Safety Insurance (SAFT) Tax Rate (2010 - 2026)
Safety Insurance's (SAFT) quarterly Tax Rate came in at 19.8% in Q1 2026, down 263.0% YoY from 12.15% in Q1 2025, and down 5.1% on a QoQ basis from 20.87% in Q4 2025.
Safety Insurance (SAFT) Tax Rate (2010 - 2026) Analysis & Trends
Safety Insurance (SAFT) has 17 years of Tax Rate data on file, last reported at 19.8% in Q1 2026.
- Quarterly Tax Rate fell 263.0% year-over-year to 19.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.78% (up 23.0% YoY) and the FY2025 annual result came in at 21.65%, up 36.0% from the prior year.
- Tax Rate fell to 19.8% in Q1 2026, from 20.87% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 22.56% in Q4 2022 to a low of 19.4% in Q1 2023.
- A 5-year average of 21.17% and a median of 21.32% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 8361 bps — and 2023, when it tumbled 310 bps.
- Tracing SAFT's Tax Rate over 5 years: stood at 22.56% in 2022, then retreated by 1 bps to 22.31% in 2023, then declined by 12 bps to 19.65% in 2024, then advanced by 6 bps to 20.87% in 2025, then fell by 5 bps to 19.8% in 2026.
- The last three Tax Rate figures came in at 19.8% (Q1 2026), 20.87% (Q4 2025), and 21.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 21.34% |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 20.20% |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 21.03% |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | -20.41% |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 20.37% |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 23.04% |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 21.92% |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 20.77% |
| 10 | Safety Insurance | 1.51 Bn | 1.24 Bn | 130.56 Mn | 21.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.11% |
| Jun 30, 2026 | 21.11% |
| Jun 30, 2026 | 21.11% |
| Mar 31, 2026 | 19.80% |
| Mar 31, 2026 | 19.80% |
| Mar 31, 2026 | 19.80% |
| Dec 31, 2025 | 20.87% |
| Dec 31, 2025 | 20.87% |
| Dec 31, 2025 | 20.87% |
| Sep 30, 2025 | 21.82% |
| Sep 30, 2025 | 21.82% |
| Sep 30, 2025 | 21.82% |
| Jun 30, 2025 | 21.42% |
| Jun 30, 2025 | 21.42% |
| Jun 30, 2025 | 21.42% |
| Mar 31, 2025 | 22.44% |
| Mar 31, 2025 | 22.44% |
| Mar 31, 2025 | 22.44% |
| Dec 31, 2024 | 19.65% |
| Dec 31, 2024 | 19.65% |