Safe Bulkers, Inc.

NYSE SB

Safe Bulkers, Inc. Gross Profit Margin for the year ending December 31, 2023: 41.98%

Safe Bulkers, Inc. Gross Profit Margin is 41.98% for the year ending December 31, 2023, a -30.09% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Safe Bulkers, Inc. Gross Profit Margin for the year ending December 31, 2022 was 60.05%, a 1.40% change year over year.
Safe Bulkers, Inc. Gross Profit Margin for the year ending December 31, 2021 was 59.22%, a 264.22% change year over year.
Safe Bulkers, Inc. Gross Profit Margin for the year ending December 31, 2020 was 16.26%, a -50.66% change year over year.
Safe Bulkers, Inc. Gross Profit Margin for the year ending December 31, 2019 was 32.95%, a -15.38% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: SB

Safe Bulkers, Inc.

CEO	Mr. Polys Hajioannou
IPO Date	May 30, 2008
Location	Monaco
Headquarters	Les Acanthes
Employees	9
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

Key trends

Past 5 years