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% on a YoY basis from $324.1 million in Q4 2024, and down 3.35% quarter-over-quarter from $324.1 million in Q4 2024.
Analysis
Safe Bulkers (SB) Retained Earnings (2009 - 2025) Analysis & Trends
Safe Bulkers (SB) has reported Retained Earnings for 17 consecutive years, with $313.3 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Retained Earnings fell 3.35% year-over-year to $313.3 million; the trailing twelve-month figure through Dec 2025 stood at $313.3 million (down 3.35% YoY), and the FY2025 full-year result was $313.3 million, down 3.35% from the prior year.
- Retained Earnings eased to $313.3 million in Q4 2025 per SB's latest filing, from $324.1 million in the prior quarter.
- Across five years, Retained Earnings topped out at $425.2 million in Q3 2021 and bottomed at $313.3 million in Q4 2025.
- Historically, Retained Earnings has averaged $376.4 million across 5 years, with a median of $379.0 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Retained Earnings advanced 20.02% in 2021, then declined 10.87% in 2022.
- Over 5 years, Retained Earnings stood at $425.2 million in 2021, then decreased by 10.87% to $379.0 million in 2022, then decreased by 6.88% to $352.9 million in 2023, then slipped by 8.15% to $324.1 million in 2024, then decreased by 3.35% to $313.3 million in 2025.
- According to Business Quant data, Retained Earnings over the past three periods registered $313.3 million, $324.1 million, and $352.9 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 1.32 Bn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 3.50 Bn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 2.47 Bn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 773.11 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 1.03 Bn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 1.99 Bn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.84 Bn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | -449.88 Mn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | - |
Historic Data
Download Data
Historic 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 |