Safety Insurance Group, Inc. (SAFT)

Safety Insurance Group Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	68.62	99.26	70.73	18.88	46.56	130.71
Depreciation & Amortization	5.61	6.78	9.47	6.95	6.61	6.9
Gain (Loss) on Sale of Investments	-5.98	-17.64	-10.95	-9.14	36.89	-26.78
Stock-Based Compensation	5.05	4.83	4.48	4.33	5.98	6.29
Change in Accounts Receivable	0.48	-13.72	-49.78	-64.15	-21.59	8.19
Reinsurance Recoverable	-7.87	-1.7	-31.43	-19.37	2.52	10.84
Change in Accounts Payable	0.55	3.1	13.2	-9.34	-2.68	-2.88
Change in Unearned Revenue	5.28	34.89	91.77	94.78	19.89	-8.41
Change in Income Taxes	-9.03	2.89	1.63	-2.41	3.24	-1.23
Change in Insurance Reserves / Liabilities	122.32	90.07	68.59	53.48	-21.05	3.07
Change in Other Net Operating Assets	-3.3	-1.42	-21.38	-7.61	-14.96	20.73
Other Operating Activities	-0.89	-1.93	0.38	1.66	-8.37	5.32
Operating Cash Flow	180.3	194.5	128.69	52.11	44.33	141.39
Operating Cash Flow Growth	12.88%	51.14%	146.94%	17.57%	-68.65%	29.17%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-4.58	-2.51	-4.37	-1.78	-2.09	-8.23
Cash Acquisitions	-	-	-2.07	-2.11	-17.59	-
Investment in Securities	-103.24	-123.2	-48.11	28.16	-0.31	-57.76
Investing Cash Flow	-107.81	-125.71	-54.54	24.27	-19.99	-65.99

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	50	15	20	5	-
Total Debt Repaid	-	-30	-15	-25	-	-
Net Debt Issued (Repaid)	20	20	-	-5	5	-
Repurchases of Common Stock	-20	-20	-	-5.24	-14.6	-11.56
Common Dividends Paid	-53.98	-53.87	-53.33	-53.29	-53.04	-54.01
Financing Cash Flow	-53.98	-53.87	-53.33	-63.53	-62.64	-65.57

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	18.51	14.93	20.82	12.85	-38.3	9.83

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	175.72	191.99	124.32	50.33	42.23	133.17
Free Cash Flow Growth	10.81%	54.43%	147.01%	19.17%	-68.28%	33.82%
Free Cash Flow Margin	13.66%	15.19%	11.10%	5.41%	5.29%	15.05%
Free Cash Flow Per Share	12.00	13.02	8.45	3.42	2.87	8.92
Levered Free Cash Flow	160.49	204.97	178.71	82.62	22.66	117.47
Unlevered Free Cash Flow	162	205.93	179.03	83.13	22.99	117.8

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	1.44	1.44	0.51	0.81	0.51	0.51
Cash Income Tax Paid	26.86	26.86	16.52	6.07	19.12	29.19
Change in Working Capital	110.44	103.9	62.17	33.55	-34.94	33.21

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

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