The Tip Desk

Safehold Inc.

Company Stats

Market Cap
$833.5M
as of Sep 30, 2026
Enterprise Value
$5.5B
Shares Outstanding
70.8M
Free Float
71.1%

Income Statement

Revenue
$385.6M
Operating Income
$100.9M
Net Income
$114.5M
EBITDA
$109.4M
Revenue Growth, 3Y
12.6%

Balance Sheet

Cash & Equivalents
$21.7M
Total Debt
$4.6B
Net Debt
$4.6B
Net Debt / EBITDA
42.20x
EV / EBITDA
49.82x
Net Debt / EBIT
45.78x

Returns & Capital

Dividends Paid
$50.9M
Dividend Yield
6.1%
SBC, 3Y Avg
$16.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$385.6M——
FY2024$365.7M——
FY2023$352.6M——
FY2022$270.3M——
FY2021$187.0M——

Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage