Safe Bulkers (SB-PD) Depreciation and Depletion (2009 - 2025)

Safe Bulkers (SB-PD) reported Depreciation and Depletion of -$15.0 million for Q4 2025, little changed on a YoY basis from -$15.0 million in Q4 2024, and up 0.78% quarter-over-quarter from -$15.1 million in Q3 2025.

Safe Bulkers (SB-PD) Depreciation and Depletion (2009 - 2025) Analysis & Trends

Safe Bulkers has reported Depreciation and Depletion for 17 years, with the latest figure at -$15.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Depreciation and Depletion changed 0.05% year-over-year to -$15.0 million; the trailing twelve-month figure through Dec 2025 stood at -$59.9 million (down 3.0% YoY), and the FY2025 full-year result was $59.9 million, up 3.0% from the prior year.
  • Depreciation and Depletion for Q4 2025 stood at -$15.0 million, up from -$15.1 million in the prior quarter.
  • The five-year high for Depreciation and Depletion was -$11.3 million in Q1 2022, with the low at -$15.1 million in Q2 2025.
  • Historically, Depreciation and Depletion has averaged -$13.7 million across 5 years, with a median of -$13.5 million in 2021.
  • Annual changes were most pronounced in 2022 — Depreciation and Depletion advanced 15.15% — and 2023, when it decreased 15.08%.
  • Safe Bulkers' Depreciation and Depletion stood at -$13.2 million in 2021, then advanced by 1.32% to -$13.0 million in 2022, then retreated by 9.04% to -$14.2 million in 2023, then retreated by 5.34% to -$15.0 million in 2024, then decreased by 0.05% to -$15.0 million in 2025.
  • The last three Depreciation and Depletion figures came in at -$15.0 million (Q4 2025), -$15.1 million (Q3 2025), and -$15.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 1.63 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn -
3 Matson 5.69 Bn 5.59 Bn - -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 40.91 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -
7 Costamare 1.93 Bn 1.42 Bn - -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Safe Bulkers - - -24.78 Mn -14.98 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -14.98 Mn
Dec 31, 2025 -14.98 Mn
Sep 30, 2025 -15.10 Mn
Sep 30, 2025 -15.10 Mn
Jun 30, 2025 -15.11 Mn
Jun 30, 2025 -15.11 Mn
Mar 31, 2025 -14.69 Mn
Mar 31, 2025 -14.69 Mn
Dec 31, 2024 -14.98 Mn
Dec 31, 2024 -14.98 Mn
Sep 30, 2024 -14.67 Mn
Sep 30, 2024 -14.67 Mn
Jun 30, 2024 -14.14 Mn
Jun 30, 2024 -14.14 Mn
Mar 31, 2024 -14.35 Mn
Mar 31, 2024 -14.35 Mn
Dec 31, 2023 -14.22 Mn
Dec 31, 2023 -14.22 Mn
Sep 30, 2023 -13.74 Mn
Sep 30, 2023 -13.74 Mn