Safety Insurance Group, Inc. (SAFT)

Safety Insurance Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	1,139	1,011	834.41	758.51	774.33
Investment Income	71.19	65.99	61.92	59.21	63.96
Net Gains on Investments	18.38	11.68	8.3	-35.18	31.38
Total Other Revenues	35.15	31.64	26.33	15.03	15.24
Revenue	1,264	1,120	930.96	797.56	884.91
Revenue Growth (YoY)	12.83%	20.31%	16.73%	-9.87%	4.57%
Insurance Benefits & Claims	797.18	716.64	642.3	491.98	461.73
Other Operating Expenses	338.34	313.01	263.42	245.48	258.39
Operating Income	128.21	90.38	25.24	60.11	164.79
Interest Expense	-1.53	-0.51	-0.82	-0.52	-0.52
Total Non-Operating Income (Expense)	-1.53	-0.51	-0.82	-0.52	-0.52
Pretax Income	126.68	89.87	24.42	59.58	164.27
Provision for Income Taxes	27.43	19.13	5.55	13.02	33.56
Net Income	99.26	70.73	18.88	46.56	130.71
Net Income to Common	99.26	70.73	18.88	46.56	130.71
Net Income Growth	40.32%	274.75%	-59.46%	-64.38%	-5.43%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
Shares Change (YoY)	0.19%	0.05%	-0.00%	-1.44%	-1.28%
EPS (Basic)	6.72	4.79	1.28	3.17	8.85
EPS (Diluted)	6.70	4.78	1.28	3.15	8.80
EPS Growth	40.17%	273.44%	-59.37%	-64.20%	-4.14%
Shares Outstanding	14.63	14.84	14.79	14.8	14.84
Free Cash Flow	191.99	124.32	50.33	42.23	133.17
Free Cash Flow Growth	54.43%	147.01%	19.17%	-68.28%	33.82%
Free Cash Flow Per Share	13.02	8.45	3.42	2.87	8.92
Dividends Per Share	3.640	3.600	3.600	3.600	3.600
Dividend Growth	1.11%	-	-	-	-
Operating Margin	10.15%	8.07%	2.71%	7.54%	18.62%
Profit Margin	7.85%	6.32%	2.03%	5.84%	14.77%
FCF Margin	15.19%	11.10%	5.41%	5.30%	15.05%
EBITDA	133.42	100.56	31.88	68.41	175.92
EBITDA Margin	10.56%	8.98%	3.42%	8.58%	19.88%
EBIT	128.21	90.38	25.24	60.11	164.79
EBIT Margin	10.15%	8.07%	2.71%	7.54%	18.62%
Effective Tax Rate	21.65%	21.29%	22.71%	21.85%	20.43%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q