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

Safe Bulkers' (SB) quarterly Return on Capital Employed came in at 12.7% in Q4 2025, down 326.0% YoY from 5.62% in Q4 2024, and down 20.4% on a QoQ basis from 15.96% in Q4 2024.

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

Safe Bulkers (SB) has 17 years of Return on Capital Employed data on file, last reported at 12.7% in 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 slipped to 12.7% in Q4 2025, from 15.96% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 27.53% in Q4 2022 to a low of 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.
  • The widest YoY moves for Return on Capital Employed: up 1827 bps in 2021, down 178598 bps in 2021.
  • Tracing SB's Return on Capital Employed over 5 years: stood at 19.33% in 2021, then jumped by 42 bps to 27.53% in 2022, then tumbled by 47 bps to 14.59% in 2023, then rose by 9 bps to 15.96% in 2024, then decreased by 20 bps to 12.7% in 2025.
  • The last three Return on Capital Employed figures came in at 12.7% (Q4 2025), 15.96% (Q4 2024), and 14.59% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn 9.54%
2 Matson 6.58 Bn 6.46 Bn - 12.98%
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn 11.85%
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn 6.17%
5 Star Bulk Carriers 3.37 Bn 2.87 Bn - -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 17.60%
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn 22.17%
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn 21.04%
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn 25.84%
10 Safe Bulkers 826.18 Mn 683.27 Mn 62.00 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 1,794.52%
Dec 31, 2019 1,832.41%
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 64.02%
Dec 31, 2013 3,348,953.01%
Sep 30, 2013 3,431,738.50%
Dec 31, 2012 958.52%