Safety Insurance (SAFT) Tax Provisions (2010 - 2026)

Safety Insurance (SAFT) posted Tax Provisions of -$3.5 million for Q1 2026, down 148.89% quarter-over-quarter from $7.2 million in Q4 2025, and down 155.84% year-on-year from $6.3 million in Q1 2025.

Safety Insurance (SAFT) Tax Provisions (2010 - 2026) Analysis & Trends

Safety Insurance (SAFT) has reported Tax Provisions for 17 consecutive years, with -$3.5 million the latest figure, recorded in Q1 2026.

  • Tax Provisions for Q1 2026 came in at -$3.5 million, down 155.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.5 million (down 2.25% YoY), and the FY2025 annual result was $29.4 million, up 53.45% from the prior year.
  • Tax Provisions was -$3.5 million for Q1 2026 at Safety Insurance, down from $7.2 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $15.5 million in Q4 2022 and troughed at -$3.5 million in Q1 2026.
  • Average Tax Provisions over 5 years is $4.2 million, with a median of $4.5 million recorded in 2023.
  • Year-over-year, Tax Provisions slumped 230.49% in 2023 and soared 1231.31% in 2024.
  • Over 5 years, Tax Provisions stood at $15.5 million in 2022, then slumped by 77.35% to $3.5 million in 2023, then slumped by 43.55% to $2.0 million in 2024, then jumped by 263.93% to $7.2 million in 2025, then plunged by 148.89% to -$3.5 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$3.5 million in Q1 2026, $7.2 million in Q4 2025, and $7.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -65.58 Mn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 748.00 Mn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 646.00 Mn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 52.00 Mn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 408.00 Mn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 650.00 Mn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -304.50 Mn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 109.00 Mn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 30.42 Mn
10 Safety Insurance 13.80 Mn -235.83 Mn 67.18 Mn -3.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.54 Mn
Dec 31, 2025 7.24 Mn
Sep 30, 2025 7.90 Mn
Jun 30, 2025 7.89 Mn
Mar 31, 2025 6.33 Mn
Dec 31, 2024 1.99 Mn
Sep 30, 2024 7.02 Mn
Jun 30, 2024 4.60 Mn
Mar 31, 2024 5.53 Mn
Dec 31, 2023 3.52 Mn
Sep 30, 2023 527,000.00
Jun 30, 2023 4.47 Mn
Mar 31, 2023 -2.97 Mn
Dec 31, 2022 15.55 Mn
Sep 30, 2022 1.58 Mn
Jun 30, 2022 1.99 Mn
Mar 31, 2022 2.28 Mn
Dec 31, 2021 2.99 Mn
Sep 30, 2021 6.34 Mn
Jun 30, 2021 9.83 Mn