Selective Insurance
SIGI
$101.70
Share price
-1.40%
Change (1 day)
6.54%
Change (1 year)
Categories
Operating Margin for Selective Insurance (SIGI)
Operating Margin as of April 2024 (TTM): 8.98%
According to Selective Insurance's latest financial reports and stock price the company's current Operating Margin is 8.98%. At the end of 2022 the company had an Operating Margin of 7.87%.
Operating Margin history for Selective Insurance from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.87% | -47.34% |
| 2021 | 14.95% | 44.22% |
| 2020 | 10.37% | -12.26% |
| 2019 | 11.82% | 44.35% |
| 2018 | 8.19% | -22.82% |
| 2017 | 10.61% | 10.16% |
| 2016 | 9.63% | -11.78% |
| 2015 | 10.92% | 12.67% |
| 2014 | 9.69% | 28.25% |
| 2013 | 7.55% | 248.05% |
| 2012 | 2.17% | 329.88% |
| 2011 | 0.50% | -90.36% |
| 2010 | 5.24% | 102.38% |
| 2009 | 2.59% | 11.45% |
| 2008 | 2.32% | -77.76% |
| 2007 | 10.44% | -14.4% |
| 2006 | 12.20% | 0.51% |
| 2005 | 12.14% | 8.99% |
| 2004 | 11.13% | 71.62% |
| 2003 | 6.49% | 44.57% |
| 2002 | 4.49% | 100.54% |
| 2001 | 2.24% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cincinnati Financial
CINF | 17.52% | 95.10% | 🇺🇸 USA |
 The Hartford HIG | 11.47% | 27.73% | 🇺🇸 USA |
 Progressive PGR | 4.31% | -52.00% | 🇺🇸 USA |
 W. R. Berkley WRB | 14.85% | 65.37% | 🇺🇸 USA |
 The Travelers Companies TRV | 7.10% | -20.94% | 🇺🇸 USA |
 Erie Indemnity ERIE | 14.68% | 63.47% | 🇺🇸 USA |
 Markel MKL | 17.44% | 94.21% | 🇺🇸 USA |
 Hanover Insurance Group THG | 3.25% | -63.81% | 🇺🇸 USA |
 H.B. Fuller
FUL | 6.21% | -30.85% | 🇺🇸 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.