Safety Insurance (SAFT) Change in Taxes (2017 - 2021)

Safety Insurance's (SAFT) quarterly Change in Taxes came in at $6.1 million in Q1 2021, up 1015.1% YoY from $543000.0 in Q1 2020, and up 1015.1% on a QoQ basis from $543000.0 in Q1 2020.

Safety Insurance (SAFT) Change in Taxes (2017 - 2021) Analysis & Trends

Safety Insurance (SAFT) has 4 years of Change in Taxes data on file, last reported at $6.1 million in Q1 2021.

  • Quarterly Change in Taxes rose 1015.1% year-over-year to $6.1 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $6.6 million (up 185.21% YoY) and the FY2019 annual result came in at -$6.1 million, down 200.0% from the prior year.
  • Change in Taxes advanced to $6.1 million in Q1 2021, from $543000.0 in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $6.1 million in Q1 2021 to a low of -$8.3 million in Q2 2019.
  • A 4-year average of -$100333.3 and a median of $485000.0 in 2017 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2020 — Change in Taxes sank 75.27% — and 2021, when it jumped 1015.1%.
  • Tracing SAFT's Change in Taxes over 4 years: stood at -$1.5 million in 2017, then sank by 439.1% to -$8.3 million in 2019, then jumped by 106.55% to $543000.0 in 2020, then jumped by 1015.1% to $6.1 million in 2021.
  • The last three Change in Taxes figures came in at $6.1 million (Q1 2021), $543000.0 (Q1 2020), and -$8.3 million (Q2 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn -132.00 Mn
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn -589.00 Mn
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn -
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn -224.00 Mn
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - 5.73 Bn
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn -
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn -
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn -
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 16.10 Mn
10 Safety Insurance 1.51 Bn 1.24 Bn 130.56 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 6.06 Mn
Mar 31, 2021 6.06 Mn
Mar 31, 2020 543,000.00
Mar 31, 2020 543,000.00
Jun 30, 2019 -8.29 Mn
Jun 30, 2019 -8.29 Mn
Mar 31, 2019 2.20 Mn
Mar 31, 2019 2.20 Mn
Jun 30, 2017 -1.54 Mn
Jun 30, 2017 -1.54 Mn
Mar 31, 2017 427,000.00
Mar 31, 2017 427,000.00