RLI (RLI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

RLI

NYSE•Financial Services•Insurance - Property & Casualty

$63.90+1.19(0.02%)Pre-market

Market Cap

$5.99B

P/E

15.2x

P/S

3.1x

P/B

3.5x

RLI Corp., an insurance holding company, provides property, casualty, and surety insurance products. Its Casualty segment provides commercial excess, personal umbrella, general liability, transportation, and management liability coverages; professional liability and workers' compensation for office-based professional coverages; commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other specialty commercial automobile risks; incidental related insurance coverages; inland marine coverages; directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, public and private businesses risk, and home business insurance products. This segment also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. The company's Property segment offers commercial property insurance, such as fire, wind, difference in conditions, earthquake, flood, and collapse coverages; insurance for office buildings, apartments, condominiums, and industrial and mercantile structures; and cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment provides commercial surety bonds for medium and large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company offers reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

How this company scores

GoodMetricSide Score: 76/100

Strongest: Profitability (25/25); weakest: Growth (16/25).

Profitability25/25

Growth16/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality18/25

Strengths

Strong marginsHigh ROELow leverageInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.2x5y range 8.1x – 30.5x

Currently near its 20-quarter median.

P/S · 3.1x5y range 2.7x – 4.8x

Currently near its 20-quarter median.

P/B · 3.5x5y range 2.9x – 5.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Leverage Risk

Watch

Debt-to-equity has risen 203.8% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $5.99B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.94B
Q. Revenue: $476.96M
TTM EBITDA: $395.80M
TTM Op. Income: $395.80M
Q. Op. Income: $97.88M
TTM Net Income: $395.10M
Q. Net Income: $81.01M
EPS: $0.88
Shares Out.: $91.80M

$1.94B in TTM revenue grew 4.6% YoY, reaching $476.96M last quarter. TTM EBITDA of $395.80M and TTM operating income of $395.80M show growth is flowing through to the bottom line. TTM net income of $395.10M means revenue is converting into profit. Over the past year, TTM revenue is up 5% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 20.5%
Op. Margin: 20.5%
Net Margin: 17.0%

Op. margin of 20.5% is up 1.8% YoY — cost efficiency is improving. Net margin at 17.0% Over the past year, operating margin is up 10% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.2x
P/S Ratio: 3.1x
P/B Ratio: 3.5x

At 15.2x P/E, the stock trades within typical market levels. P/S of 3.1x and P/B of 3.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 10% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.45B
Cash: $46.21M
Long-Term Debt: $297.04M
Book Value: $1.70B
D/E Ratio: 0.2
Debt/EBITDA: 3.0

With $6.45B in assets and $297.04M in long-term debt, D/E is 0.2and book value is $1.70B — a conservative capital structure with a cushion to weather downturns. Across the last 6 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $194.66M
TTM Free Cash Flow: $531.54M
FCF Margin: 27.4%
FCF / Net Income: 1.3

TTM FCF of $531.54M on $194.66M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 9% — an improving trend.