Safety Insurance Group, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 864.72M | 785.06M | 925.95M | 1.11B | 1.25B | 13.0% | |
| Cost of Revenue | (461.73M) | (491.98M) | (642.30M) | (716.64M) | (797.18M) | 11.2% | |
Gross Profit | 402.99M | 293.08M | 283.64M | 393.10M | 456.89M | 16.2% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | — | — | — | — | — | — | |
| Depreciation & Amortization | (6.90M) | (6.61M) | (6.95M) | (9.46M) | (6.78M) | -28.4% | |
Operating Income (EBIT) | 164.27M | 59.58M | 24.42M | 89.87M | 126.68M | 41.0% | |
| Non-Operating Items | |||||||
| Interest Income | 57.84M | 62.15M | 73.52M | 78.22M | 88.30M | 12.9% | |
| Interest Expense | (522.00K) | (524.00K) | (818.00K) | (509.00K) | (1.53M) | 200.6% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 164.27M | 59.58M | 24.42M | 89.87M | 126.68M | 41.0% | |
| Income Tax Expense | (33.56M) | (13.02M) | (5.54M) | (19.13M) | (27.43M) | 43.4% | |
Net Income | 130.71M | 46.56M | 18.88M | 70.73M | 99.25M | 40.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $9 | $3 | $1 | $5 | $7 | 40.3% | |
| Weighted Avg Shares Outstanding | 14.83M | 14.61M | 14.66M | 14.69M | 14.71M | 0.1% | |
| Weighted Avg Shares Outstanding (Diluted) | 14.93M | 14.71M | 14.71M | 14.72M | 14.75M | 0.2% | |
EBITDA | 171.69M | 66.72M | 32.19M | 99.84M | 134.99M | 35.2% |
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