Safehold (SAFE) Interest Coverage Ratio (2010 - 2026)
Safehold's (SAFE) quarterly Interest Coverage Ratio came in at 0.48 in Q1 2026, up 1.18% year-on-year from 0.47 in Q1 2025, and down 65.29% on a QoQ basis from 1.37 in Q4 2025.
Safehold (SAFE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of Interest Coverage Ratio data on file, last reported at 0.48 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 1.18% year-over-year to 0.48 in Q1 2026; TTM through Mar 2026 was 1.88, a 15.44% increase from a year earlier, with the FY2025 full-year figure at 0.49, up 11.02% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.48, down from 1.37 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for SAFE reached as high as 3.23 in Q3 2022 and fell as low as 2.8 in Q3 2023.
- Historically, Interest Coverage Ratio has averaged 0.57 across 5 years, with a median of 0.47 in 2025.
- Across the five-year window, Interest Coverage Ratio jumped 2888.95% in 2022 and slumped 186.68% in 2023, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.22 in 2022, then surged by 780.94% to 1.96 in 2023, then tumbled by 77.09% to 0.45 in 2024, then surged by 204.84% to 1.37 in 2025, then sank by 65.29% to 0.48 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.48 in Q1 2026, 1.37 in Q4 2025, and 0.47 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 4.16 |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 2.29 |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 3.51 |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 0.48 |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 1.05 |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 1.71 |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 0.93 |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 1.37 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.51 |
| Dec 31, 2023 | 1.96 |
| Sep 30, 2023 | -2.80 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 3.23 |
| Jun 30, 2022 | 0.83 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 7.12 |
| Sep 30, 2021 | -0.28 |
| Jun 30, 2021 | -0.03 |