Safehold (SAFE) FCF Margin (2010 - 2026)
Safehold (SAFE) posted quarterly FCF Margin of 30.21% for Q2 2026, up 37.0% year-over-year from 22.05% in Q2 2025, and up 489.45% on a QoQ basis from 7.76% in Q1 2026.
Safehold (SAFE) FCF Margin (2010 - 2026) Analysis & Trends
Safehold has reported FCF Margin for 17 years, with the latest figure at 30.21% in Q2 2026.
- FCF Margin for Q2 2026 came in at 30.21%, up 37.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 8.81% (down 538.0% YoY), and the FY2025 annual result was 12.4%, up 205.0% from the prior year.
- FCF Margin rose to 30.21% in Q2 2026, from 7.76% in the prior quarter.
- Over five years, FCF Margin peaked at 41.67% in Q4 2022 and troughed at 8.7% in Q1 2023.
- A 5-year average of 13.74% and a median of 9.11% in 2024 frame the typical range for FCF Margin.
- The widest annual swing landed in 2022, when FCF Margin jumped 11641 bps; it then sank 4822 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 41.67% in 2022, then slumped by 52 bps to 20.19% in 2023, then tumbled by 57 bps to 8.6% in 2024, then jumped by 46 bps to 12.59% in 2025, then soared by 140 bps to 30.21% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 30.21% in Q2 2026, 7.76% in Q1 2026, and 12.59% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 27.75% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 56.05% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | 26.81% |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 58.05% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 30.21% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -12.25% |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -5.81% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 24.74% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 0.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.21% |
| 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% |