Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 11.02% is in line with its 5-year average of 10.08%, near the high end of its 5-year range (-6.70%–18.23%).
5.46% above its 12-month average of 10.45%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 12.69%.
OPERATING MARGIN
11.02%
OPERATING MARGIN AVG TTM
10.45%
OPERATING MARGIN AVG 3Y
9.84%
OPERATING MARGIN AVG 5Y
10.08%
OPERATING MARGIN AVG 10Y
10.03%
OPERATING MARGIN AVG 15Y
9.56%
OPERATING MARGIN AVG 20Y
8.50%
CURRENT VS TTM AVG
+5.46%
CURRENT VS 3Y AVG
+12.00%
CURRENT VS 5Y AVG
+9.35%
CURRENT VS 10Y AVG
+9.84%
CURRENT VS 15Y AVG
+15.27%
CURRENT VS 20Y AVG
+29.66%
SECTOR MEDIAN · FINANCIAL SERVICES
16.09%
median of 716 covered companies
CURRENT VS SECTOR MEDIAN
-31.51%
vs the sector median at left
Selective Insurance Group, Inc.
Market Cap
$5.34B
Operating Margin
11.02%
TTM Avg
10.45%
3Y Avg
9.84%
5Y Avg
10.08%
Market Cap
$5.34B
Operating Margin
31.98%
TTM Avg
30.44%
3Y Avg
28.24%
5Y Avg
21.41%
Market Cap
$5.38B
Operating Margin
14.48%
TTM Avg
16.79%
3Y Avg
22.39%
5Y Avg
27.74%
Market Cap
$5.39B
Operating Margin
14.48%
TTM Avg
16.79%
3Y Avg
22.39%
5Y Avg
27.74%
Market Cap
$5.09B
Operating Margin
80.71%
TTM Avg
77.53%
3Y Avg
73.88%
5Y Avg
64.77%
Market Cap
$5.06B
Operating Margin
29.52%
TTM Avg
30.66%
3Y Avg
32.85%
5Y Avg
36.53%
Market Cap
$5.61B
Operating Margin
43.42%
TTM Avg
31.43%
3Y Avg
29.97%
5Y Avg
31.29%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Selective Insurance Group, Inc. (SIGIP) | $5.34B | 11.02% | 10.45% | 9.84% | 10.08% |
| Marex Group Limited (MRX)vs › | $5.34B | 31.98% | 30.44% | 28.24% | 21.41% |
| Valley National Bancorp (VLYPP)vs › | $5.38B | 14.48% | 16.79% | 22.39% | 27.74% |
| Valley National Bancorp (VLYPO)vs › | $5.39B | 14.48% | 16.79% | 22.39% | 27.74% |
| Bank OZK (OZKAP)vs › | $5.17B | 32.35% | 33.44% | 39.41% | 42.18% |
| RLI Corp. (RLI)vs › | $5.14B | 28.42% | 25.84% | 29.77% | 27.90% |
| Main Street Capital Corporation (MAIN)vs › | $5.09B | 80.71% | 77.53% | 73.88% | 64.77% |
| Axos Financial, Inc. (AX)vs › | $5.06B | 29.52% | 30.66% | 32.85% | 36.53% |
| Credit Acceptance Corporation (CACC)vs › | $5.61B | 43.42% | 31.43% | 29.97% | 31.29% |
| BGC Group, Inc (BGC)vs › | $5.62B | 11.93% | 9.46% | 9.33% | 7.71% |
Operating Margin
11.0%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 12.69% |
| 2026-03-31 | 9.19% |
| 2025-12-31 | 11.44% |
| 2025-09-30 | 10.71% |
| 2025-06-30 | 8.21% |
| 2025-03-31 | 10.81% |
| 2024-12-31 | 9.48% |
| 2024-09-30 | 9.36% |
| 2024-06-30 | -6.70% |
| 2024-03-31 | 8.80% |
| 2023-12-31 | 14.13% |
| 2023-09-30 | 10.41% |
| 2023-06-30 | 7.13% |
| 2023-03-31 | 11.48% |
| 2022-12-31 | 11.32% |
| 2022-09-30 | 5.88% |
| 2022-06-30 | 5.77% |
| 2022-03-31 | 8.26% |
| 2021-12-31 | 15.70% |
| 2021-09-30 | 10.71% |
| 2021-06-30 | 18.23% |
| 2021-03-31 | 16.87% |
| 2020-12-31 | 19.92% |
| 2020-09-30 | 10.98% |
| 2020-06-30 | 6.26% |
| 2020-03-31 | 2.41% |
| 2019-12-31 | 13.90% |
| 2019-09-30 | 10.02% |
| 2019-06-30 | 12.74% |
| 2019-03-31 | 10.54% |
| 2018-12-31 | 8.11% |
| 2018-09-30 | 10.10% |
| 2018-06-30 | 11.12% |
| 2018-03-31 | 3.18% |
| 2017-12-31 | 10.75% |
| 2017-09-30 | 10.83% |
| 2017-06-30 | 9.59% |
| 2017-03-31 | 11.25% |
| 2016-12-31 | 8.64% |
| 2016-09-30 | 9.53% |
| 2016-06-30 | 10.96% |
| 2016-03-31 | 9.41% |
| 2015-12-31 | 11.69% |
| 2015-09-30 | 12.18% |
| 2015-06-30 | 8.96% |
| 2015-03-31 | 10.74% |
| 2014-12-31 | 11.36% |
| 2014-09-30 | 14.62% |
| 2014-06-30 | 7.80% |
| 2014-03-31 | 4.93% |
| 2013-12-31 | 7.02% |
| 2013-09-30 | 9.14% |
| 2013-06-30 | 7.72% |
| 2013-03-31 | 6.28% |
| 2012-12-31 | -1.15% |
| 2012-09-30 | 4.65% |
| 2012-06-30 | -0.16% |
| 2012-03-31 | 5.53% |
| 2011-12-31 | 4.97% |
| 2011-09-30 | -9.51% |
| 2011-06-30 | -0.02% |
| 2011-03-31 | 6.48% |
| 2010-12-31 | 7.46% |
| 2010-09-30 | 5.66% |
| 2010-06-30 | 5.89% |
| 2010-03-31 | 1.95% |
| 2009-12-31 | 6.69% |
| 2009-09-30 | 5.59% |
| 2009-06-30 | 3.25% |
| 2009-03-31 | -5.88% |
| 2008-12-31 | -6.80% |
| 2008-09-30 | 0.38% |
| 2008-06-30 | 8.33% |
| 2008-03-31 | 6.06% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 10.26% |
| 2007-06-30 | 10.34% |
| 2007-03-31 | 10.65% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 11.24% |
| 2006-06-30 | 12.58% |
| 2006-03-31 | 12.26% |
| 2005-12-31 | 13.29% |
| 2005-09-30 | 12.46% |
| 2005-06-30 | 10.26% |
| 2005-03-31 | 11.99% |
| 2004-12-31 | 14.63% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 5.50% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 2.92% |
| 2002-12-31 | 5.60% |
| 2002-09-30 | 4.61% |
