Safe Bulkers (SB) EBITDA (2009 - 2026)
Safe Bulkers (SB) posted EBITDA of $40.7 million for Q1 2026, up 8.97% on a QoQ basis from $37.4 million in Q4 2025, and up 38.65% year-over-year from $29.4 million in Q1 2025.
Safe Bulkers (SB) EBITDA (2009 - 2026) Analysis & Trends
Safe Bulkers' EBITDA history runs 18 years deep, the most recent figure standing at $40.7 million for Q1 2026.
- Quarterly EBITDA rose 38.65% year-over-year to $40.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $139.7 million (down 8.78% YoY) and the FY2025 annual result came in at $128.4 million, down 24.77% from the prior year.
- EBITDA was $40.7 million for Q1 2026 at Safe Bulkers, up from $37.4 million in the prior quarter.
- Across five years, EBITDA topped out at $66.9 million in Q3 2022 and bottomed at $25.5 million in Q2 2025.
- A 5-year average of $42.7 million and a median of $40.7 million in 2026 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2023 — EBITDA sank 53.77% — and 2024, when it surged 41.47%.
- Safe Bulkers' EBITDA stood at $56.0 million in 2022, then fell by 9.47% to $50.7 million in 2023, then decreased by 19.72% to $40.7 million in 2024, then decreased by 8.14% to $37.4 million in 2025, then rose by 8.97% to $40.7 million in 2026.
- Business Quant data shows SB's EBITDA at $40.7 million in Q1 2026, $37.4 million in Q4 2025, and $36.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -325.90 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 178.84 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | -8.90 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 | 6,198.00 |
| 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 | 149.74 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Safe Bulkers | 768.80 Mn | 597.03 Mn | 53.24 Mn | 40.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.73 Mn |
| Dec 31, 2025 | 37.38 Mn |
| Sep 30, 2025 | 36.14 Mn |
| Jun 30, 2025 | 25.48 Mn |
| Mar 31, 2025 | 29.38 Mn |
| Dec 31, 2024 | 40.69 Mn |
| Sep 30, 2024 | 41.29 Mn |
| Jun 30, 2024 | 41.82 Mn |
| Mar 31, 2024 | 46.85 Mn |
| Dec 31, 2023 | 50.69 Mn |
| Sep 30, 2023 | 30.91 Mn |
| Jun 30, 2023 | 34.30 Mn |
| Mar 31, 2023 | 33.11 Mn |
| Dec 31, 2022 | 55.99 Mn |
| Sep 30, 2022 | 66.87 Mn |
| Jun 30, 2022 | 66.58 Mn |
| Mar 31, 2022 | 46.94 Mn |
| Dec 31, 2021 | 67.58 Mn |
| Sep 30, 2021 | 67.68 Mn |
| Jun 30, 2021 | 54.05 Mn |