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.

  • Quarterly Depreciation Expense rose 10.87% to $5.1 million in Q3 2021 from the year-ago period, while the trailing twelve-month figure was $22.3 million through Sep 2021, up 30.41% year-over-year, with the annual reading at $19.5 million for FY2020, 35.42% up from the prior year.
  • Depreciation Expense for Q3 2021 was $5.1 million at Safehold, down from $5.5 million in the prior quarter.
  • The five-year high for Depreciation Expense was $6.1 million in Q4 2020, with the low at $3.5 million in Q3 2019.
  • Average Depreciation Expense over 3 years is $4.8 million, with a median of $4.8 million recorded in 2020.
  • The sharpest move saw Depreciation Expense surged 64.86% in 2020, then increased 10.87% in 2021.
  • Over 3 years, Depreciation Expense stood at $3.7 million in 2019, then soared by 64.86% to $6.1 million in 2020, then fell by 16.39% to $5.1 million in 2021.
  • According to Business Quant data, Depreciation Expense over the past three periods came in at $5.1 million, $5.5 million, and $5.6 million for Q3 2021, Q2 2021, and Q1 2021 respectively.