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Side-by-side financial comparison of AMERISAFE INC (AMSF) and CARRIAGE SERVICES INC (CSV). Click either name above to swap in a different company.
CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $80.1M, roughly 1.3× AMERISAFE INC). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs 10.2%, a 1.5% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs 8.0%). Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs 1.0%).
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.
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
AMSF vs CSV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.1M | $105.5M |
| Net Profit | $8.1M | $12.3M |
| Gross Margin | — | 34.8% |
| Operating Margin | — | 23.3% |
| Net Margin | 10.2% | 11.6% |
| Revenue YoY | 10.3% | 8.0% |
| Net Profit YoY | -9.0% | 24.5% |
| EPS (diluted) | $0.43 | $0.76 |
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.
| Q1 26 | $80.1M | — | ||
| Q4 25 | $81.6M | $105.5M | ||
| Q3 25 | $82.0M | $102.7M | ||
| Q2 25 | $81.1M | $102.1M | ||
| Q1 25 | $72.6M | $107.1M | ||
| Q4 24 | $74.0M | $97.7M | ||
| Q3 24 | $78.7M | $100.7M | ||
| Q2 24 | $75.8M | $102.3M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $10.4M | $12.3M | ||
| Q3 25 | $13.8M | $6.6M | ||
| Q2 25 | $14.0M | $11.7M | ||
| Q1 25 | $8.9M | $20.9M | ||
| Q4 24 | $13.2M | $9.9M | ||
| Q3 24 | $14.3M | $9.9M | ||
| Q2 24 | $11.0M | $6.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 36.2% |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 23.3% | ||
| Q3 25 | 21.3% | 17.0% | ||
| Q2 25 | 21.5% | 23.5% | ||
| Q1 25 | 15.5% | 29.5% | ||
| Q4 24 | 22.7% | 21.6% | ||
| Q3 24 | 22.6% | 22.7% | ||
| Q2 24 | 18.1% | 18.0% |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 12.8% | 11.6% | ||
| Q3 25 | 16.9% | 6.4% | ||
| Q2 25 | 17.2% | 11.5% | ||
| Q1 25 | 12.3% | 19.5% | ||
| Q4 24 | 17.8% | 10.1% | ||
| Q3 24 | 18.2% | 9.8% | ||
| Q2 24 | 14.5% | 6.1% |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.55 | $0.76 | ||
| Q3 25 | $0.72 | $0.41 | ||
| Q2 25 | $0.73 | $0.74 | ||
| Q1 25 | $0.47 | $1.34 | ||
| Q4 24 | $0.69 | $0.62 | ||
| Q3 24 | $0.75 | $0.63 | ||
| Q2 24 | $0.57 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.2M | $1.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $246.6M | $254.8M |
| Total Assets | — | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.2M | — | ||
| Q4 25 | $61.9M | $1.7M | ||
| Q3 25 | $54.7M | $1.2M | ||
| Q2 25 | $48.5M | $1.4M | ||
| Q1 25 | $44.8M | $4.6M | ||
| Q4 24 | $44.1M | $1.2M | ||
| Q3 24 | $63.7M | $1.3M | ||
| Q2 24 | $30.6M | $1.5M |
| Q1 26 | $246.6M | — | ||
| Q4 25 | $251.6M | $254.8M | ||
| Q3 25 | $274.8M | $242.1M | ||
| Q2 25 | $265.6M | $235.4M | ||
| Q1 25 | $260.8M | $223.1M | ||
| Q4 24 | $257.3M | $208.6M | ||
| Q3 24 | $314.4M | $198.1M | ||
| Q2 24 | $301.0M | $187.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $14.1M |
| Free Cash FlowOCF − Capex | — | $6.2M |
| FCF MarginFCF / Revenue | — | 5.9% |
| Capex IntensityCapex / Revenue | — | 7.5% |
| Cash ConversionOCF / Net Profit | — | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $11.1M | $14.1M | ||
| Q3 25 | $10.7M | $24.7M | ||
| Q2 25 | $-8.4M | $8.1M | ||
| Q1 25 | $-1.8M | $13.8M | ||
| Q4 24 | $24.2M | $9.3M | ||
| Q3 24 | $8.4M | $20.9M | ||
| Q2 24 | $-2.6M | $2.2M |
| Q1 26 | — | — | ||
| Q4 25 | $8.9M | $6.2M | ||
| Q3 25 | $9.8M | $18.0M | ||
| Q2 25 | $-9.5M | $5.2M | ||
| Q1 25 | $-1.8M | $10.6M | ||
| Q4 24 | $23.4M | $4.9M | ||
| Q3 24 | $8.4M | $16.2M | ||
| Q2 24 | $-2.6M | $-1.4M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 5.9% | ||
| Q3 25 | 11.9% | 17.5% | ||
| Q2 25 | -11.7% | 5.1% | ||
| Q1 25 | -2.5% | 9.9% | ||
| Q4 24 | 31.5% | 5.0% | ||
| Q3 24 | 10.7% | 16.1% | ||
| Q2 24 | -3.5% | -1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 7.5% | ||
| Q3 25 | 1.1% | 6.5% | ||
| Q2 25 | 1.3% | 2.8% | ||
| Q1 25 | 0.0% | 3.0% | ||
| Q4 24 | 1.1% | 4.5% | ||
| Q3 24 | 0.0% | 4.6% | ||
| Q2 24 | 0.1% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | 1.15× | ||
| Q3 25 | 0.77× | 3.76× | ||
| Q2 25 | -0.61× | 0.69× | ||
| Q1 25 | -0.20× | 0.66× | ||
| Q4 24 | 1.83× | 0.94× | ||
| Q3 24 | 0.59× | 2.11× | ||
| Q2 24 | -0.24× | 0.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMSF
Segment breakdown not available.
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
