SAFT Q2 2022 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$178M-23.6% YoY

Gross Profit

$65M36.5% margin

Operating Income

$10M5.6% margin

Net Income

$8M4.4% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-7.6%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$819M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$178M	$233M	-23.6%
Gross Profit	$65M	$122M	-47.0%
Operating Income	$10M	$60M	-83.5%
Net Income	$8M	$38M	-79.0%