Stocktoria

RLI CORP RLI

NYSE · stock · Fire, Marine & Casualty Insurance · website · IPO 1980-03-17 · LEI

RLI CORP statistics & valuation

Market cap$5.3B
P / E13.1×
P / S2.8×
P / B3.0×
P / FCF8.7×
Dividend yield4.56%
Net margin21.4%
Return on equity22.7%
FCF margin32.3%
Graham number -30.9%$43.50

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($43.50); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.10% 13.20% 7.80% 19.10% 16.00% 23.70% 34.40% 20.10% 19.50% 21.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
14.00% 12.30% 8.00% 19.30% 13.80% 22.70% 49.60% 21.50% 22.70% 22.70% 2016201720182019202020212022202320242025
Shares outstanding
88.9M 89.0M 89.7M 90.5M 90.8M 91.4M 91.6M 92.2M 92.5M 92.4M 2016201720182019202020212022202320242025
Net debt ($)
$87.3M $110.9M $199.9M $100.0M $100.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
4.10% 3.60% 2.10% 5.40% 4.00% 6.20% 12.20% 5.90% 6.10% 6.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
19.40% 23.60% 25.80% 26.90% 26.20% 31.90% 14.40% 30.30% 31.40% 32.30% 2016201720182019202020212022202320242025
Debt / equity (×)
0.13× 0.16× 0.17× 0.07× 0.07× 2016201720182019202020212022202320242025
EPS ($)
$1.29 $1.18 $0.71 $2.12 $1.73 $3.06 $6.37 $3.31 $3.74 $4.37 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

RLI CORP trades at about 14.4× earnings — below its 10-year norm (10-year range 10.4×–46.2×, median 22×).

10.4× 46.2×

Shaded band = 10-year range (10.4×–46.2×); dot = today's 14.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin21.4%19.5%20.1%34.4%23.7%16.0%19.1%7.8%13.2%14.1%
FCF margin32.3%31.4%30.3%14.4%31.9%26.2%26.9%25.8%23.6%19.4%
Return on assets6.5%6.1%5.9%12.2%6.2%4.0%5.4%2.1%3.6%4.1%
Return on equity22.7%22.7%21.5%49.6%22.7%13.8%19.3%8.0%12.3%14.0%
Debt / equity—0.07×0.07×0.17×0.16×0.13×————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.