Safety Insurance Group, Inc. (SAFT)

Nasdaq: SAFT · Fire, Marine & Casualty Insurance · Boston, MA · filing with the SEC since 2002

Grade5.3

◀ Past 5.3● Present 5.2▶ Future 5.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 27, 2025	Feb 28, 2024	Feb 28, 2023	Feb 28, 2022	Feb 26, 2021	Feb 28, 2020	Feb 28, 2019	Feb 28, 2018	Feb 24, 2017
Revenue	1,263,732	1,120,017	930,956	797,559	884,911	846,248	877,753	836,497	839,113	819,822
For lenders
Interest and dividend income	66,677	59,171	59,647	49,997	47,498	44,176	49,744	46,732	41,444	41,418
For insurers
Premiums earned	1,139,011	1,010,704	834,414	758,505	774,328	771,078	788,777	781,587	774,420	755,760
Net investment income	62,732	55,720	56,377	46,725	44,135	41,045	46,665	43,788	38,758	38,413
Benefits, claims and losses	797,182	716,637	642,302	491,979	461,727	404,556	509,846	485,513	503,887	493,433
Total benefits, losses and expenses	1,137,049	1,030,151	906,536	737,978	720,641	671,478	754,072	732,246	752,413	726,540
Total operating expenses	·	·	·	·	258,392	266,482	244,136	246,643	248,436	233,017
Interest expense	1,530	509	818	524	522	440	90	90	90	90
Share of profit of equity-method investments	4,025	4,654	5,521	2,304	4,895	1,378	1,552	1,182	1,016	949
Income before income taxes	126,683	89,866	24,420	59,581	164,270	174,770	123,681	104,251	86,700	93,282
Income tax expense	27,428	19,132	5,545	13,020	33,560	36,559	24,080	21,056	24,313	28,697
Net income including non-controlling interests	99,255	70,734	18,875	46,561	130,710	138,211	99,601	83,195	62,387	64,585
Net income	99,255	70,734	18,875	46,561	130,710	138,211	99,601	83,195	62,387	64,585
Net income to common shareholders	98,798	70,416	18,790	46,356	131,285	138,847	99,078	82,699	61,995	64,149^r
Earnings per share, basic	6.72	4.79	1.28	3.17	8.85	9.25	6.52	5.48	4.13	4.29
Earnings per share, diluted	6.70	4.78	1.28	3.15	8.80	9.18	6.46	5.43	4.10	4.27
Weighted average shares, basic	14,711,942	14,692,089	14,663,730	14,607,483	14,828,736	15,002,755	15,201,132	15,080,269	15,010,751	14,946,453
Weighted average shares, diluted	14,745,125	14,717,118	14,710,131	14,710,611	14,925,726	15,119,027	15,337,807	15,229,898	15,135,348	15,032,263

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SAFT · research, not advice