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Safe Bulkers Inc (SB)

NYSE Market Closed

Safe Bulkers, Inc. is a dry bulk shipping company that transports major raw materials and agricultural commodities across international sea routes. Its vessels carry cargoes such as iron ore, coal, grain, bauxite, fertilisers and other unpackaged bulk goods for charterers that include commodity traders, industrial companies and other participants in global supply chains. The company’s business is directly linked to seaborne trade and the demand for moving large volumes of cargo between producing and consuming regions.

The company operates a fleet of dry bulk carriers that can be employed under different charter arrangements. Time charters provide vessel capacity to customers for an agreed period and generate revenue based on daily hire rates, while spot exposure allows the company to participate in prevailing market rates for shorter voyages or contracts. Safe Bulkers adjusts its mix of charter coverage according to management’s assessment of freight markets, fleet availability and customer demand.

Most of Safe Bulkers’ revenue comes from time chartering, which can offer more predictable cash flow than relying entirely on the spot market. However, earnings remain sensitive to dry bulk rate cycles, vessel supply, fuel costs, port congestion, weather disruption, geopolitical trade patterns and global industrial activity. Demand for iron ore and coal shipments is particularly influenced by steel production and energy markets, while grain movements depend on harvests and food trade flows.

For investors, Safe Bulkers provides listed exposure to the dry bulk segment of maritime transportation. Its distinctive focus is the ownership and commercial operation of oceangoing vessels in a cyclical market where asset values and freight rates can change quickly.

7.47 USD
−0.05 (-0.67%)

Last updated

Market Cap
$765,735,882
P/E
P/FCF
P/S
Enterprise Value
Sector
Industrials
Industry
Marine Transportation
Address
Les Acanthes, Monaco, 98000
Market Cap
$765,735,882
Enterprise Value
P/E
P/B
P/S
EV / EBITDA
EV / Sales
EPS
Dividend Yield
P/FCF
P/CF
Free Cash Flow
ROE
ROA
Debt / Equity
Current Ratio
Quick Ratio
Cash
Avg Volume
Fundamentals Snapshot Price

Income Statement

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Revenue 275.74M 307.63M 284.4M 349.72M 329.03M
Cost of revenue 0 0 0 0 0
Gross profit 275.74M 307.63M 284.4M 349.72M 329.03M
Operating income 65.37M 111.87M 93.77M 184.65M 172.37M
EBITDA 125.25M 170.01M 147.9M 234.17M 224.73M
Net income 30.56M 89.38M 69.35M 163.58M 163.56M
Interest expense -33.09M -34.33M -27.19M -19.15M -17.62M
Other operating expenses 120.64M 110.59M 112.74M 93.75M 81.8M
Total operating expenses 210.37M 195.76M 190.63M 165.07M 156.66M
Basic EPS 0.3 0.83 0.61 1.36 1.44
Diluted EPS 0.3 0.83 0.61 1.36 1.44

Balance Sheet

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Total assets 1.4B 1.4B 1.34B 1.25B 1.09B
Total liabilities 572.48M 571.48M 547.31M 474M 415.08M
Total equity 830.71M 831.62M 792.51M 771.92M 679.24M
Cash & equivalents 141.58M 81.08M 48.19M 49.19M 101M
Current assets 200.6M 162.39M 144.7M 156.7M 123.04M
Current liabilities 69.06M 86.47M 55.73M 74.39M 88.69M
Accounts payable 13.37M 9.9M 10.44M 10.49M 9.99M
Receivables 8.85M 13.35M 8.79M 6.48M 8.08M
Inventories 19.01M 14.88M 16.65M 17.32M 8.65M
Long-term debt 497.77M 478.45M 482.39M 370.81M 315.8M

Cash Flow

Line Item 2025 Q4 2024 Q4 2023 Q4 2022 Q4 2021 Q4
Operating cash flow 102.29M 130.46M 122.21M 218.05M 217.21M
Investing cash flow 9.7M -71.73M -151.73M -229.4M 8.55M
Financing cash flow -52.37M -25.86M 29.14M -40.1M -225.91M
Change in cash 59.62M 32.87M -378K -51.46M -144K
Net income 38.56M 97.38M 77.35M 172.55M 174.35M
Kind Filing Date Link
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index SCHEDULE 13D/A — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
edgar index 3 — SAFE BULKERS, INC. View Filing
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form 3 Form 3 — Hajioannou Polys View Filing
form 3 Form 3 — Hajioannou Polys View Filing
form 3 Form 3 — Hajioannou Polys View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 20-F — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 144 — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index SCHEDULE 13D/A — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 20-F — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
edgar index 6-K — SAFE BULKERS, INC. View Filing
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