Safe Bulkers (SB-PC) Interest Expenses (2009 - 2025)

Safe Bulkers (SB-PC) reported Interest Expenses of -$30.3 million for Q4 2025, up 3.29% on a YoY basis from -$29.4 million in Q4 2024, and down 299.62% quarter-over-quarter from -$7.6 million in Q3 2025.

Safe Bulkers (SB-PC) Interest Expenses (2009 - 2025) Analysis & Trends

Safe Bulkers has reported Interest Expenses for 17 years, with the latest figure at -$30.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Interest Expenses rose 3.29% year-over-year to -$30.3 million; the trailing twelve-month figure through Dec 2025 stood at -$53.2 million (up 3.13% YoY), and the FY2025 full-year result was $30.3 million, down 3.29% from the prior year.
  • Interest Expenses for Q4 2025 stood at -$30.3 million, down from -$7.6 million in the prior quarter.
  • The five-year high for Interest Expenses was -$2.9 million in Q1 2022, with the low at -$31.4 million in Q4 2024.
  • Historically, Interest Expenses has averaged -$9.1 million across 5 years, with a median of -$6.0 million in 2022.
  • Annual changes were most pronounced in 2021 — Interest Expenses soared 33.81% — and 2023, when it tumbled 321.12%.
  • Safe Bulkers' Interest Expenses stood at -$2.9 million in 2021, then slumped by 102.8% to -$5.9 million in 2022, then tumbled by 321.12% to -$24.7 million in 2023, then dropped by 26.99% to -$31.4 million in 2024, then grew by 3.29% to -$30.3 million in 2025.
  • The last three Interest Expenses figures came in at -$30.3 million (Q4 2025), -$7.6 million (Q3 2025), and -$7.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -1,852.00
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 11.22 Mn
3 Matson 5.69 Bn 5.59 Bn - 1.60 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -12.94 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 127.05 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -112.20 Mn
7 Costamare 1.93 Bn 1.42 Bn - -18.95 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -30.60 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Safe Bulkers - - -24.78 Mn -30.34 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -30.34 Mn
Dec 31, 2025 -30.34 Mn
Sep 30, 2025 -7.59 Mn
Sep 30, 2025 -7.59 Mn
Jun 30, 2025 -7.84 Mn
Jun 30, 2025 -7.84 Mn
Mar 31, 2025 -7.40 Mn
Mar 31, 2025 -7.40 Mn
Dec 31, 2024 -31.38 Mn
Dec 31, 2024 -31.38 Mn
Sep 30, 2024 -7.68 Mn
Sep 30, 2024 -7.68 Mn
Jun 30, 2024 -7.57 Mn
Jun 30, 2024 -7.57 Mn
Mar 31, 2024 -8.27 Mn
Mar 31, 2024 -8.27 Mn
Dec 31, 2023 -24.71 Mn
Dec 31, 2023 -24.71 Mn
Sep 30, 2023 -6.16 Mn
Sep 30, 2023 -6.16 Mn