Safehold (SAFE) Free Cash Flow (2010 - 2026)

Safehold's (SAFE) quarterly Free Cash Flow came in at -$8.6 million in Q1 2026, down 196.61% year-on-year from $8.9 million in Q1 2025, and down 169.8% on a QoQ basis 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.

  • On a quarterly basis, Free Cash Flow fell 196.61% year-over-year to -$8.6 million in Q1 2026; TTM through Mar 2026 was $30.3 million, a 39.15% decrease from a year earlier, with the FY2025 full-year figure at $47.8 million, up 26.31% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$8.6 million, down from $12.3 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SAFE reached as high as $28.0 million in Q2 2025 and fell as low as -$8.6 million in Q1 2026.
  • Historically, Free Cash Flow has averaged $9.1 million across 5 years, with a median of $8.3 million in 2024.
  • Across the five-year window, Free Cash Flow surged 1031.84% in 2024 and sank 196.61% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $12.6 million in 2022, then jumped by 64.86% to $20.8 million in 2023, then plunged by 62.03% to $7.9 million in 2024, then soared by 55.98% to $12.3 million in 2025, then tumbled by 169.8% to -$8.6 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$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 28.12 Bn 27.64 Bn 1.01 Bn 631.24 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -211.49 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 74.73 Mn
4 American Assets Trust 1.47 Bn 1.41 Bn - 23.00 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -8.60 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 50.72 Mn
7 Cim 917.30 Mn 735.54 Mn - 32.32 Mn
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -24.57 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 10.99 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 17.91 Mn

Historic Data

Download Data
DateValue
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