Safety Insurance (SAFT) Gross Margin (2010 - 2026)
Safety Insurance (SAFT) posted Gross Margin of 21.35% for Q1 2026, down 57.56% quarter-over-quarter from 50.31% in Q4 2025, and down 887.0% year-on-year from 2.71% in Q1 2025.
Safety Insurance (SAFT) Gross Margin (2010 - 2026) Analysis & Trends
Safety Insurance (SAFT) has reported Gross Margin for 17 consecutive years, with 21.35% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 21.35%, down 887.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.3% (up 443.0% YoY), and the FY2025 annual result was 36.92%, up 782.0% from the prior year.
- Gross Margin was 21.35% for Q1 2026 at Safety Insurance, down from 50.31% in the prior quarter.
- Over five years, Gross Margin peaked at 50.31% in Q4 2025 and troughed at 6.33% in Q4 2023.
- Average Gross Margin over 5 years is 31.69%, with a median of 34.17% recorded in 2022.
- Year-over-year, Gross Margin slumped 4948 bps in 2023 and surged 3460 bps in 2024.
- Over 5 years, Gross Margin stood at 43.14% in 2022, then tumbled by 115 bps to 6.33% in 2023, then surged by 546 bps to 28.26% in 2024, then soared by 78 bps to 50.31% in 2025, then sank by 58 bps to 21.35% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 21.35% in Q1 2026, 50.31% in Q4 2025, and 37.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 67.14% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 37.68% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 58.50% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 99.65% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 46.48% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 86.87% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | -153.50% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 39.99% |
| 10 | Safety Insurance | 13.80 Mn | -235.83 Mn | 67.18 Mn | 21.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.35% |
| Dec 31, 2025 | 50.31% |
| Sep 30, 2025 | 37.24% |
| Jun 30, 2025 | 31.15% |
| Mar 31, 2025 | 30.22% |
| Dec 31, 2024 | 28.26% |
| Sep 30, 2024 | 38.20% |
| Jun 30, 2024 | 30.05% |
| Mar 31, 2024 | 37.22% |
| Dec 31, 2023 | -6.33% |
| Sep 30, 2023 | 30.45% |
| Jun 30, 2023 | 37.45% |
| Mar 31, 2023 | 21.80% |
| Dec 31, 2022 | 43.14% |
| Sep 30, 2022 | 35.50% |
| Jun 30, 2022 | 38.61% |
| Mar 31, 2022 | 34.17% |
| Dec 31, 2021 | 37.27% |
| Sep 30, 2021 | 38.72% |
| Jun 30, 2021 | 50.57% |