Safehold (SAFE) EBT Margin (2010 - 2026)

Safehold's (SAFE) quarterly EBT Margin came in at 26.69% in Q1 2026, down 433.0% year-on-year from 8.01% in Q1 2025, and down 9.65% on a QoQ basis from 29.53% in Q4 2025.

Safehold (SAFE) EBT Margin (2010 - 2026) Analysis & Trends

Safehold (SAFE) has 17 years of EBT Margin data on file, last reported at 26.69% in Q1 2026.

  • On a quarterly basis, EBT Margin fell 433.0% year-over-year to 26.69% in Q1 2026; TTM through Mar 2026 was 29.31%, a 10.0% decrease from a year earlier, with the FY2025 full-year figure at 30.49%, up 40.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 26.69%, down from 29.53% in the prior quarter.
  • Over the last five years, EBT Margin for SAFE reached as high as 105.15% in Q3 2022 and fell as low as 143.51% in Q3 2023.
  • Historically, EBT Margin has averaged 23.99% across 5 years, with a median of 30.71% in 2025.
  • Across the five-year window, EBT Margin tumbled 24867 bps in 2023 and surged 16624 bps in 2024, its largest moves.
  • Year by year, EBT Margin stood at 71.59% in 2022, then sank by 42 bps to 41.34% in 2023, then slipped by 28 bps to 29.91% in 2024, then dropped by 1 bps to 29.53% in 2025, then fell by 10 bps to 26.69% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 26.69% in Q1 2026, 29.53% in Q4 2025, and 30.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 87.37%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 42.05%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 15.09%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 26.69%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 1.02%
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -18.06%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 15.22%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 26.69%
Dec 31, 2025 29.53%
Sep 30, 2025 30.71%
Jun 30, 2025 30.72%
Mar 31, 2025 31.01%
Dec 31, 2024 29.91%
Sep 30, 2024 22.73%
Jun 30, 2024 33.89%
Mar 31, 2024 33.79%
Dec 31, 2023 41.34%
Sep 30, 2023 -143.51%
Jun 30, 2023 26.43%
Mar 31, 2023 6.02%
Dec 31, 2022 71.59%
Sep 30, 2022 105.15%
Jun 30, 2022 35.00%
Mar 31, 2022 -3.12%
Dec 31, 2021 30.19%
Sep 30, 2021 76.13%
Jun 30, 2021 -66.56%