Safe Bulkers, Inc. (SB) Earnings History
Profitable20 years of earnings data (2006–2025) · Positive TTM net income
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Safe Bulkers, Inc. (SB) Earnings Overview
As of June 22, 2026, Safe Bulkers, Inc. (SB) reported trailing twelve-month net income of $39M, reflecting -63.9% year-over-year growth. The company earned $0.38 per diluted share over the past four quarters, with a net profit margin of 14.0%.
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 positive profitability with a gross margin of 35.9%, operating margin of 25.1%, and net margin of 14.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SBLK ($142M net income, 8.1% margin), GNK ($9.32B net income, -1.3% margin), NMM ($347M net income, 21.2% 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 (2006–2025)
20 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $39M | -60.4% | $69M | $0.30 | 14.0% | 25.1% |
| 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% |
| 2014 | $15M | -82.4% | $24M | $0.06 | 9.5% | 15.3% |
| 2013 | $83M | -13.4% | $86M | $1.05 | 44.6% | 45.9% |
| 2012 | $96M | +7.1% | $100M | $1.27 | 52.2% | 54.4% |
| 2011 | $90M | -18.2% | $109M | $1.29 | 53.1% | 64.4% |
| 2010 | $110M | -33.7% | $107M | $1.73 | 69.8% | 67.9% |
| 2009 | $165M | +38.8% | $123M | $3.03 | 100.5% | 75.0% |
| 2008 | $119M | -43.0% | $164M | $2.19 | 59.4% | 81.5% |
| 2007 | $209M | +115.2% | $119M | $3.84 | 126.1% | 71.5% |
| 2006 | $97M | - | $108M | $1.78 | 102.0% | 113.4% |
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SB — Frequently Asked Questions
Quick answers to the most common questions about buying SB stock.
What is SB earnings per share (EPS)?
SB trailing twelve-month (TTM) diluted EPS is $0.38, reflecting -63.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2006 to 2025 is available in the table on this page.
What is Safe Bulkers, Inc.'s net income?
Safe Bulkers, Inc. (SB) trailing twelve-month net income is $39M as of 2025. Earnings declined -63.9% year-over-year. Safe Bulkers, Inc. has been profitable for 5 consecutive years.
Is SB profitable?
Yes, SB is profitable with a TTM net income of $39M and a net profit margin of +14.0%. Safe Bulkers, Inc. has generated profits for 5 consecutive years.
What is SB's earnings growth rate?
SB compound annual EPS growth rates (CAGR): 1-Year: -63.9%, 3-Year: -39.6%, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2006 to 2025.
What are SB's profit margins?
Safe Bulkers, Inc. net profit margin is +14.0%, operating margin is +25.1%, and gross margin is +35.9%. Margins are within a typical range for the sector. Return on Equity is +4.6%.
Is SB growing earnings?
SB earnings are declining — EPS fell -63.9% year-over-year. TTM net income dropped to $39M. This contrasts with the 5-year CAGR of N/A.
What was SB's best earnings year?
Safe Bulkers, Inc.'s highest annual net income on record is $209M, achieved in fiscal year 2007. Earnings history on this page spans 2006 to 2025 and includes all annual and quarterly figures.
What were SB's earnings last quarter?
SB's most recent reported quarter was Q4 2025. Net income was $12M with diluted EPS of $0.10. For a full breakdown of all quarters, see the quarterly earnings table on this page.