Safety Net Income from 2010 to 2024

SAFT Stock  USD 85.54  0.30  0.35%   
Safety Insurance Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income will likely drop to about 17.9 M in 2024. From the period from 2010 to 2024, Safety Insurance Net Income quarterly data regression had mean square error of 1876.1 T and mean deviation of  32,587,820. View All Fundamentals
 
Net Income  
First Reported
2000-12-31
Previous Quarter
16.6 M
Current Value
25.9 M
Quarterly Volatility
15 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Safety Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 588.6 K or Total Revenue of 729.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0294 or PTB Ratio of 0.9. Safety financial statements analysis is a perfect complement when working with Safety Insurance Valuation or Volatility modules.
  
Check out the analysis of Safety Insurance Correlation against competitors.

Latest Safety Insurance's Net Income Growth Pattern

Below is the plot of the Net Income of Safety Insurance Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Safety Insurance financial statement analysis. It represents the amount of money remaining after all of Safety Insurance Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Safety Insurance's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safety Insurance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 18.88 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Safety Net Income Regression Statistics

Arithmetic Mean57,006,150
Coefficient Of Variation76.23
Mean Deviation32,587,820
Median59,354,000
Standard Deviation43,456,908
Sample Variance1888.5T
Range152.1M
R-Value0.28
Mean Square Error1876.1T
R-Squared0.08
Significance0.31
Slope2,705,903
Total Sum of Squares26439T

Safety Net Income History

202417.9 M
202318.9 M
202246.6 M
2021130.7 M
2020138.2 M
201999.6 M
201883.2 M

Other Fundumenentals of Safety Insurance

Safety Insurance Net Income component correlations

About Safety Insurance Financial Statements

Safety Insurance shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Safety Insurance investors may analyze each financial statement separately, they are all interrelated. The changes in Safety Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses on on Safety Insurance's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income18.9 M17.9 M
Net Income Applicable To Common Shares53.3 M69 M
Net Income From Continuing Ops31.2 M29.7 M
Net Income Per Share 1.29  1.22 
Net Income Per E B T 0.77  0.81 

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Additional Tools for Safety Stock Analysis

When running Safety Insurance's price analysis, check to measure Safety Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.