RLI Corp.

RLI Financial Insurance Property & Casualty

RLI Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 6.33% from fiscal 2024. In the quarter to June 2026, revenue grew 15.2%, EPS grew 35.8%, free cash flow fell 17.9% and total debt rose 48.5%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

57.63 0.53 +0.93%
Market cap
$5.2B
P/E
12.1×
Fwd P/E
19.5×
Dividend yield
0.90%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
14.67 22.01 20.42 10.40 18.35 30.19 21.23 48.25 25.10 23.88
Piotroski F-Score
6 6 4 6 7 5 8 5 4 4
P/S ratio
3.12 4.26 4.08 3.54 4.30 4.77 4.01 3.74 3.29 3.30
P/FCF ratio
9.65 13.58 13.44 24.54 13.46 18.20 14.92 14.49 13.90 16.86
P/Operating CF
37.48 58.90 50.49 (185.29) 48.54 46.87 44.67 56.96 50.77 52.41
P/B ratio
3.30 4.96 4.36 5.11 4.12 4.13 4.05 3.79 3.07 3.28
Price to Tangible BV
3.41 5.14 4.53 5.35 4.31 4.33 4.28 4.07 3.30 3.55
EV/Sales
3.20 4.35 4.18 3.76 4.39 4.85 4.12 3.89 3.44 3.46
EV/EBITDA
11.69 17.56 16.87 8.89 16.45 26.94 18.83 53.93 36.69 18.40
EV/Operating CF
9.81 13.75 13.63 25.50 13.46 18.14 14.91 14.65 13.89 16.21
EV/FCF
9.90 13.87 13.80 26.08 13.76 18.54 15.30 15.06 14.56 17.67
Quick Ratio
0.27 0.29 0.32 0.34 0.35 0.32 0.31 0.31 0.29 0.30
Current Ratio
0.27 0.29 0.32 0.34 0.35 0.32 0.31 0.31 0.29 0.30
Net Debt/EBITDA
0.09 0.36 0.17 0.52 0.34 0.47 0.45 1.80 1.53 0.81
Debt/Assets
1.62% 3.55% 1.93% 8.39% 4.43% 3.80% 4.21% 4.80% 5.05% 5.35%
Debt/Equity
0.06 0.13 0.07 0.34 0.16 0.13 0.15 0.18 0.17 0.18
Asset Turnover
0.32 0.33 0.30 0.37 0.28 0.26 0.30 0.27 0.28 0.30
Operating CF/Net income
1.52 1.62 1.52 0.43 1.38 1.68 1.45 3.38 1.88 1.52
Capex/Depreciation
(0.68) (0.61) (0.69) (0.69) (1.12) (0.78) (0.85) (0.84) (1.31) (2.25)
Interest Coverage
96.17 69.30 51.36 89.33 41.02 23.31 28.91 7.93 10.07 20.69
ROE
24.44% 23.56% 23.51% 48.48% 23.62% 14.74% 21.27% 7.73% 12.52% 13.95%
ROA
6.84% 6.40% 6.12% 12.58% 6.61% 4.20% 5.76% 2.12% 3.67% 4.17%
ROIC
17.63% 16.30% 15.87% 28.91% 14.69% 9.05% 12.48% 3.98% 4.78% 10.07%
Return on Tangible Assets
(13.57%) (12.56%) (12.99%) (27.57%) (15.37%) (9.76%) (13.05%) (4.75%) (8.59%) (10.42%)
Average Days of Receivables
210.12 229.04 263.33 229.59 280.51 271.57 232.23 262.67 226.30 208.71
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
0.90% 0.90% 1.05% 0.76% 1.13% 1.04% 1.26% 1.15% 1.42% 1.25%
Intangible Assets out of Total Assets
0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.02
Share Based Compensation of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Graham Net Nets
(0.55) (0.39) (0.43) (0.42) (0.45) (0.43) (0.46) (0.55) (0.60) (0.54)
Graham Number
43.58 37.43 33.98 43.12 30.56 22.13 23.04 12.10 16.08 16.52
Earnings Yield
6.81% 4.54% 4.90% 9.62% 5.45% 3.31% 4.71% 2.07% 3.98% 4.19%
Free Cash Flow Yield
10.36% 7.36% 7.44% 4.08% 7.43% 5.49% 6.70% 6.90% 7.19% 5.93%
Revenue per Share
20.50 19.34 16.58 18.71 13.04 10.93 11.22 9.22 9.05 9.32
Operating CF per Share
6.69 6.12 5.09 2.76 4.26 2.93 3.10 2.45 2.24 1.99
Capex per Share
(0.06) (0.05) (0.06) (0.06) (0.09) (0.06) (0.08) (0.07) (0.10) (0.17)
Free Cash Flow per Share
6.63 6.07 5.03 2.70 4.16 2.86 3.02 2.38 2.14 1.83
Cash per Share
0.56 0.43 0.40 0.25 0.98 0.69 0.52 0.34 0.28 0.21
Shareholders Equity per Share
19.36 16.63 15.50 12.98 13.59 12.62 11.13 9.09 9.69 9.41
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
19.36 16.63 15.50 12.98 13.59 12.62 11.13 9.09 9.69 9.41
Free Cash Flow
608.70 555.52 458.37 244.93 376.60 257.49 269.96 211.18 188.42 160.00
Working Capital
(3,012.37) (2,795.83) (2,391.50) (2,165.83) (1,870.04) (1,660.56) (1,522.14) (1,406.68) (1,278.88) (1,157.98)
Capital Expenditures
(5.52) (4.70) (5.89) (5.51) (8.31) (5.77) (6.95) (5.92) (9.11) (14.47)
Net Current Asset Value
(3,248.03) (2,956.13) (2,639.47) (2,498.86) (2,283.86) (2,008.44) (1,865.59) (1,679.33) (1,575.10) (1,469.01)
EV/EBIT
11.69 17.56 16.87 8.89 16.45 26.94 18.83 53.93 36.69 18.40
Capex to Sales
0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.02
Price to Operating Income
11.40 17.19 16.44 8.36 16.10 26.45 18.36 51.91 35.02 17.55
Other line items
Depreciation/Fixed assets
0.20 0.18 0.18 0.16 0.14 0.14 0.15 0.13 0.12 0.12
Cash ROIC
31.54% 31.53% 29.57% 15.31% 24.81% 19.11% 22.67% 21.42% 18.35% 16.15%
Accounts Receivable Turnover
1.72 1.61 1.40 1.72 1.44 1.44 1.64 1.51 1.66 1.70
Accounts Payable Turnover
0.32 0.34 0.31 0.30 0.30 0.32 0.34 0.37 0.39 0.38
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
1,158.87 1,129.10 1,216.93 1,305.49 1,304.66 1,190.46 1,112.63 1,038.70 973.51 968.87
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
1,097.30 1,100.86 1,079.43 987.16 819.06 685.19 613.65 541.51 480.53 480.56
Average Payables
3,820.66 3,566.07 3,285.84 2,964.34 2,572.78 2,259.48 2,060.35 1,862.51 1,667.81 1,577.24
Average Assets
5,895.14 5,404.51 4,973.64 4,637.69 4,223.39 3,742.10 3,325.39 3,026.15 2,862.44 2,756.55
Average Common Equity
1,650.08 1,467.74 1,295.43 1,203.35 1,182.67 1,065.68 901.12 830.22 838.58 823.52

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Columns are period end dates