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| Date | Value |
|---|---|
| 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 |