SAFT Q4 2024 Earnings — Safety Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

SAFTSafety Insurance Group, Inc.

$1B

Q4 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$285M+10.4% YoY

Gross Profit

$92M32.2% margin

Operating Income

$10M3.6% margin

Net Income

$8M2.9% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$50M

Stock-Based Comp.

$973,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.4B

Stockholders' Equity

$828M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$285M	$258M	+10.4%
Gross Profit	$92M	$86M	+6.8%
Operating Income	$10M	$16M	-35.9%
Net Income	$8M	$12M	-33.7%