FG vs RLI

For growth investors, RLI Corp.

(RLI) is the stronger pick with 6. 3% revenue growth year-over-year, versus 5. 7% for F&G Annuities & Life, Inc. (FG). RLI Corp. (RLI) offers the better valuation at 11. 4x trailing P/E (17. 9x forward), making it the more compelling value choice. Analysts rate F&G Annuities & Life, Inc. (FG) a "Hold" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, RLI Corp.

(RLI) is the cheapest at 11. 4x versus F&G Annuities & Life, Inc. at 14. 4x. On forward P/E, F&G Annuities & Life, Inc. is actually cheaper at 6. 6x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, F&G Annuities & Life, Inc.

(FG) delivered a total return of +78. 6%, compared to +9. 3% for RLI Corp. (RLI). Over 10 years, the gap is even starker: RLI returned +105. 0% versus FG's +78. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), RLI Corp.

(RLI) is the lower-risk stock at -0. 01β versus F&G Annuities & Life, Inc. 's 1. 02β — meaning FG is approximately -17427% more volatile than RLI relative to the S&P 500. On balance sheet safety, RLI Corp. (RLI) carries a lower debt/equity ratio of 6% versus 45% for F&G Annuities & Life, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), RLI Corp.

(RLI) is pulling ahead at 6. 3% versus 5. 7% for F&G Annuities & Life, Inc. (FG). On earnings-per-share growth, the picture is similar: RLI Corp. grew EPS 16. 6% year-over-year, compared to -61. 5% for F&G Annuities & Life, Inc.. Over a 3-year CAGR, FG leads at 36. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

RLI Corp.

(RLI) is the more profitable company, earning 21. 4% net margin versus 4. 6% for F&G Annuities & Life, Inc. — meaning it keeps 21. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RLI leads at 27. 5% versus 5. 6% for FG. At the gross margin level — before operating expenses — FG leads at 30. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, F&G Annuities & Life, Inc.

(FG) trades at 6. 6x forward P/E versus 17. 9x for RLI Corp. — 11. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FG: 14. 4% to $31. 00.

All stocks in this comparison pay dividends.

RLI Corp. (RLI) offers the highest yield at 5. 3%, versus 3. 8% for F&G Annuities & Life, Inc. (FG).

For long-horizon retirement investors, RLI Corp.

(RLI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 01), 5. 3% yield, +105. 0% 10Y return). Both have compounded well over 10 years (RLI: +105. 0%, FG: +78. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.