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
DateValue
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