Safehold (SAFE) Interest Expenses (2010 - 2026)
Safehold's (SAFE) quarterly Interest Expenses came in at $53.7 million in Q1 2026, little changed year-on-year from $53.8 million in Q1 2025, and up 174.65% on a QoQ basis from $19.6 million in Q4 2025.
Safehold (SAFE) Interest Expenses (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of Interest Expenses data on file, last reported at $53.7 million in Q1 2026.
- On a quarterly basis, Interest Expenses changed 0.2% year-over-year to $53.7 million in Q1 2026; TTM through Mar 2026 was $53.7 million, a 0.2% change from a year earlier, with the FY2025 full-year figure at $206.7 million, up 4.36% from the prior year.
- Interest Expenses for Q1 2026 stood at $53.7 million, up from $19.6 million in the prior quarter.
- Over the last five years, Interest Expenses for SAFE reached as high as $87.1 million in Q4 2022 and fell as low as $17.8 million in Q4 2023.
- Historically, Interest Expenses has averaged $44.0 million across 5 years, with a median of $48.6 million in 2024.
- Across the five-year window, Interest Expenses sank 98.45% in 2022 and soared 183.13% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $87.1 million in 2022, then slumped by 79.58% to $17.8 million in 2023, then surged by 183.13% to $50.3 million in 2024, then tumbled by 61.14% to $19.6 million in 2025, then jumped by 174.65% to $53.7 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $53.7 million in Q1 2026, $19.6 million in Q4 2025, and $52.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn | 239.46 Mn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn | 78.46 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - | 25.26 Mn |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - | 6.61 Mn |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn | 53.73 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - | 28.14 Mn |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - | 41.53 Mn |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - | 35.55 Mn |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn | 11.06 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | 11.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.73 Mn |
| Mar 31, 2026 | 53.73 Mn |
| Dec 31, 2025 | 19.56 Mn |
| Dec 31, 2025 | 19.56 Mn |
| Sep 30, 2025 | 52.48 Mn |
| Sep 30, 2025 | 52.48 Mn |
| Jun 30, 2025 | 53.03 Mn |
| Jun 30, 2025 | 53.03 Mn |
| Mar 31, 2025 | 53.83 Mn |
| Mar 31, 2025 | 53.83 Mn |
| Dec 31, 2024 | 50.34 Mn |
| Dec 31, 2024 | 50.34 Mn |
| Sep 30, 2024 | 49.96 Mn |
| Sep 30, 2024 | 49.96 Mn |
| Jun 30, 2024 | 49.11 Mn |
| Jun 30, 2024 | 49.11 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Dec 31, 2023 | 17.78 Mn |
| Dec 31, 2023 | 17.78 Mn |