Growth Metrics

Safety Insurance (SAFT) Tax Rate (2016 - 2025)

Safety Insurance (SAFT) has disclosed Tax Rate for 14 consecutive years, with 19.65% as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Tax Rate rose 782.0% year-over-year to 19.65%, compared with a TTM value of 12.68% through Dec 2024, down 325.0%, and an annual FY2025 reading of 23.18%, up 189.0% over the prior year.
  • Tax Rate was 19.65% for Q4 2024 at Safety Insurance, down from 21.32% in the prior quarter.
  • Across five years, Tax Rate topped out at 101.91% in Q2 2021 and bottomed at 7.4% in Q4 2021.
  • Average Tax Rate over 5 years is 25.28%, with a median of 20.35% recorded in 2022.
  • Peak annual rise in Tax Rate hit 1516bps in 2022, while the deepest fall reached -8182bps in 2022.
  • Year by year, Tax Rate stood at 29.71% in 2020, then plummeted by -75bps to 7.4% in 2021, then soared by 205bps to 22.56% in 2022, then plummeted by -48bps to 11.83% in 2023, then surged by 66bps to 19.65% in 2024.
  • Business Quant data shows Tax Rate for SAFT at 19.65% in Q4 2024, 21.32% in Q3 2024, and 11.83% in Q4 2023.