Safe Bulkers, Inc. (SB)
Industrials · Marine Shipping · NYSE
Safe Bulkers, Inc. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $349.72M | $284.40M | $307.63M | $275.74M |
| Gross profit | $210.02M | $119.41M | $140.17M | $99.06M |
| Net income | $172.55M | $77.35M | $97.38M | $38.56M |
| Net margin | 49.3% | 27.2% | 31.7% | 14.0% |
Source: Safe Bulkers, Inc. SEC filings (10-K).
What growth is priced into SB stock?
At today's market cap of $696.29M, Safe Bulkers, Inc. is priced for free-cash-flow growth of about 0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $60.30M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Safe Bulkers, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeSafe Bulkers, Inc. financial history by metric
About Safe Bulkers, Inc.
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services internationally. The company owns and operates a fleet of dry bulk vessels for transporting bulk cargoes comprising coal, grain, and iron ore. Its fleet consists of 45 vessels, including 8 Panamax class vessels, 12 Kamsarmax class vessels, 17 post-Panamax class vessels, and 8 Capesize class vessels with an aggregate carrying capacity of 4,559,000 deadweight tons. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Safe Bulkers, Inc. — frequently asked questions
What is Safe Bulkers, Inc.'s revenue?
Safe Bulkers, Inc. (SB) reported revenue of $275.74M for fiscal year 2025, down 10.4% from the prior year, according to its SEC filings.
Is Safe Bulkers, Inc. profitable?
Yes. SB earned net income of $38.56M in fiscal 2025, a net margin of 14.0%.
What is SB's P/E ratio?
Safe Bulkers, Inc. trades at a price-to-earnings ratio of about 22.7 based on the latest data in our nightly-refreshed cache.
How fast is Safe Bulkers, Inc. growing?
SB's revenue grew at roughly -7.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Safe Bulkers, Inc. have?
As of fiscal year 2025, SB carried roughly $540.14M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Safe Bulkers, Inc.'s gross margin?
SB's gross margin was 35.9% in fiscal 2025 — gross profit of $99.06M on revenue of $275.74M.
What is Safe Bulkers, Inc.'s market cap?
Safe Bulkers, Inc. (SB) has a market capitalization of about $696.29M, based on the latest data in our nightly-refreshed cache.
When does Safe Bulkers, Inc.'s fiscal year end?
SB's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into SB stock?
At today's market cap of $696.29M, Safe Bulkers, Inc. is priced for free-cash-flow growth of about 0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $60.30M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Safe Bulkers, Inc.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.