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. In the quarter to June 2026, revenue grew 33.0%, EPS was flat, free cash flow fell 35.3% and total debt fell 7.44%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
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Safe Bulkers, Inc (SB) EV/Sales
As of 16 October 2026, Safe Bulkers, Inc (SB) trades at a EV/Sales of 3.8×. Over the past ten years it has ranged from 1.7× (September 2022) to 6.9× (September 2017); the current reading is higher than 63% of that period. That is above the Marine Shipping industry median of 2.7× and above the Industrials sector median of 1.9×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.2× | 24.43% |
| FY2024 | 2.6× | (15.42%) |
| FY2023 | 3.0× | 65.09% |
| FY2022 | 1.8× | (11.06%) |
| FY2021 | 2.1× | (35.37%) |
| FY2020 | 3.2× | (4.94%) |
| FY2019 | 3.4× | (3.17%) |
| FY2018 | 3.5× | (38.52%) |
| FY2017 | 5.7× | 5.91% |
| FY2016 | 5.4× | 31.66% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 3.3× | (7.02%) |
| Mar 2026 | 3.6× | 11.26% |
| Dec 2025 | 3.2× | 2.90% |
| Sep 2025 | 3.1× | 7.34% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| CMDB Costamare Bulkers Holdings Limited compare | n/m |
| PANL Pangaea Logistics Solutions Ltd. compare | 1.0× |
| GSL Global Ship Lease, Inc. compare | 2.0× |
| ASC Ardmore Shipping Corporation compare | 2.1× |
| GNK Genco Shipping & Trading Limited compare | 3.1× |
| CMRE Costamare Inc. compare | 3.2× |
| SB Safe Bulkers, Inc | 3.8× |
| HSHP Himalaya Shipping Ltd. compare | 8.4× |
| CCEC Capital Clean Energy Carriers Corp. compare | 9.8× |
| Marine Shipping industry median | 2.7× |
| Industrials sector median | 1.9× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)