Safe Bulkers, Inc.

SB · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$308$284$350$329
% Growth8.2%-18.7%6.3%
Cost of Goods Sold$167$165$140$134
Gross Profit$140$119$210$195
% 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$24$22$22
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$1$2$4$0
Operating Expenses$28$26$25$22
Operating Income$112$94$185$172
% Margin36.4%33%52.8%52.4%
Other Income/Exp. Net-$14-$16-$12$2
Pre-Tax Income$97$77$173$174
Tax Expense$0$0$0$0
Net Income$97$77$173$174
% 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 Out108114121114
Weighted Avg Shares Out Dil108114121114
Supplemental Information
Interest Income$3$2$1$0
Interest Expense$35$28$20$18
Depreciation & Amortization$58$54$50$52
EBITDA$190$159$243$245
% Margin61.9%56.1%69.4%74.5%