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
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