Safety Insurance Group, Inc. (SAFT)

Safety Insurance Group Cash Flow 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 Income	63.04	99.26	70.73	18.88	46.56	130.71
Depreciation & Amortization	4.3	5.21	10.18	6.64	8.3	11.13
Stock-Based Compensation	4.87	4.83	4.48	4.33	5.98	6.29
Other Adjustments	-9.66	-18.7	-18.89	-11.28	18.42	-39.97
Changes in Receivables	-10.55	-18.47	-49.94	-63.19	-22.4	8.84
Changes in Reinsurance Contract Assets	8.47	0.04	-40.49	-23.26	-2.14	9.45
Changes in Deferred Acquisition Costs	-3.61	-6.32	-13.56	-16.34	-2.56	1.84
Changes in Accounts Payable	-18.55	-3.89	3.13	4.5	2.25	0.96
Changes in Accrued Expenses	-0.57	3.1	13.2	-9.34	-2.68	-2.88
Changes in Unearned Premiums	18.17	34.89	91.77	94.78	19.89	-8.41
Changes in Claims Reserves	130.37	90.07	68.59	53.48	-21.05	3.07
Changes in Income Taxes Payable	-11.75	2.89	1.63	-2.41	3.24	-1.23
Changes in Other Operating Activities	-2.95	1.59	-12.15	-4.67	-9.49	21.53
Operating Cash Flow	174.29	194.5	128.69	52.11	44.33	141.39
Operating Cash Flow Growth	13.92%	51.14%	146.94%	17.57%	-68.65%	29.17%
Capital Expenditures	-4.02	-2.51	-4.37	-1.78	-2.09	-8.23
Purchases of Investments	-709.2	-667.4	-356.74	-161.59	-287.49	-447.67
Proceeds from Sale of Investments	582.94	544.2	308.63	189.75	287.18	389.91
Payments for Business Acquisitions	-	-	-2.07	-2.11	-17.59	-
Investing Cash Flow	-130.28	-125.71	-54.54	24.27	-19.99	-65.99
Long-Term Debt Issued	20	50	15	20	5	-
Long-Term Debt Repaid	-	-30	-15	-25	-	-
Net Long-Term Debt Issued (Repaid)	20	20	0	-5	5	-
Repurchase of Common Stock	-	-20	-5.24	-	-14.6	-11.56
Net Common Stock Issued (Repurchased)	-	-20	-5.24	-	-14.6	-11.56
Common Dividends Paid	-53.89	-53.87	-53.33	-53.29	-53.04	-54.01
Financing Cash Flow	-53.89	-53.87	-53.33	-63.53	-62.64	-65.57
Net Cash Flow	-9.88	14.93	20.82	12.85	-38.3	9.83
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%
FCF Margin	13.33%	15.19%	11.10%	5.41%	5.30%	15.05%
Free Cash Flow Per Share	11.60	13.02	8.45	3.42	2.87	8.92
Levered Free Cash Flow	72.53	154.25	120.08	61.99	66.28	154.87
Unlevered Free Cash Flow	54.13	135.45	120.48	67.62	61.69	155.28

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

SEC Filings: 10-K · 10-Q