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Safehold SAFE · USD

Real Estate · US listing · 🇺🇸 United States

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10.79

+1.89%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2024

Revenue

$365.7m

FY2015FY2024

Net income

$105.8m

FY2015FY2024

Free cash flow

$37.9m

FY2015FY2024

Shareholders' equity

$2.34bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Revenue$365.7m$352.6m$270.3m$187.0m$530.9m$479.5m$798.1m$679.2m$455.2m$496.0m
Operating income$285.1m$268.7m$208.8m$145.2m$110.4m$100.9m$134.9m$187.6m$126.6m$95.8m
Net income$105.8m−$55.0m$135.4m$73.1m−$65.9m$291.5m−$64.8m$110.9m$44.0m−$52.7m
Diluted earnings per share1.48-0.822.171.32-0.873.61-0.951.560.59-0.62

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assets$6.90bn$6.55bn$5.85bn$4.84bn$4.86bn$5.08bn$5.01bn$4.73bn$4.83bn$5.60bn
Cash and short-term investments$8.3m$18.8m$20.1m$339.6m$99.0m$307.0m$932.0m$658.0m$329.0m$711.0m
Total liabilities$4.56bn$4.32bn$3.71bn$3.99bn$3.99bn$4.04bn$4.15bn$3.85bn$3.81bn$4.54bn
Debt$4.32bn$4.05bn$3.52bn$2.57bn$3.48bn$3.57bn$3.63bn$3.58bn$3.55bn$4.27bn
Shareholders' equity$2.34bn$2.23bn$2.14bn$851.3m$871.0m$1.04bn$863.0m$880.0m$1.02bn$1.06bn
Shares outstanding71m67m62m55m76m81m68m71m74m85m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operations$37.9m$15.4m$64.9m$26.9m$21.9m−$45.6m−$24.1m$101.5m$29.5m−$58.2m
Capital spending—−$13.1m——−$56.8m−$397.9m−$208.5m−$165.1m−$212.0m−$169.7m
Free cash flow$37.9m$2.3m$64.9m$26.9m−$34.9m−$443.5m−$232.6m−$63.6m−$182.5m−$227.9m
Dividends paid−$50.6m−$46.0m−$42.2m−$35.9m−$56.2m−$57.6m−$44.7m−$48.4m−$51.3m−$51.3m

Latest quarters

By quarter end

Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024Dec 2023
Revenue$96.2m$93.8m$97.7m$91.9m$90.7m$89.9m$93.2m$103.0m
Operating income$77.4m$75.2m$77.6m$73.0m$65.8m$73.1m$73.2m$82.0m
Net income$29.3m$27.9m$29.4m$26.0m$19.3m$29.7m$30.7m$41.2m
Diluted earnings per share0.410.390.410.360.270.420.430.58
Total assets$7.15bn$7.06bn$6.93bn$6.90bn$6.81bn$6.77bn$6.67bn$6.55bn
Cash and short-term investments$12.1m$13.9m$17.3m$8.3m$15.6m$13.4m$11.3m$18.8m
Debt$4.51bn$4.44bn$4.34bn$4.32bn$4.30bn$4.19bn$4.14bn$4.05bn
Shareholders' equity$2.39bn$2.37bn$2.35bn$2.34bn$2.29bn$2.31bn$2.28bn$2.23bn

Financial ratios

Data as of 5 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin84.1%84.3%36.4%101.2%81.8%78.0%——
Net margin29.7%28.9%-15.6%50.1%39.1%37.4%——
Return on equity4.8%4.5%-2.5%9.5%4.3%4.3%——
Return on assets1.6%1.5%-0.8%4.2%1.6%1.8%——
Free cash flow yield——3.0%47.3%218.5%16.9%407.4%84.0%
Revenue growth5.4%3.7%30.4%44.5%17.8%70.0%——
Earnings growth8.2%-292.4%-140.6%85.2%23.3%114.1%——
Current ratio17.86x18.56x19.51x1.14x71.65x65.82x——
Debt to equity1.86x1.80x1.78x3.35x2.39x1.22x——
Equity ratio33.2%34.0%34.1%43.9%37.3%43.0%——
Interest coverage1.57x1.56x0.71x2.12x1.92x1.92x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-0.6%-0.5%-412.6%74.4%-6.9%-63.5%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue25.0%-5.3%-2.3%
Operating income25.2%23.1%9.1%
Net income13.1%-18.4%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin77.1%77.2%51.2%35.1%
Net margin7.1%22.1%22.2%9.6%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Price to earnings12.5-28.413.558.5-51.17.8-18.614.040.2-36.6
Price to sales3.64.46.822.96.34.71.52.33.93.9

Market value over time

30 Dec 2016 to 4 Nov 2026, in USD

$856.6m$770.9m

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-31%-13%-23%-58%59%68%46%-18%-9%10%

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 30 Sept 2026.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.7080.7081.6373.0453.7033.333.0561.725
  • 1-to-0.16 reverse split · 31 Mar 2023
  • 1284-for-1000 split · 30 Nov 2022
  • 6-to-1 reverse split · 19 Jun 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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