Safehold (SAFE) FCF Margin (2010 - 2026)

Safehold's (SAFE) quarterly FCF Margin came in at 7.76% in Q1 2026, down 1687.0% year-on-year from 0.49% in Q1 2025, and down 161.63% on a QoQ basis from 12.59% in Q4 2025.

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

Safehold (SAFE) has 17 years of FCF Margin data on file, last reported at 7.76% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 1687.0% year-over-year to 7.76% in Q1 2026; TTM through Mar 2026 was 7.6%, a 586.0% decrease from a year earlier, with the FY2025 full-year figure at 12.4%, up 205.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 7.76%, down from 12.59% in the prior quarter.
  • Over the last five years, FCF Margin for SAFE reached as high as 41.67% in Q4 2022 and fell as low as 8.7% in Q1 2023.
  • Historically, FCF Margin has averaged 12.77% across 5 years, with a median of 9.11% in 2024.
  • Across the five-year window, FCF Margin jumped 11641 bps in 2022 and tumbled 4822 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 41.67% in 2022, then plunged by 52 bps to 20.19% in 2023, then sank by 57 bps to 8.6% in 2024, then soared by 46 bps to 12.59% in 2025, then slumped by 162 bps to 7.76% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 7.76% in Q1 2026, 12.59% in Q4 2025, and 1.46% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 61.98%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -46.53%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 61.55%
4 American Assets Trust 1.47 Bn 1.41 Bn - 20.89%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -7.76%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 26.65%
7 Cim 917.30 Mn 735.54 Mn - 33.12%
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -19.25%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 26.69%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 42.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.76%
Dec 31, 2025 12.59%
Sep 30, 2025 -1.46%
Jun 30, 2025 29.84%
Mar 31, 2025 9.11%
Dec 31, 2024 8.60%
Sep 30, 2024 9.11%
Jun 30, 2024 27.54%
Mar 31, 2024 -3.29%
Dec 31, 2023 20.19%
Sep 30, 2023 2.10%
Jun 30, 2023 -3.10%
Mar 31, 2023 -8.70%
Dec 31, 2022 41.67%
Sep 30, 2022 7.32%
Jun 30, 2022 33.83%
Mar 31, 2022 39.52%
Dec 31, 2021 60.54%
Sep 30, 2021 26.93%
Jun 30, 2021 -82.59%