Annual Income Statements for Selective Insurance Group
This table shows Selective Insurance Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Selective Insurance Group
This table shows Selective Insurance Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
40 |
84 |
90 |
56 |
87 |
123 |
80 |
-66 |
90 |
93 |
108 |
Consolidated Net Income / (Loss) |
|
43 |
87 |
93 |
59 |
89 |
125 |
83 |
-63 |
92 |
96 |
110 |
Net Income / (Loss) Continuing Operations |
|
43 |
87 |
93 |
59 |
89 |
125 |
83 |
-63 |
92 |
96 |
110 |
Total Pre-Tax Income |
|
53 |
108 |
115 |
74 |
113 |
157 |
103 |
-80 |
116 |
119 |
139 |
Total Revenue |
|
888 |
945 |
993 |
1,033 |
1,074 |
1,103 |
1,158 |
1,189 |
1,237 |
1,249 |
1,276 |
Net Interest Income / (Expense) |
|
-7.18 |
-7.25 |
-7.17 |
-7.26 |
-7.19 |
-7.19 |
-7.18 |
-7.20 |
-7.25 |
-7.25 |
-9.57 |
Total Interest Income |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Total Interest Expense |
|
7.18 |
7.25 |
7.17 |
7.26 |
7.19 |
7.19 |
7.18 |
7.20 |
7.25 |
7.25 |
9.57 |
Long-Term Debt Interest Expense |
|
7.18 |
7.25 |
7.17 |
7.26 |
7.19 |
7.19 |
7.18 |
7.20 |
7.25 |
7.25 |
9.57 |
Total Non-Interest Income |
|
895 |
952 |
1,000 |
1,041 |
1,081 |
1,111 |
1,165 |
1,196 |
1,244 |
1,256 |
1,285 |
Other Service Charges |
|
2.93 |
3.84 |
2.63 |
6.10 |
5.18 |
5.48 |
7.80 |
5.84 |
8.93 |
8.55 |
5.51 |
Net Realized & Unrealized Capital Gains on Investments |
|
38 |
76 |
95 |
92 |
94 |
104 |
106 |
110 |
123 |
115 |
121 |
Premiums Earned |
|
854 |
873 |
902 |
942 |
982 |
1,001 |
1,051 |
1,080 |
1,112 |
1,133 |
1,159 |
Total Non-Interest Expense |
|
835 |
837 |
878 |
959 |
961 |
947 |
1,055 |
1,269 |
1,121 |
1,130 |
1,137 |
Property & Liability Insurance Claims |
|
548 |
545 |
567 |
646 |
646 |
625 |
704 |
926 |
766 |
769 |
746 |
Insurance Policy Acquisition Costs |
|
103 |
102 |
109 |
109 |
109 |
108 |
116 |
108 |
115 |
115 |
125 |
Amortization Expense |
|
179 |
184 |
190 |
195 |
201 |
211 |
219 |
226 |
236 |
241 |
247 |
Other Special Charges |
|
5.52 |
6.67 |
12 |
9.33 |
5.87 |
3.38 |
15 |
9.15 |
4.66 |
5.29 |
18 |
Income Tax Expense |
|
10 |
21 |
22 |
16 |
23 |
32 |
20 |
-17 |
24 |
24 |
29 |
Preferred Stock Dividends Declared |
|
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
2.30 |
Basic Earnings per Share |
|
$0.67 |
$1.39 |
$1.49 |
$0.93 |
$1.43 |
$2.02 |
$1.32 |
($1.08) |
$1.48 |
$1.53 |
$1.77 |
Weighted Average Basic Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Diluted Earnings per Share |
|
$0.66 |
$1.38 |
$1.48 |
$0.92 |
$1.42 |
$2.02 |
$1.31 |
($1.08) |
$1.47 |
$1.53 |
$1.76 |
Weighted Average Diluted Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Weighted Average Basic & Diluted Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Cash Dividends to Common per Share |
|
$0.28 |
- |
$0.30 |
$0.30 |
$0.30 |
- |
$0.35 |
$0.35 |
$0.35 |
- |
$0.38 |
Annual Cash Flow Statements for Selective Insurance Group
This table details how cash moves in and out of Selective Insurance Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-23 |
25 |
7.31 |
7.32 |
-8.94 |
7.26 |
30 |
-20 |
-12 |
50 |
Net Cash From Operating Activities |
|
382 |
330 |
380 |
455 |
477 |
554 |
771 |
802 |
759 |
1,100 |
Net Cash From Continuing Operating Activities |
|
382 |
330 |
380 |
490 |
477 |
554 |
771 |
802 |
759 |
1,100 |
Net Income / (Loss) Continuing Operations |
|
166 |
158 |
169 |
179 |
272 |
246 |
404 |
225 |
365 |
207 |
Consolidated Net Income / (Loss) |
|
166 |
158 |
169 |
179 |
272 |
246 |
404 |
225 |
365 |
207 |
Depreciation Expense |
|
60 |
62 |
52 |
45 |
55 |
59 |
55 |
42 |
30 |
35 |
Non-Cash Adjustments to Reconcile Net Income |
|
-2.31 |
16 |
-11 |
64 |
-5.27 |
12 |
-69 |
164 |
21 |
25 |
Changes in Operating Assets and Liabilities, net |
|
158 |
94 |
169 |
202 |
156 |
237 |
381 |
372 |
343 |
833 |
Net Cash From Investing Activities |
|
-392 |
-321 |
-333 |
-436 |
-544 |
-688 |
-619 |
-734 |
-686 |
-947 |
Net Cash From Continuing Investing Activities |
|
-392 |
-321 |
-333 |
-436 |
-544 |
-688 |
-619 |
-734 |
-686 |
-947 |
Purchase of Property, Leasehold Improvements and Equipment |
|
- |
- |
- |
-16 |
-31 |
-22 |
-22 |
-26 |
-23 |
-31 |
Purchase of Investment Securities |
|
-2,872 |
-5,605 |
-6,543 |
-7,348 |
-8,055 |
-7,843 |
-6,751 |
-7,326 |
-7,083 |
-12,497 |
Sale and/or Maturity of Investments |
|
2,480 |
5,285 |
6,210 |
6,928 |
7,543 |
7,177 |
6,154 |
6,618 |
6,419 |
11,580 |
Net Cash From Financing Activities |
|
-13 |
16 |
-40 |
-47 |
57 |
141 |
-123 |
-88 |
-84 |
-103 |
Net Cash From Continuing Financing Activities |
|
-13 |
16 |
-40 |
-47 |
57 |
141 |
-122 |
-88 |
-84 |
-103 |
Issuance of Debt |
|
15 |
165 |
- |
130 |
356 |
- |
0.00 |
60 |
20 |
0.00 |
Issuance of Common Equity |
|
10 |
7.81 |
7.60 |
7.25 |
8.24 |
8.41 |
7.98 |
9.09 |
9.13 |
9.63 |
Repayment of Debt |
|
-4.69 |
-120 |
-88 |
-130 |
-251 |
-588 |
-52 |
-62 |
-23 |
-2.63 |
Repurchase of Common Equity |
|
-4.18 |
-4.99 |
-6.02 |
-6.56 |
-8.16 |
-7.05 |
-9.05 |
-18 |
-7.93 |
-16 |
Payment of Dividends |
|
-31 |
-34 |
-37 |
-42 |
-48 |
-54 |
-69 |
-76 |
-83 |
-94 |
Quarterly Cash Flow Statements for Selective Insurance Group
This table details how cash moves in and out of Selective Insurance Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
1.47 |
16 |
10 |
-14 |
-7.91 |
-0.07 |
-1.43 |
-0.94 |
1.76 |
50 |
45 |
Net Cash From Operating Activities |
|
242 |
317 |
136 |
158 |
229 |
237 |
114 |
266 |
387 |
332 |
284 |
Net Cash From Continuing Operating Activities |
|
242 |
317 |
136 |
158 |
229 |
237 |
114 |
266 |
387 |
332 |
284 |
Net Income / (Loss) Continuing Operations |
|
43 |
87 |
93 |
59 |
89 |
125 |
83 |
-63 |
92 |
96 |
110 |
Consolidated Net Income / (Loss) |
|
43 |
87 |
93 |
59 |
89 |
125 |
83 |
-63 |
92 |
96 |
110 |
Depreciation Expense |
|
12 |
7.99 |
8.96 |
8.22 |
6.25 |
6.61 |
9.08 |
9.83 |
8.31 |
7.57 |
9.13 |
Non-Cash Adjustments to Reconcile Net Income |
|
42 |
19 |
-0.44 |
8.64 |
9.53 |
3.14 |
11 |
2.15 |
-1.28 |
13 |
11 |
Changes in Operating Assets and Liabilities, net |
|
145 |
203 |
35 |
82 |
124 |
102 |
12 |
317 |
288 |
216 |
154 |
Net Cash From Investing Activities |
|
-216 |
-284 |
-98 |
-155 |
-216 |
-216 |
-86 |
-247 |
-354 |
-260 |
-585 |
Net Cash From Continuing Investing Activities |
|
-216 |
-284 |
-98 |
-155 |
-216 |
-216 |
-86 |
-247 |
-354 |
-260 |
-585 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-7.66 |
-4.26 |
-5.51 |
-4.04 |
-5.21 |
-7.87 |
-6.20 |
-7.73 |
-9.41 |
-7.47 |
-13 |
Purchase of Investment Securities |
|
-1,812 |
-1,890 |
-2,385 |
-1,656 |
-1,578 |
-1,463 |
-1,796 |
-2,330 |
-4,612 |
-3,759 |
-5,779 |
Sale and/or Maturity of Investments |
|
1,604 |
1,610 |
2,292 |
1,505 |
1,367 |
1,255 |
1,716 |
2,090 |
4,268 |
3,506 |
5,207 |
Net Cash From Financing Activities |
|
-24 |
-17 |
-27 |
-17 |
-20 |
-20 |
-30 |
-20 |
-32 |
-22 |
346 |
Net Cash From Continuing Financing Activities |
|
-24 |
-17 |
-27 |
-17 |
-20 |
-20 |
-30 |
-20 |
-32 |
-22 |
346 |
Issuance of Debt |
|
- |
25 |
- |
- |
- |
- |
- |
- |
- |
- |
396 |
Issuance of Common Equity |
|
1.22 |
3.59 |
0.97 |
3.72 |
0.92 |
3.52 |
0.89 |
3.86 |
0.98 |
3.91 |
0.79 |
Repayment of Debt |
|
-0.62 |
-26 |
-0.62 |
-21 |
-0.70 |
-0.73 |
-0.73 |
-0.54 |
-0.67 |
-0.69 |
-0.70 |
Repurchase of Common Equity |
|
-6.01 |
-0.26 |
-7.44 |
-0.07 |
-0.29 |
-0.13 |
-6.70 |
-0.03 |
-8.81 |
-0.08 |
-25 |
Payment of Dividends |
|
-19 |
-20 |
-20 |
-20 |
-20 |
-23 |
-23 |
-23 |
-23 |
-25 |
-25 |
Annual Balance Sheets for Selective Insurance Group
This table presents Selective Insurance Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
6,904 |
7,356 |
7,686 |
7,953 |
8,797 |
9,688 |
10,461 |
10,802 |
11,803 |
13,514 |
Cash and Due from Banks |
|
0.90 |
0.46 |
0.53 |
0.51 |
0.30 |
0.39 |
0.46 |
0.03 |
0.18 |
0.09 |
Restricted Cash |
|
- |
- |
44 |
16 |
7.68 |
15 |
45 |
25 |
13 |
63 |
Trading Account Securities |
|
4,817 |
5,041 |
5,387 |
5,458 |
6,189 |
6,783 |
7,074 |
6,805 |
7,709 |
8,366 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
46 |
15 |
-16 |
-19 |
-20 |
Allowance for Loan and Lease Losses |
|
- |
- |
- |
- |
0.00 |
0.00 |
14 |
16 |
19 |
20 |
Accrued Investment Income |
|
39 |
40 |
41 |
42 |
45 |
45 |
48 |
59 |
66 |
77 |
Premises and Equipment, Net |
|
66 |
70 |
64 |
65 |
77 |
78 |
82 |
84 |
83 |
93 |
Mortgage Servicing Rights |
|
- |
- |
- |
- |
0.00 |
46 |
96 |
149 |
188 |
234 |
Unearned Premiums Asset |
|
756 |
828 |
901 |
928 |
991 |
1,594 |
1,728 |
2,041 |
2,173 |
2,764 |
Deferred Acquisition Cost |
|
213 |
223 |
235 |
253 |
271 |
289 |
327 |
369 |
425 |
479 |
Goodwill |
|
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
Other Assets |
|
1,006 |
1,146 |
1,006 |
1,182 |
1,208 |
830 |
1,052 |
1,262 |
1,136 |
1,429 |
Total Liabilities & Shareholders' Equity |
|
6,904 |
7,356 |
7,686 |
7,953 |
8,797 |
9,688 |
10,461 |
10,802 |
11,803 |
13,514 |
Total Liabilities |
|
5,506 |
5,824 |
5,973 |
6,161 |
6,602 |
6,949 |
7,479 |
8,275 |
8,848 |
10,394 |
Other Short-Term Payables |
|
- |
- |
- |
- |
- |
- |
- |
- |
122 |
122 |
Long-Term Debt |
|
328 |
439 |
439 |
440 |
551 |
551 |
506 |
505 |
504 |
508 |
Claims and Claim Expense |
|
3,518 |
3,692 |
3,771 |
3,894 |
4,067 |
4,260 |
4,581 |
5,145 |
5,337 |
6,590 |
Unearned Premiums Liability |
|
1,170 |
1,263 |
1,350 |
1,432 |
1,523 |
1,618 |
1,803 |
1,993 |
2,331 |
2,616 |
Other Long-Term Liabilities |
|
431 |
431 |
413 |
396 |
461 |
520 |
588 |
632 |
555 |
558 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
1,398 |
1,531 |
1,713 |
1,792 |
2,195 |
2,739 |
2,983 |
2,528 |
2,954 |
3,120 |
Total Preferred & Common Equity |
|
1,398 |
1,531 |
1,713 |
1,792 |
2,195 |
2,739 |
2,983 |
2,528 |
2,954 |
3,120 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
200 |
200 |
200 |
200 |
200 |
Total Common Equity |
|
1,398 |
1,531 |
1,713 |
1,792 |
2,195 |
2,539 |
2,783 |
2,328 |
2,754 |
2,920 |
Common Stock |
|
528 |
551 |
572 |
596 |
625 |
647 |
673 |
703 |
733 |
768 |
Retained Earnings |
|
1,446 |
1,569 |
1,699 |
1,858 |
2,081 |
2,272 |
2,603 |
2,750 |
3,029 |
3,139 |
Treasury Stock |
|
-567 |
-572 |
-578 |
-585 |
-593 |
-600 |
-609 |
-627 |
-635 |
-651 |
Accumulated Other Comprehensive Income / (Loss) |
|
-9.43 |
-16 |
20 |
-78 |
82 |
220 |
115 |
-498 |
-373 |
-337 |
Quarterly Balance Sheets for Selective Insurance Group
This table presents Selective Insurance Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
10,520 |
11,015 |
11,217 |
11,428 |
12,056 |
12,565 |
13,473 |
14,198 |
Cash and Due from Banks |
|
0.54 |
0.15 |
0.35 |
0.11 |
0.12 |
0.16 |
0.10 |
0.12 |
Restricted Cash |
|
8.50 |
36 |
21 |
13 |
12 |
11 |
13 |
108 |
Trading Account Securities |
|
6,505 |
7,121 |
7,056 |
7,176 |
7,798 |
7,880 |
8,316 |
8,897 |
Loans and Leases, Net of Allowance |
|
130 |
165 |
157 |
-19 |
-20 |
-21 |
-21 |
-22 |
Allowance for Loan and Lease Losses |
|
15 |
17 |
18 |
19 |
20 |
21 |
21 |
22 |
Accrued Investment Income |
|
54 |
57 |
59 |
62 |
68 |
72 |
74 |
77 |
Premises and Equipment, Net |
|
85 |
83 |
81 |
81 |
83 |
89 |
92 |
100 |
Mortgage Servicing Rights |
|
145 |
157 |
175 |
186 |
208 |
219 |
224 |
258 |
Unearned Premiums Asset |
|
2,005 |
1,996 |
2,124 |
2,221 |
2,298 |
2,485 |
2,820 |
2,701 |
Deferred Acquisition Cost |
|
371 |
388 |
414 |
426 |
448 |
477 |
489 |
492 |
Goodwill |
|
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
7.85 |
Other Assets |
|
1,154 |
1,169 |
1,157 |
1,255 |
1,133 |
1,324 |
1,438 |
1,556 |
Total Liabilities & Shareholders' Equity |
|
10,520 |
11,015 |
11,217 |
11,428 |
12,056 |
12,565 |
13,473 |
14,198 |
Total Liabilities |
|
8,093 |
8,346 |
8,546 |
8,784 |
9,050 |
9,643 |
10,305 |
10,939 |
Other Short-Term Payables |
|
112 |
89 |
92 |
114 |
98 |
93 |
113 |
106 |
Long-Term Debt |
|
505 |
504 |
504 |
505 |
503 |
509 |
508 |
903 |
Claims and Claim Expense |
|
4,965 |
5,099 |
5,177 |
5,301 |
5,502 |
5,904 |
6,452 |
6,611 |
Unearned Premiums Liability |
|
2,022 |
2,092 |
2,251 |
2,342 |
2,441 |
2,599 |
2,655 |
2,698 |
Other Long-Term Liabilities |
|
488 |
561 |
522 |
521 |
506 |
539 |
577 |
621 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
2,428 |
2,669 |
2,671 |
2,644 |
3,006 |
2,923 |
3,168 |
3,259 |
Total Preferred & Common Equity |
|
2,428 |
2,669 |
2,671 |
2,644 |
3,006 |
2,923 |
3,168 |
3,259 |
Preferred Stock |
|
200 |
200 |
200 |
200 |
200 |
200 |
200 |
200 |
Total Common Equity |
|
2,228 |
2,469 |
2,471 |
2,444 |
2,806 |
2,723 |
2,968 |
3,059 |
Common Stock |
|
696 |
713 |
722 |
727 |
745 |
756 |
761 |
783 |
Retained Earnings |
|
2,684 |
2,822 |
2,860 |
2,928 |
3,088 |
3,001 |
3,070 |
3,224 |
Treasury Stock |
|
-627 |
-635 |
-635 |
-635 |
-642 |
-642 |
-651 |
-676 |
Accumulated Other Comprehensive Income / (Loss) |
|
-525 |
-430 |
-476 |
-576 |
-385 |
-393 |
-212 |
-272 |
Annual Metrics And Ratios for Selective Insurance Group
This table displays calculated financial ratios and metrics derived from Selective Insurance Group's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
4.85% |
7.21% |
8.14% |
4.74% |
11.12% |
1.58% |
15.86% |
5.35% |
19.10% |
14.98% |
EBITDA Growth |
|
20.58% |
-3.68% |
11.52% |
-18.30% |
65.73% |
-14.80% |
54.67% |
-42.45% |
51.45% |
-40.05% |
EBIT Growth |
|
18.04% |
-5.47% |
19.10% |
-19.18% |
74.79% |
-18.12% |
66.78% |
-44.55% |
63.61% |
-43.71% |
NOPAT Growth |
|
16.95% |
-4.44% |
6.52% |
5.99% |
51.80% |
-9.30% |
63.92% |
-44.31% |
62.41% |
-43.32% |
Net Income Growth |
|
16.95% |
-4.44% |
6.52% |
5.99% |
51.80% |
-9.30% |
63.92% |
-44.31% |
62.41% |
-43.32% |
EPS Growth |
|
15.38% |
-5.26% |
5.19% |
5.63% |
51.00% |
-9.71% |
58.92% |
-45.54% |
64.97% |
-44.69% |
Operating Cash Flow Growth |
|
63.94% |
-13.65% |
15.19% |
19.87% |
4.96% |
16.03% |
39.23% |
4.02% |
-5.42% |
44.93% |
Free Cash Flow Firm Growth |
|
-30.06% |
-190.70% |
47.81% |
854.50% |
-343.37% |
-22.75% |
168.69% |
233.24% |
-108.93% |
161.34% |
Invested Capital Growth |
|
8.37% |
10.29% |
9.24% |
3.68% |
23.04% |
19.82% |
6.06% |
-13.09% |
14.05% |
4.91% |
Revenue Q/Q Growth |
|
2.07% |
1.65% |
1.88% |
0.36% |
3.34% |
1.36% |
2.92% |
2.39% |
3.92% |
3.11% |
EBITDA Q/Q Growth |
|
2.86% |
-4.47% |
3.14% |
-7.26% |
16.26% |
8.74% |
-2.16% |
-6.52% |
10.86% |
-11.20% |
EBIT Q/Q Growth |
|
2.92% |
-5.77% |
4.68% |
-7.05% |
18.03% |
9.81% |
-2.30% |
-5.43% |
12.03% |
-12.81% |
NOPAT Q/Q Growth |
|
2.50% |
-3.66% |
-5.12% |
9.50% |
15.33% |
22.47% |
-6.50% |
-5.25% |
11.73% |
-12.40% |
Net Income Q/Q Growth |
|
2.50% |
-3.66% |
-5.12% |
9.50% |
15.33% |
22.47% |
-6.50% |
-5.25% |
11.73% |
-12.40% |
EPS Q/Q Growth |
|
1.79% |
-3.57% |
-5.65% |
9.49% |
15.56% |
22.09% |
-7.67% |
-5.09% |
12.31% |
-13.17% |
Operating Cash Flow Q/Q Growth |
|
7.07% |
13.84% |
-12.95% |
19.19% |
-0.24% |
2.19% |
7.67% |
12.45% |
-9.58% |
9.52% |
Free Cash Flow Firm Q/Q Growth |
|
-58.79% |
68.60% |
-134.73% |
-19.51% |
11.65% |
-34.13% |
70.31% |
-6.33% |
-155.03% |
112.84% |
Invested Capital Q/Q Growth |
|
1.88% |
-1.42% |
0.64% |
2.45% |
2.14% |
5.74% |
1.93% |
3.39% |
9.82% |
-1.31% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
13.86% |
12.45% |
12.84% |
10.02% |
14.94% |
12.53% |
16.73% |
9.14% |
11.62% |
6.06% |
EBIT Margin |
|
11.03% |
9.73% |
10.71% |
8.27% |
13.00% |
10.48% |
15.08% |
7.94% |
10.91% |
5.34% |
Profit (Net Income) Margin |
|
7.86% |
7.01% |
6.90% |
6.99% |
9.54% |
8.52% |
12.05% |
6.37% |
8.69% |
4.28% |
Tax Burden Percent |
|
71.28% |
72.06% |
64.45% |
84.52% |
80.75% |
81.31% |
79.92% |
80.26% |
79.67% |
80.23% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
90.90% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
28.72% |
27.94% |
35.55% |
15.48% |
19.25% |
18.69% |
20.08% |
19.74% |
20.33% |
19.77% |
Return on Invested Capital (ROIC) |
|
9.66% |
8.44% |
8.19% |
8.16% |
10.92% |
8.16% |
11.92% |
6.90% |
11.25% |
5.84% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
9.66% |
8.44% |
8.19% |
8.16% |
10.92% |
8.16% |
11.92% |
6.90% |
11.25% |
5.84% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.75% |
2.38% |
2.22% |
2.05% |
2.71% |
1.82% |
2.20% |
1.27% |
2.07% |
0.97% |
Return on Equity (ROE) |
|
12.41% |
10.82% |
10.41% |
10.21% |
13.63% |
9.99% |
14.12% |
8.16% |
13.33% |
6.82% |
Cash Return on Invested Capital (CROIC) |
|
1.62% |
-1.35% |
-0.64% |
4.55% |
-9.75% |
-9.87% |
6.03% |
20.90% |
-1.88% |
1.05% |
Operating Return on Assets (OROA) |
|
3.45% |
3.08% |
3.48% |
2.71% |
4.42% |
3.28% |
5.02% |
2.64% |
4.06% |
2.04% |
Return on Assets (ROA) |
|
2.46% |
2.22% |
2.24% |
2.29% |
3.24% |
2.67% |
4.01% |
2.12% |
3.23% |
1.64% |
Return on Common Equity (ROCE) |
|
12.41% |
10.82% |
10.41% |
10.21% |
13.63% |
9.58% |
13.13% |
7.57% |
12.35% |
6.37% |
Return on Equity Simple (ROE_SIMPLE) |
|
11.86% |
10.35% |
9.86% |
9.99% |
12.38% |
8.99% |
13.54% |
8.90% |
12.36% |
6.63% |
Net Operating Profit after Tax (NOPAT) |
|
166 |
158 |
169 |
179 |
272 |
246 |
404 |
225 |
365 |
207 |
NOPAT Margin |
|
7.86% |
7.01% |
6.90% |
6.99% |
9.54% |
8.52% |
12.05% |
6.37% |
8.69% |
4.28% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
88.97% |
90.27% |
89.29% |
91.74% |
87.00% |
89.52% |
84.92% |
92.06% |
89.09% |
94.66% |
Earnings before Interest and Taxes (EBIT) |
|
233 |
220 |
262 |
212 |
370 |
303 |
505 |
280 |
458 |
258 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
292 |
282 |
314 |
257 |
425 |
362 |
560 |
323 |
488 |
293 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.22 |
1.46 |
1.82 |
1.94 |
1.65 |
1.50 |
1.71 |
2.23 |
2.16 |
1.95 |
Price to Tangible Book Value (P/TBV) |
|
1.22 |
1.47 |
1.83 |
1.94 |
1.65 |
1.50 |
1.71 |
2.24 |
2.16 |
1.95 |
Price to Revenue (P/Rev) |
|
0.81 |
0.99 |
1.28 |
1.35 |
1.27 |
1.32 |
1.42 |
1.47 |
1.41 |
1.18 |
Price to Earnings (P/E) |
|
10.25 |
14.14 |
18.52 |
19.38 |
13.32 |
15.46 |
12.03 |
24.10 |
16.68 |
28.74 |
Dividend Yield |
|
1.92% |
1.57% |
1.23% |
1.26% |
1.36% |
1.48% |
1.31% |
1.32% |
1.28% |
1.53% |
Earnings Yield |
|
9.76% |
7.07% |
5.40% |
5.16% |
7.51% |
6.47% |
8.31% |
4.15% |
6.00% |
3.48% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.17 |
1.36 |
1.64 |
1.74 |
1.52 |
1.38 |
1.55 |
1.94 |
1.92 |
1.74 |
Enterprise Value to Revenue (EV/Rev) |
|
0.99 |
1.19 |
1.44 |
1.52 |
1.46 |
1.57 |
1.61 |
1.67 |
1.58 |
1.31 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
7.14 |
9.52 |
11.21 |
15.16 |
9.78 |
12.54 |
9.65 |
18.22 |
13.57 |
21.62 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.97 |
12.18 |
13.44 |
18.37 |
11.24 |
14.99 |
10.70 |
20.97 |
14.46 |
24.53 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
12.58 |
16.91 |
20.85 |
21.74 |
15.32 |
18.44 |
13.39 |
26.13 |
18.15 |
30.58 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
5.47 |
8.13 |
9.27 |
8.55 |
8.71 |
8.20 |
7.01 |
7.32 |
8.73 |
5.76 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
74.80 |
0.00 |
0.00 |
39.03 |
0.00 |
0.00 |
26.43 |
8.62 |
0.00 |
169.60 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.28 |
0.29 |
0.26 |
0.25 |
0.25 |
0.20 |
0.17 |
0.20 |
0.17 |
0.16 |
Long-Term Debt to Equity |
|
0.23 |
0.29 |
0.26 |
0.25 |
0.25 |
0.20 |
0.17 |
0.20 |
0.17 |
0.16 |
Financial Leverage |
|
0.28 |
0.28 |
0.27 |
0.25 |
0.25 |
0.22 |
0.18 |
0.18 |
0.18 |
0.17 |
Leverage Ratio |
|
5.04 |
4.87 |
4.64 |
4.46 |
4.20 |
3.75 |
3.52 |
3.86 |
4.12 |
4.17 |
Compound Leverage Factor |
|
5.04 |
4.87 |
4.64 |
4.46 |
3.82 |
3.75 |
3.52 |
3.86 |
4.12 |
4.17 |
Debt to Total Capital |
|
21.73% |
22.27% |
20.40% |
19.70% |
20.05% |
16.74% |
14.50% |
16.64% |
14.57% |
14.00% |
Short-Term Debt to Total Capital |
|
3.36% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
18.37% |
22.27% |
20.40% |
19.70% |
20.05% |
16.74% |
14.50% |
16.64% |
14.57% |
14.00% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
6.08% |
5.73% |
6.60% |
5.78% |
5.51% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
78.27% |
77.73% |
79.60% |
80.30% |
79.95% |
77.18% |
79.76% |
76.76% |
79.64% |
80.49% |
Debt to EBITDA |
|
1.33 |
1.56 |
1.40 |
1.71 |
1.29 |
1.52 |
0.90 |
1.56 |
1.03 |
1.73 |
Net Debt to EBITDA |
|
1.32 |
1.56 |
1.26 |
1.65 |
1.28 |
1.48 |
0.82 |
1.49 |
1.00 |
1.52 |
Long-Term Debt to EBITDA |
|
1.12 |
1.56 |
1.40 |
1.71 |
1.29 |
1.52 |
0.90 |
1.56 |
1.03 |
1.73 |
Debt to NOPAT |
|
2.34 |
2.77 |
2.60 |
2.46 |
2.03 |
2.24 |
1.25 |
2.24 |
1.38 |
2.45 |
Net Debt to NOPAT |
|
2.34 |
2.76 |
2.34 |
2.36 |
2.00 |
2.17 |
1.14 |
2.13 |
1.34 |
2.15 |
Long-Term Debt to NOPAT |
|
1.98 |
2.77 |
2.60 |
2.46 |
2.03 |
2.24 |
1.25 |
2.24 |
1.38 |
2.45 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.05% |
6.99% |
7.26% |
7.30% |
6.59% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
28 |
-25 |
-13 |
100 |
-243 |
-298 |
205 |
682 |
-61 |
37 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
2,823.99% |
1,541.45% |
2,511.08% |
3,480.68% |
3,083.93% |
3,353.40% |
3,569.91% |
Free Cash Flow to Firm to Interest Expense |
|
1.24 |
-1.11 |
-0.54 |
4.08 |
-7.20 |
-9.65 |
7.01 |
23.63 |
-2.11 |
1.29 |
Operating Cash Flow to Interest Expense |
|
17.01 |
14.47 |
15.58 |
18.63 |
14.18 |
17.97 |
26.45 |
27.82 |
26.35 |
38.09 |
Operating Cash Flow Less CapEx to Interest Expense |
|
17.01 |
14.47 |
15.58 |
17.97 |
13.26 |
17.25 |
25.69 |
26.91 |
25.57 |
37.02 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.31 |
0.32 |
0.33 |
0.33 |
0.34 |
0.31 |
0.33 |
0.33 |
0.37 |
0.38 |
Fixed Asset Turnover |
|
33.72 |
33.44 |
36.63 |
39.65 |
39.91 |
37.28 |
41.94 |
42.43 |
50.17 |
54.74 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,786 |
1,970 |
2,152 |
2,231 |
2,746 |
3,290 |
3,489 |
3,032 |
3,458 |
3,628 |
Invested Capital Turnover |
|
1.23 |
1.20 |
1.19 |
1.17 |
1.14 |
0.96 |
0.99 |
1.08 |
1.30 |
1.36 |
Increase / (Decrease) in Invested Capital |
|
138 |
184 |
182 |
79 |
514 |
544 |
199 |
-457 |
426 |
170 |
Enterprise Value (EV) |
|
2,087 |
2,680 |
3,520 |
3,890 |
4,161 |
4,543 |
5,406 |
5,877 |
6,629 |
6,330 |
Market Capitalization |
|
1,700 |
2,242 |
3,126 |
3,468 |
3,618 |
3,808 |
4,745 |
5,197 |
5,938 |
5,685 |
Book Value per Share |
|
$24.44 |
$26.47 |
$29.34 |
$30.40 |
$36.95 |
$42.43 |
$46.29 |
$38.62 |
$45.46 |
$48.03 |
Tangible Book Value per Share |
|
$24.31 |
$26.33 |
$29.20 |
$30.26 |
$36.82 |
$42.30 |
$46.16 |
$38.49 |
$45.33 |
$47.90 |
Total Capital |
|
1,786 |
1,970 |
2,152 |
2,231 |
2,746 |
3,290 |
3,489 |
3,032 |
3,458 |
3,628 |
Total Debt |
|
388 |
439 |
439 |
440 |
551 |
551 |
506 |
505 |
504 |
508 |
Total Long-Term Debt |
|
328 |
439 |
439 |
440 |
551 |
551 |
506 |
505 |
504 |
508 |
Net Debt |
|
387 |
438 |
394 |
423 |
543 |
536 |
461 |
479 |
491 |
445 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
16 |
31 |
22 |
22 |
26 |
23 |
31 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
388 |
439 |
439 |
440 |
551 |
551 |
506 |
505 |
504 |
508 |
Total Depreciation and Amortization (D&A) |
|
60 |
62 |
52 |
45 |
55 |
59 |
55 |
42 |
30 |
35 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.90 |
$2.74 |
$2.89 |
$3.04 |
$0.00 |
$0.00 |
$6.55 |
$3.57 |
$5.87 |
$3.25 |
Adjusted Weighted Average Basic Shares Outstanding |
|
57.59M |
58.20M |
58.72M |
58.95M |
0.00 |
0.00 |
60.19M |
60.34M |
60.64M |
60.81M |
Adjusted Diluted Earnings per Share |
|
$2.85 |
$2.70 |
$2.84 |
$3.00 |
$0.00 |
$0.00 |
$6.50 |
$3.54 |
$5.84 |
$3.23 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
57.59M |
58.20M |
58.72M |
58.95M |
0.00 |
0.00 |
60.19M |
60.34M |
60.64M |
60.81M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
57.59M |
58.20M |
58.72M |
58.95M |
0.00 |
0.00 |
60.19M |
60.34M |
60.64M |
60.81M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
186 |
184 |
192 |
200 |
297 |
267 |
426 |
250 |
390 |
235 |
Normalized NOPAT Margin |
|
8.82% |
8.12% |
7.86% |
7.82% |
10.42% |
9.23% |
12.73% |
7.08% |
9.27% |
4.86% |
Pre Tax Income Margin |
|
11.03% |
9.73% |
10.71% |
8.27% |
11.82% |
10.48% |
15.08% |
7.94% |
10.91% |
5.34% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
10.38 |
9.66 |
10.76 |
8.67 |
10.99 |
9.82 |
17.33 |
9.71 |
15.92 |
8.94 |
NOPAT to Interest Expense |
|
7.40 |
6.96 |
6.93 |
7.33 |
8.07 |
7.99 |
13.85 |
7.80 |
12.68 |
7.17 |
EBIT Less CapEx to Interest Expense |
|
10.38 |
9.66 |
10.76 |
8.01 |
10.07 |
9.11 |
16.57 |
8.81 |
15.13 |
7.87 |
NOPAT Less CapEx to Interest Expense |
|
7.40 |
6.96 |
6.93 |
6.67 |
7.15 |
7.27 |
13.09 |
6.89 |
11.90 |
6.10 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
18.72% |
21.30% |
21.94% |
23.53% |
17.55% |
22.12% |
17.21% |
33.85% |
22.73% |
45.47% |
Augmented Payout Ratio |
|
21.24% |
24.45% |
25.51% |
27.19% |
20.56% |
24.98% |
19.45% |
42.01% |
24.90% |
53.02% |
Quarterly Metrics And Ratios for Selective Insurance Group
This table displays calculated financial ratios and metrics derived from Selective Insurance Group's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
3.50% |
9.56% |
18.33% |
20.49% |
20.96% |
16.78% |
16.63% |
15.05% |
15.19% |
13.20% |
10.18% |
EBITDA Growth |
|
-38.62% |
-16.28% |
49.60% |
39.40% |
82.75% |
41.34% |
-9.75% |
-185.30% |
5.08% |
-22.58% |
32.57% |
EBIT Growth |
|
-43.18% |
-12.99% |
64.20% |
48.60% |
113.75% |
45.68% |
-10.62% |
-208.01% |
3.53% |
-24.14% |
35.41% |
NOPAT Growth |
|
-42.30% |
-12.60% |
64.34% |
48.30% |
109.78% |
44.31% |
-10.86% |
-195.67% |
3.44% |
-23.48% |
33.18% |
Net Income Growth |
|
-42.30% |
-12.60% |
64.34% |
48.30% |
109.78% |
44.31% |
-10.86% |
-208.04% |
3.44% |
-23.48% |
33.18% |
EPS Growth |
|
-44.07% |
-12.10% |
66.29% |
50.82% |
115.15% |
46.38% |
-11.49% |
-217.39% |
3.52% |
-24.26% |
34.35% |
Operating Cash Flow Growth |
|
-3.54% |
38.95% |
46.49% |
4.69% |
-5.50% |
-25.35% |
-15.88% |
68.57% |
69.41% |
40.40% |
148.66% |
Free Cash Flow Firm Growth |
|
323.77% |
641.45% |
200.61% |
-104.51% |
-123.86% |
-155.46% |
-225.10% |
-1,712.18% |
-241.99% |
75.38% |
-113.65% |
Invested Capital Growth |
|
-14.32% |
-13.09% |
-3.36% |
2.45% |
7.38% |
14.05% |
10.60% |
8.08% |
16.74% |
4.91% |
18.58% |
Revenue Q/Q Growth |
|
3.53% |
6.43% |
5.05% |
4.09% |
3.93% |
2.76% |
4.92% |
2.68% |
4.06% |
0.98% |
2.12% |
EBITDA Q/Q Growth |
|
9.98% |
78.08% |
6.89% |
-33.41% |
44.18% |
37.73% |
-31.75% |
-162.94% |
277.61% |
1.48% |
16.87% |
EBIT Q/Q Growth |
|
5.48% |
104.70% |
6.50% |
-35.38% |
51.73% |
39.52% |
-34.66% |
-178.09% |
245.43% |
2.23% |
16.63% |
NOPAT Q/Q Growth |
|
7.60% |
103.44% |
7.01% |
-36.69% |
52.21% |
39.95% |
-33.91% |
-167.95% |
264.58% |
3.53% |
15.03% |
Net Income Q/Q Growth |
|
7.60% |
103.44% |
7.01% |
-36.69% |
52.21% |
39.95% |
-33.91% |
-176.73% |
245.74% |
3.53% |
15.03% |
EPS Q/Q Growth |
|
8.20% |
109.09% |
7.25% |
-37.84% |
54.35% |
42.25% |
-35.15% |
-182.44% |
236.11% |
4.08% |
15.03% |
Operating Cash Flow Q/Q Growth |
|
60.45% |
31.00% |
-57.17% |
16.28% |
44.83% |
3.47% |
-51.73% |
133.03% |
45.56% |
-14.25% |
-14.51% |
Free Cash Flow Firm Q/Q Growth |
|
39.27% |
1.95% |
-62.66% |
-108.50% |
-637.07% |
-136.97% |
15.77% |
-23.18% |
-39.10% |
82.94% |
-631.03% |
Invested Capital Q/Q Growth |
|
-5.37% |
3.39% |
4.66% |
0.05% |
-0.82% |
9.82% |
1.49% |
-2.23% |
7.13% |
-1.31% |
14.71% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
7.32% |
12.25% |
12.46% |
7.97% |
11.06% |
14.82% |
9.64% |
-5.91% |
10.09% |
10.14% |
11.60% |
EBIT Margin |
|
5.93% |
11.40% |
11.56% |
7.18% |
10.48% |
14.23% |
8.86% |
-6.74% |
9.42% |
9.53% |
10.89% |
Profit (Net Income) Margin |
|
4.79% |
9.16% |
9.33% |
5.67% |
8.31% |
11.31% |
7.13% |
-5.33% |
7.46% |
7.65% |
8.62% |
Tax Burden Percent |
|
80.79% |
80.29% |
80.67% |
79.03% |
79.28% |
79.53% |
80.45% |
79.05% |
79.22% |
80.23% |
79.13% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
19.21% |
19.71% |
19.33% |
20.97% |
20.72% |
20.47% |
19.55% |
0.00% |
20.78% |
19.77% |
20.87% |
Return on Invested Capital (ROIC) |
|
5.20% |
9.91% |
10.64% |
6.98% |
11.05% |
14.65% |
9.32% |
-6.46% |
10.25% |
10.43% |
11.12% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
5.20% |
9.91% |
10.64% |
6.98% |
11.05% |
14.65% |
9.32% |
-7.89% |
10.25% |
10.43% |
11.12% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.98% |
1.82% |
1.97% |
1.34% |
2.20% |
2.70% |
1.65% |
-1.43% |
1.79% |
1.74% |
2.50% |
Return on Equity (ROE) |
|
6.17% |
11.73% |
12.61% |
8.31% |
13.25% |
17.35% |
10.97% |
-7.89% |
12.03% |
12.17% |
13.62% |
Cash Return on Invested Capital (CROIC) |
|
22.90% |
20.90% |
11.50% |
6.51% |
3.64% |
-1.88% |
0.57% |
-0.70% |
-8.52% |
1.05% |
-10.89% |
Operating Return on Assets (OROA) |
|
1.95% |
3.79% |
3.99% |
2.57% |
3.86% |
5.29% |
3.35% |
-2.56% |
3.54% |
3.64% |
4.11% |
Return on Assets (ROA) |
|
1.58% |
3.04% |
3.22% |
2.03% |
3.06% |
4.21% |
2.70% |
-2.03% |
2.81% |
2.92% |
3.25% |
Return on Common Equity (ROCE) |
|
5.71% |
10.88% |
11.68% |
7.68% |
12.20% |
16.08% |
10.20% |
-7.32% |
11.20% |
11.37% |
12.75% |
Return on Equity Simple (ROE_SIMPLE) |
|
9.78% |
0.00% |
9.78% |
10.49% |
12.36% |
0.00% |
11.81% |
7.98% |
7.46% |
0.00% |
7.19% |
Net Operating Profit after Tax (NOPAT) |
|
43 |
87 |
93 |
59 |
89 |
125 |
83 |
-56 |
92 |
96 |
110 |
NOPAT Margin |
|
4.79% |
9.16% |
9.33% |
5.67% |
8.31% |
11.31% |
7.13% |
-4.72% |
7.46% |
7.65% |
8.62% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
1.43% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
94.07% |
88.60% |
88.44% |
92.82% |
89.52% |
85.77% |
91.14% |
106.74% |
90.58% |
90.47% |
89.11% |
Earnings before Interest and Taxes (EBIT) |
|
53 |
108 |
115 |
74 |
113 |
157 |
103 |
-80 |
116 |
119 |
139 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
65 |
116 |
124 |
82 |
119 |
164 |
112 |
-70 |
125 |
127 |
148 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
2.15 |
2.23 |
2.28 |
2.31 |
2.52 |
2.16 |
2.34 |
2.09 |
1.91 |
1.95 |
1.82 |
Price to Tangible Book Value (P/TBV) |
|
2.15 |
2.24 |
2.29 |
2.32 |
2.53 |
2.16 |
2.35 |
2.09 |
1.92 |
1.95 |
1.82 |
Price to Revenue (P/Rev) |
|
1.39 |
1.47 |
1.53 |
1.48 |
1.52 |
1.41 |
1.50 |
1.26 |
1.21 |
1.18 |
1.12 |
Price to Earnings (P/E) |
|
20.96 |
24.10 |
22.37 |
21.04 |
19.38 |
16.68 |
18.97 |
25.36 |
24.99 |
28.74 |
24.72 |
Dividend Yield |
|
1.41% |
1.32% |
1.24% |
1.25% |
1.18% |
1.28% |
1.20% |
1.44% |
1.50% |
1.53% |
1.59% |
Earnings Yield |
|
4.77% |
4.15% |
4.47% |
4.75% |
5.16% |
6.00% |
5.27% |
3.94% |
4.00% |
3.48% |
4.05% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.87 |
1.94 |
1.99 |
2.01 |
2.18 |
1.92 |
2.07 |
1.86 |
1.73 |
1.74 |
1.58 |
Enterprise Value to Revenue (EV/Rev) |
|
1.59 |
1.67 |
1.71 |
1.65 |
1.69 |
1.58 |
1.66 |
1.41 |
1.36 |
1.31 |
1.33 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
15.88 |
18.22 |
17.34 |
16.51 |
15.55 |
13.57 |
15.23 |
19.70 |
19.32 |
21.62 |
19.93 |
Enterprise Value to EBIT (EV/EBIT) |
|
18.49 |
20.97 |
19.39 |
18.28 |
16.74 |
14.46 |
16.26 |
21.85 |
21.53 |
24.53 |
22.29 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
23.08 |
26.13 |
24.14 |
22.79 |
20.95 |
18.15 |
20.43 |
27.35 |
26.96 |
30.58 |
27.99 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
7.68 |
7.32 |
7.46 |
7.49 |
8.16 |
8.73 |
9.84 |
7.54 |
6.34 |
5.76 |
5.17 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
7.53 |
8.62 |
16.97 |
31.25 |
61.95 |
0.00 |
383.14 |
0.00 |
0.00 |
169.60 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.21 |
0.20 |
0.19 |
0.19 |
0.19 |
0.17 |
0.17 |
0.17 |
0.16 |
0.16 |
0.28 |
Long-Term Debt to Equity |
|
0.21 |
0.20 |
0.19 |
0.19 |
0.19 |
0.17 |
0.17 |
0.17 |
0.16 |
0.16 |
0.28 |
Financial Leverage |
|
0.19 |
0.18 |
0.19 |
0.19 |
0.20 |
0.18 |
0.18 |
0.18 |
0.17 |
0.17 |
0.22 |
Leverage Ratio |
|
3.92 |
3.86 |
3.91 |
4.09 |
4.33 |
4.12 |
4.06 |
4.25 |
4.28 |
4.17 |
4.19 |
Compound Leverage Factor |
|
3.92 |
3.86 |
3.91 |
4.09 |
4.33 |
4.12 |
4.06 |
4.25 |
4.28 |
4.17 |
4.19 |
Debt to Total Capital |
|
17.22% |
16.64% |
15.89% |
15.86% |
16.02% |
14.57% |
14.34% |
14.83% |
13.83% |
14.00% |
21.70% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
17.22% |
16.64% |
15.89% |
15.86% |
16.02% |
14.57% |
14.34% |
14.83% |
13.83% |
14.00% |
21.70% |
Preferred Equity to Total Capital |
|
6.82% |
6.60% |
6.30% |
6.30% |
6.35% |
5.78% |
5.70% |
5.83% |
5.44% |
5.51% |
4.81% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
75.96% |
76.76% |
77.81% |
77.84% |
77.63% |
79.64% |
79.96% |
79.34% |
80.73% |
80.49% |
73.49% |
Debt to EBITDA |
|
1.46 |
1.56 |
1.39 |
1.30 |
1.15 |
1.03 |
1.06 |
1.57 |
1.54 |
1.73 |
2.74 |
Net Debt to EBITDA |
|
1.44 |
1.49 |
1.29 |
1.25 |
1.11 |
1.00 |
1.03 |
1.54 |
1.50 |
1.52 |
2.41 |
Long-Term Debt to EBITDA |
|
1.46 |
1.56 |
1.39 |
1.30 |
1.15 |
1.03 |
1.06 |
1.57 |
1.54 |
1.73 |
2.74 |
Debt to NOPAT |
|
2.13 |
2.24 |
1.93 |
1.80 |
1.54 |
1.38 |
1.42 |
2.18 |
2.15 |
2.45 |
3.85 |
Net Debt to NOPAT |
|
2.09 |
2.13 |
1.79 |
1.72 |
1.50 |
1.34 |
1.38 |
2.13 |
2.10 |
2.15 |
3.39 |
Long-Term Debt to NOPAT |
|
2.13 |
2.24 |
1.93 |
1.80 |
1.54 |
1.38 |
1.42 |
2.18 |
2.15 |
2.45 |
3.85 |
Noncontrolling Interest Sharing Ratio |
|
7.48% |
7.26% |
7.34% |
7.60% |
7.89% |
7.30% |
7.05% |
7.15% |
6.88% |
6.59% |
6.38% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
533 |
543 |
203 |
-17 |
-127 |
-301 |
-254 |
-313 |
-435 |
-74 |
-542 |
Operating Cash Flow to CapEx |
|
3,160.00% |
7,438.75% |
2,464.05% |
3,908.81% |
4,385.50% |
3,007.14% |
1,842.33% |
3,441.48% |
4,118.73% |
4,445.14% |
2,182.33% |
Free Cash Flow to Firm to Interest Expense |
|
74.22 |
74.95 |
28.30 |
-2.38 |
-17.69 |
-41.90 |
-35.33 |
-43.40 |
-59.97 |
-10.23 |
-56.63 |
Operating Cash Flow to Interest Expense |
|
33.70 |
43.73 |
18.95 |
21.75 |
31.82 |
32.91 |
15.90 |
36.95 |
53.43 |
45.85 |
29.67 |
Operating Cash Flow Less CapEx to Interest Expense |
|
32.64 |
43.14 |
18.18 |
21.20 |
31.09 |
31.82 |
15.04 |
35.88 |
52.13 |
44.82 |
28.31 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.33 |
0.33 |
0.35 |
0.36 |
0.37 |
0.37 |
0.38 |
0.38 |
0.38 |
0.38 |
0.38 |
Fixed Asset Turnover |
|
42.99 |
42.43 |
44.23 |
46.88 |
48.53 |
50.17 |
52.61 |
53.08 |
54.01 |
54.74 |
54.16 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
2,933 |
3,032 |
3,174 |
3,175 |
3,149 |
3,458 |
3,510 |
3,431 |
3,676 |
3,628 |
4,162 |
Invested Capital Turnover |
|
1.08 |
1.08 |
1.14 |
1.23 |
1.33 |
1.30 |
1.31 |
1.37 |
1.37 |
1.36 |
1.29 |
Increase / (Decrease) in Invested Capital |
|
-490 |
-457 |
-110 |
76 |
216 |
426 |
336 |
256 |
527 |
170 |
652 |
Enterprise Value (EV) |
|
5,477 |
5,877 |
6,304 |
6,386 |
6,850 |
6,629 |
7,255 |
6,379 |
6,371 |
6,330 |
6,561 |
Market Capitalization |
|
4,781 |
5,197 |
5,636 |
5,703 |
6,159 |
5,938 |
6,564 |
5,681 |
5,676 |
5,685 |
5,566 |
Book Value per Share |
|
$36.92 |
$38.62 |
$40.93 |
$40.85 |
$40.36 |
$45.46 |
$46.17 |
$44.79 |
$48.79 |
$48.03 |
$50.30 |
Tangible Book Value per Share |
|
$36.79 |
$38.49 |
$40.80 |
$40.72 |
$40.23 |
$45.33 |
$46.04 |
$44.66 |
$48.66 |
$47.90 |
$50.17 |
Total Capital |
|
2,933 |
3,032 |
3,174 |
3,175 |
3,149 |
3,458 |
3,510 |
3,431 |
3,676 |
3,628 |
4,162 |
Total Debt |
|
505 |
505 |
504 |
504 |
505 |
504 |
503 |
509 |
508 |
508 |
903 |
Total Long-Term Debt |
|
505 |
505 |
504 |
504 |
505 |
504 |
503 |
509 |
508 |
508 |
903 |
Net Debt |
|
496 |
479 |
468 |
482 |
491 |
491 |
491 |
498 |
496 |
445 |
795 |
Capital Expenditures (CapEx) |
|
7.66 |
4.26 |
5.51 |
4.04 |
5.21 |
7.87 |
6.20 |
7.73 |
9.41 |
7.47 |
13 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7.25 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
505 |
505 |
504 |
504 |
505 |
504 |
503 |
509 |
508 |
508 |
903 |
Total Depreciation and Amortization (D&A) |
|
12 |
7.99 |
8.96 |
8.22 |
6.25 |
6.61 |
9.08 |
9.83 |
8.31 |
7.57 |
9.13 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.67 |
$1.39 |
$1.49 |
$0.93 |
$1.43 |
$2.02 |
$1.32 |
($1.08) |
$1.48 |
$1.53 |
$1.77 |
Adjusted Weighted Average Basic Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Adjusted Diluted Earnings per Share |
|
$0.66 |
$1.38 |
$1.48 |
$0.92 |
$1.42 |
$2.02 |
$1.31 |
($1.08) |
$1.47 |
$1.53 |
$1.76 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
60.28M |
60.34M |
60.49M |
60.57M |
60.59M |
60.64M |
60.79M |
60.83M |
60.79M |
60.81M |
60.77M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
47 |
92 |
102 |
66 |
94 |
128 |
95 |
-50 |
96 |
100 |
124 |
Normalized NOPAT Margin |
|
5.29% |
9.72% |
10.31% |
6.39% |
8.74% |
11.56% |
8.20% |
-4.18% |
7.76% |
7.99% |
9.74% |
Pre Tax Income Margin |
|
5.93% |
11.40% |
11.56% |
7.18% |
10.48% |
14.23% |
8.86% |
-6.74% |
9.42% |
9.53% |
10.89% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
7.33 |
14.87 |
16.01 |
10.22 |
15.66 |
21.84 |
14.28 |
-11.12 |
16.07 |
16.44 |
14.51 |
NOPAT to Interest Expense |
|
5.92 |
11.94 |
12.92 |
8.08 |
12.41 |
17.37 |
11.49 |
-7.79 |
12.73 |
13.19 |
11.48 |
EBIT Less CapEx to Interest Expense |
|
6.27 |
14.28 |
15.25 |
9.66 |
14.93 |
20.74 |
13.42 |
-12.20 |
14.77 |
15.40 |
13.15 |
NOPAT Less CapEx to Interest Expense |
|
4.86 |
11.35 |
12.15 |
7.52 |
11.69 |
16.27 |
10.63 |
-8.86 |
11.43 |
12.15 |
10.12 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
31.55% |
33.85% |
29.63% |
28.06% |
24.45% |
22.73% |
24.25% |
38.25% |
39.04% |
45.47% |
40.80% |
Augmented Payout Ratio |
|
39.20% |
42.01% |
37.36% |
32.97% |
26.92% |
24.90% |
26.27% |
41.31% |
45.67% |
53.02% |
55.35% |
Key Financial Trends
Selective Insurance Group (NASDAQ: SIGI) - Financial Summary and Trends (2022 through Q1 2025)
Selective Insurance Group has demonstrated a generally positive financial trajectory over the last several quarters with noteworthy growth in revenue and net income, supported by operational cash flow strength. Here’s a detailed breakdown:
- Revenue Growth: Total revenue increased from approximately $944.9 million in Q4 2022 to $1.28 billion in Q1 2025. This growth is driven by rising premiums earned, which grew from $872.8 million (Q4 2022) to nearly $1.16 billion (Q1 2025).
- Net Income Improvement: Net income attributable to common shareholders showed strong growth from $84.2 million in Q4 2022 to $107.6 million in Q1 2025, reflecting increased profitability.
- EPS Growth: Basic earnings per share increased from $1.39 (Q4 2022) to $1.77 (Q1 2025), signaling value creation for shareholders.
- Operating Cash Flow Strength: Net cash flow from operating activities has remained robust, reaching $284 million in Q1 2025, indicating strong cash generation from core operations.
- Investing Activity Discipline: Although capital expenditures and investment purchases remain significant, the company balances these with investment sales and maturities, with net investing cash outflow around $585 million in Q1 2025.
- Debt Management: Long-term debt increased to approximately $903 million by Q1 2025, from about $504 million in Q4 2022, reflecting moderate leverage for growth or strategic investment.
- Dividend Policy: Selective Insurance Group maintains consistent dividend payments, with quarterly dividends per common share rising from $0.30 in 2022 to $0.38 in Q1 2025, which is attractive for income-focused investors.
- Interest Expense Trends: Long-term debt interest expense increased to about $9.57 million in Q1 2025 compared to approximately $7.25 million in Q4 2022, which may slightly pressure earnings but is manageable given overall income growth.
- Amortization and Special Charges: Amortization expense rose steadily, reaching $247 million in Q1 2025, with other special charges also increasing. These non-cash expenses affect net income but not cash flow.
- Goodwill and AOCI Fluctuations: Goodwill remains stable at around $7.8 million while Accumulated Other Comprehensive Loss has increased, which could affect equity valuation but does not impact cash flow directly.
Overall Assessment: Over the past few years, Selective Insurance Group has shown solid revenue and earnings growth with increasing net income and EPS, supported by robust operating cash flow. The company’s controlled increase in debt and steady dividend growth highlight prudent financial management. Investors should monitor interest costs and amortization expenses but can view the company’s fundamentals positively based on these trends.
10/22/25 04:42 AM ETAI Generated. May Contain Errors.