Safehold Inc. SAFE

Latest FY: 2025 Real Estate REIT - Diversified
Market Price $15.24
Market Cap $1.11B
P/E Ratio 9.58
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑5.4% YoY
$385.55M
3-Yr CAGR: 34.6%
Net Income ↑8.2% YoY
$114.47M
Net Margin: 29.7%
Free Cash Flow
$14.51M
FCF Yield: 1.31%
EPS (Diluted) ↑7.4% YoY
$1.59
Basic: $1.60
Return on Equity Efficiency
4.8%
ROA: 1.6%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (SAFE)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2017: Revenue YoY (+42.4%) is identical to Gross Profit YoY (+42.4%). Verify the underlying Revenue and Gross Profit values for FY 2017 and FY 2016.
  • FY 2018: Revenue YoY (+17.5%) is identical to Gross Profit YoY (+17.5%). Verify the underlying Revenue and Gross Profit values for FY 2018 and FY 2017.
  • FY 2019: Revenue YoY (-39.9%) is identical to Gross Profit YoY (-39.9%). Verify the underlying Revenue and Gross Profit values for FY 2019 and FY 2018.
  • FY 2020: Revenue YoY (+10.7%) is identical to Gross Profit YoY (+10.7%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
  • FY 2021: Revenue YoY (-41.9%) is identical to Gross Profit YoY (-41.9%). Verify the underlying Revenue and Gross Profit values for FY 2021 and FY 2020.
  • FY 2022: Revenue YoY (-48.8%) is identical to Gross Profit YoY (-48.8%). Verify the underlying Revenue and Gross Profit values for FY 2022 and FY 2021.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $477.0M $119.3M $95.3M $0.55 $20.0M
FY 2017 $679.2M +42.4% $169.8M $175.7M +84.3% $1.56 +183.6% $80.2M
FY 2018 $798.1M +17.5% $199.5M $-32.3M -118.4% $-0.95 -160.9% $-24.1M
FY 2019 $479.5M -39.9% $119.9M $324.0M +1,104.4% $3.73 +492.6% $-45.6M
FY 2020 $530.9M +10.7% $132.7M $-42.4M -113.1% $-0.87 -123.3% $21.9M
FY 2021 $308.6M -41.9% $77.2M $132.5M +412.2% $1.51 +273.6% $-20.3M $-1,268.3M
FY 2022 $158.1M -48.8% $39.5M $421.3M +218.0% $4.92 +225.8% $47.7M $14.4M +101.1%
FY 2023 $352.6M +123.1% $171.6M $-55.0M -113.0% $-0.82 -116.7% $15.4M
FY 2024 $365.7M +3.7% $167.6M $105.8M +292.4% $1.48 +280.5% $37.9M
FY 2025 $385.6M +5.4% $178.9M $114.5M +8.2% $1.59 +7.4% $47.8M
$

Valuation

Market Price $15.24
Market Cap $1.11B
Enterprise Value $5.67B
P/E Ratio 9.58
P/B Ratio 0.45
FCF Yield 1.31%
Dividend Yield 4.65%
Shares Outstanding 71,610,000
%

Profitability & Margins

Gross Margin 46.39%
Operating Margin 26.17%
Net Margin 29.69%
Return on Equity (ROE) 4.75%
Return on Assets (ROA) 1.58%
Asset Turnover 0.05x
Revenue 3-Yr CAGR 34.62%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 1.904
Debt / Assets 0.633
Cash & Equivalents $21.70M
Total Debt $4.59B
Book Value / Share $33.63
💧

Cash Flow Efficiency

Operating Cash Flow $47.81M
Capital Expenditures (CapEx) $33.30M
Free Cash Flow $14.51M
OCF / Revenue 12.40%
FCF / Revenue 3.76%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $1.59
EPS (Basic) $1.60
Dividends / Share $0.71
Book Value / Share $33.63
EPS YoY Growth 7.43%
🏛️

Balance Sheet (FY 2025)

Total Assets $7.25B
Total Liabilities $4.81B
Stockholders' Equity $2.41B
Current Assets N/A
Current Liabilities N/A