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| Date | Value |
|---|---|
| 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% |