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Side-by-side financial comparison of ACME UNITED CORP (ACU) and KINGSWAY FINANCIAL SERVICES INC (KFS). Click either name above to swap in a different company.

ACME UNITED CORP is the larger business by last-quarter revenue ($52.3M vs $38.6M, roughly 1.4× KINGSWAY FINANCIAL SERVICES INC). ACME UNITED CORP runs the higher net margin — 1.9% vs -4.1%, a 6.0% gap on every dollar of revenue. On growth, KINGSWAY FINANCIAL SERVICES INC posted the faster year-over-year revenue change (30.1% vs 13.8%). Over the past eight quarters, KINGSWAY FINANCIAL SERVICES INC's revenue compounded faster (21.4% CAGR vs -2.9%).

Acme United Corporation is a supplier of cutting, measuring and safety products for the school, home, office, hardware and industrial markets. The company was organized as a partnership in 1867 and incorporated in 1873 under the laws of the State of Connecticut. It is publicly traded on the NYSE American with symbol ACU.

Kingsway Financial Services Inc. is a specialty financial holding firm that primarily offers property and casualty insurance products, including personal auto, commercial liability and property coverage. It operates mainly across North American markets, catering to individual consumers, small business owners and niche commercial client segments.

ACU vs KFS — Head-to-Head

Bigger by revenue
ACU
ACU
1.4× larger
ACU
$52.3M
$38.6M
KFS
Growing faster (revenue YoY)
KFS
KFS
+16.3% gap
KFS
30.1%
13.8%
ACU
Higher net margin
ACU
ACU
6.0% more per $
ACU
1.9%
-4.1%
KFS
Faster 2-yr revenue CAGR
KFS
KFS
Annualised
KFS
21.4%
-2.9%
ACU

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ACU
ACU
KFS
KFS
Revenue
$52.3M
$38.6M
Net Profit
$985.0K
$-1.6M
Gross Margin
39.7%
Operating Margin
3.3%
0.8%
Net Margin
1.9%
-4.1%
Revenue YoY
13.8%
30.1%
Net Profit YoY
-40.4%
-7.8%
EPS (diluted)
$0.24
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACU
ACU
KFS
KFS
Q1 26
$52.3M
Q4 25
$47.5M
$38.6M
Q3 25
$49.1M
$37.2M
Q2 25
$54.0M
$30.9M
Q1 25
$46.0M
$28.3M
Q4 24
$45.9M
$29.6M
Q3 24
$48.2M
$27.1M
Q2 24
$55.4M
$26.4M
Net Profit
ACU
ACU
KFS
KFS
Q1 26
$985.0K
Q4 25
$1.9M
$-1.6M
Q3 25
$1.9M
$-2.4M
Q2 25
$4.8M
$-3.2M
Q1 25
$1.7M
$-3.1M
Q4 24
$1.7M
$-1.5M
Q3 24
$2.2M
$-2.3M
Q2 24
$4.5M
$-2.2M
Gross Margin
ACU
ACU
KFS
KFS
Q1 26
39.7%
Q4 25
38.2%
Q3 25
39.1%
Q2 25
41.0%
Q1 25
39.0%
Q4 24
38.7%
Q3 24
38.5%
Q2 24
40.8%
Operating Margin
ACU
ACU
KFS
KFS
Q1 26
3.3%
Q4 25
6.1%
0.8%
Q3 25
6.1%
-2.3%
Q2 25
11.8%
-3.6%
Q1 25
5.3%
-2.5%
Q4 24
5.0%
6.5%
Q3 24
6.1%
-2.5%
Q2 24
11.5%
0.5%
Net Margin
ACU
ACU
KFS
KFS
Q1 26
1.9%
Q4 25
3.9%
-4.1%
Q3 25
3.9%
-6.5%
Q2 25
8.8%
-10.2%
Q1 25
3.6%
-10.9%
Q4 24
3.7%
-5.0%
Q3 24
4.6%
-8.5%
Q2 24
8.0%
-8.3%
EPS (diluted)
ACU
ACU
KFS
KFS
Q1 26
$0.24
Q4 25
$0.46
$-0.07
Q3 25
$0.46
$-0.10
Q2 25
$1.16
$-0.13
Q1 25
$0.41
$-0.13
Q4 24
$0.43
$-0.08
Q3 24
$0.54
$-0.10
Q2 24
$1.09
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACU
ACU
KFS
KFS
Cash + ST InvestmentsLiquidity on hand
$4.2M
$8.5M
Total DebtLower is stronger
$33.0M
$70.7M
Stockholders' EquityBook value
$116.7M
$15.2M
Total Assets
$195.2M
$231.5M
Debt / EquityLower = less leverage
0.28×
4.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACU
ACU
KFS
KFS
Q1 26
$4.2M
Q4 25
$3.6M
$8.5M
Q3 25
$5.1M
$9.5M
Q2 25
$3.6M
$12.3M
Q1 25
$3.4M
$6.5M
Q4 24
$6.4M
$5.7M
Q3 24
$5.7M
$6.7M
Q2 24
$3.8M
$9.8M
Total Debt
ACU
ACU
KFS
KFS
Q1 26
$33.0M
Q4 25
$70.7M
Q3 25
$70.7M
Q2 25
$58.3M
Q1 25
$59.5M
Q4 24
$57.5M
Q3 24
$58.5M
Q2 24
$47.3M
Stockholders' Equity
ACU
ACU
KFS
KFS
Q1 26
$116.7M
Q4 25
$117.6M
$15.2M
Q3 25
$115.8M
$16.6M
Q2 25
$113.7M
$17.4M
Q1 25
$108.3M
$5.5M
Q4 24
$107.0M
$8.4M
Q3 24
$106.3M
$9.9M
Q2 24
$104.0M
$20.7M
Total Assets
ACU
ACU
KFS
KFS
Q1 26
$195.2M
Q4 25
$171.0M
$231.5M
Q3 25
$173.0M
$235.1M
Q2 25
$170.9M
$207.7M
Q1 25
$163.0M
$192.1M
Q4 24
$162.2M
$186.6M
Q3 24
$165.5M
$191.1M
Q2 24
$173.5M
$192.3M
Debt / Equity
ACU
ACU
KFS
KFS
Q1 26
0.28×
Q4 25
4.66×
Q3 25
4.25×
Q2 25
3.34×
Q1 25
10.91×
Q4 24
6.84×
Q3 24
5.88×
Q2 24
2.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACU
ACU
KFS
KFS
Operating Cash FlowLast quarter
$-3.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACU
ACU
KFS
KFS
Q1 26
Q4 25
$8.2M
$-3.0K
Q3 25
$7.1M
$1.5M
Q2 25
$6.3M
$337.0K
Q1 25
$-3.3M
$-1.8M
Q4 24
$6.4M
$1.1M
Q3 24
$8.9M
$368.0K
Q2 24
$6.9M
$557.0K
Free Cash Flow
ACU
ACU
KFS
KFS
Q1 26
Q4 25
$7.3M
Q3 25
$301.0K
$1.3M
Q2 25
$4.7M
Q1 25
$-4.7M
Q4 24
$4.7M
Q3 24
$7.5M
Q2 24
$4.4M
FCF Margin
ACU
ACU
KFS
KFS
Q1 26
Q4 25
15.3%
Q3 25
0.6%
3.4%
Q2 25
8.7%
Q1 25
-10.2%
Q4 24
10.2%
Q3 24
15.6%
Q2 24
8.0%
Capex Intensity
ACU
ACU
KFS
KFS
Q1 26
Q4 25
1.9%
Q3 25
13.8%
0.5%
Q2 25
3.0%
Q1 25
2.9%
Q4 24
3.7%
Q3 24
2.8%
0.0%
Q2 24
4.5%
Cash Conversion
ACU
ACU
KFS
KFS
Q1 26
Q4 25
4.34×
Q3 25
3.72×
Q2 25
1.33×
Q1 25
-2.02×
Q4 24
3.73×
Q3 24
3.99×
Q2 24
1.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACU
ACU

Segment breakdown not available.

KFS
KFS

Other$14.8M38%
Roundhouse Electric Equipment Co Inc$9.7M25%
MLC Plumbing LLC$5.7M15%
Systems Products International Incspi$3.8M10%
Advanced Plumbing And Drain$2.9M8%
Southside Plumbing$1.7M4%

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