Financial insights of SAFE

MyFinsight

For the year ending 2025-12-31, SAFE made $385,552K in revenue. $114,469K in net income. Net profit margin of 29.69%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31
Total revenues	385,552	365,685
Interest expense	206,686	198,042
Real estate expense	4,761	4,224
Depreciation and amortization	8,546	9,947
General and administrative	54,337	54,917
Provision for (recovery of) credit losses	6,564	9,489
Other expense	3,760	1,983
Total costs and expenses	284,654	278,602
Income (loss) from operations before other items	100,898	87,083
Loss on early extinguishment of debt	-2,224	-
Earnings (losses) from equity method investments	18,889	22,977
Net income (loss) before income taxes	117,563	110,060
Income tax expense	2,933	3,445
Net income (loss)	114,630	106,615
Net (income) loss attributable to noncontrolling interests	161	852
Net income (loss) attributable to safehold inc. common shareholders	114,469	105,763

Earnings per share, basic	1.6	1.48
Earnings per share, diluted	1.59	1.48
Weighted average number of shares outstanding, basic	71,694,000	71,370,000
Weighted average number of shares outstanding, diluted	71,786,000	71,451,000