Safehold (SAFE) FCF Margin (2010 - 2026)

Safehold (SAFE) reported FCF Margin of 7.76% for Q1 2026, down 1687.0% year-over-year from 0.49% in Q1 2025, and down 161.63% quarter-over-quarter 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.

  • FCF Margin for Q1 2026 came in at 7.76%, down 1687.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.6% (down 586.0% YoY), and the FY2025 annual result was 12.4%, up 205.0% from the prior year.
  • FCF Margin retreated to 7.76% in Q1 2026 per SAFE's latest filing, from 12.59% 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 12.77% and a median of 9.11% in 2024 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin soared 11641 bps in 2022, then sank 4822 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 41.67% in 2022, then tumbled by 52 bps to 20.19% in 2023, then plunged by 57 bps to 8.6% in 2024, then soared by 46 bps to 12.59% in 2025, then sank by 162 bps to 7.76% in 2026.
  • Business Quant data shows SAFE's FCF Margin at 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 29.26 Bn 28.78 Bn 1.01 Bn 61.98%
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 61.55%
3 American Assets Trust 1.46 Bn 1.40 Bn - 20.89%
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn -7.76%
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 26.65%
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - -15.54%
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 26.69%
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 42.74%
9 AH Realty Trust 540.92 Mn 723.25 Mn - 23.85%
10 One Liberty Properties 510.56 Mn 490.30 Mn - -

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%