Filing Flows › Selective Insurance Group (SIGI) › Q1 2025
Selective Insurance Group (SIGI) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Selective Insurance Group (SIGI) reported revenue of $1.3B for the first quarter 2025 (Q1 2025), +10% from a year earlier and +2% from the quarter before. Operating margin was 10.8%, net earnings $110M (8.6% of revenue).
Selective Insurance Group, Q1 2025: revenue $1.3B (+10% year over year), operating margin 10.8%, net earnings $110M, operating cash flow $284M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +2% | +10% |
| Operating profit | $139M | +17% | +35% |
| Net earnings | $110M | +15% | +33% |
| Operating cash flow | $284M | -15% | +149% |
| Free cash flow | $271M | -17% | +151% |
What changed
Revenue was $1.3B in Q1 2025, up 10% year over year and up 2% from the previous quarter.
Operating profit was $0.14B, a 10.8% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 9% margin then. Total costs grew 8% against revenue growth of 10%. Net earnings were $0.11B, up 33% year over year. The effective tax rate was 20.9%.
Operating cash flow was $0.28B (up 149% year over year), 258% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.15B. Capital expenditures of $0.01B left free cash flow of $0.27B.
Questions
What was Selective Insurance Group's revenue in the first quarter 2025?
Selective Insurance Group (SIGI) reported revenue of $1.3B for the first quarter 2025 (Q1 2025), +10% from a year earlier and +2% from the quarter before.
Was Selective Insurance Group profitable in the first quarter 2025?
Operating profit was $139M (10.8% of revenue) and net earnings $110M.