SAFE (Safehold) Total Payout Ratio: 0.48 (As of Jul. 17, 2026)

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Valuation Modestly Undervalued

7 Warning Signs

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What is Safehold Total Payout Ratio?

Safehold SAFE +0.93% 84 Total Payout Ratio is 0.48 as of Jul. 17, 2026. GuruFocus rates SAFE with a GF Score™ of 84/100 and a GF Value™ of $20.67 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Safehold's current Total Payout Ratio is 0.48.

Safehold Total Payout Ratio Related Terms

Safehold Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Safehold's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Safehold Total Payout Ratio Chart

Safehold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Payout Ratio

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-2.83

-1.85

1.94

0.48

0.44

Safehold Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Payout Ratio	Get a 7-Day Free Trial															0.43	0.46	0.43	0.45	0.55

SAFE vs ESRT, JBGS, AAT: Total Payout Ratio Comparison

For the REIT - Diversified subindustry, Safehold's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Safehold Total Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Safehold's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Safehold's Total Payout Ratio falls into.

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84GF Score

Safehold Inc SAFE

Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Safehold Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Safehold's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-50.924)	/	114.63
	=	0.44

Safehold's Total Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-3.2	+	0	+	-12.693)	/	28.897
	=	0.55

Frequently Asked Questions Learn more about Total Payout Ratio →

What does a Total Payout Ratio of 0.48 mean?

Safehold (SAFE) has a Total Payout Ratio of 0.48 as of Jul. 17, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Safehold and its competitors.

Is Safehold's Total Payout Ratio too high?

Safehold's current Total Payout Ratio is 0.48. Overall, Safehold has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Safehold's Total Payout Ratio compare to ESRT and JBGS?

Safehold's Total Payout Ratio of 0.48 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Payout Ratio for a REITs company?

A good Total Payout Ratio depends on the REITs industry context. However, Total Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Payout Ratio mean?

A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Safehold and its competitors. Safehold's current Total Payout Ratio is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Safehold stock overvalued right now?

Based on GuruFocus' analysis, Safehold (SAFE) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.67, compared to a current price of $17.33 — trading 16.2% below its estimated fair value. The current Total Payout Ratio is 0.48. Safehold's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Payout Ratio calculated?

Total Payout Ratio is calculated from a company's financial statements. For Safehold (SAFE), the current Total Payout Ratio is 0.48 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Safehold (SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safehold stock appears to be undervalued. The current stock price of $17.33 is trading 16.2% below its estimated GF Value™ of $20.67. GuruFocus considers Safehold to be Modestly Undervalued.

Key valuation signals for SAFE:

Total Payout Ratio: 0.48
GF Value™: $20.67 vs. price of $17.33 (16.2% below fair value)
GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Safehold Business Description

Industry Real Estate REITs

Comparable Companies ESRT JBGS AAT CTO GOOD AHRT OLP FVR GNL NXDT ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Other Exchanges J0W:Germany

Address 1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036

Website https://www.safeholdinc.com

Safehold Inc is a REIT that operates its business by acquiring, managing, and capitalizing ground leases. Ground leases are long-term contracts between the landlord (the Company) and a tenant or leaseholder. Ground leases generally represent ownership of the land underlying commercial real estate projects that are net leased by the fee owner of the land to the owners/operators of the real estate projects built thereon.

84GF Score

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Total Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.33

Price

$20.67

GF Value

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