Safehold Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 187.01M | 270.31M | 352.58M | 365.69M | 385.55M | 5.4% | |
| Cost of Revenue | (2.66M) | (3.11M) | (4.65M) | (4.22M) | (21.85M) | 417.4% | |
Gross Profit | 184.35M | 267.20M | 347.93M | 361.46M | 363.70M | 0.6% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (28.75M) | (38.61M) | (65.44M) | (54.92M) | — | -100.0% | |
| Depreciation & Amortization | (11.99M) | (11.92M) | (12.24M) | (12.26M) | (8.55M) | -30.3% | |
Operating Income (EBIT) | 65.46M | 135.63M | -77.08M | 87.08M | 307.58M | 253.2% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | 297.30M | — | |
| Interest Expense | (79.71M) | (128.97M) | (181.01M) | (198.04M) | (206.69M) | 4.4% | |
| Other Income/Expenses (Net) | 7.90M | 9.05M | 24.23M | 22.98M | -190.02M | -927.0% | |
Income Before Tax | 73.36M | 144.68M | -52.85M | 110.06M | 117.56M | 6.8% | |
| Income Tax Expense | — | — | (1.72M) | (3.44M) | (2.93M) | -14.9% | |
Net Income | 73.12M | 135.42M | -54.97M | 105.76M | 114.47M | 8.2% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $2 | $-1 | $1 | $2 | 8.1% | |
| Weighted Avg Shares Outstanding | 56.15M | 62.91M | 66.69M | 71.37M | 71.69M | 0.5% | |
| Weighted Avg Shares Outstanding (Diluted) | 56.15M | 62.91M | 66.69M | 71.45M | 71.79M | 0.5% | |
EBITDA | 165.05M | 285.57M | 140.41M | 320.36M | 332.80M | 3.9% |
Explore SAFE
SAFE in the Real Estate
Small Cap