Safehold (SAFE) Gross Margin (2015 - 2026)
Safehold (SAFE) recorded Gross Margin of 99.33% in Q2 2026, up 0.27 percentage points from 99.06% a year earlier and up 0.51 percentage points from the prior quarter.
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Analysis
Safehold (SAFE) Gross Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Safehold's Gross Margin came in at 98.86% as of Jun 30, 2026, down 0.04 percentage points year-over-year; for FY2025, it was 98.77%, down 0.08 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +122.65 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 98.84% in FY2024 (+0.16 pp), 98.68% in FY2023 (-0.17 pp), 98.85% in FY2022 (+0.27 pp) and 98.58% in FY2021 (+122.46 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2021.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of +0.03 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 769.95 percentage points in Q4 2021, against a drop of 644.51 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 98.82% (Q1 2026), 98.65% (Q4 2025) and 98.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 39.34% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | - |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 73.49% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 99.30% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Safehold | 851.97 Mn | 976.02 Mn | 113.88 Mn | 99.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.33% |
| Mar 31, 2026 | 98.82% |
| Dec 31, 2025 | 98.65% |
| Sep 30, 2025 | 98.55% |
| Jun 30, 2025 | 99.06% |
| Mar 31, 2025 | 98.81% |
| Dec 31, 2024 | 98.85% |
| Sep 30, 2024 | 98.85% |
| Jun 30, 2024 | 98.84% |
| Mar 31, 2024 | 98.84% |
| Dec 31, 2023 | 98.61% |
| Sep 30, 2023 | 98.83% |
| Jun 30, 2023 | 98.82% |
| Mar 31, 2023 | 98.46% |
| Dec 31, 2022 | 97.23% |
| Sep 30, 2022 | 98.79% |
| Jun 30, 2022 | 98.92% |
| Mar 31, 2022 | 98.83% |
| Dec 31, 2021 | 741.74% |
| Sep 30, 2021 | 29.86% |
API Access
Safehold Gross Margin 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=gross-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();