Safe Bulkers Past Earnings Performance
Past criteria checks 2/6
Safe Bulkers has been growing earnings at an average annual rate of 41%, while the Shipping industry saw earnings growing at 42.9% annually. Revenues have been growing at an average rate of 12.5% per year. Safe Bulkers's return on equity is 10.6%, and it has net margins of 25.2%.
Key information
41.0%
Earnings growth rate
40.2%
EPS growth rate
Shipping Industry Growth | 51.9% |
Revenue growth rate | 12.5% |
Return on equity | 10.6% |
Net Margin | 25.2% |
Next Earnings Update | 29 Jul 2024 |
Recent past performance updates
Recent updates
Safe Bulkers: Better Margins At A Cheaper Price
May 31Safe Bulkers: Bet On Mid-Size Bulk Carriers With The Best In Class
Apr 10Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05
Feb 21Safe Bulkers: My Favorite Bulker Stock To Play The Shipping Cycle
Jan 08Safe Bulkers: The Resurgence Of Repurchases Poised To Propel Stock Re-Rating
Dec 27Safe Bulkers, Inc. (NYSE:SB) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Dec 02What Does Safe Bulkers, Inc.'s (NYSE:SB) Share Price Indicate?
Nov 17Safe Bulkers: A Dry Bulk Shipping Value Opportunity
Oct 12Safe Bulkers (NYSE:SB) Is Due To Pay A Dividend Of $0.05
Aug 01Analysts Just Slashed Their Safe Bulkers, Inc. (NYSE:SB) EPS Numbers
Jul 28Safe Bulkers: A Decent Value In The Dry Bulk Space - Buy
Jun 25Safe Bulkers (NYSE:SB) Is Paying Out A Dividend Of $0.05
May 23Safe Bulkers to acquire one Japanese Kamsarmax class dry-bulk vessel
Feb 21Safe Bulkers Non-GAAP EPS of $0.29 beats by $0.05, revenue of $86.7M beats by $15.4M
Feb 14Safe Bulkers: Limited Supply Makes Choppy Demand Easy Sailing
Jan 24Safe Bulkers: Significantly Discounted Dry Bulk Play
Jan 14Safe Bulkers, Inc. (NYSE:SB) Analysts Just Trimmed Their Revenue Forecasts By 13%
Nov 18Safe Bulkers Non-GAAP EPS of $0.39, revenue of $93.7M
Nov 09Here's Why Safe Bulkers (NYSE:SB) Can Manage Its Debt Responsibly
Oct 19Safe Bulkers to sell MV Pedhoulas Trader for $15.84M
Sep 26There's Been No Shortage Of Growth Recently For Safe Bulkers' (NYSE:SB) Returns On Capital
Sep 20Here's Why Safe Bulkers (NYSE:SB) Has Caught The Eye Of Investors
Aug 31Safe Bulkers: A Value Shipper With A Big Dividend
Aug 21Returns At Safe Bulkers (NYSE:SB) Are On The Way Up
May 24Safe Bulkers: A Safer Voyage To Growth And Sustainability
Apr 06Safe Bulkers Stock: Why Q4 2021 Results Make It Even Safer
Mar 12Revenue & Expenses Breakdown
How Safe Bulkers makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 299 | 75 | 24 | 0 |
31 Dec 23 | 284 | 69 | 24 | 0 |
30 Sep 23 | 289 | 77 | 23 | 0 |
30 Jun 23 | 318 | 113 | 23 | 0 |
31 Mar 23 | 339 | 147 | 22 | 0 |
31 Dec 22 | 350 | 164 | 22 | 0 |
30 Sep 22 | 356 | 193 | 21 | 0 |
30 Jun 22 | 354 | 197 | 22 | 0 |
31 Mar 22 | 344 | 178 | 22 | 0 |
31 Dec 21 | 329 | 164 | 22 | 0 |
30 Sep 21 | 289 | 105 | 23 | 0 |
30 Jun 21 | 248 | 53 | 22 | 0 |
31 Mar 21 | 215 | 6 | 22 | 0 |
31 Dec 20 | 198 | -25 | 22 | 0 |
30 Sep 20 | 199 | -29 | 21 | 0 |
30 Jun 20 | 198 | -27 | 21 | 0 |
31 Mar 20 | 195 | -11 | 21 | 0 |
31 Dec 19 | 198 | 4 | 21 | 0 |
30 Sep 19 | 197 | 10 | 21 | 0 |
30 Jun 19 | 196 | 13 | 21 | 0 |
31 Mar 19 | 198 | 16 | 20 | 0 |
31 Dec 18 | 193 | 16 | 19 | 0 |
30 Sep 18 | 183 | -80 | 18 | 0 |
30 Jun 18 | 170 | -81 | 17 | 0 |
31 Mar 18 | 158 | -89 | 16 | 0 |
31 Dec 17 | 148 | -99 | 16 | 0 |
30 Sep 17 | 137 | -18 | 12 | 0 |
30 Jun 17 | 127 | -50 | 12 | 0 |
31 Mar 17 | 118 | -55 | 12 | 0 |
31 Dec 16 | 110 | -70 | 15 | 0 |
30 Sep 16 | 108 | -95 | 12 | 0 |
30 Jun 16 | 114 | -78 | 12 | 0 |
31 Mar 16 | 120 | -74 | 12 | 0 |
31 Dec 15 | 127 | -62 | 15 | 0 |
30 Sep 15 | 136 | -32 | 10 | 0 |
30 Jun 15 | 139 | -23 | 9 | 0 |
31 Mar 15 | 145 | -15 | 9 | 0 |
31 Dec 14 | 154 | 5 | 9 | 0 |
30 Sep 14 | 174 | 39 | 10 | 0 |
30 Jun 14 | 180 | 52 | 9 | 0 |
31 Mar 14 | 184 | 76 | 8 | 0 |
31 Dec 13 | 187 | 81 | 8 | 0 |
30 Sep 13 | 174 | 83 | 11 | 0 |
Quality Earnings: SB has high quality earnings.
Growing Profit Margin: SB's current net profit margins (25.2%) are lower than last year (43.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SB's earnings have grown significantly by 41% per year over the past 5 years.
Accelerating Growth: SB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SB had negative earnings growth (-48.8%) over the past year, making it difficult to compare to the Shipping industry average (-43.6%).
Return on Equity
High ROE: SB's Return on Equity (10.6%) is considered low.