Safety Insurance Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Premiums & Annuity Revenue	1,115	1,011	834.41	758.51	774.33	771.08	Upgrade
Total Interest & Dividend Income	56.47	51.07	50.86	44.42	39.24	39.67	Upgrade
Gain (Loss) on Sale of Investments	13.81	11.68	8.3	-35.18	31.38	10.35	Upgrade
Other Revenue	45.96	46.57	37.39	29.82	39.97	25.15	Upgrade
Total Revenue	1,231	1,120	930.96	797.56	884.91	846.25	Upgrade
Revenue Growth (YoY)	12.77%	20.31%	16.73%	-9.87%	4.57%	-3.59%	Upgrade
Policy Benefits	782.51	716.64	642.3	491.98	461.73	404.56	Upgrade
Policy Acquisition & Underwriting Costs	327.77	305.32	256.58	245.15	258.39	266.48	Upgrade
Other Operating Expenses	8.18	7.68	6.84	0.33	-	-	Upgrade
Total Operating Expenses	1,119	1,030	905.72	737.45	720.12	671.04	Upgrade
Operating Income	112.48	90.38	25.24	60.11	164.79	175.21	Upgrade
Interest Expense	-1.1	-0.51	-0.82	-0.52	-0.52	-0.44	Upgrade
Pretax Income	111.39	89.87	24.42	59.58	164.27	174.77	Upgrade
Income Tax Expense	24.11	19.13	5.55	13.02	33.56	36.56	Upgrade
Net Income	87.27	70.73	18.88	46.56	130.71	138.21	Upgrade
Preferred Dividends & Other Adjustments	0.41	0.32	0.09	0.21	-0.58	-0.64	Upgrade
Net Income to Common	86.87	70.42	18.79	46.36	131.29	138.85	Upgrade
Net Income Growth	16.57%	274.75%	-59.46%	-64.38%	-5.43%	38.77%	Upgrade
Shares Outstanding (Basic)	15	15	15	15	15	15	Upgrade
Shares Outstanding (Diluted)	15	15	15	15	15	15	Upgrade
Shares Change (YoY)	0.35%	0.05%	-0.00%	-1.44%	-1.28%	-1.43%	Upgrade
EPS (Basic)	5.90	4.79	1.28	3.17	8.85	9.25	Upgrade
EPS (Diluted)	5.87	4.78	1.28	3.15	8.80	9.18	Upgrade
EPS Growth	15.78%	273.44%	-59.37%	-64.20%	-4.14%	42.10%	Upgrade
Free Cash Flow	170.81	124.32	50.33	42.23	133.17	99.51	Upgrade
Free Cash Flow Per Share	11.57	8.45	3.42	2.87	8.92	6.58	Upgrade
Dividend Per Share	3.620	3.600	3.600	3.600	3.600	3.600	Upgrade
Dividend Growth	0.56%	-	-	-	-	5.88%	Upgrade
Operating Margin	9.14%	8.07%	2.71%	7.54%	18.62%	20.70%	Upgrade
Profit Margin	7.06%	6.29%	2.02%	5.81%	14.84%	16.41%	Upgrade
Free Cash Flow Margin	13.88%	11.10%	5.41%	5.29%	15.05%	11.76%	Upgrade
EBITDA	120.34	99.84	32.19	66.72	171.69	182.74	Upgrade
EBITDA Margin	9.78%	8.91%	3.46%	8.37%	19.40%	21.59%	Upgrade
D&A For EBITDA	7.86	9.47	6.95	6.61	6.9	7.53	Upgrade
EBIT	112.48	90.38	25.24	60.11	164.79	175.21	Upgrade
EBIT Margin	9.14%	8.07%	2.71%	7.54%	18.62%	20.70%	Upgrade
Effective Tax Rate	21.65%	21.29%	22.71%	21.85%	20.43%	20.92%	Upgrade
Revenue as Reported	1,231	1,120	930.96	797.56	884.91	846.25	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q