Old Republic InternationalFRA:ORJ +1.81%80 Pretax Margin % is 17.23% as of Mar. 2026, which is 48% above its 10-year median of 11.61. GuruFocus rates FRA:ORJ with a GF Score™ of 80/100 and a GF Value™ of €32.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 506 Insurance companies, Old Republic International ranks better than 55.14% on this metric.
The historical rank and industry rank for Old Republic International's Pretax Margin % or its related term are showing as below:
FRA:ORJ'
s Pretax Margin % Range Over the Past 10 Years
Min: 7 Med: 11.61 Max: 20.58
Current: 13.69
FRA:ORJ's Pretax Margin % is ranked better than 55.14% of 506
companies
in the Insurance industry
Industry Median: 12.02
vs FRA:ORJ: 13.69
Old Republic International (FRA:ORJ) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Old Republic International Pretax Margin % Related Terms
Old Republic International Pretax Margin % Historical Data
* 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.
FRA:ORJ vs AFG, KNSL, THG: Pretax Margin % Comparison
For the Insurance - Property & Casualty subindustry, Old Republic International's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Old Republic International Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Old Republic International's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Old Republic International's Pretax Margin % falls into.
* 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.
Old Republic International (FRA:ORJ) has a Pretax Margin % of 17.23% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Old Republic International and its competitors. This is 48% above median its historical median of 11.61. Over the past decade, Old Republic International's Pretax Margin % has ranged from 7.00 to 20.58. According to the industry distribution chart, Old Republic International ranks #227 out of 506 companies in the Insurance industry, placing it in the top 44.9%.
Is Old Republic International's Pretax Margin % too high?
Old Republic International's current Pretax Margin % of 17.23% is 48% above median its 10-year median of 11.61. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 20.58. The Insurance industry median Pretax Margin % is 12.02. Old Republic International's value of 17.23% is 43.3% above this industry median. Based on the distribution chart, Old Republic International ranks #227 out of 506 companies in the Insurance industry, which is above the industry midpoint. Overall, Old Republic International has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Republic International's Pretax Margin % compare to AFG and KNSL?
According to the Insurance industry distribution chart, Old Republic International ranks #227 out of 506 companies for Pretax Margin %. This puts Old Republic International in the upper half of its industry. The industry median Pretax Margin % is 12.02. Old Republic International's value of 17.23% is 43.3% above this benchmark. Historically, Old Republic International's own Pretax Margin % has ranged from 7.00 to 20.58 over the past decade. While the company's 10-year median is 11.61 vs. the industry median of 12.02, Old Republic International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 12.02, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old Republic International's current Pretax Margin % of 17.23% is 43.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Old Republic International and its competitors. For the Insurance industry, the median Pretax Margin % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Republic International's current Pretax Margin % is 17.23%, which is 48% above median its own 10-year median of 11.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Republic International stock overvalued right now?
Based on GuruFocus' analysis, Old Republic International (FRA:ORJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €32.25, compared to a current price of €35.96 — trading 11.5% above its estimated fair value. The current Pretax Margin % is 17.23%, which is 48% above median its 10-year median of 11.61 and 43.3% above the Insurance industry median of 12.02. Old Republic International's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Old Republic International (FRA:ORJ), the current Pretax Margin % is 17.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Old Republic International (FRA:ORJ) Overvalued in 2026?
Based on GuruFocus' analysis, Old Republic International stock appears to be overvalued.
The current stock price of €35.96 is trading 11.5% above its estimated GF Value™ of €32.25.
GuruFocus considers Old Republic International to be Modestly Overvalued.
Key valuation signals for FRA:ORJ:
Pretax Margin %: 17.23% (48% above median its 10-year median of 11.61)
GF Value™: €32.25 vs. price of €35.96 (11.5% above fair value)
Industry Position: 43.3% above the Insurance median (#227 of 506)
No single metric tells the full story. See the FRA:ORJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Republic International Corp is engaged in the business of insurance underwriting and related services. The company operates in two segments: Specialty Insurance and Title Insurance. The insurance provided by the company includes Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. The company generates the majority of its revenue from Specialty Insurance. The Specialty Insurance provides property and liability insurance principally to commercial clients.
80GF Score
Get the complete analysis for FRA:ORJ
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ORJ has been successfully added to your 
