Kinsale Capital Group, Inc. (KNSL) vs RLI Corp. (RLI)

Kinsale Capital Group, Inc. and RLI Corp. are both Insurance Property & Casualty companies. Kinsale Capital Group, Inc. is the larger, with a market value of $7.8B against $5.2B — 1.5× the size. RLI Corp. trades at the lower P/E: 11.7× against 13.3×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 15.8% against 8.69%. Kinsale Capital Group, Inc. has the higher net margin (28.5% vs 22.2%) and the higher return on invested capital (22.1% vs 17.4%). Both pay a dividend; RLI Corp. yields more (2.08% vs 0.14%). Across the 23 metrics below, Kinsale Capital Group, Inc. leads on 14 and RLI Corp. on 9.

Valuation

Metric KNSL RLI Insurance Property & Casualty median
P/E 13.35 11.70 10.29
P/S 3.77 2.59 1.17
P/B 3.70 2.92 1.83
Price to free cash flow 7.52 9.90 7.48
EV/EBITDA 10.43 10.10 7.49
EV/Sales 3.79 2.88 1.13
Earnings yield 7.49% 8.55% 9.50%
Free cash flow yield 13.31% 10.10% 13.29%

Profitability

Metric KNSL RLI Insurance Property & Casualty median
Gross margin 36.47% 35.51% 41.16%
Operating margin 36.33% 28.50% 15.09%
Net margin 28.49% 22.22% 11.51%
Free cash flow margin 50.14% 26.19% 17.59%
Return on equity 30.27% 25.16% 18.19%
Return on assets 9.49% 7.07% 3.74%
Return on invested capital 22.12% 17.43% 12.06%

Growth

Metric KNSL RLI Insurance Property & Casualty median
Revenue growth (TTM) 15.82% 8.69% 8.69%
EPS growth (last fiscal year) 21.77% 16.84% —
Revenue growth, 5-year CAGR 32.44% 13.86% 9.23%
Net income growth, 5-year CAGR 41.62% 20.75% 10.09%

Health

Metric KNSL RLI Insurance Property & Casualty median
Debt to equity 0.11 0.17 0.25
Current ratio 0.09 0.26 0.42
Net debt to EBITDA 0.09 0.09 0.08

Dividend

Metric KNSL RLI Insurance Property & Casualty median
Dividend yield 0.14% 2.08% 2.79%
Payout ratio 0.05 0.07 0.27

Size

Metric KNSL RLI Insurance Property & Casualty median
Market cap 7.76b 5.15b 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack