Safe Bulkers (SB) Accumulated Expenses (2009 - 2025)
Safe Bulkers' (SB) quarterly Accumulated Expenses came in at $7.9 million in Q4 2025, down 33.45% on a YoY basis from $11.8 million in Q4 2024, and down 33.45% quarter-over-quarter from $11.8 million in Q4 2024.
Analysis
Safe Bulkers (SB) Accumulated Expenses (2009 - 2025) Analysis & Trends
Safe Bulkers (SB) has reported Accumulated Expenses for 17 consecutive years, with $7.9 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses fell 33.45% year-over-year to $7.9 million; the trailing twelve-month figure through Dec 2025 stood at $7.9 million (down 33.45% YoY), and the FY2025 full-year result was $7.9 million, down 33.45% from the prior year.
- Accumulated Expenses eased to $7.9 million in Q4 2025 per SB's latest filing, from $11.8 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $11.8 million in Q4 2024 and bottomed at $4.3 million in Q3 2021.
- Historically, Accumulated Expenses has averaged $7.7 million across 5 years, with a median of $7.9 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses surged 100.45% in 2022, then slumped 33.45% in 2025.
- Over 5 years, Accumulated Expenses stood at $5.4 million in 2021, then soared by 100.45% to $10.8 million in 2022, then fell by 22.13% to $8.4 million in 2023, then surged by 40.84% to $11.8 million in 2024, then plunged by 33.45% to $7.9 million in 2025.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $7.9 million, $11.8 million, and $8.4 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.86 Mn |
| Dec 31, 2024 | 11.81 Mn |
| Dec 31, 2023 | 8.38 Mn |
| Dec 31, 2022 | 10.77 Mn |
| Dec 31, 2021 | 5.37 Mn |
| Sep 30, 2021 | 4.26 Mn |
| Jun 30, 2021 | 5.26 Mn |
| Dec 31, 2020 | 4.66 Mn |
| Jun 30, 2020 | 5.13 Mn |
| Dec 31, 2019 | 6.60 Mn |
| Dec 31, 2018 | 6.88 Mn |
| Dec 31, 2017 | 3.67 Mn |
| Dec 31, 2016 | 4.15 Mn |
| Sep 30, 2016 | 2.50 Mn |
| Jun 30, 2016 | 3.07 Mn |
| Dec 31, 2015 | 3.98 Mn |
| Dec 31, 2014 | 4.47 Mn |
| Dec 31, 2013 | 3.87 Mn |
| Sep 30, 2013 | 3.69 Mn |
| Dec 31, 2012 | 6.36 Mn |