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
DateValue
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