Safehold annual operating margin
2021
2022
2023
2024
2025
Safehold Operating Margin Growth & History (SAFE)
Safehold's operating margin was 26.17% for fiscal 2025.
View full Safehold company overviewSafehold annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.17% | +2.36 pp |
| 2024 | 2024-12-31 | 23.81% | +45.67 pp |
| 2023 | 2023-12-31 | −21.86% | −72.04 pp |
| 2022 | 2022-12-31 | 50.17% | +15.17 pp |
| 2021 | 2021-12-31 | 35.00% | — |
Safehold quarterly operating margin
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.65% | −0.84 pp |
| Q1 2026 | 2026-03-31 | 23.05% | −2.86 pp |
| Q4 2025 | 2025-12-31 | 27.38% | +2.76 pp |
| Q3 2025 | 2025-09-30 | 25.87% | +8.37 pp |
| Q2 2025 | 2025-06-30 | 25.49% | −1.20 pp |
| Q1 2025 | 2025-03-31 | 25.90% | −0.48 pp |
| Q4 2024 | 2024-12-31 | 24.63% | −9.23 pp |
| Q3 2024 | 2024-09-30 | 17.50% | +169.72 pp |
| Q2 2024 | 2024-06-30 | 26.69% | +8.21 pp |
| Q1 2024 | 2024-03-31 | 26.38% | +23.25 pp |
| Q4 2023 | 2023-12-31 | 33.86% | +7.43 pp |
| Q3 2023 | 2023-09-30 | −152.22% | −254.25 pp |
| Q2 2023 | 2023-06-30 | 18.48% | −13.05 pp |
| Q1 2023 | 2023-03-31 | 3.13% | −34.36 pp |
| Q4 2022 | 2022-12-31 | 26.43% | — |
| Q3 2022 | 2022-09-30 | 102.02% | — |
| Q2 2022 | 2022-06-30 | 31.53% | — |
| Q1 2022 | 2022-03-31 | 37.49% | — |
Safehold operating margin trends
Across the available reported history, Safehold's operating margin increased from 23.81% to 26.17%, a change of +2.36 percentage points. The latest reported quarter, Q2 2026, shows 24.65%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Safehold filings at SEC.gov ↗