Safe Bulkers (SB) Net Margin (2009 - 2026)
Safe Bulkers' (SB) quarterly Net Margin came in at 37.91% in Q2 2026, up 3837.0% YoY from 0.96% in Q2 2025, and up 39.56% on a QoQ basis from 27.16% in Q1 2026.
Safe Bulkers (SB) Net Margin (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of Net Margin data on file, last reported at 37.91% in Q2 2026.
- Quarterly Net Margin rose 3837.0% year-over-year to 37.91% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.69% (up 932.0% YoY) and the FY2025 annual result came in at 11.08%, down 1797.0% from the prior year.
- Net Margin grew to 37.91% in Q2 2026, from 27.16% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 52.51% in Q2 2022 to a low of 0.46% in Q2 2025.
- A 5-year average of 28.1% and a median of 27.84% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin slumped 3355 bps — and 2026, when it surged 3837 bps.
- Tracing SB's Net Margin over 5 years: stood at 37.93% in 2022, then fell by 18 bps to 31.12% in 2023, then decreased by 22 bps to 24.28% in 2024, then plunged by 44 bps to 13.56% in 2025, then soared by 180 bps to 37.91% in 2026.
- The last three Net Margin figures came in at 37.91% (Q2 2026), 27.16% (Q1 2026), and 13.56% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 9.74% |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 13.35% |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 49.85% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | -6.18% |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 55.33% |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | -18,060,171.32% |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 107.50% |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 38.54% |
| 10 | Safe Bulkers | 826.18 Mn | 683.27 Mn | 62.00 Mn | 37.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.91% |
| 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% |