Safe Bulkers SB
NYSE SB
$8.94 -0.23 (-2.45%)
As of: Sep 8, 2026 · 3:59 PM EDT

Safe Bulkers (SB) Gross Margin (2009 - 2026)

Safe Bulkers' (SB) quarterly Gross Margin came in at 70.89% in Q2 2026, up 1364.0% on a YoY basis from 4.84% in Q2 2025, and down 0.94% quarter-over-quarter from 71.57% in Q1 2026.

Analysis

Safe Bulkers (SB) Gross Margin (2009 - 2026) Analysis & Trends

Safe Bulkers (SB) has reported Gross Margin for 18 consecutive years, with 70.89% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 1364.0% year-over-year to 70.89%; the trailing twelve-month figure through Jun 2026 stood at 46.08% (up 615.0% YoY), and the FY2025 full-year result was 64.7%, down 520.0% from the prior year.
  • Gross Margin fell to 70.89% in Q2 2026 per SB's latest filing, from 71.57% in the prior quarter.
  • Across five years, Gross Margin topped out at 95.88% in Q4 2022 and bottomed at 34.15% in Q4 2025.
  • Historically, Gross Margin has averaged 55.29% across 5 years, with a median of 68.68% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1598 bps in 2022, then sank 10428 bps in 2023.
  • Over 5 years, Gross Margin stood at 95.88% in 2022, then tumbled by 109 bps to 8.4% in 2023, then sank by 252 bps to 29.53% in 2024, then declined by 16 bps to 34.15% in 2025, then soared by 308 bps to 70.89% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 70.89%, 71.57%, and 34.15% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 31.53%
3 Matson 6.76 Bn 6.64 Bn - -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 99.97%
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 45.71%
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 79.33%
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 84.14%
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 14.32%
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 83.88%
10 Safe Bulkers 922.29 Mn 787.76 Mn 62.00 Mn 70.89%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 70.89%
Mar 31, 2026 71.57%
Dec 31, 2025 -34.15%
Sep 30, 2025 70.11%
Jun 30, 2025 57.25%
Mar 31, 2025 62.91%
Dec 31, 2024 -29.53%
Sep 30, 2024 70.86%
Jun 30, 2024 67.09%
Mar 31, 2024 71.46%
Dec 31, 2023 -8.40%
Sep 30, 2023 66.36%
Jun 30, 2023 63.27%
Mar 31, 2023 67.25%
Dec 31, 2022 95.88%
Sep 30, 2022 78.99%
Jun 30, 2022 79.69%
Mar 31, 2022 73.80%
Dec 31, 2021 79.90%
Sep 30, 2021 81.43%