Safe Bulkers (SB-PD) Asset Utilization Ratio (2009 - 2025)

Safe Bulkers (SB-PD) 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-PD) 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
DateValue
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