Safety Insurance Group, Inc. (SAFT) — Financial statements
Income statement, balance sheet, and cash flow for Safety Insurance Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,254↑13.0% | 1,110↑19.8% | 926↑17.9% | 785↓9.2% | 865 | |
| Cost of Revenue | 797↑11.2% | 717↑11.6% | 642↑30.6% | 492↑6.6% | 462 | |
| Gross Profit | 457↑16.2% | 393↑38.6% | 284↓3.2% | 293↓27.3% | 403 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 330↑8.9% | 303↑17.0% | 259↑11.0% | 234↓2.2% | 239 | |
| Operating Expenses | 330↑8.9% | 303↑17.0% | 259↑11.0% | 234↓2.2% | 239 | |
| Total Costs & Expenses | 1,127↑10.5% | 1,020↑13.1% | 902↑24.3% | 725↑3.6% | 700 | |
| Operating Results | ||||||
| Operating Income | 127↑41.0% | 90↑268.0% | 24↓59.0% | 60↓63.7% | 164 | |
| Depreciation & Amortization | 0.00↓100.0% | 9↑36.2% | 7↑5.1% | 7↓4.1% | 7 | |
| EBITDA | 128↑28.4% | 100↑210.2% | 32↓51.8% | 67↓61.1% | 172 | |
| EBIT | 128↑41.9% | 90↑258.1% | 25↓58.0% | 60↓63.5% | 165 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓200.6% | -0.51↓100.7% | 73↑18.0% | 62↑7.5% | 57 | |
| Interest Income | 0.00 | 0.00↓100.0% | 74↑18.3% | 62↑7.5% | 58 | |
| Interest Expense | 2↑200.6% | 0.51↓37.8% | 0.82↑56.1% | 0.52↑0.4% | 0.52 | |
| Non-Operating Income | -2↓200.6% | -0.51↑37.8% | -0.82↓56.1% | -0.52↓0.4% | -0.52 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 127↑41.0% | 90↑268.0% | 24↓59.0% | 60↓63.7% | 164 | |
| Income Tax Expense | 27↑43.4% | 19↑245.0% | 6↓57.4% | 13↓61.2% | 34 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 99↑40.3% | 71↑274.7% | 19↓59.5% | 47↓64.4% | 131 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 99↑40.3% | 71↑274.7% | 19↓59.5% | 47↓64.4% | 131 | |
| Bottom-Line Net Income | 99↑41.0% | 70↑274.8% | 19↓59.5% | 46↓64.7% | 131 | |
| EPS (Basic) | 6.72↑40.3% | 4.79↑274.2% | 1.28↓59.6% | 3.17↓64.2% | 8.85 | |
| EPS (Diluted) | 6.70↑40.2% | 4.78↑273.4% | 1.28↓59.4% | 3.15↓64.2% | 8.80 | |
| Weighted Average Shares | 15↑0.1% | 15↑0.2% | 15↑0.4% | 15↓1.5% | 15 | |
| Weighted Average Diluted Shares | 15↑0.2% | 15↑0.0% | 15↓0.0% | 15↓1.4% | 15 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.