Old Republic International Corp.

ORI ·Financial, Insurance - Property & Casualty, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $6.26B $5.90B $5.77B $5.53B $5.44B $4.97B $4.65B $4.10B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $789.9M $736.9M $674.7M $637.7M $696.0M $-93.9M $-185.6M $59.5M
Operating Margin 12.6% 12.5% 11.7% 11.5% 12.8% -1.9% -4.0% 1.5%
Interest Expense $64.5M $50.9M $42.9M $28.3M $23.1M $34.6M $51.1M $31.9M
Pretax Income $725.4M $686.0M $631.8M $609.4M $672.9M $-128.5M $-236.7M $27.6M
Income Tax Expense $164.8M $219.0M $209.6M $199.7M $225.0M $-59.8M $-96.1M $-2.5M
Net Income $560.5M $466.9M $422.1M $409.7M $447.8M $-68.6M $-140.5M $30.1M
Net Margin 8.9% 7.9% 7.3% 7.4% 8.2% -1.4% -3.0% 0.7%
EPS (Basic) $2.14 $1.80 $1.63 $1.58 $1.74 $-0.27 $-0.55 $0.13
EPS (Diluted) $1.92 $1.62 $1.48 $1.44 $1.57 $-0.27 $-0.55 $0.13
Shares Outstanding (Basic) 262.1M 259.4M 259.5M 258.6M 257.4M 255.8M 255.0M 241.1M
Shares Outstanding (Diluted) 299.4M 296.4M 296.1M 295.1M 293.7M 255.8M 255.0M 241.3M
Dividends Per Share $1.00 $0.75 $0.74 $0.73 $0.72 $0.71 $0.70 $0.69
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