Safehold (SAFE) EBITDA (2010 - 2026)
Safehold's (SAFE) quarterly EBITDA came in at $25.5 million in Q1 2026, up 0.97% year-on-year from $25.3 million in Q1 2025, and down 4.67% on a QoQ basis from $26.8 million in Q4 2025.
Safehold (SAFE) EBITDA (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of EBITDA data on file, last reported at $25.5 million in Q1 2026.
- On a quarterly basis, EBITDA rose 0.97% year-over-year to $25.5 million in Q1 2026; TTM through Mar 2026 was $101.1 million, a 15.2% increase from a year earlier, with the FY2025 full-year figure at $100.9 million, up 15.86% from the prior year.
- EBITDA for Q1 2026 stood at $25.5 million, down from $26.8 million in the prior quarter.
- Over the last five years, EBITDA for SAFE reached as high as $73.1 million in Q3 2022 and fell as low as -$130.2 million in Q3 2023.
- Historically, EBITDA has averaged $16.0 million across 5 years, with a median of $23.9 million in 2025.
- Across the five-year window, EBITDA soared 996.52% in 2022 and tumbled 278.06% in 2023, its largest moves.
- Year by year, EBITDA stood at $19.4 million in 2022, then jumped by 79.89% to $34.9 million in 2023, then plunged by 35.14% to $22.6 million in 2024, then gained by 18.45% to $26.8 million in 2025, then fell by 4.67% to $25.5 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $25.5 million in Q1 2026, $26.8 million in Q4 2025, and $24.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 996.08 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 179.72 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 23.22 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 25.55 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 29.46 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 60.92 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 10.29 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.55 Mn |
| Dec 31, 2025 | 26.80 Mn |
| Sep 30, 2025 | 24.88 Mn |
| Jun 30, 2025 | 23.92 Mn |
| Mar 31, 2025 | 25.30 Mn |
| Dec 31, 2024 | 22.63 Mn |
| Sep 30, 2024 | 15.87 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 24.59 Mn |
| Dec 31, 2023 | 34.88 Mn |
| Sep 30, 2023 | -130.24 Mn |
| Jun 30, 2023 | 15.83 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Dec 31, 2022 | 19.39 Mn |
| Sep 30, 2022 | 73.15 Mn |
| Jun 30, 2022 | 20.46 Mn |
| Mar 31, 2022 | 22.63 Mn |
| Dec 31, 2021 | 410.87 Mn |
| Sep 30, 2021 | -8.16 Mn |
| Jun 30, 2021 | -47.32 Mn |