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Safehold Inc. (SAFE)

Safehold Inc. brought in $442.1M of revenue over the twelve months to September 30, 2026, up 16.5% from a year earlier. Net income was $115.7M, a net margin of 26.2%. At September 30, 2026 it held $29.9M in cash against $4.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.

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Price
$10.32
-4.36% on the day · November 10, 2026
52-week range $10.27 to $17.45
Market cap
$730.8M
Revenue (last 12 months)
$442.1M
+16.5% year on year
Net margin
26.2%
P/E
6.5
on FY2025 diluted EPS

Key facts about Safehold Inc.

Net worth
Safehold Inc. has a market value (market cap) of $730.8M at the latest share price, and shareholders' equity of $2.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $385.6M (+5.4% year on year), with net income of $114.5M. Over the 12 months to September 30, 2026: revenue $442.1M, net income $115.7M.
Cash flow
In fiscal 2025 operations brought in $47.8M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Safehold Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
Safehold Inc. declared dividends of $0.71 per share in fiscal 2025, a yield of 6.86% at the current price.

What Safehold Inc. does

Safehold Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker SAFE.

Revenue and profit by year

Revenue
FY18: $798.1M $798.1M FY18FY19: $273.7M $273.7M FY19FY20: $324.1M $324.1M FY20FY21: $187M $187M FY21FY22: $270.3M $270.3M FY22FY23: $352.6M $352.6M FY23FY24: $365.7M $365.7M FY24FY25: $385.6M $385.6M FY25
Net income
FY18: -$32.3M -$32.3M FY18FY19: $324M $324M FY19FY20: -$42.4M -$42.4M FY20FY21: $73.1M $73.1M FY21FY22: $135.4M $135.4M FY22FY23: -$55M -$55M FY23FY24: $105.8M $105.8M FY24FY25: $114.5M $114.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$385.6M$100.9M$114.5M$1.59n/a
2024$365.7M$87.1M$105.8M$1.48n/a
2023$352.6M-$77.1M-$55M-$0.82n/a
2022$270.3M$135.6M$135.4M$2.17n/a
2021$187M$65.5M$73.1M$1.32n/a
2020$324.1Mn/a-$42.4M-$0.76n/a

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 10, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 11, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where SAFE ranks in Real estate

Revenue$385.6M
#111 of 232 in Real estate · Top 48%
Revenue growth+5.4%
#87 of 207 in Real estate · Top 42%
Net margin29.7%
#46 of 210 in Real estate · Top 22%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

Safehold Inc. declared $0.71 per share in fiscal 2025. At the current price that is a yield of 6.86%. It paid out $50.9M in cash dividends, 44% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$0.71$50.9M44%
2024$0.71$50.6M48%
2023$0.71$46Mn/a
2022$0.70$30.2M22%
2021$0.67$34.8M48%
2020$0.60$32.7Mn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Safehold Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 4, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue rose 23% to $118.7M versus the same quarter last year; diluted EPS $0.41 versus $0.41.
  2. November 3, 2026
  3. November 3, 2026
  4. October 2, 2026
  5. August 14, 2026
  6. August 3, 2026
  7. July 31, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 22% to $114.6M versus the same quarter last year; diluted EPS $0.42 versus $0.39.
  8. July 30, 2026
  9. July 30, 2026
  10. June 16, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 19, 2026. Insider transactions on SEC

Insider trades

What the people running Safehold Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $138.3K worth of shares in the last 90 days and bought none on the open market.

Bought (open market)
$0
last 90 days
Sold
$138.3K
last 90 days
Net sold
9,500
$138.3K
DateInsiderWhatSharesPriceValueFiling
October 15, 2026 Ridings Barry WDirector Received as pay 44 - - Form 4
October 15, 2026 Josephs RobinDirector Received as pay 487 - - Form 4
September 9, 2026 Josephs RobinDirector Sold 9,500 $14.56 $138.3K Form 4
July 15, 2026 Ridings Barry WDirector Received as pay 30 - - Form 4
July 15, 2026 Josephs RobinDirector Received as pay 335 - - Form 4
May 29, 2026 Uhlick Christopher MichaelChief Accounting Officer Received as pay 4,500 - - Form 4
May 14, 2026 Ridings Barry WDirector Received as pay 8,778 - - Form 4
May 14, 2026 Josephs RobinDirector Received as pay 8,778 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns SAFE

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Portfolio Management13G, passive 6.99% 5,017,593 April 29, 2026
T. Rowe Price Investment Management, Inc.13G, passive 6.5% 4,677,813 August 14, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 214 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.9,938,575$156M+200,628
Msd Capital, L.P.5,782,745$90.8M0
Vanguard Portfolio Management LLC5,095,645$80M+99,625
State Street Corp2,596,198$41.2M-10,975
Vanguard Capital Management LLC2,300,293$36.1M+33,087
Geode Capital Management, LLC1,469,703$23.1M+114,441
Ameriprise Financial Inc1,143,866$18M+135,490
Jpmorgan Chase & Co861,555$14M+46,710
Charles Schwab Investment Management Inc843,064$13.2M+44,894
Morgan Stanley793,269$12.5M-63,669
NewEdge Wealth, LLC670,665$10.5M-96,444
Northern Trust Corp652,777$10.2M+37,220
Algert Global LLC608,243$9.5M-192,486
Aqr Capital Management LLC524,190$8.2M+77,911
Goldman Sachs Group Inc456,183$7.2M+176,461
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC415,613$6.5M-3,707
Bank of New York Mellon Corp411,971$6.5M+16,016
Bank of America Corp328,214$5.2M-9,070
Vanguard Fiduciary Trust Co312,571$4.9M+3,919
Denali Advisors LLC309,600$4.9M0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

8 insiders reported holding 2,445,520 shares in total, about $25.2M at the last price.

HolderSharesAs of
Sugarman JayCHAIRMAN AND CEO, Director 1,830,283 March 31, 2026
Asnas BrettCHIEF FINANCIAL OFFICER 205,849 March 31, 2026
Selig Stefan MDirector 105,169 May 14, 2026
Trachtenberg Michael LanePresident 93,076 December 1, 2025
Josephs RobinDirector 89,555 October 15, 2026
Ridings Barry WDirector 61,769 October 15, 2026
Nydick Jay SDirector 47,336 May 14, 2026
Uhlick Christopher MichaelChief Accounting Officer 12,483 May 29, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about SAFE

What does Safehold Inc. do?

Safehold Inc. is a company in the Real estate sector, listed on NYSE as SAFE. Its shares trade on NYSE under the ticker SAFE.

What is Safehold Inc.'s net worth?

Safehold Inc. has a market value (market cap) of $730.8M at the latest share price, and shareholders' equity of $2.5B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Safehold Inc. profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $115.7M on revenue of $442.1M, a net margin of 26.2%.

How much revenue does Safehold Inc. make?

Over the twelve months to September 30, 2026 Safehold Inc. reported revenue of $442.1M. That is 16.5% more than a year earlier.

When did Safehold Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026.

When is Safehold Inc.'s next earnings report?

Safehold Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does Safehold Inc. pay a dividend?

Yes. Safehold Inc. declared dividends of $0.71 per share in fiscal 2025, a yield of 6.86% at the current price.

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Where the numbers come from

Financial figures are the values Safehold Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.