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Safety Insurance Group Inc

Financial Services US SAFT

68.34USD
0.14(0.21%)

Last update at 2026-06-04T20:00:00Z

Day Range

68.2070.00
LowHigh

52 Week Range

63.6887.75
LowHigh

Fundamentals

  • Previous Close 68.19
  • Market Cap1141.23M
  • Volume101974
  • P/E Ratio22.04
  • Dividend Yield4.70%
  • EBITDA73.59M
  • Revenue TTM985.43M
  • Revenue Per Share TTM67.22
  • Gross Profit TTM 60.44M
  • Diluted EPS TTM3.49

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 59.58M 164.27M 174.77M 123.68M 104.25M
Minority interest - - - - -
Net income 46.56M 130.71M 138.21M 99.60M 83.19M
Selling general administrative - - - - 0.00000M
Selling and marketing expenses - - - - -
Gross profit 785.06M 864.72M 840.40M 875.82M 829.58M
Reconciled depreciation 6.61M 6.90M 7.53M 5.49M 5.47M
Ebit 60.27M 164.27M 174.77M 123.68M 104.34M
Ebitda 61.96M 171.17M 182.30M 129.17M 109.81M
Depreciation and amortization 1.69M 6.90M 7.53M 5.49M 5.47M
Non operating income net other - - - - -
Operating income 60.27M 164.27M 174.77M 123.68M 104.34M
Other operating expenses 725.48M 700.45M 665.63M 752.13M 725.33M
Interest expense 0.52M 0.52M 0.44M 0.09M 0.09M
Tax provision 13.02M 33.56M 36.56M 24.08M 21.06M
Interest income 47.69M 42.60M 42.80M 48.19M 45.55M
Net interest income -0.52400M -0.52200M -0.44000M -0.09000M -0.09000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 13.02M 33.56M 36.56M 24.08M 21.06M
Total revenue 785.06M 864.72M 840.40M 875.82M 829.58M
Total operating expenses 245.15M -700.44900M -665.63100M -752.13500M 732.00M
Cost of revenue - - - 753.98M 732.16M
Total other income expense net -0.68800M -0.52200M -0.44000M -0.09000M -0.09000M
Discontinued operations - - - - -
Net income from continuing ops 46.56M 130.71M 138.21M 99.60M 83.19M
Net income applicable to common shares 46.36M 130.71M 138.21M 99.60M 83.19M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1965.08M 1972.57M 2117.39M 2054.27M 2022.67M
Intangible assets 7.55M 7.86M - - 74.29M
Earning assets - - - - -
Other current assets 369.14M 114.59M 116.30M -1378.42700M -1364.51800M
Total liab 1160.81M 1160.57M 1190.22M 1169.59M 1214.26M
Total stockholder equity 804.27M 812.00M 927.17M 884.68M 808.41M
Deferred long term liab - - 15.24M 17.61M 5.72M
Other current liab 414.96M -83.59000M -115.79000M -117.72200M -87.92700M
Common stock 0.18M 0.18M 0.18M 0.18M 0.18M
Capital stock 0.18M 0.18M 0.18M 0.18M 0.18M
Retained earnings 781.19M 815.31M 821.74M 745.03M 661.55M
Other liab - 30.85M 46.70M 24.25M 344.56M
Good will 17.09M 17.09M - - -
Other assets - 282.21M -965.44800M -1050.41800M -1019.30000M
Cash 38.15M 25.30M 63.60M 53.77M 44.41M
Cash and equivalents - - - - -
Total current liabilities 499.73M 25.07M 115.79M 117.72M 87.93M
Current deferred revenue - - - 17.61M 53.93M
Net debt 11.60M 33.04M -6.48800M 7.23M -10.40900M
Short term debt 4.60M 23.34M 30.00M 30.00M 34.00M
Short long term debt 30.00M 35.00M 30.00M 30.00M -
Short long term debt total 49.76M 58.34M 57.12M 61.00M 34.00M
Other stockholder equity 76.09M 77.05M 80.67M 85.94M 118.49M
Property plant equipment - 41.46M 27.11M 31.00M 54.01M
Total current assets 369.14M 1621.00M 1572.50M 1611.34M 1602.29M
Long term investments 1459.36M 1290.31M 1483.22M 1507.59M 1442.95M
Net tangible assets - 787.05M 927.17M 884.68M 808.41M
Short term investments 31.05M 1050.15M 1218.28M 1257.09M 1228.04M
Net receivables 383.19M 299.80M 290.62M 300.48M 329.85M
Long term debt - 35.00M 30.00M 30.00M -
Inventory -900.80600M - - - -
Accounts payable 80.18M 85.32M 85.79M 87.72M 87.93M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -53.19100M -80.53800M 24.58M 53.53M 28.19M
Additional paid in capital - - - - -
Common stock total equity - - 0.18M 0.18M 0.18M
Preferred stock total equity - - - - -
Retained earnings total equity - - 821.74M 745.03M 661.55M
Treasury stock - - - - -83.83500M
Accumulated amortization - - - - -
Non currrent assets other -59.56500M -1290.31000M -1510.33900M -1493.34800M -1439.67500M
Deferred long term asset charges - - - - -
Non current assets total 1595.94M 69.36M 1510.34M 1493.35M 1439.67M
Capital lease obligations 19.76M 23.34M 27.11M 31.00M 34.00M
Long term debt total - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 17.73M -19.98800M -57.76400M -10.79400M -38.75000M
Change to liabilities - 17.21M -11.29000M -41.50700M 10.16M
Total cashflows from investing activities - -19.98800M -65.98900M -35.52400M -52.96400M
Net borrowings - 5.00M 5.00M 30.00M 30.00M
Total cash from financing activities -63.53100M -62.64100M -65.57100M -64.57400M -52.66700M
Change to operating activities - -33.79700M 37.54M -42.09100M 16.27M
Net income 18.79M 46.56M 130.71M 138.21M 99.60M
Change in cash 12.85M -38.30300M 9.83M 9.36M 6.83M
Begin period cash flow 25.30M 63.60M 53.77M 44.41M 37.58M
End period cash flow 38.15M 25.30M 63.60M 53.77M 44.41M
Total cash from operating activities 52.11M 44.33M 141.39M 109.46M 112.46M
Issuance of capital stock - - - - -
Depreciation 8.66M 6.61M 6.90M 7.53M 5.49M
Other cashflows from investing activities - - -32.57200M -14.78400M -4.62000M
Dividends paid 53.29M 53.04M 54.01M 54.58M 52.67M
Change to inventory 124.31M - 17.33M - -
Change to account receivables -83.51500M -19.07000M 19.04M 28.17M -14.90900M
Sale purchase of stock -5.24000M -14.60300M -11.56300M -39.99900M -
Other cashflows from financing activities 24.27M 5.00M -65.98900M 30.00M -52.96400M
Change to netincome - 26.10M -29.42500M 9.73M 6.91M
Capital expenditures 1.78M 2.09M 8.22M 9.95M 9.59M
Change receivables - - 18.29M 41.30M -16.10100M
Cash flows other operating - - -16.06000M -52.34600M 1.48M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - 9.83M 9.36M 6.83M
Change in working capital 33.55M -34.94100M 33.21M -43.15300M 16.11M
Stock based compensation 4.33M 5.98M 6.29M 7.46M 6.03M
Other non cash items -14.86600M 28.49M -41.04000M -5.74300M -19.52300M
Free cash flow 50.33M 42.23M 133.17M 99.51M 102.86M

Peer Comparison

Sector: Financial Services Industry: Insurance - Property & Casualty

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
SAFT
Safety Insurance Group Inc
0.14 0.21% 68.34 22.04 - 1.24 1.44 1.27
CB
Chubb Ltd
1.75 0.56% 314.50 12.85 12.20 2.16 1.74 2.48
PGR
Progressive Corp
1.92 0.99% 195.38 34.22 20.33 1.55 5.46 1.70
ALL
The Allstate Corporation
1.50 0.72% 210.84 5.68 8.60 0.83 1.94 0.96
TKOMF
Tokio Marine Holdings Inc.
- -% 42.01 14.81 10.00 0.0069 1.59 0.0064

Reports Covered

Stock Research & News

Profile

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella, which offers an excess liability product to clients, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Safety Insurance Group Inc

20 Custom House Street, Boston, MA, United States, 02110

Key Executives

Name Title Year Born
Mr. George Michael Murphy CPCU Pres, CEO & Director 1967
Mr. Christopher Thomas Whitford VP, CFO & Sec. 1983
Mr. James David Berry CPCU VP of Underwriting 1960
Mr. John Patrick Drago VP of Marketing 1967
Mr. Glenn Robert Hiltpold VP of Actuarial Services 1971
Mr. George Michael Murphy C.P.C.U. President, CEO & Chairperson of the Board 1967
Mr. Christopher Thomas Whitford CPA VP, CFO & Secretary 1983
Mr. James David Berry C.P.C.U. Vice President of Underwriting 1960
Mr. John Patrick Drago Vice President of Marketing 1967
Mr. Glenn Robert Hiltpold Vice President of Actuarial Services 1972

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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