Safehold (SAFE) FCF Payout Ratio (2016 - 2026)
Safehold's (SAFE) quarterly FCF Payout Ratio came in at 1.48 in Q1 2026, down 202.63% year-on-year from 1.44 in Q1 2025, and down 240.17% on a QoQ basis from 1.05 in Q4 2025.
Safehold (SAFE) FCF Payout Ratio (2016 - 2026) Analysis & Trends
Safehold (SAFE) has 11 years of FCF Payout Ratio data on file, last reported at 1.48 in Q1 2026.
- On a quarterly basis, FCF Payout Ratio fell 202.63% year-over-year to 1.48 in Q1 2026; TTM through Mar 2026 was 1.69, a 64.6% increase from a year earlier, with the FY2025 full-year figure at 1.07, down 20.31% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 1.48, down from 1.05 in the prior quarter.
- Over the last five years, FCF Payout Ratio for SAFE reached as high as 7.08 in Q3 2023 and fell as low as 9.09 in Q3 2025.
- Historically, FCF Payout Ratio has averaged 0.18 across 5 years, with a median of 0.51 in 2024.
- Across the five-year window, FCF Payout Ratio soared 1260.45% in 2022 and slumped 353594.3% in 2023, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.67 in 2022, then retreated by 9.17% to 0.61 in 2023, then soared by 167.43% to 1.64 in 2024, then plunged by 35.64% to 1.05 in 2025, then slumped by 240.17% to 1.48 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 1.48 in Q1 2026, 1.05 in Q4 2025, and 9.09 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 0.77 |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | -0.97 |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 0.75 |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 1.15 |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | -1.48 |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 0.07 |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 0.92 |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | -0.14 |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 0.02 |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 0.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.48 |
| Dec 31, 2025 | 1.05 |
| Sep 30, 2025 | -9.09 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 1.44 |
| Dec 31, 2024 | 1.64 |
| Sep 30, 2024 | 1.54 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | -4.10 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 7.08 |
| Jun 30, 2023 | -4.32 |
| Mar 31, 2023 | -1.63 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 2.10 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.87 |
| Sep 30, 2021 | -0.18 |
| Jun 30, 2021 | -0.34 |