SAFE - NYSE

Safehold Inc.

SAFE·NYSE

$15.20

+0.66%

Real EstateREIT - Diversified

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.09B

EPS1.6000

P/E Ratio9.50

Earnings Date08/04/2026

7.25B

Assets

3Y+24.0%

5Y+126.0%

10Y+4557.0%

4.81B

Total Liabilities

3Y+30.0%

5Y+163.0%

10Y+305065.0%

2.44B

Total Equity

3Y+13.0%

5Y+77.0%

10Y+1137.0%

Safehold Inc. Funding & Solvency Profile

SAFE · NYSE

Current Assets

Cash & Cash Equivalents21.70M

Net Receivables2.40B

Inventory0.00

Other Current Assets0.00

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets204.02M

Long-Term Investments4.53B

Other Non-Current Assets74.06M

Total Non-Current Assets5 B

Total Assets

7.25B

Financial Health Analysis

Current Ratio

17.86x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.97x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

34% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Safehold Inc. Balance Sheet

SAFE • NYSE

Safehold Inc. Balance Sheet	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
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	21.7M	8.3M	18.8M	20.1M	29.6M	56.9M	22.7M	16.4M	168.2M	328.7M	22K	472.1M	513.6M	256.3M	356.8M	504.9M	224.6M	496.5M	104.5M	106M
Short-Term Investments	2M	7.2M	9.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	23.7M	15.6M	28.5M	20.1M	29.6M	56.9M	22.7M	16.4M	168.2M	328.7M	22K	472.1M	513.6M	256.3M	356.8M	504.9M	224.6M	496.5M	104.5M	106M
Net Receivables	2.4B	2.2B	1.9B	1.5B	913.6M	2B	455.4M	23.1M	4.1M	11.9M	6.7M	1.5B	1.5B	1.9B	16.9M	24.4M	54.8M	87.2M	243.5M	152.5M
Accounts Receivables	241.1M	210.8M	180M	148.9M	117.3M	2B	58.3M	23.1M	4.1M	11.9M	6.7M	1.5B	1.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	2.2B	1.9B	1.7B	1.4B	796.3M	0.0	397.1M	0.0	0.0	0.0	0.0	0.0	0.0	111.5M	16.9M	24.4M	54.8M	87.2M	243.5M	73M
Inventory	0.0	0.0	0.0	0.0	0.0	5.2M	0.0	22.6M	68.6M	83.8M	137.3M	286M	360.5M	635.9M	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	42K	0.0	4.3M	2.1M	0.0	1.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	8.8M	30.1M	28.3M	8.9M	34.3M	24.1M	9.8M	4.5M	0.0	0.0	19.3M	48.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	2.4B	2.2B	2B	1.6B	954.2M	2.1B	503.7M	49.4M	176.8M	11.9M	6.7M	2.3B	2.4B	2.9B	373.7M	529.3M	279.4M	583.7M	348M	258.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	0.0	30.4M	34.9M	26.3M	27.4M	28.6M	29.7M	602.1M	860.3M	945.6M	1B	5.4M	6.6M	7.5M	2.9B	1.8B	2.9B	3B	3.3B	3.1B
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.2M	243.5M	152.5M
Intangible Assets	204M	208.7M	211.1M	217.8M	224.2M	242.2M	242.8M	262.5M	138.7M	135K	150K	50.1M	100.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	204M	208.7M	211.1M	217.8M	224.2M	242.2M	242.8M	262.5M	138.7M	135K	150K	50.1M	100.7M	0.0	0.0	0.0	0.0	4.2M	43.3M	28.4M
Long-Term Investments	4.5B	3.7B	3.6B	3.3B	2.6B	129.6M	1.1B	426.4M	321.2M	214.4M	316.5M	338.5M	207.2M	398.8M	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	3.5M	5.2M	7.6M	0.0	0.0	733.9M	0.0	-363M	-769M	-1B	-1.2B	2.7B	2.9B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	74.1M	769.2M	756.1M	743.5M	723.9M	2M	678.2M	2.4M	450K	5.8M	54.9M	57.1M	62.5M	2.9B	-2.9B	-1.8B	-2.9B	-3B	-3.4B	-3.1B
Total Non-Current Assets	4.8B	4.7B	4.6B	4.3B	3.6B	1.1B	2.1B	930.4M	551.7M	143.8M	137.6M	3.2B	3.2B	3.3B	2.9B	1.8B	2.9B	3B	3.4B	3.1B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.2B	6.9B	9.6B	11.7B	12.1B	7.7B
Total Assets	7.2B	6.9B	6.5B	5.9B	4.5B	3.2B	2.6B	979.7M	728.5M	155.7M	144.3M	5.4B	5.6B	6.2B	7.5B	9.2B	12.8B	15.3B	15.8B	11.1B
LIABILITIES
CURRENT LIABILITIES
Total Payables	13.6M	13.3M	13M	19.5M	15.9M	13.4M	10.6M	4.1M	4.2M	779K	227K	180.9M	170.8M	0.0	30.1M	0.0	0.0	0.0	103.1M	85M
Accounts Payable	0.0	0.0	0.0	0.0	0.0	0.0	0.0	23.1M	1.3M	779K	227K	180.9M	170.8M	0.0	30.1M	0.0	0.0	0.0	103.1M	85M
Other Payables	13.6M	13.3M	13M	19.5M	15.9M	13.4M	10.6M	0.0	2.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	122.7M	104.2M	88.1M	60.9M	33M	19.4M	8.5M	6.2M	1.9M	708K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.5B	0.0	0.0	0.0	545.3M	1.6B	2.6B	0.0	0.0	2B	430.2M
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	8.2M	6.5M	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-376.8M	-3.6B	-3.5B	0.0	0.0	0.0	-548.7M	9.1M	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	0.0	0.0	0.0	0.0	0.0	-1.3M	0.0	-1.3M	-100K	-3.5B	0.0	0.0	0.0	-412.8M	-1.6B	3.3B	0.0	0.0	-2B	-430.2M
Total Current Liabilities	136.3M	117.5M	101.1M	80.3M	48.9M	31.5M	19.1M	8.9M	6M	1.6M	227K	180.9M	170.8M	132.5M	39.2M	6B	0.0	0.0	103.1M	85M
NON-CURRENT LIABILITIES
Long Term Debt	4.5B	4.2B	4B	3.5B	2.7B	1.7B	1.4B	544M	308M	3.5B	0.0	4B	4.2B	4.7B	4.2B	4.7B	10.9B	12.5B	10.4B	7.4B
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	27M	0.0	4B	3.8B	3.8B	0.0	0.0	0.0	11.3M	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	-27M	0.0	35.1M	8M	8.9M	0.0	0.0	0.0	-27.2M	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	181.6M	180M	181.4M	79.1M	78.5M	105.7M	75.4M	67.7M	58.6M	-3.6B	-10.5M	11.2M	11.6M	2.4M	-4.2B	-3.3B	0.0	-12.5B	-10.4B	430.2M
Total Non-Current Liabilities	4.7B	4.4B	4.2B	3.6B	2.8B	1.8B	1.5B	613.5M	366.6M	3.6B	4.4B	4B	4.2B	4.7B	5.8B	1.4B	10.9B	12.5B	12.4B	7.8B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.6B	-4.4B	0.0	0.0	0.0	67.5M	134.4M	0.0	0.0	392.2M	116M
Capital Lease Obligations	5.6M	10.4M	15.8M	5.5M	5.6M	5.7M	5.9M	35.1M	8M	8.9M	10.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	4.8B	4.5B	4.3B	3.7B	2.8B	1.8B	1.5B	622.4M	372.6M	1.6M	227K	4.2B	4.3B	4.8B	5.9B	7.5B	10.9B	12.5B	12.9B	8B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-242M	-237.3M	-158.5M	-151M	-121.2M	-57.2M	-26.3M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	16K	16K	26K	26K	26K	26K	22K	22K	22K	22K	22K	22K	22K
Common Stock	717K	714K	711K	624K	566K	532K	478K	183K	182K	72K	81K	146K	144K	143K	140K	138K	138K	137K	135K	127K
Additional Paid-In Capital	2.2B	2.2B	2.2B	2B	1.7B	1.4B	1.1B	370.5M	364.9M	0.0	0.0	0.0	0.0	3.8B	3.8B	3.8B	3.8B	3.7B	3.7B	2.9B
Retained Earnings	165.7M	102.5M	47.6M	151.2M	59.4M	23.9M	-2.1M	-8.5M	-9.2M	-2.6B	-2.6B	-2.6B	-2.5B	-2.4B	-2.1B	-2B	-2.1B	-1.2B	-752.4M	-479.7M
Accumulated Other Comprehensive Income/Loss	42.6M	49M	-1.3M	3.3M	-41M	-57.5M	-39.1M	-6.9M	80K	-4.2M	-4.9M	-971K	-4.3M	-1.2M	-328K	1.6M	6.1M	1.7M	8.9M	28.5M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.6B	2.6B	3.7B	3.8B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.4B	2.3B	2.2B	2.1B	1.7B	1.4B	1.1B	355.4M	355.9M	154.1M	144M	1.2B	1.2B	1.2B	1.5B	1.6B	1.6B	2.4B	2.9B	3B
Total Equity	2.4B	2.4B	2.3B	2.2B	1.7B	1.4B	1.1B	357.4M	390.5M	197.2M	186.2M	1.2B	1.3B	1.3B	1.6B	1.7B	1.7B	2.4B	3B	3B
Minority Interest	31.6M	30M	64.4M	23.1M	2.9M	2.2M	1.5M	2M	34.5M	43.1M	42.2M	51.3M	58.2M	74.2M	45.2M	46.5M	50.4M	36.9M	53.9M	38.7M
SUMMARY
Total Liabilities & Equity	7.2B	6.9B	6.5B	5.9B	4.5B	3.2B	2.6B	979.7M	728.5M	155.7M	144.3M	5.4B	5.6B	6.2B	7.5B	9.2B	12.8B	15.3B	15.8B	11.1B
Total Investments	4.5B	3.7B	3.6B	3.3B	2.6B	129.6M	1.1B	426.4M	321.2M	214.4M	316.5M	338.5M	207.2M	398.8M	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	4.5B	4.2B	4B	3.5B	2.7B	1.7B	1.4B	544M	307.1M	3.5B	4.3B	4B	4.2B	4.7B	5.8B	7.3B	10.9B	12.5B	12.4B	7.8B
Net Debt	4.5B	4.2B	4B	3.5B	2.7B	1.6B	1.4B	527.5M	138.9M	3.2B	4.3B	3.6B	3.6B	4.4B	5.5B	6.8B	10.7B	12B	12.3B	7.7B
Shares Outstanding	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300	71,756,300

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	View Filing
10-K/A 10-K/A 2022 FY (Amended) FY	March 30, 2023	December 31, 2022	2022	View Filing
8-K 8-K 2023 N/A	March 09, 2023	March 09, 2023	2023	View Filing
8-K 8-K 2023 N/A	March 02, 2023	March 02, 2023	2023	View Filing
10-K 10-K 2022 FY FY	February 15, 2023	December 31, 2022	2022	View Filing
8-K 8-K 2023 N/A	February 14, 2023	February 14, 2023	2023	View Filing
8-K 8-K 2023 N/A	February 14, 2023	February 14, 2023	2023	View Filing
8-K 8-K 2023 N/A	January 09, 2023	January 09, 2023	2023	View Filing
10-Q 10-Q 2022 Q3 Q3	November 02, 2022	September 30, 2022	2022	View Filing
8-K 8-K 2022 N/A	November 01, 2022	November 01, 2022	2022	View Filing

Showing 1 to 10 of 138 filings

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