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Safehold SAFE Operating margin

Operating margin at other companies

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Strawberry FieldsSTRW
54.5%+0.8pp

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$1.15B+14.8%
Enterprise value$5.84B+7.2%
P/E10.1×+0.3×
P/S2.9×+0.2×

Profitability

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

Returns & leverage

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Return on equity4.8%+0.3pp
Debt / equity1.9×+0.1×

Where this comes from

Calculated from Safehold’s reported figures.

Based on trailing twelve months.

The source filing: Safehold’s 10-Q, filed May 1, 2026. Open the filing →

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001095651-26-000017

FAQ

What is Safehold's operating margin?
Safehold (SAFE) reported operating margin of 25.4% in Q1 2026.
How has Safehold's operating margin changed year-over-year?
Safehold's operating margin increased by 6.9% year-over-year, from 23.7% to 25.4%.
What is the long-term trend for Safehold's operating margin?
Over 3 years (2021 to 2025), Safehold's operating margin has grown at a 7.3% compound annual growth rate (CAGR), from 21.2% to 26.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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