Safe Bulkers (SB) Shares Outstanding (Diluted) (2019 - 2026)
Safe Bulkers' Shares Outstanding (Diluted) was 103.04 million in the quarter ended Jun 30, 2026, down 4.2% from 107.58 million a year earlier and unchanged from the prior quarter.
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Safe Bulkers (SB) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
From the quarter ended Dec 31, 2019 onward, Safe Bulkers has reported Shares Outstanding (Diluted) for 27 quarters.
- Shares Outstanding (Diluted) has now declined for three consecutive years, though with a five-year compound annual growth rate of 0.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Shares Outstanding (Diluted) was 107.58 million in the year ended Dec 31, 2024 (-5.3%), 113.62 million in the year ended Dec 31, 2023 (-5.8%), 120.65 million in the year ended Dec 31, 2022 (+6.1%) and 113.72 million in the year ended Dec 31, 2021 (+10.8%).
- Quarterly Shares Outstanding (Diluted) has moved between 102.62 million (the quarter ended Sep 30, 2021) and 120.65 million (the quarter ended Sep 30, 2023) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 11 straight quarters, with an average decline of 5.0% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was the quarter ended Sep 30, 2022 (growth of 10.8%); the worst was the quarter ended Dec 31, 2023 (a decline of 5.8%).
- Per Business Quant data, SB's Shares Outstanding (Diluted) in the three quarters before the quarter ended Jun 30, 2026 was 103.04 million (quarter ended Mar 31, 2026), 103.04 million (quarter ended Dec 31, 2025) and 107.58 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 594.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 1.86 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 887.10 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 225.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 239.00 Mn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 658.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 208.72 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 532.20 Mn |
| 10 | Safe Bulkers | 873.30 Mn | 372.20 Mn | 86.76 Mn | 103.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.04 Mn |
| Mar 31, 2026 | 103.04 Mn |
| Dec 31, 2025 | 103.04 Mn |
| Sep 30, 2025 | 107.58 Mn |
| Jun 30, 2025 | 107.58 Mn |
| Mar 31, 2025 | 107.58 Mn |
| Dec 31, 2024 | 107.58 Mn |
| Sep 30, 2024 | 113.62 Mn |
| Jun 30, 2024 | 113.62 Mn |
| Mar 31, 2024 | 113.62 Mn |
| Dec 31, 2023 | 113.62 Mn |
| Sep 30, 2023 | 120.65 Mn |
| Jun 30, 2023 | 120.65 Mn |
| Mar 31, 2023 | 120.65 Mn |
| Dec 31, 2022 | 120.65 Mn |
| Sep 30, 2022 | 113.72 Mn |
| Jun 30, 2022 | 113.72 Mn |
| Mar 31, 2022 | 113.72 Mn |
| Dec 31, 2021 | 113.72 Mn |
| Sep 30, 2021 | 102.62 Mn |
API Access
Safe Bulkers Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=SB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "SB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=SB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();