Company / Interest Expense
Safety Insurance Group, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$818.0K
FY2023
5-year range
$522.0K / $818.0K
FY2019-FY2023
Trend
+56.1%
vs FY2022
Sector context
#212 of 214
Financials
What the data says
Among 214 Financials companies, Safety Insurance Group, Inc. is in the top 1% for interest expense. Interest Expense has increased for 4 consecutive years, from $90,000 in FY2019 to $818,000 in FY2023.
Based on SEC 10-K filings.
$818,000 in FY2023 with a 5-year CAGR of +55.5%.
Increased from $522,000 to $818,000 over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +23.0%
- 5-Year CAGR
- +55.5%
- 10-Year CAGR
- -
Sector benchmark
Top 1% in FinancialsTop 1% of 214This company $818.0K Sector average $939.3M
▼
-99.9% below sector average
Key checks
Key Insights
- Safety Insurance Group, Inc.'s interest expense has grown for 4 consecutive years.
- 5-year CAGR of +55.5%, indicating consistent growth.
- In FY2023, interest expense increased 56.1% year-over-year.
- Ranks #212 out of 214 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $818.0K | +56.1% |
| FY2022 | $524.0K | +0.4% |
| FY2021 | $522.0K | +18.6% |
| FY2020 | $440.0K | +388.9% |
| FY2019 | $90.0K | +0.0% |
| FY2018 | $90.0K | +0.0% |
| FY2017 | $90.0K | +0.0% |
| FY2016 | $90.0K | +0.0% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026