Safe Bulkers SB
NYSE SB
$8.94 -0.23 (-2.45%)
As of: Sep 8, 2026 · 3:59 PM EDT

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% on a YoY basis from -$5.0 million in Q2 2025, and up 6.92% quarter-over-quarter from -$6.5 million in Q1 2026.

Analysis

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

Safe Bulkers (SB) has reported Interest Expenses for 18 consecutive years, with -$6.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Expenses rose 22.42% year-over-year to -$6.1 million; the trailing twelve-month figure through Jun 2026 stood at -$50.6 million (up 6.9% YoY), and the FY2025 full-year result was -$30.3 million, up 3.29% from the prior year.
  • Interest Expenses grew to -$6.1 million in Q2 2026 per SB's latest filing, from -$6.5 million in the prior quarter.
  • Across five years, Interest Expenses topped out at -$2.9 million in Q1 2022 and bottomed at -$31.4 million in Q4 2024.
  • Historically, Interest Expenses has averaged -$10.0 million across 5 years, with a median of -$7.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses jumped 32.13% in 2022, then plunged 321.12% in 2023.
  • Over 5 years, 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 rose by 3.29% to -$30.3 million in 2025, then surged by 79.95% to -$6.1 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$6.1 million, -$6.5 million, and -$30.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -35.23 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 10.98 Mn
3 Matson 6.76 Bn 6.64 Bn - 1.60 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 10.56 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -10.19 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -157.87 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -36.10 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -107.70 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn -12.45 Mn
10 Safe Bulkers 922.29 Mn 787.76 Mn 62.00 Mn -6.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.08 Mn
Mar 31, 2026 -6.54 Mn
Dec 31, 2025 -30.34 Mn
Sep 30, 2025 -7.59 Mn
Jun 30, 2025 -7.84 Mn
Mar 31, 2025 -7.40 Mn
Dec 31, 2024 -31.38 Mn
Sep 30, 2024 -7.68 Mn
Jun 30, 2024 -7.57 Mn
Mar 31, 2024 -8.27 Mn
Dec 31, 2023 -24.71 Mn
Sep 30, 2023 -6.16 Mn
Jun 30, 2023 -5.74 Mn
Mar 31, 2023 -5.61 Mn
Dec 31, 2022 -5.87 Mn
Sep 30, 2022 -4.87 Mn
Jun 30, 2022 -3.51 Mn
Mar 31, 2022 -2.89 Mn
Dec 31, 2021 -2.89 Mn
Sep 30, 2021 -3.51 Mn