Selective Insurance (SIGI) Operating Margin (2023 - 2026)
Selective Insurance's Operating Margin was -47.11% in Q2 2026, up 6.78 percentage points from -53.89% a year earlier and up 3.76 percentage points from the prior quarter.
Selective Insurance (SIGI) Operating Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Selective Insurance's Operating Margin was -47.35% through Jun 30, 2026, up 3.93 percentage points year-over-year; for FY2025, it came in at -48.12%, up 11.66 percentage points from FY2024.
- Operating Margin shows a three-year change of +3.36 percentage points (FY2022 to FY2025).
- In earlier years, Operating Margin was -59.78% in FY2024 (-11.91 pp), -47.87% in FY2023 (+3.61 pp) and -51.48% in FY2022.
- Quarterly Operating Margin has moved between -84.08% (Q2 2024) and -41.94% (Q4 2025) over five years.
- Compared with a year earlier, Operating Margin was higher in five of the last six quarters, with an average year-over-year change of +8.37 percentage points.
- Per Business Quant data, SIGI's Operating Margin in the three quarters before Q2 2026 was -50.87% (Q1 2026), -41.94% (Q4 2025) and -49.50% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 25.65% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | -53.77% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | -30.76% |
| 10 | Selective Insurance | 5.07 Bn | 2.97 Bn | 570.77 Mn | -47.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -47.11% |
| Mar 31, 2026 | -50.87% |
| Dec 31, 2025 | -41.94% |
| Sep 30, 2025 | -49.50% |
| Jun 30, 2025 | -53.89% |
| Mar 31, 2025 | -47.26% |
| Dec 31, 2024 | -51.73% |
| Sep 30, 2024 | -52.17% |
| Jun 30, 2024 | -84.08% |
| Mar 31, 2024 | -51.65% |
| Sep 30, 2023 | -49.34% |
Selective Insurance Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SIGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SIGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SIGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();