Safehold (SAFE) Free Cash Flow (2010 - 2026)
Safehold (SAFE) reported Free Cash Flow of -$8.6 million for Q1 2026, down 196.61% year-over-year from $8.9 million in Q1 2025, and down 169.8% quarter-over-quarter from $12.3 million in Q4 2025.
Safehold (SAFE) Free Cash Flow (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of Free Cash Flow data on file, last reported at -$8.6 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$8.6 million, down 196.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.3 million (down 39.15% YoY), and the FY2025 annual result was $47.8 million, up 26.31% from the prior year.
- Free Cash Flow declined to -$8.6 million in Q1 2026 per SAFE's latest filing, from $12.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $28.0 million in Q2 2025 and troughed at -$8.6 million in Q1 2026.
- A 5-year average of $9.1 million and a median of $8.3 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow jumped 1031.84% in 2024, then tumbled 196.61% in 2026.
- A 5-year view of Free Cash Flow shows it stood at $12.6 million in 2022, then jumped by 64.86% to $20.8 million in 2023, then tumbled by 62.03% to $7.9 million in 2024, then soared by 55.98% to $12.3 million in 2025, then slumped by 169.8% to -$8.6 million in 2026.
- Business Quant data shows SAFE's Free Cash Flow at -$8.6 million in Q1 2026, $12.3 million in Q4 2025, and -$1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 631.24 Mn |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | 74.73 Mn |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | 23.00 Mn |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | -8.60 Mn |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 50.72 Mn |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | -19.83 Mn |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 10.99 Mn |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | 17.91 Mn |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | 12.48 Mn |
| 10 | One Liberty Properties | 515.72 Mn | 495.45 Mn | - | 9.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.60 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | 12.32 Mn |
| Dec 31, 2025 | 12.32 Mn |
| Sep 30, 2025 | -1.41 Mn |
| Sep 30, 2025 | -1.41 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Dec 31, 2024 | 7.90 Mn |
| Dec 31, 2024 | 7.90 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 24.76 Mn |
| Jun 30, 2024 | 24.76 Mn |
| Mar 31, 2024 | -3.06 Mn |
| Mar 31, 2024 | -3.06 Mn |
| Dec 31, 2023 | 20.80 Mn |
| Dec 31, 2023 | 20.80 Mn |