Safehold (SAFE) Non-Current Debt (2010 - 2026)

Safehold's (SAFE) quarterly Non-Current Debt came in at $4.7 billion in Q1 2026, up 8.19% year-on-year from $4.3 billion in Q1 2025, and up 2.42% on a QoQ basis from $4.6 billion in Q4 2025.

Safehold (SAFE) Non-Current Debt (2010 - 2026) Analysis & Trends

Safehold (SAFE) has 16 years of Non-Current Debt data on file, last reported at $4.7 billion in Q1 2026.

  • On a quarterly basis, Non-Current Debt rose 8.19% year-over-year to $4.7 billion in Q1 2026; TTM through Mar 2026 was $4.7 billion, a 8.19% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 6.22% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $4.7 billion, up from $4.6 billion in the prior quarter.
  • Over the last five years, Non-Current Debt for SAFE reached as high as $4.7 billion in Q1 2026 and fell as low as $1.7 billion in Q3 2022.
  • Historically, Non-Current Debt has averaged $3.8 billion across 5 years, with a median of $4.1 billion in 2024.
  • Across the five-year window, Non-Current Debt sank 48.8% in 2022 and jumped 134.3% in 2023, its largest moves.
  • Year by year, Non-Current Debt stood at $3.5 billion in 2022, then increased by 15.14% to $4.1 billion in 2023, then grew by 6.49% to $4.3 billion in 2024, then grew by 6.22% to $4.6 billion in 2025, then increased by 2.42% to $4.7 billion in 2026.
  • Per Business Quant data, the three most recent Non-Current Debt figures were $4.7 billion in Q1 2026, $4.6 billion in Q4 2025, and $4.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 16.79 Bn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 61.97 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 397.64 Mn
4 American Assets Trust 1.47 Bn 1.41 Bn - 1.61 Bn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 4.70 Bn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 621.39 Mn
7 Cim 917.30 Mn 735.54 Mn - 2.70 Bn
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 718.62 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 649.53 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 34.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.70 Bn
Dec 31, 2025 4.59 Bn
Sep 30, 2025 4.51 Bn
Jun 30, 2025 4.44 Bn
Mar 31, 2025 4.34 Bn
Dec 31, 2024 4.32 Bn
Sep 30, 2024 4.30 Bn
Jun 30, 2024 4.19 Bn
Mar 31, 2024 4.14 Bn
Dec 31, 2023 4.05 Bn
Sep 30, 2023 3.94 Bn
Jun 30, 2023 3.98 Bn
Mar 31, 2023 3.90 Bn
Dec 31, 2022 3.52 Bn
Sep 30, 2022 1.68 Bn
Jun 30, 2022 1.83 Bn
Mar 31, 2022 2.08 Bn
Dec 31, 2021 2.57 Bn
Sep 30, 2021 3.28 Bn
Jun 30, 2021 3.29 Bn