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
DateValue
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