Disclosed is a large radial-axial ring rolling machine. A radial rolling portion is provided with an up-drawing core roller shaft mechanism and a four-post vertical double-acting mechanism, and an axial rolling portion overcomes space limitations and is provided with a lower conical roller driving motor in a forward direction. A slider of the radial rolling portion comprises four guide posts, a fixed frame, a movable frame and the like, all parts are simple in structure, regular in appearance, easy in machining and convenient in assembly, and respective action of vertical support of a core roller is ensured, namely the technical conception of vertical double acting is realized. By the aid of the large radial-axial ring rolling machine, blanks and finished products can horizontally enter and exit the machine, difficulty in feeding and discharging is reduced, a production line can be formed to realize automated feeding and discharging, and the problem of bottleneck in improvement of working efficiency is solved. As the axial rolling portion is provided with the lower conical roller driving motor in the forward direction, assembly difficulty in mounting the high-power motor is greatly reduced, lubricating conditions of a rotating component are greatly improved when the motor works, and the service life of the motor is prolonged. By the aid of the motor mounted in the forward direction, the size of the machine below a horizontal plane of a generatrix on a lower conical roller is reduced, so that the pit depth of a foundation of the portion is decreased.