Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Selective Insurance Group (NAS:SIGI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Selective Insurance Group Net Margin % Related Terms
Selective Insurance Group Net Margin % Historical Data
* 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.
For the Insurance - Property & Casualty subindustry, Selective Insurance Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Selective Insurance Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Selective Insurance Group's Net Margin % falls into.
* 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.
Selective Insurance Group (SIGI) has a Net Margin % of 9.33% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Selective Insurance Group and its competitors. This is 21% above median its historical median of 7.69. Over the past decade, Selective Insurance Group's Net Margin % has ranged from 4.26 to 11.95. According to the industry distribution chart, Selective Insurance Group ranks #252 out of 499 companies in the Insurance industry, placing it in the top 50.5%.
Is Selective Insurance Group's Net Margin % too high?
Selective Insurance Group's current Net Margin % of 9.33% is 21% above median its 10-year median of 7.69. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 11.95. The Insurance industry median Net Margin % is 9.15. Selective Insurance Group's value of 9.33% is 2% above this industry median. Based on the distribution chart, Selective Insurance Group ranks #252 out of 499 companies in the Insurance industry, which is below the industry midpoint. Overall, Selective Insurance Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Selective Insurance Group's Net Margin % compare to RLI and MCY?
According to the Insurance industry distribution chart, Selective Insurance Group ranks #252 out of 499 companies for Net Margin %. This places Selective Insurance Group in the lower half of its industry. The industry median Net Margin % is 9.15. Selective Insurance Group's value of 9.33% is 2% above this benchmark. Historically, Selective Insurance Group's own Net Margin % has ranged from 4.26 to 11.95 over the past decade. While the company's 10-year median is 7.69 vs. the industry median of 9.15, Selective Insurance Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.15, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Selective Insurance Group's current Net Margin % of 9.33% is 2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Selective Insurance Group and its competitors. For the Insurance industry, the median Net Margin % is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Selective Insurance Group's current Net Margin % is 9.33%, which is 21% above median its own 10-year median of 7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Selective Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Selective Insurance Group (SIGI) is currently considered Fairly Valued. The stock's GF Value™ is $100.41, compared to a current price of $96.47 — trading 3.9% below its estimated fair value. The current Net Margin % is 9.33%, which is 21% above median its 10-year median of 7.69 and 2% above the Insurance industry median of 9.15. Selective Insurance Group's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Selective Insurance Group (SIGI), the current Net Margin % is 9.33% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Selective Insurance Group (SIGI) Overvalued in 2026?
Based on GuruFocus' analysis, Selective Insurance Group stock appears to be undervalued.
The current stock price of $96.47 is trading 3.9% below its estimated GF Value™ of $100.41.
GuruFocus considers Selective Insurance Group to be Fairly Valued.
Key valuation signals for SIGI:
Net Margin %: 9.33% (21% above median its 10-year median of 7.69)
GF Value™: $100.41 vs. price of $96.47 (3.9% below fair value)
Industry Position: 2% above the Insurance median (#252 of 499)
No single metric tells the full story. See the SIGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. The Company has four operating segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. Majority of revenue is gained from Standard Commercial Lines segment, which comprises of property and casualty insurance products and services provided in the standard marketplace to commercial enterprises, which are typically businesses, non-profit organizations, and local government agencies.
82GF Score
Get the complete analysis for SIGI
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SIGI has been successfully added to your 
