RLI Corp. (RLI) financial statements (2021 and earlier)

Company profile

Business Address 9025 N. LINDBERGH DRIVE
PEORIA, IL 61615
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty 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 investments5865074234231747
Cash and cash equivalents62463024181131
Short-term investments52446112105616
Total current assets:5865074234231747
Noncurrent Assets
Operating lease, right-of-use asset1622
Property, plant and equipment51535556554743
Long-term investments and receivables1281049590727160
Long-term investments1281049590727160
Intangible assets, net (including goodwill), including:54545559647173
Goodwill464646505158 
Intangible assets, net (excluding goodwill)888101313 
Other undisclosed intangible assets, net (including goodwill)      73
Total noncurrent assets:250233204205191189175
Other undisclosed assets3,1032,8052,8592,7082,5632,5302,553
TOTAL ASSETS:3,9383,5463,1052,9472,7782,7372,776
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation149149149149149150150
Long-term debt, excluding current maturities149149149149149150150
Liabilities, other than long-term debt806573   
Deferred income tax liabilities8057
Qualified affordable housing project investments, commitment 973  
Total noncurrent liabilities:230215157152149150150
Other undisclosed liabilities2,5732,3362,1421,9421,8051,7631,781
Total liabilities:2,8032,5502,2982,0941,9541,9131,930
Stockholders' equity
Stockholders' equity attributable to parent, including:1,136995807854824823845
Common stock11167676666
Treasury stock, value(401)(401)(401)(402)(404)(404)(407)
Additional paid in capital335321306233230221214
Accumulated other comprehensive income (loss)10952(15)158123124171
Retained earnings1,0841,014908789797805787
Other undisclosed stockholders' equity attributable to parent8889111114
Total stockholders' equity:1,136995807854824823845
TOTAL LIABILITIES AND EQUITY:3,9383,5463,1052,9472,7782,7372,776

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
Revenues9841,004818797816795775
Premiums earned, net866839791
Financial services revenue   687
Cost of revenue(170)(168)(159)(147)(141)(135)(426)
Deferred policy acquisition costs, amortization expense(170)(168)(159)(147)(141)(135)(129)
Financial services costs   (297)
Gross profit:813835659651675659349
Operating expenses(67)(69)(54)(57)(53)(51)(54)
Operating income:747766605594622608295
Nonoperating income
(Investment Income, Nonoperating)
      82
Interest and debt expense(8)(8)(7)(7)(7)(7)(7)
Income from continuing operations before equity method investments, income taxes:739758598586614600369
Income from equity method investments20211617111112
Other undisclosed loss from continuing operations before income taxes(569)(546)(546)(519)(468)(414)(192)
Income from continuing operations before income taxes:1902336885157197189
Income tax expense (benefit)(33)(41)(3)20(42)(59)(54)
Net income available to common stockholders, diluted:15719264105115138135

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:15719264105115138135
Other comprehensive income (loss)(15)(18)9(19)125(19)
Comprehensive income:1421747386116163116
Other undisclosed comprehensive income (loss), net of tax, attributable to parent7185(43)54(2)(73)54
Comprehensive income, net of tax, attributable to parent:2132593014011490171

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: