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RLI (RLI) Financials

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$77.81 +1.29 (+1.69%)
As of 04/14/2025 03:58 PM Eastern
Annual Income Statements for RLI

Annual Income Statements for RLI

This table shows RLI's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
138 115 105 64 192 157 279 583 305 346
Consolidated Net Income / (Loss)
138 115 105 64 192 157 279 583 305 346
Net Income / (Loss) Continuing Operations
138 115 105 64 192 157 279 583 305 346
Total Pre-Tax Income
197 157 85 68 233 190 344 721 377 428
Total Revenue
787 809 790 811 996 976 1,172 1,690 1,505 1,764
Net Interest Income / (Expense)
-7.43 -7.43 -7.43 -7.44 -7.59 -7.60 -7.68 -8.05 -7.30 -6.33
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
7.43 7.43 7.43 7.44 7.59 7.60 7.68 8.05 7.30 6.33
Long-Term Debt Interest Expense
7.43 7.43 7.43 7.44 7.59 7.60 7.68 8.05 7.30 6.33
Total Non-Interest Income
795 816 797 818 1,004 984 1,179 1,698 1,512 1,770
Net Realized & Unrealized Capital Gains on Investments
94 88 62 27 164 118 198 554 218 244
Premiums Earned
700 729 738 791 839 866 981 1,144 1,294 1,526
Total Non-Interest Expense
591 652 705 743 763 786 864 969 1,127 1,337
Property & Liability Insurance Claims
299 350 402 428 413 443 457 514 604 739
Insurance Policy Acquisition Costs
241 250 253 268 289 286 317 370 418 464
Other Operating Expenses
61 63 68 63 82 77 90 95 114 128
Other Special Charges
-11 -11 -17 -16 -21 -20 - -9.85 -9.61 4.87
Income Tax Expense
59 42 -20 3.40 41 33 65 137 73 82
Basic Earnings per Share
$3.18 $2.63 $2.39 $1.45 $4.28 $3.49 $6.18 $6.43 $3.34 $3.78
Weighted Average Basic Shares Outstanding
43.30M 43.77M 44.03M 44.36M 44.73M 45M 45.23M 90.74M 91.19M 91.53M
Diluted Earnings per Share
$3.12 $2.59 $2.36 $1.43 $4.23 $3.46 $6.11 $6.37 $3.31 $3.74
Weighted Average Diluted Shares Outstanding
44.13M 44.43M 44.50M 44.84M 45.26M 45.38M 45.71M 91.59M 92.16M 92.45M
Weighted Average Basic & Diluted Shares Outstanding
43.30M 43.70M 43.90M 44.30M 44.92M 45.15M 45.29M 45.51M 45.66M 91.76M
Cash Dividends to Common per Share
$2.75 $2.79 $2.58 $1.87 $1.91 $1.95 $2.99 - - $2.57

Quarterly Income Statements for RLI

This table shows RLI's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
440 98 99 78 14 115 128 82 95 41
Consolidated Net Income / (Loss)
440 98 99 78 14 115 128 82 95 41
Net Income / (Loss) Continuing Operations
440 98 99 78 14 115 128 82 95 41
Total Pre-Tax Income
555 114 123 96 15 143 160 103 117 47
Total Revenue
859 357 363 380 330 432 443 415 468 438
Net Interest Income / (Expense)
-2.01 -2.01 -2.01 -2.05 -1.87 -1.37 -1.62 -1.60 -1.62 -1.49
Total Interest Expense
2.01 2.01 2.01 2.05 1.87 1.37 1.62 1.60 1.62 1.49
Long-Term Debt Interest Expense
2.01 2.01 2.01 2.05 1.87 1.37 1.62 1.60 1.62 1.49
Total Non-Interest Income
859 361 365 382 332 434 445 416 470 439
Net Realized & Unrealized Capital Gains on Investments
568 60 57 60 13 88 84 37 81 42
Premiums Earned
291 301 308 322 318 346 361 379 389 397
Total Non-Interest Expense
303 245 244 284 315 285 283 312 352 390
Property & Liability Insurance Claims
165 126 114 154 190 146 144 168 202 226
Insurance Policy Acquisition Costs
97 98 101 103 103 111 110 114 118 122
Other Operating Expenses
23 28 28 29 24 33 34 31 33 30
Other Special Charges
17 -6.79 - -1.51 -1.73 - -4.77 -1.65 -1.24 13
Income Tax Expense
115 16 24 18 1.48 29 32 21 22 6.57
Basic Earnings per Share
$9.69 $1.08 $2.17 $1.70 $0.30 $1.26 $2.80 $1.79 $2.08 $0.45
Weighted Average Basic Shares Outstanding
45.38M 90.74M 45.53M 45.59M 45.62M 91.19M 45.68M 45.74M 45.78M 91.53M
Diluted Earnings per Share
$9.61 $1.08 $2.15 $1.69 $0.29 $1.26 $2.77 $1.78 $2.06 $0.45
Weighted Average Diluted Shares Outstanding
45.78M 91.59M 46.04M 46.04M 46.07M 92.16M 46.16M 46.18M 46.22M 92.45M
Basic & Diluted Earnings per Share
- $1.08 - - - $1.26 - - - $0.45
Weighted Average Basic & Diluted Shares Outstanding
45.38M 45.51M 45.55M 45.60M 45.63M 45.66M 45.71M 45.75M 45.82M 91.76M
Cash Dividends to Common per Share
$0.26 $3.64 $0.26 $0.27 $0.27 $1.14 $0.27 $0.29 $0.29 $2.15

Annual Cash Flow Statements for RLI

This table details how cash moves in and out of RLI's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-20 7.19 6.00 5.87 16 16 27 -66 14 3.37
Net Cash From Operating Activities
153 174 198 217 277 263 385 250 464 560
Net Cash From Continuing Operating Activities
153 174 198 217 277 263 385 250 464 557
Net Income / (Loss) Continuing Operations
138 115 105 64 192 157 279 583 305 346
Consolidated Net Income / (Loss)
138 115 105 64 192 157 279 583 305 346
Depreciation Expense
5.41 6.43 6.94 7.04 8.16 7.43 7.39 7.98 8.55 7.66
Non-Cash Adjustments to Reconcile Net Income
-40 -26 -35 15 -63 -47 -133 -547 -74 -73
Changes in Operating Assets and Liabilities, net
50 79 121 131 140 145 232 206 225 277
Net Cash From Investing Activities
-61 -54 -81 -134 -185 -168 -275 49 -212 -319
Net Cash From Continuing Investing Activities
-61 -54 -81 -134 -185 -168 -275 49 -212 -319
Purchase of Property, Leasehold Improvements and Equipment
-10 -16 -9.24 -6.09 -6.96 -5.77 -8.31 -5.89 -5.91 -4.71
Purchase of Investment Securities
-712 -602 -476 -862 -640 -614 -895 -2,108 -827 -861
Sale of Property, Leasehold Improvements and Equipment
0.08 1.69 0.13 0.17 - 0.00 0.00 0.38 0.03 0.01
Sale and/or Maturity of Investments
654 563 403 734 463 451 628 2,162 621 547
Net Cash From Financing Activities
-112 -114 -110 -77 -76 -79 -83 -365 -239 -238
Net Cash From Continuing Financing Activities
-112 -114 -110 -77 -76 -79 -83 -365 -239 -238
Issuance of Debt
- - - - 0.00 0.00 50 0.00 100 73
Repayment of Debt
- - - - - - 0.00 0.00 -200 -73
Payment of Dividends
-120 -122 -114 -83 -86 -88 -135 -365 -140 -236
Other Financing Activities, Net
8.05 8.84 3.50 6.08 9.49 8.65 1.84 -0.47 1.25 -2.33

Quarterly Cash Flow Statements for RLI

This table details how cash moves in and out of RLI's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
498 -418 -69 -180 -97 360 -63 -136 -209 411
Net Cash From Operating Activities
112 -32 69 174 99 122 71 142 219 128
Net Cash From Continuing Operating Activities
- 250 0.00 - - 464 0.00 - - 557
Net Income / (Loss) Continuing Operations
- 583 0.00 - - 305 0.00 - - 346
Net Cash From Investing Activities
509 -336 -58 -168 15 -0.33 -53 -124 -195 53
Net Cash From Continuing Investing Activities
509 -336 -58 -168 15 -0.33 -53 -124 -195 53
Purchase of Property, Leasehold Improvements and Equipment
-1.41 -1.46 -1.28 -1.51 -2.66 -0.46 -1.09 -2.75 -0.35 -0.52
Purchase of Investment Securities
-247 -1,526 -188 -206 -215 -218 -140 -279 -253 -189
Sale and/or Maturity of Investments
758 1,191 131 39 233 218 88 158 58 242
Net Cash From Financing Activities
-11 -333 -11 -12 -112 -104 -9.75 -12 -14 -202
Net Cash From Continuing Financing Activities
-11 -333 -11 -12 -112 -104 -9.75 -12 -14 -202
Issuance of Debt
- - - - - 50 - - - 73
Repayment of Debt
- - - - - -50 - - - -73
Payment of Dividends
-12 -330 -12 -12 -12 -104 -12 -13 -13 -197
Other Financing Activities, Net
0.54 -2.66 0.38 0.21 0.82 -0.15 2.59 0.86 -0.41 -5.37

Annual Balance Sheets for RLI

This table presents RLI's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
2,735 2,778 2,947 3,105 3,546 3,938 4,508 4,767 5,180 5,629
Cash and Due from Banks
11 18 24 30 46 62 89 23 36 40
Trading Account Securities
1,984 2,047 2,163 2,208 2,548 2,849 3,195 557 647 793
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,667 2,856 3,176
Allowance for Loan and Lease Losses
- - - - - - - -2,667 -2,856 -3,176
Accrued Investment Income
15 15 15 14 15 16 18 21 24 28
Premises and Equipment, Net
47 55 56 55 53 51 52 50 47 43
Unearned Premiums Asset
196 179 192 224 254 288 298 328 333 355
Deferred Acquisition Cost
70 73 78 85 85 88 104 128 147 166
Intangible Assets
71 64 59 55 54 54 54 54 54 54
Other Assets
340 327 360 435 491 529 700 940 1,037 974
Total Liabilities & Shareholders' Equity
2,735 2,778 2,947 3,105 3,546 3,938 4,508 4,767 5,180 5,629
Total Liabilities
1,912 1,954 2,094 2,298 2,550 2,803 3,279 3,590 3,767 4,107
Short-Term Debt
- - - - - - 0.00 - 100 100
Claims and Claim Expense
1,104 1,139 1,272 1,461 1,574 1,750 2,044 2,316 2,446 2,693
Unearned Premiums Liability
422 434 451 497 540 586 680 785 892 984
Other Long-Term Liabilities
238 232 169 146 220 241 257 289 328 329
Total Equity & Noncontrolling Interests
823 824 854 807 995 1,136 1,229 1,177 1,414 1,522
Total Preferred & Common Equity
823 824 854 807 995 1,136 1,229 1,177 1,414 1,522
Total Common Equity
823 824 854 807 995 1,136 1,229 1,177 1,414 1,522
Common Stock
288 297 309 306 322 336 344 353 363 369
Retained Earnings
805 797 789 908 1,014 1,084 1,228 1,446 1,610 1,720
Treasury Stock
-404 -404 -402 -401 -401 -401 -403 -405 -407 -406
Accumulated Other Comprehensive Income / (Loss)
124 123 158 -15 52 109 50 -229 -166 -174
Other Equity Adjustments
11 11 - 8.35 7.98 8.29 9.64 12 14 13

Quarterly Balance Sheets for RLI

This table presents RLI's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
5,212 4,836 5,066 5,084 5,338 5,512 5,792
Trading Account Securities
2,973 52 55 56 66 67 65
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
19 21 23 25 25 27 27
Premises and Equipment, Net
50 49 48 49 47 47 45
Unearned Premiums Asset
339 326 342 337 338 410 362
Deferred Acquisition Cost
129 135 148 151 153 167 172
Intangible Assets
54 54 54 54 54 54 54
Other Assets
924 4,199 4,396 4,412 4,656 4,741 5,067
Total Liabilities & Shareholders' Equity
5,212 4,836 5,066 5,084 5,338 5,512 5,792
Total Liabilities
3,818 3,532 3,714 3,784 3,818 3,927 4,043
Long-Term Debt
50 - - 100 100 100 100
Claims and Claim Expense
2,323 2,286 2,362 2,489 2,532 2,545 2,612
Unearned Premiums Liability
786 801 891 906 905 993 1,011
Other Long-Term Liabilities
295 245 261 290 281 290 321
Total Equity & Noncontrolling Interests
1,394 1,304 1,352 1,299 1,521 1,585 1,748
Total Preferred & Common Equity
1,394 1,304 1,352 1,299 1,521 1,585 1,748
Total Common Equity
1,394 1,304 1,352 1,299 1,521 1,585 1,748
Common Stock
353 356 358 361 367 370 372
Retained Earnings
1,679 1,532 1,598 1,599 1,725 1,794 1,876
Treasury Stock
-402 -405 -406 -406 -406 -406 -405
Accumulated Other Comprehensive Income / (Loss)
-245 -191 -211 -268 -179 -187 -107
Other Equity Adjustments
9.05 12 13 13 13 13 12

Annual Metrics and Ratios for RLI

This table displays calculated financial ratios and metrics derived from RLI's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
2.54% 2.76% -2.36% 2.64% 22.86% -2.01% 20.03% 44.25% -10.96% 17.24%
EBITDA Growth
4.15% -19.09% -44.02% -18.47% 222.82% -18.11% 59.50% 131.57% -47.05% 12.81%
EBIT Growth
3.80% -20.13% -46.15% -20.11% 244.38% -18.43% 61.85% 134.55% -47.65% 13.33%
NOPAT Growth
1.55% -16.45% -8.61% -38.89% 198.61% -18.03% 58.69% 134.03% -47.79% 13.51%
Net Income Growth
1.55% -16.45% -8.61% -38.89% 198.61% -18.03% 77.83% 108.84% -47.79% 13.51%
EPS Growth
0.97% -16.99% -8.88% -39.41% 195.80% -18.20% 76.59% 108.84% -47.79% 13.51%
Operating Cash Flow Growth
23.97% 14.34% 13.22% 9.91% 27.55% -4.93% 46.21% -34.93% 85.37% 20.67%
Free Cash Flow Firm Growth
34.28% -28.45% -34.73% 48.03% -97.37% 460.81% 548.01% 500.89% -73.51% 41.01%
Invested Capital Growth
-2.28% 0.03% 3.11% -4.65% 19.74% 12.30% 11.17% -3.63% 9.90% 7.17%
Revenue Q/Q Growth
0.76% 0.62% -0.56% -4.21% 10.22% 4.25% 1.64% 2.13% 5.29% 0.31%
EBITDA Q/Q Growth
3.25% -0.70% -6.24% -40.43% 76.08% 31.30% -2.00% 4.44% 16.19% -17.49%
EBIT Q/Q Growth
0.49% -4.60% -13.35% -46.05% 70.12% 26.36% -4.30% 3.29% 13.61% -18.94%
NOPAT Q/Q Growth
-2.58% -1.43% 31.36% -54.83% 62.96% 24.02% -6.94% 0.44% 5.83% -17.58%
Net Income Q/Q Growth
-2.58% -1.43% 31.36% -54.83% 62.96% 24.02% 4.29% 0.44% 5.83% -17.58%
EPS Q/Q Growth
-4.29% -2.63% 30.39% -54.89% 62.69% 24.46% 3.91% 0.44% 5.83% -17.58%
Operating Cash Flow Q/Q Growth
23.97% -36.69% 0.07% 1.00% 15.14% 3.89% 1.17% -35.34% 49.88% 1.09%
Free Cash Flow Firm Q/Q Growth
-16.34% 46.42% -39.19% -25.78% 128.11% -39.03% -9.47% 64.17% -65.12% 898.32%
Invested Capital Q/Q Growth
-5.89% -9.22% -2.48% -6.36% -0.36% 2.94% 2.08% -13.59% 8.18% -12.25%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
25.67% 20.21% 11.59% 9.20% 24.19% 20.21% 26.86% 43.12% 25.64% 24.67%
EBIT Margin
24.98% 19.42% 10.71% 8.34% 23.37% 19.45% 26.23% 42.65% 25.07% 24.24%
Profit (Net Income) Margin
17.47% 14.21% 13.30% 7.92% 19.24% 16.10% 23.84% 34.52% 20.24% 19.60%
Tax Burden Percent
69.93% 73.16% 124.16% 94.97% 82.34% 82.75% 81.13% 80.95% 80.74% 80.87%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 112.06% 100.00% 100.00% 100.00%
Effective Tax Rate
30.07% 26.84% -24.16% 5.03% 17.66% 17.25% 18.87% 19.05% 19.26% 19.13%
Return on Invested Capital (ROIC)
13.99% 11.82% 10.64% 6.55% 18.25% 12.93% 18.37% 41.58% 21.08% 22.06%
ROIC Less NNEP Spread (ROIC-NNEP)
13.99% 11.82% 10.64% 6.55% 18.25% 12.93% 35.59% 41.58% 21.08% 22.06%
Return on Net Nonoperating Assets (RNNOA)
2.50% 2.13% 1.89% 1.18% 3.02% 1.81% 5.25% 6.90% 2.44% 1.50%
Return on Equity (ROE)
16.49% 13.95% 12.52% 7.73% 21.27% 14.74% 23.62% 48.48% 23.51% 23.56%
Cash Return on Invested Capital (CROIC)
16.29% 11.79% 7.58% 11.31% 0.28% 1.34% 7.79% 45.27% 11.64% 15.14%
Operating Return on Assets (OROA)
7.14% 5.70% 2.96% 2.23% 7.00% 5.07% 7.28% 15.54% 7.59% 7.91%
Return on Assets (ROA)
4.99% 4.17% 3.67% 2.12% 5.76% 4.20% 6.61% 12.58% 6.12% 6.40%
Return on Common Equity (ROCE)
16.49% 13.95% 12.52% 7.73% 21.27% 14.74% 23.62% 48.48% 23.51% 23.56%
Return on Equity Simple (ROE_SIMPLE)
16.70% 13.95% 12.30% 7.95% 19.25% 13.83% 22.72% 49.55% 21.55% 22.72%
Net Operating Profit after Tax (NOPAT)
138 115 105 64 192 157 249 583 305 346
NOPAT Margin
17.47% 14.21% 13.30% 7.92% 19.24% 16.10% 21.28% 34.52% 20.24% 19.60%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -17.22% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
75.02% 80.58% 89.29% 91.66% 76.63% 80.55% 73.77% 57.35% 74.93% 75.76%
Earnings before Interest and Taxes (EBIT)
197 157 85 68 233 190 307 721 377 428
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
202 164 92 75 241 197 315 729 386 435
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.48 2.68 2.60 3.24 3.53 3.67 3.77 4.80 4.17 4.96
Price to Tangible Book Value (P/TBV)
2.71 2.91 2.80 3.48 3.73 3.85 3.94 5.03 4.34 5.14
Price to Revenue (P/Rev)
2.59 2.73 2.81 3.23 3.53 4.27 3.95 3.34 3.92 4.28
Price to Earnings (P/E)
14.84 19.19 21.15 40.78 18.34 26.54 16.59 9.69 19.35 21.84
Dividend Yield
5.44% 5.16% 1.65% 1.48% 1.16% 1.03% 0.97% 1.65% 4.33% 6.24%
Earnings Yield
6.74% 5.21% 4.73% 2.45% 5.45% 3.77% 6.03% 10.33% 5.17% 4.58%
Enterprise Value to Invested Capital (EV/IC)
2.24 2.40 2.34 2.86 3.16 3.31 3.32 4.23 3.94 4.69
Enterprise Value to Revenue (EV/Rev)
2.77 2.89 2.97 3.37 3.63 4.36 4.05 3.45 3.96 4.32
Enterprise Value to EBITDA (EV/EBITDA)
10.78 14.29 25.63 36.66 15.01 21.58 15.08 8.00 15.45 17.49
Enterprise Value to EBIT (EV/EBIT)
11.08 14.87 27.73 40.48 15.54 22.42 15.44 8.09 15.80 17.81
Enterprise Value to NOPAT (EV/NOPAT)
15.84 20.33 22.34 42.63 18.87 27.10 19.03 9.99 19.56 22.02
Enterprise Value to Operating Cash Flow (EV/OCF)
14.28 13.39 11.88 12.60 13.06 16.17 12.33 23.27 12.84 13.59
Enterprise Value to Free Cash Flow (EV/FCFF)
13.60 20.38 31.36 24.70 1,243.40 260.93 44.88 9.17 35.41 32.08
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.18 0.18 0.17 0.18 0.15 0.13 0.16 0.17 0.07 0.07
Long-Term Debt to Equity
0.18 0.18 0.17 0.18 0.15 0.13 0.16 0.17 0.00 0.00
Financial Leverage
0.18 0.18 0.18 0.18 0.17 0.14 0.15 0.17 0.12 0.07
Leverage Ratio
3.30 3.35 3.41 3.65 3.69 3.51 3.57 3.85 3.84 3.68
Compound Leverage Factor
3.30 3.35 3.41 3.65 3.69 3.51 4.00 3.85 3.84 3.68
Debt to Total Capital
15.28% 15.30% 14.86% 15.60% 13.04% 11.63% 13.97% 14.51% 6.61% 6.17%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.61% 6.17%
Long-Term Debt to Total Capital
15.28% 15.30% 14.86% 15.60% 13.04% 11.63% 13.97% 14.51% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
84.72% 84.70% 85.14% 84.40% 86.96% 88.37% 86.03% 85.49% 93.39% 93.83%
Debt to EBITDA
0.74 0.91 1.63 2.00 0.62 0.76 0.63 0.27 0.26 0.23
Net Debt to EBITDA
0.68 0.80 1.36 1.59 0.43 0.44 0.35 0.24 0.16 0.14
Long-Term Debt to EBITDA
0.74 0.91 1.63 2.00 0.62 0.76 0.63 0.27 0.00 0.00
Debt to NOPAT
1.08 1.29 1.42 2.32 0.78 0.95 0.80 0.34 0.33 0.29
Net Debt to NOPAT
1.00 1.14 1.19 1.85 0.54 0.56 0.44 0.30 0.21 0.17
Long-Term Debt to NOPAT
1.08 1.29 1.42 2.32 0.78 0.95 0.80 0.34 0.00 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
160 115 75 111 2.91 16 106 635 168 237
Operating Cash Flow to CapEx
1,532.14% 1,205.94% 2,168.22% 3,667.26% 3,981.55% 4,564.13% 4,631.83% 4,542.04% 7,887.48% 11,927.17%
Free Cash Flow to Firm to Interest Expense
21.57 15.44 10.07 14.89 0.38 2.15 13.77 78.94 23.05 37.49
Operating Cash Flow to Interest Expense
20.55 23.49 26.60 29.19 36.49 34.63 50.14 31.12 63.59 88.49
Operating Cash Flow Less CapEx to Interest Expense
19.21 21.55 25.37 28.40 35.58 33.87 49.06 30.44 62.78 87.75
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.29 0.29 0.28 0.27 0.30 0.26 0.28 0.36 0.30 0.33
Fixed Asset Turnover
17.56 15.91 14.30 14.67 18.48 18.68 22.62 33.22 31.25 39.25
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
972 972 1,003 956 1,145 1,285 1,429 1,377 1,514 1,622
Invested Capital Turnover
0.80 0.83 0.80 0.83 0.95 0.80 0.86 1.20 1.04 1.13
Increase / (Decrease) in Invested Capital
-23 0.29 30 -47 189 141 144 -52 136 108
Enterprise Value (EV)
2,178 2,336 2,346 2,736 3,617 4,257 4,744 5,827 5,959 7,613
Market Capitalization
2,041 2,205 2,221 2,617 3,514 4,169 4,633 5,650 5,895 7,553
Book Value per Share
$18.98 $18.76 $19.37 $18.14 $22.20 $25.21 $27.17 $25.95 $30.98 $33.22
Tangible Book Value per Share
$17.34 $17.29 $18.03 $16.91 $20.99 $24.02 $25.99 $24.76 $29.81 $32.05
Total Capital
972 972 1,003 956 1,145 1,285 1,429 1,377 1,514 1,622
Total Debt
149 149 149 149 149 149 200 200 100 100
Total Long-Term Debt
149 149 149 149 149 149 200 200 0.00 0.00
Net Debt
137 130 125 119 103 87 111 177 64 60
Capital Expenditures (CapEx)
9.96 14 9.11 5.92 6.96 5.77 8.31 5.51 5.89 4.70
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 -30 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
149 149 149 149 149 149 200 200 100 100
Total Depreciation and Amortization (D&A)
5.41 6.43 6.94 7.04 8.16 7.43 7.39 7.98 8.55 7.66
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.18 $2.63 $2.39 $1.45 $4.28 $3.49 $6.18 $6.43 $3.34 $3.78
Adjusted Weighted Average Basic Shares Outstanding
43.30M 43.77M 44.03M 44.36M 44.73M 45M 45.23M 90.74M 91.19M 91.53M
Adjusted Diluted Earnings per Share
$3.12 $2.59 $2.36 $1.43 $4.23 $3.46 $6.11 $6.37 $3.31 $3.74
Adjusted Weighted Average Diluted Shares Outstanding
44.13M 44.43M 44.50M 44.84M 45.26M 45.38M 45.71M 91.59M 92.15M 92.45M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
43.58M 43.96M 44.24M 44.51M 44.92M 45.15M 45.29M 91.03M 91.32M 91.76M
Normalized Net Operating Profit after Tax (NOPAT)
130 107 47 49 174 140 249 575 297 350
Normalized NOPAT Margin
16.50% 13.23% 5.97% 6.04% 17.51% 14.38% 21.28% 34.05% 19.73% 19.82%
Pre Tax Income Margin
24.98% 19.42% 10.71% 8.34% 23.37% 19.45% 29.39% 42.65% 25.07% 24.24%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
26.49 21.15 11.39 9.09 30.67 24.97 40.02 89.56 51.67 67.53
NOPAT to Interest Expense
18.52 15.48 14.14 8.63 25.26 20.66 32.47 72.50 41.72 54.62
EBIT Less CapEx to Interest Expense
25.14 19.20 10.16 8.29 29.75 24.21 38.94 88.87 50.87 66.79
NOPAT Less CapEx to Interest Expense
17.18 13.53 12.92 7.83 24.34 19.90 31.39 71.82 40.92 53.87
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
86.94% 106.59% 108.36% 129.48% 44.66% 55.96% 48.44% 62.54% 45.99% 68.15%
Augmented Payout Ratio
86.94% 106.59% 108.36% 129.48% 44.66% 55.96% 48.44% 62.54% 45.99% 68.15%

Quarterly Metrics and Ratios for RLI

This table displays calculated financial ratios and metrics derived from RLI's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
220.03% 10.94% 38.09% 79.94% -61.63% 21.20% 22.13% 9.22% 42.01% 1.27%
EBITDA Growth
2,009.25% 25.82% 103.11% 1,565.23% -97.30% 31.57% 34.60% 7.57% 677.85% -67.81%
EBIT Growth
2,009.25% 25.82% 103.11% 1,565.23% -97.30% 31.57% 34.60% 7.57% 677.85% -67.81%
NOPAT Growth
1,919.65% 2.68% 99.60% 1,792.58% -96.92% 17.15% 33.71% 5.59% 602.03% -64.35%
Net Income Growth
1,404.27% 2.68% 106.19% 3,568.16% -96.92% 17.15% 29.44% 5.59% 602.03% -64.35%
EPS Growth
1,401.56% 2.68% 104.76% 3,480.00% -96.98% 17.15% 28.84% 5.33% 610.34% -64.35%
Operating Cash Flow Growth
-3.18% -131.05% 77.42% 32.47% -12.16% 476.30% 2.50% -18.67% 122.49% 4.93%
Free Cash Flow Firm Growth
290.20% 409.96% -6,014.65% -261.20% -15.33% -114.50% 119.95% 77.92% -270.10% -211.52%
Invested Capital Growth
13.85% -3.63% 11.14% 24.75% -12.22% 9.90% 7.77% 8.56% 32.11% 7.17%
Revenue Q/Q Growth
307.19% -58.51% 1.78% 4.66% -13.16% 31.02% 2.56% -6.40% 12.91% -6.57%
EBITDA Q/Q Growth
8,594.28% -79.88% 16.38% -19.21% -84.36% 881.07% 8.58% -35.43% 13.09% -59.40%
EBIT Q/Q Growth
8,594.28% -79.88% 16.38% -19.21% -84.36% 881.07% 8.58% -35.43% 13.09% -59.40%
NOPAT Q/Q Growth
9,688.32% -77.76% -2.23% -18.82% -82.57% 746.72% 11.59% -35.89% 15.90% -57.00%
Net Income Q/Q Growth
19,746.85% -77.76% 1.00% -21.41% -82.57% 746.72% 11.59% -35.89% 15.90% -57.00%
EPS Q/Q Growth
19,320.00% -77.76% 0.94% -21.40% -82.84% 746.72% 11.69% -35.74% 15.73% -57.00%
Operating Cash Flow Q/Q Growth
-14.73% -128.90% 313.39% 151.92% -43.46% 23.80% -41.88% 99.91% 54.68% -41.61%
Free Cash Flow Firm Q/Q Growth
72.20% -39.15% -136.77% -318.41% 190.44% -110.42% 150.60% -563.13% -596.66% 80.92%
Invested Capital Q/Q Growth
28.12% -13.59% 9.19% 3.19% -9.84% 8.18% 7.09% 3.95% 9.71% -12.25%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
64.77% 31.41% 32.75% 25.28% 4.55% 34.10% 36.10% 24.90% 24.94% 10.84%
EBIT Margin
64.77% 31.41% 32.75% 25.28% 4.55% 34.10% 36.10% 24.90% 24.94% 10.84%
Profit (Net Income) Margin
51.18% 27.44% 27.23% 20.44% 4.10% 26.52% 28.86% 19.76% 20.29% 9.34%
Tax Burden Percent
79.30% 85.82% 80.47% 80.86% 90.13% 79.91% 79.94% 79.37% 81.34% 86.14%
Interest Burden Percent
99.64% 101.80% 103.30% 100.00% 100.00% 97.34% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
20.70% 14.18% 19.53% 19.14% 9.87% 20.09% 20.06% 20.63% 18.66% 13.86%
Return on Invested Capital (ROIC)
56.58% 33.05% 33.03% 28.65% 3.92% 27.61% 29.28% 19.79% 21.97% 10.51%
ROIC Less NNEP Spread (ROIC-NNEP)
56.58% 33.05% 34.61% 28.65% 3.92% 27.61% 29.28% 19.79% 21.97% 10.51%
Return on Net Nonoperating Assets (RNNOA)
7.48% 5.49% 5.63% 4.78% 0.44% 3.20% 3.11% 2.02% 1.44% 0.72%
Return on Equity (ROE)
64.06% 38.53% 38.66% 33.43% 4.36% 30.81% 32.39% 21.81% 23.42% 11.22%
Cash Return on Invested Capital (CROIC)
25.85% 45.27% 33.85% 29.06% 32.25% 11.64% 13.88% 12.68% -1.83% 15.14%
Operating Return on Assets (OROA)
22.23% 11.45% 12.69% 10.46% 1.26% 10.32% 11.25% 7.63% 8.07% 3.54%
Return on Assets (ROA)
17.56% 10.00% 10.54% 8.46% 1.14% 8.02% 8.99% 6.05% 6.56% 3.05%
Return on Common Equity (ROCE)
64.06% 38.53% 38.66% 33.43% 4.36% 30.81% 32.39% 21.81% 23.42% 11.22%
Return on Equity Simple (ROE_SIMPLE)
41.67% 0.00% 48.65% 52.83% 22.16% 0.00% 21.94% 21.33% 24.00% 0.00%
Net Operating Profit after Tax (NOPAT)
440 98 96 78 14 115 128 82 95 41
NOPAT Margin
51.18% 27.44% 26.36% 20.44% 4.10% 26.52% 28.86% 19.76% 20.29% 9.34%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% -1.58% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
35.23% 68.59% 67.25% 74.72% 95.45% 65.90% 63.90% 75.10% 75.06% 89.16%
Earnings before Interest and Taxes (EBIT)
557 112 119 96 15 147 160 103 117 47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
557 112 119 96 15 147 160 103 117 47
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
3.07 4.80 4.53 4.50 4.66 4.17 4.45 4.06 4.06 4.96
Price to Tangible Book Value (P/TBV)
3.19 5.03 4.72 4.68 4.86 4.34 4.61 4.20 4.18 5.14
Price to Revenue (P/Rev)
2.58 3.34 3.30 3.10 4.24 3.92 4.27 3.97 4.03 4.28
Price to Earnings (P/E)
7.36 9.69 9.30 8.51 21.05 19.35 20.26 19.02 16.90 21.84
Dividend Yield
1.08% 1.65% 0.80% 0.79% 0.80% 4.33% 1.90% 2.01% 1.84% 6.24%
Earnings Yield
13.59% 10.33% 10.75% 11.75% 4.75% 5.17% 4.94% 5.26% 5.92% 4.58%
Enterprise Value to Invested Capital (EV/IC)
2.35 4.23 4.06 4.04 4.40 3.94 4.23 3.88 3.89 4.69
Enterprise Value to Revenue (EV/Rev)
2.27 3.45 3.41 3.20 4.31 3.96 4.33 4.03 4.09 4.32
Enterprise Value to EBITDA (EV/EBITDA)
5.37 8.00 7.91 7.18 18.54 15.45 16.40 15.34 13.63 17.49
Enterprise Value to EBIT (EV/EBIT)
5.37 8.09 7.91 7.18 18.54 15.80 16.40 15.34 13.63 17.81
Enterprise Value to NOPAT (EV/NOPAT)
6.46 9.99 9.62 8.79 21.39 19.56 20.56 19.32 17.14 22.02
Enterprise Value to Operating Cash Flow (EV/OCF)
9.68 23.27 21.74 19.41 19.88 12.84 14.72 15.07 12.97 13.59
Enterprise Value to Free Cash Flow (EV/FCFF)
9.69 9.17 12.61 15.45 12.76 35.41 31.65 31.83 0.00 32.08
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.14 0.17 0.15 0.15 0.08 0.07 0.07 0.06 0.06 0.07
Long-Term Debt to Equity
0.04 0.17 0.00 0.00 0.08 0.00 0.07 0.06 0.06 0.00
Financial Leverage
0.13 0.17 0.16 0.17 0.11 0.12 0.11 0.10 0.07 0.07
Leverage Ratio
3.65 3.85 3.76 3.95 3.82 3.84 3.60 3.60 3.57 3.68
Compound Leverage Factor
3.63 3.92 3.89 3.95 3.82 3.74 3.60 3.60 3.57 3.68
Debt to Total Capital
12.54% 14.51% 13.29% 12.88% 7.15% 6.61% 6.17% 5.94% 5.41% 6.17%
Short-Term Debt to Total Capital
9.40% 0.00% 13.29% 12.88% 0.00% 6.61% 0.00% 0.00% 0.00% 6.17%
Long-Term Debt to Total Capital
3.14% 14.51% 0.00% 0.00% 7.15% 0.00% 6.17% 5.94% 5.41% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
87.46% 85.49% 86.71% 87.12% 92.85% 93.39% 93.83% 94.06% 94.59% 93.83%
Debt to EBITDA
0.29 0.27 0.26 0.23 0.30 0.26 0.24 0.23 0.19 0.23
Net Debt to EBITDA
-0.75 0.24 0.26 0.23 0.30 0.16 0.24 0.23 0.19 0.14
Long-Term Debt to EBITDA
0.07 0.27 0.00 0.00 0.30 0.00 0.24 0.23 0.19 0.00
Debt to NOPAT
0.34 0.34 0.32 0.28 0.35 0.33 0.30 0.30 0.24 0.29
Net Debt to NOPAT
-0.90 0.30 0.32 0.28 0.35 0.21 0.30 0.30 0.24 0.17
Long-Term Debt to NOPAT
0.09 0.34 0.00 0.00 0.35 0.00 0.30 0.30 0.24 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
246 150 -55 -230 208 -22 11 -51 -354 -68
Operating Cash Flow to CapEx
7,971.66% -2,226.36% 5,420.44% 11,525.18% 3,705.26% 26,421.00% 6,514.78% 5,155.40% 63,218.44% 24,489.48%
Free Cash Flow to Firm to Interest Expense
122.19 74.35 -27.41 -112.49 111.19 -15.80 6.79 -31.70 -219.07 -45.30
Operating Cash Flow to Interest Expense
55.76 -16.11 34.47 85.19 52.64 88.90 43.85 88.42 135.66 85.84
Operating Cash Flow Less CapEx to Interest Expense
55.06 -16.84 33.84 84.45 51.22 88.57 43.17 86.70 135.45 85.49
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.34 0.36 0.39 0.41 0.28 0.30 0.31 0.31 0.32 0.33
Fixed Asset Turnover
32.69 33.22 35.42 39.45 28.88 31.25 33.20 34.13 37.72 39.25
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,594 1,377 1,504 1,552 1,399 1,514 1,621 1,685 1,848 1,622
Invested Capital Turnover
1.11 1.20 1.25 1.40 0.96 1.04 1.01 1.00 1.08 1.13
Increase / (Decrease) in Invested Capital
194 -52 151 308 -195 136 117 133 449 108
Enterprise Value (EV)
3,749 5,827 6,100 6,277 6,158 5,959 6,860 6,531 7,190 7,613
Market Capitalization
4,273 5,650 5,901 6,077 6,058 5,895 6,760 6,431 7,090 7,553
Book Value per Share
$30.73 $25.95 $28.65 $29.68 $28.49 $30.98 $33.29 $34.67 $38.22 $33.22
Tangible Book Value per Share
$29.55 $24.76 $27.47 $28.50 $27.32 $29.81 $32.12 $33.50 $37.05 $32.05
Total Capital
1,594 1,377 1,504 1,552 1,399 1,514 1,621 1,685 1,848 1,622
Total Debt
200 200 200 200 100 100 100 100 100 100
Total Long-Term Debt
50 200 0.00 0.00 100 0.00 100 100 100 0.00
Net Debt
-524 177 200 200 100 64 100 100 100 60
Capital Expenditures (CapEx)
1.41 1.46 1.28 1.51 2.66 0.46 1.09 2.75 0.35 0.52
Net Nonoperating Expense (NNE)
0.00 0.00 -3.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
200 200 200 200 100 100 100 100 100 100
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$9.69 $0.54 $2.17 $1.70 $0.30 $0.63 $2.80 $1.79 $2.08 $0.23
Adjusted Weighted Average Basic Shares Outstanding
45.38M 181.47M 45.53M 45.59M 45.62M 182.38M 45.68M 45.74M 45.78M 183.06M
Adjusted Diluted Earnings per Share
$9.61 $0.54 $2.15 $1.69 $0.29 $0.63 $2.77 $1.78 $2.06 $0.23
Adjusted Weighted Average Diluted Shares Outstanding
45.78M 183.18M 46.04M 46.04M 46.07M 184.31M 46.16M 46.18M 46.22M 184.90M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.54 $0.00 $0.00 $0.00 $0.63 $0.00 $0.00 $0.00 $0.23
Adjusted Weighted Average Basic & Diluted Shares Outstanding
45.38M 91.03M 45.55M 45.60M 45.63M 91.32M 45.71M 45.75M 45.82M 183.53M
Normalized Net Operating Profit after Tax (NOPAT)
454 92 96 76 12 115 124 81 94 52
Normalized NOPAT Margin
52.78% 25.80% 26.36% 20.12% 3.63% 26.52% 28.00% 19.45% 20.07% 11.80%
Pre Tax Income Margin
64.54% 31.97% 33.83% 25.28% 4.55% 33.19% 36.10% 24.90% 24.94% 10.84%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
276.56 55.63 59.20 46.91 8.02 107.32 98.88 64.40 72.25 31.79
NOPAT to Interest Expense
218.53 48.60 47.64 37.93 7.23 83.48 79.05 51.12 58.77 27.39
EBIT Less CapEx to Interest Expense
275.86 54.91 58.56 46.17 6.60 106.98 98.21 62.69 72.03 31.44
NOPAT Less CapEx to Interest Expense
217.83 47.88 47.00 37.20 5.81 83.14 78.38 49.40 58.55 27.04
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
23.55% 62.54% 57.60% 51.23% 127.30% 45.99% 42.13% 41.87% 33.96% 68.15%
Augmented Payout Ratio
23.55% 62.54% 57.60% 51.23% 127.30% 45.99% 42.13% 41.87% 33.96% 68.15%

Frequently Asked Questions About RLI's Financials

When does RLI's financial year end?

According to the most recent income statement we have on file, RLI's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has RLI's net income changed over the last 9 years?

RLI's net income appears to be on an upward trend, with a most recent value of $345.78 million in 2024, rising from $137.54 million in 2015. The previous period was $304.61 million in 2023.

How has RLI revenue changed over the last 9 years?

Over the last 9 years, RLI's total revenue changed from $787.21 million in 2015 to $1.76 billion in 2024, a change of 124.1%.

How much debt does RLI have?

RLI's total liabilities were at $4.11 billion at the end of 2024, a 9.0% increase from 2023, and a 114.8% increase since 2015.

How much cash does RLI have?

In the past 9 years, RLI's cash and equivalents has ranged from $11.08 million in 2015 to $88.80 million in 2021, and is currently $39.79 million as of their latest financial filing in 2024.

How has RLI's book value per share changed over the last 9 years?

Over the last 9 years, RLI's book value per share changed from 18.98 in 2015 to 33.22 in 2024, a change of 75.0%.

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This page (NYSE:RLI) was last updated on 4/15/2025 by MarketBeat.com Staff
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