Safe Bulkers, Inc.

SBNYSEIndustrials● Active

$6.50

$-0.01(-0.08%)

Market Cap$664081275

P/E Ratio—

52W High$7.38

52W Low$3.56

Avg Volume599K

Open$6.61

Beta0.85

Free Cash Flow Financials Revenue

Safe Bulkers, Inc. (SB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SB · free cash flow · updated Jun 8, 2026

Core FCF metrics

SB · FCF · TTM · margin & CAGR

Free cash flow was $60.3M for FY2025 (fiscal year ending 2025-12-31), up 521.2% year-over-year The FCF margin was 21.9%. Five-year CAGR stands at +36.1%.

FY2025 Free Cash Flow$60.3M▲ +521.2% YoY

Trailing 12M (TTM)$69.1Mtrailing 4 quarters sum

FCF Margin21.9%$60.3M ÷ revenue

3-Year CAGR+20.2%FY2022 → FY2025

5-Year CAGR+36.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$102.3M(42M)$60.3M▲ +521.2%21.9%

FY2024$130.5M(145M)−$14.3M▲ +83.5%-4.7%

FY2023$122.2M(209M)−$86.9M▼ 350.2%-30.6%

FY2022$218.0M(183M)$34.7M▼ 67.8%9.9%

FY2021$217.2M(109M)$108.0M▲ +734.9%32.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SB · P/FCF · FCF yield · FCF per share

Safe Bulkers, Inc. (SB) trades at a FCF yield of 10.40% and a price-to-free-cash-flow ratio of 9.7x. FCF per share stands at $0.67, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.40%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.67

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SB · cash flow statement · operating / investing / financing

For FY2025, Safe Bulkers, Inc. generated $102.3M in operating cash flow and spent 42M in capital expenditures, yielding $60.3M in free cash flow.

Operating Activities

+$102.3M

Cash from core business operations

2025-12-31

Investing Activities

+$9.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$52.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($102.3M) − |CapEx| (42M) = FCF ($60.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

SB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Safe Bulkers, Inc.YOU

$60.3M+521.2%21.9%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Safe Bulkers, Inc. (SB) reported free cash flow of $60.3M for FY2025 (fiscal year ending 2025-12-31), up 521.2% year-over-year. The FCF margin was 21.9%.

Based on available data, Safe Bulkers, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $108.0M in FY2021. The 5-year CAGR stands at +36.1%.

Safe Bulkers, Inc.'s FCF yield is 10.40% and price-to-FCF ratio is 9.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SB free cash flow · 8 questions

Safe Bulkers, Inc. free cash flow was $60.3M for FY2025, up 521.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $69.1M.

SB free cash flowSB FCFSB FCF 2025SB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Safe Bulkers, Inc. · Safe Bulkers, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026