📊 ORI Key Takeaways
Is Old Republic International Corp. (ORI) a Good Investment?
Old Republic demonstrates fortress-like financial strength with zero debt, solid 11% revenue growth, and consistent free cash flow generation. However, net income declined 0.7% YoY despite revenue expansion, signaling margin compression and underwriting challenges; coupled with weak ROE of 5.6% and ROA of 1.1%, the company shows poor capital efficiency despite profitability. A defensive posture is warranted pending evidence of improved underwriting discipline and return on equity trends.
Old Republic shows solid fundamentals with double-digit revenue growth, strong free cash flow (12.7% margin), and a robust 15.8% ROE supported by minimal leverage and 13.1x interest coverage. Despite a slight decline in net income, EPS growth and healthy margins indicate resilient underwriting and investment results. The conservative balance sheet and cash generation underpin durable performance through insurance cycles.
Old Republic International Corp. Key Strengths (ORI)
- Zero debt (0.00x debt-to-equity) with fortress balance sheet providing downside protection
- Strong revenue growth of 11.0% YoY demonstrating market share gains in surety insurance
- Solid free cash flow generation of $281.4M with 11.7% FCF margin supporting dividends and buybacks
- Operating margins of 17.2% reflect underwriting discipline and pricing power
- Solid ROE (15.8%) with healthy operating and net margins
- Strong free cash flow ($1.16B; 12.7% margin) enabling capital flexibility
- Low leverage (0.00x D/E) and high interest coverage (13.1x)
ORI Stock Risks: Old Republic International Corp. Investment Risks
- Net income declined 0.7% YoY despite 11% revenue growth, indicating material margin compression and rising claims costs
- ROE of 5.6% and ROA of 1.1% are critically low for financial services, signaling poor capital efficiency and suboptimal underwriting profitability
- Modest cash position of $202.1M relative to $29.6B asset base suggests limited liquidity buffer for insurance claims spikes
- Surety insurance exposure to economic cycles and construction/contract defaults creates cyclical earnings volatility
- Underwriting cycle and catastrophe/loss severity may pressure the combined ratio
- Reserve adequacy and claims inflation could compress margins
- Investment portfolio sensitivity to interest rates and credit markets
Key Metrics to Watch
- Net margin trends and operating income growth to confirm margin compression reversal
- Combined loss ratio in underwriting segments to assess pricing discipline and claims management
- Return on equity trajectory toward 10%+ to validate capital deployment efficiency
- Combined ratio and reserve development
- Net investment income yield and portfolio quality
Old Republic International Corp. (ORI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
ORI Profit Margin, ROE & Profitability Analysis
ORI vs Finance Sector: How Old Republic International Corp. Compares
How Old Republic International Corp. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Old Republic International Corp. Stock Overvalued? ORI Valuation Analysis 2026
Based on fundamental analysis, Old Republic International Corp. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Old Republic International Corp. Balance Sheet: ORI Debt, Cash & Liquidity
ORI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Old Republic International Corp.'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $2.10 reflects profitable operations.
ORI Revenue Growth, EPS Growth & YoY Performance
ORI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.1B | $245.0M | $0.98 |
| Q3 2025 | $2.3B | $279.5M | $1.11 |
| Q2 2025 | $1.9B | $91.8M | $0.35 |
| Q1 2025 | $2.0B | $245.0M | $0.98 |
| Q3 2024 | $1.8B | $52.6M | $0.19 |
| Q2 2024 | $1.8B | $91.8M | $0.35 |
| Q1 2024 | $1.8B | $199.8M | $0.68 |
| Q3 2023 | $1.7B | $52.6M | $0.19 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Old Republic International Corp. Dividends, Buybacks & Capital Allocation
ORI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Old Republic International Corp. (CIK: 0000074260)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ORI
What is the AI rating for ORI?
Old Republic International Corp. (ORI) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ORI's key strengths?
Claude: Zero debt (0.00x debt-to-equity) with fortress balance sheet providing downside protection. Strong revenue growth of 11.0% YoY demonstrating market share gains in surety insurance. ChatGPT: Solid ROE (15.8%) with healthy operating and net margins. Strong free cash flow ($1.16B; 12.7% margin) enabling capital flexibility.
What are the risks of investing in ORI?
Claude: Net income declined 0.7% YoY despite 11% revenue growth, indicating material margin compression and rising claims costs. ROE of 5.6% and ROA of 1.1% are critically low for financial services, signaling poor capital efficiency and suboptimal underwriting profitability. ChatGPT: Underwriting cycle and catastrophe/loss severity may pressure the combined ratio. Reserve adequacy and claims inflation could compress margins.
What is ORI's revenue and growth?
Old Republic International Corp. reported revenue of $2.4B.
Does ORI pay dividends?
Old Republic International Corp. pays dividends, with $693.8M distributed to shareholders in the trailing twelve months.
Where can I find ORI SEC filings?
Official SEC filings for Old Republic International Corp. (CIK: 0000074260) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ORI's EPS?
Old Republic International Corp. has a diluted EPS of $1.32.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is ORI's fundamental grade?
Based on our AI fundamental analysis in May 2026, Old Republic International Corp. has a A grade with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is ORI stock overvalued or undervalued?
Valuation metrics for ORI: ROE of 5.6% (sector avg: 12%), net margin of 13.8% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
What is ORI's AI grade for 2026?
Our dual AI analysis gives Old Republic International Corp. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ORI's free cash flow?
Old Republic International Corp.'s operating cash flow is $281.4M, with capital expenditures of N/A. FCF margin is 11.7%.
How does ORI compare to other Finance stocks?
Vs Finance sector averages: Net margin 13.8% (avg: 25%), ROE 5.6% (avg: 12%), current ratio N/A (avg: 1.2).