Safehold (SAFE) EV to EBITDA (2010 - 2026)
Safehold's EV to EBITDA came in at 8.02 for Q3 2026, down 20.9% from 10.14 a year earlier and down 25.5% from the prior quarter.
Safehold (SAFE) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Safehold reported EV to EBITDA of 7.57, down 22.7% year-over-year; for FY2025, it came in at 8.60, down 34.6% from FY2024.
- Going back by year, EV to EBITDA was 13.14 in FY2024, 4.15 in FY2022 (-79.8%) and 20.53 in FY2021.
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q4 2022.
- Year-over-year, EV to EBITDA has declined for five consecutive quarters, with an average decline of 26.4% over the last five quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2023 (growth of 595.3%), and the weakest in Q3 2025 (a decline of 38.6%).
- Business Quant data shows SAFE's EV to EBITDA at 10.78 (Q2 2026), 8.52 (Q1 2026) and 8.60 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Safehold | 696.84 Mn | 806.74 Mn | 117.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.02 |
| Jun 30, 2026 | 10.78 |
| Mar 31, 2026 | 8.52 |
| Dec 31, 2025 | 8.60 |
| Sep 30, 2025 | 10.14 |
| Jun 30, 2025 | 11.04 |
| Mar 31, 2025 | 13.19 |
| Dec 31, 2024 | 13.14 |
| Sep 30, 2024 | 16.52 |
| Jun 30, 2023 | 12.22 |
| Mar 31, 2023 | 14.59 |
| Dec 31, 2022 | 4.15 |
| Sep 30, 2022 | 0.90 |
| Jun 30, 2022 | 1.76 |
| Mar 31, 2022 | 3.18 |
| Dec 31, 2021 | 5.41 |
| Mar 31, 2012 | 3.49 |
| Dec 31, 2011 | 0.07 |
| Sep 30, 2011 | 0.57 |
| Jun 30, 2011 | 0.79 |
Safehold EV to EBITDA 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=ev-to-ebitda&ticker=SAFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();