Safe Bulkers (SB) Net Margin (2009 - 2026)
Safe Bulkers (SB) posted Net Margin of 27.16% for Q1 2026, up 100.38% on a QoQ basis from 13.56% in Q4 2025, and up 1901.0% year-over-year from 1.36% in Q1 2025.
Safe Bulkers (SB) Net Margin (2009 - 2026) Analysis & Trends
Safe Bulkers' Net Margin history runs 18 years deep, the most recent figure standing at 27.16% for Q1 2026.
- Quarterly Net Margin rose 1901.0% year-over-year to 27.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.93% (down 864.0% YoY) and the FY2025 annual result came in at 11.08%, down 1797.0% from the prior year.
- Net Margin was 27.16% for Q1 2026 at Safe Bulkers, up from 13.56% in the prior quarter.
- Across five years, Net Margin topped out at 52.51% in Q2 2022 and bottomed at 0.46% in Q2 2025.
- A 5-year average of 27.53% and a median of 27.16% in 2026 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin sank 3355 bps — and 2026, when it surged 1901 bps.
- Safe Bulkers' Net Margin stood at 37.93% in 2022, then decreased by 18 bps to 31.12% in 2023, then dropped by 22 bps to 24.28% in 2024, then slumped by 44 bps to 13.56% in 2025, then soared by 100 bps to 27.16% in 2026.
- Business Quant data shows SB's Net Margin at 27.16% in Q1 2026, 13.56% in Q4 2025, and 21.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -6.18% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 55.35% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 20.42% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 22.48% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 13,075.78% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 10.80% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 7.47% |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 49.85% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Safe Bulkers | 768.80 Mn | 597.03 Mn | 53.24 Mn | 27.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.16% |
| Dec 31, 2025 | 13.56% |
| Sep 30, 2025 | 21.60% |
| Jun 30, 2025 | -0.46% |
| Mar 31, 2025 | 8.15% |
| Dec 31, 2024 | 24.28% |
| Sep 30, 2024 | 30.46% |
| Jun 30, 2024 | 32.59% |
| Mar 31, 2024 | 28.53% |
| Dec 31, 2023 | 31.12% |
| Sep 30, 2023 | 20.18% |
| Jun 30, 2023 | 18.95% |
| Mar 31, 2023 | 25.90% |
| Dec 31, 2022 | 37.93% |
| Sep 30, 2022 | 52.27% |
| Jun 30, 2022 | 52.51% |
| Mar 31, 2022 | 43.24% |
| Dec 31, 2021 | 67.57% |
| Sep 30, 2021 | 56.90% |
| Jun 30, 2021 | 36.41% |