Safehold (SAFE) Free Cash Flow (2009 - 2026)
Safehold's Free Cash Flow was $5.49 million in Q3 2026, compared with -$1.41 million a year earlier and down 84.2% from the prior quarter.
Safehold (SAFE) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Safehold's Free Cash Flow was $43.84 million through Sep 30, 2026, up 1.0% year-over-year; for FY2025, it was $47.81 million, up 26.3% from FY2024.
- In earlier years, Free Cash Flow was $37.86 million in FY2024, $2.31 million in FY2023 (-94.5%), $41.8 million in FY2022 and -$3.77 million in FY2021.
- Quarterly Free Cash Flow has moved between -$8.6 million (Q1 2026) and $34.63 million (Q2 2026) over five years.
- Compared with a year earlier, Free Cash Flow was higher in three of the last four quarters, with growth averaging 7.7%.
- The best year-over-year quarter for Free Cash Flow over five years was Q3 2024 (growth of 359.3%); the worst was Q4 2022 (a decline of 69.9%).
- Per Business Quant data, SAFE's Free Cash Flow in the three quarters before Q3 2026 was $34.63 million (Q2 2026), -$8.6 million (Q1 2026) and $12.32 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | -2.92 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 207.06 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 822.00 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 845.17 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | -1.14 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -816.27 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 71.99 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -702.56 Mn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 378.47 Mn |
| 10 | Safehold | 696.84 Mn | 806.74 Mn | 117.89 Mn | 5.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.49 Mn |
| Jun 30, 2026 | 34.63 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | 12.32 Mn |
| Sep 30, 2025 | -1.41 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Dec 31, 2024 | 7.90 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 24.76 Mn |
| Mar 31, 2024 | -3.06 Mn |
| Dec 31, 2023 | 20.80 Mn |
| Sep 30, 2023 | 1.80 Mn |
| Jun 30, 2023 | -2.66 Mn |
| Mar 31, 2023 | -6.81 Mn |
| Dec 31, 2022 | 6.74 Mn |
| Sep 30, 2022 | -578,000.00 |
| Jun 30, 2022 | 16.59 Mn |
| Mar 31, 2022 | 19.06 Mn |
| Dec 31, 2021 | 22.41 Mn |
Safehold Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SAFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "SAFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();