Safe Bulkers (SB) EBITDA (2009 - 2026)
Safe Bulkers' (SB) quarterly EBITDA came in at $50.3 million in Q2 2026, up 97.38% on a YoY basis from $25.5 million in Q2 2025, and up 23.44% quarter-over-quarter from $40.7 million in Q1 2026.
Analysis
Safe Bulkers (SB) EBITDA (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported EBITDA for 18 consecutive years, with $50.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA rose 97.38% year-over-year to $50.3 million; the trailing twelve-month figure through Jun 2026 stood at $164.5 million (up 20.24% YoY), and the FY2025 full-year result was $128.4 million, down 24.77% from the prior year.
- EBITDA advanced to $50.3 million in Q2 2026 per SB's latest filing, from $40.7 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.
- Historically, EBITDA has averaged $43.1 million across 5 years, with a median of $41.0 million in 2024.
- The sharpest annual moves came in 2023 and 2026: EBITDA tumbled 53.77% in 2023, then surged 97.38% in 2026.
- Over 5 years, 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 jumped by 34.51% to $50.3 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $50.3 million, $40.7 million, and $37.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 742.84 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 | 287.33 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 655.01 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 300.50 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -167.80 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 115.25 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | 50.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.28 Mn |
| 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 |