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.
Revenue of Safe Bulkers, Inc. (SB)
Revenue in 2023 (TTM): $284.4 M
According to Safe Bulkers, Inc.'s latest financial reports the company's current revenue (TTM) is $284.4 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Safe Bulkers, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $284.4 M | $119.41 M | $147.9 M | $77.35 M | $77.35 M |
| 2022 | $349.72 M | $210.02 M | $234.17 M | $172.55 M | $172.55 M |
| 2021 | $329.03 M | $194.87 M | $232.2 M | $174.35 M | $174.35 M |
| 2020 | $198.16 M | $32.22 M | $64.75 M | $-12,905,000 | $20.37 M |
| 2019 | $197.76 M | $65.17 M | $94.36 M | $16.04 M | $-10,777,000 |
| 2018 | $193.19 M | $75.23 M | $103.95 M | $27.68 M | $27.68 M |
| 2017 | $148.03 M | $39.88 M | $-7,574,000 | $-84,679,000 | $-84,679,000 |
| 2016 | $109.77 M | $3.09 M | $17.89 M | $-55,966,000 | $-55,966,000 |
| 2015 | $127.32 M | $6.86 M | $13.87 M | $-47,944,000 | $-47,944,000 |
| 2014 | $154.09 M | $40.95 M | $70.54 M | $14.63 M | $14.63 M |
| 2013 | $186.72 M | $97.16 M | $133.22 M | $83.26 M | $83.26 M |
| 2012 | $184.3 M | $110.22 M | $138.67 M | $96.12 M | $96.12 M |
| 2011 | $168.91 M | $140.86 M | $119.21 M | $94.15 M | $89.73 M |
| 2010 | $157.02 M | $133.28 M | $135.74 M | $113.77 M | $109.65 M |
| 2009 | $164.61 M | $144.4 M | $189.75 M | $248.98 M | $165.41 M |
| 2008 | $200.77 M | $182.88 M | $146.22 M | $133.55 M | $119.21 M |
| 2007 | $165.85 M | $165.85 M | $122.83 M | $218.61 M | $211.68 M |
| 2006 | $95.31 M | $95.31 M | $92.22 M | $102.59 M | $97.22 M |