Old Republic International Corporation (ORI) financial statements (2021 and earlier)

Company profile

Business Address 307 N MICHIGAN AVE
CHICAGO, IL 60601
State of Incorp. DE
Fiscal Year End December 31
SIC 6351 - Surety Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments868563455796827829746
Cash and cash equivalents11979100126146160137
Short-term investments750484355670682669609
Prepaid expense  130114826346
Total current assets:868563585910910893792
Noncurrent Assets
Long-term investments and receivables  2813182818
Long-term investments  2813182818
Intangible assets, net (including goodwill)175175174161161161161
Goodwill175175174161161161161
Total noncurrent assets:175175202174178188178
Other undisclosed assets21,77220,33818,54018,32017,50416,03016,018
TOTAL ASSETS:22,81521,07619,32719,40418,59217,11116,988
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4  7   
Taxes payable4  7   
Total current liabilities:4  7   
Noncurrent Liabilities
Other undisclosed liabilities16,62415,07614,18114,66414,12013,23013,064
Total liabilities:16,62915,07614,18114,67014,12013,23013,064
Stockholders' equity
Stockholders' equity attributable to parent, including:6,1876,0005,1464,7334,4723,8813,924
Common stock304304303269263262 
Additional paid in capital1,3071,2981,278815714698 
Accumulated other comprehensive income (loss)28478(210)47432429 
Retained earnings4,3954,3863,8503,2073,2112,938 
Other undisclosed stockholders' equity attributable to parent(103)(65)(74)(32)(39)(46)3,924
Other undisclosed stockholders' equity000 000
Total stockholders' equity:6,1876,0005,1464,7334,4723,8813,924
TOTAL LIABILITIES AND EQUITY:22,81521,07619,32719,40418,59217,11116,988

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7,1667,2146,0226,2635,9015,7665,531
Premiums earned, net 5,498 
Financial services revenue5,2535,0804,8694,7594,446
Cost of revenue(2,491)(2,573)(2,461)(2,479)(2,348)(2,459)(2,150)
Policyholder benefits and claims incurred, net(2,473)(2,545) 
Deferred policy acquisition costs, amortization expense      365
Financial services costs(2,441)(2,459)(2,330)(2,441)(2,500)
Gross profit:4,6754,6413,5613,7843,5533,3073,381
Operating expenses      (54)
Operating income:4,6754,6413,5613,7843,5533,3073,327
Nonoperating income
(Investment Income, Nonoperating)
      269
Interest and debt expense(43)(43)(47)(65)(51)(43)(28)
Other undisclosed loss from continuing operations before equity method investments, income taxes(3,944)(3,276)(3,076)(2,995)(2,816)(2,632)(2,958)
Income from continuing operations before income taxes:6881,322438725686632609
Income tax expense(130)(266)(68)(165)(219)(210)(200)
Net income:5591,057371561467422410
Other undisclosed net loss attributable to parent(0)(0)(0)(0)(0)(0) 
Net income available to common stockholders, basic:5591,056371561467422410
Interest on convertible debt  314151515
Net income available to common stockholders, diluted:5591,056374575482437424

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:5591,057371561467422410
Other comprehensive income (loss)270287(176)74292(249)(131)
Comprehensive income:8291,344194635759173279
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(64)1(6)(9)2(14)45
Comprehensive income, net of tax, attributable to parent:7651,344189626761159324

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: