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| Date | Value |
|---|---|
| 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 |