Safe Bulkers, Inc. SB R2K
Industrials · Marine Shipping · Monaco
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.
READ MORE ›$6.25
+69.94% 1Y
Market & Price
Market Cap
$639.03M
Current Price
$6.25
High / Low (52W)
$7.33 / $3.54
Beta
0.90
Valuation
Stock P/E
20.83
Industry PE
28.38
Forward P/E
13.89
PEG Ratio
3.33
Book Value
$8.12
Price to Book
0.77
P/S
2.32
EV/EBITDA
8.15
Dividend Yield
3.20%
Profitability & Returns
ROCE
5.16%
ROE
4.64%
ROA
2.91%
Profit Margin
13.98%
Op Margin
25.79%
EPS (Latest Qtr)
$0.10
EPS (TTM)
$0.30
Balance Sheet & Liquidity
Debt/Equity
0.65
Quick Ratio
2.46
Current Ratio
2.90
Debt
$540.14M
Total Assets
$1.40B
Current Assets
$200.60M
Working Capital
$131.54M
Ownership
Promoter Holding
47.32%
Chg in Prom Hold
-
FII / Inst Holding
37.83%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$1.02B
Total Revenue (TTM)
$275.74M
EBITDA
$125.25M
Free Cash Flow
$36.88M
Operating Cash Flow
$102.29M
Shares Outstanding
102.24M
Gross Margin
57.90%
Payout Ratio
66.67%
Growth (CAGR)
Revenue 5Y
-7.62%
Profit 5Y
-39.31%
Revenue (YoY)
1.50%
Earnings (YoY)
-41.10%
PROS
- Attractive dividend yield of 3.20%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -7.6% CAGR over 5 years.
- Earnings shrank at -39.3% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SB Safe Bulkers, Inc. R2K | 6.25 | 20.83 | $639.03M | 3.20% | 5.16% | 4.64% | -7.62% | -39.31% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 71.49M | 64.35M | 65.75M | 73.08M | 72.57M |
| Cost of Revenue | 38.62M | 42.77M | 47.56M | 44.28M | 42.06M |
| Gross Profit | 32.87M | 21.57M | 18.19M | 28.79M | 30.51M |
| Operating Expenses | 8.23M | 6.66M | 7.70M | 7.54M | 11.79M |
| Operating Income | 24.64M | 14.92M | 10.49M | 21.25M | 18.71M |
| EBITDA | 27.21M | 14.65M | 9.54M | 25.38M | 19.34M |
| Interest Expense | 7.85M | 7.40M | 7.84M | 7.59M | 7.51M |
| Pretax Income | 19.36M | 7.25M | 1.70M | 17.78M | 11.84M |
| Tax Provision | - | - | - | - | - |
| Net Income | 19.36M | 7.25M | 1.70M | 17.78M | 11.84M |
| Diluted EPS | 0.16 | 0.05 | 0.00 | 0.15 | 0.10 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| 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 |
| 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 |
| Interest Expense | - | 17.14M | 24.71M | 31.38M | 30.34M |
| Pretax Income | - | 172.55M | 77.35M | 97.38M | 38.56M |
| Tax Provision | - | - | - | - | - |
| Net Income | - | 172.55M | 77.35M | 97.38M | 38.56M |
| Diluted EPS | - | 1.36 | 0.61 | 0.83 | 0.30 |
Compounded Sales Growth
| 5 Years: | -7.62% |
| 1 Year: | 1.50% |
Compounded Profit Growth
| 5 Years: | -39.31% |
| 1 Year: | -41.10% |
Stock Price Performance
| 1 Year: | +69.94% |
| 6 Months: | +28.79% |
| 3 Months: | -3.99% |
| 1 Month: | -5.30% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 1.25B | 1.34B | 1.40B | 1.40B |
| Current Assets | - | 157.70M | 146.72M | 165.39M | 200.60M |
| Cash & Equivalents | - | 49.19M | 48.19M | 81.08M | 141.58M |
| Inventory | - | 17.32M | 16.65M | 14.88M | 19.00M |
| Receivables | - | 6.47M | 8.79M | 13.35M | 8.85M |
| Total Liabilities | - | 474.00M | 547.30M | 571.48M | 572.48M |
| 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 Equity | - | 771.92M | 792.51M | 831.62M | 830.71M |
| Shares Outstanding | - | 118.87M | 111.61M | 105.29M | 102.26M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 218.05M | 122.21M | 130.46M | 102.29M |
| Investing Cash Flow | - | -229.40M | -151.73M | -71.73M | 9.70M |
| Financing Cash Flow | - | -40.10M | 29.14M | -25.86M | -52.37M |
| Capital Expenditure | - | -183.28M | -209.10M | -144.78M | -41.99M |
| Free Cash Flow | - | 34.77M | -86.90M | -14.32M | 60.30M |
| Net Change in Cash | - | -51.46M | -378.00K | 32.87M | 59.62M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 60.1% | 42.0% | 45.6% | 35.9% |
| Operating Margin % | - | 52.8% | 33.0% | 36.4% | 23.7% |
| Net Margin % | - | 49.3% | 27.2% | 31.7% | 14.0% |
| ROE % | - | 22.4% | 9.8% | 11.7% | 4.6% |
| ROCE % | - | 16.0% | 7.3% | 8.5% | 4.9% |
Shareholding Pattern
Insiders
47.32%
Institutions
37.83%
Public Float
71.81%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Goldman Sachs Group Inc | 5.01% | 5.13M | $32.03M |
| 2 | Renaissance Technologies, LLC | 3.48% | 3.56M | $22.24M |
| 3 | Blackrock Inc. | 2.99% | 3.06M | $19.11M |
| 4 | LSV Asset Management | 1.92% | 1.96M | $12.27M |
| 5 | Two Sigma Investments, LP | 1.92% | 1.97M | $12.29M |
| 6 | Fearnley Asset Management As | 1.84% | 1.88M | $11.75M |
| 7 | Arrowstreet Capital, Limited Partnership | 1.67% | 1.71M | $10.70M |
| 8 | State Street Corporation | 1.56% | 1.59M | $9.94M |
| 9 | Ameriprise Financial, Inc. | 1.24% | 1.27M | $7.95M |
| 10 | American Century Companies Inc | 1.23% | 1.26M | $7.88M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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