Safe Bulkers (SB) Asset Utilization Ratio (2009 - 2026)
Safe Bulkers (SB) posted Asset Utilization Ratio of 0.2 for Q1 2026, up 1.89% on a QoQ basis from 0.2 in Q4 2025, and down 2.93% year-over-year from 0.21 in Q1 2025.
Safe Bulkers (SB) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Safe Bulkers' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.2 for Q1 2026.
- Quarterly Asset Utilization Ratio fell 2.93% year-over-year to 0.2 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.2 (down 2.93% YoY) and the FY2025 annual result came in at 0.2, down 12.39% from the prior year.
- Asset Utilization Ratio was 0.2 for Q1 2026 at Safe Bulkers, up from 0.2 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.3 in Q1 2022 and bottomed at 0.2 in Q3 2025.
- A 5-year average of 0.24 and a median of 0.23 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 56.7% — and 2023, when it fell 21.76%.
- Safe Bulkers' Asset Utilization Ratio stood at 0.28 in 2022, then declined by 21.76% to 0.22 in 2023, then gained by 2.01% to 0.22 in 2024, then declined by 11.17% to 0.2 in 2025, then increased by 1.89% to 0.2 in 2026.
- Business Quant data shows SB's Asset Utilization Ratio at 0.2 in Q1 2026, 0.2 in Q4 2025, and 0.2 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,968,558.65 Bn | 2,968,557.73 Bn | 57.20 Mn | 0.58 |
| 2 | Danaos | 2,526.27 Bn | 2,525.40 Bn | 203.71 Mn | 0.20 |
| 3 | Sfl | 1,574.72 Bn | 1,574.57 Bn | 66.27 Mn | 0.19 |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | 0.10 |
| 5 | Globus Maritime | 58.94 Bn | 58.91 Bn | 8,083.00 | -105.91 |
| 6 | Kirby | 7.99 Bn | 7.92 Bn | 291.34 Mn | 0.56 |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 0.72 |
| 8 | Intercont (Cayman) | 3.95 Bn | 3.95 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.60 Bn | 152.41 Mn | 0.27 |
| 10 | Safe Bulkers | 762.67 Mn | 590.90 Mn | 53.24 Mn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.20 |
| 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 |