Safe Bulkers Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	285.78	275.74	307.63	284.4	349.72	329.03
Revenue Growth (YoY)	-1.56%	-10.37%	8.17%	-18.68%	6.29%	66.05%
Cost of Revenue	115.02	116.8	109.33	110.87	90.18	81.8
Gross Profit	170.76	158.94	198.3	173.53	259.54	247.23
Selling, General & Admin	30.42	29.85	27.04	23.76	21.8	22.5
Depreciation & Amortization Expenses	59.58	59.88	58.14	54.13	49.52	52.36
Other Operating Expenses	-0.76	-0.76	-15.29	-8.51	3.57	-19.05
Total Operating Expenses	89.24	88.97	69.88	69.39	74.89	55.81
Operating Income	81.53	69.97	128.43	104.15	184.65	191.42
Interest Income	5.44	5.12	3.4	2.5	0.78	0.07
Interest Expense	-32.11	-33.09	-34.33	-27.19	-19.15	-17.62
Other Non-Operating Income (Expense)	-1.33	-3.43	-0.12	-2.11	6.27	0.48
Total Non-Operating Income (Expense)	-28	-31.4	-31.05	-26.8	-12.09	-17.07
Pretax Income	53.53	38.56	97.38	77.35	172.55	174.35
Net Income	53.53	38.56	97.38	77.35	172.55	174.35
Net Income Attributable to Preferred Dividends	8	8	8	8	8.98	10.79
Net Income to Common	45.53	30.56	89.38	69.35	163.58	163.56
Net Income Growth	-36.17%	-65.80%	28.88%	-57.60%	0.01%	-
Shares Outstanding (Basic)	102	103	108	114	121	114
Shares Outstanding (Diluted)	102	103	108	114	121	114
Shares Change (YoY)	-3.68%	-4.22%	-5.32%	-5.83%	6.10%	10.81%
EPS (Basic)	0.45	0.30	0.83	0.61	1.36	1.44
EPS (Diluted)	0.45	0.30	0.83	0.61	1.36	1.44
EPS Growth	-32.84%	-63.85%	36.07%	-55.15%	-5.56%	-
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	59.75%	57.64%	64.46%	61.02%	74.21%	75.14%
Operating Margin	28.53%	25.37%	41.75%	36.62%	52.80%	58.18%
Profit Margin	18.73%	13.99%	31.65%	27.20%	49.34%	52.99%
FCF Margin	-	21.87%	-4.65%	-30.55%	9.94%	32.82%
EBITDA	81.53	129.85	186.56	158.28	234.17	243.78
EBITDA Margin	28.53%	47.09%	60.64%	55.65%	66.96%	74.09%
EBIT	81.53	69.97	128.43	104.15	184.65	191.42
EBIT Margin	28.53%	25.37%	41.75%	36.62%	52.80%	58.18%

SEC Filings: 10-K · 10-Q