Old Republic International (FRA:ORJ) Selling, General, & Admin. Expense: €1,991 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ORJ Old Republic International Corp FRA:ORJ
84 GF Score
Price €36.17
GF Value €31.85
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Old Republic International Selling, General, & Admin. Expense?

Old Republic International FRA:ORJ -1.52% 84 Selling, General, & Admin. Expense is €1,991 Mil as of Mar. 2026. GuruFocus rates FRA:ORJ with a GF Score™ of 84/100 and a GF Value™ of €31.85 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Old Republic International's selling, general, & admin. expense for the three months ended in Mar. 2026 was €976 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €1,991 Mil.


Old Republic International  (FRA:ORJ) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Old Republic International Selling, General, & Admin. Expense Related Terms


Old Republic International Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Old Republic International's Selling, General, & Admin. Expense 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.

Old Republic International Selling, General, & Admin. Expense Chart

Old Republic International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Old Republic International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 0.00 0.00 0.00 975.72 1,015.73

FRA:ORJ vs AFG, KNSL, THG: Selling, General, & Admin. Expense Comparison

For the Insurance - Property & Casualty subindustry, Old Republic International's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, Old Republic International's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Old Republic International's Selling, General, & Admin. Expense falls into.


FRA:ORJ
84GF Score
Old Republic International Corp FRA:ORJ
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Old Republic International Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,991 Mil.

* 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.

What does a Selling, General, & Admin. Expense of €1,991 Mil mean?
Old Republic International (FRA:ORJ) has a Selling, General, & Admin. Expense of €1,991 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Old Republic International and its competitors.
Is Old Republic International's Selling, General, & Admin. Expense too high?
Old Republic International's current Selling, General, & Admin. Expense is €1,991 Mil. Overall, Old Republic International has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Republic International's Selling, General, & Admin. Expense compare to AFG and KNSL?
Old Republic International's Selling, General, & Admin. Expense of €1,991 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Old Republic International and its competitors. Old Republic International's current Selling, General, & Admin. Expense is €1,991 Mil. 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 €31.85, compared to a current price of €36.17 — trading 13.6% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,991 Mil. Old Republic International's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Old Republic International (FRA:ORJ), the current Selling, General, & Admin. Expense is €1,991 Mil 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 €36.17 is trading 13.6% above its estimated GF Value™ of €31.85. GuruFocus considers Old Republic International to be Modestly Overvalued.

Key valuation signals for FRA:ORJ:

  • Selling, General, & Admin. Expense: €1,991 Mil
  • GF Value™: €31.85 vs. price of €36.17 (13.6% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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 Business Description

Other Exchanges ORI:USAORJ:Germany
Address 307 North Michigan Avenue, Chicago, IL, USA, 60601
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.
84GF Score

Get the complete analysis for FRA:ORJ

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.17
Price
€31.85
GF Value