Safety Insurance Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.12B | $931.0M | $797.6M | $884.9M | $846.2M | $877.8M | $836.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $126.7M | $89.9M | $25.2M | $60.1M | $164.8M | $175.2M | $123.8M | $104.3M |
| Operating Margin | 10.0% | 8.0% | 2.7% | 7.5% | 18.6% | 20.7% | 14.1% | 12.5% |
| Interest Expense | — | — | $818.0K | $524.0K | $522.0K | $440.0K | $90.0K | $90.0K |
| Pretax Income | $126.7M | $89.9M | $24.4M | $59.6M | $164.3M | $174.8M | $123.7M | $104.3M |
| Income Tax Expense | $27.4M | $19.1M | $5.5M | $13.0M | $33.6M | $36.6M | $24.1M | $21.1M |
| Net Income | $99.3M | $70.7M | $18.9M | $46.6M | $130.7M | $138.2M | $99.6M | $83.2M |
| Net Margin | 7.9% | 6.3% | 2.0% | 5.8% | 14.8% | 16.3% | 11.3% | 9.9% |
| EPS (Basic) | $6.72 | $4.79 | $1.28 | $3.17 | $8.85 | $9.25 | $6.52 | $5.48 |
| EPS (Diluted) | $6.70 | $4.78 | $1.28 | $3.15 | $8.80 | $9.18 | $6.46 | $5.43 |
| Shares Outstanding (Basic) | 14.7M | 14.7M | 14.7M | 14.6M | 14.8M | 15.0M | 15.2M | 15.1M |
| Shares Outstanding (Diluted) | 14.7M | 14.7M | 14.7M | 14.7M | 14.9M | 15.1M | 15.3M | 15.2M |
| Dividends Per Share | $3.64 | $3.60 | $3.60 | $3.60 | $3.60 | $3.60 | $3.40 | $3.20 |