Zacks Investment Research·Jun 25, 2026
Crude Tanker Market Strength Bodes Well for ECO: More Upside Ahead?ECO is benefiting from a strong crude tanker market, with spot exposure, higher charter rates and a modern fleet supporting earnings upside.
Okeanis Eco Tankers Corp.(ECO)Earnings, Financials & Key Ratios
ECO•NYSE
$53.72
14.2× P/E·Price updated Jul 7, 2026
AboutOkeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.Show more
- Revenue$392M-0.4%
- EBITDA$204M
- Net Income$123M+12.9%
- EPS (Diluted)3.77+11.5%
- Gross Margin57.32%+0.8%
- EBITDA Margin52.09%+0.4%
- Operating Margin41.51%+0.2%
- Net Margin31.4%+13.4%
- ROE25%-6.0%
ECO Price & Volume
Okeanis Eco Tankers Corp. (ECO) stock price & volume — 10-year historical chart
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Scrubber Advantage Drives Exceptional Tanker Margin Expansion
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Spot rate volatility exposure
Key Thesis Takeaways
- Okeanis Eco Tankers leverages a modern, fuel-efficient fleet to capture significant upside from volatile crude oil spot rates, as evidenced by a 112.3% year-over-year revenue surge in 2026Q1.
- While the company demonstrates superior operating leverage and a commitment to shareholder returns through $60.5 million in quarterly dividends, investors should monitor the lumpy capital expenditure profile that resulted in a negative $87.6 million free cash flow for the same period.
- The long-term outlook remains tied to the sustainability of the scrubber-spread advantage and the company's ability to manage its $683.1 million debt load amidst cyclical industry downturns.
Verdict Logic
while the forward P/E of 4.40 suggests an attractive valuation, the high capital expenditure intensity and potential for spot rate volatility make the current 4.3% dividend yield a primary consideration for risk-adjusted returns.
ECO Growth Metrics
Okeanis Eco Tankers Corp. (ECO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years6.72%
3 Years13.05%
TTM32.94%
Profit CAGR
10 Years-
5 Years3.95%
3 Years13.29%
TTM148.82%
EPS CAGR
10 Years-
5 Years3.86%
3 Years12.75%
TTM128.23%
Return on Capital
10 Years10.45%
5 Years12.89%
3 Years16.75%
Last Year15.18%
ECO Recent Earnings
Okeanis Eco Tankers Corp. (ECO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$2.33+33.9%
$1.74
Rev
$132M-1.4%
$134M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$1.78+36.9%
$1.30
Rev
$93M+1.8%
$91M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.77+165.5%
$0.29
Rev
$91M-8.0%
$98M
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$0.83+80.4%
$0.46
Rev
$94M+76.9%
$53M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $2.33vs $1.74+33.9% | $132Mvs $134M-1.4% |
| Q1 2026 | Feb 18, 2026 | $1.78vs $1.30+36.9% | $93Mvs $91M+1.8% |
| Q4 2025 | Nov 12, 2025 | $0.77vs $0.29+165.5% | $91Mvs $98M-8.0% |
| Q3 2025 | Aug 12, 2025 | $0.83vs $0.46+80.4% | $94Mvs $53M+76.9% |
Based on last 12 quarters of dataView full earnings history →
Latest ECO News
Recent stock market news and headlines for Okeanis Eco Tankers Corp. (ECO)
Zacks Investment Research·Jun 22, 2026
Has Okeanis Eco Tankers Corp. (ECO) Outpaced Other Transportation Stocks This Year?Here is how Okeanis Eco Tankers Corp. (ECO) and Heartland Express (HTLD) have performed compared to their sector so far this year.
Seeking Alpha·Jun 21, 2026
Okeanis Eco Tankers: Absurd Spot Rates Could Keep Driving Monster DividendsOkeanis Eco Tankers remains a high-conviction pick, with a young, scrubber-fitted fleet and strong owner alignment fueling outperformance. ECO's Q1 results were exceptional, driven by explosive spot rates and fleet expansion, with net income up 601% YoY and TCE at $93,100/day. Current geopolitical disruptions and partial Strait of Hormuz reopening create a 'messy middle,' favoring ECO's spot-heavy exposure and supporting elevated rates.
Accesswire·Jun 18, 2026
Eco (Atlantic) Oil and Gas Ltd. Announces 2026 Operational and Business UpdateTORONTO, ON / ACCESS Newswire / June 18, 2026 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce a mid-year update on the progress of its various workstreams across its portfolio in Namibia, Guyana, the Falkland Islands, and South Africa.
Zacks Investment Research·Jun 17, 2026
Okeanis Eco Tankers Aims at Fleet Growth: More Upside Ahead?ECO is expanding its modern scrubber-fitted tanker fleet with two Suezmax newbuildings, backing growth while preserving financial flexibility.
Peers Comparison
Key metrics vs top competitors for Okeanis Eco Tankers Corp. (ECO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $53.72 | $1.76B | 14.25 | -0.43% | 31.4% | 25% | 4.04% | |
| $69.33 | $2.4B | 6.86 | -22.58% | 42.6% | 21.4% | — | |
| $85.23 | $4.22B | 13.68 | -11.38% | 55.39% | 27.13% | — | |
| $17.29 | $2.78B | 13.20 | -13.04% | 58.56% | 29.14% | — | |
| $69.53 | $3.6B | 9.89 | -24.58% | 48.44% | 15.85% | — | |
| $35.37 | $1.07B | 7.95 | -0.67% | 17.71% | 7.86% | — |
Compare ECO vs Peers
Okeanis Eco Tankers Corp. (ECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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ECO Frequently Asked Questions
Okeanis Eco Tankers Corp. (ECO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Okeanis Eco Tankers Corp.'s revenue?
Okeanis Eco Tankers Corp. (ECO) reported $481.6M in revenue for fiscal year 2025. This represents a 1549% increase from $29.2M in 2018.
How fast is Okeanis Eco Tankers Corp. growing?
Okeanis Eco Tankers Corp. (ECO) saw revenue decline by 0.4% over the past year.
Is ECO profitable?
Yes, Okeanis Eco Tankers Corp. (ECO) is profitable, generating $198.7M in net income for fiscal year 2025 (31.4% net margin).
Dividend & Returns
Does ECO pay dividends?
Yes, Okeanis Eco Tankers Corp. (ECO) pays a dividend with a yield of 4.04%. This makes it attractive for income-focused investors.
What is ECO's return on equity?
Okeanis Eco Tankers Corp. (ECO) has a return on equity (ROE) of 25.0%. This is excellent, indicating efficient use of shareholder capital.
What is Okeanis Eco Tankers Corp.'s free cash flow?
Okeanis Eco Tankers Corp. (ECO) had negative free cash flow of $28.5M in fiscal year 2025, likely due to heavy capital investments.