Safety Insurance Group, Inc. (SAFT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.5B	1.3B	1.1B	925.9M	785.1M
Cost of Revenue	855.3M	797.2M	716.6M	642.3M	492.0M
Gross Profit	619.0M	456.9M	393.1M	283.6M	293.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	531.5M	330.2M	303.2M	259.2M	233.5M
Total Operating Expenses	531.5M	330.2M	303.2M	259.2M	233.5M
Cost and Expenses	1.4B	1.1B	1.0B	901.5M	725.5M
Operating Income (EBIT)	87.5M	126.7M	89.9M	24.4M	59.6M
Non-Operating
Interest Income	67.9M	88.3M	78.2M	73.5M	62.2M
Interest Expense	2.4M	1.5M	509.0K	818.0K	524.0K
Net Interest Income	65.4M	86.8M	77.7M	72.7M	61.6M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	(2.4M)	(1.5M)	(509.0K)	(818.0K)	(524.0K)
EBT (Pre-Tax Income)	87.5M	126.7M	89.9M	24.4M	59.6M
Income Tax Expense	18.9M	27.4M	19.1M	5.5M	13.0M
Bottom Line
Net Income	68.6M	99.3M	70.7M	18.9M	46.6M
Earnings from Cont. Ops	68.6M	99.3M	70.7M	18.9M	46.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	68.5M	99.3M	70.4M	18.8M	46.4M
Per Share
Basic EPS	$4.68	$6.72	$4.79	$1.28	$3.17
Diluted EPS	$4.64	$6.70	$4.78	$1.28	$3.15
Revenue Per Share	$101.53	$85.24	$75.53	$63.15	$53.74
Shares
Basic Shares Outstanding	14.5M	14.7M	14.7M	14.7M	14.6M
Diluted Shares Outstanding	14.6M	14.7M	14.7M	14.7M	14.7M
Profitability Metrics
EBITDA	98.7M	135.0M	99.8M	32.2M	66.7M
D&A	8.8M	6.8M	9.5M	6.9M	6.6M
EBIT	89.9M	128.2M	90.4M	25.2M	60.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026