Safehold Inc. (SAFE)
NYSE: SAFE · Real-Time Price · USD
13.78
-0.07 (-0.51%)
Sep 15, 2026, 4:00 PM EDT - Market closed
Safehold Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 116.17 | 114.47 | 105.76 | -54.97 | 135.42 | 73.12 |
Depreciation & Amortization | 10 | 10.86 | 12.26 | 12.24 | 11.92 | 11.99 |
Gain (Loss) on Sale of Assets | - | - | - | -0.45 | -55.81 | -1.83 |
Gain (Loss) on Sale of Investments | - | 1.95 | - | - | - | - |
Asset Writedown | - | - | - | 145.37 | - | - |
Stock-Based Compensation | 13.15 | 12.55 | 13.76 | 23.23 | 1.55 | 1.75 |
Income (Loss) on Equity Investments | -11.14 | -11.47 | -10.11 | -16.23 | -7.01 | -4.31 |
Change in Accounts Payable | 3.94 | 8.06 | 8.07 | -5.97 | 20.07 | -11.31 |
Change in Other Net Operating Assets | -4.56 | 2.4 | 5.26 | 13.08 | 11.04 | -0.29 |
Other Operating Activities | -93.3 | -97.57 | -106.64 | -103.62 | -52.33 | -42.21 |
Operating Cash Flow | 36.95 | 47.81 | 37.86 | 15.39 | 64.85 | 26.92 |
Operating Cash Flow Growth | -30.37% | 26.31% | 145.95% | -76.27% | 140.93% | -24.63% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | - | - | - | -13.08 | - | - |
Sale of Real Estate Assets | 3.7 | 4.11 | 5.76 | 1.63 | - | - |
Net Sale / Acq. of Real Estate Assets | 3.7 | 4.11 | 5.76 | -11.45 | - | - |
Cash Acquisition | - | - | - | -85.47 | - | - |
Investment in Marketable & Equity Securities | -19.62 | -19.35 | 42.38 | -52.48 | -0.01 | -39.46 |
Other Investing Activities | 3.32 | 6.88 | 43.77 | -0.17 | -3.07 | -0.56 |
Investing Cash Flow | -321.81 | -237.18 | -212.37 | -576.57 | -1,146 | -1,288 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,011 | 2,272 | 577 | 1,830 | 1,848 |
Long-Term Debt Repaid | - | -1,752 | -2,008 | -150 | -1,005 | -830 |
Net Debt Issued (Repaid) | 202.05 | 259.05 | 263.58 | 427 | 825 | 1,018 |
Issuance of Common Stock | - | - | - | 151.94 | 309.16 | 243.35 |
Repurchase of Common Stock | -19.52 | -3.98 | -5.1 | - | -0.97 | - |
Common Dividends Paid | -51.18 | -50.92 | -50.59 | -46.04 | -42.19 | -35.95 |
Other Financing Activities | 156.67 | -1.17 | -63 | 26.63 | -0.03 | -22.71 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 3.17 | 13.62 | -29.62 | -1.65 | 9.87 | -57.95 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | -317.18 | -230.24 | -307.46 | -429.68 | -1,218 | -1,239 |
Unlevered Free Cash Flow | -183.61 | -101.06 | -183.69 | -326.04 | -1,137 | -1,189 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 173.75 | 173.75 | 162.38 | 151.26 | 93.85 | 59.03 |
Change in Working Capital | -0.62 | 10.46 | 13.33 | 7.11 | 31.12 | -11.6 |