Icon Energy Corp.
Icon Energy Corp. is a shipping company that provides worldwide seaborne transportation services for dry bulk cargoes through its fleet of oceangoing vessels. The company focuses on the acquisition, ownership, chartering, and operation of dry bulk vessels, serving regional and international operators, commodity traders, and end users. Its cargo mix includes major bulk commodities such as iron ore, coal, grains, and bauxite, along with minor bulks including steel, sugar, fertilizers, cement, and scrap metal. Icon Energy Corp. operates in the marine shipping sector, where vessel availability, charter activity, and cargo demand are central to day-to-day business. Based in Athens, Greece, the company serves as a specialized logistics link in global commodity transport, connecting producers and consumers across major trade routes.
$1.03
+$0.11 (+11.59%)
EOD Oct 16, 2026
Operating margin is thin at 1.60%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 112.0%, still solid.
Negative free cash flow of -$5M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$16M
▲ +112.0% YoY
Net Income (TTM)
-$870K
▼ -1898.6% YoY
Op. Margin
8.09%
▼ -1.6pp YoY
ROIC
0.34%
▼ -0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$1M
▲ +69.2% YoY
Op. Cash Flow (TTM)
-$833K
▲ +22.9% YoY
Net Debt
$31M
Cash & Equiv.
$4M
3Y CAGR: +15.8%
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Is Icon Energy (ICON) overvalued?
Icon Energy (ICON)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Icon Energy scores 15/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Icon Energy a high-quality business?+
Icon Energy scores 15 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 8.1% operating margin and a 0.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Icon Energy a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh ICON's valuation and scores 15/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.