SelectQuote, Inc. (SLQT) Stock

SelectQuote, Inc. (SLQT) is a Financials stock trading at $0.53 (as of 2026-09-02), with a market capitalization of $94.31M and a trailing P/E of 1.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SelectQuote, Inc. runs a technology-enabled direct-to-consumer platform that distributes insurance policies to consumers in the United States from multiple insurance carriers. Its offerings cover senior health products, term life insurance, and non-commercial auto and home property and casualty policies.

Understand SelectQuote, Inc.: how it makes money

SelectQuote is a digital insurance marketplace that sells senior health, life, and auto/home policies to U.S. consumers, earning commissions from the carriers that underwrite each policy. Senior and healthcare plans drive the bulk of revenue, with a thin-margin agency model entirely dependent on carrier fee schedules and customer acquisition costs.

Carriers underwrite the risk; SelectQuote earns a commission on every policy placed, so the profit spread is acquisition cost versus commission received, which is why operating margins hover near 1%.

Revenue by segment (latest quarter)
Senior	$0.3B
Life	$0.0B
Auto & Home	$0.0B
Other	$0.1B

Business quality (Weak): Revenue is declining (down 7% YoY) and operating margins sit at a razor-thin 1%, yet the stock trades at 1.7x earnings versus 13x for the insurance industry, pricing in substantial doubt about the model's durability.

Valuation: At 2× earnings, SLQT trades 87% below the Insurance average (13×). Note: the low multiple may reflect one-time earnings items.

Bull case

Priced for permanent impairment: The stock trades at a P/E of 1.7x versus the insurance industry average of 13x, a discount of 87%. Even a modest stabilization in revenue and margins would imply a large multiple re-rating.
Aging book is structurally growing: Senior Segment Revenue reached $180M, or 60% of total revenue, tapping the fastest-growing insurance buyer pool in the U.S. as the Medicare-eligible population expands every year.

Bear case

Top-line erosion signals share loss: Quarterly revenue fell to $300M, down 7% year over year. For a distribution platform, shrinking premium volume implies carriers are cutting commission rates or consumers are migrating to direct channels.
No cushion in the P&L: With an operating margin of just 1%, any meaningful rise in digital acquisition costs or a modest carrier commission cut pushes the company to breakeven or below, eliminating all shareholder returns.

Valuation — source: SEC EDGAR (first-party)
Price	$0.53
Market Cap	$94.31M
P/E Ratio	1.5
EV / EBITDA	4.8
Price / Book	0.27
Price / Sales	0.06
FCF Yield	29.3%
DCF Value (model)	$3.36
DCF Upside vs Price	529.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.62B
Net Margin	3.8%
Revenue Growth (YoY)	6.0%
EPS Growth (YoY)	-142.9%
FCF Growth (YoY)	-299.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.48 (distress)
Piotroski F-Score	6/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	1.5
Sector P/E (Financials)	14.9
Industry P/E (Insurance)	12.1
vs Sector	-89.8%
vs Industry	-87.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($11.41M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Insurance
CEO	Timothy Robert Danker
Employees	4,292
Country	US
IPO Date	2020-05-21

SelectQuote, Inc. earnings call transcripts

SLQT Q4 FY26 earnings call transcript (reported 2026-08-25) · analysis
SLQT Q1 FY25 earnings call transcript (reported 2024-11-04) · analysis

All SLQT earnings calls

Related Companies (Insurance; 8 comparable insurers)

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.