RLI Corp (RLI) - Net Assets
Based on the latest financial reports, RLI Corp (RLI) has net assets worth $1.78 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.16 Billion) and total liabilities ($4.38 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RLI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.78 Billion |
| % of Total Assets | 28.86% |
| Annual Growth Rate | 10.22% |
| 5-Year Change | 44.64% |
| 10-Year Change | 115.91% |
| Growth Volatility | 11.75 |
RLI Corp - Net Assets Trend (1985–2025)
This chart illustrates how RLI Corp's net assets have evolved over time, based on quarterly financial data. Also explore RLI Corp (RLI) total assets for the complete picture of this company's asset base.
Annual Net Assets for RLI Corp (1985–2025)
The table below shows the annual net assets of RLI Corp from 1985 to 2025. For live valuation and market cap data, see RLI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.78 Billion | +16.84% |
| 2024-12-31 | $1.52 Billion | +7.67% |
| 2023-12-31 | $1.41 Billion | +20.06% |
| 2022-12-31 | $1.18 Billion | -4.23% |
| 2021-12-31 | $1.23 Billion | +8.22% |
| 2020-12-31 | $1.14 Billion | +14.12% |
| 2019-12-31 | $995.39 Million | +23.37% |
| 2018-12-31 | $806.84 Million | -5.48% |
| 2017-12-31 | $853.60 Million | +3.65% |
| 2016-12-31 | $823.57 Million | +0.01% |
| 2015-12-31 | $823.47 Million | -2.56% |
| 2014-12-31 | $845.06 Million | +1.94% |
| 2013-12-31 | $828.97 Million | +4.09% |
| 2012-12-31 | $796.36 Million | -2.75% |
| 2011-12-31 | $818.85 Million | +3.47% |
| 2010-12-31 | $791.38 Million | -4.91% |
| 2009-12-31 | $832.25 Million | +17.52% |
| 2008-12-31 | $708.15 Million | -8.56% |
| 2007-12-31 | $774.42 Million | +2.37% |
| 2006-12-31 | $756.52 Million | +9.18% |
| 2005-12-31 | $692.94 Million | +11.11% |
| 2004-12-31 | $623.66 Million | +12.55% |
| 2003-12-31 | $554.13 Million | +21.37% |
| 2002-12-31 | $456.56 Million | +36.11% |
| 2001-12-31 | $335.43 Million | +2.69% |
| 2000-12-31 | $326.65 Million | +11.46% |
| 1999-12-31 | $293.07 Million | -0.30% |
| 1998-12-31 | $293.96 Million | +10.29% |
| 1997-12-31 | $266.54 Million | +33.24% |
| 1996-12-31 | $200.04 Million | +26.12% |
| 1995-12-31 | $158.61 Million | +22.38% |
| 1994-12-31 | $129.60 Million | -6.96% |
| 1993-12-31 | $139.30 Million | +29.70% |
| 1992-12-31 | $107.40 Million | +15.73% |
| 1991-12-31 | $92.80 Million | +20.21% |
| 1990-12-31 | $77.20 Million | +9.82% |
| 1989-12-31 | $70.30 Million | +9.84% |
| 1988-12-31 | $64.00 Million | +10.73% |
| 1987-12-31 | $57.80 Million | +17.24% |
| 1986-12-31 | $49.30 Million | +35.81% |
| 1985-12-31 | $36.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RLI Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $91.88 Million | 1.49% |
| Other Components | $6.07 Billion | 98.51% |
| Total Equity | $6.16 Billion | 100.00% |
RLI Corp Competitors by Market Cap
The table below lists competitors of RLI Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Securities Co Ltd
SHG:601990
|
$4.73 Billion |
|
Jinneng Holding Shanxi Coal Industry Co Ltd
SHG:601001
|
$4.73 Billion |
|
Almonty Industries Inc
TO:AII
|
$4.73 Billion |
|
Bachem Holding AG
SW:BANB
|
$4.74 Billion |
|
FORM.DE C.Y C.ADR 1/5/EO1
F:FCC0
|
$4.73 Billion |
|
Powertech Technology Inc
TW:6239
|
$4.73 Billion |
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
$4.72 Billion |
|
Allfunds Group Ltd
AS:ALLFG
|
$4.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RLI Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,521,967,000 to 6,161,486,000, a change of 4,639,519,000 (304.8%).
- Net income of 403,337,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 173,723,000.
- Other factors increased equity by 4,062,459,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $403.34 Million | +6.55% |
| Other Comprehensive Income | $173.72 Million | +2.82% |
| Other Changes | $4.06 Billion | +65.93% |
| Total Change | $- | 304.84% |
Book Value vs Market Value Analysis
This analysis compares RLI Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 89.49x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.58 | $51.50 | x |
| 1986-12-31 | $0.65 | $51.50 | x |
| 1987-12-31 | $0.75 | $51.50 | x |
| 1988-12-31 | $0.85 | $51.50 | x |
| 1989-12-31 | $0.98 | $51.50 | x |
| 1990-12-31 | $1.09 | $51.50 | x |
| 1991-12-31 | $1.31 | $51.50 | x |
| 1992-12-31 | $1.50 | $51.50 | x |
| 1993-12-31 | $1.96 | $51.50 | x |
| 1994-12-31 | $1.82 | $51.50 | x |
| 1995-12-31 | $2.03 | $51.50 | x |
| 1996-12-31 | $2.07 | $51.50 | x |
| 1997-12-31 | $2.93 | $51.50 | x |
| 1998-12-31 | $3.45 | $51.50 | x |
| 1999-12-31 | $3.58 | $51.50 | x |
| 2000-12-31 | $4.11 | $51.50 | x |
| 2001-12-31 | $4.19 | $51.50 | x |
| 2002-12-31 | $5.56 | $51.50 | x |
| 2003-12-31 | $5.36 | $51.50 | x |
| 2004-12-31 | $5.98 | $51.50 | x |
| 2005-12-31 | $6.58 | $51.50 | x |
| 2006-12-31 | $7.40 | $51.50 | x |
| 2007-12-31 | $8.04 | $51.50 | x |
| 2008-12-31 | $8.10 | $51.50 | x |
| 2009-12-31 | $9.57 | $51.50 | x |
| 2010-12-31 | $9.31 | $51.50 | x |
| 2011-12-31 | $9.55 | $51.50 | x |
| 2012-12-31 | $9.23 | $51.50 | x |
| 2013-12-31 | $9.53 | $51.50 | x |
| 2014-12-31 | $9.64 | $51.50 | x |
| 2015-12-31 | $9.33 | $51.50 | x |
| 2016-12-31 | $9.27 | $51.50 | x |
| 2017-12-31 | $9.59 | $51.50 | x |
| 2018-12-31 | $9.00 | $51.50 | x |
| 2019-12-31 | $21.99 | $51.50 | x |
| 2020-12-31 | $25.03 | $51.50 | x |
| 2021-12-31 | $26.89 | $51.50 | x |
| 2022-12-31 | $12.85 | $51.50 | x |
| 2023-12-31 | $15.34 | $51.50 | x |
| 2024-12-31 | $16.46 | $51.50 | x |
| 2025-12-31 | $66.81 | $51.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RLI Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.43%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.00x
- Recent ROE (6.55%) is below the historical average (14.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.29% | 5.92% | 0.46x | 4.15x | $470.00K |
| 1986 | 19.88% | 9.03% | 0.57x | 3.83x | $4.87 Million |
| 1987 | 22.49% | 12.45% | 0.47x | 3.81x | $7.22 Million |
| 1988 | 11.41% | 7.08% | 0.45x | 3.56x | $900.00K |
| 1989 | 11.66% | 9.21% | 0.37x | 3.46x | $1.17 Million |
| 1990 | 15.03% | 12.58% | 0.35x | 3.46x | $3.88 Million |
| 1991 | 13.58% | 12.39% | 0.33x | 3.27x | $3.32 Million |
| 1992 | 12.20% | 10.15% | 0.38x | 3.18x | $2.36 Million |
| 1993 | 11.34% | 10.19% | 0.23x | 4.80x | $1.87 Million |
| 1994 | -3.70% | -3.04% | 0.21x | 5.80x | $-17.76 Million |
| 1995 | 4.98% | 5.04% | 0.19x | 5.14x | $-7.96 Million |
| 1996 | 12.85% | 16.54% | 0.18x | 4.23x | $5.69 Million |
| 1997 | 11.33% | 17.71% | 0.19x | 3.42x | $3.54 Million |
| 1998 | 9.61% | 16.80% | 0.17x | 3.44x | $-1.16 Million |
| 1999 | 10.73% | 13.93% | 0.19x | 3.99x | $2.14 Million |
| 2000 | 8.78% | 10.89% | 0.21x | 3.92x | $-3.97 Million |
| 2001 | 9.26% | 10.04% | 0.22x | 4.15x | $-2.50 Million |
| 2002 | 7.85% | 9.38% | 0.22x | 3.77x | $-9.80 Million |
| 2003 | 12.87% | 13.71% | 0.24x | 3.85x | $15.88 Million |
| 2004 | 11.71% | 12.62% | 0.23x | 3.96x | $10.67 Million |
| 2005 | 15.46% | 18.82% | 0.21x | 3.95x | $37.84 Million |
| 2006 | 17.80% | 21.28% | 0.23x | 3.66x | $58.99 Million |
| 2007 | 22.71% | 26.96% | 0.25x | 3.39x | $98.42 Million |
| 2008 | 11.11% | 14.02% | 0.23x | 3.42x | $7.86 Million |
| 2009 | 11.28% | 17.11% | 0.22x | 3.05x | $10.62 Million |
| 2010 | 16.10% | 21.76% | 0.23x | 3.18x | $48.29 Million |
| 2011 | 15.46% | 20.37% | 0.23x | 3.29x | $44.71 Million |
| 2012 | 12.98% | 15.59% | 0.25x | 3.32x | $23.71 Million |
| 2013 | 15.23% | 17.84% | 0.26x | 3.31x | $43.36 Million |
| 2014 | 16.03% | 17.43% | 0.28x | 3.28x | $50.94 Million |
| 2015 | 16.70% | 17.27% | 0.29x | 3.32x | $55.20 Million |
| 2016 | 13.95% | 14.05% | 0.29x | 3.37x | $32.56 Million |
| 2017 | 12.30% | 13.12% | 0.27x | 3.45x | $19.67 Million |
| 2018 | 7.95% | 7.82% | 0.26x | 3.85x | $-16.51 Million |
| 2019 | 19.25% | 19.04% | 0.28x | 3.56x | $92.10 Million |
| 2020 | 13.83% | 15.91% | 0.25x | 3.47x | $43.49 Million |
| 2021 | 22.72% | 23.60% | 0.26x | 3.67x | $156.42 Million |
| 2022 | 49.55% | 34.36% | 0.36x | 4.05x | $465.68 Million |
| 2023 | 21.55% | 20.15% | 0.29x | 3.66x | $163.26 Million |
| 2024 | 22.72% | 19.53% | 0.31x | 3.70x | $193.58 Million |
| 2025 | 6.55% | 21.43% | 0.31x | 1.00x | $-212.81 Million |
Industry Comparison
This section compares RLI Corp's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $9,651,950,700
- Average return on equity (ROE) among peers: 10.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RLI Corp (RLI) | $1.78 Billion | 11.29% | 2.47x | $4.73 Billion |
| American Coastal Insurance Corp (ACIC) | $203.76 Million | 20.13% | 1.87x | $551.54 Million |
| American Financial Group Inc (AFG) | $2.24 Billion | 5.56% | 6.08x | $10.94 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.36 Billion | 2.17% | 5.43x | $120.77 Million |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $372.20 Million |
| Assurant Inc (AIZ) | $5.87 Billion | 14.86% | 5.18x | $10.94 Billion |
| The Allstate Corporation (ALL) | $17.44 Billion | 6.50% | 5.73x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $-243.54 Million | 0.00% | 0.00x | $943.55 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $83.37 Million | 13.50% | 5.78x | $797.28 Million |
| Chubb Ltd (CB) | $63.69 Billion | 14.17% | 2.62x | $127.02 Billion |
| Cincinnati Financial Corporation (CINF) | $4.72 Billion | 6.35% | 1.01x | $25.23 Billion |
About RLI Corp
RLI Corp., an insurance holding company, provides property, casualty, and surety insurance products. Its Casualty segment provides commercial excess, personal umbrella, general liability, transportation, and management liability coverages; professional liability and workers' compensation for office-based professional coverages; commercial automobile liability and physical damage insurance to loca… Read more