Old Republic International Corporation

ORI Financial Insurance Property & Casualty

Old Republic International Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.1 billion, up 11.0% from fiscal 2024.

Revenue
+5.21%
EPS
−11.6%
Free cash flow
−23.9%
Total debt
+10.1%

Quarter to September 2026, against a year earlier

39.86 1.08 +2.78%
Market cap
$9.3B
P/E
8.5×
Fwd P/E
8.9×
Dividend yield
3.19%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Old Republic International Corporation (ORI) Operating margin

Alert me on Operating margin

Old Republic International Corporation's operating margin over the twelve months to 30 September 2026 was 14.9%, up 0.9 percentage points from fiscal 2025 (13.9%). Over the past ten years it has ranged from 7.99% (fiscal 2018) to 21.4% (fiscal 2021); the current reading is higher than 73% of that period. That is in line with the Insurance Property & Casualty industry median of 14.7% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 13.9% (0.31)
FY2024 14.2% 2.72
FY2023 11.5% (0.09)
FY2022 11.6% (9.83)
FY2021 21.4% 10.94
FY2020 10.5% (8.15)
FY2019 18.6% 10.64
FY2018 7.99% (4.91)
FY2017 12.9% 0.11
FY2016 12.8% 0.79

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 11.7% (5.94)
Jun 2026 17.6% (0.55)
Mar 2026 18.2% 6.16
Dec 2025 12.0% (3.27)
43 more quarters

Against its own ten years

Low 7.99% High 21.4%
Ten-year median 12.8%
Current reading's percentile 72

Operating margin against peers

Company Operating margin
KNSL Kinsale Capital Group, Inc. compare 34.3%
RLI RLI Corp. compare 26.4%
AFG American Financial Group, Inc. compare 15.6%
ORI Old Republic International Corporation 14.9%
THG The Hanover Insurance Group, Inc. compare 14.7%
MCY Mercury General Corporation compare 13.4%
SIGI Selective Insurance Group, Inc. compare 12.8%
AIZ Assurant, Inc. compare 10.7%
CNA CNA Financial Corporation compare 9.38%
Insurance Property & Casualty industry median 14.7%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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