Safe Bulkers (SB) Interest Expenses (2009 - 2026)

Safe Bulkers (SB) posted Interest Expenses of -$6.5 million for Q1 2026, down 118.57% on a QoQ basis from $35.2 million in Q4 2025, and up 11.71% year-over-year from -$5.8 million in Q1 2025.

Safe Bulkers (SB) Interest Expenses (2009 - 2026) Analysis & Trends

Safe Bulkers' Interest Expenses history runs 18 years deep, the most recent figure standing at -$6.5 million for Q1 2026.

  • Quarterly Interest Expenses rose 11.71% year-over-year to -$6.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.2 million (up 124.48% YoY) and the FY2025 annual result came in at $35.2 million, up 12.18% from the prior year.
  • Interest Expenses was -$6.5 million for Q1 2026 at Safe Bulkers, down from $35.2 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $35.2 million in Q4 2025 and bottomed at -$31.4 million in Q4 2024.
  • A 5-year average of -$6.4 million and a median of -$6.5 million in 2026 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses slumped 321.12% — and 2025, when it surged 212.18%.
  • Safe Bulkers' Interest Expenses stood at -$5.9 million in 2022, then sank by 321.12% to -$24.7 million in 2023, then fell by 26.99% to -$31.4 million in 2024, then jumped by 212.18% to $35.2 million in 2025, then tumbled by 118.57% to -$6.5 million in 2026.
  • Business Quant data shows SB's Interest Expenses at -$6.5 million in Q1 2026, $35.2 million in Q4 2025, and -$7.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -112.20 Mn
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 23.11 Mn
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn -38.14 Mn
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn -23.03 Mn
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -1.59 Mn
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 3.48 Mn
7 Matson 6.26 Bn 6.16 Bn - 407.70 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -12.94 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Safe Bulkers 768.80 Mn 597.03 Mn 53.24 Mn -6.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.54 Mn
Mar 31, 2026 -6.54 Mn
Dec 31, 2025 35.20 Mn
Dec 31, 2025 35.20 Mn
Sep 30, 2025 -7.59 Mn
Sep 30, 2025 -7.59 Mn
Jun 30, 2025 -7.84 Mn
Jun 30, 2025 -7.84 Mn
Mar 31, 2025 -7.40 Mn
Mar 31, 2025 -7.40 Mn
Dec 31, 2024 -31.38 Mn
Dec 31, 2024 -31.38 Mn
Sep 30, 2024 -7.68 Mn
Sep 30, 2024 -7.68 Mn
Jun 30, 2024 -7.57 Mn
Jun 30, 2024 -7.57 Mn
Mar 31, 2024 -8.27 Mn
Mar 31, 2024 -8.27 Mn
Dec 31, 2023 -24.71 Mn
Dec 31, 2023 -24.71 Mn