Safehold SAFE Membership and other income

Segments

Ground Leases$2.69M—

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%

Cash & equivalents$19.3M+11.6%

Total debt$4.7B+8.1%

Total equity$2.4B+3.3%

Total assets$7.4B+6.5%

Operating cash flow-$8.6M-197%

Market cap$1.13B+2.4%

Enterprise value$5.81B+6.9%

P/E9.9×-0.6×

P/S2.8×-0.1×

Gross margin98.8%-0.1pp

Operating margin25.4%+1.6pp

Net margin28.6%+0.4pp

FCF margin-13.2%—

Return on equity4.8%+0.3pp

Debt / equity1.9×+0.1×