Safe Bulkers (SB) Interest Expenses (2009 - 2026)
Safe Bulkers' (SB) quarterly Interest Expenses came in at -$6.1 million in Q2 2026, up 22.42% YoY from -$5.0 million in Q2 2025, and up 6.92% on a QoQ basis from -$6.5 million in Q1 2026.
Safe Bulkers (SB) Interest Expenses (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of Interest Expenses data on file, last reported at -$6.1 million in Q2 2026.
- Quarterly Interest Expenses rose 22.42% year-over-year to -$6.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $15.0 million (up 127.6% YoY) and the FY2025 annual result came in at $35.2 million, up 212.18% from the prior year.
- Interest Expenses climbed to -$6.1 million in Q2 2026, from -$6.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $35.2 million in Q4 2025 to a low of -$31.4 million in Q4 2024.
- A 5-year average of -$6.4 million and a median of -$6.3 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses tumbled 321.12% — and 2025, when it surged 212.18%.
- Tracing SB's Interest Expenses over 5 years: stood at -$5.9 million in 2022, then tumbled by 321.12% to -$24.7 million in 2023, then dropped by 26.99% to -$31.4 million in 2024, then surged by 212.18% to $35.2 million in 2025, then plunged by 117.28% to -$6.1 million in 2026.
- The last three Interest Expenses figures came in at -$6.1 million (Q2 2026), -$6.5 million (Q1 2026), and $35.2 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Safe Bulkers | 826.69 Mn | 683.78 Mn | 62.00 Mn | -12.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.08 Mn |
| Jun 30, 2026 | -6.08 Mn |
| 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 |