Selective Insurance (SIGI) Operating Margin (2009 - 2026)
Selective Insurance's (SIGI) quarterly Operating Margin came in at 10.48% in Q1 2026, up 109.0% year-on-year from 5.01% in Q1 2025, and down 0.58% quarter-over-quarter from 10.54% in Q4 2025.
Selective Insurance (SIGI) Operating Margin (2009 - 2026) Analysis & Trends
Selective Insurance has disclosed Operating Margin across 18 years of filings, most recently posting 10.48% for Q1 2026.
- Operating Margin for Q1 2026 came in at 10.48%, up 109.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.22% (down 84.0% YoY), and the FY2025 annual result was 9.95%, down 49.0% from the prior year.
- Operating Margin came in at 10.48% for Q1 2026 at Selective Insurance, down from 10.54% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.92% in Q4 2024 to a low of 7.14% in Q3 2022.
- The 5-year median for Operating Margin is 9.39% (2025), against an average of 9.85%.
- Across the five-year window, Operating Margin surged 219 bps in 2023 and tumbled 539 bps in 2025, its largest moves.
- Selective Insurance's Operating Margin stood at 7.14% in 2022, then soared by 31 bps to 9.33% in 2023, then jumped by 71 bps to 15.92% in 2024, then plunged by 34 bps to 10.54% in 2025, then slipped by 1 bps to 10.48% in 2026.
- The last three Operating Margin figures came in at 10.48% (Q1 2026), 10.54% (Q4 2025), and 10.19% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.57% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -46.25% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 8.45% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 5.54% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 10.96% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.21% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.70% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 71.45% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 5.74% |
| 10 | Selective Insurance | 5.31 Bn | 3.57 Bn | 543.42 Mn | 10.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.48% |
| Dec 31, 2025 | 10.54% |
| Sep 30, 2025 | 10.19% |
| Jun 30, 2025 | 9.65% |
| Mar 31, 2025 | 9.39% |
| Dec 31, 2024 | 15.92% |
| Sep 30, 2024 | 10.59% |
| Jun 30, 2024 | 10.06% |
| Mar 31, 2024 | 9.26% |
| Sep 30, 2023 | 9.33% |
| Jun 30, 2023 | 9.39% |
| Mar 31, 2023 | 9.15% |
| Sep 30, 2022 | 7.14% |
| Jun 30, 2022 | 8.12% |
| Mar 31, 2022 | 8.58% |
| Sep 30, 2021 | 10.75% |
| Jun 30, 2021 | 9.96% |
| Mar 31, 2021 | 8.67% |
| Dec 31, 2020 | 8.58% |
| Sep 30, 2020 | 8.78% |