Safe Bulkers (SB) EBITDA Margin (2009 - 2026)
Safe Bulkers' (SB) quarterly EBITDA Margin came in at 57.49% in Q2 2026, up 1874.0% on a YoY basis from 2.91% in Q2 2025, and up 4.99% quarter-over-quarter from 54.76% in Q1 2026.
Analysis
Safe Bulkers (SB) EBITDA Margin (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported EBITDA Margin for 18 consecutive years, with 57.49% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 1874.0% year-over-year to 57.49%; the trailing twelve-month figure through Jun 2026 stood at 53.51% (up 420.0% YoY), and the FY2025 full-year result was 46.56%, down 892.0% from the prior year.
- EBITDA Margin advanced to 57.49% in Q2 2026 per SB's latest filing, from 54.76% in the prior quarter.
- Across five years, EBITDA Margin topped out at 72.69% in Q2 2022 and bottomed at 38.75% in Q2 2025.
- Historically, EBITDA Margin has averaged 55.34% across 5 years, with a median of 54.57% in 2026.
- The sharpest annual moves came in 2023 and 2026: EBITDA Margin slumped 2411 bps in 2023, then jumped 1874 bps in 2026.
- Over 5 years, EBITDA Margin stood at 64.61% in 2022, then declined by 5 bps to 61.6% in 2023, then retreated by 8 bps to 56.92% in 2024, then dropped by 10 bps to 51.51% in 2025, then rose by 12 bps to 57.49% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 57.49%, 54.76%, and 51.51% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 78.75% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 16.39% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 35.22% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 53.53% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 73.52% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -9.42% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 32.25% |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | 57.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.49% |
| Mar 31, 2026 | 54.76% |
| Dec 31, 2025 | 51.51% |
| Sep 30, 2025 | 49.46% |
| Jun 30, 2025 | 38.75% |
| Mar 31, 2025 | 45.65% |
| Dec 31, 2024 | 56.92% |
| Sep 30, 2024 | 54.39% |
| Jun 30, 2024 | 53.24% |
| Mar 31, 2024 | 57.36% |
| Dec 31, 2023 | 61.60% |
| Sep 30, 2023 | 47.81% |
| Jun 30, 2023 | 48.57% |
| Mar 31, 2023 | 49.54% |
| Dec 31, 2022 | 64.61% |
| Sep 30, 2022 | 71.35% |
| Jun 30, 2022 | 72.69% |
| Mar 31, 2022 | 60.38% |
| Dec 31, 2021 | 73.11% |
| Sep 30, 2021 | 73.17% |