cash $0.8M
Debt $73.8M
FY17
Cash $1.7M
Debt $66.9M
FY18
Cash $0.5M
Debt $63.4M
FY19
Cash $1.4M
Debt $58.9M
FY20
Cash $1.6M
Debt $53.6M
FY21
Cash $6.2M
Debt $77.8M
FY22
Cash $7.6M
Debt $65.8M
FY23
Cash $54.5M
Debt $61.5M
FY24
Cash $38.2M
Debt $85.2M
FY25
Cash $53.6M
Debt $87.9M
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $6.2M | $7.6M | $54.5M | $38.2M | $53.6M |
| Debt incl. finance leases | $77.8M | $65.8M | $61.5M | $85.2M | $87.9M |
| Net debt / EBITDA | โ | 2.5x | 0.1x | 2.0x | 2.5x |
| Debt / equity | 1.6x | 1.1x | 0.6x | 0.9x | 0.9x |
| Interest coverage | โ2.6x | 3.9x | 7.2x | 2.6x | 1.0x |
| Current ratio | 0.8x | 1.7x | 6.0x | 3.8x | 4.4x |
| Quick ratio | 0.8x | 1.5x | 5.9x | 3.6x | 4.4x |
| Total assets | $143M | $139M | $166M | $189M | $193M |
| Total liabilities | $93.7M | $77.6M | $69.8M | $95.5M | $98.3M |
| Shareholders' equity | $48.9M | $61.4M | $96.5M | $93.4M | $95.2M |
| Net debt (โ = net cash) | $71.6M | $58.2M | $7.0M | $46.9M | $34.3M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 5 / 8 | 3 / 8 | 5 / 8 | 2 / 8 | 3 / 8 | 6 / 8 | 6 / 8 | 4 / 8 | 5 / 8 |
| Accruals ratio | โ7.8% | โ7.0% | โ5.0% | โ12.4% | 6.1% | โ9.7% | 3.6% | 10.2% | โ3.4% | โ6.1% |
| Altman Z'' | โ0.50 | โ0.62 | โ1.41 | โ1.33 | โ1.61 | โ1.47 | 0.89 | 4.87 | 2.72 | 2.67 |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $30.4M | $29.6M | $28.5M | $27.8M | $21.7M | $25.3M | $58.3M | $45.5M | $51.5M | $39.0M |
| Operating income | โ$3.0M | โ$2.3M | โ$8.0M | โ$2.5M | โ$1.9M | โ$8.5M | $17.3M | $41.9M | $16.7M | $5.9M |
| Interest expense | โ | โ | $4.5M | $5.8M | $5.0M | $3.3M | $4.4M | $5.8M | $6.5M | $5.8M |
| Net income | โ$5.8M | โ$5.2M | โ$8.2M | โ$8.3M | โ$6.9M | โ$12.3M | $13.4M | $37.0M | $12.9M | $2.0M |
| Net income to common | โ | โ | โ$8.2M | โ$8.3M | โ$7.0M | โ$12.9M | $12.5M | $36.2M | $9.6M | $2.0M |
| Diluted EPS | โ$0.32 | โ$0.28 | โ$0.39 | โ$0.39 | โ$1.30 | โ$1.43 | $1.06 | $2.94 | $0.91 | $0.19 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | $4.4M | $3.7M | โ$2.2M | $5.7M | โ$13.0M | โ$0.9M | $8.3M | $21.4M | $18.8M | $13.6M |
| Capital expenditure | โ | โ | โ | $0.6M | $0.5M | $43.0M | $3.0M | $28.5M | $45.0M | โ |
| Free cash flow | โ | โ | โ | $5.1M | โ$13.5M | โ$43.9M | $5.3M | โ$7.1M | โ$26.1M | โ |
| Depreciation and amortization | $5.8M | $5.6M | $5.5M | $5.3M | $4.4M | $4.9M | $6.1M | $5.5M | $6.9M | $7.6M |
| Stock-based compensation | โ | $0.4M | โ | โ | โ | โ | โ | $0.2M | $0.1M | $0.3M |
| Share buybacks | โ | โ | โ | โ | โ | โ | โ | $1.2M | $1.5M | $0.5M |
| Dividends paid | โ | โ | โ | โ | $0.1M | โ | โ | โ | โ | โ |
| Dividends and buybacks | โ | โ | โ | โ | $0.1M | โ | โ | $1.2M | $1.5M | $0.5M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.8M | $1.7M | $0.5M | $1.4M | $1.6M | $6.2M | $7.6M | $54.5M | $38.2M | $53.6M |
| Total debt | $73.8M | $66.9M | $63.4M | $58.9M | $53.6M | $77.8M | $65.8M | $61.5M | $85.2M | $87.9M |
| Deposits | โ | โ | โ | โ | โ | โ | โ | โ | $0.0M | $0.0M |
| Current assets | $4.2M | $3.9M | $4.3M | $17.2M | $5.4M | $19.1M | $21.1M | $60.9M | $46.1M | $56.7M |
| Current liabilities | $12.9M | $12.5M | $13.5M | $22.5M | $8.3M | $22.8M | $12.6M | $10.1M | $12.3M | $12.7M |
| Inventory | $1.2M | $1.0M | $0.8M | $0.5M | $0.7M | $1.6M | $1.9M | $1.0M | $1.9M | $0.5M |
| Property and equipment, net | $121M | $116M | $108M | $87.5M | $83.8M | $120M | $114M | $102M | $140M | $133M |
| Total assets | $131M | $125M | $117M | $109M | $93.2M | $143M | $139M | $166M | $189M | $193M |
| Total liabilities | $82.0M | $76.7M | $76.7M | $76.8M | $63.6M | $93.7M | $77.6M | $69.8M | $95.5M | $98.3M |
| Shareholders' equity | $48.8M | $48.2M | $39.9M | $32.0M | $29.6M | $48.9M | $61.4M | $96.5M | $93.4M | $95.2M |
| Margins | ||||||||||
| Operating margin | โ9.9% | โ7.9% | โ28.2% | โ9.1% | โ8.9% | โ33.6% | 29.7% | 92.1% | 32.4% | 15.2% |
| EBITDA margin | 9.1% | 10.9% | โ8.8% | 10.1% | 11.4% | โ14.3% | 40.1% | 104.2% | 45.8% | 34.6% |
| Net margin | โ19.1% | โ17.7% | โ28.9% | โ30.0% | โ31.8% | โ48.7% | 23.0% | 81.5% | 25.0% | 5.1% |
| FCF margin | โ | โ | โ | 18.3% | โ62.3% | โ173.2% | 9.0% | โ15.5% | โ50.7% | โ |
| Returns | ||||||||||
| Return on capital | โ1.9% | โ1.6% | โ6.2% | โ2.2% | โ1.9% | โ5.6% | 11.4% | 32.0% | 9.4% | 3.6% |
| Return on capital employed | โ2.5% | โ2.1% | โ7.8% | โ2.9% | โ2.3% | โ7.1% | 13.7% | 26.8% | 9.5% | 3.3% |
| Return on equity | โ11.9% | โ10.8% | โ18.6% | โ23.2% | โ22.4% | โ31.5% | 24.3% | 46.9% | 13.6% | 2.1% |
| Return on assets | โ4.4% | โ4.1% | โ6.8% | โ7.4% | โ6.8% | โ10.5% | 9.5% | 24.3% | 7.2% | 1.0% |
| Return on tangible equity | โ11.9% | โ10.9% | โ20.6% | โ26.0% | โ23.6% | โ26.4% | 20.4% | 37.5% | 10.3% | 2.1% |
| Growth | ||||||||||
| Revenue growth | โ | โ2.7% | โ3.8% | โ2.5% | โ21.8% | 16.7% | 130.2% | โ22.1% | 13.4% | โ24.3% |
| Net income growth | โ | โ | โ | โ | โ | โ | โ | 176.6% | โ65.3% | โ84.5% |
| EPS growth | โ | โ | โ | โ | โ | โ | โ | 177.4% | โ69.0% | โ79.1% |
| FCF growth | โ | โ | โ | โ | โ365.4% | โ | โ | โ233.7% | โ | โ |
| Share count change | โ | 1.0% | 13.2% | 1.3% | โ74.5% | 67.0% | 40.5% | โ0.4% | โ16.4% | โ1.0% |
| Financial health | ||||||||||
| Net debt / EBITDA | 26.4x | 20.2x | โ | 20.6x | 20.9x | โ | 2.5x | 0.1x | 2.0x | 2.5x |
| Debt / equity | 1.5x | 1.4x | 1.6x | 1.8x | 1.8x | 1.6x | 1.1x | 0.6x | 0.9x | 0.9x |
| Interest coverage | โ | โ | โ1.8x | โ0.4x | โ0.4x | โ2.6x | 3.9x | 7.2x | 2.6x | 1.0x |
| Current ratio | 0.3x | 0.3x | 0.3x | 0.8x | 0.7x | 0.8x | 1.7x | 6.0x | 3.8x | 4.4x |
| Quick ratio | 0.2x | 0.2x | 0.3x | 0.7x | 0.6x | 0.8x | 1.5x | 5.9x | 3.6x | 4.4x |
| Capital allocation | ||||||||||
| Capex / revenue | โ | โ | โ | 2.1% | 2.2% | 169.7% | 5.1% | 62.7% | 87.2% | โ |
| Stock comp / revenue | โ | 1.2% | โ | โ | โ | โ | โ | 0.4% | 0.1% | 0.7% |
| Quality scores | ||||||||||
| Piotroski F-score | โ | 5.0 | 3.0 | 5.0 | 2.0 | 3.0 | 6.0 | 6.0 | 4.0 | 5.0 |
| Altman Z'' | โ0.5 | โ0.6 | โ1.4 | โ1.3 | โ1.6 | โ1.5 | 0.9 | 4.9 | 2.7 | 2.7 |
| Accruals ratio | โ7.8% | โ7.0% | โ5.0% | โ12.4% | 6.1% | โ9.7% | 3.6% | 10.2% | โ3.4% | โ6.1% |
Source: SEC EDGAR XBRL filings (CIK 0001640043). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.