Safehold Inc. (SAFE)

NYSE: SAFE · Real Estate Investment Trusts · New York, NY · filing with the SEC since 1999

Grade4.9

◀ Past 3.1● Present 5.2▶ Future 6.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 12, 2026	Feb 6, 2025	Feb 13, 2024	Feb 22, 2023	Feb 25, 2022	Feb 23, 2021	Feb 24, 2020	Feb 26, 2019	Feb 26, 2018	Feb 27, 2017
Revenue	385,552	365,685	352,578	270,313^r	187,014^r	324,099^r	273,705^r	798,122	679,202	455,187^r
For lenders
Interest and dividend income	11,227	9,482	7,143	·	·	·	·	·	·	·
Interest expense on deposits and borrowings	206,686	198,042	181,011	128,969	·	·	·	·	·	·
Provision for credit losses	6,564	9,489	2,704	44,998	-8,085	8,866^r	6,482	16,937	-5,828	-12,514
Cost of revenue	4,761	4,224	4,653	3,110	2,663	·	·	·	·	·
General and administrative	54,337	54,917	68,569	38,614^r	28,753^r	100,879	98,609	92,135	98,882	84,027
Total costs and expenses	284,654	278,602	430,100	190,495^r	121,553^r	474,070^r	455,534^r	994,140	718,639	564,467^r
Operating income	100,898	87,083	-77,075	135,629	65,461	·	·	·	·	·
Interest expense	·	·	181,011	128,969^r	79,707^r	126,828^r	141,699^r	183,751	194,686	221,398
Share of profit of equity-method investments	18,889	22,977	24,229	9,055^r	6,279^r	39,472^r	42,378^r	-5,007	13,015	77,349
Income before income taxes	117,563	110,060	-52,846	144,684^r	73,357^r	-116,219^r	-155,206^r	-17,511	50,903^r	71,746^r
Income tax expense	2,933	3,445	1,719	567	-118	89^r	369^r	815	-948	-10,166
Income from continuing operations	·	·	·	-197,274	16,574	-116,308	-155,575^r	-18,326	51,851^r	81,912^r
Income from discontinued operations	·	·	·	797,688	121,452	85,455	489,900	·	·	·
Net income including non-controlling interests	114,630	106,615	-54,565	144,684^r	73,357^r	-30,853	334,325	-18,326	180,208	100,182
Net income to non-controlling interests	161	852	408	9,261	234^r	337^r	-447^r	13,936	4,526	4,876
Net income	114,469	105,763	-54,973	135,423^r	73,123^r	-42,441	324,042	-32,262	175,682	95,306
Preferred dividends	·	·	·	23,496	23,496	23,496	32,495	32,495	64,758	51,320
Net income to common shareholders	114,469	105,763	-54,973	135,423^r	73,123^r	-65,937	291,547	-64,757	110,924	43,972
Earnings per share, basic	1.60	1.48	-0.82	2.17^r	1.32^r	-0.87	4.51	-0.95	1.56	0.60
Earnings per share, diluted	1.59	1.48	-0.82	2.17^r	1.32^r	-0.87	4.51^r	-0.95	1.56	0.60^r
Weighted average shares, basic	71,694	71,370	66,690	62,393^r	55,250^r	75,684	64,696	67,958	71,021	73,453
Weighted average shares, diluted	71,786	71,451	66,690	62,394^r	55,263^r	75,684	64,696^r	67,958	71,021	73,835^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanLossesExpensed

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SAFE · research, not advice