Safe Bulkers (SB) Asset Utilization Ratio (2009 - 2026)
Safe Bulkers' (SB) quarterly Asset Utilization Ratio came in at 0.22 in Q2 2026, up 8.51% YoY from 0.2 in Q2 2025, and up 6.62% on a QoQ basis from 0.2 in Q1 2026.
Safe Bulkers (SB) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of Asset Utilization Ratio data on file, last reported at 0.22 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 8.51% year-over-year to 0.22 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.22 (up 8.51% YoY) and the FY2025 annual result came in at 0.2, down 12.39% from the prior year.
- Asset Utilization Ratio advanced to 0.22 in Q2 2026, from 0.2 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.3 in Q1 2022 to a low of 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 slipped 21.76%.
- Tracing SB's Asset Utilization Ratio over 5 years: stood at 0.28 in 2022, then slipped by 21.76% to 0.22 in 2023, then increased by 2.01% to 0.22 in 2024, then slipped by 11.17% to 0.2 in 2025, then increased by 8.63% to 0.22 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.22 (Q2 2026), 0.2 (Q1 2026), and 0.2 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 0.57 |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 0.74 |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 0.27 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 0.58 |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.20 |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 0.34 |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 0.23 |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 0.21 |
| 10 | Safe Bulkers | 826.18 Mn | 683.27 Mn | 62.00 Mn | 0.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| 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 |