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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and PPL Corporation (PPL). Click either name above to swap in a different company.

OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $2.3B, roughly 1.0× PPL Corporation). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 11.3%, a 2.4% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs 6.7%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs 1.0%).

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

ORI vs PPL — Head-to-Head

Bigger by revenue
ORI
ORI
1.0× larger
ORI
$2.4B
$2.3B
PPL
Growing faster (revenue YoY)
PPL
PPL
+0.5% gap
PPL
7.2%
6.7%
ORI
Higher net margin
ORI
ORI
2.4% more per $
ORI
13.8%
11.3%
PPL
Faster 2-yr revenue CAGR
ORI
ORI
Annualised
ORI
13.2%
1.0%
PPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORI
ORI
PPL
PPL
Revenue
$2.4B
$2.3B
Net Profit
$330.0M
$266.0M
Gross Margin
Operating Margin
20.3%
Net Margin
13.8%
11.3%
Revenue YoY
6.7%
7.2%
Net Profit YoY
34.7%
50.3%
EPS (diluted)
$0.35

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.

Revenue
ORI
ORI
PPL
PPL
Q1 26
$2.4B
Q4 25
$2.4B
$2.3B
Q3 25
$2.4B
$2.2B
Q2 25
$2.2B
$2.0B
Q1 25
$2.1B
$2.5B
Q4 24
$2.0B
$2.2B
Q3 24
$2.3B
$2.1B
Q2 24
$1.9B
$1.9B
Net Profit
ORI
ORI
PPL
PPL
Q1 26
$330.0M
Q4 25
$206.5M
$266.0M
Q3 25
$279.5M
$318.0M
Q2 25
$204.4M
$183.0M
Q1 25
$245.0M
$414.0M
Q4 24
$105.3M
$177.0M
Q3 24
$338.9M
$214.0M
Q2 24
$91.8M
$190.0M
Operating Margin
ORI
ORI
PPL
PPL
Q1 26
Q4 25
20.3%
Q3 25
14.6%
25.4%
Q2 25
11.8%
19.9%
Q1 25
14.6%
26.6%
Q4 24
17.2%
Q3 24
18.2%
20.6%
Q2 24
6.1%
20.8%
Net Margin
ORI
ORI
PPL
PPL
Q1 26
13.8%
Q4 25
8.6%
11.3%
Q3 25
11.5%
14.2%
Q2 25
9.3%
9.0%
Q1 25
11.6%
16.3%
Q4 24
5.3%
8.1%
Q3 24
14.5%
10.3%
Q2 24
4.9%
10.1%
EPS (diluted)
ORI
ORI
PPL
PPL
Q1 26
Q4 25
$0.82
$0.35
Q3 25
$1.11
$0.43
Q2 25
$0.81
$0.25
Q1 25
$0.98
$0.56
Q4 24
$0.42
$0.23
Q3 24
$1.32
$0.29
Q2 24
$0.35
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ORI
ORI
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$5.9M
$14.9B
Total Assets
$29.6M
$45.2B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
PPL
PPL
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
Q1 25
$312.0M
Q4 24
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
Total Debt
ORI
ORI
PPL
PPL
Q1 26
Q4 25
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$16.5B
Q3 24
Q2 24
Stockholders' Equity
ORI
ORI
PPL
PPL
Q1 26
$5.9M
Q4 25
$5.9B
$14.9B
Q3 25
$6.4B
$14.4B
Q2 25
$6.2B
$14.3B
Q1 25
$5.9B
$14.3B
Q4 24
$5.6B
$14.1B
Q3 24
$6.4B
$14.1B
Q2 24
$6.0B
$14.1B
Total Assets
ORI
ORI
PPL
PPL
Q1 26
$29.6M
Q4 25
$29.9B
$45.2B
Q3 25
$30.3B
$43.9B
Q2 25
$29.3B
$42.4B
Q1 25
$28.0B
$41.8B
Q4 24
$27.8B
$41.1B
Q3 24
$28.8B
$40.5B
Q2 24
$27.5B
$39.8B
Debt / Equity
ORI
ORI
PPL
PPL
Q1 26
Q4 25
1.27×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ORI
ORI
PPL
PPL
Operating Cash FlowLast quarter
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
PPL
PPL
Q1 26
Q4 25
$234.9M
$548.0M
Q3 25
$563.9M
$966.0M
Q2 25
$133.8M
$602.0M
Q1 25
$231.7M
$513.0M
Q4 24
$361.7M
$511.0M
Q3 24
$474.8M
$781.0M
Q2 24
$236.5M
$766.0M
Free Cash Flow
ORI
ORI
PPL
PPL
Q1 26
Q4 25
$-614.0M
Q3 25
$-179.0M
Q2 25
$-328.0M
Q1 25
$-280.0M
Q4 24
$-349.0M
Q3 24
$102.0M
Q2 24
$96.0M
FCF Margin
ORI
ORI
PPL
PPL
Q1 26
Q4 25
-26.1%
Q3 25
-8.0%
Q2 25
-16.1%
Q1 25
-11.0%
Q4 24
-15.9%
Q3 24
4.9%
Q2 24
5.1%
Capex Intensity
ORI
ORI
PPL
PPL
Q1 26
Q4 25
49.5%
Q3 25
51.2%
Q2 25
45.6%
Q1 25
31.2%
Q4 24
39.3%
Q3 24
32.7%
Q2 24
35.8%
Cash Conversion
ORI
ORI
PPL
PPL
Q1 26
Q4 25
1.14×
2.06×
Q3 25
2.02×
3.04×
Q2 25
0.65×
3.29×
Q1 25
0.95×
1.24×
Q4 24
3.43×
2.89×
Q3 24
1.40×
3.65×
Q2 24
2.58×
4.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ORI
ORI

operating$2.2B92%
Other$201.8M8%

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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