Safety Insurance Group, Inc. (SAFT)

Safety Insurance Group Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	1,157	1,139	1,011	834.41	758.51	774.33
Investment Income	75.45	71.19	65.99	61.92	59.21	63.96
Net Gains on Investments	9.49	18.38	11.68	8.3	-35.18	31.38
Total Other Revenues	34.72	35.15	31.64	26.33	15.03	15.24
Revenue	1,277	1,264	1,120	930.96	797.56	884.91
Revenue Growth (YoY)	10.73%	12.83%	20.31%	16.73%	-9.87%	4.57%
Insurance Benefits & Claims	854.38	797.18	716.64	642.3	491.98	461.73
Other Operating Expenses	339.95	338.34	313.01	263.42	245.48	258.39
Operating Income	82.64	128.21	90.38	25.24	60.11	164.79
Interest Expense	-2.04	-1.53	-0.51	-0.82	-0.52	-0.52
Total Non-Operating Income (Expense)	-2.04	-1.53	-0.51	-0.82	-0.52	-0.52
Pretax Income	80.59	126.68	89.87	24.42	59.58	164.27
Provision for Income Taxes	17.56	27.43	19.13	5.55	13.02	33.56
Net Income	63.04	99.26	70.73	18.88	46.56	130.71
Net Income to Common	63.04	99.26	70.73	18.88	46.56	130.71
Net Income Growth	-13.12%	40.32%	274.75%	-59.46%	-64.38%	-5.43%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	-0.54%	0.19%	0.05%	-0.00%	-1.44%	-1.28%
EPS (Basic)	4.24	6.72	4.79	1.28	3.17	8.85
EPS (Diluted)	4.23	6.70	4.78	1.28	3.15	8.80
EPS Growth	-13.50%	40.17%	273.44%	-59.37%	-64.20%	-4.14%
Shares Outstanding	14.68	14.63	14.84	14.79	14.8	14.84
Free Cash Flow	170.27	191.99	124.32	50.33	42.23	133.17
Free Cash Flow Growth	-11.31%	54.43%	147.01%	19.17%	-68.28%	33.82%
Free Cash Flow Per Share	11.60	13.02	8.45	3.42	2.87	8.92
Dividends Per Share	3.660	3.640	3.600	3.600	3.600	3.600
Dividend Growth	0.55%	1.11%	-	-	-	-
Operating Margin	6.47%	10.15%	8.07%	2.71%	7.54%	18.62%
Profit Margin	4.94%	7.85%	6.32%	2.03%	5.84%	14.77%
FCF Margin	13.33%	15.19%	11.10%	5.41%	5.30%	15.05%
EBITDA	86.94	133.42	100.56	31.88	68.41	175.92
EBITDA Margin	6.81%	10.56%	8.98%	3.42%	8.58%	19.88%
EBIT	82.64	128.21	90.38	25.24	60.11	164.79
EBIT Margin	6.47%	10.15%	8.07%	2.71%	7.54%	18.62%
Effective Tax Rate	21.78%	21.65%	21.29%	22.71%	21.85%	20.43%

Updated May 8, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q