SAFT
Safety Insurance Group Inc
NASDAQ: SAFT · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$75.16
-0.31% today
Updated 2026-04-30
Market cap
$1.11B
P/E ratio
11.25
P/S ratio
0.88x
EPS (TTM)
$6.70
Dividend yield
4.71%
52W range
$65 – $81
Volume
0.1M
Safety Insurance Group Inc (SAFT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $680.71M | $670.08M | $641.00M | $591.95M | $612.72M | $682.11M | $725.34M | $760.95M | $795.96M | $803.58M | $827.35M | $843.66M | $834.91M | $875.82M | $840.40M | $864.72M | $785.06M | $925.95M | $1.11B | $1.25B |
| Revenue growth (YoY) | — | -1.6% | -4.3% | -7.7% | +3.5% | +11.3% | +6.3% | +4.9% | +4.6% | +1.0% | +3.0% | +2.0% | -1.0% | +4.9% | -4.0% | +2.9% | -9.2% | +17.9% | +19.8% | +13.0% |
| Cost of revenue | $516.13M | $545.15M | $369.82M | $346.30M | $360.85M | $466.64M | $422.22M | $447.75M | $476.37M | $612.57M | $493.43M | $503.89M | $485.51M | $509.85M | $404.56M | $461.73M | $491.98M | $642.30M | $716.64M | $797.18M |
| Gross profit | $164.59M | $124.93M | $271.18M | $245.65M | $251.87M | $215.47M | $303.12M | $313.20M | $319.59M | $191.01M | $333.91M | $339.78M | $349.39M | $365.97M | $435.85M | $402.99M | $293.08M | $283.64M | $393.10M | $456.89M |
| Gross margin | 24.2% | 18.6% | 42.3% | 41.5% | 41.1% | 31.6% | 41.8% | 41.2% | 40.2% | 23.8% | 40.4% | 40.3% | 41.8% | 41.8% | 51.9% | 46.6% | 37.3% | 30.6% | 35.4% | 36.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Operating income | $164.50M | $124.85M | $98.11M | $74.39M | $78.96M | $36.22M | $102.90M | $103.36M | $101.36M | $-20.63M | $103.99M | $93.33M | $109.58M | $123.68M | $174.77M | $164.27M | $59.58M | $24.42M | $89.87M | $126.68M |
| Operating margin | 24.2% | 18.6% | 15.3% | 12.6% | 12.9% | 5.3% | 14.2% | 13.6% | 12.7% | -2.6% | 12.6% | 11.1% | 13.1% | 14.1% | 20.8% | 19.0% | 7.6% | 2.6% | 8.1% | 10.1% |
| EBITDA | $173.08M | $134.97M | $109.44M | $86.58M | $91.58M | $27.91M | $95.83M | $100.10M | $96.53M | $-24.65M | $97.75M | $91.83M | $109.81M | $129.26M | $182.74M | $171.69M | $66.72M | $32.19M | $99.84M | $128.21M |
| EBITDA margin | 25.4% | 20.1% | 17.1% | 14.6% | 14.9% | 4.1% | 13.2% | 13.2% | 12.1% | -3.1% | 11.8% | 10.9% | 13.2% | 14.8% | 21.7% | 19.9% | 8.5% | 3.5% | 9.0% | 10.2% |
| EBIT | $164.59M | $124.93M | $98.19M | $74.53M | $79.05M | $14.36M | $81.51M | $87.78M | $83.41M | $-28.55M | $93.37M | $86.79M | $104.34M | $123.77M | $175.21M | $164.79M | $60.10M | $25.24M | $90.38M | — |
| Interest expense | $86000.00 | $83000.00 | $81000.00 | $135000.00 | $88000.00 | $88000.00 | $88000.00 | $89000.00 | $90000.00 | $90000.00 | $90000.00 | $90000.00 | $90000.00 | $90000.00 | $440000.00 | $522000.00 | $524000.00 | $818000.00 | $509000.00 | $1.53M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $111.94M | $87.41M | $70.26M | $54.15M | $56.34M | $13.70M | $58.07M | $61.35M | $59.35M | $-13.85M | $64.58M | $62.39M | $83.19M | $99.60M | $138.21M | $130.71M | $46.56M | $18.88M | $70.73M | $99.25M |
| Net income growth (YoY) | — | -21.9% | -19.6% | -22.9% | +4.0% | -75.7% | +323.8% | +5.7% | -3.3% | -123.3% | +566.2% | -3.4% | +33.4% | +19.7% | +38.8% | -5.4% | -64.4% | -59.5% | +274.7% | +40.3% |
| Profit margin | 16.4% | 13.0% | 11.0% | 9.1% | 9.2% | 2.0% | 8.0% | 8.1% | 7.5% | -1.7% | 7.8% | 7.4% | 10.0% | 11.4% | 16.4% | 15.1% | 5.9% | 2.0% | 6.4% | 7.9% |