Safehold (SAFE) Gross Margin (2012 - 2026)
Safehold (SAFE) recorded Gross Margin of 99.34% in Q3 2026, up 0.79 percentage points from 98.55% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Safehold (SAFE) Gross Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Safehold's Gross Margin came in at 99.05% as of Sep 30, 2026, up 0.24 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 Q3 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 +0.12 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 99.33% (Q2 2026), 98.82% (Q1 2026) and 98.65% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 39.55% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 8.20% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -184.88% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 40.62% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 73.16% |
| 10 | Safehold | 696.84 Mn | 806.74 Mn | 117.89 Mn | 99.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 99.34% |
| 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% |
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();