SAFT Q3 2022 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q3 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$192M-11.4% YoY

Gross Profit

$68M35.3% margin

Operating Income

$8M4.1% margin

Net Income

$6M3.2% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$784M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$216M	-11.4%
Gross Profit	$68M	$97M	-30.4%
Operating Income	$8M	$39M	-80.3%
Net Income	$6M	$25M	-75.1%