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Side-by-side financial comparison of AMERISAFE INC (AMSF) and Commercial Vehicle Group, Inc. (CVGI). Click either name above to swap in a different company.

Commercial Vehicle Group, Inc. is the larger business by last-quarter revenue ($154.8M vs $80.1M, roughly 1.9× AMERISAFE INC). On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs -5.2%). Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs -10.8%).

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.

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

AMSF vs CVGI — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.9× larger
CVGI
$154.8M
$80.1M
AMSF
Growing faster (revenue YoY)
AMSF
AMSF
+15.5% gap
AMSF
10.3%
-5.2%
CVGI
Faster 2-yr revenue CAGR
AMSF
AMSF
Annualised
AMSF
2.8%
-10.8%
CVGI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMSF
AMSF
CVGI
CVGI
Revenue
$80.1M
$154.8M
Net Profit
$8.1M
Gross Margin
9.7%
Operating Margin
-1.2%
Net Margin
10.2%
Revenue YoY
10.3%
-5.2%
Net Profit YoY
-9.0%
EPS (diluted)
$0.43

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
CVGI
CVGI
Q1 26
$80.1M
Q4 25
$81.6M
$154.8M
Q3 25
$82.0M
$152.5M
Q2 25
$81.1M
$172.0M
Q1 25
$72.6M
$169.8M
Q4 24
$74.0M
$163.3M
Q3 24
$78.7M
$171.8M
Q2 24
$75.8M
$193.7M
Net Profit
AMSF
AMSF
CVGI
CVGI
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
$-7.1M
Q2 25
$14.0M
$-4.8M
Q1 25
$8.9M
$-4.3M
Q4 24
$13.2M
Q3 24
$14.3M
$9.5M
Q2 24
$11.0M
$-1.6M
Gross Margin
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
9.7%
Q3 25
10.5%
Q2 25
11.4%
Q1 25
10.5%
Q4 24
8.0%
Q3 24
9.6%
Q2 24
10.6%
Operating Margin
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
15.6%
-1.2%
Q3 25
21.3%
-0.7%
Q2 25
21.5%
0.5%
Q1 25
15.5%
0.8%
Q4 24
22.7%
-3.2%
Q3 24
22.6%
-0.6%
Q2 24
18.1%
0.5%
Net Margin
AMSF
AMSF
CVGI
CVGI
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
-4.6%
Q2 25
17.2%
-2.8%
Q1 25
12.3%
-2.5%
Q4 24
17.8%
Q3 24
18.2%
5.5%
Q2 24
14.5%
-0.8%
EPS (diluted)
AMSF
AMSF
CVGI
CVGI
Q1 26
$0.43
Q4 25
$0.55
Q3 25
$0.72
Q2 25
$0.73
Q1 25
$0.47
Q4 24
$0.69
Q3 24
$0.75
Q2 24
$0.57
$-0.05

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
CVGI
CVGI
Cash + ST InvestmentsLiquidity on hand
$34.2M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$246.6M
$133.4M
Total Assets
$391.7M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
CVGI
CVGI
Q1 26
$34.2M
Q4 25
$61.9M
Q3 25
$54.7M
Q2 25
$48.5M
Q1 25
$44.8M
Q4 24
$44.1M
Q3 24
$63.7M
Q2 24
$30.6M
Total Debt
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Stockholders' Equity
AMSF
AMSF
CVGI
CVGI
Q1 26
$246.6M
Q4 25
$251.6M
$133.4M
Q3 25
$274.8M
$136.5M
Q2 25
$265.6M
$142.6M
Q1 25
$260.8M
$136.7M
Q4 24
$257.3M
$135.6M
Q3 24
$314.4M
$179.3M
Q2 24
$301.0M
$169.6M
Total Assets
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
$1.1B
$391.7M
Q3 25
$1.2B
$400.3M
Q2 25
$1.2B
$429.8M
Q1 25
$1.2B
$419.8M
Q4 24
$1.2B
$424.6M
Q3 24
$1.3B
$495.3M
Q2 24
$1.2B
$503.2M
Debt / Equity
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×

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
CVGI
CVGI
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
$11.1M
$12.3M
Q3 25
$10.7M
$-1.7M
Q2 25
$-8.4M
$18.9M
Q1 25
$-1.8M
$15.2M
Q4 24
$24.2M
$-26.6M
Q3 24
$8.4M
$-17.1M
Q2 24
$-2.6M
$12.6M
Free Cash Flow
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
$8.9M
$8.7M
Q3 25
$9.8M
$-3.5M
Q2 25
$-9.5M
$17.4M
Q1 25
$-1.8M
$11.4M
Q4 24
$23.4M
$-30.6M
Q3 24
$8.4M
$-20.3M
Q2 24
$-2.6M
$6.4M
FCF Margin
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
10.9%
5.6%
Q3 25
11.9%
-2.3%
Q2 25
-11.7%
10.1%
Q1 25
-2.5%
6.7%
Q4 24
31.5%
-18.7%
Q3 24
10.7%
-11.8%
Q2 24
-3.5%
3.3%
Capex Intensity
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
2.6%
2.3%
Q3 25
1.1%
1.2%
Q2 25
1.3%
0.9%
Q1 25
0.0%
2.2%
Q4 24
1.1%
2.4%
Q3 24
0.0%
1.9%
Q2 24
0.1%
3.2%
Cash Conversion
AMSF
AMSF
CVGI
CVGI
Q1 26
Q4 25
1.06×
Q3 25
0.77×
Q2 25
-0.61×
Q1 25
-0.20×
Q4 24
1.83×
Q3 24
0.59×
-1.79×
Q2 24
-0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMSF
AMSF

Segment breakdown not available.

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

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