RLI Corp.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
11.128.27
Price/Sales ratio
1.791.46
Earnings per Share (EPS)
$6.35$8.54

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.7219.7924.1425.4947.8421.0129.8318.1510.2019.9218.1121.01
Price/Sales ratio
2.743.423.393.353.754.014.764.293.503.984.303.75
Price/Book Value ratio
2.513.303.363.133.804.044.124.125.054.294.343.80
Price/Cash Flow ratio
17.2917.8415.9013.5514.1414.5417.8013.1723.7713.0713.7114.54
Price/Free Cash Flow ratio
18.3619.0917.5214.2214.5514.9118.2013.4624.3513.2413.8314.91
Price/Earnings Growth ratio
2.31-31.07-1.50-2.78-1.210.10-1.610.230.09-0.419.66-1.21
Dividend Yield
7.50%4.39%4.41%4.24%2.70%2.12%1.87%2.66%6.12%2.30%3.09%2.70%
Profitability Indicator Ratios
Gross Profit Margin
100%100.23%100%100.44%100%100%100%100%100%100%99.98%100%
Operating Profit Margin
25.40%25.68%20.15%11.54%9.16%23.19%19.30%29.19%42.45%-1.84%21.60%9.16%
Pretax Profit Margin
24.44%24.75%19.24%10.61%8.26%23.19%19.30%29.19%42.44%24.75%29.16%8.26%
Net Profit Margin
17.47%17.30%14.07%13.17%7.84%19.09%15.97%23.68%34.35%19.98%23.76%7.84%
Effective Tax Rate
28.52%30.06%26.84%-24.16%5.03%17.65%17.25%18.86%19.04%19.25%20.20%5.03%
Return on Assets
4.87%5.02%4.13%3.56%2.06%5.40%3.98%6.19%12.23%5.88%7.24%2.06%
Return On Equity
16.02%16.70%13.95%12.30%7.95%19.25%13.82%22.72%49.55%21.54%26.77%7.95%
Return on Capital Employed
19.79%20.97%16.91%9.17%7.84%6.61%4.87%7.71%16.32%-0.55%6.58%6.61%
Liquidity Ratios
Current Ratio
1.101.101.111.101.021.06N/AN/AN/AN/A143.301.02
Quick Ratio
0.030.020.020.030.20110.7524.3027.909.840.33143.300.20
Cash ratio
0.020.000.010.010.011.791.472.070.060.3313.870.01
Days of Sales Outstanding
N/AN/A185.38N/AN/A198.17229.45239.9940.73N/A49.90198.17
Days of Inventory outstanding
N/A-380.82KN/A-211.62KN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/A-380.82KN/A-211.62KN/AN/AN/AN/AN/AN/A49.90N/A
Days of Payables Outstanding
N/A-7.47KN/A-2.20KN/AN/AN/AN/AN/AN/A80.04KN/A
Cash Conversion Cycle
N/A-373.35KN/A-209.41KN/AN/AN/AN/AN/AN/A-79.99KN/A
Debt Ratios
Debt Ratio
0.050.050.050.050.040.040.030.040.04N/A0.010.04
Debt Equity Ratio
0.170.180.180.170.180.140.130.160.16N/A0.050.14
Long-term Debt to Capitalization
0.150.150.150.140.150.130.110.13N/AN/A0.050.13
Total Debt to Capitalization
0.150.150.150.140.150.130.110.130.14N/A0.050.13
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A24.96N/AN/AN/A61.38N/A
Cash Flow to Debt Ratio
0.821.021.171.321.451.851.761.921.25N/A5.541.45
Company Equity Multiplier
3.283.323.373.453.843.563.463.664.043.663.313.56
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.190.210.240.260.270.260.320.140.300.310.26
Free Cash Flow / Operating Cash Flow Ratio
0.940.930.900.950.970.970.970.970.970.980.990.97
Cash Flow Coverage Ratio
0.821.021.171.321.451.851.761.921.25N/A5.541.45
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/A1.25N/AN/AN/A
Dividend Payout Ratio
118.02%86.93%106.58%108.36%129.48%44.66%55.95%48.44%62.53%45.99%33.96%44.66%