RLI Corp. (RLI)

RLI Corp. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,526	1,294	1,144	980.9	865.75
Total Interest & Dividend Income	142.28	120.38	86.08	68.86	67.89
Gain (Loss) on Sale of Investments	101.7	97.31	467.48	129.48	49.99
Total Revenue	1,770	1,512	1,698	1,179	983.63
Revenue Growth (YoY)	17.09%	-10.95%	43.99%	19.89%	-1.99%
Policy Benefits	739.25	604.41	514.38	456.6	442.88
Policy Acquisition & Underwriting Costs	464.04	418.33	369.63	300.46	271.66
Selling, General & Administrative	128.34	114.3	95.11	90.24	77.09
Other Operating Expenses	-	-	-	17.01	14.78
Total Operating Expenses	1,332	1,137	979.12	864.31	806.42
Operating Income	438.75	374.96	718.87	314.94	177.21
Interest Expense	-6.33	-7.3	-8.05	-7.68	-7.6
Earnings From Equity Investments	-4.87	9.61	9.85	37.06	20.23
Pretax Income	427.55	377.27	720.68	344.32	189.84
Income Tax Expense	81.77	72.65	137.27	64.97	32.75
Net Income	345.78	304.61	583.41	279.35	157.09
Net Income to Common	345.78	304.61	583.41	279.35	157.09
Net Income Growth	13.51%	-47.79%	108.84%	77.83%	-18.03%
Shares Outstanding (Basic)	92	91	91	90	90
Shares Outstanding (Diluted)	92	92	92	91	91
Shares Change (YoY)	0.32%	0.62%	0.18%	0.74%	0.26%
EPS (Basic)	3.78	3.34	6.43	3.09	1.75
EPS (Diluted)	3.74	3.31	6.37	3.06	1.73
EPS Growth	12.99%	-48.04%	108.51%	76.59%	-18.20%
Free Cash Flow	555.51	458.34	244.56	376.6	257.49
Free Cash Flow Per Share	6.01	4.97	2.67	4.12	2.84
Dividend Per Share	0.570	0.540	0.520	0.495	0.475
Dividend Growth	5.56%	3.85%	5.05%	4.21%	4.40%
Operating Margin	24.78%	24.80%	42.34%	26.71%	18.02%
Profit Margin	19.53%	20.15%	34.36%	23.69%	15.97%
Free Cash Flow Margin	31.38%	30.31%	14.40%	31.94%	26.18%
EBITDA	446.42	383.5	726.85	322.33	184.64
EBITDA Margin	25.22%	25.36%	42.81%	27.33%	18.77%
D&A For EBITDA	7.66	8.55	7.98	7.39	7.43
EBIT	438.75	374.96	718.87	314.94	177.21
EBIT Margin	24.78%	24.80%	42.34%	26.71%	18.02%
Effective Tax Rate	19.13%	19.26%	19.05%	18.87%	17.25%
Revenue as Reported	1,770	1,512	1,698	1,179	983.63

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q