Safe Bulkers, Inc (SB) Financials

$6.12

$0.11 (1.75%)
Last update: 12:21 PM EST
Day's range
$6.05
Day's range
$6.18

SB Income statement / Annual

Last year (2025), Safe Bulkers, Inc's total revenue was $275.74 M, a decrease of 10.37% from the previous year. In 2025, Safe Bulkers, Inc's net income was $38.56 M. See Safe Bulkers, Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $275.74 M $307.63 M $284.40 M $349.72 M $329.03 M $198.16 M $197.76 M $193.19 M $148.03 M $109.77 M
Cost of Revenue $176.68 M $167.46 M $165.00 M $139.70 M $134.17 M $165.94 M $132.59 M $117.96 M $108.15 M $106.68 M
Gross Profit $99.06 M $140.17 M $119.41 M $210.02 M $194.87 M $32.22 M $65.17 M $75.23 M $39.88 M $3.09 M
Gross Profit Ratio 0.36 0.46 0.42 0.6 0.59 0.16 0.33 0.39 0.27 0.03
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $29.85 M $27.04 M $23.76 M $21.80 M $22.50 M $21.50 M $20.64 M $19.24 M $16.12 M $15.38 M
Other Expenses $0.00 $1.26 M $1.87 M $3.57 M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $29.85 M $28.30 M $25.63 M $25.37 M $22.50 M $21.50 M $20.64 M $19.24 M $16.12 M $15.38 M
Cost And Expenses $206.53 M $195.76 M $190.63 M $165.07 M $156.66 M $187.44 M $153.23 M $137.20 M $124.27 M $122.06 M
Interest Income $5.12 M $3.40 M $2.50 M $783.00 K $69.00 K $604.00 K $1.56 M $929.00 K $8.45 M $515.00 K
Interest Expense $33.81 M $34.95 M $27.94 M $20.50 M $18.42 M $23.60 M $29.37 M $28.48 M $25.68 M $24.37 M
Depreciation & Amortization $59.88 M $58.14 M $54.13 M $49.52 M $52.36 M $54.27 M $50.31 M $48.07 M $51.42 M $49.49 M
EBITDA $129.09 M $190.46 M $159.42 M $242.57 M $245.13 M $64.96 M $95.72 M $104.23 M -$7.57 M $17.89 M
EBITDA Ratio 0.47 0.62 0.56 0.69 0.74 0.33 0.48 0.54 -0.05 0.16
Operating Income Ratio 0.25 0.36 0.33 0.53 0.52 0.05 0.23 0.29 0.16 -0.11
Total Other Income/Expenses Net -$30.64 M -$14.50 M -$16.42 M -$12.09 M $1.98 M -$23.62 M -$28.49 M -$28.31 M -$108.44 M -$43.67 M
Income Before Tax $38.56 M $97.38 M $77.35 M $172.55 M $174.35 M -$12.91 M $16.04 M $27.68 M -$84.68 M -$55.97 M
Income Before Tax Ratio 0.14 0.32 0.27 0.49 0.53 -0.07 0.08 0.14 -0.57 -0.51
Income Tax Expense $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Net Income $38.56 M $97.38 M $77.35 M $172.55 M $174.35 M -$12.91 M $16.04 M $27.68 M -$84.68 M -$55.97 M
Net Income Ratio 0.14 0.32 0.27 0.49 0.53 -0.07 0.08 0.14 -0.57 -0.51
EPS 0.3 0.83 0.61 1.36 1.44 -0.25 -0.11 0.27 -0.84 -0.66
EPS Diluted 0.3 0.83 0.61 1.36 1.44 -0.25 -0.11 0.27 -0.84 -0.66
Weighted Average Shares Out $103.04 M $107.58 M $113.62 M $120.65 M $113.72 M $102.62 M $101.69 M $101.60 M $100.93 M $84.53 M
Weighted Average Shares Out Diluted $103.04 M $107.58 M $113.62 M $120.65 M $113.72 M $102.62 M $101.69 M $101.60 M $100.93 M $84.53 M
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