Safe Bulkers (SB) EBIT (2009 - 2026)
Safe Bulkers' (SB) quarterly EBIT came in at $40.0 million in Q2 2026, up 281.4% on a YoY basis from $10.5 million in Q2 2025, and up 51.16% quarter-over-quarter from $26.5 million in Q1 2026.
Analysis
Safe Bulkers (SB) EBIT (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported EBIT for 18 consecutive years, with $40.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT rose 281.4% year-over-year to $40.0 million; the trailing twelve-month figure through Jun 2026 stood at $111.0 million (up 31.51% YoY), and the FY2025 full-year result was $191.4 million, up 49.05% from the prior year.
- EBIT grew to $40.0 million in Q2 2026 per SB's latest filing, from $26.5 million in the prior quarter.
- Across five years, EBIT topped out at $54.5 million in Q2 2022 and bottomed at $10.5 million in Q2 2025.
- Historically, EBIT has averaged $30.8 million across 5 years, with a median of $30.4 million in 2024.
- The sharpest annual moves came in 2025 and 2026: EBIT tumbled 69.56% in 2025, then surged 281.4% in 2026.
- Over 5 years, EBIT stood at $39.7 million in 2022, then slipped by 6.36% to $37.2 million in 2023, then tumbled by 33.8% to $24.6 million in 2024, then slipped by 24.05% to $18.7 million in 2025, then jumped by 113.82% to $40.0 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered $40.0 million, $26.5 million, and $18.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 671.50 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 122.36 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 158.90 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 301.35 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 280.02 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 871.57 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 398.33 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 144.30 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 155.03 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | 40.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.02 Mn |
| Mar 31, 2026 | 26.47 Mn |
| Dec 31, 2025 | 18.72 Mn |
| Sep 30, 2025 | 25.85 Mn |
| Jun 30, 2025 | 10.49 Mn |
| Mar 31, 2025 | 14.92 Mn |
| Dec 31, 2024 | 24.64 Mn |
| Sep 30, 2024 | 34.39 Mn |
| Jun 30, 2024 | 34.47 Mn |
| Mar 31, 2024 | 34.93 Mn |
| Dec 31, 2023 | 37.22 Mn |
| Sep 30, 2023 | 20.63 Mn |
| Jun 30, 2023 | 21.54 Mn |
| Mar 31, 2023 | 24.76 Mn |
| Dec 31, 2022 | 39.75 Mn |
| Sep 30, 2022 | 54.09 Mn |
| Jun 30, 2022 | 54.49 Mn |
| Mar 31, 2022 | 36.33 Mn |
| Dec 31, 2021 | 65.65 Mn |
| Sep 30, 2021 | 59.03 Mn |