Safe Bulkers (SB) Profit After Tax (2009 - 2026)
Safe Bulkers (SB) posted Profit After Tax of $22.2 million for Q1 2026, up 87.6% on a QoQ basis from $11.8 million in Q4 2025, and up 206.5% year-over-year from $7.2 million in Q1 2025.
Safe Bulkers (SB) Profit After Tax (2009 - 2026) Analysis & Trends
Safe Bulkers' Profit After Tax history runs 18 years deep, the most recent figure standing at $22.2 million for Q1 2026.
- Quarterly Profit After Tax rose 206.5% year-over-year to $22.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $53.5 million (down 32.52% YoY) and the FY2025 annual result came in at $38.6 million, down 60.4% from the prior year.
- Profit After Tax was $22.2 million for Q1 2026 at Safe Bulkers, up from $11.8 million in the prior quarter.
- Across five years, Profit After Tax topped out at $51.0 million in Q3 2022 and bottomed at $1.7 million in Q2 2025.
- A 5-year average of $24.0 million and a median of $22.2 million in 2026 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2025 — Profit After Tax tumbled 93.85% — and 2026, when it soared 206.5%.
- Safe Bulkers' Profit After Tax stood at $34.9 million in 2022, then decreased by 20.82% to $27.6 million in 2023, then slipped by 29.88% to $19.4 million in 2024, then plunged by 38.86% to $11.8 million in 2025, then surged by 87.6% to $22.2 million in 2026.
- Business Quant data shows SB's Profit After Tax at $22.2 million in Q1 2026, $11.8 million in Q4 2025, and $17.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,973,257.44 Bn | 2,973,256.52 Bn | 57.20 Mn | -110.10 Mn |
| 2 | Danaos | 2,523.91 Bn | 2,523.03 Bn | 203.71 Mn | 140.42 Mn |
| 3 | Sfl | 1,576.05 Bn | 1,575.90 Bn | 66.27 Mn | 26.08 Mn |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | 22.03 Mn |
| 5 | Globus Maritime | 60.28 Bn | 60.26 Bn | 8,083.00 | 1,089.00 |
| 6 | Kirby | 8.05 Bn | 7.97 Bn | 291.34 Mn | 92.03 Mn |
| 7 | Matson | 6.18 Bn | 6.08 Bn | - | 56.10 Mn |
| 8 | Intercont (Cayman) | 3.85 Bn | 3.85 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | 109.65 Mn |
| 10 | Safe Bulkers | 762.67 Mn | 590.90 Mn | 53.24 Mn | 22.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.21 Mn |
| Dec 31, 2025 | 11.84 Mn |
| Sep 30, 2025 | 17.78 Mn |
| Jun 30, 2025 | 1.70 Mn |
| Mar 31, 2025 | 7.25 Mn |
| Dec 31, 2024 | 19.36 Mn |
| Sep 30, 2024 | 25.12 Mn |
| Jun 30, 2024 | 27.60 Mn |
| Mar 31, 2024 | 25.30 Mn |
| Dec 31, 2023 | 27.61 Mn |
| Sep 30, 2023 | 15.05 Mn |
| Jun 30, 2023 | 15.38 Mn |
| Mar 31, 2023 | 19.31 Mn |
| Dec 31, 2022 | 34.87 Mn |
| Sep 30, 2022 | 50.99 Mn |
| Jun 30, 2022 | 50.33 Mn |
| Mar 31, 2022 | 36.37 Mn |
| Dec 31, 2021 | 65.21 Mn |
| Sep 30, 2021 | 55.38 Mn |
| Jun 30, 2021 | 32.45 Mn |