vs

Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and Primo Brands Corp (PRMB). 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 $1.6B, roughly 1.5× Primo Brands Corp). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs -0.8%, a 14.6% gap on every dollar of revenue.

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

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

ORI vs PRMB — Head-to-Head

Bigger by revenue
ORI
ORI
1.5× larger
ORI
$2.4B
$1.6B
PRMB
Higher net margin
ORI
ORI
14.6% more per $
ORI
13.8%
-0.8%
PRMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORI
ORI
PRMB
PRMB
Revenue
$2.4B
$1.6B
Net Profit
$330.0M
$-13.0M
Gross Margin
27.7%
Operating Margin
1.2%
Net Margin
13.8%
-0.8%
Revenue YoY
6.7%
Net Profit YoY
34.7%
EPS (diluted)
$-0.03

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
PRMB
PRMB
Q1 26
$2.4B
Q4 25
$2.4B
$1.6B
Q3 25
$2.4B
$1.8B
Q2 25
$2.2B
$1.7B
Q1 25
$2.1B
$1.6B
Q4 24
$2.0B
Q3 24
$2.3B
$0
Q2 24
$1.9B
$1.3B
Net Profit
ORI
ORI
PRMB
PRMB
Q1 26
$330.0M
Q4 25
$206.5M
$-13.0M
Q3 25
$279.5M
$16.8M
Q2 25
$204.4M
$27.6M
Q1 25
$245.0M
$28.7M
Q4 24
$105.3M
Q3 24
$338.9M
$-2.0K
Q2 24
$91.8M
$54.5M
Gross Margin
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
27.7%
Q3 25
29.9%
Q2 25
31.3%
Q1 25
32.3%
Q4 24
Q3 24
Q2 24
32.7%
Operating Margin
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
1.2%
Q3 25
14.6%
8.3%
Q2 25
11.8%
6.5%
Q1 25
14.6%
9.5%
Q4 24
Q3 24
18.2%
Q2 24
6.1%
12.1%
Net Margin
ORI
ORI
PRMB
PRMB
Q1 26
13.8%
Q4 25
8.6%
-0.8%
Q3 25
11.5%
1.0%
Q2 25
9.3%
1.6%
Q1 25
11.6%
1.8%
Q4 24
5.3%
Q3 24
14.5%
Q2 24
4.9%
4.1%
EPS (diluted)
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
$0.82
$-0.03
Q3 25
$1.11
$0.04
Q2 25
$0.81
$0.07
Q1 25
$0.98
$0.08
Q4 24
$0.42
Q3 24
$1.32
$-20.00
Q2 24
$0.35
$0.25

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$376.7M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$5.9M
$3.0B
Total Assets
$29.6M
$10.6B
Debt / EquityLower = less leverage
1.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
$376.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
$5.2B
Q3 25
$5.1B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ORI
ORI
PRMB
PRMB
Q1 26
$5.9M
Q4 25
$5.9B
$3.0B
Q3 25
$6.4B
$3.2B
Q2 25
$6.2B
$3.2B
Q1 25
$5.9B
$3.3B
Q4 24
$5.6B
Q3 24
$6.4B
$-2.0K
Q2 24
$6.0B
$-296.8M
Total Assets
ORI
ORI
PRMB
PRMB
Q1 26
$29.6M
Q4 25
$29.9B
$10.6B
Q3 25
$30.3B
$11.0B
Q2 25
$29.3B
$11.0B
Q1 25
$28.0B
$11.0B
Q4 24
$27.8B
Q3 24
$28.8B
$0
Q2 24
$27.5B
Debt / Equity
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
1.72×
Q3 25
1.61×
Q2 25
1.57×
Q1 25
1.51×
Q4 24
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
PRMB
PRMB
Operating Cash FlowLast quarter
$203.1M
Free Cash FlowOCF − Capex
$57.3M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
$234.9M
$203.1M
Q3 25
$563.9M
$283.4M
Q2 25
$133.8M
$155.0M
Q1 25
$231.7M
$38.8M
Q4 24
$361.7M
Q3 24
$474.8M
$0
Q2 24
$236.5M
$102.5M
Free Cash Flow
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
$57.3M
Q3 25
$167.7M
Q2 25
$101.1M
Q1 25
$-23.2M
Q4 24
Q3 24
Q2 24
$61.4M
FCF Margin
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
3.7%
Q3 25
9.5%
Q2 25
5.8%
Q1 25
-1.4%
Q4 24
Q3 24
Q2 24
4.7%
Capex Intensity
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
9.4%
Q3 25
6.6%
Q2 25
3.1%
Q1 25
3.8%
Q4 24
Q3 24
Q2 24
3.1%
Cash Conversion
ORI
ORI
PRMB
PRMB
Q1 26
Q4 25
1.14×
Q3 25
2.02×
16.87×
Q2 25
0.65×
5.62×
Q1 25
0.95×
1.35×
Q4 24
3.43×
Q3 24
1.40×
Q2 24
2.58×
1.88×

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%

PRMB
PRMB

Regional Spring Water$765.1M49%
Purified Water$484.5M31%
Other$188.4M12%
Premium Water$90.3M6%
Other Water$25.8M2%

Related Comparisons