Safehold (SAFE) Invested Capital (2010 - 2026)
Safehold (SAFE) posted quarterly Invested Capital of $4.7 billion for Q2 2026, up 4.7% year-over-year from $4.5 billion in Q2 2025, and down 0.88% on a QoQ basis from $4.8 billion in Q1 2026.
Safehold (SAFE) Invested Capital (2010 - 2026) Analysis & Trends
Safehold has reported Invested Capital for 11 years, with the latest figure at $4.7 billion in Q2 2026.
- Invested Capital for Q2 2026 came in at $4.7 billion, up 4.7% year-over-year; the trailing twelve-month figure through Jun 2026 was $18.7 billion (up 6.02% YoY), and the FY2025 annual result was $4.6 billion, up 6.14% from the prior year.
- Invested Capital eased to $4.7 billion in Q2 2026, from $4.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $4.8 billion in Q1 2026 and troughed at $1.7 billion in Q3 2022.
- A 5-year average of $3.9 billion and a median of $4.2 billion in 2024 frame the typical range for Invested Capital.
- The widest annual swing landed in 2022, when Invested Capital sank 48.5%; it then jumped 133.79% in 2023.
- A 5-year view of Invested Capital shows it stood at $3.6 billion in 2022, then grew by 14.9% to $4.1 billion in 2023, then grew by 6.74% to $4.4 billion in 2024, then rose by 6.14% to $4.6 billion in 2025, then grew by 1.47% to $4.7 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $4.7 billion in Q2 2026, $4.8 billion in Q1 2026, and $4.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | - |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | - |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | - |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | - |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 4.71 Bn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | - |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 660.80 Mn |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.71 Bn |
| Mar 31, 2026 | 4.75 Bn |
| Dec 31, 2025 | 4.64 Bn |
| Sep 30, 2025 | 4.57 Bn |
| Jun 30, 2025 | 4.50 Bn |
| Mar 31, 2025 | 4.40 Bn |
| Dec 31, 2024 | 4.37 Bn |
| Sep 30, 2024 | 4.34 Bn |
| Jun 30, 2024 | 4.24 Bn |
| Mar 31, 2024 | 4.19 Bn |
| Dec 31, 2023 | 4.10 Bn |
| Sep 30, 2023 | 3.98 Bn |
| Jun 30, 2023 | 4.03 Bn |
| Mar 31, 2023 | 3.95 Bn |
| Dec 31, 2022 | 3.57 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 1.86 Bn |
| Mar 31, 2022 | 2.11 Bn |
| Dec 31, 2021 | 2.60 Bn |
| Sep 30, 2021 | 152.63 Mn |