Safe Bulkers (SB) EBIT (2009 - 2026)
Safe Bulkers (SB) posted EBIT of $74.8 million for Q1 2026, up 361.55% on a QoQ basis from -$28.6 million in Q4 2025, and up 21.06% year-over-year from $61.8 million in Q1 2025.
Safe Bulkers (SB) EBIT (2009 - 2026) Analysis & Trends
Safe Bulkers' EBIT history runs 18 years deep, the most recent figure standing at $74.8 million for Q1 2026.
- Quarterly EBIT rose 21.06% year-over-year to $74.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $180.5 million (down 4.14% YoY) and the FY2025 annual result came in at $70.0 million, down 45.52% from the prior year.
- EBIT was $74.8 million for Q1 2026 at Safe Bulkers, up from -$28.6 million in the prior quarter.
- Across five years, EBIT topped out at $92.4 million in Q3 2022 and bottomed at -$28.6 million in Q4 2025.
- A 5-year average of $55.7 million and a median of $63.9 million in 2023 frame the typical range for EBIT.
- Annual changes were most pronounced in 2022 — EBIT surged 168.6% — and 2024, when it plunged 154.77%.
- Safe Bulkers' EBIT stood at $61.5 million in 2022, then slumped by 114.27% to -$8.8 million in 2023, then plunged by 154.77% to -$22.4 million in 2024, then decreased by 27.92% to -$28.6 million in 2025, then surged by 361.55% to $74.8 million in 2026.
- Business Quant data shows SB's EBIT at $74.8 million in Q1 2026, -$28.6 million in Q4 2025, and $73.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -18.30 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 219.70 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | -63.36 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 92.06 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 11,338.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 129.67 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 61.40 Mn |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 109.86 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Safe Bulkers | 768.80 Mn | 597.03 Mn | 53.24 Mn | 74.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.85 Mn |
| Dec 31, 2025 | -28.62 Mn |
| Sep 30, 2025 | 73.88 Mn |
| Jun 30, 2025 | 60.44 Mn |
| Mar 31, 2025 | 61.83 Mn |
| Dec 31, 2024 | -22.37 Mn |
| Sep 30, 2024 | 75.47 Mn |
| Jun 30, 2024 | 73.43 Mn |
| Mar 31, 2024 | 79.19 Mn |
| Dec 31, 2023 | -8.78 Mn |
| Sep 30, 2023 | 62.53 Mn |
| Jun 30, 2023 | 63.59 Mn |
| Mar 31, 2023 | 63.85 Mn |
| Dec 31, 2022 | 61.54 Mn |
| Sep 30, 2022 | 92.38 Mn |
| Jun 30, 2022 | 90.38 Mn |
| Mar 31, 2022 | 74.10 Mn |
| Dec 31, 2021 | 65.65 Mn |
| Sep 30, 2021 | 59.03 Mn |
| Jun 30, 2021 | 39.15 Mn |