Safe Bulkers (SB) EBITDA Margin (2009 - 2026)
Safe Bulkers (SB) posted EBITDA Margin of 54.76% for Q1 2026, up 6.3% on a QoQ basis from 51.51% in Q4 2025, and up 910.0% year-over-year from 5.42% in Q1 2025.
Safe Bulkers (SB) EBITDA Margin (2009 - 2026) Analysis & Trends
Safe Bulkers' EBITDA Margin history runs 18 years deep, the most recent figure standing at 54.76% for Q1 2026.
- Quarterly EBITDA Margin rose 910.0% year-over-year to 54.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 48.89% (down 387.0% YoY) and the FY2025 annual result came in at 46.56%, down 892.0% from the prior year.
- EBITDA Margin was 54.76% for Q1 2026 at Safe Bulkers, up from 51.51% 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.
- A 5-year average of 55.21% and a median of 54.39% in 2024 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin plunged 2411 bps — and 2026, when it soared 910 bps.
- Safe Bulkers' 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 6 bps to 54.76% in 2026.
- Business Quant data shows SB's EBITDA Margin at 54.76% in Q1 2026, 51.51% in Q4 2025, and 49.46% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -23.34% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 70.49% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | -6.65% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 93.93% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 50.60% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 15.22% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 8.10% |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 66.68% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Safe Bulkers | 768.80 Mn | 597.03 Mn | 53.24 Mn | 54.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 66.26% |