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Side-by-side financial comparison of RLI CORP (RLI) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $465.7M, roughly 1.7× RLI CORP). RLI CORP runs the higher net margin — 19.6% vs 2.1%, a 17.5% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 6.1%). RLI CORP produced more free cash flow last quarter ($155.0M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 2.3%).
RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
RLI vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $465.7M | $809.5M |
| Net Profit | $91.2M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | 24.4% | 6.2% |
| Net Margin | 19.6% | 2.1% |
| Revenue YoY | 6.1% | 44.1% |
| Net Profit YoY | 123.1% | 663.9% |
| EPS (diluted) | $1.00 | $0.31 |
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.
| Q4 25 | $465.7M | $809.5M | ||
| Q3 25 | $509.3M | $899.8M | ||
| Q2 25 | $499.8M | $779.3M | ||
| Q1 25 | $407.7M | $571.6M | ||
| Q4 24 | $439.1M | $561.6M | ||
| Q3 24 | $470.0M | $538.2M | ||
| Q2 24 | $416.4M | $517.8M | ||
| Q1 24 | $444.8M | $371.4M |
| Q4 25 | $91.2M | $17.2M | ||
| Q3 25 | $124.6M | $56.6M | ||
| Q2 25 | $124.3M | $44.0M | ||
| Q1 25 | $63.2M | $4.2M | ||
| Q4 24 | $40.9M | $-3.1M | ||
| Q3 24 | $95.0M | $29.3M | ||
| Q2 24 | $82.0M | $30.9M | ||
| Q1 24 | $127.9M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | 24.4% | 6.2% | ||
| Q3 25 | 30.9% | 11.2% | ||
| Q2 25 | 31.3% | 10.6% | ||
| Q1 25 | 19.3% | 4.8% | ||
| Q4 24 | 10.8% | 2.5% | ||
| Q3 24 | 24.9% | 8.5% | ||
| Q2 24 | 24.8% | 8.8% | ||
| Q1 24 | 36.0% | 0.8% |
| Q4 25 | 19.6% | 2.1% | ||
| Q3 25 | 24.5% | 6.3% | ||
| Q2 25 | 24.9% | 5.7% | ||
| Q1 25 | 15.5% | 0.7% | ||
| Q4 24 | 9.3% | -0.5% | ||
| Q3 24 | 20.2% | 5.4% | ||
| Q2 24 | 19.7% | 6.0% | ||
| Q1 24 | 28.8% | -0.3% |
| Q4 25 | $1.00 | $0.31 | ||
| Q3 25 | $1.35 | $1.03 | ||
| Q2 25 | $1.34 | $0.79 | ||
| Q1 25 | $0.68 | $0.08 | ||
| Q4 24 | $-2.87 | $-0.06 | ||
| Q3 24 | $2.06 | $0.55 | ||
| Q2 24 | $1.78 | $0.59 | ||
| Q1 24 | $2.77 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $104.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $969.1M |
| Total Assets | $6.2B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.1M | ||
| Q3 25 | — | $156.1M | ||
| Q2 25 | — | $114.3M | ||
| Q1 25 | — | $101.9M | ||
| Q4 24 | — | $132.5M | ||
| Q3 24 | — | $74.7M | ||
| Q2 24 | — | $56.3M | ||
| Q1 24 | — | $48.0M |
| Q4 25 | — | — | ||
| Q3 25 | $100.0M | $1.6B | ||
| Q2 25 | $100.0M | — | ||
| Q1 25 | $100.0M | — | ||
| Q4 24 | $100.0M | — | ||
| Q3 24 | $100.0M | $515.0M | ||
| Q2 24 | $100.0M | — | ||
| Q1 24 | $100.0M | — |
| Q4 25 | $1.8B | $969.1M | ||
| Q3 25 | $1.9B | $912.0M | ||
| Q2 25 | $1.7B | $853.3M | ||
| Q1 25 | $1.6B | $807.9M | ||
| Q4 24 | $1.5B | $811.1M | ||
| Q3 24 | $1.7B | $573.7M | ||
| Q2 24 | $1.6B | $552.9M | ||
| Q1 24 | $1.5B | $525.0M |
| Q4 25 | $6.2B | $3.4B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $6.0B | $2.9B | ||
| Q1 25 | $5.7B | $2.8B | ||
| Q4 24 | $5.6B | $2.6B | ||
| Q3 24 | $5.8B | $1.5B | ||
| Q2 24 | $5.5B | $1.4B | ||
| Q1 24 | $5.3B | $1.3B |
| Q4 25 | — | — | ||
| Q3 25 | 0.05× | 1.78× | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.06× | 0.90× | ||
| Q2 24 | 0.06× | — | ||
| Q1 24 | 0.07× | — |
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 | $156.8M | $82.6M |
| Free Cash FlowOCF − Capex | $155.0M | $47.1M |
| FCF MarginFCF / Revenue | 33.3% | 5.8% |
| Capex IntensityCapex / Revenue | 0.4% | 4.4% |
| Cash ConversionOCF / Net Profit | 1.72× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $608.7M | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.8M | $82.6M | ||
| Q3 25 | $179.2M | $112.0M | ||
| Q2 25 | $174.7M | $83.0M | ||
| Q1 25 | $103.5M | $55.6M | ||
| Q4 24 | $128.1M | $40.7M | ||
| Q3 24 | $219.4M | $95.9M | ||
| Q2 24 | $141.8M | $34.6M | ||
| Q1 24 | $70.9M | $18.2M |
| Q4 25 | $155.0M | $47.1M | ||
| Q3 25 | $177.8M | $78.9M | ||
| Q2 25 | $173.4M | $46.4M | ||
| Q1 25 | $102.5M | $14.2M | ||
| Q4 24 | $127.6M | $13.8M | ||
| Q3 24 | $219.0M | $78.4M | ||
| Q2 24 | $139.1M | $19.7M | ||
| Q1 24 | $69.9M | $-10.6M |
| Q4 25 | 33.3% | 5.8% | ||
| Q3 25 | 34.9% | 8.8% | ||
| Q2 25 | 34.7% | 5.9% | ||
| Q1 25 | 25.1% | 2.5% | ||
| Q4 24 | 29.0% | 2.5% | ||
| Q3 24 | 46.6% | 14.6% | ||
| Q2 24 | 33.4% | 3.8% | ||
| Q1 24 | 15.7% | -2.8% |
| Q4 25 | 0.4% | 4.4% | ||
| Q3 25 | 0.3% | 3.7% | ||
| Q2 25 | 0.3% | 4.7% | ||
| Q1 25 | 0.3% | 7.2% | ||
| Q4 24 | 0.1% | 4.8% | ||
| Q3 24 | 0.1% | 3.3% | ||
| Q2 24 | 0.7% | 2.9% | ||
| Q1 24 | 0.2% | 7.7% |
| Q4 25 | 1.72× | 4.80× | ||
| Q3 25 | 1.44× | 1.98× | ||
| Q2 25 | 1.41× | 1.88× | ||
| Q1 25 | 1.64× | 13.20× | ||
| Q4 24 | 3.13× | — | ||
| Q3 24 | 2.31× | 3.27× | ||
| Q2 24 | 1.73× | 1.12× | ||
| Q1 24 | 0.55× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
ROAD
Segment breakdown not available.
