Safe Bulkers (SB) Non Operating Interest Expenses (2009 - 2026)
Safe Bulkers' (SB) quarterly Non Operating Interest Expenses came in at -$6.1 million in Q2 2026, up 22.42% on a YoY basis from -$5.0 million in Q2 2025, and up 6.92% quarter-over-quarter from -$6.5 million in Q1 2026.
Analysis
Safe Bulkers (SB) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported Non Operating Interest Expenses for 18 consecutive years, with -$6.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses rose 22.42% year-over-year to -$6.1 million; the trailing twelve-month figure through Jun 2026 stood at -$50.6 million (up 6.9% YoY), and the FY2025 full-year result was -$30.3 million, up 3.29% from the prior year.
- Non Operating Interest Expenses grew to -$6.1 million in Q2 2026 per SB's latest filing, from -$6.5 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at -$2.9 million in Q1 2022 and bottomed at -$31.4 million in Q4 2024.
- Historically, Non Operating Interest Expenses has averaged -$10.0 million across 5 years, with a median of -$7.0 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Non Operating Interest Expenses jumped 32.13% in 2022, then plunged 321.12% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at -$5.9 million in 2022, then sank by 321.12% to -$24.7 million in 2023, then fell by 26.99% to -$31.4 million in 2024, then rose by 3.29% to -$30.3 million in 2025, then surged by 79.95% to -$6.1 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$6.1 million, -$6.5 million, and -$30.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -36.10 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -107.70 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | -12.45 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | -6.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.08 Mn |
| Mar 31, 2026 | -6.54 Mn |
| Dec 31, 2025 | -30.34 Mn |
| Sep 30, 2025 | -7.59 Mn |
| Jun 30, 2025 | -7.84 Mn |
| Mar 31, 2025 | -7.40 Mn |
| Dec 31, 2024 | -31.38 Mn |
| Sep 30, 2024 | -7.68 Mn |
| Jun 30, 2024 | -7.57 Mn |
| Mar 31, 2024 | -8.27 Mn |
| Dec 31, 2023 | -24.71 Mn |
| Sep 30, 2023 | -6.16 Mn |
| Jun 30, 2023 | -5.74 Mn |
| Mar 31, 2023 | -5.61 Mn |
| Dec 31, 2022 | -5.87 Mn |
| Sep 30, 2022 | -4.87 Mn |
| Jun 30, 2022 | -3.51 Mn |
| Mar 31, 2022 | -2.89 Mn |
| Dec 31, 2021 | -2.89 Mn |
| Sep 30, 2021 | -3.51 Mn |