Selective Insurance Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	4,768	4,376	3,828	3,373	3,017
Total Interest & Dividend Income	531.2	457.05	388.65	288.16	326.59
Gain (Loss) on Sale of Investments	8.3	-2.95	-3.55	-114.81	17.6
Other Revenue	29.2	31.12	19.4	11.34	17.72
Total Revenue	5,337	4,862	4,232	3,558	3,379
Revenue Growth (YoY)	9.78%	14.88%	18.94%	5.29%	15.63%
Policy Benefits	3,158	3,132	2,484	2,112	1,814
Policy Acquisition & Underwriting Costs	1,002	922.43	796.18	705.82	626.47
Selling, General & Administrative	36.4	44.07	39.5	31.12	28.31
Other Operating Expenses	501.5	443.77	424.93	400.31	375.93
Total Operating Expenses	4,698	4,542	3,744	3,249	2,845
Operating Income	638.9	319.63	487.81	309.04	534.53
Interest Expense	-49.3	-28.88	-28.8	-28.85	-29.17
EBT Excluding Unusual Items	589.6	290.76	459.02	280.19	505.36
Legal Settlements	-	-32.72	-0.6	-0.01	-0.05
Pretax Income	589.6	258.03	458.41	280.19	505.31
Income Tax Expense	123.2	51.02	93.17	55.3	101.47
Net Income	466.4	207.01	365.24	224.89	403.84
Preferred Dividends & Other Adjustments	9.2	9.2	9.2	9.2	9.35
Net Income to Common	457.2	197.81	356.04	215.69	394.48
Net Income Growth	125.30%	-43.32%	62.41%	-44.31%	63.92%
Shares Outstanding (Basic)	61	61	61	60	60
Shares Outstanding (Diluted)	61	61	61	61	61
Shares Change (YoY)	-0.28%	0.50%	0.15%	0.34%	0.62%
EPS (Basic)	7.48	3.25	5.87	3.57	6.55
EPS (Diluted)	7.48	3.23	5.84	3.54	6.50
EPS Growth	131.67%	-44.69%	64.97%	-45.54%	58.92%
Free Cash Flow	-	1,069	736.28	776.39	749.26
Free Cash Flow Per Share	-	17.45	12.08	12.75	12.35
Dividend Per Share	1.570	1.430	1.250	1.140	1.030
Dividend Growth	9.79%	14.40%	9.65%	10.68%	9.57%
Operating Margin	11.97%	6.58%	11.53%	8.69%	15.82%
Profit Margin	8.57%	4.07%	8.41%	6.06%	11.67%
Free Cash Flow Margin	-	21.99%	17.40%	21.82%	22.17%
EBITDA	670.51	354.43	517.85	351.38	589.64
EBITDA Margin	12.56%	7.29%	12.24%	9.88%	17.45%
D&A For EBITDA	31.61	34.8	30.04	42.34	55.11
EBIT	638.9	319.63	487.81	309.04	534.53
EBIT Margin	11.97%	6.58%	11.53%	8.69%	15.82%
Effective Tax Rate	20.89%	19.77%	20.32%	19.74%	20.08%
Revenue as Reported	5,337	4,862	4,232	3,558	3,379

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.