SB

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Safe Bulkers, Inc Common Stock ($0.001 par value)

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $8.94
52-Week Range: $4.14 – $9.31
Market Cap: $1.00B
P/E (TTM): 11.44
EPS (TTM): 0.77
Dividend Yield: 3.41%

Advanced Metrics

Price/Book: 1.03
PEG Ratio: 3.33
Return on Equity: 10.32%
Return on Assets: 4.51%
Gross Margin: 63.64%
Operating Margin: 41.06%
Profit Margin: 28.29%
Current Ratio: 1.00
Debt/Equity: 0.59
Total Debt: $511.45M
Free Cash Flow: $10.58M
Revenue Growth: 33.00%
Earnings Growth: —
Enterprise Value: $1.27B

SB Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$349.72M	$284.40M	$307.63M	$275.74M
Cost of Revenue	$139.70M	$165.00M	$167.46M	$176.68M
Gross Profit	$210.02M	$119.41M	$140.17M	$99.06M
Selling, General & Admin	$21.80M	$23.76M	$27.04M	$29.85M
Operating Expenses	$25.37M	$25.63M	$28.30M	$33.69M
Operating Income	$184.65M	$93.77M	$111.87M	$65.37M
EBITDA	$239.21M	$156.19M	$186.89M	$128.78M
Pretax Income	$172.55M	$77.35M	$97.38M	$38.56M
Net Income	$172.55M	$77.35M	$97.38M	$38.56M
Diluted EPS	1.36	0.61	0.83	0.30
Diluted Shares	120.65M	113.62M	107.58M	103.04M

SB Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$49.19M	$48.19M	$81.08M	$141.58M
Receivables	$7.16M	$9.28M	$15.08M	$11.79M
Inventory	$17.32M	$16.65M	$14.88M	$19.00M
Current Assets	$157.70M	$146.72M	$165.39M	$200.60M
Total Assets	$1.25B	$1.34B	$1.40B	$1.40B
Current Liabilities	$91.32M	$55.73M	$86.47M	$69.06M
Long-Term Debt	$370.81M	$482.39M	$478.45M	$497.77M
Total Debt	$414.36M	$507.17M	$536.64M	$540.14M
Total Liabilities	$474.00M	$547.30M	$571.48M	$572.48M
Retained Earnings	$392.79M	$439.46M	$507.34M	$517.29M
Shareholders' Equity	$771.92M	$792.51M	$831.62M	$830.71M
Working Capital	$66.38M	$90.99M	$78.92M	$131.54M
Net Debt	$365.18M	$458.98M	$455.56M	$398.56M

SB Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$218.05M	$122.21M	$130.46M	$102.29M
Capital Expenditure	-$183.28M	-$209.10M	-$144.78M	-$41.99M
Free Cash Flow	$34.77M	-$86.90M	-$14.32M	$60.30M
Depreciation & Amortisation	$49.52M	$54.13M	$58.13M	$59.88M
Stock-Based Compensation	$120.00K	$144.00K	$150.00K	$150.00K
Investing Cash Flow	-$229.40M	-$151.73M	-$71.73M	$9.70M
Financing Cash Flow	-$40.10M	$29.14M	-$25.86M	-$52.37M
Dividends Paid	-$33.63M	-$30.68M	-$29.50M	-$28.61M
Share Repurchases	-$46.37M	-$26.22M	-$28.92M	-$11.01M
Net Change in Cash	-$51.46M	-$378.00K	$32.87M	$59.62M

SB Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$65.75M	$73.08M	$72.57M	$74.39M	$87.47M
Cost of Revenue	$47.56M	$44.28M	$42.06M	$40.70M	$44.42M
Gross Profit	$18.19M	$28.79M	$30.51M	$33.69M	$43.04M
Selling, General & Admin	$7.70M	$7.54M	$7.96M	$7.22M	$7.13M
Operating Expenses	$7.70M	$7.54M	$11.79M	$7.22M	$7.13M
Operating Income	$10.49M	$21.25M	$18.71M	$26.47M	$35.91M
EBITDA	$9.54M	$25.38M	$19.34M	$28.74M	$41.24M
Pretax Income	$1.70M	$17.78M	$11.84M	$22.21M	$35.16M
Net Income	$1.70M	$17.78M	$11.84M	$22.21M	$35.16M
Diluted EPS	0.00	0.15	0.10	0.20	0.33
Diluted Shares	102.48M	102.32M	102.33M	102.17M	101.83M

SB Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	—	—	$141.58M	—	$43.74M
Receivables	—	—	$11.79M	—	—
Inventory	—	—	$19.00M	—	—
Current Assets	$161.34M	$158.95M	$200.60M	$249.41M	$211.35M
Total Assets	$1.41B	$1.37B	$1.40B	$1.42B	$1.43B
Current Liabilities	$94.84M	$58.53M	$69.06M	$181.41M	$210.86M
Long-Term Debt	$490.64M	$481.78M	$497.77M	$388.94M	$339.88M
Total Debt	$552.59M	$516.28M	$540.14M	$544.00M	$511.45M
Total Liabilities	$593.67M	$546.33M	$572.48M	$577.21M	$558.88M
Retained Earnings	—	—	$517.29M	—	—
Shareholders' Equity	$815.58M	$826.28M	$830.71M	$843.19M	$870.28M
Working Capital	$66.50M	$100.43M	$131.54M	$67.99M	$486.00K
Net Debt	$552.59M	$516.28M	$398.56M	$544.00M	$467.71M

SB Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$19.13M	$20.07M	$33.19M	$35.20M	$42.68M
Free Cash Flow	-$12.21M	$51.41M	-$8.80M	$35.20M	-$16.53M
Investing Cash Flow	$20.23M	$37.87M	-$4.20M	-$98.80M	-$39.74M
Financing Cash Flow	$9.83M	-$43.83M	$15.73M	-$4.20M	-$34.27M

Market Snapshot

About

Safe Bulkers, Inc. is an international provider of marine drybulk transportation services. The company owns and operates a fleet of modern drybulk vessels that transport cargo including grain, coal, and iron ore across global shipping routes. Safe Bulkers serves major charterers and commodity producers worldwide with its ocean-going vessels.