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Safety Insurance Group Net Income

: $104.0 Mil (TTM As of Mar. 2019)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Safety Insurance Group's net income for the three months ended in Mar. 2019 was $29.9 Mil. Its net income for the trailing twelve months (TTM) ended in Mar. 2019 was $104.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Safety Insurance Group's Earnings per Share (Diluted) for the three months ended in Mar. 2019 was $1.96.


Safety Insurance Group Net Income Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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Safety Insurance Group Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.35 -13.85 64.59 62.39 83.20

Safety Insurance Group Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.13 26.82 28.91 18.35 29.95

Safety Insurance Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Safety Insurance Group's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=104.251+-21.056+0+-1.42108547152E-14
=83.2

Safety Insurance Group's Net Income for the quarter that ended in Mar. 2019 is calculated as

Net Income(Q: Mar. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=36.096+-6.15+0+3.5527136788E-15
=29.9

Net Income for the trailing twelve months (TTM) ended in Mar. 2019 was 26.816 (Jun. 2018 ) + 28.908 (Sep. 2018 ) + 18.346 (Dec. 2018 ) + 29.946 (Mar. 2019 ) = $104.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Safety Insurance Group  (NAS:SAFT) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Safety Insurance Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2019 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Safety Insurance Group Net Income Explanation


Safety Insurance Group Net Income Headlines

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