Safety Insurance Group Financial Statements
NASDAQ: SAFTFinanceProperty-Casualty InsurersUSD
Market open · Delayed 15 min · as of Oct 9, 3:35 PM ET
Safety Insurance Group revenue and earnings
In fiscal 2025, Safety Insurance Group generated $1.26 billion in revenue, up 12.8% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $99.3 million (+40.3% year over year), for a net margin of 7.9% versus a median of 6.3% in the prior 5 years. Diluted earnings per share came in at $6.70, up from $4.78.
Over the last 5 fiscal years, SAFT's revenue has grown at a 8.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Safety Insurance Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.26B | 1.12B | 930.96M | 797.56M | 884.91M | 846.25M | 877.75M | 836.50M | 839.11M | 819.82M |
| Revenue growth (YoY) | +12.83% | +20.31% | +16.73% | -9.87% | +4.57% | -3.59% | +4.93% | -0.31% | +2.35% | +2.74% |
| Operating Expenses | 1.14B | 1.03B | 906.54M | 737.98M | 258.39M | 266.48M | 244.14M | 246.64M | 248.44M | 233.02M |
| Interest Expense | 1.53M | 509.00K | 818.00K | 524.00K | 522.00K | 440.00K | 90.00K | 90.00K | 90.00K | 90.00K |
| Pretax Income | 126.68M | 89.87M | 24.42M | 59.58M | 164.27M | 174.77M | 123.68M | 104.25M | 86.70M | 93.28M |
| Income Tax | 27.43M | 19.13M | 5.54M | 13.02M | 33.56M | 36.56M | 24.08M | 21.06M | 24.31M | 28.70M |
| Net Income | 99.25M | 70.73M | 18.88M | 46.56M | 130.71M | 138.21M | 99.60M | 83.19M | 62.39M | 64.58M |
| Net Income growth (YoY) | +40.32% | +274.75% | -59.46% | -64.38% | -5.43% | +38.76% | +19.72% | +33.35% | -3.40% | — |
| EPS (Basic) | 6.72 | 4.79 | 1.28 | 3.17 | 8.85 | 9.25 | 6.52 | 5.48 | 4.13 | 4.29 |
| EPS (Diluted) | 6.70 | 4.78 | 1.28 | 3.15 | 8.80 | 9.18 | 6.46 | 5.43 | 4.10 | 4.27 |
| Shares Outstanding (Basic) | 14.71M | 14.69M | 14.66M | 14.61M | 14.83M | 15.00M | 15.20M | 15.08M | 15.01M | 14.95M |
| Shares Outstanding (Diluted) | 14.75M | 14.72M | 14.71M | 14.71M | 14.93M | 15.12M | 15.34M | 15.23M | 15.14M | 15.03M |
| Net Margin | 7.85% | 6.32% | 2.03% | 5.84% | 14.77% | 16.33% | 11.35% | 9.95% | 7.43% | 7.88% |
This table shows 10 annual periods of Safety Insurance Group's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SAFT's reporting calendar. What is a income statement?