Growth Metrics

Safehold (SAFE) Depreciation Expense (2019 - 2021)

Safehold (SAFE) has disclosed Depreciation Expense for 3 consecutive years, with $5.1 million as the latest value for Q3 2021.

  • On a quarterly basis, Depreciation Expense rose 10.87% to $5.1 million in Q3 2021 year-over-year; TTM through Sep 2021 was $22.3 million, a 31.95% increase, with the full-year FY2020 number at $19.5 million, up 35.42% from a year prior.
  • Depreciation Expense was $5.1 million for Q3 2021 at Safehold, down from $5.5 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $6.1 million in Q4 2020 to a low of $3.5 million in Q3 2019.
  • A 3-year average of $4.9 million and a median of $5.0 million in 2020 define the central range for Depreciation Expense.
  • Biggest YoY gain for Depreciation Expense was 40.0% in 2021; the steepest drop was 10.87% in 2021.
  • Safehold's Depreciation Expense stood at $3.5 million in 2019, then soared by 74.29% to $6.1 million in 2020, then decreased by 16.39% to $5.1 million in 2021.
  • Per Business Quant, the three most recent readings for SAFE's Depreciation Expense are $5.1 million (Q3 2021), $5.5 million (Q2 2021), and $5.6 million (Q1 2021).