NYSE · SB
Safe Bulkers financials
$8.30+0.61%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $275.7M | $307.6M | $284.4M | $349.7M | $329.0M | $198.2M | $197.8M | $193.2M | $148.0M | $201.5M |
| Gross profit | $275.7M | $307.6M | $284.4M | $349.7M | $329.0M | $198.2M | $197.8M | $193.2M | $148.0M | $75.2M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 37.3% |
| Operating income | $65.4M | $111.9M | $93.8M | $184.6M | $172.4M | $10.5M | $44.1M | $55.9M | $22.1M | $55.9M |
| Net income | $30.6M | $89.4M | $69.4M | $163.6M | $163.6M | -$25.3M | $4.3M | $16.3M | -$99.1M | $16.3M |
| Net margin | 11.1% | 29.1% | 24.4% | 46.8% | 49.7% | −12.8% | 2.2% | 8.4% | −67.0% | 8.1% |
| Diluted EPS | $0.30 | $0.83 | $0.61 | $1.36 | $1.44 | $-0.25 | $0.04 | $0.16 | $-0.98 | $0.16 |
| EBITDA | $125.2M | $170.0M | $147.9M | $234.2M | $224.7M | $64.7M | $94.4M | $106.2M | $73.5M | $104.0M |
| Operating cash flow | $102.3M | $130.5M | $122.2M | $218.0M | $217.2M | $63.4M | $58.3M | $58.3M | $50.1M | $85.4M |
| Free cash flow | $60.3M | -$14.3M | -$86.9M | $34.8M | $108.0M | $12.9M | $19.0M | — | -$9.8M | $39.5M |
| Diluted shares | 103.0M | 107.6M | 113.6M | 120.7M | 113.7M | 102.6M | 101.7M | 101.6M | 100.9M | 101.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $141.6M | $81.1M | $48.2M | $49.2M | $101.0M | $90.0M |
| Short-term investments | $4.8M | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $540.1M | $536.6M | $507.9M | $414.4M | $355.7M | $607.7M |
| Total assets | $1.40B | $1.40B | $1.34B | $1.25B | $1.09B | $1.11B |
| Total liabilities | $572.5M | $571.5M | $547.3M | $474.0M | $415.1M | $642.8M |
| Shareholders' equity | $830.7M | $831.6M | $792.5M | $771.9M | $679.2M | $444.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology