Safe Bulkers Inc. (SB)

NYSE: SB · Real-Time Price · USD

3.38

-0.01 (-0.29%)

At close: May 01, 2025, 3:59 PM

3.41

1.04%

Pre-market: May 02, 2025, 08:48 AM EDT

Safe Bulkers Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	307.63M	318.43M	307.16M	299.22M	284.4M	288.77M	317.83M	338.82M	349.72M	355.5M	354.28M	344.26M	329.03M	288.82M	248.26M	214.96M	198.16M	199.18M	197.96M	195.19M	197.76M	197.09M	196.47M	197.97M	193.19M	183M	170.22M	158.21M	148.03M	137.36M	127.17M	118.4M	109.77M	108.01M	114.36M	119.96M
Cost of Revenue	167.46M	168.23M	167.46M	166.69M	165M	163.12M	155.9M	144.52M	139.7M	134.44M	131.7M	134.59M	134.16M	135.86M	142.22M	157.42M	165.94M	169.21M	164.41M	146.13M	132.59M	125.75M	121.94M	120.92M	117.96M	114.82M	112.86M	109.43M	108.15M	107.71M	106.64M	105.27M	106.68M	108.54M	114.62M	117.94M
Gross Profit	140.17M	150.19M	139.7M	132.54M	119.41M	125.65M	161.93M	194.29M	210.02M	221.06M	222.58M	209.67M	194.87M	152.96M	106.04M	57.55M	32.22M	29.96M	33.54M	49.06M	65.17M	71.33M	74.53M	77.05M	75.23M	68.18M	57.36M	48.78M	39.88M	29.66M	20.52M	13.13M	3.09M	-532K	-257K	2.03M
Operating Income	119.55M	131.57M	117.82M	111.5M	87.91M	90.99M	124.44M	157.4M	184.65M	210.55M	215.5M	200.16M	191.42M	138.12M	87.71M	41.57M	10.48M	8.74M	12.25M	27.9M	44.05M	50.4M	53.8M	56.79M	55.89M	-42.35M	-52.08M	-60.03M	-69.3M	12.83M	-12.13M	-19.18M	-31.41M	-58.05M	-41.95M	-39.86M
Interest Income	2.53M	2.34M	2.45M	2.13M	2.5M	2.15M	1.55M	1.14M	783K	302K	76K	51K	69K	104K	137K	253K	604K	891K	1.26M	1.52M	1.56M	1.47M	1.32M	1.14M	929K	886K	838K	877K	799K	736K	620K	514K	515K	417K	337K	209K
Pretax Income	97.38M	105.63M	95.55M	83.34M	77.35M	84.61M	120.56M	155.5M	172.55M	202.89M	207.28M	189.4M	174.35M	116.76M	64.69M	18.36M	-12.9M	-16.96M	-15.03M	670K	16.04M	22.02M	24.85M	27.15M	27.68M	-68.41M	-69.76M	-75.47M	-84.68M	-2.76M	-34.01M	-41.44M	-55.97M	-81.23M	-64.26M	-59.68M
Net Income	97.38M	105.63M	95.55M	83.34M	66.61M	73.87M	109.81M	144.76M	172.55M	202.89M	207.28M	189.4M	174.35M	116.76M	64.69M	18.36M	-12.9M	-16.96M	-15.03M	670K	16.04M	22.02M	24.85M	27.15M	27.68M	-68.41M	-69.76M	-75.47M	-84.68M	-2.76M	-34.01M	-41.44M	-55.97M	-81.23M	-64.26M	-59.68M
Selling & General & Admin	27.03M	26.29M	25.2M	24.35M	23.76M	23.35M	22.87M	22.28M	21.8M	21.46M	21.97M	22.43M	22.5M	22.7M	22.25M	21.87M	21.5M	21.16M	20.82M	20.68M	20.64M	20.53M	20.69M	20.16M	19.24M	18.13M	16.9M	16.34M	16.12M	15.69M	15.69M	15.34M	15.38M	15.79M	15.64M	15.37M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	-6.41M	-7.67M	n/a	n/a	n/a	3.57M	3.57M	3.57M	3.57M	13.01M	18.49M	36.89M	54.78M	41.53M	54.97M	30.64M	30.55M	30.73M	11.46M	34.6M	32.13M	5.5M	21.29M	21.22M	20.4M	22.97M	20.92M	17.23M	15.44M	16.78M	14.54M	13.57M	12.94M	35.58M	24.11M	11.15M
Operating Expenses	14.01M	12.01M	18.58M	24.35M	23.76M	26.92M	26.44M	25.85M	25.37M	21.46M	22.06M	22.52M	22.58M	22.79M	22.25M	21.87M	21.5M	21.16M	20.82M	20.68M	20.64M	20.53M	20.69M	20.16M	19.24M	18.13M	16.9M	16.34M	16.59M	16.53M	15.37M	15.02M	14.59M	14.64M	15.64M	15.37M
Interest Expense	24.87M	24.05M	22.53M	19.89M	25.49M	23.38M	22.09M	19.86M	17.14M	14.16M	12.8M	13.35M	14.72M	16.16M	17.25M	19.06M	21.23M	23.07M	25.1M	26.21M	26.82M	27.32M	27.45M	26.96M	25.71M	24.59M	23.9M	23.31M	23.22M	22.78M	21.48M	20.46M	19.58M	18.71M	16.76M	14.32M
Selling & Marketing Expenses	6.47M	6.47M	6.47M	6.47M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	188.08M	186.85M	192.66M	191.04M	188.76M	190.04M	182.34M	170.37M	165.07M	155.9M	153.75M	157.1M	156.75M	158.65M	164.47M	179.28M	187.44M	190.37M	185.23M	166.81M	153.23M	146.28M	142.63M	141.08M	137.2M	132.95M	129.76M	125.77M	124.74M	124.24M	122.02M	120.29M	121.27M	123.17M	130.26M	133.3M
Income Tax Expense	2.00	3.00	9.5M	15.7M	26.45M	25.46M	14.19M	8.62M	-5.04M	-3.61M	1.82M	3.81M	8.75M	13.04M	14.71M	13.09M	11.09M	7.24M	2.18M	1.02M	1.2M	1.05M	1.5M	9.17M	14.76M	19.3M	17.68M	15.44M	15.38M	15.33M	21.63M	22.01M	24.3M	23.18M	21.6M	19.11M
Shares Outstanding (Basic)	106.35M	106.77M	106.77M	110.39M	111.61M	111.6M	112.95M	118.41M	118.94M	120.43M	121.63M	121.65M	121.64M	119.89M	109.7M	103.36M	102.18M	102.16M	102.73M	103.41M	102.63M	101.28M	101.26M	101.56M	101.77M	101.56M	101.55M	101.54M	101.53M	101.52M	101.36M	99.28M	87.36M	83.6M	83.57M	83.54M
Shares Outstanding (Diluted)	106.35M	106.77M	106.77M	110.39M	111.61M	111.6M	112.95M	118.41M	118.94M	120.43M	121.63M	121.65M	121.64M	119.89M	109.7M	103.36M	102.19M	102.16M	103.41M	103.41M	102.63M	101.28M	101.26M	101.56M	102.1M	101.56M	101.55M	101.54M	101.53M	101.52M	101.36M	99.28M	87.36M	83.6M	83.57M	83.54M
EPS (Basic)	0.85	0.92	0.82	0.70	0.54	0.59	0.89	1.18	1.41	1.64	1.66	1.52	1.40	0.93	0.49	0.08	-0.2	-0.23	-0.21	-0.08	0.05	0.11	0.14	0.16	0.16	-0.76	-0.77	-0.8	-0.86	-0.06	-0.39	-0.49	-0.66	-0.97	-0.77	-0.71
EPS (Diluted)	0.85	0.92	0.82	0.70	0.54	0.59	0.89	1.18	1.41	1.64	1.66	1.52	1.40	0.93	0.49	0.09	-0.19	-0.22	-0.2	-0.08	0.05	0.11	0.14	0.16	0.16	-0.76	-0.77	-0.8	-0.86	-0.06	-0.39	-0.49	-0.66	-0.97	-0.77	-0.71
EBITDA	166.89M	174.64M	177.63M	170.86M	160.5M	164.32M	198M	229.5M	242.57M	255.79M	258.92M	242.52M	230.31M	188.62M	138.46M	94.2M	64.33M	61.66M	64.01M	79.04M	94.36M	87.03M	77.06M	79M	77.42M	-6.64M	6.26M	765K	-7.35M	74.03M	40.38M	31.57M	21.11M	-5.91M	7.54M	8.92M
EBIT	127.85M	135.44M	123.84M	110.21M	102.47M	108.4M	143.05M	176.01M	190.34M	217.7M	220.73M	202.75M	189.07M	132.92M	82.48M	37.96M	8.87M	6.65M	10.07M	26.88M	42.85M	49.34M	52.3M	54.1M	53.4M	-43.65M	-52.67M	-58.98M	-68.27M	13.03M	-11.36M	-19.82M	-35.23M	-61.36M	-47.5M	-45.36M
Depreciation & Amortization	42.82M	41.12M	56.44M	55.47M	54.13M	52.95M	52.16M	51.22M	49.52M	49.69M	49.57M	50.35M	52.36M	53.03M	54.03M	54.49M	54.27M	53.33M	52.17M	51.14M	50.31M	36.63M	23.26M	22.62M	21.94M	35.66M	49.34M	50.38M	51.42M	51.13M	50.83M	50.26M	49.48M	48.97M	48.56M	47.9M