Selective Insurance Group, Inc.
SIGIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
4,861
Cost of Revenue
4,540
Gross Profit
321
Gross Margin
6.6%
Operating Income
258
Operating Margin
5.3%
Net Income
207
Net Margin
4.3%
EPS (Basic)
$3.25
EPS (Diluted)
$3.23
EBITDA
322
EBITDA Margin
6.6%
2023
12/31/2023
Revenue
4,232
Cost of Revenue
3,714
Gross Profit
518
Gross Margin
12.2%
Operating Income
458
Operating Margin
10.8%
Net Income
365
Net Margin
8.6%
EPS (Basic)
$5.87
EPS (Diluted)
$5.84
EBITDA
517
EBITDA Margin
12.2%
2022
12/31/2022
Revenue
3,558
Cost of Revenue
3,218
Gross Profit
340
Gross Margin
9.6%
Operating Income
280
Operating Margin
7.9%
Net Income
225
Net Margin
6.3%
EPS (Basic)
$3.57
EPS (Diluted)
$3.54
EBITDA
351
EBITDA Margin
9.9%
2021
12/31/2021
Revenue
3,379
Cost of Revenue
2,816
Gross Profit
563
Gross Margin
16.7%
Operating Income
505
Operating Margin
15.0%
Net Income
404
Net Margin
12.0%
EPS (Basic)
$6.55
EPS (Diluted)
$6.50
EBITDA
590
EBITDA Margin
17.4%
2020
12/31/2020
Revenue
2,922
Cost of Revenue
2,563
Gross Profit
359
Gross Margin
12.3%
Operating Income
303
Operating Margin
10.4%
Net Income
246
Net Margin
8.4%
EPS (Basic)
$4.11
EPS (Diluted)
$4.09
EBITDA
393
EBITDA Margin
13.5%