Safety Insurance (SAFT) Tax Provisions (2010 - 2026)
Safety Insurance's (SAFT) quarterly Tax Provisions came in at -$3.5 million in Q1 2026, down 155.84% YoY from $6.3 million in Q1 2025, and down 166.69% on a QoQ basis from $5.3 million in Q4 2025.
Safety Insurance (SAFT) Tax Provisions (2010 - 2026) Analysis & Trends
Safety Insurance (SAFT) has 17 years of Tax Provisions data on file, last reported at -$3.5 million in Q1 2026.
- Quarterly Tax Provisions fell 155.84% year-over-year to -$3.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $17.6 million (down 11.94% YoY) and the FY2025 annual result came in at $27.4 million, up 43.36% from the prior year.
- Tax Provisions slipped to -$3.5 million in Q1 2026, from $5.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $7.9 million in Q3 2025 to a low of -$3.5 million in Q1 2026.
- A 5-year average of $3.6 million and a median of $4.5 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 230.49% — and 2024, when it jumped 1231.31%.
- Tracing SAFT's Tax Provisions over 5 years: stood at $7.2 million in 2022, then tumbled by 50.92% to $3.5 million in 2023, then tumbled by 43.55% to $2.0 million in 2024, then jumped by 166.8% to $5.3 million in 2025, then sank by 166.69% to -$3.5 million in 2026.
- The last three Tax Provisions figures came in at -$3.5 million (Q1 2026), $5.3 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 | 135.05 Bn | 121.29 Bn | 9.13 Bn | 742.00 Mn |
| 2 | Progressive | 123.98 Bn | 118.98 Bn | 9.04 Bn | 898.00 Mn |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | 559.00 Mn |
| 4 | Allstate | 67.31 Bn | 28.57 Bn | 16.28 Bn | 871.00 Mn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - | -400.30 Mn |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 321.00 Mn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | 141.00 Mn |
| 8 | Markel | 23.20 Bn | 6.31 Bn | 2.83 Bn | 332.87 Mn |
| 9 | Assurant | 14.04 Bn | 12.00 Bn | 2.71 Bn | 78.30 Mn |
| 10 | Safety Insurance | 1.51 Bn | 1.24 Bn | 130.56 Mn | 9.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.24 Mn |
| Mar 31, 2026 | -3.54 Mn |
| Dec 31, 2025 | 5.30 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 | 7.18 Mn |
| Sep 30, 2022 | 1.58 Mn |
| Jun 30, 2022 | 1.99 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Dec 31, 2021 | -24.64 Mn |
| Sep 30, 2021 | 6.34 Mn |