Safe Bulkers (SB) Gross Profit (2009 - 2025)
Safe Bulkers (SB) reported Gross Profit of -$24.8 million for Q4 2025, down 17.39% on a YoY basis from -$30.0 million in Q4 2024, and down 148.37% quarter-over-quarter from $51.2 million in Q3 2025.
Safe Bulkers (SB) Gross Profit (2009 - 2025) Analysis & Trends
Safe Bulkers has reported Gross Profit for 17 years, with the latest figure at -$24.8 million in Q4 2025.
- For the quarter ending Q4 2025, Gross Profit fell 17.39% year-over-year to -$24.8 million; the trailing twelve-month figure through Dec 2025 stood at $104.6 million (down 27.25% YoY), and the FY2025 full-year result was $178.4 million, down 17.04% from the prior year.
- Gross Profit for Q4 2025 stood at -$24.8 million, down from $51.2 million in the prior quarter.
- The five-year high for Gross Profit was $75.3 million in Q3 2021, with the low at -$24.8 million in Q4 2025.
- Historically, Gross Profit has averaged $45.0 million across 5 years, with a median of $52.0 million in 2024.
- Annual changes were most pronounced in 2021 — Gross Profit soared 128.13% — and 2024, when it slumped 205.4%.
- Safe Bulkers' Gross Profit stood at $73.9 million in 2021, then declined by 11.85% to $65.1 million in 2022, then plunged by 110.62% to -$6.9 million in 2023, then tumbled by 205.4% to -$21.1 million in 2024, then declined by 17.39% to -$24.8 million in 2025.
- The last three Gross Profit figures came in at -$24.8 million (Q4 2025), $51.2 million (Q3 2025), and $37.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Safe Bulkers | 1,950.00 | -146.39 Mn | -24.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -24.78 Mn |
| Dec 31, 2025 | -24.78 Mn |
| Sep 30, 2025 | 51.23 Mn |
| Sep 30, 2025 | 51.23 Mn |
| Jun 30, 2025 | 37.64 Mn |
| Jun 30, 2025 | 37.64 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Dec 31, 2024 | -21.11 Mn |
| Dec 31, 2024 | -21.11 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Jun 30, 2024 | 52.70 Mn |
| Jun 30, 2024 | 52.70 Mn |
| Mar 31, 2024 | 58.36 Mn |
| Mar 31, 2024 | 58.36 Mn |
| Dec 31, 2023 | -6.91 Mn |
| Dec 31, 2023 | -6.91 Mn |
| Sep 30, 2023 | 42.90 Mn |
| Sep 30, 2023 | 42.90 Mn |