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SIGI logoSelective Insurance Group, Inc.(SIGI)Earnings, Financials & Key Ratios

SIGI•NASDAQ•Insurance & Managed Care
$83.00
$4.99B mkt cap·11.1× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryCommercial lines and surety insurers
AboutSelective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.Show more
  • Revenue$5.34B+9.8%
  • Combined Ratio88.98%-6.0%
  • Net Income$466M+125.3%
  • Return on Equity13.86%+103.4%
  • Medical Cost Ratio59.17%-36.6%
  • Operating Margin11.05%+108.1%
  • Net Margin8.74%+105.2%
  • ROA3.25%+99.0%
  • Equity / Assets23.81%+3.1%
  • Book Value per Share59.07+16.0%
  • Tangible BV/Share50.88+0.2%
  • Debt/Equity0.25+52.9%
Technical→

SIGI Key Insights

Selective Insurance Group, Inc. (SIGI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 89.0% combined ratio
  • ✓Strong Piotroski F-Score: 7/9
  • ✓15 consecutive years of dividend growth
  • ✓Low loss ratio of 59.2%
  • ✓Trading at only 1.4x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SIGI Price & Volume

Selective Insurance Group, Inc. (SIGI) stock price & volume — 10-year historical chart

Loading chart...

SIGI Growth Metrics

Selective Insurance Group, Inc. (SIGI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.61%
5 Years12.8%
3 Years14.47%
TTM8.61%

Profit CAGR

10 Years10.89%
5 Years13.62%
3 Years27.53%
TTM93.77%

EPS CAGR

10 Years10.13%
5 Years12.83%
3 Years28.32%
TTM99.18%

Return on Capital

10 Years3.46%
5 Years3.57%
3 Years3.4%
Last Year4.12%

SIGI Recent Earnings

Selective Insurance Group, Inc. (SIGI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (8%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 22, 2026
EPS
$1.69
Est $1.80
-6.1%
Revenue
$1.2B
Est $1.3B
-5.1%
Q1 2026
Jan 29, 2026
EPS
$2.57
Est $2.02
+27.2%
Revenue
$1.1B
Est $1.1B
-0.6%
Q4 2025
Oct 22, 2025
EPS
$1.75
Est $1.85
-5.4%
Revenue
$1.4B
Est $1.3B
+0.8%
Q3 2025
Jul 23, 2025
EPS
$1.31
Est $1.55
-15.5%
Revenue
$1.3B
Est $1.3B
-1.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$1.69vs $1.80-6.1%
$1.2Bvs $1.3B-5.1%
Q1 2026Jan 29, 2026
$2.57vs $2.02+27.2%
$1.1Bvs $1.1B-0.6%
Q4 2025Oct 22, 2025
$1.75vs $1.85-5.4%
$1.4Bvs $1.3B+0.8%
Q3 2025Jul 23, 2025
$1.31vs $1.55-15.5%
$1.3Bvs $1.3B-1.5%
Based on last 12 quarters of dataView full earnings history →

SIGI Peer Comparison

Selective Insurance Group, Inc. (SIGI) competitors in Commercial lines and surety insurers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ERIE logoERIEErie Indemnity CompanyDirect Competitor9.86B213.5620.117.17%13.2%25.03%5.79%
CINF logoCINFCincinnati Financial CorporationDirect Competitor24.98B160.4310.5811.41%21.34%17.98%12.38%0.06
HCI logoHCIHCI Group, Inc.Direct Competitor1.99B154.146.2020.21%34.31%29.62%22.38%0.03
KMPR logoKMPRKemper CorporationDirect Competitor1.97B32.746.67-5.74%5.14%9.14%16.73%0.50
DGICA logoDGICADonegal Group Inc.Direct Competitor602.2M16.587.61-1.17%8.11%12.91%11.66%0.05
PLMR logoPLMRPalomar Holdings, Inc.Direct Competitor2.93B110.7524.7247.33%22.66%20.03%8.89%
TRV logoTRVThe Travelers Companies, Inc.Product Competitor65.22B301.5910.995.17%12.88%19.12%0.28
HIG logoHIGThe Hartford Financial Services Group, Inc.Product Competitor36.71B133.4910.027.1%14.13%22.01%15.67%0.23

Compare SIGI vs Peers

Selective Insurance Group, Inc. (SIGI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ERIE

Most directly comparable listed peer for SIGI.

Scale Benchmark

vs CB

Larger-name benchmark to compare SIGI against a more recognizable public peer.

Peer Set

Compare Top 5

vs ERIE, CINF, HCI, KMPR

SIGI Income Statement

Selective Insurance Group, Inc. (SIGI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue2.47B2.59B2.85B2.92B3.38B3.56B4.23B4.86B5.34B5.41B
Revenue Growth %8.13%4.7%10.07%2.66%15.63%5.3%18.95%14.87%9.78%8.61%
Medical Costs & Claims2.15B2.32B2.45B2.56B2.82B3.22B3.71B4.54B3.16B3.21B
Medical Cost Ratio %86.94%89.88%85.91%87.71%83.35%90.44%87.76%93.39%59.17%59.31%
Gross Profit
322.58M▲ 0%
261.59M▼ 18.9%
400.96M▲ 53.3%
359.24M▼ 10.4%
562.78M▲ 56.7%
340.26M▼ 39.5%
518.07M▲ 52.3%
321.3M▼ 38.0%
2.18B▲ 578.6%
2.2B▲ 0%
Gross Margin %13.06%10.12%14.09%12.29%16.65%9.56%12.24%6.61%40.86%40.69%
Gross Profit Growth %16.14%-18.91%53.28%-10.4%56.66%-39.54%52.26%-37.98%578.63%-
Operating Expenses60.61M49.87M64.57M56.25M57.47M60.08M59.66M63.26M1.59B1.65B
OpEx / Revenue %2.45%1.93%2.27%1.92%1.7%1.69%1.41%1.3%29.81%30.56%
Depreciation & Amortization52.1M44.87M55.2M59.35M55.11M42.34M30.04M34.8M32.67M269.07M
Combined Ratio %89.39%91.81%88.18%89.63%85.05%92.13%89.17%94.69%88.98%89.87%
Operating Income
261.97M▲ 0%
211.72M▼ 19.2%
336.39M▲ 58.9%
302.99M▼ 9.9%
505.31M▲ 66.8%
280.19M▼ 44.6%
458.41M▲ 63.6%
258.03M▼ 43.7%
589.6M▲ 128.5%
535.02M▲ 0%
Operating Margin %10.61%8.19%11.82%10.37%14.95%7.87%10.83%5.31%11.05%9.89%
Operating Income Growth %19.1%-19.18%58.88%-9.93%66.78%-44.55%63.61%-43.71%128.5%-
EBITDA314.07M256.6M391.6M362.34M560.42M322.52M488.45M292.83M622.27M817.29M
EBITDA Margin %12.72%9.92%13.76%12.4%16.58%9.06%11.54%6.02%11.66%15.1%
Interest Expense24.35M24.42M33.67M30.84M29.16M28.85M28.8M28.88M49.32M52.91M
Non-Operating Income-24.35M-24.42M-33.67M-30.84M-29.16M-28.85M-28.8M-28.88M-49.32M-32.91M
Pretax Income
261.97M▲ 0%
211.72M▼ 19.2%
336.39M▲ 58.9%
302.99M▼ 9.9%
505.31M▲ 66.8%
280.19M▼ 44.6%
458.41M▲ 63.6%
258.03M▼ 43.7%
589.6M▲ 128.5%
574.92M▲ 0%
Pretax Margin %10.61%8.19%11.82%10.37%14.95%7.87%10.83%5.31%11.05%10.63%
Income Tax93.14M32.78M64.77M56.63M101.47M55.3M93.17M51.02M123.2M120.73M
Effective Tax Rate %35.55%15.48%19.25%18.69%20.08%19.74%20.33%19.77%20.9%21%
Net Income
168.83M▲ 0%
178.94M▲ 6.0%
271.62M▲ 51.8%
246.35M▼ 9.3%
403.84M▲ 63.9%
224.89M▼ 44.3%
365.24M▲ 62.4%
207.01M▼ 43.3%
466.41M▲ 125.3%
454.18M▲ 0%
Net Margin %6.84%6.92%9.54%8.43%11.95%6.32%8.63%4.26%8.74%8.39%
Net Income Growth %6.52%5.99%51.8%-9.3%63.92%-44.31%62.41%-43.32%125.31%93.77%
EPS (Diluted)
2.84▲ 0%
3.00▲ 5.6%
4.53▲ 51.0%
4.09▼ 9.7%
6.50▲ 58.9%
3.54▼ 45.5%
5.84▲ 65.0%
3.23▼ 44.7%
7.48▲ 131.6%
7.51▲ 0%
EPS Growth %5.19%5.63%51%-9.71%58.92%-45.54%64.97%-44.69%131.58%99.18%
EPS (Basic)2.893.004.574.116.553.575.873.257.48-
Diluted Shares Outstanding59.36M59.71M60M60.29M60.67M60.88M60.97M61.3M61.1M60.5M

SIGI Balance Sheet

Selective Insurance Group, Inc. (SIGI) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets7.69B7.95B8.8B9.69B10.46B10.8B11.8B13.51B15.16B15.32B
Asset Growth %4.49%3.46%10.62%10.13%7.98%3.26%9.26%14.5%12.15%46.4%
Total Investment Assets132.27M178.94M6.69B7.51B8.03B7.84B8.69B9.65B11.3B4M
Long-Term Investments132.27M178.94M6.47B7.19B7.52B7.25B8.02B8.88B10.06B41.47B
Short-Term Investments006.38B6.87B7.16B7.05B7.81B1.1B1.24B9.73B
Total Current Assets534K505K00000010.99B11.31B
Cash & Equivalents534K505K300K394K455K26K180K91K346K200K
Receivables001.44B1.47B1.59B1.87B1.97B2.53B1.53B8.24B
Other Current Assets00-7.99B-8.51B-8.94B-9.1B-9.98B-3.87B8.21B0
Goodwill & Intangibles242.9M260.46M7.85M7.85M7.85M7.85M7.85M7.85M500.1M523.57M
Goodwill7.85M7.85M7.85M7.85M7.85M7.85M7.85M7.85M7.8M7.8M
Intangible Assets235.06M252.61M000000492.3M0
PP&E (Net)63.96M65.25M77.41M77.7M82.05M84.31M83.27M93.3M106.4M109.9M
Other Assets7.13B7.33B-6.56B-7.28B-7.61B-7.34B-8.11B-8.98B-10.55B-11.39B
Total Liabilities5.97B6.16B6.6B6.95B7.48B8.27B8.85B10.39B11.55B11.73B
Total Debt439.12M439.54M550.6M550.74M506.05M504.68M506.58M507.94M898.3M901.4M
Net Debt438.58M439.04M550.3M550.35M505.6M504.65M506.4M507.85M898M901.2M
Long-Term Debt439.12M439.54M549.86M550.24M500.6M500.96M503.95M501.66M898.3M901.4M
Short-Term Debt0000000000
Total Current Liabilities131.85M124.47M00000016.9M44.8M
Accounts Payable0000000000
Deferred Revenue0000000002.49B
Other Current Liabilities06.46M-129.74M-128.89M-121.06M-115.19M-128.25M-141.37M-123.9M-2.44B
Deferred Taxes0001000K1000K00000
Other Liabilities5.53B5.72B-550.6M-577.84M-519.46M-504.68M-506.58M-507.94M10.54B10.79B
Total Equity
1.71B▲ 0%
1.79B▲ 4.6%
2.19B▲ 22.5%
2.74B▲ 24.8%
2.98B▲ 8.9%
2.53B▼ 15.3%
2.95B▲ 16.9%
3.12B▲ 5.6%
3.61B▲ 15.7%
3.59B▲ 0%
Equity Growth %11.86%4.6%22.5%24.78%8.91%-15.26%16.89%5.61%15.67%51.21%
Shareholders Equity1.71B1.79B2.19B2.74B2.98B2.53B2.95B3.12B3.61B3.59B
Minority Interest0000000000
Retained Earnings1.7B1.86B2.08B2.27B2.6B2.75B3.03B3.14B3.5B3.57B
Common Stock204.57M205.7M206.97M208.07M208.9M209.69M210.45M211.22M212M212.4M
Accumulated OCI20.17M-77.96M81.75M220.19M115.1M-498.04M-373M-336.85M-151.7M-222.6M
Return on Equity (ROE)10.41%10.21%13.63%9.99%14.12%8.16%13.33%6.82%13.86%12.93%
Return on Assets (ROA)2.24%2.29%3.24%2.67%4.01%2.12%3.23%1.64%3.25%3.03%
Equity / Assets22.29%22.53%24.95%28.27%28.51%23.4%25.03%23.09%23.81%23.41%
Debt / Equity0.26x0.25x0.25x0.20x0.17x0.20x0.17x0.16x0.25x0.25x
Book Value per Share28.8630.0136.5845.4349.1741.5248.4650.9059.0759.30
Tangible BV per Share24.7725.6536.4545.3049.0441.3948.3350.7750.8859.17

SIGI Cash Flow Statement

Selective Insurance Group, Inc. (SIGI) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations379.55M454.94M477.5M554.04M771.42M802.41M758.91M1.1B1.27B1.27B
Operating CF Growth %15.19%19.87%4.96%16.03%39.23%4.02%-5.42%44.93%15.68%-37.84%
Operating CF / Revenue %15.37%17.59%16.77%18.96%22.83%22.55%17.93%22.62%23.84%23.51%
Net Income168.83M178.94M271.62M246.35M403.84M224.89M365.24M207.01M466.41M454.18M
Depreciation & Amortization52.1M44.87M55.2M59.35M55.11M42.34M30.04M34.8M32.67M33.15M
Stock-Based Compensation31.2M19.3M19.08M16.23M15.89M18.43M18.35M22.76M020.75M
Deferred Taxes0000000000
Other Non-Cash Items81.25M125.26M-24.35M-4.7M87.41M145.22M2.52M2.25M57.82M625.39M
Working Capital Changes46.17M86.57M155.94M236.81M209.18M371.54M342.77M833.06M715.4M48.34M
Cash from Investing-332.66M-435.69M-543.62M-688.17M-618.78M-734.45M-686.36M-947.38M-1.52B-1.08B
Capital Expenditures-14.07M-16.11M-30.99M-22.06M-22.16M-26.02M-22.63M-30.81M-38.74M-36.67M
Acquisitions0000000000
Purchase of Investments-6.53B-7.35B-8.06B-7.8B-6.7B-7.26B-7.04B-12.44B-16.98B-11.74B
Sale/Maturity of Investments6.19B6.9B7.52B7.15B6.14B6.59B6.41B11.54B15.49B12.23B
Other Investing21.84M28.38M19.98M-21.42M-31.99M-34.85M-28.37M-18.33M0-1.54B
Cash from Financing-39.58M-47.05M57.18M141.38M-122.81M-87.82M-84.49M-102.75M207.48M-201.12M
Dividends Paid-37.05M-42.1M-47.67M-54.49M-69.49M-76.12M-83.03M-94.14M-102.08M-79.82M
Share Repurchases-6.01M-6.56M-8.16M-7.05M-9.05M-18.34M-7.93M-15.62M-92.59M-5.29M
Stock Issued7.6M7.25M8.24M8.41M7.98M9.09M9.13M9.63M9.02M2.92M
Debt Issuance (Net)-1000K-1000K1000K-550K-1000K-1000K-1000K-1000K1000K-373K
Other Financing000000000-118.97M
Net Change in Cash
7.3M▲ 0%
-27.79M▼ 480.4%
-8.94M▲ 67.8%
7.26M▲ 181.1%
29.83M▲ 311.1%
-19.85M▼ 166.6%
-11.94M▲ 39.9%
49.75M▲ 516.8%
-45.07M▼ 190.6%
-97.4M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning37.41M44.71M16.92M7.97M15.23M45.06M25.21M13.27M63.02M17.96M
Cash at End44.71M16.92M7.97M15.23M45.06M25.21M13.27M63.02M17.96M10.89M
Free Cash Flow
365.47M▲ 0%
438.83M▲ 20.1%
446.51M▲ 1.7%
531.98M▲ 19.1%
749.26M▲ 40.8%
776.39M▲ 3.6%
736.28M▼ 5.2%
1.07B▲ 45.2%
1.23B▲ 15.4%
1.15B▲ 0%
FCF Growth %17.38%20.07%1.75%19.14%40.84%3.62%-5.17%45.2%15.38%-7.05%
FCF Margin %14.8%16.97%15.69%18.2%22.17%21.82%17.4%21.99%23.11%21.16%
FCF per Share6.167.357.448.8212.3512.7512.0817.4420.1920.19

SIGI Key Ratios

Selective Insurance Group, Inc. (SIGI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Combined Ratio89.39%91.81%88.18%89.63%85.05%92.13%89.17%94.69%88.98%89.87%
Medical Cost Ratio86.94%89.88%85.91%87.71%83.35%90.44%87.76%93.39%59.17%59.31%
Return on Equity (ROE)10.41%10.21%13.63%9.99%14.12%8.16%13.33%6.82%13.86%12.93%
Return on Assets (ROA)2.24%2.29%3.24%2.67%4.01%2.12%3.23%1.64%3.25%3.03%
Equity / Assets22.29%22.53%24.95%28.27%28.51%23.4%25.03%23.09%23.81%23.41%
Book Value / Share28.8630.0136.5845.4349.1741.5248.4650.959.0759.3
Debt / Equity0.26x0.25x0.25x0.20x0.17x0.20x0.17x0.16x0.25x0.25x
Revenue Growth8.13%4.7%10.07%2.66%15.63%5.3%18.95%14.87%9.78%8.61%

SIGI SEC Filings & Documents

Selective Insurance Group, Inc. (SIGI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Jan 30, 2026·SEC

Material company update

Jan 29, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 9, 2026·SEC

FY 2025

Feb 10, 2025·SEC

FY 2024

Feb 9, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 24, 2026·SEC

FY 2025

Oct 24, 2025·SEC

FY 2025

Jul 25, 2025·SEC

SIGI Frequently Asked Questions

Selective Insurance Group, Inc. (SIGI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Selective Insurance Group, Inc. (SIGI) grew revenue by 9.8% over the past year. This is steady growth.

Yes, Selective Insurance Group, Inc. (SIGI) is profitable, generating $454.2M in net income for fiscal year 2025 (8.7% net margin).

Dividend & Returns

Yes, Selective Insurance Group, Inc. (SIGI) pays a dividend with a yield of 1.83%. This makes it attractive for income-focused investors.

Selective Insurance Group, Inc. (SIGI) has a return on equity (ROE) of 13.9%. This is reasonable for most industries.

Industry Metrics

Selective Insurance Group, Inc. (SIGI) has a combined ratio of 89.0%. A ratio below 100% indicates underwriting profitability.

Explore More SIGI

Selective Insurance Group, Inc. (SIGI) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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