Safe Bulkers (SB-PC) Asset Utilization Ratio (2009 - 2025)
Safe Bulkers (SB-PC) reported Asset Utilization Ratio of 0.2 for Q4 2025, down 11.17% on a YoY basis from 0.22 in Q4 2024, and up 0.61% quarter-over-quarter from 0.2 in Q3 2025.
Safe Bulkers (SB-PC) Asset Utilization Ratio (2009 - 2025) Analysis & Trends
Safe Bulkers has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.2 in Q4 2025.
- For the quarter ending Q4 2025, Asset Utilization Ratio fell 11.17% year-over-year to 0.2; the trailing twelve-month figure through Dec 2025 stood at 0.2 (down 11.17% YoY), and the FY2025 full-year result was 0.2, down 12.39% from the prior year.
- Asset Utilization Ratio for Q4 2025 stood at 0.2, up from 0.2 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.3 in Q4 2021, with the low at 0.19 in Q1 2021.
- Historically, Asset Utilization Ratio has averaged 0.24 across 5 years, with a median of 0.23 in 2023.
- Annual changes were most pronounced in 2021 — Asset Utilization Ratio jumped 103.87% — and 2023, when it slipped 21.76%.
- Safe Bulkers' Asset Utilization Ratio stood at 0.3 in 2021, then fell by 8.1% to 0.28 in 2022, then slipped by 21.76% to 0.22 in 2023, then increased by 2.01% to 0.22 in 2024, then slipped by 11.17% to 0.2 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.2 (Q4 2025), 0.2 (Q3 2025), and 0.2 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.51 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.56 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.72 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.23 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.27 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.58 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.21 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.23 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Safe Bulkers | - | - | -24.78 Mn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.23 |
| Mar 31, 2021 | 0.19 |