Selective Insurance Group Inc logo

SIGIP

Selective Insurance Group Inc

$18.36

Earnings Summary

Revenue
$1167.44Mn
Net Profits
$82.52Mn
Net Profit Margins
7.07%
PE Ratio
3.27

Highlights

Revenue:

Selective Insurance Group Inc’s revenue jumped 16.78% since last year same period to $1167.44Mn in the Q1 2024. On a quarterly growth basis, Selective Insurance Group Inc has generated 5.1% jump in its revenue since last 3-months.

Net Profits:

Selective Insurance Group Inc’s net profit fell -10.86% since last year same period to $82.52Mn in the Q1 2024. On a quarterly growth basis, Selective Insurance Group Inc has generated -33.91% fall in its net profits since last 3-months.

Net Profit Margins:

Selective Insurance Group Inc’s net profit margin fell -23.67% since last year same period to 7.07% in the Q1 2024. On a quarterly growth basis, Selective Insurance Group Inc has generated -37.11% fall in its net profit margins since last 3-months.

PE Ratio:

Selective Insurance Group Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 3.27.

Key Ratios

Key ratios of the Selective Insurance Group Inc post its Q1 2024 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.13

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Selective Insurance Group Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Selective Insurance Group Inc’s return on equity (ROE) stands at 0.13.