SELECTIVE INSURANCE GROUP, INC

SIGI ·Financial, Insurance - Property & Casualty, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $2.44B $2.28B $2.13B $2.00B $1.84B $1.66B $1.55B $1.50B
Net Premiums Earned $2.27B $2.13B $1.99B $1.85B $1.69B $1.51B $1.39B $1.34B
Net Investment Income $135.1M $119.7M $109.8M $111.8M $108.1M $110.7M $116.9M $115.1M
Net Investment Gains Losses $21.4M $12.2M $11.5M $19.0M $23.2M $16.6M $18.2M $23.7M
Other Income $17.5M $16.4M $17.6M $18.3M $18.8M $18.4M $21.4M $18.3M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $286.3M $242.7M $255.1M $220.2M $170.2M $56.5M $29.7M $102.8M
Operating Margin 11.7% 10.6% 12.0% 11.0% 9.2% 3.4% 1.9% 6.9%
Interest Expense $24.4M $22.8M $22.4M $23.1M $26.4M $18.9M $18.3M $18.6M
Pretax Income $262.0M $220.0M $232.7M $197.1M $143.8M $37.6M $11.4M $84.1M
Income Tax Expense $93.1M $61.5M $66.8M $55.3M $36.4M $-328.0K $-11.3M $13.4M
Net Income $168.8M $158.5M $165.9M $141.8M $106.4M $38.0M $22.0M $67.0M
Net Margin 6.9% 6.9% 7.8% 7.1% 5.8% 2.3% 1.4% 4.5%
EPS (Basic) $2.89 $2.74 $2.90 $2.52 $1.91 $0.69 $0.41 $1.26
EPS (Diluted) $2.84 $2.70 $2.85 $2.47 $1.87 $0.68 $0.40 $1.23
Shares Outstanding (Basic) 58.5M 57.9M 57.2M 56.3M 55.6M 54.9M 54.1M 53.4M
Shares Outstanding (Diluted) 59.4M 58.7M 58.2M 57.4M 56.8M 55.9M 55.2M 54.5M
Dividends Per Share $0.66 $0.61 $0.57 $0.53 $0.52 $0.52 $0.52 $0.52
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