SELECTIVE INSURANCE GROUP, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.34B | $4.86B | $4.30B | $3.64B | $3.41B | $2.90B | $2.80B | $2.58B |
| Net Premiums Earned | — | — | $4.01B | $3.45B | $3.10B | $2.70B | $2.57B | $2.42B |
| Net Investment Income | — | — | $310.0M | $269.6M | $253.3M | $181.7M | $181.6M | $154.6M |
| Net Investment Gains Losses | — | — | $-42.9M | $-101.2M | $41.5M | $10.8M | $28.2M | $-18.0M |
| Other Income | — | — | $15.4M | $14.1M | $13.7M | $14.1M | $16.3M | $17.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $638.9M | $286.9M | $487.2M | $309.0M | $534.5M | $333.8M | $370.1M | $236.1M |
| Operating Margin | 12.0% | 5.9% | 11.3% | 8.5% | 15.7% | 11.5% | 13.2% | 9.2% |
| Interest Expense | $49.3M | $28.9M | $28.8M | $28.8M | $29.2M | $30.8M | $33.7M | $24.4M |
| Pretax Income | $589.6M | $258.0M | $458.4M | $280.2M | $505.3M | $303.0M | $336.4M | $211.7M |
| Income Tax Expense | $123.2M | $51.0M | $93.2M | $55.3M | $101.5M | $56.6M | $64.8M | $32.8M |
| Net Income | $466.4M | $207.0M | $365.2M | $224.9M | $403.8M | $246.4M | $271.6M | $178.9M |
| Net Margin | 8.7% | 4.3% | 8.5% | 6.2% | 11.8% | 8.5% | 9.7% | 6.9% |
| EPS (Basic) | $7.54 | $3.25 | $5.87 | $3.57 | $6.55 | $4.12 | $4.57 | $3.04 |
| EPS (Diluted) | $7.49 | $3.23 | $5.84 | $3.54 | $6.50 | $4.09 | $4.53 | $3.00 |
| Shares Outstanding (Basic) | 60.6M | 60.9M | 60.6M | 60.4M | 60.2M | 59.9M | 59.4M | 59.0M |
| Shares Outstanding (Diluted) | 61.1M | 61.3M | 61.0M | 60.9M | 60.7M | 60.3M | 60.0M | 59.7M |
| Dividends Per Share | $1.57 | $1.43 | $1.25 | $1.14 | $1.03 | $0.94 | $0.83 | $0.74 |