SAFT Q3 2024 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q3 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$291M+28.5% YoY

Gross Profit

$109M37.3% margin

Operating Income

$33M11.3% margin

Net Income

$26M8.9% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$73M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.4B

Stockholders' Equity

$851M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$291M	$227M	+28.5%
Gross Profit	$109M	$67M	+62.1%
Operating Income	$33M	$2M	+1229.0%
Net Income	$26M	$2M	+1228.3%