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