Selective Insurance Gross Margin 2010-2025 | SIGI
- Selective Insurance average gross margin for 2024 was 36.88%, a 10.03% decline from 2023.
- Selective Insurance average gross margin for 2023 was 40.99%, a 2.73% decline from 2022.
- Selective Insurance average gross margin for 2022 was 42.14%, a 10.66% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.