Safe Bulkers (SB-PD) FCF Payout Ratio (2012 - 2025)
Safe Bulkers (SB-PD) reported FCF Payout Ratio of 0.28 for Q4 2025, down 23.68% on a YoY basis from 0.37 in Q4 2024, and down 23.68% quarter-over-quarter from 0.23 in Q4 2024.
Safe Bulkers (SB-PD) FCF Payout Ratio (2012 - 2025) Analysis & Trends
Safe Bulkers has reported FCF Payout Ratio for 10 years, with the latest figure at 0.28 in Q4 2025.
- For the quarter ending Q4 2025, FCF Payout Ratio fell 23.68% year-over-year to 0.28; the trailing twelve-month figure through Dec 2025 stood at 0.89 (down 77.76% YoY), and the FY2025 full-year result was 0.47, up 123.03% from the prior year.
- FCF Payout Ratio for Q4 2025 stood at 0.28, down from 0.23 in the prior quarter.
- The five-year high for FCF Payout Ratio was 8.18 in Q3 2021, with the low at 0.28 in Q4 2025.
- Historically, FCF Payout Ratio has averaged 1.48 across 4 years, with a median of 0.23 in 2024.
- Annual changes were most pronounced in 2021 — FCF Payout Ratio surged 4848.27% — and 2025, when it fell 23.68%.
- Safe Bulkers' FCF Payout Ratio stood at 0.01 in 2021, then tumbled by 1602.81% to 0.25 in 2023, then climbed by 9.92% to 0.23 in 2024, then decreased by 23.68% to 0.28 in 2025.
- The last three FCF Payout Ratio figures came in at 0.28 (Q4 2025), 0.23 (Q4 2024), and 0.25 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | - |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.14 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -0.38 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 3.33 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -0.36 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -0.17 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -0.01 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Safe Bulkers | - | - | -24.78 Mn | -0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.28 |
| Dec 31, 2024 | -0.23 |
| Dec 31, 2023 | -0.25 |
| Dec 31, 2021 | -0.01 |
| Sep 30, 2021 | 8.18 |
| Dec 31, 2020 | -0.09 |
| Sep 30, 2020 | -0.17 |
| Dec 31, 2018 | 0.00 |
| Dec 31, 2016 | 0.03 |
| Sep 30, 2016 | -0.19 |
| Dec 31, 2015 | 0.02 |
| Sep 30, 2015 | -0.10 |
| Dec 31, 2013 | -0.29 |
| Dec 31, 2012 | -0.63 |