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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($3.0B vs $2.4B, roughly 1.2× OLD REPUBLIC INTERNATIONAL CORP). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 25.6% vs 13.8%, a 11.8% gap on every dollar of revenue. On growth, RENAISSANCERE HOLDINGS LTD posted the faster year-over-year revenue change (29.6% vs 6.7%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs 6.9%).
Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
ORI vs RNR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.4B | $3.0B |
| Net Profit | $330.0M | $760.5M |
| Gross Margin | — | — |
| Operating Margin | — | 42.5% |
| Net Margin | 13.8% | 25.6% |
| Revenue YoY | 6.7% | 29.6% |
| Net Profit YoY | 34.7% | 501.0% |
| EPS (diluted) | — | $16.16 |
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.
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $3.0B | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $2.3B | $4.0B | ||
| Q2 24 | $1.9B | $2.8B |
| Q1 26 | $330.0M | — | ||
| Q4 25 | $206.5M | $760.5M | ||
| Q3 25 | $279.5M | $916.5M | ||
| Q2 25 | $204.4M | $835.4M | ||
| Q1 25 | $245.0M | $170.0M | ||
| Q4 24 | $105.3M | $-189.7M | ||
| Q3 24 | $338.9M | $1.2B | ||
| Q2 24 | $91.8M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 42.5% | ||
| Q3 25 | 14.6% | 46.3% | ||
| Q2 25 | 11.8% | 41.8% | ||
| Q1 25 | 14.6% | -2.0% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | 18.2% | 43.7% | ||
| Q2 24 | 6.1% | 25.0% |
| Q1 26 | 13.8% | — | ||
| Q4 25 | 8.6% | 25.6% | ||
| Q3 25 | 11.5% | 28.7% | ||
| Q2 25 | 9.3% | 26.1% | ||
| Q1 25 | 11.6% | 4.9% | ||
| Q4 24 | 5.3% | -8.3% | ||
| Q3 24 | 14.5% | 29.8% | ||
| Q2 24 | 4.9% | 17.8% |
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $16.16 | ||
| Q3 25 | $1.11 | $19.40 | ||
| Q2 25 | $0.81 | $17.20 | ||
| Q1 25 | $0.98 | $3.27 | ||
| Q4 24 | $0.42 | $-3.76 | ||
| Q3 24 | $1.32 | $22.62 | ||
| Q2 24 | $0.35 | $9.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.7B |
| Total DebtLower is stronger | — | $2.3B |
| Stockholders' EquityBook value | $5.9M | $11.6B |
| Total Assets | $29.6M | $53.8B |
| Debt / EquityLower = less leverage | — | 0.20× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | $5.9M | — | ||
| Q4 25 | $5.9B | $11.6B | ||
| Q3 25 | $6.4B | $11.5B | ||
| Q2 25 | $6.2B | $10.8B | ||
| Q1 25 | $5.9B | $10.3B | ||
| Q4 24 | $5.6B | $10.6B | ||
| Q3 24 | $6.4B | $11.2B | ||
| Q2 24 | $6.0B | $10.2B |
| Q1 26 | $29.6M | — | ||
| Q4 25 | $29.9B | $53.8B | ||
| Q3 25 | $30.3B | $54.5B | ||
| Q2 25 | $29.3B | $54.7B | ||
| Q1 25 | $28.0B | $53.6B | ||
| Q4 24 | $27.8B | $50.7B | ||
| Q3 24 | $28.8B | $52.8B | ||
| Q2 24 | $27.5B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — | $483.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 0.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $234.9M | $483.0M | ||
| Q3 25 | $563.9M | $1.6B | ||
| Q2 25 | $133.8M | $1.5B | ||
| Q1 25 | $231.7M | $157.8M | ||
| Q4 24 | $361.7M | $778.9M | ||
| Q3 24 | $474.8M | $1.5B | ||
| Q2 24 | $236.5M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.14× | 0.64× | ||
| Q3 25 | 2.02× | 1.73× | ||
| Q2 25 | 0.65× | 1.76× | ||
| Q1 25 | 0.95× | 0.93× | ||
| Q4 24 | 3.43× | — | ||
| Q3 24 | 1.40× | 1.26× | ||
| Q2 24 | 2.58× | 2.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
RNR
Segment breakdown not available.
