Safehold EV/EBIT SAFE
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.
- Today, Oct 23, 2026
- 53.3×
- 10-year median
- 43.7×
- Against its 10-year history
- 57th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 8.1× to 193×
- Peer median
- 24.8×
Safehold's EV/EBIT is 53.3× as of Oct 23, 2026.
That is above its ten-year median of 43.7×, close to the middle of its last ten years.
Over that time it ranged from 8.1× in Sep 2019 to 193× in Aug 2021.
The median for 10 specialty REITs of a similar size is 24.8×.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 53.3× | 53.3× | 58.7× |
| 2025 | 56.9× | 54.7× | 65.3× |
| 2024 | 56.7× | 56.7× | 93.9× |
| 2023 | 94.6× | 40.6× | 94.6× |
| 2022 | 39.8× | 23.0× | 60.7× |
| 2021 | 65.5× | 56.2× | 193× |
| 2020 | 55.7× | 9.6× | 57.8× |
| 2019 | 9.5× | 8.1× | 18.6× |
| 2018 | 18.2× | 16.7× | 22.5× |
| 2017 | 18.1× | 15.7× | 41.4× |
| 2016 | 33.3× | 31.0× | 73.8× |
| 2015 | 77.0× | 49.6× | 81.0× |
| 2014 | 57.8× | 57.1× | 128× |
| 2013 | 120× | 54.7× | 138× |
| 2012 | 53.6× | 37.7× | 55.7× |
Against its peers
Companies in REIT - Specialty nearest Safehold's size, closest first, today.
| Company | EV/EBIT |
|---|---|
| SAFESafehold | 53.3× |
| ARIApollo Commercial Real Estate Finance | n/m |
| CTOCTO Realty Growth | 21.5× |
| BFSSaul Centers | 12.3× |
| ADAMAdamas Trust | 4.9× |
| MFAMFA Financial | 129× |
| PSTLPostal Realty Trust | 28.2× |
| CSRCenterspace | 28.9× |
| CLDTChatham Lodging Trust | 29.0× |
| PMTPennyMac Mortgage Investment Trust | 14.4× |
| IVRInvesco Mortgage Capital | n/m |
| Peer median | 24.8× |
Where Safehold ranks
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on Safehold
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.