Safehold (SAFE) Other Operating Expenses (2010 - 2026)
Safehold's (SAFE) quarterly Other Operating Expenses came in at $70.0 million in Q1 2026, up 20.19% year-on-year from $58.2 million in Q1 2025, and up 23.06% on a QoQ basis 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.
- On a quarterly basis, Other Operating Expenses rose 20.19% year-over-year to $70.0 million in Q1 2026; TTM through Mar 2026 was $242.1 million, a 5.74% increase from a year earlier, with the FY2025 full-year figure at $230.3 million, up 2.96% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $70.0 million, up from $56.9 million in the prior quarter.
- Over the last five years, Other Operating Expenses for SAFE reached as high as $197.9 million in Q3 2023 and fell as low as $28.5 million in Q1 2022.
- Historically, Other Operating Expenses has averaged $61.0 million across 5 years, with a median of $55.4 million in 2024.
- Across the five-year window, Other Operating Expenses jumped 341.75% in 2023 and tumbled 68.82% in 2024, its largest moves.
- Year by year, Other Operating Expenses stood at $44.6 million in 2022, then climbed by 16.37% to $51.9 million in 2023, then advanced by 6.72% to $55.4 million in 2024, then climbed by 2.78% to $56.9 million in 2025, then increased by 23.06% to $70.0 million in 2026.
- Per Business Quant data, the three most recent Other Operating Expenses figures were $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 | 28.12 Bn | 27.64 Bn | 1.01 Bn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 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 | 51.86 Mn |
| Sep 30, 2023 | 197.94 Mn |
| Jun 30, 2023 | 50.92 Mn |
| Mar 31, 2023 | 60.81 Mn |
| Dec 31, 2022 | 44.57 Mn |
| Sep 30, 2022 | 44.81 Mn |
| Jun 30, 2022 | 33.97 Mn |
| Mar 31, 2022 | 28.54 Mn |
| Dec 31, 2021 | -175.06 Mn |
| Sep 30, 2021 | 130.58 Mn |
| Jun 30, 2021 | 71.17 Mn |