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Equiscale · Syntellia LLC
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide 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, and insure individual vehicles, as well as 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; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. 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.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.3B | - | $99M | $192M | 11.1% | 13.0% | 40.3% |
| 2024 | $1.1B | - | $71M | $124M | 8.5% | 19.8% | 274.7% |
| 2023 | $926M | - | $19M | $50M | 2.3% | 17.9% | -59.5% |
| 2022 | $785M | - | $47M | $42M | 5.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 785.06 | 925.95 | 1,109.74 | 1,254.07 |
| Operating Revenue | - | 785.06 | 925.95 | 1,109.74 | 1,254.07 |
| Total Expenses | - | 725.48 | 901.53 | 1,019.87 | 1,127.39 |
| EBIT | - | 60.10 | 25.24 | 90.38 | 128.21 |
| Interest Income | - | 62.15 | 73.52 | 78.22 | 88.30 |
| Interest Expense | - | 0.52 | 0.82 | 0.51 | 1.53 |
| Net Interest Income | - | -0.52 | -0.82 | -0.51 | -1.53 |
| Interest Expense Non Operating | - | 0.52 | 0.82 | 0.51 | 1.53 |
| Net Non Operating Interest Income Expense | - | -0.52 | -0.82 | -0.51 | -1.53 |
| Pretax Income | - | 59.58 | 24.42 | 89.87 | 126.68 |
| Tax Provision | - | 13.02 | 5.54 | 19.13 | 27.43 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Net Income From Continuing And Discontinued Operation | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Net Income From Continuing Operation Net Minority Interest | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Net Income | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Net Income Common Stockholders | - | 46.36 | 18.79 | 70.42 | 98.80 |
| Net Income Including Noncontrolling Interests | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Normalized Income | - | 46.56 | 18.88 | 70.73 | 99.26 |
| Diluted NI Availto Com Stockholders | - | 46.36 | 18.79 | 70.42 | 98.80 |
| Basic Average Shares | - | 14.61 | 14.66 | 14.69 | 14.71 |
| Diluted Average Shares | - | 14.71 | 14.71 | 14.72 | 14.75 |
| Reconciled Depreciation | - | 6.61 | 6.95 | 9.46 | 6.78 |
| Other Operating Expenses | - | 0.32 | 7.37 | 7.67 | 6.74 |
| Otherunder Preferred Stock Dividend | - | 0.20 | 0.08 | 0.32 | 0.46 |
| Loss Adjustment Expense | - | 491.98 | 642.30 | 716.64 | 797.18 |
| Net Policyholder Benefits And Claims | - | 491.98 | 642.30 | 716.64 | 797.18 |
| Policyholder Benefits Gross | - | 534.16 | 715.47 | 797.96 | 877.98 |
| Policyholder Benefits Ceded | - | 42.18 | 73.17 | 81.32 | 80.80 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Safety Insurance Group, Inc.this co. | SAFT | $1.0B | 10.16↓ discount | 1.12 | 11.1% | - |
| HBT Financial, Inc. | HBT | $1.0B | 13.54 | 1.69 | 12.5% | - |
| Northeast Bank | NBN | $1.0B | 12.39 | 2.09 | 16.9% | - |
| OceanFirst Financial Corp. | OCFC | $1.0B | 14.45 | 0.62 | 4.3% | - |
| Virtus Investment Partners, Inc. | VRTS |
| - |
| - |
| - |
| - |
| - |
| - |
| $995M |
| 7.19 |
| 1.06 |
| 14.8% |
| 8.13 |
| Universal Insurance Holdings, Inc. | UVE | $990M | 5.41 | 1.80 | 33.2% | - |
| Southside Bancshares, Inc. | SBSI | $980M | 14.15 | 1.16 | 8.2% | - |
| Burford Capital Limited | BUR | $975M | 15.58 | 0.40 | 2.6% | - |
| Capitol Federal Financial, Inc. | CFFN | $973M | 14.30 | 0.93 | 6.5% | - |
| Peer Median | - | 13.84 | 1.11 | 10.3% | 8.13 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Nov has averaged the highest return (+5.3%); Sep the lowest (-5.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0%Neutral MonthJan 2026: +1.01% | -1.4%Neutral MonthFeb 2026: -1.36% | -6.4%Negative MonthMar 2026: -6.43% | +3.5%Positive MonthApr 2026: +3.47% | -6.6%Negative MonthMay 2026: -6.64% | +6.7%Positive MonthJun 2026: +6.68% | +38.1%Positive MonthJul 2026: +38.11% | +0.2%*Neutral MonthAug 2026: +0.16% | — | — | — | — |
| 2025 | -4.1%Negative MonthJan 2025: -4.11% | -3.6%Negative MonthFeb 2025: -3.63% | +3.6%Positive MonthMar 2025: +3.60% | -3.0%Negative MonthApr 2025: -3.02% | +7.4%Positive MonthMay 2025: +7.37% | -3.3%Negative MonthJun 2025: -3.35% | -11.4%Negative MonthJul 2025: -11.39% | +5.2%Positive MonthAug 2025: +5.20% | -4.5%Negative MonthSep 2025: -4.49% | -2.8%Negative MonthOct 2025: -2.77% | +10.6%Positive MonthNov 2025: +10.61% | +2.5%Positive MonthDec 2025: +2.49% |
| 2024 | +9.6%Positive MonthJan 2024: +9.63% | -1.4%Neutral MonthFeb 2024: -1.38% | +0.0%Neutral MonthMar 2024: +0.04% | -3.2%Negative MonthApr 2024: -3.19% | -2.8%Negative MonthMay 2024: -2.79% | -3.0%Negative MonthJun 2024: -3.00% | +14.0%Positive MonthJul 2024: +14.02% | +3.5%Positive MonthAug 2024: +3.51% | -7.6%Negative MonthSep 2024: -7.65% | -4.3%Negative MonthOct 2024: -4.29% | +9.7%Positive MonthNov 2024: +9.67% | -4.0%Negative MonthDec 2024: -4.01% |
| 2023 | +0.2%Neutral MonthJan 2023: +0.15% | -4.4%Negative MonthFeb 2023: -4.38% | -7.6%Negative MonthMar 2023: -7.65% | -1.9%Neutral MonthApr 2023: -1.92% | -0.4%Neutral MonthMay 2023: -0.37% | -1.5%Neutral MonthJun 2023: -1.51% | +0.4%Neutral MonthJul 2023: +0.39% | -4.3%Negative MonthAug 2023: -4.35% | -1.0%Neutral MonthSep 2023: -0.99% | +10.2%Positive MonthOct 2023: +10.24% | +2.3%Positive MonthNov 2023: +2.34% | -1.2%Neutral MonthDec 2023: -1.22% |
| 2022 | -3.2%Negative MonthJan 2022: -3.18% | +1.3%Neutral MonthFeb 2022: +1.35% | +8.9%Positive MonthMar 2022: +8.88% | -5.3%Negative MonthApr 2022: -5.29% | +7.9%Positive MonthMay 2022: +7.93% | +4.6%Positive MonthJun 2022: +4.57% | -10.9%Negative MonthJul 2022: -10.87% | +4.0%Positive MonthAug 2022: +4.04% | -9.4%Negative MonthSep 2022: -9.43% | +6.6%Positive MonthOct 2022: +6.61% | +5.5%Positive MonthNov 2022: +5.51% | -8.2%Negative MonthDec 2022: -8.15% |
| 2021 | — | — | — | — | +3.8%Positive MonthMay 2021: +3.75% | -8.0%Negative MonthJun 2021: -8.02% | -2.1%Negative MonthJul 2021: -2.12% | +6.1%Positive MonthAug 2021: +6.12% | -2.5%Negative MonthSep 2021: -2.53% | -1.1%Neutral MonthOct 2021: -1.06% | -1.5%Neutral MonthNov 2021: -1.45% | +10.0%Positive MonthDec 2021: +10.04% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
