SB
Income statement / Annual
Last year (2023), Safe Bulkers, Inc.'s total revenue was $284.40 M,
a decrease of 18.68% from the previous year.
In 2023, Safe Bulkers, Inc.'s net income was $77.35 M.
See Safe Bulkers, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$284.40 M |
$349.72 M |
$329.03 M |
$198.16 M |
$197.76 M |
$193.19 M |
$148.03 M |
$109.77 M |
$127.32 M |
$154.09 M |
| Cost of Revenue |
$165.00 M
|
$139.70 M
|
$134.17 M
|
$165.94 M
|
$132.59 M
|
$117.96 M
|
$108.15 M
|
$106.68 M
|
$120.46 M
|
$113.15 M
|
| Gross Profit |
$119.41 M
|
$210.02 M
|
$194.87 M
|
$32.22 M
|
$65.17 M
|
$75.23 M
|
$39.88 M
|
$3.09 M
|
$6.86 M
|
$40.95 M
|
| Gross Profit Ratio |
0.42
|
0.6
|
0.59
|
0.16
|
0.33
|
0.39
|
0.27
|
0.03
|
0.05
|
0.27
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$23.76 M
|
$21.80 M
|
$22.50 M
|
$21.50 M
|
$20.64 M
|
$19.24 M
|
$16.12 M
|
$15.38 M
|
$14.62 M
|
$13.33 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$23.76 M
|
$21.80 M
|
$22.50 M
|
$21.50 M
|
$20.64 M
|
$19.24 M
|
$16.12 M
|
$15.38 M
|
$14.62 M
|
$13.33 M
|
| Other Expenses |
-$8.51 M
|
$3.57 M
|
$0.00
|
-$241,000.00
|
$414,000.00
|
$20.40 M
|
$15.36 M
|
$12.94 M
|
-$1.43 M
|
-$4.00 M
|
| Operating Expenses |
$15.26 M
|
$25.37 M
|
$22.50 M
|
$21.50 M
|
$21.05 M
|
$19.24 M
|
$16.51 M
|
$14.59 M
|
$14.62 M
|
$13.33 M
|
| Cost And Expenses |
$180.25 M
|
$165.07 M
|
$156.66 M
|
$187.44 M
|
$153.65 M
|
$137.20 M
|
$124.66 M
|
$121.27 M
|
$135.08 M
|
$126.48 M
|
| Interest Income |
$2.50 M
|
$783,000.00
|
$69,000.00
|
$604,000.00
|
$1.56 M
|
$929,000.00
|
$799,000.00
|
$515,000.00
|
$86,000.00
|
$821,000.00
|
| Interest Expense |
$27.94 M
|
$17.14 M
|
$14.72 M
|
$21.23 M
|
$26.82 M
|
$25.71 M
|
$23.22 M
|
$19.58 M
|
$11.65 M
|
$8.34 M
|
| Depreciation & Amortization |
$54.13 M
|
$49.52 M
|
$52.36 M
|
$54.27 M
|
$50.31 M
|
$48.07 M
|
$51.42 M
|
$49.49 M
|
$47.13 M
|
$43.08 M
|
| EBITDA |
$156.19 M |
$234.17 M |
$232.20 M |
$64.75 M |
$94.36 M |
$103.95 M |
-$7.57 M |
$17.89 M |
$13.87 M |
$70.54 M |
| EBITDA Ratio |
0.55
|
0.52
|
0.51
|
0.04
|
0.47
|
0.53
|
0.14
|
-0.14
|
-0.1
|
0.14
|
| Operating Income Ratio |
0.37
|
0.38
|
0.35
|
-0.23
|
0.22
|
0.29
|
-0.47
|
-0.29
|
-0.25
|
0.17
|
| Total Other Income/Expenses Net |
-$26.80 M
|
-$12.09 M
|
-$17.07 M
|
-$23.38 M
|
-$28.01 M
|
-$28.20 M
|
-$15.38 M
|
-$24.56 M
|
-$15.93 M
|
-$12.08 M
|
| Income Before Tax |
$77.35 M
|
$172.55 M
|
$174.35 M
|
-$12.91 M
|
$16.04 M
|
$27.68 M
|
-$84.68 M
|
-$55.97 M
|
-$47.94 M
|
$14.63 M
|
| Income Before Tax Ratio |
0.27
|
0.49
|
0.53
|
-0.07
|
0.08
|
0.14
|
-0.57
|
-0.51
|
-0.38
|
0.09
|
| Income Tax Expense |
$0.00
|
-$49.52 M
|
-$37.65 M
|
-$33.28 M
|
$26.82 M
|
$28.20 M
|
$15.38 M
|
$24.56 M
|
$15.93 M
|
$12.08 M
|
| Net Income |
$77.35 M
|
$172.55 M
|
$174.35 M
|
$20.37 M
|
-$10.78 M
|
$27.68 M
|
-$84.68 M
|
-$55.97 M
|
-$47.94 M
|
$14.63 M
|
| Net Income Ratio |
0.27
|
0.49
|
0.53
|
0.1
|
-0.05
|
0.14
|
-0.57
|
-0.51
|
-0.38
|
0.09
|
| EPS |
0.61 |
1.36 |
1.44 |
0.2 |
-0.11 |
0.27 |
-0.84 |
-0.66 |
-0.57 |
0.06 |
| EPS Diluted |
0.61 |
1.36 |
1.44 |
0.2 |
-0.11 |
0.27 |
-0.84 |
-0.66 |
-0.57 |
0.06 |
| Weighted Average Shares Out |
$113.62 M
|
$120.65 M
|
$113.72 M
|
$102.62 M
|
$101.69 M
|
$101.60 M
|
$100.93 M
|
$84.53 M
|
$83.48 M
|
$83.45 M
|
| Weighted Average Shares Out Diluted |
$113.62 M
|
$120.65 M
|
$113.72 M
|
$102.62 M
|
$101.69 M
|
$101.60 M
|
$100.93 M
|
$84.53 M
|
$83.48 M
|
$83.45 M
|
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