Safehold annual net debt
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2025
Safehold Net Debt Growth & History (SAFE)
Safehold's net debt was $4.57B for fiscal 2025.
View full Safehold company overviewSafehold annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.57B | $250.3M | +5.80% |
| 2024 | 2024-12-31 | $4.32B | $268.1M | +6.62% |
| 2023 | 2023-12-31 | $4.05B | $544.6M | +15.53% |
| 2022 | 2022-12-31 | $3.51B | $940.9M | +36.67% |
| 2021 | 2021-12-31 | $2.57B | −$81.6M | −3.08% |
| 2020 | 2020-12-31 | $2.65B | −$614.5M | −18.84% |
| 2019 | 2019-12-31 | $3.26B | $584.5M | +21.83% |
| 2018 | 2018-12-31 | $2.68B | −$141.4M | −5.02% |
| 2017 | 2017-12-31 | $2.82B | −$242.5M | −7.92% |
| 2016 | 2016-12-31 | $3.06B | −$346.6M | −10.17% |
| 2015 | 2015-12-31 | $3.41B | −$142.9M | −4.02% |
| 2014 | 2014-12-31 | $3.55B | −$93.9M | −2.58% |
| 2013 | 2013-12-31 | $3.64B | −$844.9M | −18.82% |
| 2012 | 2012-12-31 | $4.49B | −$1.03B | −18.63% |
| 2011 | 2011-12-31 | $5.52B | −$1.32B | −19.34% |
| 2010 | 2010-12-31 | $6.84B | — | — |
Safehold quarterly net debt
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.64B | $205.3M | +4.62% |
| Q1 2026 | 2026-03-31 | $4.68B | $350.0M | +8.08% |
| Q4 2025 | 2025-12-31 | $4.57B | $250.3M | +5.80% |
| Q3 2025 | 2025-09-30 | $4.51B | $217.1M | +5.06% |
| Q2 2025 | 2025-06-30 | $4.44B | $247.8M | +5.91% |
| Q1 2025 | 2025-03-31 | $4.33B | $187.1M | +4.51% |
| Q4 2024 | 2024-12-31 | $4.32B | $268.1M | +6.62% |
| Q3 2024 | 2024-09-30 | $4.29B | $348.5M | +8.84% |
| Q2 2024 | 2024-06-30 | $4.19B | $203.9M | +5.11% |
| Q1 2024 | 2024-03-31 | $4.15B | $244.9M | +6.28% |
| Q4 2023 | 2023-12-31 | $4.05B | $544.6M | +15.53% |
| Q3 2023 | 2023-09-30 | $3.94B | $2.28B | +136.96% |
| Q2 2023 | 2023-06-30 | $3.99B | $2.16B | +118.00% |
| Q1 2023 | 2023-03-31 | $3.90B | $1.83B | +87.96% |
| Q4 2022 | 2022-12-31 | $3.51B | $940.9M | +36.67% |
| Q3 2022 | 2022-09-30 | $1.66B | −$1.52B | −47.73% |
| Q2 2022 | 2022-06-30 | $1.83B | −$1.51B | −45.17% |
| Q1 2022 | 2022-03-31 | $2.08B | −$1.22B | −37.07% |
| Q4 2021 | 2021-12-31 | $2.57B | −$81.6M | −3.08% |
| Q3 2021 | 2021-09-30 | $3.18B | −$237.1M | −6.93% |
| Q2 2021 | 2021-06-30 | $3.34B | −$67.7M | −1.99% |
| Q1 2021 | 2021-03-31 | $3.30B | −$115.1M | −3.37% |
| Q4 2020 | 2020-12-31 | $2.65B | −$614.5M | −18.84% |
| Q3 2020 | 2020-09-30 | $3.42B | $335.6M | +10.88% |
| Q2 2020 | 2020-06-30 | $3.40B | $566.9M | +19.99% |
| Q1 2020 | 2020-03-31 | $3.41B | $559.6M | +19.61% |
| Q4 2019 | 2019-12-31 | $3.26B | $584.5M | +21.83% |
| Q3 2019 | 2019-09-30 | $3.08B | $229.5M | +8.04% |
| Q2 2019 | 2019-06-30 | $2.84B | $6.0M | +0.21% |
| Q1 2019 | 2019-03-31 | $2.85B | $89.2M | +3.23% |
| Q4 2018 | 2018-12-31 | $2.68B | −$141.4M | −5.02% |
| Q3 2018 | 2018-09-30 | $2.86B | $488.9M | +20.66% |
| Q2 2018 | 2018-06-30 | $2.83B | $416.2M | +17.24% |
| Q1 2018 | 2018-03-31 | $2.76B | −$220.7M | −7.39% |
| Q4 2017 | 2017-12-31 | $2.82B | −$242.5M | −7.92% |
| Q3 2017 | 2017-09-30 | $2.37B | −$835.9M | −26.10% |
| Q2 2017 | 2017-06-30 | $2.41B | −$835.4M | −25.71% |
| Q1 2017 | 2017-03-31 | $2.98B | −$534.6M | −15.19% |
| Q4 2016 | 2016-12-31 | $3.06B | −$346.6M | −10.17% |
| Q3 2016 | 2016-09-30 | $3.20B | −$285.7M | −8.19% |
| Q2 2016 | 2016-06-30 | $3.25B | −$265.2M | −7.55% |
| Q1 2016 | 2016-03-31 | $3.52B | −$116.6M | −3.21% |
| Q4 2015 | 2015-12-31 | $3.41B | −$142.9M | −4.02% |
| Q3 2015 | 2015-09-30 | $3.49B | $93.8M | +2.76% |
| Q2 2015 | 2015-06-30 | $3.51B | −$211.5M | −5.68% |
| Q1 2015 | 2015-03-31 | $3.64B | −$56.3M | −1.52% |
| Q4 2014 | 2014-12-31 | $3.55B | −$93.9M | −2.58% |
| Q3 2014 | 2014-09-30 | $3.39B | −$167.6M | −4.71% |
| Q2 2014 | 2014-06-30 | $3.73B | −$11.0M | −0.29% |
| Q1 2014 | 2014-03-31 | $3.69B | −$394.1M | −9.64% |
| Q4 2013 | 2013-12-31 | $3.64B | −$844.9M | −18.82% |
| Q3 2013 | 2013-09-30 | $3.56B | −$1.54B | −30.22% |
| Q2 2013 | 2013-06-30 | $3.74B | −$1.62B | −30.28% |
| Q1 2013 | 2013-03-31 | $4.09B | −$1.76B | −30.04% |
| Q4 2012 | 2012-12-31 | $4.49B | −$1.03B | −18.63% |
| Q3 2012 | 2012-09-30 | $5.10B | −$673.8M | −11.66% |
| Q2 2012 | 2012-06-30 | $5.36B | −$644.2M | −10.73% |
| Q1 2012 | 2012-03-31 | $5.84B | — | — |
| Q4 2011 | 2011-12-31 | $5.52B | −$1.32B | −19.34% |
| Q3 2011 | 2011-09-30 | $5.78B | — | — |
| Q2 2011 | 2011-06-30 | $6.00B | — | — |
| Q4 2010 | 2010-12-31 | $6.84B | — | — |
Safehold net debt trends
Over the last five fiscal years, Safehold's net debt increased from $2.65B to $4.57B, a change of $1.92B. The latest reported quarter, Q2 2026, shows $4.64B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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