Safe Bulkers Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	275.74	307.63	284.4	349.72	329.03
Revenue Growth (YoY)	-10.37%	8.17%	-18.68%	6.29%	66.05%
Cost of Revenue	116.8	109.33	110.87	90.18	81.8
Gross Profit	158.94	198.3	173.53	259.54	247.23
Selling, General & Admin	29.85	27.04	23.76	21.8	22.5
Depreciation & Amortization Expenses	59.88	58.14	54.13	49.52	52.36
Other Operating Expenses	-0.76	-15.29	-8.51	3.57	-19.05
Total Operating Expenses	88.97	69.88	69.39	74.89	55.81
Operating Income	69.97	128.43	104.15	184.65	191.42
Interest Income	5.12	3.4	2.5	0.78	0.07
Interest Expense	-33.09	-34.33	-27.19	-19.15	-17.62
Other Non-Operating Income (Expense)	-3.43	-0.12	-2.11	6.27	0.48
Total Non-Operating Income (Expense)	-31.4	-31.05	-26.8	-12.09	-17.07
Pretax Income	38.56	97.38	77.35	172.55	174.35
Net Income	30.56	89.38	69.35	163.58	163.56
Net Income Attributable to Preferred Dividends	8	8	8	8.98	10.79
Net Income to Common	30.56	89.38	69.35	163.58	163.56
Net Income Growth	-65.80%	28.88%	-57.60%	0.01%	-
Shares Outstanding (Basic)	103	108	114	121	114
Shares Outstanding (Diluted)	103	108	114	121	114
Shares Change (YoY)	-4.22%	-5.32%	-5.83%	6.10%	10.81%
EPS (Basic)	0.30	0.83	0.61	1.36	1.44
EPS (Diluted)	0.30	0.83	0.61	1.36	1.44
EPS Growth	-63.85%	36.07%	-55.15%	-5.56%	-
Shares Outstanding	102.26	105.29	111.61	118.87	121.64
Free Cash Flow	60.3	-14.32	-86.9	34.77	107.98
Free Cash Flow Growth	-	-	-	-67.80%	734.97%
Free Cash Flow Per Share	0.59	-0.13	-0.76	0.29	0.95
Dividends Per Share	0.200	0.200	0.200	0.200	-
Gross Margin	57.64%	64.46%	61.02%	74.21%	75.14%
Operating Margin	25.37%	41.75%	36.62%	52.80%	58.18%
Profit Margin	13.99%	31.65%	27.20%	49.34%	52.99%
FCF Margin	21.87%	-4.65%	-30.55%	9.94%	32.82%
EBITDA	129.85	186.56	158.28	234.17	243.78
EBITDA Margin	47.09%	60.64%	55.65%	66.96%	74.09%
EBIT	69.97	128.43	104.15	184.65	191.42
EBIT Margin	25.37%	41.75%	36.62%	52.80%	58.18%

SEC Filings: 10-K · 10-Q