Safehold (SAFE) Operating Leases (2018 - 2026)
Safehold (SAFE) posted quarterly Operating Leases of $61.7 million for Q2 2026, down 1.33% year-over-year from $62.5 million in Q2 2025, and little changed on a QoQ basis from $61.9 million in Q1 2026.
Safehold (SAFE) Operating Leases (2018 - 2026) Analysis & Trends
Safehold has reported Operating Leases for 8 years, with the latest figure at $61.7 million in Q2 2026.
- Operating Leases for Q2 2026 came in at $61.7 million, down 1.33% year-over-year; the trailing twelve-month figure through Jun 2026 was $61.7 million (down 1.33% YoY), and the FY2025 annual result was $62.1 million, down 1.32% from the prior year.
- Operating Leases held at $61.7 million in Q2 2026, from $61.9 million in the prior quarter.
- Over five years, Operating Leases peaked at $64.6 million in Q4 2022 and troughed at $14.2 million in Q1 2023.
- A 5-year average of $53.2 million and a median of $62.6 million in 2025 frame the typical range for Operating Leases.
- The widest annual swing landed in 2022, when Operating Leases slumped 59.66%; it then surged 347.51% in 2024.
- A 5-year view of Operating Leases shows it stood at $64.6 million in 2022, then fell by 1.29% to $63.8 million in 2023, then slipped by 1.31% to $62.9 million in 2024, then decreased by 1.32% to $62.1 million in 2025, then retreated by 0.67% to $61.7 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $61.7 million in Q2 2026, $61.9 million in Q1 2026, and $62.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.67 Mn |
| Mar 31, 2026 | 5.59 Mn |
| Dec 31, 2025 | 62.09 Mn |
| Sep 30, 2025 | 62.30 Mn |
| Jun 30, 2025 | 62.51 Mn |
| Mar 31, 2025 | 62.71 Mn |
| Dec 31, 2024 | 62.92 Mn |
| Sep 30, 2024 | 63.13 Mn |
| Jun 30, 2024 | 13.10 Mn |
| Mar 31, 2024 | 14.44 Mn |
| Dec 31, 2023 | 15.75 Mn |
| Sep 30, 2023 | 63.96 Mn |
| Jun 30, 2023 | 18.34 Mn |
| Mar 31, 2023 | 14.20 Mn |
| Dec 31, 2022 | 64.59 Mn |
| Sep 30, 2022 | 19.01 Mn |
| Jun 30, 2022 | 20.36 Mn |
| Mar 31, 2022 | 21.81 Mn |
| Dec 31, 2021 | 23.27 Mn |
| Sep 30, 2021 | 47.11 Mn |