Safe Bulkers (SB) EBITDA Margin (2009 - 2026)
Safe Bulkers' (SB) quarterly EBITDA Margin came in at 57.49% in Q2 2026, up 1874.0% YoY from 2.91% in Q2 2025, and up 4.99% on a QoQ basis from 54.76% in Q1 2026.
Safe Bulkers (SB) EBITDA Margin (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of EBITDA Margin data on file, last reported at 57.49% in Q2 2026.
- Quarterly EBITDA Margin rose 1874.0% year-over-year to 57.49% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 53.51% (up 420.0% YoY) and the FY2025 annual result came in at 46.56%, down 892.0% from the prior year.
- EBITDA Margin improved to 57.49% in Q2 2026, from 54.76% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 72.69% in Q2 2022 to a low of 38.75% in Q2 2025.
- A 5-year average of 55.34% and a median of 54.57% in 2026 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin sank 2411 bps — and 2026, when it soared 1874 bps.
- Tracing SB's EBITDA Margin over 5 years: stood at 64.61% in 2022, then slipped by 5 bps to 61.6% in 2023, then declined by 8 bps to 56.92% in 2024, then decreased by 10 bps to 51.51% in 2025, then grew by 12 bps to 57.49% in 2026.
- The last three EBITDA Margin figures came in at 57.49% (Q2 2026), 54.76% (Q1 2026), and 51.51% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 13.27% |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 16.39% |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 66.68% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | -23.34% |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 33.15% |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 68.94% |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 59.58% |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 96.95% |
| 10 | Safe Bulkers | 826.18 Mn | 683.27 Mn | 62.00 Mn | 57.49% |
Historic Data
Download 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% |