Safehold (SAFE) Non Operating Interest Expenses (2010 - 2024)
Safehold (SAFE) reported Non Operating Interest Expenses of $49.96 million for Q3 2024, up 7.3% from $46.55 million a year earlier and up 1.7% from the prior quarter.
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Analysis
Safehold (SAFE) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Safehold's Non Operating Interest Expenses came in at $195.23 million, up 13.9% year-over-year; for FY2023, it was $181.01 million, up 40.4% from FY2022.
- Non Operating Interest Expenses has a five-year compound annual growth rate of -0.3% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $128.97 million in FY2022 (+61.8%), $79.71 million in FY2021 (-37.2%), $126.83 million in FY2020 (-10.5%) and $141.7 million in FY2019 (-22.9%).
- The Q3 2024 figure ranks as the highest quarterly Non Operating Interest Expenses since Q1 2017.
- Year over year, Non Operating Interest Expenses has now increased in each of the last seven quarters, with growth averaging 29.0% over the last seven quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q1 2023 (growth of 61.4%); the low point was Q4 2019 (a decline of 89.9%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $49.11 million (Q2 2024), $48.63 million (Q1 2024) and $47.53 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 276.31 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 272.33 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 84.78 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 82.46 Mn |
| 10 | Safehold | 835.63 Mn | 959.68 Mn | 113.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 49.96 Mn |
| Jun 30, 2024 | 49.11 Mn |
| Mar 31, 2024 | 48.63 Mn |
| Dec 31, 2023 | 47.53 Mn |
| Sep 30, 2023 | 46.55 Mn |
| Jun 30, 2023 | 46.06 Mn |
| Mar 31, 2023 | 40.87 Mn |
| Dec 31, 2022 | 37.92 Mn |
| Sep 30, 2022 | 35.46 Mn |
| Jun 30, 2022 | 30.27 Mn |
| Mar 31, 2022 | 25.32 Mn |
| Dec 31, 2021 | -6.44 Mn |
| Sep 30, 2021 | 28.70 Mn |
| Jun 30, 2021 | 28.64 Mn |
| Mar 31, 2021 | 28.81 Mn |
| Dec 31, 2020 | -920,000.00 |
| Sep 30, 2020 | 42.41 Mn |
| Jun 30, 2020 | 41.95 Mn |
| Mar 31, 2020 | 43.39 Mn |
| Dec 31, 2019 | 4.85 Mn |
API Access
Safehold Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=SAFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();