Safety Insurance Group Operating Expenses Growth & History (SAFT)

Safety Insurance Group's operating expenses was $258.4M for fiscal 2021.

View full Safety Insurance Group company overview

Safety Insurance Group annual operating expenses history

Safety Insurance Group annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20212021-12-31$258.4M−$8.1M−3.04%
20202020-12-31$266.5M$22.3M+9.15%
20192019-12-31$244.1M−$2.5M−1.02%
20182018-12-31$246.6M−$1.8M−0.72%
20172017-12-31$248.4M$15.4M+6.62%
20162016-12-31$233.0M$19.1M+8.92%
20152015-12-31$213.9M−$5.1M−2.32%
20142014-12-31$219.0M$9.3M+4.42%
20132013-12-31$209.8M$9.6M+4.81%
20122012-12-31$200.1M$21.0M+11.71%
20112011-12-31$179.2M

Safety Insurance Group operating expenses trends

Over the last five fiscal years, Safety Insurance Group's operating expenses increased from $233.0M to $258.4M, a change of $25.4M. The latest reported quarter, Q3 2022, shows $60.4M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Safety Insurance Group source filings ↗

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