Selective Historical Income Statement

SIGI Stock  USD 91.79  0.43  0.47%   
Historical analysis of Selective Insurance income statement accounts such as EBIT of 588.3 M, Ebitda of 624.6 M, Total Operating Expenses of 5.1 B or Net Income of 115 M can show how well Selective Insurance Group performed in making a profits. Evaluating Selective Insurance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Selective Insurance's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Selective Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Selective Insurance is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Selective Income Statement Analysis

Selective Insurance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Selective Insurance shareholders. The income statement also shows Selective investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Selective Insurance Income Statement Chart

As of now, Selective Insurance's Total Operating Expenses is increasing as compared to previous years. The Selective Insurance's current Total Other Income Expense Net is estimated to increase to about 270.9 M, while Interest Expense is projected to decrease to under 17.3 M.

Total Revenue

Total revenue comprises all receipts Selective Insurance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Selective Insurance Group minus its cost of goods sold. It is profit before Selective Insurance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Selective Insurance. It is also known as Selective Insurance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Selective Insurance income statement and is an important metric when analyzing Selective Insurance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Selective Insurance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Selective Insurance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of now, Selective Insurance's Total Operating Expenses is increasing as compared to previous years. The Selective Insurance's current Total Other Income Expense Net is estimated to increase to about 270.9 M, while Interest Expense is projected to decrease to under 17.3 M.
 2022 2023 2024 2025 (projected)
Total Revenue3.6B101.2M65.4M62.1M
Interest Expense28.8M28.8M28.9M17.3M

Selective Insurance income statement Correlations

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0.491.0-0.290.63-0.11-0.05-0.180.320.340.730.25-0.650.09-0.45-0.580.230.350.00.02-0.080.630.71
0.481.0-0.290.63-0.11-0.05-0.180.320.340.730.25-0.650.09-0.45-0.580.230.350.00.02-0.080.630.71
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0.670.250.250.460.130.740.750.580.970.890.36-0.48-0.48-0.25-0.010.710.850.390.7-0.64-0.18-0.08
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0.690.350.350.460.060.720.740.560.840.820.520.85-0.39-0.46-0.330.00.770.30.62-0.72-0.02-0.1
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-0.63-0.08-0.08-0.660.29-0.75-0.75-0.64-0.67-0.42-0.14-0.640.410.440.18-0.32-0.47-0.72-0.07-0.880.240.41
-0.080.630.63-0.750.59-0.52-0.48-0.64-0.19-0.090.45-0.18-0.230.50.02-0.6-0.27-0.020.13-0.40.240.76
0.00.710.71-0.820.92-0.67-0.63-0.7-0.070.00.36-0.08-0.280.43-0.04-0.86-0.22-0.10.0-0.420.410.76
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Selective Insurance Account Relationship Matchups

Selective Insurance income statement Accounts

202020212022202320242025 (projected)
Interest Expense30.8M29.2M28.8M28.8M28.9M17.3M
Total Revenue2.9B3.4B3.6B101.2M65.4M62.1M
Gross Profit2.9B3.4B3.5B91.6M65.4M62.1M
Other Operating Expenses2.6B2.8B3.2B4.2B4.9B5.1B
Operating Income334.1M534.5M309.0M474.5M(4.8B)(4.6B)
Ebit333.8M534.5M309.0M487.2M560.3M588.3M
Ebitda393.2M589.6M351.4M517.3M594.8M624.6M
Total Operating Expenses2.6B2.8B3.2B4.2B4.9B5.1B
Net Income246.4M403.8M224.9M365.2M207.0M115.0M
Income Tax Expense56.6M101.5M55.3M93.2M51.0M29.6M
Depreciation And Amortization59.4M55.1M42.3M30.0M34.5M29.6M
Income Before Tax303.0M505.3M280.2M458.4M258.0M176.5M
Total Other Income Expense Net(2.6B)(2.8B)(3.2B)(16.1M)258.0M270.9M
Cost Of Revenue(180K)2.1B9.4M9.6M8.7M8.2M
Net Income Applicable To Common Shares271.6M246.4M394.4M215.7M248.0M143.9M
Selling General Administrative25.4M28.3M31.1M30.7M35.3M23.6M
Net Income From Continuing Ops359.6M403.8M224.9M326.9M207.0M261.4M
Tax Provision56.6M101.5M55.3M82.3M51.0M73.2M
Net Interest Income(30.8M)(29.2M)(28.8M)(28.9M)(28.9M)(30.3M)
Reconciled Depreciation59.4M55.1M42.3M31.4M34.8M37.5M

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When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.43
Earnings Share
3.23
Revenue Per Share
79.871
Quarterly Revenue Growth
0.131
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.