Selective Insurance Group, Inc. (SIGI) Income Statement
SIGI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSIGI revenue and net income
Where SIGI's revenue goes
2025Each bar shows an amount and its share of revenue. SIGI kept 8.7% of revenue as net income.
SIGI profit margins
SIGI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.8% | +14.5% | +12.8% | +9.6% |
| Gross profit | +578.6% | +85.7% | +43.4% | +22.6% |
| Operating income | +128.5% | +28.1% | +14.2% | +9.7% |
| Net income | +125.3% | +27.5% | +13.6% | +10.9% |
| EPS (diluted) | +127.4% | +17.9% | +12.3% | +10.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SIGI quarterly EPS vs estimates
Selective Insurance beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 22, 2026 (estimate $1.91).
SIGI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.34B | $4.86B | $4.23B | $3.56B | $3.38B | $2.92B | $2.85B | $2.59B | $2.47B | $2.28B |
| Cost of revenue | $3.16B | $4.54B | $3.71B | $3.22B | $2.82B | $2.56B | $2.45B | $2.32B | $2.15B | $2.01B |
| Gross profit | $2.18B | $321.3M | $518.1M | $340.3M | $562.8M | $359.2M | $401.0M | $261.6M | $322.6M | $277.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $36.4M | $44.1M | $39.5M | $40.8M | $28.3M | $25.4M | $30.9M | $25.4M | $36.3M | $35.0M |
| Total operating expenses | $1.59B | $63.3M | $59.7M | $60.1M | $57.5M | $56.3M | $64.6M | $49.9M | $60.6M | $57.8M |
| Operating income | $589.6M | $258.0M | $458.4M | $280.2M | $505.3M | $303.0M | $336.4M | $211.7M | $262.0M | $220.0M |
| Interest income | — | — | — | — | — | — | $33.7M | $24.4M | $24.4M | $22.8M |
| Interest expense | $49.3M | $28.9M | $28.8M | $28.8M | $29.2M | $30.8M | $33.7M | $24.4M | $24.4M | $22.8M |
| Income before taxes | $589.6M | $258.0M | $458.4M | $280.2M | $505.3M | $303.0M | $336.4M | $211.7M | $262.0M | $220.0M |
| Income taxes | $123.2M | $51.0M | $93.2M | $55.3M | $101.5M | $56.6M | $64.8M | $32.8M | $93.1M | $61.5M |
| Net income | $466.4M | $207.0M | $365.2M | $224.9M | $403.8M | $246.4M | $271.6M | $178.9M | $168.8M | $158.5M |
| EBITDA | $671.6M | $321.7M | $517.3M | $351.4M | $589.6M | $393.2M | $425.3M | $281.0M | $338.4M | $304.4M |
| EPS (diluted) | $7.39 | $3.25 | $5.88 | $4.51 | $6.29 | $4.14 | $4.40 | $3.66 | $3.12 | $2.75 |
| Gross margin | 40.9% | 6.6% | 12.2% | 9.6% | 16.7% | 12.3% | 14.1% | 10.1% | 13.1% | 12.2% |
| Operating margin | 11.0% | 5.3% | 10.8% | 7.9% | 15.0% | 10.4% | 11.8% | 8.2% | 10.6% | 9.6% |
| Net margin | 8.7% | 4.3% | 8.6% | 6.3% | 12.0% | 8.4% | 9.5% | 6.9% | 6.8% | 6.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.35B | $1.36B | $1.36B | $1.33B | $1.29B | $1.26B | $1.24B | $1.20B | $1.16B | $1.11B | $1.08B |
| Cost of revenue | $816.3M | $815.5M | $0 | $1.20B | $1.20B | $1.12B | $66.2M | $1.12B | $1.26B | $1.04B | $943.1M | $955.5M |
| Gross profit | $570.8M | $535.8M | $1.36B | $163.4M | $129.8M | $166.6M | $1.26B | $128.4M | −$63.7M | $125.2M | $167.7M | $125.6M |
| Sales, general & admin | $258.5M | $406.0M | $6.3M | — | $7.6M | $18.1M | $24.7M | $4.7M | $9.2M | $15.5M | $3.4M | $5.9M |
| Total operating expenses | $394.7M | $411.6M | $1.21B | $17.7M | $20.9M | $27.7M | $1.14B | $11.9M | $16.4M | $22.7M | $10.7M | $13.1M |
| Operating income | $176.1M | $124.2M | $156.2M | $145.7M | $108.9M | $138.9M | $119.1M | $116.5M | −$80.1M | $102.6M | $157.0M | $112.5M |
| Interest expense | $13.2M | $13.2M | $13.2M | $13.3M | $13.3M | $9.6M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M |
| Income before taxes | $162.8M | $124.2M | $196.1M | $145.7M | $108.9M | $138.9M | $119.1M | $116.5M | −$80.1M | $102.6M | $157.0M | $112.5M |
| Income taxes | $33.5M | $26.5M | $40.9M | $30.4M | $23.0M | $29.0M | $23.5M | $24.2M | −$16.8M | $20.0M | $32.1M | $23.3M |
| Net income | $129.4M | $97.7M | $155.2M | $115.3M | $85.9M | $109.9M | $95.5M | $92.3M | −$63.3M | $82.5M | $124.8M | $89.2M |
| EBITDA | $183.9M | $147.0M | $158.4M | $166.9M | $128.8M | $157.6M | $133.9M | $132.1M | −$63.1M | $118.8M | $170.8M | $126.0M |
| EPS (diluted) | $1.95 | $1.69 | $2.57 | $1.75 | $1.31 | $1.76 | $1.62 | $1.40 | −$1.10 | $1.33 | $1.94 | $1.51 |
| Gross margin | 41.2% | 39.7% | 100.0% | 12.0% | 9.8% | 13.0% | 100.0% | 10.3% | −5.3% | 10.8% | 15.1% | 11.6% |
| Operating margin | 12.7% | 9.2% | 11.4% | 10.7% | 8.2% | 10.8% | 9.5% | 9.4% | −6.7% | 8.8% | 14.1% | 10.4% |
| Net margin | 9.3% | 7.2% | 11.4% | 8.5% | 6.5% | 8.6% | 7.6% | 7.4% | −5.3% | 7.1% | 11.2% | 8.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SIGI's financial statements (latest annual report filed February 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SIGI financial results
In fiscal year 2025 (ended December 31, 2025), Selective Insurance reported revenue of $5.3 billion, up 9.8% from the year before. It had net income of $466.4 million (up 125.3%), a net profit margin of 8.7%. Diluted earnings per share came to $7.39. Over five years revenue grew at an average rate of 12.8% a year.
See the SIGI stock overview for the latest quote and news, or the SIGI chart for price history and technical indicators.
SIGI income statement FAQ
What is Selective Insurance's annual revenue?
Selective Insurance reported total revenue of $5.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 9.8% from $4.9 billion the previous year.
Is Selective Insurance profitable?
Yes. Selective Insurance reported net income of $466.4 million in fiscal 2025, a net profit margin of 8.7%; its operating margin was 11.0%.
What is Selective Insurance's gross margin?
Selective Insurance's gross margin was 40.9% in fiscal 2025: for every $100 of revenue, Selective Insurance kept $41 after the direct cost of its products and services.
How fast is Selective Insurance growing?
Revenue grew 12.8% a year on average over the last five fiscal years, from $2.9 billion to $5.3 billion.
What are Selective Insurance's earnings per share?
Selective Insurance earned $7.39 per diluted share in fiscal 2025, compared with $3.25 a year earlier.
When will Selective Insurance report its next earnings?
Selective Insurance is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does Selective Insurance's fiscal year end?
Selective Insurance's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 9, 2026.