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Safe Bulkers (Safe Bulkers) Net Margin %

: 33.55% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Safe Bulkers's Net Income for the three months ended in Dec. 2023 was $27.6 Mil. Safe Bulkers's Revenue for the three months ended in Dec. 2023 was $82.3 Mil. Therefore, Safe Bulkers's net margin for the quarter that ended in Dec. 2023 was 33.55%.

The historical rank and industry rank for Safe Bulkers's Net Margin % or its related term are showing as below:

SB' s Net Margin % Range Over the Past 10 Years
Min: -57.2   Med: 8.81   Max: 52.99
Current: 27.2


SB's Net Margin % is ranked better than
90.55% of 974 companies
in the Transportation industry
Industry Median: 5.55 vs SB: 27.20

Safe Bulkers Net Margin % Historical Data

The historical data trend for Safe Bulkers's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Safe Bulkers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.11 -6.51 52.99 49.34 27.20

Safe Bulkers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.24 28.89 21.79 23.27 33.55

Competitive Comparison

For the Marine Shipping subindustry, Safe Bulkers's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safe Bulkers Net Margin % Distribution

For the Transportation industry and Industrials sector, Safe Bulkers's Net Margin % distribution charts can be found below:

* The bar in red indicates where Safe Bulkers's Net Margin % falls into.



Safe Bulkers Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Safe Bulkers's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=77.351/284.401
=27.20 %

Safe Bulkers's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=27.61/82.289
=33.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Safe Bulkers  (NYSE:SB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Safe Bulkers Net Margin % Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Traded in Other Exchanges
Address
6, Avenue des Citronniers, Apt. D11, Les Acanthes, Monaco City, MCO, MC98000
Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.