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Side-by-side financial comparison of Claritev Corp (CTEV) and RLI CORP (RLI). Click either name above to swap in a different company.
RLI CORP is the larger business by last-quarter revenue ($465.7M vs $246.6M, roughly 1.9× Claritev Corp). RLI CORP runs the higher net margin — 19.6% vs -32.7%, a 52.3% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 6.1%). RLI CORP produced more free cash flow last quarter ($155.0M vs $36.4M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs 2.3%).
RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.
CTEV vs RLI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $465.7M |
| Net Profit | $-80.6M | $91.2M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | 24.4% |
| Net Margin | -32.7% | 19.6% |
| Revenue YoY | 6.2% | 6.1% |
| Net Profit YoY | 41.6% | 123.1% |
| EPS (diluted) | $-4.88 | $1.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $246.6M | $465.7M | ||
| Q3 25 | $246.0M | $509.3M | ||
| Q2 25 | $241.6M | $499.8M | ||
| Q1 25 | $231.3M | $407.7M | ||
| Q4 24 | $232.1M | $439.1M | ||
| Q3 24 | $230.5M | $470.0M | ||
| Q2 24 | $233.5M | $416.4M | ||
| Q1 24 | $234.5M | $444.8M |
| Q4 25 | $-80.6M | $91.2M | ||
| Q3 25 | $-69.8M | $124.6M | ||
| Q2 25 | $-62.6M | $124.3M | ||
| Q1 25 | $-71.3M | $63.2M | ||
| Q4 24 | $-138.0M | $40.9M | ||
| Q3 24 | $-391.4M | $95.0M | ||
| Q2 24 | $-576.7M | $82.0M | ||
| Q1 24 | $-539.7M | $127.9M |
| Q4 25 | -3.1% | 24.4% | ||
| Q3 25 | 4.1% | 30.9% | ||
| Q2 25 | 6.9% | 31.3% | ||
| Q1 25 | 4.2% | 19.3% | ||
| Q4 24 | -17.8% | 10.8% | ||
| Q3 24 | -146.7% | 24.9% | ||
| Q2 24 | -224.4% | 24.8% | ||
| Q1 24 | -207.4% | 36.0% |
| Q4 25 | -32.7% | 19.6% | ||
| Q3 25 | -28.4% | 24.5% | ||
| Q2 25 | -25.9% | 24.9% | ||
| Q1 25 | -30.8% | 15.5% | ||
| Q4 24 | -59.4% | 9.3% | ||
| Q3 24 | -169.8% | 20.2% | ||
| Q2 24 | -247.0% | 19.7% | ||
| Q1 24 | -230.1% | 28.8% |
| Q4 25 | $-4.88 | $1.00 | ||
| Q3 25 | $-4.23 | $1.35 | ||
| Q2 25 | $-3.81 | $1.34 | ||
| Q1 25 | $-4.38 | $0.68 | ||
| Q4 24 | $-8.49 | $-2.87 | ||
| Q3 24 | $-24.25 | $2.06 | ||
| Q2 24 | $-35.78 | $1.78 | ||
| Q1 24 | $-33.40 | $2.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | — |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $1.8B |
| Total Assets | $4.9B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | — | ||
| Q3 25 | $39.2M | — | ||
| Q2 25 | $56.4M | — | ||
| Q1 25 | $23.1M | — | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $86.6M | — | ||
| Q2 24 | $48.8M | — | ||
| Q1 24 | $58.7M | — |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | $100.0M | ||
| Q2 25 | $4.5B | $100.0M | ||
| Q1 25 | $4.5B | $100.0M | ||
| Q4 24 | $4.5B | $100.0M | ||
| Q3 24 | $4.5B | $100.0M | ||
| Q2 24 | $4.5B | $100.0M | ||
| Q1 24 | $4.5B | $100.0M |
| Q4 25 | $-173.9M | $1.8B | ||
| Q3 25 | $-101.8M | $1.9B | ||
| Q2 25 | $-39.9M | $1.7B | ||
| Q1 25 | $14.8M | $1.6B | ||
| Q4 24 | $84.0M | $1.5B | ||
| Q3 24 | $207.6M | $1.7B | ||
| Q2 24 | $603.4M | $1.6B | ||
| Q1 24 | $1.2B | $1.5B |
| Q4 25 | $4.9B | $6.2B | ||
| Q3 25 | $5.0B | $6.2B | ||
| Q2 25 | $5.1B | $6.0B | ||
| Q1 25 | $5.1B | $5.7B | ||
| Q4 24 | $5.2B | $5.6B | ||
| Q3 24 | $5.3B | $5.8B | ||
| Q2 24 | $5.7B | $5.5B | ||
| Q1 24 | $6.4B | $5.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | 304.87× | 0.06× | ||
| Q4 24 | 53.67× | 0.07× | ||
| Q3 24 | 21.73× | 0.06× | ||
| Q2 24 | 7.48× | 0.06× | ||
| Q1 24 | 3.85× | 0.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $156.8M |
| Free Cash FlowOCF − Capex | $36.4M | $155.0M |
| FCF MarginFCF / Revenue | 14.8% | 33.3% |
| Capex IntensityCapex / Revenue | 12.1% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $608.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $156.8M | ||
| Q3 25 | $19.9M | $179.2M | ||
| Q2 25 | $61.2M | $174.7M | ||
| Q1 25 | $-30.1M | $103.5M | ||
| Q4 24 | $-33.4M | $128.1M | ||
| Q3 24 | $72.8M | $219.4M | ||
| Q2 24 | $18.5M | $141.8M | ||
| Q1 24 | $49.7M | $70.9M |
| Q4 25 | $36.4M | $155.0M | ||
| Q3 25 | $-16.3M | $177.8M | ||
| Q2 25 | $36.6M | $173.4M | ||
| Q1 25 | $-68.9M | $102.5M | ||
| Q4 24 | $-63.8M | $127.6M | ||
| Q3 24 | $41.1M | $219.0M | ||
| Q2 24 | $-7.0M | $139.1M | ||
| Q1 24 | $19.2M | $69.9M |
| Q4 25 | 14.8% | 33.3% | ||
| Q3 25 | -6.6% | 34.9% | ||
| Q2 25 | 15.2% | 34.7% | ||
| Q1 25 | -29.8% | 25.1% | ||
| Q4 24 | -27.5% | 29.0% | ||
| Q3 24 | 17.8% | 46.6% | ||
| Q2 24 | -3.0% | 33.4% | ||
| Q1 24 | 8.2% | 15.7% |
| Q4 25 | 12.1% | 0.4% | ||
| Q3 25 | 14.7% | 0.3% | ||
| Q2 25 | 10.2% | 0.3% | ||
| Q1 25 | 16.8% | 0.3% | ||
| Q4 24 | 13.1% | 0.1% | ||
| Q3 24 | 13.8% | 0.1% | ||
| Q2 24 | 10.9% | 0.7% | ||
| Q1 24 | 13.0% | 0.2% |
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | — | 3.13× | ||
| Q3 24 | — | 2.31× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | — | 0.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
