Safe Bulkers SB
NYSE SB
$8.94 -0.23 (-2.45%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%