Safe Bulkers (SB) Times Interest Earned (2009 - 2026)
Safe Bulkers' (SB) quarterly Times Interest Earned came in at 6.58 in Q2 2026, down 391.62% on a YoY basis from 2.26 in Q2 2025, and down 62.39% quarter-over-quarter from 4.05 in Q1 2026.
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Safe Bulkers (SB) Times Interest Earned (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported Times Interest Earned for 18 consecutive years, with 6.58 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned fell 391.62% year-over-year to 6.58; the trailing twelve-month figure through Jun 2026 stood at 2.2 (down 41.25% YoY), and the FY2025 full-year result was 6.31, down 54.12% from the prior year.
- Times Interest Earned eased to 6.58 in Q2 2026 per SB's latest filing, from 4.05 in the prior quarter.
- Across five years, Times Interest Earned topped out at 0.62 in Q4 2025 and bottomed at 15.51 in Q2 2022.
- Historically, Times Interest Earned has averaged 5.06 across 5 years, with a median of 4.14 in 2024.
- The sharpest annual moves came in 2023 and 2026: Times Interest Earned jumped 77.76% in 2023, then sank 391.62% in 2026.
- Over 5 years, Times Interest Earned stood at 6.78 in 2022, then surged by 77.76% to 1.51 in 2023, then surged by 47.87% to 0.79 in 2024, then advanced by 21.46% to 0.62 in 2025, then sank by 966.56% to 6.58 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered 6.58, 4.05, and 0.62 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 19.06 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 99.31 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 27.49 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 5.52 |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 11.03 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.34 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 12.46 |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | 6.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.58 |
| Mar 31, 2026 | -4.05 |
| Dec 31, 2025 | -0.62 |
| Sep 30, 2025 | -3.40 |
| Jun 30, 2025 | -1.34 |
| Mar 31, 2025 | -2.02 |
| Dec 31, 2024 | -0.79 |
| Sep 30, 2024 | -4.48 |
| Jun 30, 2024 | -4.55 |
| Mar 31, 2024 | -4.22 |
| Dec 31, 2023 | -1.51 |
| Sep 30, 2023 | -3.35 |
| Jun 30, 2023 | -3.75 |
| Mar 31, 2023 | -4.42 |
| Dec 31, 2022 | -6.78 |
| Sep 30, 2022 | -11.10 |
| Jun 30, 2022 | -15.51 |
| Mar 31, 2022 | -12.59 |
| Dec 31, 2021 | -22.69 |
| Sep 30, 2021 | -16.81 |