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Safehold SAFE Debt-to-equity

Debt-to-equity at other companies

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1.1×+0.1×
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0.7×+0.1×
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0.2×+0.1×
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Forestar Group logo
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0.4×-0.1×
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Sila Realty TrustSILA
0.7×+0.3×

Other financials

Income statement

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Revenue$110.9M+13.5%
Gross profit$109.5M+13.5%
Operating income$25.5M+1.0%
Net income$28.9M-1.7%
EPS (diluted)$0.40-2.4%

Balance sheet

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Cash & equivalents$19.3M+11.6%
Total debt$4.7B+8.1%
Total equity$2.4B+3.3%
Total assets$7.4B+6.5%

Cash flow

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Operating cash flow-$8.6M-197%

Valuation

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Market cap$1.13B+2.4%
Enterprise value$5.81B+6.9%
P/E9.9×-0.6×
P/S2.8×-0.1×

Profitability

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Gross margin98.8%-0.1pp
Operating margin25.4%+1.6pp
Net margin28.6%+0.4pp
FCF margin-13.2%

Returns & leverage

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Return on equity4.8%+0.3pp

Where this comes from

Calculated from Safehold’s reported figures.

Based on the most recent quarter.

The official record: Safehold’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Safehold's debt-to-equity?
Safehold (SAFE) reported debt-to-equity of 1.9× in Q1 2026.
How has Safehold's debt-to-equity changed year-over-year?
Safehold's debt-to-equity increased by 4.6% year-over-year, from 1.9× to 1.9×.
What is the long-term trend for Safehold's debt-to-equity?
Over 5 years (2020 to 2025), Safehold's debt-to-equity has grown at a -9.6% compound annual growth rate (CAGR), from 3.2× to 1.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.