Safehold, Inc. Income Statement
SAFE / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Safehold, Inc. reported $386M in revenue and $114M in net income for FY2025. Revenue has declined at a 1.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.32 (distress zone, below 1.8 threshold)
- Strong profit margin: 28.9%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $385.6M | $365.7M | $352.6M | $270.3M | $187.0M | $324.1M | $273.7M | $798.1M | $679.2M | $455.2M | $496.0M | $462.0M | $390.8M | $397.5M | $462.5M |
| Cost of Revenue | $4.8M | $4.2M | $4.7M | $3.1M | $2.7M | - | - | - | - | - | - | - | - | - | - |
| SG&A Expense | $54.3M | $54.9M | $68.6M | $38.6M | $28.8M | $100.9M | $98.6M | $92.1M | $98.9M | $84.0M | $81.3M | $88.3M | $92.1M | $80.9M | $105.0M |
| Operating Income | $100.9M | $87.1M | -$77.1M | $135.6M | $65.5M | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | $181.0M | $129.0M | $79.7M | $126.8M | $141.7M | $183.8M | $194.7M | $221.4M | $224.6M | $224.5M | $266.2M | $355.1M | $342.2M |
| Income Tax | $2.9M | $3.4M | $1.7M | $567.0K | -$118.0K | $89.0K | $369.0K | $815.0K | -$948.0K | -$10.2M | $7.6M | $3.9M | -$659.0K | $8.4M | -$4.7M |
| Net Income | $114.5M | $105.8M | -$55.0M | $135.4M | $73.1M | -$42.4M | $324.0M | -$32.3M | $175.7M | $95.3M | -$2.4M | $16.5M | -$112.0M | -$239.9M | -$22.1M |
| EPS (Basic) | -$0.82 | $2.17 | $1.32 | -$0.87 | $4.51 | -$0.95 | $1.56 | $0.60 | -$0.62 | -$0.40 | - | - | - | $0.39 | -$7.88 |
| EPS (Diluted) | -$0.82 | $2.17 | $1.32 | -$0.87 | $4.51 | -$0.95 | $1.56 | $0.60 | -$0.62 | -$0.40 | -$1.83 | -$3.26 | -$0.70 | $0.39 | -$7.88 |
| Shares Outstanding | 71.4M | 71.1M | 62.4M | 68.9M | 74.0M | 77.8M | 68.1M | 68.2M | 72.0M | 81.1M | 85.2M | 83.7M | 83.8M | 81.9M | 92.3M |
| Operating Margin | 26.2% | 23.8% | -21.9% | 50.2% | 35.0% | - | - | - | - | - | - | - | - | - | - |
| Profit Margin | 29.7% | 28.9% | -15.6% | 50.1% | 39.1% | -13.1% | 118.4% | -4.0% | 25.9% | 20.9% | -0.5% | 3.6% | -28.6% | -60.4% | -4.8% |