Safehold (SAFE) Accumulated Expenses (2022 - 2026)
Safehold (SAFE) recorded Accumulated Expenses of $21.07 million in Q2 2026, up 96.2% from $10.74 million a year earlier and up 28.8% from the prior quarter.
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Analysis
Safehold (SAFE) Accumulated Expenses (2022 - 2026) Analysis & Trends
At the end of FY2025, Safehold reported Accumulated Expenses of $19.09 million, up 16.7% from FY2024.
- Annual Accumulated Expenses has a three-year compound annual growth rate of 52.1% (FY2022 to FY2025).
- Across earlier years, Accumulated Expenses came in at $16.35 million in FY2024 (-15.2%), $19.27 million in FY2023 (+255.6%) and $5.42 million in FY2022.
- The Q2 2026 figure is the highest quarterly Accumulated Expenses in data going back to Q4 2022.
- On a year-over-year basis, Accumulated Expenses has increased for five consecutive quarters, with growth averaging 30.1% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 255.6% in Q4 2023, against a decline of 60.6% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $16.36 million (Q1 2026), $19.09 million (Q4 2025) and $13.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - |
| 10 | Safehold | 835.63 Mn | 959.68 Mn | 113.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.07 Mn |
| Mar 31, 2026 | 16.36 Mn |
| Dec 31, 2025 | 19.09 Mn |
| Sep 30, 2025 | 13.80 Mn |
| Jun 30, 2025 | 10.74 Mn |
| Mar 31, 2025 | 6.41 Mn |
| Dec 31, 2024 | 16.35 Mn |
| Sep 30, 2024 | 12.39 Mn |
| Jun 30, 2024 | 9.96 Mn |
| Mar 31, 2024 | 7.41 Mn |
| Dec 31, 2023 | 19.27 Mn |
| Sep 30, 2023 | 15.13 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 18.79 Mn |
| Dec 31, 2022 | 5.42 Mn |
API Access
Safehold Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=SAFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "SAFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();