Safehold (SAFE) FCF Margin (2009 - 2026)
Safehold's FCF Margin was 4.62% in Q3 2026, up 6.08 percentage points from -1.46% a year earlier but down 25.59 percentage points from the prior quarter.
Safehold (SAFE) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Safehold's FCF Margin was 9.92% through Sep 30, 2026, down 1.52 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 +23.16 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 10.35% in FY2024 (+9.70 pp), 0.66% in FY2023 (-14.81 pp), 15.46% in FY2022 (+17.48 pp) and -2.02% in FY2021 (+8.74 pp).
- Quarterly FCF Margin has moved between -8.70% (Q1 2023) and 44.14% (Q4 2021) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -1.74 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2022 (a gain of 115.98 percentage points); the worst was Q1 2023 (a drop of 40.27 percentage points).
- Per Business Quant data, SAFE's FCF Margin in the three quarters before Q3 2026 was 30.21% (Q2 2026), -7.76% (Q1 2026) and 12.59% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 8.67% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 45.30% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 61.86% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | -70.50% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -44.56% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 10.98% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -58.77% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 42.53% |
| 10 | Safehold | 696.84 Mn | 806.74 Mn | 117.89 Mn | 4.62% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.62% |
| 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 | 22.24% |
| Sep 30, 2022 | -0.81% |
| Jun 30, 2022 | 25.56% |
| Mar 31, 2022 | 31.57% |
| Dec 31, 2021 | 44.14% |
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();