Safe Bulkers (SB) Debt Ratio (2009 - 2026)
Safe Bulkers' Debt Ratio was 0.36 in the quarter ended Jun 30, 2026, down 8.7% from 0.39 a year earlier and down 6.6% from the prior quarter.
Safe Bulkers (SB) Debt Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Debt Ratio at Safe Bulkers came in at 0.38, up 0.6% from the prior year.
- In earlier years, Debt Ratio was 0.38 in the year ended Dec 31, 2024 (+1.0%), 0.38 in the year ended Dec 31, 2023 (-36.4%), 0.60 in the year ended Dec 31, 2022 (+3.1%) and 0.58 in the year ended Dec 31, 2021 (-40.0%).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Debt Ratio since the quarter ended Sep 30, 2023.
- Compared with a year earlier, Debt Ratio was higher in six of the last eight quarters, with growth averaging 0.7%.
- The best year-over-year quarter for Debt Ratio over five years was the quarter ended Mar 31, 2024 (growth of 15.9%); the worst was the quarter ended Dec 31, 2021 (a decline of 40.0%).
- Per Business Quant data, SB's Debt Ratio in the three quarters before the quarter ended Jun 30, 2026 was 0.38 (quarter ended Mar 31, 2026), 0.38 (quarter ended Dec 31, 2025) and 0.38 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Safe Bulkers | 843.64 Mn | 342.54 Mn | 86.76 Mn | 0.36 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | 0.47 |
Safe Bulkers Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();