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Safety Insurance Group, Inc. SAFT R2K

Financial Services · Insurance - Property & Casualty · United States
https://www.safetyinsurance.com

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.

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$70.17
-10.41% 1Y

Market & Price

Market Cap
$1.03B
Current Price
$70.17
High / Low (52W)
$79.48 / $65.77
Beta
0.24

Valuation

Stock P/E
16.59
Industry PE
12.01
Forward P/E
11.23
PEG Ratio
0.95
Book Value
$58.28
Price to Book
1.20
P/S
0.81
EV/EBITDA
11.67
Dividend Yield
5.24%

Profitability & Returns

ROCE
-
ROE
7.39%
ROA
2.19%
Profit Margin
4.94%
Op Margin
-5.48%
EPS (Latest Qtr)
$-0.99
EPS (TTM)
$4.23

Balance Sheet & Liquidity

Debt/Equity
0.07
Quick Ratio
0.25
Current Ratio
0.37
Debt
$61.10M
Total Assets
$2.47B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
2.12%
Chg in Prom Hold
-
FII / Inst Holding
88.07%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.04B
Total Revenue (TTM)
$1.28B
EBITDA
$88.84M
Free Cash Flow
$167.94M
Operating Cash Flow
$174.29M
Shares Outstanding
14.68M
Gross Margin
7.11%
Payout Ratio
86.52%

Growth (CAGR)

Revenue 5Y
16.90%
Profit 5Y
28.70%
Revenue (YoY)
4.40%
Earnings (YoY)
-

PROS

  • Compounding revenue at 16.9% over 5 years.
  • Profit CAGR of 28.7% over 5 years.
  • Attractive dividend yield of 5.24%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SAFT Safety Insurance Group, Inc. R2K 70.17 16.59 $1.03B 5.24% - 7.39% 16.90% 28.70%
2 JPM JPMorgan Chase & Co. SPX 299.31 14.33 $802.00B 2.00% - 16.47% 12.50% 14.83%
3 V Visa Inc. SPX 326.36 28.48 $620.65B 0.82% 38.38% 60.35% 10.92% 10.28%
4 MA Mastercard Incorporated SPX 493.98 28.57 $436.47B 0.70% 61.47% - 13.82% 14.66%
5 MS Morgan Stanley SPX 208.00 18.84 $328.08B 1.92% - 16.39% 9.52% 15.20%
6 GS The Goldman Sachs Group, Inc. SPX 1,025.56 18.73 $302.55B 1.76% - 14.55% 7.16% 15.11%
7 WFC Wells Fargo & Company SPX 77.54 11.98 $237.29B 2.32% - 12.03% 4.02% 15.98%
8 BLK BlackRock, Inc. SPX 1,046.88 26.32 $162.51B 2.19% 4.89% 11.90% 10.65% 2.36%
9 SCHW The Charles Schwab Corporation SPX 87.35 17.37 $151.91B 1.47% - 19.08% 4.83% 7.21%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 201.27M201.04M199.83M202.95M210.09M206.96M204.77M208.25M212.53M213.56M209.72M207.97M215.91M202.90M222.58M216.00M215.27M223.90M181.04M207.77M222.40M235.03M221.91M222.88M213.71M195.00M183.60M192.35M213.76M229.44M229.36M268.23M269.78M295.28M-299.64M315.93M323.21M315.30M311.11M
Cost of Revenue ----------------------------------------
Gross Profit ----------------------------------------
Operating Expenses ----------------------------------------
Operating Income -----------------------------------28.33M37.27M36.64M25.97M-17.24M
EBITDA ----------------------------------------
Interest Expense -----------------------------------104.00K442.00K426.00K558.00K618.00K
Pretax Income -----------------------------------28.23M36.83M36.21M25.42M-17.86M
Tax Provision -----------------------------------6.33M7.89M7.90M5.30M-3.54M
Net Income --12.67M21.36M18.60M11.95M12.02M21.11M17.95M11.31M9.12M26.82M28.91M18.35M29.95M25.93M15.62M28.10M-1.99M42.49M44.74M52.97M36.17M37.67M24.82M7.84M7.90M6.19M-12.34M17.00M1.95M20.08M16.64M25.89M-21.90M28.94M28.31M20.11M-14.32M
Diluted EPS 0.800.690.841.411.230.790.791.391.180.720.601.751.881.191.951.681.011.82-0.132.782.963.552.422.491.640.530.530.42-0.841.150.131.361.131.73-1.481.951.911.36-0.99

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 591.95M612.72M660.16M703.87M745.28M778.80M797.95M819.82M839.11M836.50M877.75M846.25M884.91M785.06M925.95M1.11B1.25B
Cost of Revenue -----------------
Gross Profit -----------------
Operating Expenses -----------------
Operating Income -------------60.10M25.24M90.38M128.21M
EBITDA -----------------
Interest Expense -------------524.00K818.00K509.00K1.53M
Pretax Income -------------59.58M24.42M89.87M126.68M
Tax Provision -------------13.02M5.54M19.13M27.43M
Net Income 54.15M56.34M13.70M58.07M---13.85M64.58M62.39M83.19M99.60M138.21M130.71M46.56M18.88M70.73M99.25M
Diluted EPS 3.483.740.903.803.983.91-0.934.274.105.436.469.188.803.151.284.786.70

Compounded Sales Growth

5 Years:16.90%
1 Year:4.40%

Compounded Profit Growth

5 Years:28.70%
1 Year:-

Stock Price Performance

1 Year:-10.41%
6 Months:-6.10%
3 Months:-8.53%
1 Month:-6.92%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.44B1.47B1.57B1.63B1.68B1.70B1.76B1.81B1.86B2.02B2.05B-1.97B2.09B2.27B2.47B
Current Assets ------------------
Cash & Equivalents 60.45M74.47M40.29M37.89M35.38M55.88M42.45M47.49M20.05M41.71M37.58M44.41M53.77M-25.30M38.15M58.97M73.90M
Inventory ------------------
Receivables --------------298.92M382.44M463.64M479.06M
Total Liabilities --785.98M816.18M879.99M930.27M967.44M1.06B1.09B1.11B1.14B1.21B1.17B-1.16B1.29B1.44B1.58B
Current Liabilities ------------------
Long Term Debt ------------------
Total Debt --------------58.34M49.76M45.73M61.86M
Total Equity --653.48M656.31M694.36M695.19M708.28M644.50M670.73M701.02M718.64M808.41M884.68M-812.00M804.27M828.46M892.31M
Shares Outstanding --------------17.88M17.95M18.00M18.05M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 64.48M51.20M39.48M104.35M--22.89M98.82M82.04M127.69M112.46M109.46M-44.33M52.11M128.69M194.50M
Investing Cash Flow 16.09M-54.51M-12.41M-74.44M--23.84M-84.25M-14.92M-83.00M-52.96M-35.52M--19.99M24.27M-54.54M-125.71M
Financing Cash Flow -66.55M-30.86M-29.46M-32.41M---41.70M-42.01M-45.46M-48.81M-52.67M-64.57M--62.64M-63.53M-53.33M-53.87M
Capital Expenditure -335.00K-2.39M-4.38M-4.21M-4.92M-1.76M-4.04M-4.91M-5.96M-11.18M-9.59M-9.95M--2.09M-1.78M-4.37M-2.51M
Free Cash Flow 64.14M48.80M35.10M100.14M--18.85M93.91M76.08M116.51M102.86M99.51M-42.23M50.33M124.32M191.99M
Net Change in Cash --------------38.30M12.85M20.82M14.93M
Share Buybacks 42.20M5.81M43.00K04.80M23.47M-----------

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -----------------
Operating Margin % -------------7.7%2.7%8.1%10.2%
Net Margin % 9.1%9.2%2.1%8.3%---1.7%7.9%7.4%9.9%11.3%16.3%14.8%5.9%2.0%6.4%7.9%
ROE % -8.6%2.1%8.4%---2.1%9.6%8.9%11.6%12.3%15.6%-5.7%2.3%8.5%11.1%
ROCE % -----------------

Shareholding Pattern

Insiders
2.12%
Institutions
88.07%
Public Float
89.98%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.23% 2.24M $156.89M
2 Srb Corp 12.22% 1.79M $125.93M
3 Vanguard Portfolio Management LLC 5.76% 845.76K $59.35M
4 State Street Corporation 5.16% 757.98K $53.19M
5 Dimensional Fund Advisors LP 4.85% 711.81K $49.95M
6 Vanguard Capital Management LLC 4.44% 651.54K $45.72M
7 Goldman Sachs Group Inc 2.76% 405.28K $28.44M
8 Geode Capital Management, LLC 2.57% 376.95K $26.45M
9 AQR Capital Management, LLC 2.05% 301.02K $21.12M
10 Adage Capital Partners GP L.L.C. 2.04% 300.00K $21.05M

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