SAFT Q4 2022 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q4 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$203M-7.5% YoY

Gross Profit

$71M34.9% margin

Operating Income

$11M5.4% margin

Net Income

$25M12.1% margin

EPS (Diluted)

$1.68

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$20M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.2B

Stockholders' Equity

$812M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$203M	$219M	-7.5%
Gross Profit	$71M	$98M	-28.0%
Operating Income	$11M	$40M	-72.9%
Net Income	$25M	$32M	-23.1%