Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance, Title Insurance, and the Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, commercial property, general liability, home warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, guaranteed asset protection, and surety. This segment provides its insurance products to businesses, government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' title insurance policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. The company was founded in 1923 and is based in Chicago, Illinois.

Old Republic International Corporation

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group (RFIG) Run-off Business. The Company's General Insurance segment consists of property and liability insurance, and offers coverages to businesses, government and other institutions. The Company's Title Insurance Group business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records, which contain information concerning interests in real property. The Company's RFIG run-off business consists of its mortgage guaranty and consumer credit indemnity (CCI) operations.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	5.44B -	5.53B 1.62%	5.77B 4.26%	5.90B 2.33%	6.26B 6.15%	6.02B 3.85%	7.21B 19.79%	7.17B 0.66%	9.34B 30.36%	8.08B 13.47%	7.26B 10.21%
cost of revenue											45.50M -
gross profit	5.44B -	5.53B 1.62%	5.77B 4.26%	5.90B 2.33%	6.26B 6.15%	6.02B 3.85%	7.21B 19.79%	7.17B 0.66%	9.34B 30.36%	8.08B 13.47%	7.21B 10.77%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	2.51B -	2.38B 5.13%	2.63B 10.58%	2.82B 6.96%	3.00B 6.37%	3.08B 2.83%	3.28B 6.42%	3.94B 20.25%	4.94B 25.36%	4.72B 4.51%
research and development expenses
other expenses	-7.26B -	-7.28B 0.26%	-7.73B 6.17%	-7.98B 3.30%	-8.47B 6.14%	-8.62B 1.79%	-9.30B 7.89%	-10.55B 13.42%	-12.51B 18.54%	7.23B 157.78%	-3.84B 153.19%
cost and expenses	4.77B -	4.92B 3.18%	5.13B 4.33%	5.21B 1.56%	5.54B 6.20%	5.58B 0.83%	5.89B 5.51%	6.48B 9.95%	7.42B 14.54%	7.23B 2.60%	-6.44B 189.12%
operating expenses	-4.75B -	-4.90B 3.10%	-5.09B 4.02%	-5.16B 1.41%	-5.47B 6.01%	-5.54B 1.22%	-6.02B 8.71%	-6.61B 9.71%	-7.57B 14.47%	7.23B 195.52%	3.84B 46.81%
interest expense	21.60M -	25.60M 18.52%	41.90M 63.67%	50.20M 19.81%	63M 25.50%	42.20M 33.02%	40M 5.21%	43.70M 9.25%	56.20M 28.60%	66.70M 18.68%	70.50M 5.70%
ebitda	694.40M -	635M 8.55%	673.60M 6.08%	736.10M 9.28%	788.30M 7.09%	480.20M 39.08%	1.19B 147.75%	557.10M 53.17%	1.78B 218.87%	924M 47.98%	598.60M 35.22%
operating income	694.40M -	635M 8.55%	673.60M 6.08%	736.10M 9.28%	788.30M 7.09%	480.20M 39.08%	1.19B 147.75%	557.10M 53.17%	1.78B 218.87%	923.90M 47.99%	598.60M 35.21%
depreciation and amortization							26.80M -	26.90M 0.37%	27.20M 1.12%	100K 99.63%	33M 32,900%
total other income expenses net	90.10M -	101.60M 12.76%	106.70M 5.02%	107.30M 0.56%	102.20M 4.75%	121.60M 18.98%	132.70M 9.13%	131.30M 1.06%	145.70M 10.97%	-66.50M 145.64%	747.40M 1,223.91%
income before tax	672.90M -	609.40M 9.44%	631.80M 3.68%	686M 8.58%	725.40M 5.74%	438.10M 39.61%	1.32B 201.85%	688.40M 47.94%	1.92B 179.21%	857.40M 55.39%	747.40M 12.83%
income tax expense	225M -	199.70M 11.24%	209.60M 4.96%	219M 4.48%	164.80M 24.75%	67.50M 59.04%	265.90M 293.93%	129.70M 51.22%	387.70M 198.92%	170.90M 55.92%	148.80M 12.93%
net income	447.80M -	409.70M 8.51%	422.10M 3.03%	466.90M 10.61%	560.50M 20.05%	370.50M 33.90%	1.06B 185.13%	558.60M 47.12%	1.53B 174.67%	686.40M 55.26%	598.60M 12.79%
weighted average shs out	257.44M -	258.55M 0.43%	259.50M 0.37%	259.43M 0.03%	262.11M 1.04%	294.25M 12.26%	299.89M 1.92%	298.41M 0.49%	301.95M 1.19%	301.68M 0.09%	282.73M 6.28%
weighted average shs out dil	293.68M -	295.07M 0.47%	296.09M 0.34%	296.38M 0.10%	299.39M 1.01%	301.02M 0.54%	301.23M 0.07%	298.90M 0.77%	303.67M 1.60%	303.30M 0.12%	285.47M 5.88%
eps	1.74 -	1.58 9.20%	1.63 3.16%	1.80 10.43%	2.14 18.89%	1.26 41.12%	3.52 179.37%	1.87 46.88%	5.08 171.66%	2.28 55.12%	2.12 7.02%
epsdiluted	1.52 -	1.44 5.26%	1.48 2.78%	1.62 9.46%	1.92 18.52%	1.23 35.94%	3.51 185.37%	1.87 46.72%	5.05 170.05%	2.26 55.25%	2.10 7.08%

NYSE:ORI

Old Republic International Corporation

Last Close

32.62

26/07 20:00

Market Cap

8.27B

Beta: 0.85

Volume Today

851.27K

Avg: 1.57M

PE Ratio

13.07

PFCF: 34.23

Dividend Yield

3.56%

Payout:23.56%

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