Safehold Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	114.63	106.62	-54.57	144.68	73.36
Depreciation & Amortization	8.55	9.95	9.94	9.61	9.56
Stock-Based Compensation	12.55	13.76	23.23	1.55	1.75
Other Adjustments	-113.56	-105.8	44.87	-142.36	-46.12
Changes in Accounts Payable	8.06	8.07	-5.97	20.07	-11.31
Changes in Other Operating Activities	2.4	5.26	13.08	11.04	-0.29
Operating Cash Flow	47.81	37.86	15.39	64.85	26.92
Operating Cash Flow Growth	26.31%	145.95%	-76.27%	140.93%	22.99%
Capital Expenditures	-182.53	-304.28	-329.83	-1,278	-1,248
Sale of Property, Plant & Equipment	4.11	5.76	5.83	135.53	-
Purchases of Investments	-75.16	-10.05	-166.93	-0.01	-39.46
Proceeds from Sale of Investments	9.53	52.43	-	-	-
Payments for Business Acquisitions	-	-	-85.47	-	-
Other Investing Activities	8.93	42.9	-1.34	-3.37	-0.56
Investing Cash Flow	-237.18	-212.37	-576.57	-1,146	-1,288
Long-Term Debt Issued	2,011	2,272	577	2,272	1,848
Long-Term Debt Repaid	1,523	2,008	150	2,008	830
Net Long-Term Debt Issued (Repaid)	3,534	4,280	727	4,280	2,678
Issuance of Common Stock	-	-	151.94	-	243.35
Net Common Stock Issued (Repurchased)	-	-	151.94	-	243.35
Common Dividends Paid	-50.92	-50.59	-46.04	-42.19	-35.95
Other Financing Activities	-238.74	-66.92	29.76	-7.75	-22.71
Financing Cash Flow	202.98	144.89	559.53	1,091	1,203
Net Cash Flow	13.62	-29.62	-1.65	9.87	-57.95
Free Cash Flow	-134.72	-266.43	-314.44	-1,214	-1,221
FCF Margin	-34.94%	-72.86%	-89.18%	-448.94%	-652.93%
Free Cash Flow Per Share	-1.88	-3.73	-4.71	-19.45	-22.10
Levered Free Cash Flow	3,485	4,104	359.24	3,177	1,502
Unlevered Free Cash Flow	137.06	-4.09	-205.4	-1,029	-1,105

SEC Filings: 10-K · 10-Q