RLI (RLI) Scaled Net Operating Assets: 0.03 (As of Mar. 2026)


RLI RLI Corp RLI
71 GF Score
Price $57.56
GF Value $77.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is RLI Scaled Net Operating Assets?

RLI RLI +4.41% 71 Scaled Net Operating Assets is 0.03 as of Mar. 2026. GuruFocus rates RLI with a GF Score™ of 71/100 and a GF Value™ of $77.35 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RLI's operating assets for the quarter that ended in Mar. 2026 was $4,459 Mil. RLI's operating liabilities for the quarter that ended in Mar. 2026 was $4,258 Mil. RLI's Total Assets for the quarter that ended in Dec. 2025 was $6,161 Mil. Therefore, RLI's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.03.

RLI
71GF Score
RLI Corp RLI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RLI Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RLI's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6109.921-4283.29)/5628.802
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6161.486 - 51.565
=6109.921

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4383.29 - 0 - 100
=4283.29

RLI's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(4458.61-4258.186)/6161.486
=0.03

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6401.823 - 1943.213
=4458.61

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4605.433 - 297.247 - 50
=4258.186

* 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 Scaled Net Operating Assets of 0.03 mean?
RLI (RLI) has a Scaled Net Operating Assets of 0.03 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RLI and its competitors.
Is RLI's Scaled Net Operating Assets too high?
RLI's current Scaled Net Operating Assets is 0.03. Overall, RLI has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLI's Scaled Net Operating Assets compare to LMND and WTM?
RLI's Scaled Net Operating Assets of 0.03 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 Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RLI and its competitors. RLI's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLI stock overvalued right now?
Based on GuruFocus' analysis, RLI (RLI) is currently considered Modestly Undervalued. The stock's GF Value™ is $77.35, compared to a current price of $57.56 — trading 25.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.03. RLI's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For RLI (RLI), the current Scaled Net Operating Assets is 0.03 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 RLI (RLI) Overvalued in 2026?

Based on GuruFocus' analysis, RLI stock appears to be undervalued. The current stock price of $57.56 is trading 25.6% below its estimated GF Value™ of $77.35. GuruFocus considers RLI to be Modestly Undervalued.

Key valuation signals for RLI:

  • Scaled Net Operating Assets: 0.03
  • GF Value™: $77.35 vs. price of $57.56 (25.6% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the RLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

RLI Business Description

Other Exchanges RL1:Germany
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.
71GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.56
Price
$77.35
GF Value