Safehold Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 1, 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
Market Cap	1,067	982	1,320	1,663	1,786	5,499
Market Cap Growth	-1.59%	-25.59%	-20.62%	-6.87%	-67.53%	2.56%
Enterprise Value	5,750	5,578	5,659	5,763	5,310	7,944
Last Close Price	14.86	13.69	18.48	23.40	28.62	79.85
PE Ratio	9.40	8.61	12.49	-28.54	13.19	60.49
PS Ratio	2.56	2.55	3.61	4.72	6.61	29.41
PB Ratio	0.44	0.41	0.56	0.75	0.83	6.46
P/TBV Ratio	0.44	0.41	0.56	0.70	0.83	5.18
P/FCF Ratio	-	-7.29	-4.96	-5.29	-1.47	-4.50
P/OCF Ratio	35.21	20.55	34.88	108.06	27.54	204.31
EV/Sales Ratio	13.80	14.47	15.48	16.35	19.64	42.48
EV/EBITDA Ratio	16.95	17.64	19.18	50.81	24.31	51.34
EV/EBIT Ratio	17.49	18.14	19.85	55.69	25.43	54.72
EV/FCF Ratio	-	-41.41	-21.24	-18.33	-4.38	-6.51
Debt / Equity Ratio	1.91	1.88	1.82	1.78	1.64	2.42
Debt / EBITDA Ratio	14.67	14.51	14.63	35.74	16.12	16.62
Debt / FCF Ratio	-	-34.04	-16.20	-12.89	-2.90	-2.11
Net Debt / Equity Ratio	1.93	1.90	1.84	1.81	1.64	2.62
Net Debt / EBITDA Ratio	14.61	14.44	14.60	35.58	16.03	14.43
Net Debt / FCF Ratio	-	-33.88	-16.17	-12.83	-2.88	-1.83
Asset Turnover	0.05	0.05	0.05	0.06	0.05	0.04
Quick Ratio	14.37	14.04	14.16	13.54	15.38	0.29
Current Ratio	14.42	14.10	14.22	13.75	15.66	0.32
Return on Equity (ROE)	5.53%	5.23%	4.99%	-2.14%	9.02%	6.90%
Return on Assets (ROA)	4.29%	4.25%	4.12%	1.73%	3.91%	2.99%
Return on Invested Capital (ROIC)	4.40%	4.35%	4.21%	1.77%	4.18%	3.29%
Return on Capital Employed (ROCE)	4.48%	4.44%	4.33%	1.70%	4.45%	3.97%
Earnings Yield	10.68%	11.61%	8.01%	-3.50%	7.58%	1.65%
FCF Yield	-	-13.71%	-20.18%	-18.91%	-67.96%	-22.20%
Dividend Yield	4.76%	5.19%	3.84%	2.95%	2.36%	0.81%
Payout Ratio	44.78%	44.49%	47.83%	-83.75%	31.15%	49.16%
Buyback Yield / Dilution	-0.45%	-0.47%	-7.14%	-6.89%	-12.90%	26.98%
Total Shareholder Return	4.32%	4.72%	-3.30%	-3.94%	-10.54%	27.80%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q