Safe Bulkers, Inc. (SB) Earnings History
Annual and quarterly earnings data from 2006 to 2024
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SB EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
SB Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 45.6% | 36.4% | 31.7% |
| 2023 | 42.0% | 33.0% | 27.2% |
| 2022 | 60.1% | 52.8% | 49.3% |
| 2021 | 59.2% | 52.4% | 53.0% |
| 2020 | 16.3% | 5.4% | -6.5% |
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Safe Bulkers, Inc. (SB) Earnings Overview
As of May 8, 2026, Safe Bulkers, Inc. (SB) reported trailing twelve-month net income of $46M, reflecting +36.1% year-over-year growth. The company earned $0.45 per diluted share over the past four quarters, with a net profit margin of 31.7%.
Looking at the long-term picture, SB's historical earnings data spans multiple years. The company achieved its highest annual net income of $209M in fiscal 2007.
Safe Bulkers, Inc. maintains industry-leading profitability with a gross margin of 45.6%, operating margin of 36.4%, and net margin of 31.7%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including SBLK ($84M net income, 8.1% margin), GNK ($9.32B net income, -1.3% margin), NMM ($262M net income, 27.5% margin), SB has outperformed on profitability metrics. Compare SB vs SBLK →
SB Earnings vs Peers
Earnings metrics vs comparable public companies
SB Historical Earnings Data (2006–2024)
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $97M | +25.9% | $112M | $0.83 | 31.7% | 36.4% |
| 2023 | $77M | -55.2% | $94M | $0.61 | 27.2% | 33.0% |
| 2022 | $173M | -1.0% | $185M | $1.36 | 49.3% | 52.8% |
| 2021 | $174M | +1451.0% | $172M | $1.44 | 53.0% | 52.4% |
| 2020 | -$13M | -180.5% | $11M | $-0.25 | -6.5% | 5.4% |
| 2019 | $16M | -42.1% | $45M | $-0.11 | 8.1% | 22.5% |
| 2018 | $28M | +132.7% | $56M | $0.27 | 14.3% | 29.0% |
| 2017 | -$85M | -51.3% | $24M | $-0.84 | -57.2% | 16.1% |
| 2016 | -$56M | -16.7% | -$12M | $-0.66 | -51.0% | -11.2% |
| 2015 | -$48M | -427.6% | -$9M | $-0.57 | -37.7% | -7.2% |
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Start ComparisonSB — Frequently Asked Questions
Quick answers to the most common questions about buying SB stock.
Is SB growing earnings?
SB EPS is $0.45, with earnings growth accelerating to +36.1%. This exceeds the 5-year CAGR of N/A. TTM net income reached $46M.
What are SB's profit margins?
Safe Bulkers, Inc. net margin is +31.7%, with operating margin at +36.4%. Above-average margins indicate pricing power.
How consistent are SB's earnings?
SB earnings data spans 2006-2024. The accelerating earnings trend is +36.1% YoY. Historical data enables comparison across business cycles.