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Side-by-side financial comparison of AMERISAFE INC (AMSF) and DMC Global Inc. (BOOM). Click either name above to swap in a different company.

DMC Global Inc. is the larger business by last-quarter revenue ($143.5M vs $80.1M, roughly 1.8× AMERISAFE INC). AMERISAFE INC runs the higher net margin — 10.2% vs -7.8%, a 17.9% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs -5.8%). Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs -7.3%).

AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.

DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia

AMSF vs BOOM — Head-to-Head

Bigger by revenue
BOOM
BOOM
1.8× larger
BOOM
$143.5M
$80.1M
AMSF
Growing faster (revenue YoY)
AMSF
AMSF
+16.1% gap
AMSF
10.3%
-5.8%
BOOM
Higher net margin
AMSF
AMSF
17.9% more per $
AMSF
10.2%
-7.8%
BOOM
Faster 2-yr revenue CAGR
AMSF
AMSF
Annualised
AMSF
2.8%
-7.3%
BOOM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMSF
AMSF
BOOM
BOOM
Revenue
$80.1M
$143.5M
Net Profit
$8.1M
$-11.2M
Gross Margin
17.1%
Operating Margin
-7.8%
Net Margin
10.2%
-7.8%
Revenue YoY
10.3%
-5.8%
Net Profit YoY
-9.0%
-3871.6%
EPS (diluted)
$0.43
$-0.60

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
AMSF
AMSF
BOOM
BOOM
Q1 26
$80.1M
Q4 25
$81.6M
$143.5M
Q3 25
$82.0M
$151.5M
Q2 25
$81.1M
$155.5M
Q1 25
$72.6M
$159.3M
Q4 24
$74.0M
$152.4M
Q3 24
$78.7M
$152.4M
Q2 24
$75.8M
$171.2M
Net Profit
AMSF
AMSF
BOOM
BOOM
Q1 26
$8.1M
Q4 25
$10.4M
$-11.2M
Q3 25
$13.8M
$-3.1M
Q2 25
$14.0M
$116.0K
Q1 25
$8.9M
$677.0K
Q4 24
$13.2M
$296.0K
Q3 24
$14.3M
$-101.3M
Q2 24
$11.0M
$4.0M
Gross Margin
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
17.1%
Q3 25
21.7%
Q2 25
23.6%
Q1 25
25.9%
Q4 24
20.8%
Q3 24
19.8%
Q2 24
27.1%
Operating Margin
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
15.6%
-7.8%
Q3 25
21.3%
0.4%
Q2 25
21.5%
2.5%
Q1 25
15.5%
4.1%
Q4 24
22.7%
-0.5%
Q3 24
22.6%
-97.7%
Q2 24
18.1%
6.8%
Net Margin
AMSF
AMSF
BOOM
BOOM
Q1 26
10.2%
Q4 25
12.8%
-7.8%
Q3 25
16.9%
-2.0%
Q2 25
17.2%
0.1%
Q1 25
12.3%
0.4%
Q4 24
17.8%
0.2%
Q3 24
18.2%
-66.5%
Q2 24
14.5%
2.3%
EPS (diluted)
AMSF
AMSF
BOOM
BOOM
Q1 26
$0.43
Q4 25
$0.55
$-0.60
Q3 25
$0.72
$-0.10
Q2 25
$0.73
$-0.24
Q1 25
$0.47
$0.04
Q4 24
$0.69
$-0.18
Q3 24
$0.75
$-8.27
Q2 24
$0.57
$0.24

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
BOOM
BOOM
Cash + ST InvestmentsLiquidity on hand
$34.2M
$31.9M
Total DebtLower is stronger
$50.6M
Stockholders' EquityBook value
$246.6M
$242.1M
Total Assets
$635.8M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
BOOM
BOOM
Q1 26
$34.2M
Q4 25
$61.9M
$31.9M
Q3 25
$54.7M
$26.4M
Q2 25
$48.5M
$12.4M
Q1 25
$44.8M
$14.7M
Q4 24
$44.1M
$14.3M
Q3 24
$63.7M
$14.5M
Q2 24
$30.6M
$14.6M
Total Debt
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
$50.6M
Q3 25
$56.5M
Q2 25
$58.7M
Q1 25
$72.4M
Q4 24
$70.8M
Q3 24
$74.2M
Q2 24
$84.1M
Stockholders' Equity
AMSF
AMSF
BOOM
BOOM
Q1 26
$246.6M
Q4 25
$251.6M
$242.1M
Q3 25
$274.8M
$253.0M
Q2 25
$265.6M
$253.9M
Q1 25
$260.8M
$253.9M
Q4 24
$257.3M
$251.0M
Q3 24
$314.4M
$256.5M
Q2 24
$301.0M
$416.0M
Total Assets
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
$1.1B
$635.8M
Q3 25
$1.2B
$644.1M
Q2 25
$1.2B
$645.0M
Q1 25
$1.2B
$670.6M
Q4 24
$1.2B
$671.3M
Q3 24
$1.3B
$702.0M
Q2 24
$1.2B
$869.5M
Debt / Equity
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
0.21×
Q3 25
0.22×
Q2 25
0.23×
Q1 25
0.29×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
AMSF
AMSF
BOOM
BOOM
Operating Cash FlowLast quarter
$15.2M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$37.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
$11.1M
$15.2M
Q3 25
$10.7M
$18.6M
Q2 25
$-8.4M
$15.2M
Q1 25
$-1.8M
$4.5M
Q4 24
$24.2M
$11.8M
Q3 24
$8.4M
$19.0M
Q2 24
$-2.6M
$2.3M
Free Cash Flow
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
$8.9M
$9.6M
Q3 25
$9.8M
$14.4M
Q2 25
$-9.5M
$12.3M
Q1 25
$-1.8M
$709.0K
Q4 24
$23.4M
$6.1M
Q3 24
$8.4M
$12.9M
Q2 24
$-2.6M
$-204.0K
FCF Margin
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
10.9%
6.7%
Q3 25
11.9%
9.5%
Q2 25
-11.7%
7.9%
Q1 25
-2.5%
0.4%
Q4 24
31.5%
4.0%
Q3 24
10.7%
8.5%
Q2 24
-3.5%
-0.1%
Capex Intensity
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
2.6%
3.9%
Q3 25
1.1%
2.8%
Q2 25
1.3%
1.9%
Q1 25
0.0%
2.4%
Q4 24
1.1%
3.7%
Q3 24
0.0%
4.0%
Q2 24
0.1%
1.5%
Cash Conversion
AMSF
AMSF
BOOM
BOOM
Q1 26
Q4 25
1.06×
Q3 25
0.77×
Q2 25
-0.61×
131.43×
Q1 25
-0.20×
6.63×
Q4 24
1.83×
39.90×
Q3 24
0.59×
Q2 24
-0.24×
0.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMSF
AMSF

Segment breakdown not available.

BOOM
BOOM

Dyna Energetics Segment$68.9M48%
Other$57.0M40%
Nobel Clad Segment$17.7M12%

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