Old Republic International Corporation (ORI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ORI SEC filings page.
Old Republic International Corporation (ORI) reported $9.7B in revenue over the twelve months to Jun 30, 2026, up 12.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business turns reported profit into cash, but rising leverage and shareholder distributions increasingly shape how its balance sheet is financed.
Operating cash flow exceeded net income in both FY2024 and FY2025, so reported earnings were accompanied by cash generation rather than depending solely on accruals. Reported debt-to-equity rose from 3.1x in FY2023 to 4.0x in FY2025 while equity declined, linking shareholder payouts with a more leveraged financing structure.
Profitability recovered faster than revenue: net margin moved from
FY2025 financing cash flow was an outflow of
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Old Republic International Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Old Republic International Corporation scores 84/100 on it among other insurers.
Old Republic International Corporation reported revenue of $9.1B in fiscal year 2025, against $8.2B in fiscal year 2024. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and Old Republic International Corporation scores 59/100 among other insurers.
Old Republic International Corporation funded 19.8% of its assets with shareholders' equity at the end of fiscal year 2025, holding $5.9B of equity against $29.9B of assets. Capital ranks insurers on that cushion, and Old Republic International Corporation scores 36/100 among other insurers.
Not available for Old Republic International Corporation, and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Old Republic International Corporation scores 39/100 on it among other insurers.
Old Republic International Corporation reported net income of $935.4M in fiscal year 2025, against $852.7M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Old Republic International Corporation scores 73/100 among other insurers.
Old Republic International Corporation passes 6 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Old Republic International Corporation generates $1.24 in operating cash flow ($1.2B OCF vs $935.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Old Republic International Corporation generated $2.5B in revenue in Q2 2026. This represents an increase of 13.4% from the same quarter a year earlier. Against the prior quarter it is up 4.4%.
Old Republic International Corporation reported $322.3M in net income in Q2 2026. This represents an increase of 57.7% from the same quarter a year earlier. Against the prior quarter it is down 2.3%.
Old Republic International Corporation earned $1.31 per diluted share (EPS) in Q2 2026. This represents an increase of 61.7% from the same quarter a year earlier. Against the prior quarter it is down 0.8%.
Not reported for Q2 2026.
Cash & Balance Sheet
Old Republic International Corporation held $417.7M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Old Republic International Corporation's net profit margin was 12.9% in Q2 2026, showing the share of revenue converted to profit. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.
Old Republic International Corporation's ROE was 5.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Old Republic International Corporation spent $60.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 62.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
ORI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B+13.4% | $2.4B+13.5% | $2.4B+19.4% | $2.4B+3.5% | $2.2B+18.0% | $2.1B+4.9% | $2.0B+3.1% | $2.3B+33.0% |
| SG&A Expenses | $467.2M+1.0% | $490.1M+11.1% | N/A | $457.9M+7.9% | $462.6M+11.9% | $441.1M+7.9% | N/A | $424.3M |
| Income Tax | $85.7M+65.8% | $83.8M+36.0% | N/A | $72.8M-17.3% | $51.7M+141.6% | $61.6M-24.8% | N/A | $88.0M+678.8% |
| Net Income | $322.3M+57.7% | $330.0M+34.7% | $206.3M+96.3% | $279.5M-17.5% | $204.4M+122.7% | $245.0M-22.6% | $105.1M-44.9% | $338.9M+544.3% |
| EPS (Basic) | $1.34+61.4% | $1.36+34.7% | $0.84+95.3% | $1.14-15.6% | $0.83+137.1% | $1.01-13.7% | $0.43-38.6% | $1.35+610.5% |
| EPS (Diluted) | $1.31+61.7% | $1.32+34.7% | $0.82+95.2% | $1.11-15.9% | $0.81+131.4% | $0.98-14.8% | $0.42-39.1% | $1.32+594.7% |
| Diluted Shares (Avg) | 246M-1.9% | 249M-0.1% | 251M-0.7% | 251M-2.2% | 251M-5.5% | 250M-9.4% | 253M-8.8% | 257M-8.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense.
ORI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.6B+8.0% | $29.6B+5.6% | $29.9B+7.3% | $30.3B+4.9% | $29.3B+6.3% | $28.0B+3.6% | $27.8B+5.1% | $28.8B+9.3% |
| Cash & Equivalents | $417.7M+134.5% | $202.1M-23.4% | $263.2M+30.4% | $242.5M-53.8% | $178.1M+5.3% | $263.7M+92.6% | $201.9M-0.4% | $525.2M+245.3% |
| Short-Term Investments | $2.2B+83.7% | $1.0B+0.8% | $1.6B+15.0% | $1.5B+10.2% | $1.2B-24.3% | $1.0B-22.6% | $1.4B+35.9% | $1.3B+14.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $173.2M-3.6% | N/A | N/A | N/A | $179.6M+0.7% | N/A |
| Total Liabilities | $25.5B+10.6% | $23.7B+7.2% | $23.9B+7.7% | $23.8B+6.3% | $23.1B+7.2% | $22.1B+6.9% | $22.2B+10.6% | $22.4B+9.3% |
| Total Equity | $6.1B-1.8% | $5.9B-0.1% | $5.9B+5.3% | $6.4B-0.3% | $6.2B+2.6% | $5.9B-7.6% | $5.6B-12.4% | $6.4B+9.0% |
| Retained Earnings | $5.9B-0.1% | $5.7B-1.2% | $5.5B-0.1% | $6.0B-1.6% | $5.9B-1.0% | $5.7B-2.9% | $5.5B-2.2% | $6.1B+11.1% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
ORI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $199.7M+49.3% | $281.4M+21.5% | $234.9M-35.1% | $563.9M+18.8% | $133.8M-43.4% | $231.7M+44.5% | $361.7M+27.6% | $474.8M+35.7% |
| Investing Cash Flow | -$537.1M-281.5% | $518.2M+21.0% | -$83.7M-83.6% | -$381.1M-432.8% | -$140.8M-149.9% | $428.4M+220.6% | -$45.6M+60.0% | $114.5M+203.7% |
| Financing Cash Flow | $553.2M+804.7% | -$860.8M-43.9% | -$130.5M+79.6% | -$118.3M+49.3% | -$78.5M+83.7% | -$598.4M-566.0% | -$639.2M-442.2% | -$233.4M-27.2% |
| Dividends Paid | $76.6M+4.9% | $693.8M+22.2% | $70.8M+9.1% | $70.9M+6.8% | $73.0M+5.6% | $567.9M+694.3% | $64.9M-3.0% | $66.4M-1.8% |
| Share Buybacks | $60.2M | $159.8M+531.6% | $55.2M-68.3% | $43.3M-73.7% | $0-100.0% | $25.3M-87.0% | $174.4M+212.5% | $164.9M+31.4% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
ORI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 12.9%+3.6pp | 13.8%+2.2pp | 8.6%+3.4pp | 11.5%-2.9pp | 9.3%+4.4pp | 11.6%-4.1pp | 5.3%-4.6pp | 14.5%+11.5pp |
| Return on Equity | 5.3%+2.0pp | 5.6%+1.4pp | 3.5%+1.6pp | 4.3%-0.9pp | 3.3%+1.8pp | 4.1%-0.8pp | 1.9%-1.1pp | 5.3%+4.4pp |
| Return on Assets | 1.0%+0.3pp | 1.1%+0.3pp | 0.7%+0.3pp | 0.9%-0.3pp | 0.7%+0.4pp | 0.9%-0.3pp | 0.4%-0.3pp | 1.2%+1.0pp |
| Debt-to-Equity | 4.20+0.5x | 4.00+0.3x | 4.05+0.1x | 3.71+0.2x | 3.73+0.2x | 3.73+0.5x | 3.96+0.8x | 3.480.0x |
| Asset Turnover | 0.080.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.070.0x | 0.080.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Old Republic International Corporation ORI | FY2025 | $9.1B | $935.4M | 10.2% | $9.3B | 49/100 |
| Kinsale Capital Group, Inc. KNSL | FY2025 | $1.9B | $503.6M | 26.9% | $7.7B | 59/100 |
| Assurant, Inc. AIZ | FY2025 | $12.8B | $872.7M | 6.8% | $13.4B | 36/100 |
| American Financial Group, Inc. AFG | FY2025 | $8.2B | $842.0M | 10.3% | $12.0B | 37/100 |
| CNA Financial Corporation CNA | FY2025 | $15.0B | $1.3B | 8.5% | $12.6B | 35/100 |
| Markel Group Inc. MKL | FY2025 | $15.5B | $2.1B | 13.6% | $22.2B | 24/100 |
Where Old Republic International Corporation Ranks
Frequently Asked Questions
What is Old Republic International Corporation's annual revenue?
Old Republic International Corporation (ORI) reported $9.1B in total revenue for fiscal year 2025. This represents a 11.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Old Republic International Corporation's revenue growing?
Old Republic International Corporation (ORI) revenue grew by 11.0% year-over-year, from $8.2B to $9.1B in fiscal year 2025.
Is Old Republic International Corporation profitable?
Yes, Old Republic International Corporation (ORI) reported a net income of $935.4M in fiscal year 2025, with a net profit margin of 10.2%.
What is Old Republic International Corporation's net profit margin?
Old Republic International Corporation (ORI) had a net profit margin of 10.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Old Republic International Corporation pay dividends?
Yes, Old Republic International Corporation (ORI) paid $3.66 per share in dividends during fiscal year 2025.
What is Old Republic International Corporation's return on equity (ROE)?
Old Republic International Corporation (ORI) has a return on equity of 15.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Old Republic International Corporation's operating cash flow?
Old Republic International Corporation (ORI) generated $1.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Old Republic International Corporation's total assets?
Old Republic International Corporation (ORI) had $29.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Old Republic International Corporation's debt-to-equity ratio?
Old Republic International Corporation (ORI) had a debt-to-equity ratio of 4.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Old Republic International Corporation's return on assets (ROA)?
Old Republic International Corporation (ORI) had a return on assets of 3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Old Republic International Corporation's P/E ratio?
Old Republic International Corporation (ORI) trades at 8.1x earnings, its market capitalization divided by net income of $1.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $9.3B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Old Republic International Corporation's price-to-sales ratio?
Old Republic International Corporation (ORI) trades at 1.0x sales, its market capitalization divided by revenue of $9.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $9.3B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Old Republic International Corporation's Piotroski F-Score?
Old Republic International Corporation (ORI) has a Piotroski F-Score of 6 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Old Republic International Corporation's earnings high quality?
Old Republic International Corporation (ORI) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Old Republic International Corporation?
Old Republic International Corporation (ORI) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.