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RLI (RLI) Net Margin % : 25.73% (As of Dec. 2023)


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What is RLI Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. RLI's Net Income for the three months ended in Dec. 2023 was $115 Mil. RLI's Revenue for the three months ended in Dec. 2023 was $445 Mil. Therefore, RLI's net margin for the quarter that ended in Dec. 2023 was 25.73%.

The historical rank and industry rank for RLI's Net Margin % or its related term are showing as below:

RLI' s Net Margin % Range Over the Past 10 Years
Min: 7.82   Med: 17.35   Max: 34.24
Current: 19.99


RLI's Net Margin % is ranked better than
85.36% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs RLI: 19.99

RLI Net Margin % Historical Data

The historical data trend for RLI's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RLI Net Margin % Chart

RLI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 15.91 23.60 34.24 19.99

RLI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.70 27.08 20.34 4.08 25.73

Competitive Comparison of RLI's Net Margin %

For the Insurance - Property & Casualty subindustry, RLI's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RLI's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, RLI's Net Margin % distribution charts can be found below:

* The bar in red indicates where RLI's Net Margin % falls into.



RLI Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

RLI's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=304.611/1523.851
=19.99 %

RLI's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=114.612/445.372
=25.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RLI  (NYSE:RLI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


RLI Net Margin % Related Terms

Thank you for viewing the detailed overview of RLI's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


RLI (RLI) Business Description

Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615

RLI (RLI) Headlines

From GuruFocus

RLI Reports Second Quarter 2023 Results

By Business Wire 07-24-2023

RLI Announces Product Leadership Retirement and Promotions

By Business Wire Business Wire 01-04-2023

Clark Kellogg Appointed to RLI Board of Directors

By Business Wire 11-13-2023

RLI Announces Hawaiian Wildfire Loss Estimates

By Business Wire 08-23-2023

Paul B. Medini Appointed to RLI Board of Directors

By Business Wire Business Wire 11-01-2022

RLI Declares Regular & Special Dividends

By Business Wire Business Wire 11-10-2022

Steven Scruggs Comments on RLI

By Sydnee Gatewood 08-17-2022