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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and Steris (STE). 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 $1.5B, roughly 1.6× Steris). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 12.9%, a 0.9% gap on every dollar of revenue. On growth, Steris posted the faster year-over-year revenue change (9.2% vs 6.7%). Over the past eight quarters, Steris's revenue compounded faster (15.8% CAGR vs 13.2%).

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

Steris plc is an American-Irish-based medical equipment company specializing in sterilization and surgical products for the US healthcare system. Steris is operationally headquartered in Mentor, Ohio, and has been legally registered in Dublin, Ireland, for tax purposes since 2018. Previously the company was registered in the United Kingdom from 2014 to 2018.

ORI vs STE — Head-to-Head

Bigger by revenue
ORI
ORI
1.6× larger
ORI
$2.4B
$1.5B
STE
Growing faster (revenue YoY)
STE
STE
+2.4% gap
STE
9.2%
6.7%
ORI
Higher net margin
ORI
ORI
0.9% more per $
ORI
13.8%
12.9%
STE
Faster 2-yr revenue CAGR
STE
STE
Annualised
STE
15.8%
13.2%
ORI

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ORI
ORI
STE
STE
Revenue
$2.4B
$1.5B
Net Profit
$330.0M
$192.9M
Gross Margin
43.8%
Operating Margin
18.3%
Net Margin
13.8%
12.9%
Revenue YoY
6.7%
9.2%
Net Profit YoY
-145.5%
11.2%
EPS (diluted)
$1.96

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
STE
STE
Q1 26
$2.4B
Q4 25
$2.4B
$1.5B
Q3 25
$2.4B
$1.5B
Q2 25
$2.2B
$1.4B
Q1 25
$2.1B
$1.5B
Q4 24
$2.0B
$1.4B
Q3 24
$2.3B
$1.3B
Q2 24
$1.9B
$1.3B
Net Profit
ORI
ORI
STE
STE
Q1 26
$330.0M
Q4 25
$206.5M
$192.9M
Q3 25
$279.5M
$191.9M
Q2 25
$204.4M
$177.4M
Q1 25
$245.0M
$145.7M
Q4 24
$105.3M
$173.5M
Q3 24
$338.9M
$150.0M
Q2 24
$91.8M
$145.4M
Gross Margin
ORI
ORI
STE
STE
Q1 26
Q4 25
43.8%
Q3 25
44.2%
Q2 25
45.1%
Q1 25
43.3%
Q4 24
44.5%
Q3 24
43.6%
Q2 24
44.7%
Operating Margin
ORI
ORI
STE
STE
Q1 26
Q4 25
18.3%
Q3 25
14.6%
18.2%
Q2 25
11.8%
17.7%
Q1 25
14.6%
14.6%
Q4 24
17.9%
Q3 24
18.2%
16.5%
Q2 24
6.1%
14.5%
Net Margin
ORI
ORI
STE
STE
Q1 26
13.8%
Q4 25
8.6%
12.9%
Q3 25
11.5%
13.1%
Q2 25
9.3%
12.8%
Q1 25
11.6%
9.8%
Q4 24
5.3%
12.7%
Q3 24
14.5%
11.3%
Q2 24
4.9%
11.4%
EPS (diluted)
ORI
ORI
STE
STE
Q1 26
Q4 25
$0.82
$1.96
Q3 25
$1.11
$1.94
Q2 25
$0.81
$1.79
Q1 25
$0.98
$1.48
Q4 24
$0.42
$1.75
Q3 24
$1.32
$1.51
Q2 24
$0.35
$1.46

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
STE
STE
Cash + ST InvestmentsLiquidity on hand
$423.7M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$5.9M
$7.2B
Total Assets
$29.6M
$10.6B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
STE
STE
Q1 26
Q4 25
$423.7M
Q3 25
$319.2M
Q2 25
$279.7M
Q1 25
$171.7M
Q4 24
$155.2M
Q3 24
$172.2M
Q2 24
$198.3M
Total Debt
ORI
ORI
STE
STE
Q1 26
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
ORI
ORI
STE
STE
Q1 26
$5.9M
Q4 25
$5.9B
$7.2B
Q3 25
$6.4B
$7.0B
Q2 25
$6.2B
$7.0B
Q1 25
$5.9B
$6.6B
Q4 24
$5.6B
$6.4B
Q3 24
$6.4B
$6.6B
Q2 24
$6.0B
$6.4B
Total Assets
ORI
ORI
STE
STE
Q1 26
$29.6M
Q4 25
$29.9B
$10.6B
Q3 25
$30.3B
$10.4B
Q2 25
$29.3B
$10.4B
Q1 25
$28.0B
$10.1B
Q4 24
$27.8B
$10.0B
Q3 24
$28.8B
$10.2B
Q2 24
$27.5B
$10.1B
Debt / Equity
ORI
ORI
STE
STE
Q1 26
Q4 25
0.27×
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.33×
Q2 24
0.35×

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
STE
STE
Operating Cash FlowLast quarter
$298.2M
Free Cash FlowOCF − Capex
$199.5M
FCF MarginFCF / Revenue
13.3%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters
$917.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
STE
STE
Q1 26
Q4 25
$234.9M
$298.2M
Q3 25
$563.9M
$287.8M
Q2 25
$133.8M
$420.0M
Q1 25
$231.7M
$260.8M
Q4 24
$361.7M
$332.8M
Q3 24
$474.8M
$250.7M
Q2 24
$236.5M
$303.7M
Free Cash Flow
ORI
ORI
STE
STE
Q1 26
Q4 25
$199.5M
Q3 25
$201.3M
Q2 25
$326.4M
Q1 25
$189.9M
Q4 24
$243.6M
Q3 24
$148.8M
Q2 24
$195.7M
FCF Margin
ORI
ORI
STE
STE
Q1 26
Q4 25
13.3%
Q3 25
13.8%
Q2 25
23.5%
Q1 25
12.8%
Q4 24
17.8%
Q3 24
11.2%
Q2 24
15.3%
Capex Intensity
ORI
ORI
STE
STE
Q1 26
Q4 25
6.6%
Q3 25
5.9%
Q2 25
6.7%
Q1 25
4.8%
Q4 24
6.5%
Q3 24
7.7%
Q2 24
8.4%
Cash Conversion
ORI
ORI
STE
STE
Q1 26
Q4 25
1.14×
1.55×
Q3 25
2.02×
1.50×
Q2 25
0.65×
2.37×
Q1 25
0.95×
1.79×
Q4 24
3.43×
1.92×
Q3 24
1.40×
1.67×
Q2 24
2.58×
2.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORI
ORI

operating$2.2B92%
net investment gains$201.8M8%

STE
STE

Servicerevenues$404.7M27%
Consumablerevenues$387.1M26%
Applied Sterilization Technologies$286.6M19%
Capitalequipmentrevenues$272.1M18%
Life Science$145.8M10%

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