SAFT Q2 2020 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q2 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$211M-10.6% YoY

Gross Profit

$120M56.9% margin

Operating Income

$53M25.2% margin

Net Income

$42M20.1% margin

EPS (Diluted)

$2.78

QoQ Revenue Growth

+21.9%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$51M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.2B

Stockholders' Equity

$817M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$211M	$236M	-10.6%
Gross Profit	$120M	$114M	+5.7%
Operating Income	$53M	$54M	-0.7%
Net Income	$42M	$26M	+63.9%