Safe Bulkers (SB) EBT Margin (2009 - 2025)
Safe Bulkers (SB) reported EBT Margin of 67.6% for Q4 2025, down 1075.0% on a YoY basis from 6.93% in Q4 2024, and up 33.81% quarter-over-quarter from 50.52% in Q3 2025.
Safe Bulkers (SB) EBT Margin (2009 - 2025) Analysis & Trends
Safe Bulkers has reported EBT Margin for 17 years, with the latest figure at 67.6% in Q4 2025.
- For the quarter ending Q4 2025, EBT Margin fell 1075.0% year-over-year to 67.6%; the trailing twelve-month figure through Dec 2025 stood at 77.11% (up 166.0% YoY), and the FY2025 full-year result was 16.23%, down 1642.0% from the prior year.
- EBT Margin for Q4 2025 stood at 67.6%, up from 50.52% in the prior quarter.
- The five-year high for EBT Margin was 78.35% in Q4 2024, with the low at 31.43% in Q2 2025.
- Historically, EBT Margin has averaged 55.66% across 5 years, with a median of 53.49% in 2021.
- Annual changes were most pronounced in 2021 — EBT Margin soared 5428 bps — and 2025, when it plunged 2418 bps.
- Safe Bulkers' EBT Margin stood at 74.15% in 2021, then retreated by 29 bps to 52.64% in 2022, then jumped by 43 bps to 75.26% in 2023, then grew by 4 bps to 78.35% in 2024, then fell by 14 bps to 67.6% in 2025.
- The last three EBT Margin figures came in at 67.6% (Q4 2025), 50.52% (Q3 2025), and 31.43% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 47.32% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 14.58% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 8.96% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 47.82% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | -16.74% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -7.03% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 59.58% |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 89.55% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Safe Bulkers | 1,950.00 | -146.39 Mn | -24.78 Mn | 67.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 67.60% |
| Sep 30, 2025 | 50.52% |
| Jun 30, 2025 | 31.43% |
| Mar 31, 2025 | 36.59% |
| Dec 31, 2024 | 78.35% |
| Sep 30, 2024 | 58.54% |
| Jun 30, 2024 | 55.61% |
| Mar 31, 2024 | 53.95% |
| Dec 31, 2023 | 75.26% |
| Sep 30, 2023 | 44.03% |
| Jun 30, 2023 | 39.80% |
| Mar 31, 2023 | 45.98% |
| Dec 31, 2022 | 52.64% |
| Sep 30, 2022 | 63.23% |
| Jun 30, 2022 | 63.38% |
| Mar 31, 2022 | 50.45% |
| Dec 31, 2021 | 74.15% |
| Sep 30, 2021 | 67.69% |
| Jun 30, 2021 | 53.03% |
| Mar 31, 2021 | 50.98% |