Question 1

What is RLI's P/FCF ratio?

Accepted Answer

RLI (RLI) P/FCF ratio is 8.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for RLI?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For RLI specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is RLI's P/FCF ratio high or low?

Accepted Answer

RLI's P/FCF ratio of 8.8× is below its own 5-year average of 14.4× and below the sector median of 11.1×. That places the current reading at the 3th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is RLI's historical P/FCF ratio range?

Accepted Answer

In the available daily series, RLI (RLI) P/FCF ratio has ranged from a low of 3.6× in 2002 to a high of 526.5× in 2012. The 5-year average is 14.4× and the 5-year median is 13.5×.

Question 7

What was RLI's P/FCF ratio in 2025?

Accepted Answer

RLI (RLI) P/FCF ratio at the end of 2025 was 9.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does RLI's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$5.90B	$611.06M	9.7×	-3.9×	Dec 31, 2025
2024	$7.54B	$555.51M	13.6×	+0.3×	Dec 31, 2024
2023	$6.08B	$458.34M	13.3×	-11.2×	Dec 31, 2023
2022	$5.97B	$244.56M	24.4×	+10.9×	Dec 31, 2022
2021	$5.08B	$376.60M	13.5×	-4.8×	Dec 31, 2021
2020	$4.70B	$257.49M	18.3×	+3.3×	Dec 31, 2020
2019	$4.04B	$269.96M	15.0×	+0.6×	Dec 31, 2019
2018	$3.03B	$211.01M	14.4×	+0.1×	Dec 31, 2018
2017	$2.68B	$188.29M	14.2×	-3.3×	Dec 31, 2017
2016	$2.77B	$158.31M	17.5×	-1.7×	Dec 31, 2016
2015	$2.74B	$142.55M	19.2×	+0.8×	Dec 31, 2015
2014	$2.13B	$115.96M	18.4×	-0.7×	Dec 31, 2014
2013	$2.09B	$109.56M	19.1×	-58.5×	Dec 31, 2013
2012	$1.38B	$17.72M	77.6×	—	Dec 31, 2012
2011	—	—	—	—	Dec 31, 2011
2010	$1.10B	$97.94M	11.2×	+1.4×	Dec 31, 2010
2009	$1.14B	$116.19M	9.8×	+1.4×	Dec 31, 2009
2008	$1.31B	$155.33M	8.4×	-2.1×	Dec 31, 2008
2007	$1.29B	$122.57M	10.5×	+2.4×	Dec 31, 2007
2006	$1.37B	$168.54M	8.1×	+1.4×	Dec 31, 2006
2005	$1.27B	$187.49M	6.8×	+1.1×	Dec 31, 2005
2004	$1.05B	$184.91M	5.7×	+0.6×	Dec 31, 2004
2003	$942.91M	$186.62M	5.1×	+1.5×	Dec 31, 2003
2002	$562.94M	$158.57M	3.6×	-2.8×	Dec 31, 2002
2001	$442.20M	$69.47M	6.4×	—	Dec 31, 2001


Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Interactive Brokers (IBKR)	6.9×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for RLI (RLI)

P/FCF Ratio daily chart for RLI (RLI)

Historical P/FCF Ratio for RLI (RLI) from 2001 to 2025

About P/FCF Ratio at RLI (RLI)

RLI P/FCF Ratio by Year

RLI P/FCF Ratio 2025: 9.7×

RLI P/FCF Ratio 2024: 13.6×

RLI P/FCF Ratio 2023: 13.3×

RLI P/FCF Ratio 2022: 24.4×

RLI P/FCF Ratio 2021: 13.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

RLI (RLI) Key Financials

P/FCF Ratio daily chart for RLI (RLI)

Historical P/FCF Ratio for RLI (RLI) from 2001 to 2025

About P/FCF Ratio at RLI (RLI)

RLI P/FCF Ratio by Year

RLI P/FCF Ratio 2025: 9.7×

RLI P/FCF Ratio 2024: 13.6×

RLI P/FCF Ratio 2023: 13.3×

RLI P/FCF Ratio 2022: 24.4×

RLI P/FCF Ratio 2021: 13.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is RLI's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for RLI?

+Is RLI's P/FCF ratio high or low?

+What is RLI's historical P/FCF ratio range?

+What was RLI's P/FCF ratio in 2025?

+Why does RLI's P/FCF ratio change over time?

RLI (RLI) Key Financials