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Selective Insurance Group (Selective Insurance Group) Gross-Profit-to-Asset % : 39.06% (As of Mar. 2024)


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What is Selective Insurance Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Selective Insurance Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $4,659.84 Mil. Selective Insurance Group's average Total Assets over the quarter that ended in Mar. 2024 was $11,929.33 Mil. Therefore, Selective Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 39.06%.


Selective Insurance Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Selective Insurance Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Selective Insurance Group Gross-Profit-to-Asset % Chart

Selective Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.99 31.62 33.54 33.47 37.45

Selective Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.66 37.44 38.19 38.25 39.06

Competitive Comparison of Selective Insurance Group's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, Selective Insurance Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Selective Insurance Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Selective Insurance Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Selective Insurance Group's Gross-Profit-to-Asset % falls into.



Selective Insurance Group Gross-Profit-to-Asset % Calculation

Selective Insurance Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=4232.281/( (10802.261+11802.546)/ 2 )
=4232.281/11302.4035
=37.45 %

Selective Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4659.836/( (11802.546+12056.115)/ 2 )
=4659.836/11929.3305
=39.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Selective Insurance Group Gross-Profit-to-Asset % Related Terms

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Selective Insurance Group (Selective Insurance Group) Business Description

Traded in Other Exchanges
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.

Selective Insurance Group (Selective Insurance Group) Headlines