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
DateValue
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