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Old Republic International ORI Title Insurance Group — Goodwill, Impairment Loss

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$2.4B+13.5%
Net income$330.0M+34.7%
EPS (diluted)$1.32+34.7%

Balance sheet

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Cash & equivalents$202.1M-23.4%
Total debt$1.6B+0.1%
Total equity$5.9B-0.1%
Total assets$29.6B+5.6%

Cash flow

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Operating cash flow$281.4M+21.5%

Valuation

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Market cap$9.42B+1.1%
Enterprise value$10.81B+1.6%
P/E9.2×-2.7×
P/S-0.1×

Profitability

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Net margin10.8%+1.5pp

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Old Republic International in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Old Republic International’s 10-K, filed March 1, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does title insurance group — goodwill, impairment loss mean?
The reduction in the value of goodwill due to a decline in the expected performance of acquired businesses.
How do you interpret title insurance group — goodwill, impairment loss?
An impairment loss is a negative signal, indicating that past acquisitions are underperforming or market conditions have deteriorated.
How does title insurance group — goodwill, impairment loss compare across companies?
Standard accounting requirement; peers report this when business units fail to meet performance expectations.