Safehold (SAFE) Other Operating Expenses (2010 - 2026)
Safehold (SAFE) reported Other Operating Expenses of $70.0 million for Q1 2026, up 20.19% year-over-year from $58.2 million in Q1 2025, and up 23.06% quarter-over-quarter from $56.9 million in Q4 2025.
Safehold (SAFE) Other Operating Expenses (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 17 years of Other Operating Expenses data on file, last reported at $70.0 million in Q1 2026.
- Other Operating Expenses for Q1 2026 came in at $70.0 million, up 20.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $242.1 million (up 5.74% YoY), and the FY2025 annual result was $230.3 million, up 2.96% from the prior year.
- Other Operating Expenses advanced to $70.0 million in Q1 2026 per SAFE's latest filing, from $56.9 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $70.0 million in Q1 2026 and troughed at -$122.8 million in Q3 2023.
- A 5-year average of $29.4 million and a median of $53.6 million in 2024 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Other Operating Expenses plunged 371.7% in 2023, then jumped 1065.72% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at $68.0 million in 2022, then tumbled by 89.56% to $7.1 million in 2023, then soared by 679.58% to $55.4 million in 2024, then rose by 2.78% to $56.9 million in 2025, then advanced by 23.06% to $70.0 million in 2026.
- Business Quant data shows SAFE's Other Operating Expenses at $70.0 million in Q1 2026, $56.9 million in Q4 2025, and $58.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 56.89 Mn |
| Sep 30, 2025 | 58.22 Mn |
| Jun 30, 2025 | 56.97 Mn |
| Mar 31, 2025 | 58.24 Mn |
| Dec 31, 2024 | 55.35 Mn |
| Sep 30, 2024 | 61.72 Mn |
| Jun 30, 2024 | 53.62 Mn |
| Mar 31, 2024 | 53.00 Mn |
| Dec 31, 2023 | 7.10 Mn |
| Sep 30, 2023 | -122.85 Mn |
| Jun 30, 2023 | 4.60 Mn |
| Mar 31, 2023 | 34.29 Mn |
| Dec 31, 2022 | 68.00 Mn |
| Sep 30, 2022 | 45.21 Mn |
| Jun 30, 2022 | -89.87 Mn |
| Mar 31, 2022 | 28.54 Mn |
| Dec 31, 2021 | -175.06 Mn |
| Sep 30, 2021 | 125.48 Mn |
| Jun 30, 2021 | 65.67 Mn |