SELECTIVE INSURANCE GROUP INC SIGI
Selective Insurance Group, Inc. ("Parent") is a New Jersey insurance holding company incorporated in 1977. It owns ten property and casualty insurance subsidiaries ("Insurance Subsidiaries") that sell products and services only in the United States ("U.S.") and exclusively through independent insurance agents and wholesale brokers. Nine of our Insurance Subsidiaries are licensed by various state insurance departments as admitted carriers, allowing them to write specific property and casualty lines in the standard market. The tenth subsidiary is authorized as a non-admitted carrier to write property and casualty insurance in the excess and surplus ("E&S") lines market. Throughout this document, we refer to the Parent and the Insurance Subsidiaries collectively as "we," "us," or "our." We use "Parent" when appropriate to distinguish it from the Insurance Subsidiaries. Specific terms related to the property and casualty industry are defined in a glossary attached as Exhibit 99.1 to this Form 10-K.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.34B | $4.86B | $4.23B | $3.56B | $3.38B | $2.92B | $2.85B | $2.59B | $2.47B | $2.28B |
| Pre-tax income | $589.6M | $258.0M | $458.4M | $280.2M | $505.3M | $303.0M | $336.4M | $211.7M | $262.0M | $220.0M |
| Income tax | $123.2M | $51.0M | $93.2M | $55.3M | $101.5M | $56.6M | $64.8M | $32.8M | $93.1M | $61.5M |
| Net income | $466.4M | $207.0M | $365.2M | $224.9M | $403.8M | $246.4M | $271.6M | $178.9M | $168.8M | $158.5M |
| EPS, basic | 7.54 | 3.25 | 5.87 | 3.57 | 6.55 | 4.12 | 4.57 | 3.04 | 2.89 | 2.74 |
| EPS, diluted | 7.49 | 3.23 | 5.84 | 3.54 | 6.50 | 4.09 | 4.53 | 3.00 | 2.84 | 2.70 |
| Shares, diluted (wtd. avg.) | 61.1M | 61.3M | 61.0M | 60.9M | 60.7M | 60.3M | 60.0M | 59.7M | 59.4M | 58.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $18.0M | $63.0M | $13.3M | $25.2M | $45.1M | $15.2M | $8.0M | $16.9M | $44.7M | $37.4M |
| Property, plant and equipment | $106.4M | $93.3M | $83.3M | $84.3M | $82.1M | $77.7M | $77.4M | $65.2M | $64.0M | $69.6M |
| Goodwill | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M |
| Total assets | $15.16B | $13.51B | $11.80B | $10.80B | $10.46B | $9.69B | $8.80B | $7.95B | $7.69B | $7.36B |
| Short-term debt | — | — | — | — | — | — | — | — | — | $0 |
| Long-term debt | — | $507.9M | $503.9M | $504.7M | $506.1M | $550.7M | $550.6M | $439.5M | $439.1M | $438.7M |
| Total liabilities | $11.55B | $10.39B | $8.85B | $8.27B | $7.48B | $6.95B | $6.60B | $6.16B | $5.97B | $5.82B |
| Retained earnings | $3.50B | $3.14B | $3.03B | $2.75B | $2.60B | $2.27B | $2.08B | $1.86B | $1.70B | $1.57B |
| Total equity | $3.61B | $3.12B | $2.95B | $2.53B | $2.98B | $2.74B | $2.19B | $1.79B | $1.71B | $1.53B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.23B | $1.10B | $758.9M | $802.4M | $771.4M | $554.0M | $477.5M | $454.9M | $379.5M | $329.5M |
| Depreciation and amortisation | $32.7M | $34.8M | $30.0M | $42.3M | $55.1M | $59.4M | $55.2M | $44.9M | $52.1M | $61.7M |
| Stock-based compensation | $23.1M | $22.8M | $18.3M | $18.4M | $15.9M | $16.2M | $19.1M | $14.5M | $12.1M | $10.4M |
| Capital expenditure | $38.7M | $30.8M | $22.6M | $26.0M | $22.2M | $22.1M | $31.0M | $16.1M | — | — |
| Investing cash flow | -$1.49B | -$947.4M | -$686.4M | -$734.4M | -$618.8M | -$688.2M | -$543.6M | -$435.7M | -$332.7M | -$320.7M |
| Financing cash flow | $207.5M | -$102.8M | -$84.5M | -$87.8M | -$122.8M | $141.4M | $57.2M | -$47.0M | -$39.6M | $15.9M |
| Dividends paid | $92.9M | $84.9M | $73.8M | $66.9M | $60.1M | $54.5M | $47.7M | $42.1M | $37.0M | $33.8M |
| Buybacks | $92.6M | $15.6M | $7.9M | $18.3M | $9.1M | $7.1M | $8.2M | $6.6M | $6.0M | $5.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000230557-26-000006.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B | $2.47B | $2.59B | $2.85B | $2.92B | $3.38B | $3.56B | $4.23B | $4.86B | $5.34B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $158.5M | $168.8M | $178.9M | $271.6M | $246.4M | $403.8M | $224.9M | $365.2M | $207.0M | $466.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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