Safe Bulkers (SB) FCF Payout Ratio (2012 - 2025)

Safe Bulkers (SB) reported FCF Payout Ratio of 0.28 for Q4 2025, down 23.68% on a YoY basis from 0.37 in Q4 2024, and down 23.68% quarter-over-quarter from 0.23 in Q4 2024.

Safe Bulkers (SB) FCF Payout Ratio (2012 - 2025) Analysis & Trends

Safe Bulkers has reported FCF Payout Ratio for 10 years, with the latest figure at 0.28 in Q4 2025.

  • For the quarter ending Q4 2025, FCF Payout Ratio fell 23.68% year-over-year to 0.28; the trailing twelve-month figure through Dec 2025 stood at 0.89 (down 77.76% YoY), and the FY2025 full-year result was 0.47, up 123.03% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.28, down from 0.23 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 8.18 in Q3 2021, with the low at 0.28 in Q4 2025.
  • Historically, FCF Payout Ratio has averaged 1.48 across 4 years, with a median of 0.23 in 2024.
  • Annual changes were most pronounced in 2021 — FCF Payout Ratio surged 4848.27% — and 2025, when it fell 23.68%.
  • Safe Bulkers' FCF Payout Ratio stood at 0.01 in 2021, then tumbled by 1602.81% to 0.25 in 2023, then climbed by 9.92% to 0.23 in 2024, then decreased by 23.68% to 0.28 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.28 (Q4 2025), 0.23 (Q4 2024), and 0.25 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn -
3 Matson 5.69 Bn 5.59 Bn - 0.14
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -0.38
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 3.33
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -0.36
7 Costamare 1.93 Bn 1.42 Bn - -0.17
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -0.01
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Safe Bulkers 1,950.00 -146.39 Mn -24.78 Mn -0.28

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.28
Dec 31, 2024 -0.23
Dec 31, 2023 -0.25
Dec 31, 2021 -0.01
Sep 30, 2021 8.18
Dec 31, 2020 -0.09
Sep 30, 2020 -0.17
Dec 31, 2018 0.00
Dec 31, 2016 0.03
Sep 30, 2016 -0.19
Dec 31, 2015 0.02
Sep 30, 2015 -0.10
Dec 31, 2013 -0.29
Dec 31, 2012 -0.63