Safehold SAFE Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 98.8%0.0pp | 98.8%-0.1pp | 98.8%-0.1pp | 98.9%+0.1pp | 98.8%0.0pp | |
| Operating margin | 25.4%-0.8pp | 26.2%+0.7pp | 25.5%— | —— | —— | |
| Net margin | 28.6%-1.1pp | 29.7%0.0pp | 29.7%— | —— | —— | |
| Returns | ||||||
| Return on equity | 4.8%0.0pp | 4.8%0.0pp | 4.8%— | —— | —— | |
| Return on invested capital | 1.4%0.0pp | 1.4%0.0pp | 1.4%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.9×0.0× | 1.9×0.0× | 1.9×0.0× | 1.9×0.0× | 1.9×0.0× | |
| Net debt / EBITDA | 42.8×+1.1× | 41.8×-0.9× | 42.7×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $33.74+0.6% | $33.55+0.8% | $33.27+0.7% | $33.06+0.7% | $32.820.0% | |
| Valuation | ||||||
| Market capitalization | $1.13B+2.4% | $982.34M-11.6% | $1.11B-0.7% | $1.12B-16.3% | $1.34B+1.3% | |
| Price / earnings | 9.9×-0.6× | 8.6×-1.3× | 9.9×— | —— | —— | |
| Price / sales | 2.8×-0.1× | 2.5×-0.4× | 2.9×-0.1× | 3×-0.6× | 3.6×0.0× | |
| Price / book | 0.5×0.0× | 0.4×-0.1× | 0.5×0.0× | 0.5×-0.1× | 0.6×0.0× | |
| EV / EBITDA | 53.1×-2.6× | 50.7×-2.5× | 53.2×— | —— | —— | |
| Dividend yield | 4.5%-0.1pp | 5.2%+0.6pp | 4.6%0.0pp | 4.5%+0.8pp | 3.8%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Safehold's profit margins?
- Safehold (SAFE) runs a 98.8% gross margin and a 25.4% operating margin, with a 28.6% net margin.
- Where do Safehold's ratios come from?
- Every ratio is computed from Safehold's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
