Safe Bulkers (SB) FCF Payout Ratio (2012 - 2025)
Safe Bulkers' (SB) quarterly FCF Payout Ratio came in at 0.28 in Q4 2025, down 23.67% on a YoY basis from 0.37 in Q4 2024, and down 23.67% quarter-over-quarter from 0.23 in Q4 2024.
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Safe Bulkers (SB) FCF Payout Ratio (2012 - 2025) Analysis & Trends
Safe Bulkers (SB) has reported FCF Payout Ratio for 11 consecutive years, with 0.28 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, FCF Payout Ratio fell 23.67% year-over-year to 0.28; the trailing twelve-month figure through Dec 2025 stood at 1.06 (down 110.59% YoY), and the FY2025 full-year result was 0.13, up 41.99% from the prior year.
- FCF Payout Ratio slipped to 0.28 in Q4 2025 per SB's latest filing, from 0.23 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.21 in Q3 2021 and bottomed at 0.31 in Q4 2021.
- Historically, FCF Payout Ratio has averaged 0.17 across 4 years, with a median of 0.25 in 2023.
- The widest YoY moves for FCF Payout Ratio: up 51.07% in 2021, down 76.15% in 2021.
- Over 4 years, FCF Payout Ratio stood at 0.31 in 2021, then increased by 19.6% to 0.25 in 2023, then grew by 9.91% to 0.23 in 2024, then fell by 23.67% to 0.28 in 2025.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.28, 0.23, and 0.25 for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.60 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.84 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.45 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.07 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 2.77 |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -0.28 |
| Dec 31, 2024 | -0.23 |
| Dec 31, 2023 | -0.25 |
| Dec 31, 2021 | -0.31 |
| Sep 30, 2021 | 0.21 |
| Dec 31, 2020 | -0.64 |
| Sep 30, 2020 | 0.88 |
| Jun 30, 2019 | 0.01 |
| Dec 31, 2018 | 0.00 |
| Dec 31, 2016 | -259.33 |
| Sep 30, 2016 | -0.45 |
| Dec 31, 2015 | -0.64 |
| Sep 30, 2015 | -0.37 |
| Dec 31, 2013 | -0.17 |
| Dec 31, 2012 | -0.11 |