Safe Bulkers (SB) Operating Income (2009 - 2026)
Safe Bulkers (SB) recorded Operating Income of $40.02 million in the quarter ended Jun 30, 2026, up 281.4% from $10.49 million a year earlier and up 51.2% from the prior quarter.
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Analysis
Safe Bulkers (SB) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Safe Bulkers' Operating Income came in at $111.05 million as of Jun 30, 2026, up 31.5% year-over-year; for the year ended Dec 31, 2025, it was $191.42 million, up 49.0% from the prior year.
- Annual Operating Income has a five-year compound annual growth rate of 78.8% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Income came in at $128.43 million in the year ended Dec 31, 2024 (+23.3%), $104.15 million in the year ended Dec 31, 2023 (-43.6%), $184.65 million in the year ended Dec 31, 2022 (-3.5%) and $191.42 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Operating Income since the quarter ended Sep 30, 2022.
- On a year-over-year basis, Operating Income rose in three of the last eight quarters, with growth averaging 27.0%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 584.3% in the quarter ended Sep 30, 2021, against a decline of 69.6% in the quarter ended Jun 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $26.47 million (quarter ended Mar 31, 2026), $18.72 million (quarter ended Dec 31, 2025) and $25.85 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.76 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.51 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.06 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 930.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.12 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 1.86 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 465.30 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 668.82 Mn |
| 10 | Safe Bulkers | 843.64 Mn | 342.54 Mn | 86.76 Mn | 40.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.02 Mn |
| Mar 31, 2026 | 26.47 Mn |
| Dec 31, 2025 | 18.72 Mn |
| Sep 30, 2025 | 25.85 Mn |
| Jun 30, 2025 | 10.49 Mn |
| Mar 31, 2025 | 14.92 Mn |
| Dec 31, 2024 | 24.64 Mn |
| Sep 30, 2024 | 34.39 Mn |
| Jun 30, 2024 | 34.47 Mn |
| Mar 31, 2024 | 34.93 Mn |
| Dec 31, 2023 | 37.22 Mn |
| Sep 30, 2023 | 20.63 Mn |
| Jun 30, 2023 | 21.54 Mn |
| Mar 31, 2023 | 24.76 Mn |
| Dec 31, 2022 | 39.75 Mn |
| Sep 30, 2022 | 54.09 Mn |
| Jun 30, 2022 | 54.49 Mn |
| Mar 31, 2022 | 36.33 Mn |
| Dec 31, 2021 | 65.65 Mn |
| Sep 30, 2021 | 59.03 Mn |
API Access
Safe Bulkers Operating Income 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=operating-income&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();