Safety Insurance Group, Inc. (SAFT) quarterly income statement — complete revenue, gross profit & net income history
Safety Insurance Group, Inc. (SAFT) annual income statement — 25-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Revenue | 325.68M | 315.01M | 315.3M | 323.21M | 315.93M | 299.64M | 284.7M | 291.1M | 267.34M | 266.6M | 257.98M | 226.53M | 228.93M | 212.51M | 202.72M | 191.68M | 177.64M | 192.17M | 219.18M | 216.25M |
| Revenue Growth % | 3.09% | 5.13% | 10.75% | 11.03% | 18.18% | 12.39% | 10.36% | 28.5% | 16.78% | 25.45% | 27.26% | 18.18% | 28.87% | 10.59% | -7.51% | -11.36% | -23.63% | -11.62% | 7.37% | -0.59% |
| Medical Costs & Claims | 0 | 247.49M | 207.68M | 204.98M | 194.23M | 190.29M | 193.01M | 182.49M | 172.74M | 168.4M | 172.1M | 159.52M | 143.52M | 167.15M | 132.03M | 124.07M | 112.72M | 123.17M | 120.94M | 119.13M |
| Medical Cost Ratio % | 0% | 78.56% | 65.87% | 63.42% | 61.48% | 63.51% | 67.79% | 62.69% | 64.62% | 63.16% | 66.71% | 70.42% | 62.69% | 78.65% | 65.13% | 64.73% | 63.45% | 64.09% | 55.18% | 55.09% |
| Gross Profit | 325.68M | 67.52M | 107.62M | 118.23M | 121.7M | 109.35M | 91.69M | 108.61M | 94.6M | 98.2M | 85.87M | 67.01M | 85.4M | 45.36M | 70.69M | 67.61M | 64.92M | 69M | 98.24M | 97.12M |
| Gross Margin % | 100% | 21.44% | 34.13% | 36.58% | 38.52% | 36.49% | 32.21% | 37.31% | 35.38% | 36.84% | 33.29% | 29.58% | 37.31% | 21.35% | 34.87% | 35.27% | 36.55% | 35.91% | 44.82% | 44.91% |
| Gross Profit Growth % | 167.61% | -38.25% | 17.37% | 8.86% | 28.65% | 11.35% | 6.78% | 62.08% | 10.77% | 116.49% | 21.47% | -0.89% | 31.54% | -34.26% | -28.04% | -30.38% | -46.97% | -34.86% | -9.34% | -19.38% |
| Operating Expenses | 281.93M | 85.38M | 82.2M | 82.02M | 84.87M | 81.12M | 81.57M | 75.7M | 73.36M | 72.6M | 70.09M | 64.53M | 63.94M | 60.67M | 59.74M | 59.84M | 55.04M | 58.89M | 57.88M | 57.75M |
| OpEx / Revenue % | 86.56% | 27.1% | 26.07% | 25.38% | 26.86% | 27.07% | 28.65% | 26.01% | 27.44% | 27.23% | 27.17% | 28.49% | 27.93% | 28.55% | 29.47% | 31.22% | 30.98% | 30.65% | 26.41% | 26.71% |
| Depreciation & Amortization | 0 | 1.37M | 5.94M | 1.49M | 1.97M | 1.94M | 2.46M | 2.4M | 2.35M | 2.26M | 1.84M | 1.76M | 1.65M | 1.69M | 1.62M | 1.61M | 1.68M | 1.7M | 1.9M | 1.58M |
| Combined Ratio % | 86.56% | 105.67% | 91.94% | 88.8% | 88.34% | 90.58% | 96.45% | 88.7% | 92.06% | 90.4% | 93.88% | 98.91% | 90.62% | 107.2% | 94.6% | 95.94% | 94.43% | 94.74% | 81.59% | 81.8% |
| Operating Income | 43.76M | -17.86M | 25.42M | 36.21M | 36.83M | 28.23M | 10.12M | 32.91M | 21.23M | 25.61M | 15.78M | 2.48M | 21.47M | -15.31M | 10.95M | 7.77M | 9.89M | 10.11M | 40.36M | 39.37M |
| Operating Margin % | 13.44% | -5.67% | 8.06% | 11.2% | 11.66% | 9.42% | 3.55% | 11.3% | 7.94% | 9.6% | 6.12% | 1.09% | 9.38% | -7.2% | 5.4% | 4.06% | 5.57% | 5.26% | 18.41% | 18.2% |
| Operating Income Growth % | 18.82% | -163.27% | 151.17% | 10.04% | 73.43% | 10.24% | -35.89% | 1228.96% | -1.08% | 267.29% | 44.09% | -68.15% | 117.12% | -251.34% | -72.86% | -80.25% | -83.53% | -77.65% | -4.99% | -30.47% |
| EBITDA | 44.57M | -16.49M | 31.36M | 37.7M | 38.8M | 30.17M | 12.58M | 35.3M | 23.59M | 27.87M | 17.63M | 4.24M | 23.12M | -13.62M | 12.57M | 9.38M | 11.56M | 11.82M | 42.26M | 40.94M |
| EBITDA Margin % | 13.69% | -5.24% | 9.95% | 11.66% | 12.28% | 10.07% | 4.42% | 12.13% | 8.82% | 10.45% | 6.83% | 1.87% | 10.1% | -6.41% | 6.2% | 4.9% | 6.51% | 6.15% | 19.28% | 18.93% |
| Interest Expense | 814K | 618K | 558K | 426K | 442K | 104K | 124K | 124K | 138K | 123K | 121K | 139K | 348K | 210K | 132K | 132K | 131K | 129K | 132K | 131K |
| Non-Operating Income | -814K | -618K | -558K | -426K | -442K | -104K | -124K | -124K | -138K | -123K | -121K | -139K | -348K | -210K | -20.98M | -132K | -131K | -129K | -132K | 8.08M |
| Pretax Income | 43.76M | -17.86M | 25.42M | 36.21M | 36.83M | 28.23M | 10.12M | 32.91M | 21.23M | 25.61M | 15.78M | 2.48M | 21.47M | -15.31M | 31.81M | 7.77M | 9.89M | 10.11M | 40.36M | 31.16M |
| Pretax Margin % | 13.44% | -5.67% | 8.06% | 11.2% | 11.66% | 9.42% | 3.55% | 11.3% | 7.94% | 9.6% | 6.12% | 1.09% | 9.38% | -7.2% | 15.69% | 4.06% | 5.57% | 5.26% | 18.41% | 14.41% |
| Income Tax | 9.24M | -3.54M | 5.3M | 7.9M | 7.89M | 6.33M | 1.99M | 7.02M | 4.6M | 5.53M | 3.52M | 527K | 4.47M | -2.97M | 7.18M | 1.58M | 1.99M | 2.28M | 8.31M | 6.34M |
| Effective Tax Rate % | 21.11% | 19.8% | 20.87% | 21.82% | 21.42% | 22.44% | 19.65% | 21.32% | 21.66% | 21.59% | 22.31% | 21.28% | 20.8% | 19.4% | 22.56% | 20.35% | 20.09% | 22.5% | 20.59% | 20.34% |
| Net Income | 34.52M | -14.32M | 20.11M | 28.31M | 28.94M | 21.9M | 8.13M | 25.89M | 16.64M | 20.08M | 12.26M | 1.95M | 17M | -12.34M | 24.63M | 6.19M | 7.9M | 7.84M | 32.05M | 24.82M |
| Net Margin % | 10.6% | -4.55% | 6.38% | 8.76% | 9.16% | 7.31% | 2.86% | 8.89% | 6.22% | 7.53% | 4.75% | 0.86% | 7.43% | -5.81% | 12.15% | 3.23% | 4.45% | 4.08% | 14.62% | 11.48% |
| Net Income Growth % | 19.28% | -165.41% | 147.35% | 9.35% | 73.94% | 9.05% | -33.69% | 1228.32% | -2.15% | 262.75% | -50.22% | -68.52% | 115.18% | -257.4% | -23.15% | -75.05% | -79.02% | -78.33% | -39.49% | -44.53% |
| EPS (Diluted) | 2.36 | -0.99 | 1.37 | 1.90 | 1.95 | 1.48 | 0.55 | 1.73 | 1.13 | 1.36 | 0.83 | 0.13 | 1.15 | -0.84 | 1.68 | 0.42 | 0.53 | 0.53 | 2.14 | 1.64 |
| EPS Growth % | 21.03% | -166.89% | 149.09% | 9.83% | 72.57% | 8.82% | -33.73% | 1230.77% | -1.74% | 261.9% | -50.6% | -69.05% | 116.98% | -258.49% | -21.5% | -74.39% | -78.71% | -78.1% | -39.72% | -44.59% |
| EPS (Basic) | 2.36 | -0.99 | 1.38 | 1.91 | 1.95 | 1.48 | 0.55 | 1.74 | 1.13 | 1.36 | 0.83 | 0.13 | 1.15 | -0.84 | 1.69 | 0.42 | 0.54 | 0.53 | 2.15 | 1.65 |
| Diluted Shares Outstanding | 14.56M | 14.5M | 14.67M | 14.77M | 14.78M | 14.75M | 14.72M | 14.87M | 14.72M | 14.7M | 14.68M | 14.68M | 14.72M | 14.68M | 14.7M | 14.71M | 14.7M | 14.73M | 14.93M | 15.08M |