OR
Old Republic International Corp
ORI—
Old Republic International Corp AI Insights
Informational only. Not investment advice.Snapshot
- FCF TTM of 1.3B equals 100% of operating cash flow - zero capex business model generates pure cash[Free Cash Flow]
- Receivables of 9.8B represent 112% of revenue TTM - typical for insurance float but concentration risk[Accounts Receivable]
- EPS down 16% YoY despite 4.4% 5Y revenue CAGR - margin compression underway[EPS Growth 1Y]
Watch Triggers
- EPS Growth 1Y: Negative growth persists >2 consecutive quarters — Would signal structural margin issue vs cyclical; dividend at risk if EPS falls below 2.50
- Net Margin: Falls below 8% TTM — Currently 9.5% vs 10.9% median; further compression invalidates quality thesis
- Dividend Payout Ratio: Exceeds 50% for 2+ quarters — 37.5% 7Y avg provides cushion; breach signals dividend cut risk
Bull Case
Zero-capex FCF machine: 1.3B FCF on 8.7B revenue (14.8% yield) with debt/equity of just 0.25 enables consistent capital returns
Free Cash FlowDebt to Equity
Trading at 1.8x book vs tangible equity of 6.4B - no goodwill impairment risk, clean balance sheet
P/B RatioTangible Book Value
Bear Case
EPS declining 16% YoY while 5Y EPS CAGR only 6% - recent earnings power deteriorating faster than long-term trend
EPS Growth 1YEPS Growth 5Y
ROE 13% and ROIC 10% lag industry medians of 14.5% and 6.3% respectively - capital efficiency middling
ROEROIC
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
45%
Leverage ORI's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Dividend sustainability at risk if EPS decline continues beyond cyclical normalization
1-3ymed
- 37.5% 7Y avg payout ratio leaves buffer but EPS fell 16% YoY
- FCF of 1.3B covers 284M dividends+buybacks 4.5x currently
- Insurance cycle turning could compress underwriting margins further
Dividend paid 70.9M vs FCF 1.3B TTMEPS 3.34 TTM vs prior year implied 3.97Net margin 9.5% vs industry median 10.9%
Valuation Context
Caveats
Public Strategies Rankings
See how Old Republic International Corp ranks across different investment strategies.
Leverage ORI's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
ORI Fundamentals
Finance and Insurance → Insurance Carriers and Related Activities
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$10.82B | — | ||
$12.17B | — | ||
13 | — | ||
$8.75B | +7.1% | — | |
$3.34 | -4.3% | — | |
0% | — | ||
9.53% | -2.0% | — | |
$1.29B | +11.8% | — | |
0.13 | -2.2% | — | |
Beta 5Y (Monthly) | unknown | — |
ORI Dividend History
111 dividends
2026
$2.500001/02/26$2.5000
2025
$3.160012/05/25$0.2900
09/05/25$0.2900
06/06/25$0.2900
03/10/25$0.2900
01/03/25$2.0000
2024
$1.060012/06/24$0.2650
09/06/24$0.2650
06/04/24$0.2650
03/08/24$0.2650
2023
$0.980012/04/23$0.2450
09/01/23$0.2450
06/02/23$0.2450
03/03/23$0.2450
2022
$1.920012/02/22$0.2300
08/31/22$1.2300
06/02/22$0.2300
03/04/22$0.2300
2021
$3.380012/03/21$0.2200
09/14/21$1.5000
08/31/21$0.2200
06/03/21$0.2200
03/08/21$0.2200
01/04/21$1.0000
2020
$0.840012/03/20$0.2100
09/03/20$0.2100
06/04/20$0.2100
03/06/20$0.2100
2019
$1.800012/05/19$0.2000
09/05/19$1.2000
06/03/19$0.2000
03/04/19$0.2000
2018
$1.780012/03/18$0.1950
08/31/18$0.1950
06/04/18$0.1950
03/02/18$0.1950
01/09/18$1.0000
2017
$0.760012/04/17$0.1900
08/31/17$0.1900
06/01/17$0.1900
03/02/17$0.1900
2016
$0.750012/01/16$0.1875
08/31/16$0.1875
06/01/16$0.1875
03/02/16$0.1875
2015
$0.740012/02/15$0.1850
09/02/15$0.1850
06/03/15$0.1850
03/04/15$0.1850
2014
$0.730012/03/14$0.1825
09/03/14$0.1825
06/02/14$0.1825
02/28/14$0.1825
2013
$0.720012/02/13$0.1800
09/04/13$0.1800
05/31/13$0.1800
03/07/13$0.1800
2012
$0.710011/30/12$0.1775
08/30/12$0.1775
06/01/12$0.1775
03/08/12$0.1775
2011
$0.700012/01/11$0.1750
09/01/11$0.1750
06/01/11$0.1750
03/02/11$0.1750
2010
$0.690012/02/10$0.1725
09/01/10$0.1725
06/02/10$0.1725
03/03/10$0.1725
2009
$0.680012/02/09$0.1700
09/02/09$0.1700
06/03/09$0.1700
03/02/09$0.1700
2008
$0.670012/03/08$0.1700
09/03/08$0.1700
06/03/08$0.1700
03/03/08$0.1600
2007
$0.630012/03/07$0.1600
08/31/07$0.1600
06/01/07$0.1600
03/02/07$0.1500
2006
$0.590012/01/06$0.1500
08/31/06$0.1500
06/01/06$0.1500
03/02/06$0.1400
2005
$1.312012/16/05$0.8000
11/30/05$0.1360
08/31/05$0.1360
06/01/05$0.1360
03/02/05$0.1040
2004
$0.402412/08/04$0.1040
09/01/04$0.1040
06/02/04$0.1040
03/03/04$0.0904
2003
$0.890612/11/03$0.5334
12/03/03$0.0906
09/03/03$0.0906
06/04/03$0.0906
03/05/03$0.0854
2002
$0.336212/04/02$0.0854
09/04/02$0.0854
06/05/02$0.0854
03/01/02$0.0800
2001
$0.314612/05/01$0.0800
09/05/01$0.0800
06/01/01$0.0800
03/01/01$0.0746
2000
$0.293212/01/00$0.0746
08/31/00$0.0746
06/01/00$0.0746
03/01/00$0.0694
ORI Stock Splits
2 stock splits
01/03/064:5 split
12/31/032:3 split
ORI SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
10/31/25 | 09/30/25 | 10-Q | |
08/01/25 | 06/30/25 | 10-Q | |
05/02/25 | 03/31/25 | 10-Q | |
02/27/25 | 12/31/24 | Unknown | |
11/01/24 | 09/30/24 | 10-Q | |
08/02/24 | 06/30/24 | 10-Q | |
05/03/24 | 03/31/24 | 10-Q | |
02/28/24 | 12/31/23 | 10-K | |
11/03/23 | 09/30/23 | 10-Q | |
08/07/23 | 06/30/23 | 10-Q | |
05/05/23 | 03/31/23 | 10-Q | |
02/24/23 | 12/31/22 | 10-K | |
11/04/22 | 09/30/22 | 10-Q | |
08/05/22 | 06/30/22 | 10-Q | |
05/06/22 | 03/31/22 | 10-Q | |
02/28/22 | 12/31/21 | 10-K | |
11/05/21 | 09/30/21 | 10-Q | |
07/30/21 | 06/30/21 | 10-Q | |
04/30/21 | 03/31/21 | 10-Q | |
03/01/21 | 12/31/20 | 10-K | |
10/30/20 | 09/30/20 | 10-Q | |
07/31/20 | 06/30/20 | 10-Q | |
05/08/20 | 03/31/20 | 10-Q | |
02/28/20 | 12/31/19 | 10-K | |
11/01/19 | 09/30/19 | 10-Q | |
08/07/19 | 06/30/19 | 10-Q | |
05/08/19 | 03/31/19 | 10-Q | |
02/28/19 | 12/31/18 | 10-K | |
11/02/18 | 09/30/18 | 10-Q | |
08/03/18 | 06/30/18 | 10-Q | |
05/09/18 | 03/31/18 | 10-Q | |
02/28/18 | 12/31/17 | 10-K | |
11/03/17 | 09/30/17 | 10-Q | |
08/04/17 | 06/30/17 | 10-Q | |
05/09/17 | 03/31/17 | 10-Q | |
02/28/17 | 12/31/16 | 10-K | |
11/04/16 | 09/30/16 | 10-Q | |
08/05/16 | 06/30/16 | 10-Q | |
05/06/16 | 03/31/16 | 10-Q | |
02/29/16 | 12/31/15 | 10-K | |
10/30/15 | 09/30/15 | 10-Q | |
07/31/15 | 06/30/15 | 10-Q | |
05/01/15 | 03/31/15 | 10-Q | |
03/02/15 | 12/31/14 | 10-K | |
10/31/14 | 09/30/14 | 10-Q | |
08/01/14 | 06/30/14 | 10-Q | |
05/07/14 | 03/31/14 | 10-Q | |
03/03/14 | 12/31/13 | 10-K | |
11/01/13 | 09/30/13 | 10-Q | |
08/02/13 | 06/30/13 | 10-Q | |
05/09/13 | 03/31/13 | 10-Q | |
03/01/13 | 12/31/12 | 10-K | |
11/02/12 | 09/30/12 | 10-Q | |
08/03/12 | 06/30/12 | 10-Q | |
05/08/12 | 03/31/12 | 10-Q | |
02/29/12 | 12/31/11 | 10-K | |
11/09/11 | 09/30/11 | 10-Q | |
08/02/11 | 06/30/11 | 10-Q | |
05/10/11 | 03/31/11 | 10-Q | |
02/28/11 | 12/31/10 | 10-K | |
11/09/10 | 09/30/10 | 10-Q | |
08/09/10 | 06/30/10 | 10-Q | |
05/05/10 | 03/31/10 | 10-Q | |
03/01/10 | 12/31/09 | 10-K | |
11/06/09 | 09/30/09 | 10-Q | |
07/31/09 | 06/30/09 | 10-Q | |
04/28/09 | 03/31/09 | 10-Q | |
02/27/09 | 12/31/08 | 10-K | |
10/31/08 | 09/30/08 | 10-Q | |
08/07/08 | 06/30/08 | 10-Q | |
05/02/08 | 03/31/08 | 10-Q | |
02/26/08 | 12/31/07 | 10-K | |
11/02/07 | 09/30/07 | 10-Q | |
08/03/07 | 06/30/07 | 10-Q | |
05/07/07 | 03/31/07 | 10-Q | |
03/01/07 | 12/31/06 | 10-K | |
11/06/06 | 09/30/06 | 10-Q | |
08/09/06 | 06/30/06 | 10-Q | |
05/10/06 | 03/31/06 | 10-Q | |
03/01/06 | 12/31/05 | 10-K | |
11/07/05 | 09/30/05 | 10-Q | |
08/09/05 | 06/30/05 | 10-Q | |
05/10/05 | 03/31/05 | 10-Q | |
03/16/05 | 12/31/04 | 10-K | |
11/08/04 | 09/30/04 | 10-Q | |
08/06/04 | 06/30/04 | 10-Q | |
05/10/04 | 03/31/04 | 10-Q | |
03/11/04 | 12/31/03 | 10-K | |
11/12/03 | 09/30/03 | 10-Q | |
08/08/03 | 06/30/03 | 10-Q | |
05/08/03 | 03/31/03 | 10-Q | |
03/26/03 | 12/31/02 | 10-K | |
11/12/02 | 09/30/02 | 10-Q | |
08/09/02 | 06/30/02 | 10-Q | |
05/09/02 | 03/31/02 | 10-Q | |
03/28/02 | 12/31/01 | 10-K405 | |
11/09/01 | 09/30/01 | 10-Q | |
08/09/01 | 06/30/01 | 10-Q | |
05/10/01 | 03/31/01 | 10-Q | |
03/28/01 | 12/31/00 | 10-K405 | |
11/13/00 | 09/30/00 | 10-Q | |
08/11/00 | 06/30/00 | 10-Q | |
05/11/00 | 03/31/00 | 10-Q |