Safety Insurance (SAFT) Tax Rate (2010 - 2026)
Safety Insurance (SAFT) posted Tax Rate of 19.8% for Q1 2026, down 30.43% quarter-over-quarter from 28.47% in Q4 2025, and down 263.0% year-on-year from 12.15% in Q1 2025.
Safety Insurance (SAFT) Tax Rate (2010 - 2026) Analysis & Trends
Safety Insurance (SAFT) has reported Tax Rate for 17 consecutive years, with 19.8% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.8%, down 263.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.18% (up 262.0% YoY), and the FY2025 annual result was 23.18%, up 189.0% from the prior year.
- Tax Rate was 19.8% for Q1 2026 at Safety Insurance, down from 28.47% in the prior quarter.
- Over five years, Tax Rate peaked at 48.88% in Q4 2022 and troughed at 19.4% in Q1 2023.
- Average Tax Rate over 5 years is 23.16%, with a median of 21.42% recorded in 2025.
- Year-over-year, Tax Rate surged 4148 bps in 2022 and slumped 2657 bps in 2023.
- Over 5 years, Tax Rate stood at 48.88% in 2022, then plunged by 54 bps to 22.31% in 2023, then decreased by 12 bps to 19.65% in 2024, then soared by 45 bps to 28.47% in 2025, then sank by 30 bps to 19.8% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.8% in Q1 2026, 28.47% in Q4 2025, and 21.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 24.30% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 20.98% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 21.58% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 15.95% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 19.25% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 20.91% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -29.23% |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 23.54% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 24.49% |
| 10 | Safety Insurance | 13.80 Mn | -235.83 Mn | 67.18 Mn | 19.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.80% |
| Mar 31, 2026 | 19.80% |
| Dec 31, 2025 | 28.47% |
| Dec 31, 2025 | 28.47% |
| Sep 30, 2025 | 21.82% |
| Sep 30, 2025 | 21.82% |
| Jun 30, 2025 | 21.42% |
| Jun 30, 2025 | 21.42% |
| Mar 31, 2025 | 22.44% |
| Mar 31, 2025 | 22.44% |
| Dec 31, 2024 | 19.65% |
| Dec 31, 2024 | 19.65% |
| Sep 30, 2024 | 21.32% |
| Sep 30, 2024 | 21.32% |
| Jun 30, 2024 | 21.66% |
| Jun 30, 2024 | 21.66% |
| Mar 31, 2024 | 21.59% |
| Mar 31, 2024 | 21.59% |
| Dec 31, 2023 | 22.31% |
| Dec 31, 2023 | 22.31% |