Old Republic International Corporation (ORI) Financial Statements

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Old Republic International financial statements at a glance

Old Republic International reported revenue of $9.14 billion for fiscal year 2025 (ended December 31, 2025), up 11.0% from fiscal year 2024. Net income was $935.40 million, a net margin of 10.2%.

At the end of fiscal year 2025 it had total assets of $29.86 billion, total liabilities of $23.93 billion and shareholders' equity of $5.91 billion, with cash and short-term investments of $3.23 billion and total debt of $1.59 billion.

Its operations brought in $1.16 billion of cash, leaving free cash flow of $1.16 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Old Republic International Corporation

ORIUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
9.14B
Prev Year: 8.23B
YoY: +11.0%
Total Expenses
7.95B
Prev Year: 7.16B
YoY: +11.0%
Net Non Operating Interest Income Expense
-70.30M
Prev Year: -77.30M
YoY: +9.1%
Non-operating Interest Expense
70.30M
Prev Year: 77.30M
YoY: -9.1%
Other Operating Expenses
200.0K
Prev Year: 100.0K
YoY: +100.0%
Policyholder Dividends
-
Prev Year: 23.50M
Pre-tax Income
1.18B
Prev Year: 1.07B
YoY: +10.7%
Provision for Income Taxes
242.10M
Prev Year: 216.90M
YoY: +11.6%
Net Income Common Stockholders
935.40M
Prev Year: 852.70M
YoY: +9.7%
Net Income
935.40M
Prev Year: 852.70M
YoY: +9.7%
Net Income Including Non-Controlling Interests
941.90M
Prev Year: 852.80M
YoY: +10.4%
Net Income from Continuing Operations
941.90M
Prev Year: 852.80M
YoY: +10.4%
Noncontrolling Interests
-6.50M
Diluted NI Available to Com Stockholders
935.40M
Prev Year: 852.70M
YoY: +9.7%
Average Dilution Earnings
-
Net Income from Continuing and Discontinued Operation
935.40M
Prev Year: 852.70M
YoY: +9.7%
Basic EPS
-
Prev Year: 3.3
Normalized Income
935.40M
Prev Year: 852.70M
YoY: +9.7%
Diluted EPS
-
Prev Year: 3.24
EBIT
1.25B
Prev Year: 1.15B
YoY: +9.4%
Weighted Average Shares (basic)
-
Prev Year: 258.39M
Net Income from Continuing Operation Net Minority Interest
935.40M
Prev Year: 852.70M
YoY: +9.7%
Weighted Average Shares (diluted)
-
Prev Year: 263.18M
Tax Rate for Calcs
0.204
Prev Year: 0
Interest Expense
70.30M
Prev Year: 77.30M
YoY: -9.1%
Net Interest Income
-70.30M
Other Income Expense
194.90M
Prev Year: 177.60M
YoY: +9.7%
Operating Revenue
9.14B
Loss Adjustment Expense
3.36B
Prev Year: 3.02B
YoY: +11.1%
Net Policyholder Benefits And Claims
3.36B
Prev Year: 3.02B
YoY: +11.1%
Policyholder Benefits (gross)
3.36B
Prev Year: 3.02B
YoY: +11.1%
Values in USD

Old Republic International key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$9.1B$8.2B$7.3B$8.1B$9.3B
Operating income$1.3B$1.1B$817.9M$924.1M$2.0B
Net income$935.4M$852.7M$598.6M$686.4M$1.5B
Diluted EPS–$3.24$2.10$2.26$5.05
Total assets$29.9B$27.8B$26.5B$25.2B$25.0B
Total liabilities$23.9B$22.2B$20.1B$19.0B$18.1B
Shareholders' equity$5.9B$5.6B$6.4B$6.2B$6.9B
Cash and short-term investments$3.2B––––
Total debt$1.6B$1.6B$1.6B$1.6B$1.6B
Operating cash flow$1.2B$1.2B$880.4M$1.2B$1.3B
Free cash flow$1.2B$1.2B$880.4M$1.2B$1.3B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Old Republic International's revenue in fiscal year 2025?

$9.14 billion, up 11.0% from $8.23 billion in fiscal year 2024.

How much profit does Old Republic International make?

Old Republic International reported net income of $935.40 million for fiscal year 2025 (10.2% of revenue); operating income was $1.25 billion.

How much cash and debt does Old Republic International have?

At the end of fiscal year 2025: cash and short-term investments of $3.23 billion and total debt of $1.59 billion.

What is Old Republic International's free cash flow?

$1.16 billion in fiscal year 2025 (operating cash flow of $1.16 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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