Safehold (SAFE) FCF Payout Ratio (2010 - 2026)
Safehold (SAFE) reported FCF Payout Ratio of 1.49 for Q1 2026, down 204.74% year-over-year from 1.42 in Q1 2025, and down 241.36% quarter-over-quarter from 1.05 in Q4 2025.
Safehold (SAFE) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of FCF Payout Ratio data on file, last reported at 1.49 in Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 1.49, down 204.74% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.69 (up 66.95% YoY), and the FY2025 annual result was 1.07, down 19.87% from the prior year.
- FCF Payout Ratio retreated to 1.49 in Q1 2026 per SAFE's latest filing, from 1.05 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 7.08 in Q3 2023 and troughed at 9.09 in Q3 2025.
- A 5-year average of 0.28 and a median of 0.51 in 2024 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio soared 4354.72% in 2022, then sank 705051.17% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 0.67 in 2022, then dropped by 9.17% to 0.61 in 2023, then jumped by 157.82% to 1.58 in 2024, then slumped by 33.25% to 1.05 in 2025, then plunged by 241.36% to 1.49 in 2026.
- Business Quant data shows SAFE's FCF Payout Ratio at 1.49 in Q1 2026, 1.05 in Q4 2025, and 9.09 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 0.77 |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | 0.03 |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | 1.15 |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | -1.49 |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 0.07 |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | -0.17 |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 1.14 |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | 0.98 |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | 0.02 |
| 10 | One Liberty Properties | 515.72 Mn | 495.45 Mn | - | 1.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.49 |
| Dec 31, 2025 | 1.05 |
| Sep 30, 2025 | -9.09 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 1.42 |
| Dec 31, 2024 | 1.58 |
| 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 | -3.25 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 2.10 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.63 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | -0.01 |