Safehold (SAFE) Net Margin (2010 - 2026)
Safehold (SAFE) recorded Net Margin of 26.30% in Q2 2026, down 3.48 percentage points from 29.78% a year earlier but up 0.27 percentage points from the prior quarter.
Safehold (SAFE) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Safehold's Net Margin came in at 27.69% as of Jun 30, 2026, up 0.24 percentage points year-over-year; for FY2025, it came in at 29.69%, up 0.77 percentage points from FY2024.
- Annual Net Margin has a five-year change of +50.03 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 28.92% in FY2024 (+44.51 pp), -15.59% in FY2023 (-65.69 pp), 50.10% in FY2022 (+11.00 pp) and 39.10% in FY2021 (+59.44 pp).
- Quarterly Net Margin has ranged from -143.72% in Q3 2023 to 1011.97% in Q1 2022 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of +18.63 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 1012.64 percentage points in Q1 2022, against a drop of 1005.99 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.04% (Q1 2026), 28.48% (Q4 2025) and 30.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 43.74% |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 170.16% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 22.22% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 36.52% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 4.08% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Safehold | 851.97 Mn | 976.02 Mn | 113.88 Mn | 26.30% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.30% |
| Mar 31, 2026 | 26.04% |
| Dec 31, 2025 | 28.48% |
| Sep 30, 2025 | 30.45% |
| Jun 30, 2025 | 29.78% |
| Mar 31, 2025 | 30.06% |
| Dec 31, 2024 | 28.34% |
| Sep 30, 2024 | 21.31% |
| Jun 30, 2024 | 33.00% |
| Mar 31, 2024 | 32.97% |
| Dec 31, 2023 | 39.97% |
| Sep 30, 2023 | -143.72% |
| Jun 30, 2023 | 25.83% |
| Mar 31, 2023 | 5.98% |
| Dec 31, 2022 | 71.98% |
| Sep 30, 2022 | 92.16% |
| Jun 30, 2022 | 34.95% |
| Mar 31, 2022 | 1,011.97% |
| Dec 31, 2021 | 13.94% |
| Sep 30, 2021 | 84.84% |
Safehold Net 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=net-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();