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.

  • On a quarterly basis, Gross Margin fell 20.0% to 98.65% in Q4 2025 year-over-year; TTM through Dec 2025 was 98.77%, a 8.0% decrease, with the full-year FY2025 number at 98.77%, down 8.0% from a year prior.
  • Gross Margin was 98.65% for Q4 2025 at Safehold, roughly flat from 98.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 176.07% in Q3 2022 to a low of 82.31% in Q2 2021.
  • A 5-year average of 103.26% and a median of 98.83% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 8246bps in 2022, then tumbled -7724bps in 2023.
  • Safehold's Gross Margin stood at 132.66% in 2021, then decreased by -25bps to 98.86% in 2022, then fell by 0bps to 98.61% in 2023, then increased by 0bps to 98.85% in 2024, then dropped by 0bps to 98.65% in 2025.
  • Per Business Quant, the three most recent readings for SAFE's Gross Margin are 98.65% (Q4 2025), 98.55% (Q3 2025), and 99.06% (Q2 2025).