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Friday 6 November 2026
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Safe Bulkers, Inc
SB Industrials Marine Shipping
Safe Bulkers, Inc’s revenue for fiscal 2025 (year ended December 2025) was $275.7 million, down 10.4% from fiscal 2024.
- Revenue
- +33.0%
- EPS
- 0.00%
- Free cash flow
- −35.3%
- Total debt
- −7.44%
Quarter to June 2026, against a year earlier
7.11
0.05
+0.71%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
16.07 | 4.30 | 6.37 | 2.09 | 2.69 | 0.00 | 34.00 | 11.13 | 0.00 | 0.00 |
Piotroski F-Score |
5 | 8 | 5 | 4 | 8 | 3 | 4 | 6 | 4 | 4 |
P/S ratio |
1.80 | 1.25 | 1.58 | 0.99 | 1.30 | 0.67 | 0.87 | 0.94 | 2.24 | 0.92 |
Altman Z-Score |
1.51 | 1.50 | 1.50 | 1.72 | 1.86 | 0.48 | 0.67 | 0.73 | 0.44 | 0.42 |
Altman Z″-Score (non-manufacturers) |
3.68 | 3.69 | 3.56 | 4.08 | 3.86 | 1.21 | 1.67 | 1.77 | 0.94 | 1.87 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 6.83 | 2.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.81) | (2.25) | (2.15) | (3.13) | (1.04) | (3.34) | (1.51) | (2.69) | (3.13) | (2.90) |
P/Operating CF |
14.96 | 13.04 | 11.51 | 6.15 | 6.78 | 2.10 | 9.40 | 6.79 | 6.63 | 7.46 |
Dividend Safety Score |
43 | — | — | — | — | — | — | — | — | — |
P/B ratio |
0.60 | 0.46 | 0.57 | 0.45 | 0.63 | 0.30 | 0.37 | 0.39 | 0.73 | 0.17 |
Price to Tangible BV |
0.60 | 0.46 | 0.57 | 0.45 | 0.63 | 0.30 | 0.37 | 0.39 | 0.73 | 0.17 |
EV/Sales |
3.20 | 2.58 | 3.05 | 1.84 | 2.07 | 3.21 | 3.38 | 3.49 | 5.67 | 5.35 |
EV/EBITDA |
12.63 | 6.17 | 8.32 | 3.49 | 3.41 | 60.68 | 15.15 | 12.05 | 0.00 | 0.00 |
EV/Operating CF |
8.64 | 6.07 | 7.09 | 2.96 | 2.67 | 6.26 | 4.64 | 4.52 | 6.32 | 5.01 |
EV/FCF |
(4.58) | (2.95) | (3.86) | 12.77 | 3.34 | (9.44) | (65.16) | (7.55) | (4.08) | (2.83) |
Quick Ratio |
2.45 | 1.65 | 1.77 | 1.32 | 1.24 | 1.05 | 1.41 | 1.72 | 1.93 | 4.36 |
Current Ratio |
2.90 | 1.91 | 2.63 | 1.73 | 1.40 | 1.29 | 1.57 | 1.85 | 2.14 | 4.67 |
Net Debt/EBITDA |
2.88 | 2.15 | 2.60 | 1.27 | 1.03 | 7.56 | 5.14 | 4.66 | (32.90) | 23.05 |
Debt/Assets |
38.49% | 38.25% | 37.85% | 33.26% | 32.50% | 54.96% | 53.92% | 53.40% | 54.82% | 49.58% |
Debt/Equity |
0.65 | 0.65 | 0.64 | 0.54 | 0.52 | 1.37 | 1.27 | 1.23 | 1.24 | 1.01 |
Asset Turnover |
0.20 | 0.22 | 0.22 | 0.30 | 0.30 | 0.18 | 0.18 | 0.18 | 0.13 | 0.09 |
Operating CF/Net income |
3.35 | 1.46 | 1.76 | 1.33 | 1.33 | (2.50) | 13.43 | 5.24 | (0.51) | (0.19) |
Capex/Depreciation |
(0.30) | (1.09) | (3.15) | (3.23) | (0.04) | (0.90) | (0.75) | (0.92) | (0.73) | (0.56) |
Interest Coverage |
2.31 | 4.09 | 4.22 | 10.77 | 13.00 | 0.49 | 1.64 | 2.17 | (2.98) | (1.60) |
| 3.68% | 11.01% | 8.87% | 22.55% | 29.11% | (5.52%) | 0.93% | 3.54% | (19.16%) | (11.54%) | |
| 2.18% | 6.52% | 5.36% | 13.98% | 14.87% | (2.28%) | 0.40% | 1.54% | (8.98%) | (5.64%) | |
ROIC |
3.61% | 6.47% | 5.38% | 10.77% | 12.82% | 0.69% | 2.85% | 3.64% | (4.49%) | (1.84%) |
Return on Tangible Assets |
2.31% | 6.83% | 5.45% | 14.30% | 18.18% | (2.60%) | 0.44% | 1.61% | (10.06%) | (6.22%) |
Average Days of Receivables |
14.79 | 16.82 | 11.29 | 6.78 | 8.97 | 9.08 | 29.38 | 22.18 | 27.19 | 29.38 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
10.83% | 8.79% | 8.36% | 6.23% | 6.84% | 10.85% | 10.44% | 9.96% | 10.89% | 14.01% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.05% | 0.05% | 0.05% | 0.03% | 0.04% | 0.06% | 0.06% | 0.06% | 0.08% | 0.11% |
Graham Net Nets |
(0.75) | (1.06) | (0.89) | (0.92) | (0.68) | (3.94) | (2.93) | (2.81) | (1.50) | (4.81) |
Graham Number |
7.38 | 12.02 | 9.86 | 14.04 | 13.72 | 0.00 | 2.29 | 4.06 | 0.00 | 0.00 |
Earnings Yield |
6.22% | 23.25% | 15.70% | 47.90% | 37.14% | (18.46%) | 2.94% | 8.99% | (29.79%) | (69.75%) |
Free Cash Flow Yield |
(38.81%) | (69.98%) | (50.05%) | 14.64% | 47.67% | (50.50%) | (5.93%) | (49.35%) | (61.98%) | (206.55%) |
Revenue per Share |
2.68 | 2.86 | 2.50 | 2.90 | 2.89 | 1.93 | 1.94 | 1.90 | 1.47 | 1.30 |
Operating CF per Share |
0.99 | 1.21 | 1.08 | 1.81 | 1.91 | 0.62 | 0.57 | 0.84 | 0.50 | 0.16 |
Capex per Share |
(0.18) | (0.62) | (1.57) | (1.38) | (0.02) | (0.49) | (0.39) | (0.45) | (0.39) | (0.35) |
Free Cash Flow per Share |
0.81 | 0.59 | (0.49) | 0.43 | 1.89 | 0.13 | 0.19 | 0.39 | 0.11 | (0.19) |
Cash per Share |
1.53 | 1.19 | 0.79 | 0.95 | 0.90 | 1.03 | 1.05 | 0.81 | 0.60 | 1.12 |
Shareholders Equity per Share |
8.06 | 7.73 | 6.98 | 6.40 | 5.97 | 4.33 | 4.65 | 4.58 | 4.52 | 6.84 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
8.06 | 7.73 | 6.98 | 6.40 | 5.97 | 4.33 | 4.65 | 4.58 | 4.52 | 6.84 |
Free Cash Flow |
83.69 | 63.68 | (56.12) | 51.70 | 215.06 | 12.93 | 19.04 | 39.52 | 10.67 | (15.89) |
Working Capital |
131.54 | 78.92 | 90.99 | 66.38 | 35.42 | 30.02 | 49.21 | 46.66 | 42.15 | 87.23 |
Capital Expenditures |
(18.60) | (66.78) | (178.33) | (166.35) | (2.15) | (50.44) | (39.24) | (45.93) | (39.43) | (29.37) |
Net Current Asset Value |
(371.87) | (406.09) | (400.58) | (316.30) | (290.96) | (526.15) | (505.91) | (509.10) | (499.66) | (484.21) |
EV/EBIT |
12.63 | 6.17 | 8.32 | 3.49 | 4.71 | 60.68 | 15.15 | 12.05 | 0.00 | 0.00 |
Capex to Sales |
0.07 | 0.22 | 0.63 | 0.48 | 0.01 | 0.25 | 0.20 | 0.24 | 0.27 | 0.27 |
Price to Operating Income |
7.10 | 2.99 | 4.31 | 1.87 | 2.96 | 12.73 | 3.92 | 3.24 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 |
Cash ROIC |
5.47% | 4.25% | (4.04%) | 3.97% | 18.91% | 1.12% | 1.61% | 3.52% | 0.98% | (1.27%) |
Accounts Receivable Turnover |
21.76 | 26.78 | 37.18 | 47.98 | 50.57 | 19.01 | 14.30 | 16.97 | 14.91 | 13.45 |
Accounts Payable Turnover |
10.01 | 10.73 | 10.57 | 8.76 | 6.96 | 8.44 | 8.61 | 13.62 | 11.91 | 10.72 |
Inventory Turnover |
6.89 | 6.93 | 6.53 | 6.94 | 7.91 | 10.48 | 12.28 | 16.71 | 12.07 | 11.06 |
Average Days of Payables |
41.87 | 33.17 | 34.38 | 42.68 | 44.78 | 44.06 | 57.55 | 32.01 | 26.62 | 34.41 |
Days of Inventory on Hand |
59.39 | 49.69 | 54.82 | 70.11 | 38.61 | 39.34 | 41.10 | 21.62 | 27.20 | 33.02 |
Average Receivables |
12.67 | 11.49 | 7.65 | 7.29 | 6.51 | 10.42 | 13.83 | 11.38 | 9.93 | 8.16 |
Average Payables |
11.67 | 10.19 | 10.49 | 10.29 | 11.76 | 13.23 | 9.55 | 5.13 | 4.76 | 5.33 |
Average Inventory |
16.94 | 15.77 | 16.99 | 12.99 | 10.34 | 10.65 | 6.70 | 4.18 | 4.70 | 5.17 |
Average Assets |
1,403.14 | 1,371.46 | 1,292.87 | 1,170.12 | 1,099.97 | 1,110.14 | 1,095.42 | 1,055.65 | 1,104.43 | 1,241.69 |
Average Common Equity |
831.12 | 812.02 | 782.17 | 725.53 | 561.94 | 458.69 | 469.23 | 461.03 | 517.38 | 606.27 |
Columns are period end dates