Safe Bulkers (SB) Interest Coverage Ratio (2009 - 2026)
Safe Bulkers' (SB) Interest Coverage Ratio stood at 6.58 in the quarter ended Jun 30, 2026, up 391.6% from 1.34 a year earlier and up 62.4% from the prior quarter.
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Analysis
Safe Bulkers (SB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Safe Bulkers' Interest Coverage Ratio came in at 2.20 as of Jun 30, 2026, up 41.3% year-over-year; for the year ended Dec 31, 2025, it came in at 6.31, up 54.1% from the prior year.
- Across earlier years, Interest Coverage Ratio came in at 4.09 in the year ended Dec 31, 2024 (-2.9%), 4.22 in the year ended Dec 31, 2023 (-60.9%), 10.77 in the year ended Dec 31, 2022 (-17.2%) and 13.00 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Interest Coverage Ratio since the quarter ended Dec 31, 2022.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with growth averaging 38.8%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 797.8% in the quarter ended Sep 30, 2021, against a decline of 77.8% in the quarter ended Dec 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.05 (quarter ended Mar 31, 2026), 0.62 (quarter ended Dec 31, 2025) and 3.40 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 8.83 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 5.71 |
| 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 | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 38.62 |
| 10 | Safe Bulkers | 843.64 Mn | 342.54 Mn | 86.76 Mn | 6.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.58 |
| Mar 31, 2026 | 4.05 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 3.40 |
| Jun 30, 2025 | 1.34 |
| Mar 31, 2025 | 2.02 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 4.48 |
| Jun 30, 2024 | 4.55 |
| Mar 31, 2024 | 4.22 |
| Dec 31, 2023 | 1.51 |
| Sep 30, 2023 | 3.35 |
| Jun 30, 2023 | 3.75 |
| Mar 31, 2023 | 4.42 |
| Dec 31, 2022 | 6.78 |
| Sep 30, 2022 | 11.10 |
| Jun 30, 2022 | 15.51 |
| Mar 31, 2022 | 12.59 |
| Dec 31, 2021 | 22.69 |
| Sep 30, 2021 | 16.81 |
API Access
Safe Bulkers Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();