SAFE BULKERS, INC. SB

Latest FY: 2025 Industrials Marine Shipping
Market Price $8.38
Market Cap $856.81M
P/E Ratio 27.93
Quick Peer Compare (Industrials):
Revenue (FY 2025) ↓-10.4% YoY
$275.74M
3-Yr CAGR: -7.6%
Net Income ↓-60.4% YoY
$38.56M
Net Margin: 14.0%
Free Cash Flow ↓-21.6% YoY
$102.12M
FCF Yield: 11.92%
EPS (Diluted) ↓-63.9% YoY
$0.30
Basic: $0.30
Return on Equity Efficiency
4.6%
ROA: 2.7%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (SB)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $109.8M $90.2M $-56.0M $-0.83 $13.5M $10.0M
FY 2017 $148.0M +34.9% $124.8M $-84.7M -51.3% $-0.98 -18.1% $50.1M $49.9M +400.0%
FY 2018 $193.2M +30.5% $167.5M $27.7M +132.7% $0.16 +116.3% $85.4M $84.4M +69.2%
FY 2019 $197.8M +2.4% $170.9M $16.0M -42.1% $0.04 -75.0% $58.3M $52.7M -37.6%
FY 2020 $198.2M +0.2% $176.9M $-12.9M -180.5% $-0.25 -725.0% $63.4M $62.4M +18.5%
FY 2021 $329.0M +66.0% $314.3M $174.3M +1,451.0% $1.44 +676.0% $217.2M $215.7M +245.6%
FY 2022 $349.7M +6.3% $332.6M $172.6M -1.0% $1.36 -5.6% $218.0M $214.3M -0.6%
FY 2023 $284.4M -18.7% $259.7M $77.4M -55.2% $0.61 -55.1% $122.2M $121.4M -43.4%
FY 2024 $307.6M +8.2% $276.3M $97.4M +25.9% $0.83 +36.1% $130.5M $130.3M +7.4%
FY 2025 $275.7M -10.4% $245.4M $38.6M -60.4% $0.30 -63.9% $102.3M $102.1M -21.6%
$

Valuation

Market Price $8.38
Market Cap $856.81M
Enterprise Value $1.26B
P/E Ratio 27.93
P/B Ratio 1.03
FCF Yield 11.92%
Dividend Yield 0.00%
Shares Outstanding 102,244,800
%

Profitability & Margins

Gross Margin 89.00%
Operating Margin 25.37%
Net Margin 13.99%
Return on Equity (ROE) 4.64%
Return on Assets (ROA) 2.75%
Asset Turnover 0.20x
Revenue 3-Yr CAGR -7.62%
🛡️

Financial Health & Liquidity

Current Ratio 2.90
Cash Ratio 2.05
Debt / Equity 0.660
Debt / Assets 0.391
Cash & Equivalents $141.58M
Total Debt $548.59M
Book Value / Share $8.12
💧

Cash Flow Efficiency

Operating Cash Flow $102.29M
Capital Expenditures (CapEx) $176.00K
Free Cash Flow $102.12M
OCF / Revenue 37.10%
FCF / Revenue 37.03%
FCF 3-Yr CAGR -21.90%
🏷️

Per Share Metrics

EPS (Diluted) $0.30
EPS (Basic) $0.30
Dividends / Share N/A
Book Value / Share $8.12
EPS YoY Growth -63.86%
🏛️

Balance Sheet (FY 2025)

Total Assets $1.40B
Total Liabilities $572.48M
Stockholders' Equity $830.71M
Current Assets $200.60M
Current Liabilities $69.06M