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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 29.04% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 25.46% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.59% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 2.65% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 21.18% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.39% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 8.12% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 22.56% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 12.26% |
| 10 | Safe Bulkers | 843.64 Mn | 342.54 Mn | 86.76 Mn | 36.35% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.35% |
| Mar 31, 2026 | 24.08% |
| Dec 31, 2025 | 12.95% |
| Sep 30, 2025 | 15.57% |
| Jun 30, 2025 | -0.44% |
| Mar 31, 2025 | 7.80% |
| Dec 31, 2024 | 21.65% |
| Sep 30, 2024 | 21.43% |
| Jun 30, 2024 | 31.23% |
| Mar 31, 2024 | 26.14% |
| Dec 31, 2023 | 29.96% |
| Sep 30, 2023 | 13.62% |
| Jun 30, 2023 | 18.18% |
| Mar 31, 2023 | 17.57% |
| Dec 31, 2022 | 36.48% |
| Sep 30, 2022 | 48.03% |
| Jun 30, 2022 | 50.44% |
| Mar 31, 2022 | 36.48% |
| Dec 31, 2021 | 49.40% |
| Sep 30, 2021 | 49.50% |
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_KEY
import 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();