SAFT Q1 2021 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q1 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$217M+25.5% YoY

Gross Profit

$106M48.7% margin

Operating Income

$45M20.8% margin

Net Income

$36M16.6% margin

EPS (Diluted)

$2.42

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.2B

Stockholders' Equity

$890M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$173M	+25.5%
Gross Profit	$106M	$53M	+101.7%
Operating Income	$45M	-$12M	+484.6%
Net Income	$36M	-$2M	+1917.8%