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

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

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

Safety Insurance has reported Tax Provisions for 17 years, with the latest figure at -$3.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 155.84% year-over-year to -$3.5 million; the trailing twelve-month figure through Mar 2026 stood at $19.5 million (down 2.25% YoY), and the FY2025 full-year result was $29.4 million, up 53.45% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$3.5 million, down from $7.2 million in the prior quarter.
  • The five-year high for Tax Provisions was $15.5 million in Q4 2022, with the low at -$3.5 million in Q1 2026.
  • Historically, Tax Provisions has averaged $4.2 million across 5 years, with a median of $4.5 million in 2023.
  • Annual changes were most pronounced in 2023 — Tax Provisions plunged 230.49% — and 2024, when it jumped 1231.31%.
  • Safety Insurance's Tax Provisions stood at $15.5 million in 2022, then tumbled by 77.35% to $3.5 million in 2023, then tumbled by 43.55% to $2.0 million in 2024, then jumped by 263.93% to $7.2 million in 2025, then sank by 148.89% to -$3.5 million in 2026.
  • The last three Tax Provisions figures came in at -$3.5 million (Q1 2026), $7.2 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 646.00 Mn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 748.00 Mn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 408.00 Mn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 650.00 Mn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 100.52 Mn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 52.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -65.58 Mn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 109.00 Mn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 61.50 Mn
10 Safety Insurance 1.02 Bn 769.16 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