Safe Bulkers (SB) Gross Margin (2009 - 2026)
Safe Bulkers (SB) posted Gross Margin of 95.10% for the quarter ended Jun 30, 2026, up 1.43 percentage points from 93.68% a year earlier and up 1.73 percentage points from the prior quarter.
Safe Bulkers (SB) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Safe Bulkers was 88.66%, down 0.73 percentage points year-over-year; for the year ended Dec 31, 2025, it was 93.25%, down 1.53 percentage points from the prior year.
- Annual Gross Margin shows a five-year change of +13.43 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Safe Bulkers' Gross Margin was 94.78% in the year ended Dec 31, 2024 (+2.12 pp), 92.67% in the year ended Dec 31, 2023 (-4.60 pp), 97.26% in the year ended Dec 31, 2022 (+0.10 pp) and 97.16% in the year ended Dec 31, 2021 (+17.34 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Gross Margin since the quarter ended Dec 31, 2022.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.23 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Dec 31, 2021, with a gain of 8.18 percentage points; the weakest was the quarter ended Dec 31, 2023, with a drop of 22.09 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 93.37% (quarter ended Mar 31, 2026), 74.39% (quarter ended Dec 31, 2025) and 90.38% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Safe Bulkers | 843.64 Mn | 342.54 Mn | 86.76 Mn | 95.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.10% |
| Mar 31, 2026 | 93.37% |
| Dec 31, 2025 | 74.39% |
| Sep 30, 2025 | 90.38% |
| Jun 30, 2025 | 93.68% |
| Mar 31, 2025 | 93.72% |
| Dec 31, 2024 | 77.55% |
| Sep 30, 2024 | 93.16% |
| Jun 30, 2024 | 94.98% |
| Mar 31, 2024 | 94.28% |
| Dec 31, 2023 | 74.65% |
| Sep 30, 2023 | 91.14% |
| Jun 30, 2023 | 94.24% |
| Mar 31, 2023 | 91.47% |
| Dec 31, 2022 | 96.74% |
| Sep 30, 2022 | 98.38% |
| Jun 30, 2022 | 98.83% |
| Mar 31, 2022 | 94.65% |
| Dec 31, 2021 | 99.51% |
| Sep 30, 2021 | 98.47% |
Safe Bulkers Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();