Old Republic International Corporation (ORI)

ORI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	7,789	7,026	6,446	7,342	7,560
Investment Income	708.7	673.1	578.3	459.5	434.3
Net Gains on Investments	179.7	69.9	-190.9	-201.2	758
Total Other Revenues	459	462	424.9	483.1	589.4
Revenue	9,136	8,232	7,258	8,084	9,342
Revenue Growth (YoY)	10.99%	13.41%	-10.21%	-13.47%	30.36%
Insurance Benefits & Claims	3,377	3,048	2,597	2,440	2,421
Policy Amortization Costs	2,408	-	-	-	-
Other Operating Expenses	6,671	4,114	3,914	4,786	4,999
Operating Income	-3,320	1,070	747.7	857.6	1,922
Pretax Income	1,184	1,070	747.4	857.4	1,922
Provision for Income Taxes	484	216.9	148.8	170.9	387.6
Net Income	941.9	852.7	598.6	686.4	1,534
Minority Interest in Earnings	6.5	-	-	-	-
Net Income to Common	941.9	852.7	598.6	686.4	1,534
Net Income Growth	10.46%	42.45%	-12.79%	-55.26%	174.67%
Shares Outstanding (Basic)	245	258	283	302	302
Shares Outstanding (Diluted)	251	263	285	303	304
Shares Change (YoY)	-4.40%	-7.91%	-5.88%	-0.12%	1.60%
EPS (Basic)	3.82	3.30	2.12	2.28	5.08
EPS (Diluted)	3.72	3.24	2.10	2.26	5.05
EPS Growth	14.82%	54.29%	-7.08%	-55.25%	170.05%
Free Cash Flow	1,164	1,233	880.4	1,171	1,312
Free Cash Flow Growth	-5.60%	40.09%	-24.79%	-10.76%	10.69%
Free Cash Flow Per Share	4.63	4.69	3.08	3.86	4.32
Dividends Per Share	1.160	1.060	0.980	0.920	0.880
Dividend Growth	9.43%	8.16%	6.52%	4.54%	4.76%
Operating Margin	-36.34%	13.00%	10.30%	10.61%	20.58%
Profit Margin	10.31%	10.36%	8.25%	8.49%	16.42%
FCF Margin	12.74%	14.98%	12.13%	14.48%	14.04%
EBITDA	-3,320	1,070	747.7	857.6	1,922
EBIT	-3,320	1,070	747.7	857.6	1,922
EBIT Margin	-36.34%	13.00%	10.30%	10.61%	20.58%
Effective Tax Rate	40.88%	20.28%	19.91%	19.93%	20.17%

Updated Jan 22, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q