Safe Bulkers, Inc.

SB · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$307,633$284,401$349,718$329,031
% Growth8.2%-18.7%6.3%
Cost of Goods Sold$167,464$164,996$139,698$134,166
Gross Profit$140,169$119,405$210,020$194,865
% Margin45.6%42%60.1%59.2%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$27,035$23,763$21,802$22,498
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$1,262$1,869$3,570$0
Operating Expenses$28,297$25,632$25,372$22,498
Operating Income$111,872$93,773$184,648$172,367
% Margin36.4%33%52.8%52.4%
Other Income/Exp. Net-$14,496-$16,422-$12,094$1,981
Pre-Tax Income$97,376$77,351$172,554$174,348
Tax Expense$0$0$0$0
Net Income$97,376$77,351$172,554$174,348
% Margin31.7%27.2%49.3%53%
EPS0.830.611.361.44
% Growth36.1%-55.1%-5.6%
EPS Diluted0.830.611.361.44
Weighted Avg Shares Out107,576113,619120,654113,716
Weighted Avg Shares Out Dil107,576113,619120,654113,716
Supplemental Information
Interest Income$3,396$2,497$783$69
Interest Expense$34,949$27,944$20,499$18,415
Depreciation & Amortization$58,135$54,129$49,518$52,364
EBITDA$190,460$159,424$242,571$245,127
% Margin61.9%56.1%69.4%74.5%
Safe Bulkers, Inc. (SB) Financial Statements & Key Stats | AlphaPilot