Selective Insurance
SIGI
#2580
Rank
โ‚น469.16 B
Marketcap
โ‚น7,708
Share price
0.00%
Change (1 day)
-9.42%
Change (1 year)

Operating Margin for Selective Insurance (SIGI)

Operating Margin as of September 2024 (TTM): 6.41%

According to Selective Insurance's latest financial reports and stock price the company's current Operating Margin is 6.41%. At the end of 2023 the company had an Operating Margin of 10.83%.

Operating Margin history for Selective Insurance from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.83%37.55%
20227.87%-47.34%
202114.95%44.23%
202010.37%-12.27%
201911.82%44.35%
20188.19%-22.81%
201710.61%10.15%
20169.63%-11.78%
201510.92%12.67%
20149.69%28.25%
20137.55%248.05%
20122.17%204.12%
20110.71%-86.73%
20105.38%107.8%
20092.59%2.45%
20082.53%-75.8%
200710.44%-14.4%
200612.20%0.51%
200512.14%7.75%
200411.26%70.91%
20036.59%44.18%
20024.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.26% 106.86%๐Ÿ‡บ๐Ÿ‡ธ USA
11.13% 73.63%๐Ÿ‡บ๐Ÿ‡ธ USA
14.96% 133.39%๐Ÿ‡บ๐Ÿ‡ธ USA
1.26%-80.34%๐Ÿ‡บ๐Ÿ‡ธ USA
16.44% 156.47%๐Ÿ‡บ๐Ÿ‡ธ USA
25.18% 292.82%๐Ÿ‡บ๐Ÿ‡ธ USA
17.16% 167.71%๐Ÿ‡บ๐Ÿ‡ธ USA
16.67% 160.06%๐Ÿ‡บ๐Ÿ‡ธ USA
7.25% 13.10%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.