Safe Bulkers (SB) Net Income (2009 - 2026)
Safe Bulkers (SB) reported Net Income of $50.28 million for the quarter ended Jun 30, 2026, up 97.4% from $25.48 million a year earlier and up 23.4% from the prior quarter.
Safe Bulkers (SB) Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Safe Bulkers' Net Income came in at $164.54 million, up 20.2% year-over-year; for the year ended Dec 31, 2025, it came in at $128.37 million, down 24.8% from the prior year.
- By year, Net Income came in at $170.65 million in the year ended Dec 31, 2024 (+120.6%), $77.35 million in the year ended Dec 31, 2023 (-55.2%), $172.55 million in the year ended Dec 31, 2022 (-1.0%) and $174.35 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Net Income since the quarter ended Dec 31, 2023.
- Year over year, Net Income gained in three of the last eight quarters, with growth averaging 6.6%.
- The high point for year-over-year Net Income in five years was the quarter ended Dec 31, 2021 (growth of 756.4%); the low point was the quarter ended Sep 30, 2023 (a decline of 53.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $40.73 million (quarter ended Mar 31, 2026), $37.38 million (quarter ended Dec 31, 2025) and $36.14 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 1.99 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 1.00 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 740.28 Mn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 604.00 Mn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 734.00 Mn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 1.60 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 350.60 Mn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 625.00 Mn |
| 10 | Safe Bulkers | 847.73 Mn | 346.63 Mn | 86.76 Mn | 50.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.28 Mn |
| Mar 31, 2026 | 40.73 Mn |
| Dec 31, 2025 | 37.38 Mn |
| Sep 30, 2025 | 36.14 Mn |
| Jun 30, 2025 | 25.48 Mn |
| Mar 31, 2025 | 29.38 Mn |
| Dec 31, 2024 | 40.69 Mn |
| Sep 30, 2024 | 41.29 Mn |
| Jun 30, 2024 | 41.82 Mn |
| Mar 31, 2024 | 46.85 Mn |
| Dec 31, 2023 | 50.69 Mn |
| Sep 30, 2023 | 30.91 Mn |
| Jun 30, 2023 | 34.30 Mn |
| Mar 31, 2023 | 33.11 Mn |
| Dec 31, 2022 | 55.99 Mn |
| Sep 30, 2022 | 66.87 Mn |
| Jun 30, 2022 | 66.58 Mn |
| Mar 31, 2022 | 46.94 Mn |
| Dec 31, 2021 | 65.21 Mn |
| Sep 30, 2021 | 55.38 Mn |
Safe Bulkers Net Income 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=net-income&ticker=SB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();