vs

Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and Teradyne (TER). 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 $1.3B, roughly 1.9× Teradyne). Teradyne runs the higher net margin — 31.1% vs 13.8%, a 17.4% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 6.7%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 13.2%).

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

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

ORI vs TER — Head-to-Head

Bigger by revenue
ORI
ORI
1.9× larger
ORI
$2.4B
$1.3B
TER
Growing faster (revenue YoY)
TER
TER
+80.3% gap
TER
87.0%
6.7%
ORI
Higher net margin
TER
TER
17.4% more per $
TER
31.1%
13.8%
ORI
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
13.2%
ORI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ORI
ORI
TER
TER
Revenue
$2.4B
$1.3B
Net Profit
$330.0M
$398.9M
Gross Margin
60.9%
Operating Margin
36.9%
Net Margin
13.8%
31.1%
Revenue YoY
6.7%
87.0%
Net Profit YoY
-145.5%
EPS (diluted)
$2.53

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
TER
TER
Q1 26
$2.4B
$1.3B
Q4 25
$2.4B
$1.1B
Q3 25
$2.4B
$769.2M
Q2 25
$2.2B
$651.8M
Q1 25
$2.1B
$685.7M
Q4 24
$2.0B
$752.9M
Q3 24
$2.3B
$737.3M
Q2 24
$1.9B
$729.9M
Net Profit
ORI
ORI
TER
TER
Q1 26
$330.0M
$398.9M
Q4 25
$206.5M
$257.2M
Q3 25
$279.5M
$119.6M
Q2 25
$204.4M
$78.4M
Q1 25
$245.0M
$98.9M
Q4 24
$105.3M
$146.3M
Q3 24
$338.9M
$145.6M
Q2 24
$91.8M
$186.3M
Gross Margin
ORI
ORI
TER
TER
Q1 26
60.9%
Q4 25
57.2%
Q3 25
58.4%
Q2 25
57.2%
Q1 25
60.6%
Q4 24
59.4%
Q3 24
59.2%
Q2 24
58.3%
Operating Margin
ORI
ORI
TER
TER
Q1 26
36.9%
Q4 25
27.1%
Q3 25
14.6%
18.9%
Q2 25
11.8%
13.9%
Q1 25
14.6%
17.6%
Q4 24
20.4%
Q3 24
18.2%
20.6%
Q2 24
6.1%
28.8%
Net Margin
ORI
ORI
TER
TER
Q1 26
13.8%
31.1%
Q4 25
8.6%
23.7%
Q3 25
11.5%
15.5%
Q2 25
9.3%
12.0%
Q1 25
11.6%
14.4%
Q4 24
5.3%
19.4%
Q3 24
14.5%
19.8%
Q2 24
4.9%
25.5%
EPS (diluted)
ORI
ORI
TER
TER
Q1 26
$2.53
Q4 25
$0.82
$1.62
Q3 25
$1.11
$0.75
Q2 25
$0.81
$0.49
Q1 25
$0.98
$0.61
Q4 24
$0.42
$0.89
Q3 24
$1.32
$0.89
Q2 24
$0.35
$1.14

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
TER
TER
Cash + ST InvestmentsLiquidity on hand
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$5.9M
Total Assets
$29.6M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
TER
TER
Q1 26
$241.9M
Q4 25
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$553.4M
Q3 24
$510.0M
Q2 24
$421.9M
Total Debt
ORI
ORI
TER
TER
Q1 26
$0
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ORI
ORI
TER
TER
Q1 26
$5.9M
Q4 25
$5.9B
$2.8B
Q3 25
$6.4B
$2.7B
Q2 25
$6.2B
$2.8B
Q1 25
$5.9B
$2.8B
Q4 24
$5.6B
$2.8B
Q3 24
$6.4B
$2.9B
Q2 24
$6.0B
$2.7B
Total Assets
ORI
ORI
TER
TER
Q1 26
$29.6M
$4.4B
Q4 25
$29.9B
$4.2B
Q3 25
$30.3B
$4.0B
Q2 25
$29.3B
$3.8B
Q1 25
$28.0B
$3.7B
Q4 24
$27.8B
$3.7B
Q3 24
$28.8B
$3.8B
Q2 24
$27.5B
$3.6B

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
TER
TER
Operating Cash FlowLast quarter
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
TER
TER
Q1 26
$265.1M
Q4 25
$234.9M
$281.6M
Q3 25
$563.9M
$49.0M
Q2 25
$133.8M
$182.1M
Q1 25
$231.7M
$161.6M
Q4 24
$361.7M
$282.6M
Q3 24
$474.8M
$166.3M
Q2 24
$236.5M
$216.1M
Free Cash Flow
ORI
ORI
TER
TER
Q1 26
Q4 25
$218.8M
Q3 25
$2.4M
Q2 25
$131.7M
Q1 25
$97.6M
Q4 24
$225.2M
Q3 24
$114.4M
Q2 24
$171.2M
FCF Margin
ORI
ORI
TER
TER
Q1 26
Q4 25
20.2%
Q3 25
0.3%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
29.9%
Q3 24
15.5%
Q2 24
23.5%
Capex Intensity
ORI
ORI
TER
TER
Q1 26
Q4 25
5.8%
Q3 25
6.1%
Q2 25
7.7%
Q1 25
9.3%
Q4 24
7.6%
Q3 24
7.0%
Q2 24
6.1%
Cash Conversion
ORI
ORI
TER
TER
Q1 26
0.66×
Q4 25
1.14×
1.09×
Q3 25
2.02×
0.41×
Q2 25
0.65×
2.32×
Q1 25
0.95×
1.63×
Q4 24
3.43×
1.93×
Q3 24
1.40×
1.14×
Q2 24
2.58×
1.16×

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%

TER
TER

Segment breakdown not available.

Related Comparisons