SAFT Q2 2021 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q2 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$233M+10.1% YoY

Gross Profit

$122M52.6% margin

Operating Income

$60M25.8% margin

Net Income

$38M16.2% margin

EPS (Diluted)

$2.49

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$48M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.2B

Stockholders' Equity

$920M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$211M	+10.1%
Gross Profit	$122M	$120M	+1.9%
Operating Income	$60M	$53M	+12.9%
Net Income	$38M	$42M	-11.4%