Company Overview
Capital Clean Energy Carriers Corp. operates within the Industrials sector, specifically focusing on the Marine Shipping industry, where it provides marine transportation services in Greece and engages in the production and distribution of various energy commodities such as oil, natural gas, biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals. The company's current market capitalization stands at $1.21 billion, supported by an annualized revenue stream of $392.71 million over the trailing twelve months, while the total employee count is listed as N/A in available public records. These financial metrics indicate a mid-to-large-scale enterprise within the regional shipping landscape, possessing sufficient revenue generation to support significant operational overhead and asset maintenance costs. The valuation suggests the market assigns a substantial worth to its fleet and logistics capabilities, reflecting its role as a key player in the Greek maritime economy despite the absence of specific employee headcount data in current filings.
Financial Health
Over the trailing twelve months, the company reported revenue of $392.71 million, net income of $113.39 million, and EBITDA of $323.73 million, revealing a cost structure where operating expenses consume approximately 19% of total revenue before interest and taxes. However, the free cash flow stands at -$107,465,624, which indicates that capital expenditures and cash outflows exceeded cash generated from operations, limiting immediate financial flexibility for internal expansion without external financing. Profitability is supported by robust margins, including a gross margin of 80.7%, an operating margin of 54.4%, and a profit margin of 43.5%, suggesting highly efficient pricing power or low variable costs relative to the high-value nature of fuel and chemical transport. On the balance sheet, the company holds $273.84 million in cash against total debt of $2.35 billion, resulting in a debt-to-equity ratio of 157.02%, which characterizes a highly leveraged financial position dependent on steady cash flow to service obligations. Short-term liquidity is constrained, as evidenced by a current ratio of 0.86, meaning current assets are insufficient to cover current liabilities without relying on debt refinancing or asset sales. Return metrics show a return on equity of 8.0% and a return on assets of 3.3%, indicating that while the equity base generates moderate returns, the asset base is not being utilized to its full potential given the high leverage levels.
Valuation Assessment
The stock trades with a trailing twelve-month P/E ratio of 10.63 and a forward P/E of 6.63, implying that the market expects earnings to expand significantly in the coming year to justify the lower forward multiple compared to historical performance. The price-to-book ratio is 0.81, indicating that the company is currently trading below its book value, which often signals that the market prices in risks related to the high debt load or potential cyclicality in the shipping sector. Alternative valuation metrics such as the price-to-sales ratio of 3.07 and an EV/EBITDA of 10.16 suggest that the company is valued at a premium relative to its sales revenue but at a moderate multiple relative to its earnings before interest, taxes, depreciation, and amortization. Price volatility is contained relative to the broader market with a beta of 0.61, meaning the stock is generally less volatile than the overall market index. Regarding trading range, the 52-week high is $24.83 and the 52-week low is $14.09; without the specific current share price provided in the source data, the exact percentage position relative to this range cannot be calculated, but the range defines the historical trading band for investors analyzing entry and exit points.
Growth & Income
Recent performance data shows revenue growth of -6.4% year-over-year and earnings growth of -75.7% year-over-year, indicating that earnings are contracting at a much faster rate than revenue, which is consistent with a business experiencing margin compression or declining asset utilization during a downturn. The company maintains a dividend yield of 2.9% with a payout ratio of 31.2%, suggesting that the dividend payments are funded by a significant portion of net income and appear mathematically sustainable given the current earnings figure, though the high debt levels introduce risk to future continuity. The negative growth rates highlight a cyclical challenge where revenue declines are translating into disproportionately larger drops in profitability, a common phenomenon in capital-intensive shipping industries during periods of reduced freight rates. Overall, the growth and income profile reflects a company currently in a contractionary phase that relies on existing cash reserves and disciplined capital allocation to navigate the downturn while maintaining shareholder distributions.