Safe Bulkers (SB) Return on Capital Employed (2009 - 2025)

Safe Bulkers (SB) posted Return on Capital Employed of 12.7% for Q4 2025, down 20.4% on a QoQ basis from 15.96% in Q4 2024, and down 326.0% year-over-year from 5.62% in Q4 2024.

Safe Bulkers (SB) Return on Capital Employed (2009 - 2025) Analysis & Trends

Safe Bulkers' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 12.7% for Q4 2025.

  • Quarterly Return on Capital Employed fell 326.0% year-over-year to 12.7% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 12.7% (down 326.0% YoY) and the FY2025 annual result came in at 5.24%, down 475.0% from the prior year.
  • Return on Capital Employed was 12.7% for Q4 2025 at Safe Bulkers, down from 15.96% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 27.53% in Q4 2022 and bottomed at 8.54% in Q2 2021.
  • A 5-year average of 16.06% and a median of 14.59% in 2023 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2021 — Return on Capital Employed jumped 1827 bps — and 2023, when it plunged 1293 bps.
  • Safe Bulkers' Return on Capital Employed stood at 19.33% in 2021, then soared by 42 bps to 27.53% in 2022, then sank by 47 bps to 14.59% in 2023, then advanced by 9 bps to 15.96% in 2024, then dropped by 20 bps to 12.7% in 2025.
  • Business Quant data shows SB's Return on Capital Employed at 12.7% in Q4 2025, 15.96% in Q4 2024, and 14.59% in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 6.17%
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 18.00%
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 24.00%
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 7.32%
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -5,994.01%
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 9.31%
7 Matson 6.26 Bn 6.16 Bn - 11.74%
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 11.85%
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Safe Bulkers 768.80 Mn 597.03 Mn 53.24 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 12.70%
Dec 31, 2024 15.96%
Dec 31, 2023 14.59%
Dec 31, 2022 27.53%
Dec 31, 2021 19.33%
Sep 30, 2021 13.75%
Jun 30, 2021 8.54%
Dec 31, 2020 1.05%
Jun 30, 2020 1.20%
Dec 31, 2019 4.38%
Dec 31, 2018 15.96%
Dec 31, 2017 -6.64%
Dec 31, 2016 -2.74%
Sep 30, 2016 -4.96%
Jun 30, 2016 -3.54%
Dec 31, 2015 -2.65%
Dec 31, 2014 1.09%
Dec 31, 2013 2,441.97%
Sep 30, 2013 1,220.66%
Dec 31, 2012 958.52%