Income Statement Investors Title Company

Stocks

ITIC

US4618041069

Property & Casualty Insurance

Market Closed - Nasdaq 16:00:00 2026-09-04 EDT			5-day change	1st Jan Change
297.97 ^USD	-0.54%		+1.21%	+19.36%

08-10	Investors Title Keeps Quarterly Dividend at $0.46 a Share, Payable Sept. 1 to Holders of Record Sept. 15	MT
08-10	Tranche Update on Investors Title Company's Equity Buyback Plan announced on May 12, 2000.	CI

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Published financial data: INVESTORS TITLE COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Premiums and Annuity Revenues	274M	249M	171M	204M	213M
Total Interest And Dividend Income	10.69M	8.6M	12.81M	13.26M	12.68M
Gain (Loss) on Sale of Investments, Total (Rev)	16.8M	-11.23M	3.45M	4.68M	3.18M
Other Revenues, Total	24.16M	37.33M	37.13M	35.87M	44.21M
Total Revenues	326M	283M	225M	258M	273M
Policy Benefits	5.69M	4.26M	4.76M	4.53M	4.61M
Policy Acquisition / Underwriting Costs, Total	143M	122M	83.37M	107M	114M
Selling General & Admin Expenses, Total	13.36M	17.68M	17.78M	17.9M	17.75M
Salaries And Other Employee Benefits	63.89M	84.97M	76.28M	72.12M	71.67M
Other Operating Expenses	18.81M	24.81M	16.32M	16.94M	20.51M
Total Operating Expenses	245M	253M	199M	219M	228M
Operating Income	80.98M	30.05M	26.03M	39.24M	44.5M
EBT, Excl. Unusual Items	80.98M	30.05M	26.03M	39.24M	44.5M
Gain (Loss) on Sale of Assets	3.96M	58K	204K	221K	45K
EBT, Incl. Unusual Items	84.93M	30.11M	26.23M	39.46M	44.55M
Income Tax Expense	17.91M	6.2M	4.54M	8.39M	9.37M
Earnings From Continuing Operations	67.02M	23.9M	21.69M	31.07M	35.18M
Net Income to Company	67.02M	23.9M	21.69M	31.07M	35.18M
Minority Interest	-	-	-	-	-
Net Income - (IS)	67.02M	23.9M	21.69M	31.07M	35.18M
Net Income to Common Incl Extra Items	67.02M	23.9M	21.69M	31.07M	35.18M
Net Income to Common Excl. Extra Items	67.02M	23.9M	21.69M	31.07M	35.18M
Per Share Items
Net EPS - Basic	35.39	12.6	11.46	16.48	18.64
Basic EPS - Continuing Operations	35.39	12.6	11.46	16.48	18.64
Basic Weighted Average Shares Outstanding	1.89M	1.9M	1.89M	1.88M	1.89M
Net EPS - Diluted	35.28	12.59	11.45	16.43	18.57
Diluted EPS - Continuing Operations	35.28	12.59	11.45	16.43	18.57
Diluted Weighted Average Shares Outstanding	1.9M	1.9M	1.89M	1.89M	1.9M
Normalized Basic EPS	26.72	9.9	8.59	13.01	14.74
Normalized Diluted EPS	26.64	9.9	8.59	12.96	14.68
Dividend Per Share	1.82	1.84	1.84	1.84	1.84
Payout Ratio	5.15	14.6	16.05	11.16	56.66
Supplemental Items
EBITDA	83.41M	33.63M	30.15M	43.74M	48.92M
EBITA	81.52M	31.33M	27.39M	40.42M	45.3M
EBIT	80.98M	30.05M	26.03M	39.24M	44.5M
EBITDAR	85.11M	39.07M	32.88M	46.19M	50.92M
Total Revenues (As Reported)	329M	283M	225M	258M	273M
Effective Tax Rate - (Ratio)	21.09	20.61	17.32	21.26	21.03
Current Domestic Taxes	13.09M	10.85M	8.78M	7.77M	6.49M
Total Current Taxes	13.09M	10.85M	8.78M	7.77M	6.49M
Deferred Domestic Taxes	4.82M	-4.64M	-4.23M	624K	2.88M
Total Deferred Taxes	4.82M	-4.64M	-4.23M	624K	2.88M
Normalized Net Income	50.61M	18.78M	16.27M	24.53M	27.82M
Interest on Long-Term Debt	-	24K	22K	-	20K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	11.36M	11.88M	14.63M	14.83M	15.1M
Net Rental Expense, Total	1.7M	5.44M	2.73M	2.45M	2M
Stock-Based Comp., SG&A Exp. (Total)	299K	362K	425K	393K	543K
Stock-Based Comp., Other (Total)	-	-	-	1K	-
Total Stock-Based Compensation	299K	362K	425K	394K	543K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Investment In Debt Securities	79.79M	53.99M	63.85M	113M	118M
Investment In Equity and Preferred Securities, Total	97.15M	65.03M	52.07M	53.01M	57.53M
Total Other Investments	45.93M	109M	113M	66.56M	76.16M
Total investments	223M	228M	229M	233M	252M
Cash And Equivalents	37.17M	35.31M	24.03M	24.65M	20.84M
Other Receivables - (Insurance Template)	23.77M	21.09M	15.4M	17.52M	20.28M
Gross Property Plant And Equipment	32.49M	40.54M	48.65M	54.43M	60.7M
Accumulated Depreciation	-14.25M	-16.05M	-18.46M	-20.34M	-23.52M
Net Property Plant And Equipment	18.24M	24.49M	30.19M	34.09M	37.18M
Goodwill	7.2M	9.62M	9.62M	9.62M	9.29M
Other Intangibles, Total	9.6M	9.49M	8.12M	7.05M	13.25M
Other Current Assets, Total	11.72M	11.1M	13.52M	7.03M	9.39M
Other Long-Term Assets, Total	914K	958K	1M	1.06M	1.11M
Total Assets	331M	340M	331M	334M	363M
Liabilities
Accounts Payable, Total	30.47M	32.05M	16.66M	18.61M	25.92M
Accrued Expenses, Total	13.4M	15M	15.2M	15.4M	15.6M
Unpaid Claims	36.75M	37.19M	37.15M	37.06M	38.09M
Current Portion of Leases	1.55M	1.91M	2.37M	2.25M	1.68M
Long-Term Leases	3.78M	4.93M	4.08M	4.1M	6.37M
Current Income Taxes Payable	3.33M	-	-	276K	-
Deferred Tax Liability Non-Current	13.12M	7.66M	3.55M	4.1M	7.17M
Total Liabilities	102M	98.75M	79.01M	81.8M	94.84M
Common Stock, Total	-	-	-	-	-
Retained Earnings	226M	241M	251M	251M	267M
Comprehensive Income and Other	3.23M	200K	638K	355K	1.09M
Total Common Equity	229M	241M	252M	252M	268M
Minority Interest	-	-	-	-	-
Total Equity	229M	241M	252M	252M	268M
Total Liabilities And Equity	331M	340M	331M	334M	363M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.9M	1.9M	1.89M	1.89M	1.89M
ECS Total Common Shares Outstanding	1.9M	1.9M	1.89M	1.89M	1.89M
Book Value / Share	120.89	127.05	133.03	133.5	142.11
Tangible Book Value	212M	222M	234M	235M	246M
Tangible Book Value Per Share	112.02	116.97	123.64	124.66	130.17
Total Debt	5.33M	6.84M	6.45M	6.36M	8.05M
Net Debt	-31.84M	-28.47M	-17.58M	-18.3M	-12.79M
Debt Equivalent of Unfunded Proj. Benefit Obligation	12.28M	14.07M	14.29M	14.45M	14.65M
Debt Equivalent Oper. Leases	13.59M	43.54M	21.86M	19.6M	15.99M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	6.62M	4.42M	5.56M	4.95M	8.18M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	805K	805K	805K	999K	1.14M
Buildings, Total	4.81M	6.46M	6.17M	5.86M	5.38M
Machinery, Total	21.67M	26.57M	35.37M	41.42M	46.39M
Full Time Employees	539	626	545	521	548
Part Time Employees	23	29	26	29	26

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	67.02M	23.9M	21.69M	31.07M	35.18M
Depreciation, Depletion & Amortization	1.89M	2.3M	2.76M	3.32M	3.62M
Amortization of Goodwill and Intangible Assets - (CF)	544K	1.28M	1.36M	1.18M	797K
Total Depreciation, Depletion & Amortization	2.44M	3.58M	4.12M	4.5M	4.42M
(Gain) Loss On Sale of Asset - (CF)	-3.96M	-58K	-204K	-221K	-2.81M
(Gain) Loss on Sale of Investments - (CF)	-15.81M	11.5M	-7.15M	-8.11M	-4.65M
Total Asset Writedown	-	-	-	-	-
Stock-Based Compensation (CF)	299K	362K	425K	394K	543K
Change in Accounts Receivable	-3.53M	3.91M	5.71M	-2.72M	-1.07M
Change in Accounts Payable	7.85M	3.41M	-10.41M	2.15M	7.27M
Change In Income Taxes	2.69M	-4.5M	93K	1.36M	-1.95M
Change in insurance Reserves / Liabilities	-2.52M	-3.82M	-4.81M	-4.62M	-3.58M
Change in Other Net Operating Assets (Collected)	-9.03M	537K	635K	2.69M	-7.63M
Other Operating Activities	6.47M	-2.61M	-2.68M	3.34M	5.22M
Cash from Operations	51.93M	36.2M	7.43M	29.84M	30.94M
Capital Expenditure	-6.53M	-5.68M	-9.19M	-7.42M	-5.56M
Sale of Property, Plant, and Equipment	6.74M	26K	529K	275K	515K
Cash Acquisitions	-	-4.93M	-	-	-4.54M
Investment in Marketable and Equity Securities, Total	7.9M	-18.19M	1.96M	8.9M	-5.25M
Other Investing Activities, Total	960K	29K	-	-	-
Cash from Investing	9.07M	-28.75M	-6.7M	1.75M	-14.82M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-133K	-959K	-1.1M	-
Common Dividends Paid	-3.45M	-3.49M	-3.48M	-3.47M	-19.93M
Common & Preferred Stock Dividends Paid	-3.45M	-3.49M	-3.48M	-3.47M	-19.93M
Special Dividend Paid	-34.1M	-5.69M	-7.57M	-26.4M	-
Other Financing Activities, Total	-1K	-1K	-	-	-
Cash from Financing	-37.55M	-9.32M	-12.01M	-30.96M	-19.93M
Net Change in Cash	23.44M	-1.86M	-11.28M	623K	-3.82M
Supplemental Items
Cash Income Tax Paid (Refund)	10.41M	15.36M	8.69M	6.62M	8.41M
Net Debt Issued / Repaid	-	-	-	-	-
Levered Free Cash Flow	24.15M	-37.08M	-6.91M	79.82M	20.72M
Unlevered Free Cash Flow	24.15M	-37.08M	-6.91M	79.82M	20.72M
Change In Net Working Capital	22.66M	54.12M	18.54M	-57.82M	6.5M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	16.47	5.6	4.85	7.39	7.98
Return on Total Capital	23.08	7.79	6.43	9.5	10.41
Return On Equity %	31.21	10.17	8.81	12.35	13.53
Return on Common Equity	31.21	10.17	8.81	12.35	13.53
Margin Analysis
Gross Profit Margin %	54.38	55.59	60.75	56.65	56.63
SG&A Margin	23.73	36.23	41.89	34.88	32.79
EBITDA Margin %	25.62	11.87	13.43	16.95	17.94
EBITA Margin %	25.04	11.06	12.2	15.66	16.61
EBIT Margin %	24.87	10.61	11.59	15.21	16.32
Income From Continuing Operations Margin %	20.59	8.44	9.66	12.04	12.9
Net Income Margin %	20.59	8.44	9.66	12.04	12.9
Net Avail. For Common Margin %	20.59	8.44	9.66	12.04	12.9
Normalized Net Income Margin	15.55	6.63	7.24	9.5	10.2
Levered Free Cash Flow Margin	7.42	-13.09	-3.08	30.93	7.6
Unlevered Free Cash Flow Margin	7.42	-13.09	-3.08	30.93	7.6
Asset Turnover
Asset Turnover	1.06	0.84	0.67	0.78	0.78
Fixed Assets Turnover	19.77	13.26	8.21	8.03	7.65
Receivables Turnover (Average Receivables)	13.43	12.25	11.36	14.8	13.58
Short Term Liquidity
Current Ratio	1.39	1.99	2.29	1.47	1.47
Quick Ratio	1.24	1.85	2.08	1.36	1.33
Operating Cash Flow to Current Liabilities	0.61	0.42	0.1	0.41	0.38
Days Sales Outstanding (Average Receivables)	27.18	29.8	32.13	24.73	26.87
Average Days Payable Outstanding	152.79	197.94	254.8	179.09	184.68
Long Term Solvency
Total Debt/Equity	2.33	2.84	2.56	2.52	3
Total Debt / Total Capital	2.27	2.76	2.5	2.46	2.91
LT Debt/Equity	1.65	2.04	1.62	1.63	2.37
Long-Term Debt / Total Capital	1.61	1.99	1.58	1.59	2.31
Total Liabilities / Total Assets	30.89	29.06	23.9	24.52	26.12
Total Debt / EBITDA	0.06	0.18	0.2	0.14	0.16
Net Debt / EBITDA	-0.37	-0.73	-0.53	-0.4	-0.25
Total Debt / (EBITDA - Capex)	0.07	0.2	0.27	0.16	0.18
Net Debt / (EBITDA - Capex)	-0.41	-0.85	-0.74	-0.47	-0.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	37.72	-12.97	-20.75	14.93	5.67
Gross Profit, 1 Yr. Growth %	42.35	-11.03	-13.4	7.18	5.63
EBITDA, 1 Yr. Growth %	60.72	-59.68	-10.36	45.09	11.85
EBITA, 1 Yr. Growth %	62.59	-61.56	-12.59	47.59	12.08
EBIT, 1 Yr. Growth %	63.14	-62.89	-13.39	50.78	13.41
Earnings From Cont. Operations, 1 Yr. Growth %	70.02	-64.33	-9.28	43.29	13.22
Net Income, 1 Yr. Growth %	70.02	-64.33	-9.28	43.29	13.22
Normalized Net Income, 1 Yr. Growth %	63.14	-62.89	-13.39	50.78	13.41
Diluted EPS Before Extra, 1 Yr. Growth %	69.62	-64.31	-9.05	43.49	13.02
Net Property, Plant and Equip., 1 Yr. Growth %	24.11	34.31	23.26	12.93	9.06
Accounts Receivable, 1 Yr. Growth %	18.15	-17.02	-29.97	20.36	6.68
Total Assets, 1 Yr. Growth %	17.16	2.49	-2.71	0.91	8.86
Common Equity, 1 Yr. Growth %	14.3	5.2	4.37	0.09	6.56
Tangible Book Value, 1 Yr. Growth %	11.34	4.11	4.66	-0.09	3.83
Cash From Operations, 1 Yr. Growth %	52.31	-30.28	-79.49	301.83	3.68
Capital Expenditures, 1 Yr. Growth %	104.06	-13.05	61.7	-19.19	-25.15
Levered Free Cash Flow, 1 Yr. Growth %	-9.61	-253.54	-81.36	-1.25K	-74.04
Unlevered Free Cash Flow, 1 Yr. Growth %	-9.61	-253.54	-81.36	-1.25K	-74.04
Dividend Per Share, 1 Yr. Growth %	3.41	1.1	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	33.21	9.48	-16.95	-4.56	10.2
Gross Profit, 2 Yr. CAGR %	28.54	12.54	-12.22	-3.66	6.4
EBITDA, 2 Yr. CAGR %	40.86	-19.5	-39.88	14.04	27.39
EBITA, 2 Yr. CAGR %	42.26	-20.95	-42.04	13.58	28.61
EBIT, 2 Yr. CAGR %	42.68	-22.19	-43.31	14.28	30.77
Earnings From Cont. Operations, 2 Yr. CAGR %	45.96	-22.13	-43.12	14.02	27.37
Net Income, 2 Yr. CAGR %	45.96	-22.13	-43.12	14.02	27.37
Normalized Net Income, 2 Yr. CAGR %	42.68	-22.19	-43.31	14.28	30.77
Diluted EPS Before Extra, 2 Yr. CAGR %	45.83	-22.2	-43.03	14.24	27.35
Net Property, Plant and Equip., 2 Yr. CAGR %	13.14	29.11	28.67	17.98	10.98
Accounts Receivable, 2 Yr. CAGR %	35.38	-0.98	-23.77	-8.19	13.31
Total Assets, 2 Yr. CAGR %	12.08	9.58	-0.14	-0.91	4.81
Common Equity, 2 Yr. CAGR %	9.41	9.66	4.79	2.21	3.28
Tangible Book Value, 2 Yr. CAGR %	8.27	7.88	4.74	2.59	2.2
Cash From Operations, 2 Yr. CAGR %	57.57	3.05	-62.19	-9.21	104.12
Capital Expenditures, 2 Yr. CAGR %	109.69	33.2	18.57	14.31	-22.23
Levered Free Cash Flow, 2 Yr. CAGR %	-25.39	17.81	-46.5	46.71	73.12
Unlevered Free Cash Flow, 2 Yr. CAGR %	-25.39	17.81	-46.5	46.71	73.12
Dividend Per Share, 2 Yr. CAGR %	6.65	2.25	0.55	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.72	15.59	-1.7	-7.45	-1.27
Gross Profit, 3 Yr. CAGR %	24.92	13.71	3.13	-6.18	-0.66
EBITDA, 3 Yr. CAGR %	41.7	-7.17	-16.56	-19.36	13.31
EBITA, 3 Yr. CAGR %	43.38	-8.03	-18.26	-20.85	13.08
EBIT, 3 Yr. CAGR %	44.07	-8.92	-19.36	-21.45	13.99
Earnings From Cont. Operations, 3 Yr. CAGR %	45.28	-8.75	-18.06	-22.6	13.75
Net Income, 3 Yr. CAGR %	45.2	-8.75	-18.06	-22.6	13.75
Normalized Net Income, 3 Yr. CAGR %	43.97	-8.92	-19.36	-21.45	13.99
Diluted EPS Before Extra, 3 Yr. CAGR %	45.14	-8.79	-18.04	-22.49	13.83
Net Property, Plant and Equip., 3 Yr. CAGR %	20.96	19.8	27.13	23.19	14.93
Accounts Receivable, 3 Yr. CAGR %	23.69	15	-11.78	-11.23	-3.48
Total Assets, 3 Yr. CAGR %	10.71	8.79	5.32	0.21	2.24
Common Equity, 3 Yr. CAGR %	9.26	7.99	7.87	3.2	3.64
Tangible Book Value, 3 Yr. CAGR %	8.79	7.01	7.04	3.32	3.23
Cash From Operations, 3 Yr. CAGR %	28.66	20.07	-39.83	-16.86	-5.1
Capital Expenditures, 3 Yr. CAGR %	52.04	56.36	42.09	4.34	-0.74
Levered Free Cash Flow, 3 Yr. CAGR %	36.08	-5.1	-36.28	48.96	-17.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.08	-5.1	-36.28	48.96	-17.64
Dividend Per Share, 3 Yr. CAGR %	4.39	4.77	1.49	0.36	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	18.64	11.88	7.52	7.06	2.9
Gross Profit, 5 Yr. CAGR %	18.87	11.93	8.47	6.41	4.43
EBITDA, 5 Yr. CAGR %	22.99	0.62	0.56	0.8	-1.17
EBITA, 5 Yr. CAGR %	23.54	0.11	-0.2	0.07	-2.01
EBIT, 5 Yr. CAGR %	23.56	-0.13	-0.79	-0.27	-2.16
Earnings From Cont. Operations, 5 Yr. CAGR %	27.99	-1.44	-0.16	-0.25	-2.25
Net Income, 5 Yr. CAGR %	27.98	-1.44	-0.19	-0.25	-2.25
Normalized Net Income, 5 Yr. CAGR %	23.55	-0.14	-0.83	-0.27	-2.16
Diluted EPS Before Extra, 5 Yr. CAGR %	28.19	-1.47	-0.16	-0.19	-2.24
Net Property, Plant and Equip., 5 Yr. CAGR %	15.81	19.21	23.98	19.07	20.4
Accounts Receivable, 5 Yr. CAGR %	21.54	13.68	1.92	5.09	-2.49
Total Assets, 5 Yr. CAGR %	7.68	6.42	6.24	4.8	5.12
Common Equity, 5 Yr. CAGR %	8.12	6.27	7.45	5.64	6.01
Tangible Book Value, 5 Yr. CAGR %	8.36	5.92	7.24	5.36	5.21
Cash From Operations, 5 Yr. CAGR %	18.14	12.72	-21.16	7.37	-1.92
Capital Expenditures, 5 Yr. CAGR %	21.61	14.52	37.65	37.95	11.65
Levered Free Cash Flow, 5 Yr. CAGR %	4.83	169.1	-6.32	12.97	-4.96
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.83	169.1	-6.32	12.97	-4.96
Dividend Per Share, 5 Yr. CAGR %	20.38	6.39	2.83	2.83	0.89