Safe Bulkers (SB) Retained Earnings (2009 - 2025)
Safe Bulkers' (SB) quarterly Retained Earnings came in at $313.3 million in Q4 2025, down 3.35% YoY from $324.1 million in Q4 2024, and down 3.35% on a QoQ basis from $324.1 million in Q4 2024.
Safe Bulkers (SB) Retained Earnings (2009 - 2025) Analysis & Trends
Safe Bulkers (SB) has 17 years of Retained Earnings data on file, last reported at $313.3 million in Q4 2025.
- Quarterly Retained Earnings fell 3.35% year-over-year to $313.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $313.3 million (down 3.35% YoY) and the FY2025 annual result came in at $313.3 million, down 3.35% from the prior year.
- Retained Earnings fell to $313.3 million in Q4 2025, from $324.1 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $425.2 million in Q3 2021 to a low of $313.3 million in Q4 2025.
- A 5-year average of $376.4 million and a median of $379.0 million in 2022 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2021 — Retained Earnings gained 20.02% — and 2022, when it dropped 10.87%.
- Tracing SB's Retained Earnings over 5 years: stood at $425.2 million in 2021, then fell by 10.87% to $379.0 million in 2022, then fell by 6.88% to $352.9 million in 2023, then retreated by 8.15% to $324.1 million in 2024, then fell by 3.35% to $313.3 million in 2025.
- The last three Retained Earnings figures came in at $313.3 million (Q4 2025), $324.1 million (Q4 2024), and $352.9 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 3.50 Bn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 2.47 Bn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 846.22 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 1.78 Bn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | -449.88 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 3.53 Bn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 632.80 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -1.54 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 1.34 Bn |
| 10 | Safe Bulkers | 826.69 Mn | 683.78 Mn | 62.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 313.28 Mn |
| Dec 31, 2024 | 324.14 Mn |
| Dec 31, 2023 | 352.90 Mn |
| Dec 31, 2022 | 378.97 Mn |
| Dec 31, 2021 | 425.20 Mn |
| Sep 30, 2021 | 425.21 Mn |
| Jun 30, 2021 | 415.35 Mn |
| Dec 31, 2020 | 354.28 Mn |
| Jun 30, 2020 | 354.22 Mn |
| Dec 31, 2019 | 356.96 Mn |
| Dec 31, 2018 | 355.13 Mn |
| Dec 31, 2017 | 361.20 Mn |
| Dec 31, 2016 | 384.24 Mn |
| Sep 30, 2016 | 368.39 Mn |
| Jun 30, 2016 | 368.86 Mn |
| Dec 31, 2015 | 369.73 Mn |
| Dec 31, 2014 | 370.20 Mn |
| Dec 31, 2013 | 237.21 Mn |
| Sep 30, 2013 | 189.21 Mn |
| Dec 31, 2012 | 275.51 Mn |