Safehold (SAFE) FCF Margin (2010 - 2026)
Safehold's FCF Margin was 30.21% in Q2 2026, up 0.37 percentage points from 29.84% a year earlier and up 37.97 percentage points from the prior quarter.
Safehold (SAFE) FCF Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Safehold's FCF Margin was 8.81% through Jun 30, 2026, down 5.38 percentage points year-over-year; for FY2025, it came in at 12.40%, up 2.05 percentage points from FY2024.
- FCF Margin shows a five-year change of +10.52 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 10.35% in FY2024 (+5.99 pp), 4.37% in FY2023 (-19.19 pp), 23.56% in FY2022 (+12.78 pp) and 10.78% in FY2021 (+8.90 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin since Q4 2022.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -1.90 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2022 (a gain of 116.41 percentage points); the worst was Q1 2023 (a drop of 48.22 percentage points).
- Per Business Quant data, SAFE's FCF Margin in the three quarters before Q2 2026 was -7.76% (Q1 2026), 12.59% (Q4 2025) and -1.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Safehold | 835.63 Mn | 959.68 Mn | 113.88 Mn | 30.21% |
Historic 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 | 22.38% |
| 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% |
Safehold FCF Margin 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=fcf-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();