Growth Metrics

Safehold (SAFE) Gross Margin (2016 - 2025)

Safehold (SAFE) has disclosed Gross Margin for 11 consecutive years, with 98.65% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 20.0% to 98.65% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 98.77% through Dec 2025, down 8.0% year-over-year, with the annual reading at 98.77% for FY2025, 8.0% down from the prior year.
  • Gross Margin for Q4 2025 was 98.65% at Safehold, roughly flat from 98.55% in the prior quarter.
  • The five-year high for Gross Margin was 121.55% in Q4 2021, with the low at 90.69% in Q2 2021.
  • Average Gross Margin over 5 years is 99.24%, with a median of 98.82% recorded in 2023.
  • Peak annual rise in Gross Margin hit 1105bps in 2021, while the deepest fall reached -10266bps in 2021.
  • Over 5 years, Gross Margin stood at 121.55% in 2021, then dropped by -20bps to 97.23% in 2022, then rose by 1bps to 98.61% in 2023, then rose by 0bps to 98.85% in 2024, then decreased by 0bps to 98.65% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 98.65%, 98.55%, and 99.06% for Q4 2025, Q3 2025, and Q2 2025 respectively.