Safe Bulkers, Inc. (SB)

Safe Bulkers Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	38.56	97.38	77.35	172.55	174.35
Depreciation & Amortization	59.88	58.14	54.13	49.52	52.36
Stock-Based Compensation	0.15	0.15	0.14	0.12	0.12
Other Adjustments	8.11	-15.22	-5.35	4.93	-16.33
Change in Receivables	4.78	-4.9	-1.99	1.67	-3.51
Changes in Inventories	-7.96	0.93	-0.68	-13.18	3.9
Changes in Accounts Payable	3.52	-1.12	0.39	0.51	-3.99
Changes in Accrued Expenses	-4.07	4.67	0.16	4.67	-0.83
Changes in Unearned Revenue	-1.63	-4.94	-2.75	-2.15	9.24
Changes in Other Operating Activities	0.95	-4.62	0.81	-0.59	1.89
Operating Cash Flow	102.29	130.46	122.21	218.05	217.21
Operating Cash Flow Growth	-21.59%	6.75%	-43.95%	0.39%	242.73%
Capital Expenditures	-41.99	-144.78	-209.1	-183.28	-109.23
Sale of Property, Plant & Equipment	23.39	78	30.77	16.93	107.08
Purchases of Investments	-123.51	-81.99	-52.87	-79.82	-2.31
Proceeds from Sale of Investments	151.81	77.04	79.47	16.76	13.01
Investing Cash Flow	9.7	-71.73	-151.73	-229.4	8.55
Long-Term Debt Issued	214.95	248.3	255.2	259.58	178.8
Long-Term Debt Repaid	-225.49	-212.14	-165.23	-191.3	-434.75
Net Long-Term Debt Issued (Repaid)	-10.54	36.16	89.97	68.27	-255.95
Issuance of Common Stock	-	-	-	-	71.54
Repurchase of Common Stock	-11.01	-28.92	-26.22	-37.31	-0.38
Net Common Stock Issued (Repurchased)	-11.01	-28.92	-26.22	-37.31	71.16
Repurchase of Preferred Stock	-	-	-	-0.01	-17.71
Net Preferred Stock Issued (Repurchased)	-	-	-	-0.01	-17.71
Common Dividends Paid	-28.61	-29.5	-30.68	-33.63	-11.2
Other Financing Activities	-2.21	-3.6	-3.93	-37.43	-12.21
Financing Cash Flow	-52.37	-25.86	29.14	-40.1	-225.91
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.08	-0.37	0.35	-	-
Net Cash Flow	59.62	32.87	-0.38	-51.46	-0.14
Free Cash Flow	60.3	-14.32	-86.9	34.77	107.98
Free Cash Flow Growth	-	-	-	-67.80%	734.97%
FCF Margin	21.87%	-4.65%	-30.55%	9.94%	32.82%
Free Cash Flow Per Share	0.59	-0.13	-0.76	0.29	0.95
Levered Free Cash Flow	28.73	33.82	2.27	87.35	-139.04
Unlevered Free Cash Flow	78.67	36.71	-52.91	40.15	144.76

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q