Saturday 17 October 2026
Export SAFT’s income statement to Excel — free account
Safety Insurance Group, Inc.
SAFT Financial Insurance Property & Casualty
Safety Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 12.8% from fiscal 2024. In the quarter to June 2026, revenue grew 2.95%, EPS grew 21.0%, free cash flow grew 16.9% and total debt rose 66.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.
104.03
0.03
+0.03%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
17.13 | 19.05 | 14.93 | 14.17 | 8.44 | 9.73 | 27.29 | 60.58 | 17.24 | 11.61 |
Piotroski F-Score |
7 | 5 | 7 | 6 | 6 | 7 | 3 | 6 | 8 | 6 |
P/S ratio |
1.34 | 1.40 | 1.47 | 1.60 | 1.38 | 1.42 | 1.58 | 1.21 | 1.08 | 0.91 |
P/FCF ratio |
11.70 | 14.08 | 10.00 | 13.40 | 11.09 | 9.15 | 27.98 | 22.42 | 9.74 | 5.97 |
P/Operating CF |
47.74 | 36.88 | 33.08 | 32.86 | 35.05 | 40.93 | 60.29 | 32.19 | 24.01 | 15.58 |
P/B ratio |
1.64 | 1.68 | 1.72 | 1.74 | 1.32 | 1.36 | 1.56 | 1.40 | 1.46 | 1.28 |
Price to Tangible BV |
1.64 | 1.68 | 1.72 | 1.74 | 1.32 | 1.36 | 1.61 | 1.45 | 1.51 | 1.32 |
EV/Sales |
1.32 | 1.35 | 1.43 | 1.59 | 1.35 | 1.39 | 1.60 | 1.20 | 1.08 | 0.91 |
EV/EBITDA |
10.46 | 11.51 | 10.39 | 10.41 | 6.05 | 6.98 | 18.61 | 35.14 | 12.05 | 8.64 |
EV/Operating CF |
10.91 | 13.85 | 9.37 | 12.42 | 10.46 | 8.68 | 28.73 | 21.49 | 9.42 | 5.92 |
EV/FCF |
11.48 | 13.58 | 9.70 | 13.30 | 10.87 | 8.91 | 28.19 | 22.25 | 9.75 | 6.00 |
Quick Ratio |
0.34 | 0.35 | 0.35 | 0.36 | 0.35 | 0.35 | 0.33 | 0.37 | 0.40 | 0.39 |
Current Ratio |
0.34 | 0.35 | 0.35 | 0.36 | 0.35 | 0.35 | 0.33 | 0.37 | 0.40 | 0.39 |
Net Debt/EBITDA |
(0.19) | (0.42) | (0.33) | (0.11) | (0.13) | (0.19) | 0.14 | (0.26) | (0.29) | (0.18) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 1.43% | 1.46% | 1.42% | 1.77% | 1.43% | 1.32% | 2.02% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.06 |
Asset Turnover |
0.47 | 0.47 | 0.46 | 0.45 | 0.42 | 0.42 | 0.39 | 0.46 | 0.51 | 0.53 |
Operating CF/Net income |
1.54 | 1.32 | 1.54 | 1.14 | 0.79 | 1.08 | 0.96 | 2.76 | 1.82 | 1.96 |
Capex/Depreciation |
(0.50) | 0.14 | (0.41) | (0.72) | (0.29) | (0.32) | 0.10 | (0.27) | (0.43) | (0.48) |
Interest Coverage |
1,037.47 | 964.33 | 1,159.34 | 1,375.23 | 398.20 | 315.69 | 114.70 | 30.85 | 177.55 | 83.80 |
| 9.75% | 9.10% | 11.65% | 12.98% | 16.33% | 14.43% | 5.33% | 2.34% | 8.66% | 11.54% | |
| 3.71% | 3.50% | 4.51% | 5.11% | 6.78% | 6.27% | 2.27% | 0.93% | 3.24% | 4.19% | |
ROIC |
8.97% | 8.23% | 9.58% | 9.75% | 12.72% | 11.53% | 4.57% | 1.98% | 7.07% | 9.23% |
Return on Tangible Assets |
(9.07%) | (8.83%) | (11.41%) | (13.43%) | (19.53%) | (18.45%) | (6.47%) | (2.48%) | (8.22%) | (10.83%) |
Average Days of Receivables |
149.86 | 144.84 | 151.48 | 151.79 | 139.27 | 129.69 | 150.22 | 162.92 | 164.78 | 151.06 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.52% | 0.62% | 0.79% | 0.69% | 0.88% | 0.71% | 0.75% | 0.47% | 0.40% | 0.38% |
Graham Net Nets |
(0.67) | (0.62) | (0.61) | (0.57) | (0.68) | (0.64) | (0.64) | (0.74) | (0.72) | (0.86) |
Graham Number |
65.82 | 65.80 | 76.65 | 88.39 | 110.66 | 110.88 | 62.97 | 39.59 | 77.88 | 95.69 |
Earnings Yield |
5.84% | 5.25% | 6.70% | 7.06% | 11.85% | 10.28% | 3.66% | 1.65% | 5.80% | 8.61% |
Free Cash Flow Yield |
8.55% | 7.10% | 10.00% | 7.46% | 9.01% | 10.93% | 3.57% | 4.46% | 10.27% | 16.75% |
Revenue per Share |
54.85 | 55.90 | 55.47 | 57.74 | 56.41 | 59.67 | 54.60 | 63.49 | 76.23 | 85.90 |
Operating CF per Share |
6.61 | 5.47 | 8.47 | 7.40 | 7.30 | 9.54 | 3.03 | 3.55 | 8.76 | 13.22 |
Capex per Share |
(0.33) | 0.11 | (0.29) | (0.49) | (0.27) | (0.24) | 0.06 | (0.12) | (0.30) | (0.17) |
Free Cash Flow per Share |
6.28 | 5.57 | 8.18 | 6.91 | 7.02 | 9.29 | 3.09 | 3.43 | 8.46 | 13.05 |
Cash per Share |
1.34 | 2.78 | 2.49 | 2.92 | 3.58 | 4.29 | 1.73 | 2.60 | 4.01 | 5.02 |
Shareholders Equity per Share |
44.88 | 46.70 | 47.66 | 53.18 | 58.97 | 62.52 | 55.59 | 54.85 | 56.39 | 60.65 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
44.88 | 46.70 | 47.66 | 53.18 | 58.97 | 62.52 | 55.59 | 54.85 | 56.39 | 60.65 |
Free Cash Flow |
93.91 | 83.67 | 123.32 | 104.99 | 105.35 | 137.78 | 45.17 | 50.33 | 124.32 | 191.99 |
Working Capital |
(707.57) | (706.32) | (724.62) | (737.65) | (707.69) | (708.39) | (716.10) | (759.59) | (860.29) | (916.13) |
Capital Expenditures |
(4.91) | 1.63 | (4.37) | (7.47) | (4.11) | (3.62) | 0.84 | (1.78) | (4.37) | (2.51) |
Net Current Asset Value |
(730.86) | (731.58) | (752.85) | (804.83) | (792.94) | (812.20) | (807.02) | (836.05) | (877.03) | (981.89) |
EV/EBIT |
11.55 | 13.10 | 11.46 | 11.28 | 6.53 | 7.45 | 21.19 | 44.38 | 13.41 | 8.99 |
Capex to Sales |
0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
11.77 | 13.58 | 11.82 | 11.36 | 6.67 | 7.65 | 21.02 | 44.70 | 13.40 | 8.94 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
13.60% | 11.27% | 16.31% | 11.91% | 10.88% | 13.50% | 5.18% | 5.77% | 13.55% | 18.89% |
Accounts Receivable Turnover |
2.47 | 2.51 | 2.46 | 2.46 | 2.46 | 2.78 | 2.48 | 2.50 | 2.43 | 2.46 |
Accounts Payable Turnover |
0.69 | 0.70 | 0.67 | 0.67 | 0.60 | 0.66 | 0.68 | 0.79 | 0.78 | 0.78 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
534.71 | 524.46 | 553.05 | 555.30 | 589.81 | 550.66 | 529.66 | 492.66 | 498.19 | 489.77 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
331.69 | 334.79 | 340.07 | 356.10 | 343.96 | 318.65 | 321.33 | 371.89 | 460.58 | 514.31 |
Average Payables |
1,047.02 | 1,072.61 | 1,095.19 | 1,128.23 | 1,115.72 | 1,085.38 | 1,078.03 | 1,141.46 | 1,304.08 | 1,453.96 |
Average Assets |
1,731.06 | 1,782.76 | 1,831.76 | 1,939.45 | 2,038.47 | 2,085.83 | 2,044.98 | 2,033.29 | 2,182.05 | 2,370.60 |
Average Common Equity |
657.61 | 685.87 | 709.83 | 763.52 | 846.54 | 905.93 | 869.59 | 808.13 | 816.37 | 860.39 |
Columns are period end dates