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Safehold SAFE Retained Earnings

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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+8.9%
Enterprise value$5.84B+6.1%
P/E10.1×-0.2×
P/S2.9×+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
Debt / equity1.9×+0.1×

Where this comes from

Reported directly by Safehold in its filing.

Tagged under the XBRL concept us-gaap:RetainedEarningsAccumulatedDeficit.

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

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001095651-26-000017
Line itemMarch 31, 2026December 31, 2025
Safehold Inc. shareholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized, 71,820 and 71,756 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively718717
Additional paid-in capital2,198,3552,199,265
Retained earnings181,797165,737
Accumulated other comprehensive income (loss)47,44042,592
Total Safehold Inc. shareholders' equity2,428,3102,408,311
Noncontrolling interests32,37831,568
Total equity2,460,6882,439,879

Item 1. Financial Statements

FAQ

What is Safehold's retained earnings?
Safehold (SAFE) reported retained earnings of $181.8M in Q1 2026.
How has Safehold's retained earnings changed year-over-year?
Safehold's retained earnings increased by 52.7% year-over-year, from $119.03M to $181.8M.
What is the long-term trend for Safehold's retained earnings?
Over 5 years (2020 to 2025), Safehold's retained earnings has grown at a -41.0% compound annual growth rate (CAGR), from -$2.32B to $165.74M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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