Safehold (SAFE) Gross Margin (2015 - 2026)

Safehold's (SAFE) quarterly Gross Margin came in at 98.82% in Q1 2026, little changed year-on-year from 98.82% in Q1 2025, and little changed on a QoQ basis from 98.65% in Q4 2025.

Safehold (SAFE) Gross Margin (2015 - 2026) Analysis & Trends

Safehold (SAFE) has 12 years of Gross Margin data on file, last reported at 98.82% in Q1 2026.

  • On a quarterly basis, Gross Margin changed 0.0% year-over-year to 98.82% in Q1 2026; TTM through Mar 2026 was 98.77%, a 7.0% decrease from a year earlier, with the FY2025 full-year figure at 98.77%, down 8.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 98.82%, roughly flat from 98.65% in the prior quarter.
  • Over the last five years, Gross Margin for SAFE reached as high as 99.06% in Q2 2025 and fell as low as 97.23% in Q4 2022.
  • Historically, Gross Margin has averaged 98.69% across 5 years, with a median of 98.82% in 2026.
  • On a YoY basis, Gross Margin climbed as much as 516 bps in 2022 and fell as far as 28812 bps in 2022.
  • Year by year, Gross Margin stood at 97.23% in 2022, then grew by 1 bps to 98.61% in 2023, then grew by 0 bps to 98.85% in 2024, then fell by 0 bps to 98.65% in 2025, then grew by 0 bps to 98.82% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 98.82% in Q1 2026, 98.65% in Q4 2025, and 98.55% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vici Properties 28.62 Bn 28.14 Bn 1.01 Bn 99.36%
2 W. P. Carey 16.93 Bn 16.93 Bn 434.82 Mn 95.67%
3 Broadstone Net Lease 4.27 Bn 4.25 Bn - -
4 Global Net Lease 1.90 Bn 1.78 Bn - -
5 American Assets Trust 1.47 Bn 1.47 Bn - -
6 Safehold 1.19 Bn -2.44 Bn 109.54 Mn 98.82%
7 Empire State Realty Trust 969.42 Mn 969.42 Mn - -
8 Cim 917.30 Mn 735.54 Mn - -
9 JBG SMITH Properties 858.04 Mn 858.04 Mn - -
10 CTO Realty Growth 716.07 Mn 716.07 Mn 31.01 Mn 75.30%

Historic Data

Download Data
DateValue
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 385.35%
Sep 30, 2021 97.15%
Jun 30, 2021 99.98%