Safety Insurance Group financials
$103.63+0.06%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.12B | $931.0M | $797.6M | $884.9M | $846.2M | $878.6M | $836.7M | $839.4M | $820.6M |
| Gross profit | $466.6M | $403.4M | $288.7M | $305.6M | $423.2M | $441.7M | $368.8M | $351.2M | $335.5M | $327.2M |
| Gross margin | 36.9% | 36.0% | 31.0% | 38.3% | 47.8% | 52.2% | 42.0% | 42.0% | 40.0% | 39.9% |
| Operating income | $128.2M | $90.4M | $25.2M | $60.1M | $164.8M | $175.2M | $123.8M | $104.3M | $86.8M | $93.4M |
| Net income | $99.3M | $70.7M | $18.9M | $46.4M | $131.3M | $138.8M | $99.1M | $82.7M | $62.0M | $64.6M |
| Net margin | 7.9% | 6.3% | 2.0% | 5.8% | 14.8% | 16.4% | 11.3% | 9.9% | 7.4% | 7.9% |
| Diluted EPS | $6.70 | $4.78 | $1.28 | $3.15 | $8.80 | $9.18 | $6.46 | $5.43 | $4.10 | $4.30 |
| EBITDA | $138.2M | $105.0M | $36.2M | $74.4M | $182.2M | $196.7M | $141.1M | $121.9M | $104.2M | $108.2M |
| Operating cash flow | $194.5M | $128.7M | $52.1M | $44.3M | $141.4M | $109.5M | $112.5M | $127.7M | $82.0M | $98.8M |
| Free cash flow | $192.0M | $124.3M | $50.3M | $42.2M | $133.2M | $99.5M | $102.9M | $116.5M | $76.1M | $93.9M |
| Diluted shares | 14.7M | 14.7M | 14.7M | 14.7M | 14.9M | 15.1M | 15.3M | 15.2M | 15.1M | 15.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $73.9M | $59.0M | $38.2M | $25.3M | $63.6M | $53.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $33.6M | $33.6M | $30.4M |
| Total debt | $50.0M | $30.0M | $30.0M | $35.0M | $30.0M | $30.0M |
| Total assets | $2.47B | $2.27B | $2.09B | $1.97B | $2.12B | $2.05B |
| Total liabilities | $1.58B | $1.43B | $1.27B | $1.14B | $1.16B | $1.14B |
| Shareholders' equity | $892.3M | $844.2M | $824.0M | $835.3M | $954.3M | $915.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology