Safehold Inc. (SAFE)
NYSE: SAFE · Real-Time Price · USD
16.29
+0.30 (1.88%)
At close: Aug 7, 2026, 4:00 PM EDT
16.29
0.00 (0.00%)
After-hours: Aug 7, 2026, 7:00 PM EDT
Safehold Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Property Revenue | 393.45 | 358.15 | 335.31 | 306.79 | 269.08 | 186.49 |
Service and Other Revenue | 13.5 | 16.18 | 20.89 | 38.65 | 1.24 | 0.52 |
| 419.53 | 385.55 | 365.69 | 352.58 | 270.31 | 187.01 | |
Revenue Growth | 12.15% | 5.43% | 3.72% | 30.43% | 44.54% | -42.30% |
Property Expenses | 30.93 | 4.76 | 4.22 | 4.65 | 3.11 | 2.66 |
Total Property Expenses | 30.93 | 4.76 | 4.22 | 4.65 | 3.11 | 2.66 |
Gross Profit | 388.6 | 380.79 | 361.46 | 347.93 | 267.2 | 184.35 |
Selling, General & Admin | 14.34 | 54.34 | 54.92 | 68.57 | 38.61 | 28.75 |
Depreciation & Amortization Expenses | 7.92 | 8.55 | 9.95 | 9.94 | 9.61 | 9.56 |
Other Operating Expenses | 4.61 | 10.32 | 11.47 | 165.93 | 10.19 | 0.87 |
Operating Income | 361.73 | 307.58 | 285.13 | 103.49 | 208.79 | 145.17 |
Net Gains on Disposal of Properties | - | - | - | 0.45 | 55.81 | 1.83 |
Interest Income | 23.28 | 30.12 | 32.46 | 31.37 | 9.06 | 6.28 |
Interest Expense | -213.7 | -206.69 | -198.04 | -181.01 | -128.97 | -79.71 |
Other Non-Operating Income (Expense) | - | -2.22 | - | - | - | -0.22 |
Total Non-Operating Income (Expense) | -190.42 | -178.79 | -165.58 | -149.19 | -64.1 | -71.81 |
Pretax Income | 171.32 | 128.79 | 119.54 | -45.7 | 144.68 | 73.36 |
Provision for Income Taxes | 3.27 | 2.93 | 3.45 | 1.72 | - | - |
Net Income | 168.05 | 125.86 | 116.1 | -47.42 | 144.68 | 73.36 |
Minority Interest in Earnings | -0.7 | -0.16 | -0.85 | -0.41 | -9.26 | -0.23 |
Net Income to Common | 116.17 | 114.47 | 105.76 | -54.97 | 135.42 | 73.12 |
Net Income Growth | 13.14% | 8.23% | - | - | 85.20% | - |
Shares Outstanding (Basic) | 72 | 72 | 71 | 67 | 62 | 55 |
Shares Outstanding (Diluted) | 72 | 72 | 71 | 67 | 62 | 55 |
Shares Change | 0.18% | 0.47% | 7.14% | 6.88% | 12.90% | -26.98% |
EPS (Basic) | 1.62 | 1.60 | 1.48 | -0.82 | 2.17 | 1.32 |
EPS (Diluted) | 1.62 | 1.59 | 1.48 | -0.82 | 2.17 | 1.32 |
EPS Growth | 13.20% | 7.43% | - | - | 64.39% | - |
Free Cash Flow | -249.15 | -134.72 | -266.43 | -314.44 | -1,214 | -1,221 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -3.47 | -1.88 | -3.73 | -4.71 | -19.45 | -22.10 |
Dividends Per Share | 0.708 | 0.708 | 0.708 | 0.708 | 0.701 | 0.672 |
Dividend Growth | 0% | 0% | 0% | 1.00% | 4.28% | 4.60% |
Gross Margin | 92.63% | 98.77% | 98.84% | 98.68% | 98.85% | 98.58% |
Operating Margin | 86.22% | 79.78% | 77.97% | 29.35% | 77.24% | 77.62% |
Profit Margin | 40.06% | 32.64% | 31.75% | -13.45% | 53.52% | 39.23% |
FCF Margin | -59.39% | -34.94% | -72.86% | -89.18% | -448.94% | -652.93% |
EBITDA | 369.65 | 316.13 | 295.07 | 113.43 | 218.4 | 154.73 |
EBITDA Margin | 88.11% | 81.99% | 80.69% | 32.17% | 80.80% | 82.74% |
EBIT | 361.73 | 307.58 | 285.13 | 103.49 | 208.79 | 145.17 |
EBIT Margin | 86.22% | 79.78% | 77.97% | 29.35% | 77.24% | 77.62% |
Effective Tax Rate | 1.91% | 2.28% | 2.88% | -3.76% | 0.00% | 0.00% |