Safe Bulkers (SB) Net Margin (2009 - 2026)
Safe Bulkers' Net Margin was 36.35% in the quarter ended Jun 30, 2026, up 36.79 percentage points from -0.44% a year earlier and up 12.27 percentage points from the prior quarter.
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Analysis
Safe Bulkers (SB) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Safe Bulkers' Net Margin was 22.91% through Jun 30, 2026, up 9.77 percentage points year-over-year; for the year ended Dec 31, 2025, it was 10.61%, down 17.26 percentage points from the prior year.
- Net Margin shows a five-year change of +16.87 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was 27.87% in the year ended Dec 31, 2024 (+4.39 pp), 23.48% in the year ended Dec 31, 2023 (-21.45 pp), 44.93% in the year ended Dec 31, 2022 (-2.69 pp) and 47.62% in the year ended Dec 31, 2021 (+53.88 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Net Margin since the quarter ended Dec 31, 2022.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -1.50 percentage points.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Sep 30, 2021 (a gain of 49.37 percentage points); the worst was the quarter ended Sep 30, 2023 (a drop of 34.41 percentage points).
- Per Business Quant data, SB's Net Margin in the three quarters before the quarter ended Jun 30, 2026 was 24.08% (quarter ended Mar 31, 2026), 12.95% (quarter ended Dec 31, 2025) and 15.57% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.61 Bn | 165.14 Bn | - | 29.04% |
| 2 | Csx | 89.25 Bn | 85.46 Bn | - | 25.46% |
| 3 | United Parcel Service | 83.99 Bn | 60.88 Bn | - | 2.65% |
| 4 | Canadian Pacific Kansas City | 77.18 Bn | 76.20 Bn | - | 24.59% |
| 5 | Norfolk Southern | 73.13 Bn | 67.78 Bn | - | 21.18% |
| 6 | Fedex | 71.07 Bn | 37.01 Bn | - | 6.39% |
| 7 | Delta Air Lines | 50.11 Bn | 32.30 Bn | - | 3.75% |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - | 22.56% |
| 9 | United Airlines Holdings | 31.88 Bn | -24.49 Bn | - | 4.56% |
| 10 | Safe Bulkers | 805.24 Mn | 328.09 Mn | 62.00 Mn | 37.91% |
Historic Data
Download Data
Historic 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% |
API Access
Safe Bulkers Net Margin 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-margin&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();