SAFT FY 2023 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

FY 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$926M+17.9% YoY

Gross Profit

$284M30.6% margin

Operating Income

$24M2.6% margin

Net Income

$19M2.0% margin

EPS (Diluted)

$1.28

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$50M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.3B

Stockholders' Equity

$804M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$926M	$785M	+17.9%
Gross Profit	$284M	$293M	-3.2%
Operating Income	$24M	$60M	-59.0%
Net Income	$19M	$47M	-59.5%