SB
Income statement / Annual
Last year (2023), Safe Bulkers, Inc.'s total revenue was $284.40 M,
a decrease of 18.68% from the previous year.
In 2023, Safe Bulkers, Inc.'s net income was $77.35 M.
See Safe Bulkers, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$284.40 M
|
$349.72 M
|
$329.03 M
|
$198.16 M
|
$197.76 M
|
$193.19 M
|
$148.03 M
|
$109.77 M
|
$127.32 M
|
$154.09 M
|
| Cost of Revenue |
$165.00 M |
$139.70 M |
$134.17 M |
$165.94 M |
$132.59 M |
$117.96 M |
$108.15 M |
$106.68 M |
$120.46 M |
$113.15 M |
| Gross Profit |
$119.41 M |
$210.02 M |
$194.87 M |
$32.22 M |
$65.17 M |
$75.23 M |
$39.88 M |
$3.09 M |
$6.86 M |
$40.95 M |
| Gross Profit Ratio |
0.42 |
0.6 |
0.59 |
0.16 |
0.33 |
0.39 |
0.27 |
0.03 |
0.05 |
0.27 |
| 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 |
$23.76 M
|
$21.80 M
|
$22.50 M
|
$21.50 M
|
$20.64 M
|
$19.24 M
|
$16.12 M
|
$15.38 M
|
$14.62 M
|
$13.33 M
|
| 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 |
$23.76 M
|
$21.80 M
|
$22.50 M
|
$21.50 M
|
$20.64 M
|
$19.24 M
|
$16.12 M
|
$15.38 M
|
$14.62 M
|
$13.33 M
|
| Other Expenses |
-$8.51 M |
$3.57 M |
$0.00 |
-$241,000.00 |
$414,000.00 |
$20.40 M |
$15.36 M |
$12.94 M |
-$1.43 M |
-$4.00 M |
| Operating Expenses |
$15.26 M |
$25.37 M |
$22.50 M |
$21.50 M |
$21.05 M |
$19.24 M |
$16.51 M |
$14.59 M |
$14.62 M |
$13.33 M |
| Cost And Expenses |
$180.25 M |
$165.07 M |
$156.66 M |
$187.44 M |
$153.65 M |
$137.20 M |
$124.66 M |
$121.27 M |
$135.08 M |
$126.48 M |
| Interest Income |
$2.50 M |
$783,000.00 |
$69,000.00 |
$604,000.00 |
$1.56 M |
$929,000.00 |
$799,000.00 |
$515,000.00 |
$86,000.00 |
$821,000.00 |
| Interest Expense |
$27.94 M |
$17.14 M |
$14.72 M |
$21.23 M |
$26.82 M |
$25.71 M |
$23.22 M |
$19.58 M |
$11.65 M |
$8.34 M |
| Depreciation &
Amortization |
$54.13 M
|
$49.52 M
|
$52.36 M
|
$54.27 M
|
$50.31 M
|
$48.07 M
|
$51.42 M
|
$49.49 M
|
$47.13 M
|
$43.08 M
|
| EBITDA |
$147.90 M
|
$234.17 M
|
$232.20 M
|
$64.75 M
|
$94.36 M
|
$103.95 M
|
-$7.57 M
|
$17.89 M
|
$13.87 M
|
$70.54 M
|
| EBITDA Ratio |
0.52 |
0.52 |
0.51 |
0.04 |
0.47 |
0.53 |
0.14 |
-0.14 |
-0.1 |
0.14 |
| Operating Income Ratio
|
0.37
|
0.38
|
0.35
|
-0.23
|
0.22
|
0.29
|
-0.47
|
-0.29
|
-0.25
|
0.17
|
| Total Other
Income/Expenses Net |
-$26.80 M
|
-$12.09 M
|
-$17.07 M
|
-$23.38 M
|
-$28.01 M
|
-$28.20 M
|
-$15.38 M
|
-$24.56 M
|
-$15.93 M
|
-$12.08 M
|
| Income Before Tax |
$77.35 M |
$172.55 M |
$174.35 M |
-$12.91 M |
$16.04 M |
$27.68 M |
-$84.68 M |
-$55.97 M |
-$47.94 M |
$14.63 M |
| Income Before Tax Ratio
|
0.27
|
0.49
|
0.53
|
-0.07
|
0.08
|
0.14
|
-0.57
|
-0.51
|
-0.38
|
0.09
|
| Income Tax Expense |
$0.00 |
-$49.52 M |
-$37.65 M |
-$33.28 M |
$26.82 M |
$28.20 M |
$15.38 M |
$24.56 M |
$15.93 M |
$12.08 M |
| Net Income |
$77.35 M |
$172.55 M |
$174.35 M |
$20.37 M |
-$10.78 M |
$27.68 M |
-$84.68 M |
-$55.97 M |
-$47.94 M |
$14.63 M |
| Net Income Ratio |
0.27 |
0.49 |
0.53 |
0.1 |
-0.05 |
0.14 |
-0.57 |
-0.51 |
-0.38 |
0.09 |
| EPS |
0.61 |
1.36 |
1.44 |
0.2 |
-0.11 |
0.27 |
-0.84 |
-0.66 |
-0.57 |
0.06 |
| EPS Diluted |
0.61 |
1.36 |
1.44 |
0.2 |
-0.11 |
0.27 |
-0.84 |
-0.66 |
-0.57 |
0.06 |
| Weighted Average Shares
Out |
$113.62 M
|
$120.65 M
|
$113.72 M
|
$102.62 M
|
$101.69 M
|
$101.60 M
|
$100.93 M
|
$84.53 M
|
$83.48 M
|
$83.45 M
|
| Weighted Average Shares
Out Diluted |
$113.62 M
|
$120.65 M
|
$113.72 M
|
$102.62 M
|
$101.69 M
|
$101.60 M
|
$100.93 M
|
$84.53 M
|
$83.48 M
|
$83.45 M
|
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