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Safety Insurance GroupSAFT +41.38%65 Debt-to-Equity is 0.07 as of Mar. 2026, which is 17% above its 10-year median of 0.06. GuruFocus rates SAFT with a GF Score™ of 65/100 and a GF Value™ of $102.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 406 Insurance companies, Safety Insurance Group ranks better than 72.17% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Safety Insurance Group's Debt-to-Equity or its related term are showing as below:
SAFT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.08
Current: 0.07
During the past 13 years, the highest Debt-to-Equity Ratio of Safety Insurance Group was 0.08. The lowest was 0.04. And the median was 0.06.
SAFT's Debt-to-Equity is ranked better than 72.17% of 406
companies
in the Insurance industry
Industry Median: 0.2
vs SAFT: 0.07
Safety Insurance Group (NAS:SAFT) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Safety Insurance Group Debt-to-Equity Related Terms
Safety Insurance Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Safety Insurance Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SAFT vs TRUP, ASIC, UVE: Debt-to-Equity Comparison
For the Insurance - Property & Casualty subindustry, Safety Insurance Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Safety Insurance Group Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Safety Insurance Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Safety Insurance Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Safety Insurance Group (SAFT) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Safety Insurance Group and its competitors. This is 17% above median its historical median of 0.06. Over the past decade, Safety Insurance Group's Debt-to-Equity has ranged from 0.04 to 0.08. According to the industry distribution chart, Safety Insurance Group ranks #113 out of 406 companies in the Insurance industry, placing it in the top 27.8%.
Is Safety Insurance Group's Debt-to-Equity too high?
Safety Insurance Group's current Debt-to-Equity of 0.07 is 17% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.08. The Insurance industry median Debt-to-Equity is 0.20. Safety Insurance Group's value of 0.07 is 65% below this industry median. Based on the distribution chart, Safety Insurance Group ranks #113 out of 406 companies in the Insurance industry, which is above the industry midpoint. Overall, Safety Insurance Group has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Safety Insurance Group's Debt-to-Equity compare to TRUP and ASIC?
According to the Insurance industry distribution chart, Safety Insurance Group ranks #113 out of 406 companies for Debt-to-Equity. This puts Safety Insurance Group in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Safety Insurance Group's value of 0.07 is 65% below this benchmark. Historically, Safety Insurance Group's own Debt-to-Equity has ranged from 0.04 to 0.08 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.20, Safety Insurance Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.20, based on 406 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safety Insurance Group's current Debt-to-Equity of 0.07 is 65% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Safety Insurance Group and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safety Insurance Group's current Debt-to-Equity is 0.07, which is 17% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safety Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Safety Insurance Group (SAFT) is currently considered Fairly Valued. The stock's GF Value™ is $102.55, compared to a current price of $103.19 — trading 0.6% above its estimated fair value. The current Debt-to-Equity is 0.07, which is 17% above median its 10-year median of 0.06 and 65% below the Insurance industry median of 0.20. Safety Insurance Group's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Safety Insurance Group (SAFT), the current Debt-to-Equity is 0.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Safety Insurance Group (SAFT) Overvalued in 2026?
Based on GuruFocus' analysis, Safety Insurance Group stock appears to be overvalued.
The current stock price of $103.19 is trading 0.6% above its estimated GF Value™ of $102.55.
GuruFocus considers Safety Insurance Group to be Fairly Valued.
Key valuation signals for SAFT:
Debt-to-Equity: 0.07 (17% above median its 10-year median of 0.06)
GF Value™: $102.55 vs. price of $103.19 (0.6% above fair value)
Industry Position: 65% below the Insurance median (#113 of 406)
No single metric tells the full story. See the SAFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safety Insurance Group Inc is a provider of private passenger automobile, commercial automobile, and homeowners insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. The company operates in the business segment of Property and casualty insurance operations.
65GF Score
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