Safehold (SAFE) Operating Income (2015 - 2026)
Safehold's Operating Income was $28.26 million in Q2 2026, up 18.1% from $23.92 million a year earlier and up 10.6% from the prior quarter.
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Analysis
Safehold (SAFE) Operating Income (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Safehold's Operating Income was $105.48 million through Jun 30, 2026, up 20.2% year-over-year; for FY2025, it came in at $100.9 million, up 15.9% from FY2024.
- In earlier years, Operating Income was $87.08 million in FY2024, -$77.08 million in FY2023, $135.63 million in FY2022 (+107.2%) and $65.46 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q4 2023.
- Compared with a year earlier, Operating Income has increased for four straight quarters, with growth averaging 8.8% over the last seven quarters.
- The best year-over-year quarter for Operating Income over five years was Q1 2024 (growth of 902.0%); the worst was Q4 2022 (a decline of 96.7%).
- Per Business Quant data, SAFE's Operating Income in the three quarters before Q2 2026 was $25.55 million (Q1 2026), $26.8 million (Q4 2025) and $24.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.25 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 890.67 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 466.68 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Safehold | 835.63 Mn | 959.68 Mn | 113.88 Mn | 28.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.26 Mn |
| Mar 31, 2026 | 25.55 Mn |
| Dec 31, 2025 | 26.80 Mn |
| Sep 30, 2025 | 24.88 Mn |
| Jun 30, 2025 | 23.92 Mn |
| Mar 31, 2025 | 25.30 Mn |
| Dec 31, 2024 | 22.63 Mn |
| Sep 30, 2024 | 15.87 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 24.59 Mn |
| Dec 31, 2023 | 34.88 Mn |
| Sep 30, 2023 | -130.24 Mn |
| Jun 30, 2023 | 15.83 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Dec 31, 2022 | 19.39 Mn |
| Sep 30, 2022 | 73.15 Mn |
| Jun 30, 2022 | 20.46 Mn |
| Mar 31, 2022 | 22.63 Mn |
| Dec 31, 2021 | 591.77 Mn |
| Sep 30, 2021 | -104.81 Mn |
API Access
Safehold Operating Income 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=operating-income&ticker=SAFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SAFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();