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| 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 |