SAFE - NYSE
Safehold Inc.
$15.20
+2.2%Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders.
At a Glance
Live SnapshotSafehold Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Safehold Inc. Income Statement
SAFE • NYSE
| Safehold Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
385.6M | 365.7M | 352.6M | 270.3M | 187M | 158.7M | 93.4M | 49.7M | 679.2M | 21.7M | 18.6M | 462M | 390.8M | 400.5M | 88M | 542.6M | 959.5M | 287.4M | 827.5M | 562.8M | |
GROSS PROFIT | ||||||||||||||||||||
(21.9M) | (4.2M) | (4.7M) | (3.1M) | (2.7M) | (2.5M) | (2.7M) | (1.6M) | (523.2M) | (861K) | (217K) | (400.7M) | (423.7M) | (506.9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
363.7M | 361.5M | 347.9M | 267.2M | 184.4M | 156.3M | 90.7M | 48.1M | 156M | 20.9M | 18.3M | 61.3M | -32.9M | -106.5M | 88M | 542.6M | 959.5M | 287.4M | 827.5M | 562.8M | |
OPERATING INCOME | ||||||||||||||||||||
(56.1M) | (274.4M) | (425M) | (131.6M) | (118.9M) | (100.1M) | (54.6M) | (19.8M) | (142.1M) | (6M) | (5.4M) | (160.7M) | (168.9M) | (231.9M) | (99.3M) | (603K) | -420.3M | -233.8M | -588.5M | -188M | |
(0.0) | (54.9M) | (65.4M) | (38.6M) | (28.8M) | (22.7M) | (14.4M) | (10.7M) | (98.9M) | (2.9M) | (2.3M) | (88.8M) | (92.1M) | (80.9M) | (200.8M) | (109.5M) | (127M) | (159.1M) | (165.2M) | (96.4M) | |
307.6M | 87.1M | -77.1M | 135.6M | 65.5M | 56.2M | 36.1M | 11.9M | 6.6M | 14.9M | 5.7M | -39.3M | -156M | -286.8M | 218.1M | 50.7M | -603.7M | 331M | 239M | 374.8M | |
PRE-TAX INCOME | ||||||||||||||||||||
(206.7M) | (198M) | (181M) | (129M) | (79.7M) | (64.4M) | (29.9M) | (15.4M) | (194.7M) | (8.2M) | (7.2M) | (224.5M) | (266.2M) | (355.1M) | (344.8M) | (316M) | (481.1M) | (660.3M) | (627.7M) | (429.8M) | |
90.6M | -198M | -181M | -129M | -79.7M | -64.4M | -29.9M | -15.4M | 0.0 | -8.2M | -7.2M | 0.0 | 0.0 | 0.0 | -117.9M | 48.1M | 76.7M | 287.4M | 370.3M | 145.8M | |
(56.1M) | (219.5M) | (359.6M) | (93M) | (90.1M) | (77.3M) | (40.1M) | -995K | -21M | -5.9M | -6.4M | -5.8M | -8.1M | -17.3M | -101.5M | -108.9M | -547.3M | -392.9M | -753.7M | -284.4M | |
-190M | 23M | 24.2M | 9.1M | 7.9M | 3.3M | -2.4M | 0.0 | 53.2M | -8.2M | 0.0 | -30.9M | -7.6M | 49.4M | -47.4M | 140.3M | -2.2B | -821.5M | -147.6M | -24.3M | |
117.6M | 110.1M | -52.8M | 144.7M | 73.4M | 59.5M | 33.7M | 11.9M | 50.9M | 6.6M | 5.7M | -85.9M | -221.4M | -304.2M | -58.7M | -207.5M | -770.6M | -300.3M | 0.0 | 0.0 | |
NET INCOME | ||||||||||||||||||||
(2.9M) | (3.4M) | (1.7M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -948K | (0.0) | (0.0) | (3.9M) | -659K | (8.4M) | -4.7M | -287.2M | -1.8M | -103.5M | (0.0) | (0.0) | |
114.5M | 105.8M | -55M | 135.4M | 73.1M | 59.3M | 27.7M | 11.7M | 175.7M | 6.6M | 5.3M | 873K | -112M | -239.9M | -22.1M | 79.7M | -768.8M | -196.8M | 239M | 374.8M |
SEC Filings
SAFE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2023 N/A | March 31, 2023 | March 31, 2023 | 2023 | |
10-K/A 10-K/A 2022 FY (Amended) FY | March 30, 2023 | December 31, 2022 | 2022 | |
8-K 8-K 2023 N/A | March 09, 2023 | March 09, 2023 | 2023 | |
8-K 8-K 2023 N/A | March 02, 2023 | March 02, 2023 | 2023 | |
10-K 10-K 2022 FY FY | February 15, 2023 | December 31, 2022 | 2022 | |
8-K 8-K 2023 N/A | February 14, 2023 | February 14, 2023 | 2023 | |
8-K 8-K 2023 N/A | February 14, 2023 | February 14, 2023 | 2023 | |
8-K 8-K 2023 N/A | January 09, 2023 | January 09, 2023 | 2023 | |
10-Q 10-Q 2022 Q3 Q3 | November 02, 2022 | September 30, 2022 | 2022 | |
8-K 8-K 2022 N/A | November 01, 2022 | November 01, 2022 | 2022 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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