Safehold Financials

SAFE Stock

USD 15.66 0.82 5.53%

Based on the measurements of operating efficiency obtained from Safehold's historical financial statements, Safehold may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Safehold's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 75.4 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B.

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Safehold Balance Sheet Chart

At present, Safehold's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 75.4 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B.

Total Assets Total Stockholder Equity Cash And Short Term Investments Net Receivables

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Key indicators impacting Safehold's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Debt Equity Ratio

3.34

1.9558

Way Up

Pretty Stable

Current Ratio

14.38

16.7

Fairly Down

Pretty Stable

The essential information of the day-to-day investment outlook for Safehold includes many different criteria found on its balance sheet. An individual investor should research Safehold's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Safehold.

Net Income

120.19 Million

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Please note, the presentation of Safehold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Safehold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Safehold's management manipulating its earnings.

Safehold Stock Summary

Safehold competes with Chimera Investment, Alexander Baldwin, PennyMac Mortgage, Two Harbors, and American Assets. is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. The Company, which is taxed as a real estate investment trust and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Safehold operates under REITDiversified classification in the United States and is traded on New York Stock Exchange.

Foreign Associate	Thailand
Specialization	Real Estate, Equity Real Estate Investment Trusts (REITs)
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US78646V1070
Business Address	1114 Avenue of
Sector	Specialized REITs
Industry	Real Estate
Benchmark	Dow Jones Industrial
Website	www.safeholdinc.com
Phone	212 930 9400
Currency	USD - US Dollar

Safehold Key Financial Ratios

	Return On Equity	0.0476
	Profit Margin	0.28 %
	Operating Margin	0.82 %
	Price To Sales	2.78 X
	Revenue	385.55 M

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Safehold Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	4.5B	3.3B	6.5B	6.9B	7.2B	5.0B
Net Debt	2.7B	157.9M	4.0B	4.2B	4.7B	3.6B
Retained Earnings	59.4M	(2.1B)	47.6M	102.5M	165.7M	174.0M
Cash	29.6M	1.4B	18.8M	8.3M	30.7M	29.2M
Net Receivables	3.3B	53.8M	1.9B	2.2B	2.4B	2.5B
Total Current Assets	3.4B	1.5B	2.0B	2.2B	2.4B	2.6B
Total Liab	2.8B	1.8B	4.3B	4.5B	4.8B	3.4B
Common Stock	566K	87K	711K	714K	717K	1.2M
Other Assets	6.6M	673.2M	40.7M	2.5B	2.2B	3.4B
Other Current Liab	(1.3B)	(152.4M)	101.1M	117.5M	135.1M	141.9M
Accounts Payable	4.9M	(117.3M)	100.4M	17.6M	15.9M	15.1M
Short Term Debt	1.3B	1.3B	6.2M	6.2M	5.6M	5.3M
Inventory	5.2M	301K	4.0M	3.2B	3.7B	3.9B
Other Current Assets	10.7M	47.0M	30.1M	8.8M	10.1M	10.6M
Intangible Assets	224.2M	319K	211.1M	208.7M	204.0M	159.6M
Net Tangible Assets	849.0M	1.1B	1.5B	1.9B	2.2B	2.3B
Other Liab	57.3M	66.3M	65.4M	64.6M	74.3M	50.8M
Long Term Debt	2.7B	3.5B	4.0B	4.2B	4.5B	2.3B
Long Term Debt Total	1.4B	1.7B	2.7B	3.5B	4.0B	4.3B

Safehold Key Income Statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Revenue	187.0M	270.3M	352.6M	365.7M	385.6M	296.6M
Gross Profit	184.4M	267.2M	347.9M	361.5M	363.7M	238.6M
Operating Income	65.5M	135.6M	(77.1M)	87.1M	307.6M	323.0M
Ebit	153.1M	273.7M	128.2M	308.1M	324.2M	340.5M
Ebitda	165.1M	285.6M	140.4M	320.4M	332.8M	349.4M
Net Income	73.1M	135.4M	(55.0M)	105.8M	114.5M	120.2M
Income Tax Expense	(118K)	567K	1.7M	3.4M	2.9M	3.1M
Interest Expense	79.7M	129.0M	181.0M	198.0M	206.7M	166.0M
Income Before Tax	73.4M	144.7M	(52.8M)	110.1M	117.6M	123.4M
Cost Of Revenue	2.7M	3.1M	4.7M	4.2M	21.9M	20.8M
Research Development	0.36	0.05	1.24	0.15	0.17	0.33
Minority Interest	234K	(9.3M)	(408K)	(852K)	(161K)	(153.0K)
Net Interest Income	(79.7M)	(129.0M)	(181.0M)	(198.0M)	(206.7M)	(196.4M)
Tax Provision	(118K)	567K	1.7M	3.4M	2.9M	3.1M

Safehold Key Cash Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Change In Cash	(58.0M)	1.1B	(1.7M)	(29.6M)	13.6M	12.9M
Free Cash Flow	(1.2B)	24.6M	15.4M	37.9M	47.8M	50.2M
Other Non Cash Items	(42.7M)	(464.0M)	27.4M	(105.4M)	(113.1M)	(107.4M)
Dividends Paid	35.9M	53.7M	(46.0M)	(50.6M)	(50.9M)	(48.4M)
Net Income	73.4M	600.4M	(54.6M)	105.8M	114.5M	58.6M
End Period Cash Flow	38.5M	1.4B	46.7M	17.1M	30.7M	29.2M
Depreciation	12.0M	5.5M	12.2M	10.4M	10.9M	10.3M
Net Borrowings	1.0B	819.9M	427M	263.6M	488.3M	512.7M
Change To Netincome	(29.6M)	(22.2M)	(19.8M)	(18.7M)	(16.8M)	(17.7M)
Investments	(39.5M)	(1.1B)	(548.3M)	(212.4M)	(176.2M)	(185.0M)

Safehold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Safehold's current stock value. Our valuation model uses many indicators to compare Safehold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Safehold competition to find correlations between indicators driving Safehold's intrinsic value. More Info.

Safehold is rated below average in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Safehold is roughly 1.64 . At present, Safehold's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Safehold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Most indicators from Safehold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safehold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safehold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For information on how to trade Safehold Stock refer to our How to Trade Safehold Stock guide.At present, Safehold's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 22.63, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.

Safehold fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Total Liab	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Debt	Current Deferred Revenue	Inventory	Other Current Assets	Intangible Assets
Total Assets		0.89	0.69	0.01	0.06	0.06	0.63	0.53	0.57	0.71	0.68	0.68	0.97	-0.34	-0.03	0.88	0.05	0.23	0.22	0.07	0.21	-0.26	-0.17	0.57	0.48	0.25
Total Stockholder Equity	0.89		0.5	0.29	0.02	0.02	0.72	0.66	0.35	0.74	0.54	0.46	0.79	-0.34	-0.23	0.82	0.01	0.22	0.29	0.18	-0.05	-0.3	-0.15	0.65	0.45	0.43
Net Debt	0.69	0.5		-0.34	-0.19	-0.19	0.38	0.47	0.67	0.35	0.79	0.99	0.7	-0.39	0.25	0.63	0.2	0.04	-0.14	-0.29	0.07	-0.01	-0.44	0.47	-0.13	-0.11
Retained Earnings	0.01	0.29	-0.34		-0.56	-0.56	0.4	0.42	-0.78	0.15	-0.53	-0.4	-0.07	0.25	-0.35	0.14	0.16	0.28	0.36	-0.25	-0.57	-0.38	0.1	0.44	0.37	0.84
Cash	0.06	0.02	-0.19	-0.56		1.0	-0.33	-0.3	0.56	0.03	0.37	-0.16	0.06	-0.19	0.09	-0.03	-0.59	0.02	-0.09	0.89	0.51	0.32	0.18	-0.32	0.06	-0.6
Cash And Short Term Investments	0.06	0.02	-0.19	-0.56	1.0		-0.32	-0.29	0.56	0.03	0.37	-0.16	0.06	-0.19	0.09	-0.03	-0.59	0.02	-0.09	0.89	0.51	0.32	0.17	-0.31	0.06	-0.6
Net Receivables	0.63	0.72	0.38	0.4	-0.33	-0.32		0.51	0.11	0.92	0.25	0.33	0.54	-0.22	-0.58	0.61	0.45	-0.09	0.26	-0.16	-0.19	-0.36	-0.12	0.51	0.33	0.54
Common Stock Shares Outstanding	0.53	0.66	0.47	0.42	-0.3	-0.29	0.51		0.06	0.37	0.32	0.41	0.43	-0.21	-0.24	0.8	0.21	0.31	0.28	-0.06	-0.19	-0.31	-0.6	0.96	0.06	0.34
Other Stockholder Equity	0.57	0.35	0.67	-0.78	0.56	0.56	0.11	0.06		0.37	0.87	0.68	0.59	-0.47	0.18	0.44	-0.15	-0.1	-0.14	0.36	0.54	0.16	-0.21	0.04	-0.05	-0.55
Total Current Assets	0.71	0.74	0.35	0.15	0.03	0.03	0.92	0.37	0.37		0.4	0.32	0.63	-0.29	-0.59	0.64	0.33	-0.12	0.3	0.14	0.1	-0.34	-0.05	0.38	0.44	0.33
Short Long Term Debt Total	0.68	0.54	0.79	-0.53	0.37	0.37	0.25	0.32	0.87	0.4		0.8	0.68	-0.38	0.25	0.56	-0.19	0.16	-0.18	0.31	0.2	0.19	-0.22	0.32	-0.03	-0.4
Non Current Liabilities Total	0.68	0.46	0.99	-0.4	-0.16	-0.16	0.33	0.41	0.68	0.32	0.8		0.71	-0.29	0.27	0.6	0.19	0.09	-0.17	-0.29	0.16	0.01	-0.43	0.43	-0.12	-0.18
Total Liab	0.97	0.79	0.7	-0.07	0.06	0.06	0.54	0.43	0.59	0.63	0.68	0.71		-0.2	0.03	0.84	0.06	0.3	0.18	0.02	0.33	-0.24	-0.13	0.52	0.49	0.16
Common Stock	-0.34	-0.34	-0.39	0.25	-0.19	-0.19	-0.22	-0.21	-0.47	-0.29	-0.38	-0.29	-0.2		-0.16	-0.28	0.03	0.62	0.02	-0.07	0.13	-0.07	0.26	0.0	0.13	-0.06
Property Plant And Equipment Net	-0.03	-0.23	0.25	-0.35	0.09	0.09	-0.58	-0.24	0.18	-0.59	0.25	0.27	0.03	-0.16		-0.21	-0.55	0.19	-0.47	-0.14	-0.17	0.46	0.13	-0.24	-0.24	-0.3
Non Current Assets Total	0.88	0.82	0.63	0.14	-0.03	-0.03	0.61	0.8	0.44	0.64	0.56	0.6	0.84	-0.28	-0.21		0.18	0.29	0.37	0.07	0.24	-0.39	-0.44	0.83	0.39	0.24
Non Currrent Assets Other	0.05	0.01	0.2	0.16	-0.59	-0.59	0.45	0.21	-0.15	0.33	-0.19	0.19	0.06	0.03	-0.55	0.18		-0.38	0.18	-0.54	0.05	-0.32	-0.31	0.22	-0.06	0.28
Other Assets	0.23	0.22	0.04	0.28	0.02	0.02	-0.09	0.31	-0.1	-0.12	0.16	0.09	0.3	0.62	0.19	0.29	-0.38		0.05	0.2	0.05	-0.04	0.13	0.48	0.29	-0.02
Other Current Liab	0.22	0.29	-0.14	0.36	-0.09	-0.09	0.26	0.28	-0.14	0.3	-0.18	-0.17	0.18	0.02	-0.47	0.37	0.18	0.05		0.15	0.26	-0.95	-0.12	0.31	0.75	0.36
Total Current Liabilities	0.07	0.18	-0.29	-0.25	0.89	0.89	-0.16	-0.06	0.36	0.14	0.31	-0.29	0.02	-0.07	-0.14	0.07	-0.54	0.2	0.15		0.34	0.11	0.22	-0.07	0.22	-0.4
Accounts Payable	0.21	-0.05	0.07	-0.57	0.51	0.51	-0.19	-0.19	0.54	0.1	0.2	0.16	0.33	0.13	-0.17	0.24	0.05	0.05	0.26	0.34		-0.22	-0.13	-0.09	0.25	-0.48
Short Term Debt	-0.26	-0.3	-0.01	-0.38	0.32	0.32	-0.36	-0.31	0.16	-0.34	0.19	0.01	-0.24	-0.07	0.46	-0.39	-0.32	-0.04	-0.95	0.11	-0.22		0.16	-0.35	-0.71	-0.44
Current Deferred Revenue	-0.17	-0.15	-0.44	0.1	0.18	0.17	-0.12	-0.6	-0.21	-0.05	-0.22	-0.43	-0.13	0.26	0.13	-0.44	-0.31	0.13	-0.12	0.22	-0.13	0.16		-0.54	0.32	0.19
Inventory	0.57	0.65	0.47	0.44	-0.32	-0.31	0.51	0.96	0.04	0.38	0.32	0.43	0.52	0.0	-0.24	0.83	0.22	0.48	0.31	-0.07	-0.09	-0.35	-0.54		0.17	0.31
Other Current Assets	0.48	0.45	-0.13	0.37	0.06	0.06	0.33	0.06	-0.05	0.44	-0.03	-0.12	0.49	0.13	-0.24	0.39	-0.06	0.29	0.75	0.22	0.25	-0.71	0.32	0.17		0.45
Intangible Assets	0.25	0.43	-0.11	0.84	-0.6	-0.6	0.54	0.34	-0.55	0.33	-0.4	-0.18	0.16	-0.06	-0.3	0.24	0.28	-0.02	0.36	-0.4	-0.48	-0.44	0.19	0.31	0.45

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Safehold Account Relationship Matchups

Safehold fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	4.5B	3.3B	6.5B	6.9B	7.2B	5.0B
Net Debt	2.7B	157.9M	4.0B	4.2B	4.7B	3.6B
Retained Earnings	59.4M	(2.1B)	47.6M	102.5M	165.7M	174.0M
Cash	29.6M	1.4B	18.8M	8.3M	30.7M	29.2M
Net Receivables	3.3B	53.8M	1.9B	2.2B	2.4B	2.5B
Total Current Assets	3.4B	1.5B	2.0B	2.2B	2.4B	2.6B
Total Liab	2.8B	1.8B	4.3B	4.5B	4.8B	3.4B
Common Stock	566K	87K	711K	714K	717K	1.2M
Other Assets	6.6M	673.2M	40.7M	2.5B	2.2B	3.4B
Other Current Liab	(1.3B)	(152.4M)	101.1M	117.5M	135.1M	141.9M
Accounts Payable	4.9M	(117.3M)	100.4M	17.6M	15.9M	15.1M
Short Term Debt	1.3B	1.3B	6.2M	6.2M	5.6M	5.3M
Inventory	5.2M	301K	4.0M	3.2B	3.7B	3.9B
Other Current Assets	10.7M	47.0M	30.1M	8.8M	10.1M	10.6M
Intangible Assets	224.2M	319K	211.1M	208.7M	204.0M	159.6M
Net Tangible Assets	849.0M	1.1B	1.5B	1.9B	2.2B	2.3B
Other Liab	57.3M	66.3M	65.4M	64.6M	74.3M	50.8M
Long Term Debt	2.7B	3.5B	4.0B	4.2B	4.5B	2.3B
Long Term Debt Total	1.4B	1.7B	2.7B	3.5B	4.0B	4.3B

Today, most investors in Safehold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Safehold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Safehold growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.11

At present, Safehold's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Safehold February 17, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Safehold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Safehold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Safehold based on widely used predictive technical indicators. In general, we focus on analyzing Safehold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Safehold's daily price indicators and compare them against related drivers.

	Downside Deviation	1.98
	Information Ratio	0.1114
	Maximum Drawdown	9.71
	Value At Risk	(2.65)
	Potential Upside	3.26

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When running Safehold's price analysis, check to measure Safehold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safehold is operating at the current time. Most of Safehold's value examination focuses on studying past and present price action to predict the probability of Safehold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safehold's price. Additionally, you may evaluate how the addition of Safehold to your portfolios can decrease your overall portfolio volatility.

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Safehold Financials

Safehold Balance Sheet Chart

Net Income

120.19 Million

Safehold Stock Summary

Safehold Key Financial Ratios

Safehold Key Balance Sheet Accounts

Safehold Key Income Statement Accounts

Safehold Key Cash Accounts

Safehold Financial Ratios Relationships

Safehold fundamental ratios Correlations

Safehold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Safehold fundamental ratios Accounts

Price Earnings To Growth Ratio

1.11

Safehold February 17, 2026 Opportunity Range

Complementary Tools for Safehold Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.97	Total Assets
Inventory	+ 0.96	Common Stock Shares Outstanding
Total Current Assets	+ 0.92	Net Receivables
Total Stockholder Equity	+ 0.89	Total Assets

Short Term Debt	- 0.95	Other Current Liab
Other Stockholder Equity	- 0.78	Retained Earnings
Other Current Assets	- 0.71	Short Term Debt
Current Deferred Revenue	- 0.6	Common Stock Shares Outstanding
Intangible Assets	- 0.6	Cash And Short Term Investments
Intangible Assets	- 0.6	Cash