Safe Bulkers (SB) Total Debt (2009 - 2026)
Safe Bulkers' (SB) quarterly Total Debt came in at $511.4 million in Q2 2026, down 7.44% on a YoY basis from $552.6 million in Q2 2025, and down 5.98% quarter-over-quarter from $544.0 million in Q1 2026.
Analysis
Safe Bulkers (SB) Total Debt (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has reported Total Debt for 18 consecutive years, with $511.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 7.44% year-over-year to $511.4 million; the trailing twelve-month figure through Jun 2026 stood at $511.4 million (down 7.44% YoY), and the FY2025 full-year result was $540.4 million, changed 0.43% from the prior year.
- Total Debt retreated to $511.4 million in Q2 2026 per SB's latest filing, from $544.0 million in the prior quarter.
- Across five years, Total Debt topped out at $583.9 million in Q3 2022 and bottomed at $414.4 million in Q4 2022.
- Historically, Total Debt has averaged $508.1 million across 5 years, with a median of $518.0 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Total Debt decreased 24.53% in 2023, then rose 26.24% in 2024.
- Over 5 years, Total Debt stood at $414.4 million in 2022, then advanced by 22.51% to $507.7 million in 2023, then rose by 5.98% to $538.1 million in 2024, then rose by 0.43% to $540.4 million in 2025, then decreased by 5.35% to $511.4 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $511.4 million, $544.0 million, and $540.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 2.43 Bn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 1.04 Bn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 372.10 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 684.83 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 1.24 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 | 728.88 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 1.07 Bn |
| 10 | Safe Bulkers | 922.29 Mn | 787.76 Mn | 62.00 Mn | 511.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 511.45 Mn |
| Mar 31, 2026 | 544.00 Mn |
| Dec 31, 2025 | 540.35 Mn |
| Sep 30, 2025 | 516.28 Mn |
| Jun 30, 2025 | 552.59 Mn |
| Mar 31, 2025 | 519.72 Mn |
| Dec 31, 2024 | 538.06 Mn |
| Sep 30, 2024 | 489.77 Mn |
| Jun 30, 2024 | 491.15 Mn |
| Mar 31, 2024 | 525.26 Mn |
| Dec 31, 2023 | 507.70 Mn |
| Sep 30, 2023 | 440.67 Mn |
| Jun 30, 2023 | 445.71 Mn |
| Mar 31, 2023 | 416.07 Mn |
| Dec 31, 2022 | 414.42 Mn |
| Sep 30, 2022 | 583.90 Mn |
| Jun 30, 2022 | 560.10 Mn |
| Mar 31, 2022 | 548.20 Mn |
| Dec 31, 2021 | 355.76 Mn |
| Sep 30, 2021 | 503.06 Mn |