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

DHT Holdings, Inc. is the larger business by last-quarter revenue ($107.3M vs $80.1M, roughly 1.3× AMERISAFE INC). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 10.2%, a 31.6% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs -24.5%).

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.

DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.

AMSF vs DHT — Head-to-Head

Bigger by revenue
DHT
DHT
1.3× larger
DHT
$107.3M
$80.1M
AMSF
Growing faster (revenue YoY)
AMSF
AMSF
+34.8% gap
AMSF
10.3%
-24.5%
DHT
Higher net margin
DHT
DHT
31.6% more per $
DHT
41.7%
10.2%
AMSF

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AMSF
AMSF
DHT
DHT
Revenue
$80.1M
$107.3M
Net Profit
$8.1M
$44.8M
Gross Margin
Operating Margin
44.2%
Net Margin
10.2%
41.7%
Revenue YoY
10.3%
-24.5%
Net Profit YoY
-9.0%
27.3%
EPS (diluted)
$0.43
$0.28

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
DHT
DHT
Q1 26
$80.1M
Q4 25
$81.6M
Q3 25
$82.0M
$107.3M
Q2 25
$81.1M
Q1 25
$72.6M
Q4 24
$74.0M
Q3 24
$78.7M
$142.1M
Q2 24
$75.8M
Net Profit
AMSF
AMSF
DHT
DHT
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
$44.8M
Q2 25
$14.0M
Q1 25
$8.9M
Q4 24
$13.2M
Q3 24
$14.3M
$35.2M
Q2 24
$11.0M
Operating Margin
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
15.6%
Q3 25
21.3%
44.2%
Q2 25
21.5%
Q1 25
15.5%
Q4 24
22.7%
Q3 24
22.6%
29.7%
Q2 24
18.1%
Net Margin
AMSF
AMSF
DHT
DHT
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
41.7%
Q2 25
17.2%
Q1 25
12.3%
Q4 24
17.8%
Q3 24
18.2%
24.8%
Q2 24
14.5%
EPS (diluted)
AMSF
AMSF
DHT
DHT
Q1 26
$0.43
Q4 25
$0.55
Q3 25
$0.72
$0.28
Q2 25
$0.73
Q1 25
$0.47
Q4 24
$0.69
Q3 24
$0.75
$0.22
Q2 24
$0.57

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
DHT
DHT
Cash + ST InvestmentsLiquidity on hand
$34.2M
$81.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$1.1B
Total Assets
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
DHT
DHT
Q1 26
$34.2M
Q4 25
$61.9M
Q3 25
$54.7M
$81.3M
Q2 25
$48.5M
Q1 25
$44.8M
Q4 24
$44.1M
Q3 24
$63.7M
$73.8M
Q2 24
$30.6M
Stockholders' Equity
AMSF
AMSF
DHT
DHT
Q1 26
$246.6M
Q4 25
$251.6M
Q3 25
$274.8M
$1.1B
Q2 25
$265.6M
Q1 25
$260.8M
Q4 24
$257.3M
Q3 24
$314.4M
$1.0B
Q2 24
$301.0M
Total Assets
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
$1.1B
Q3 25
$1.2B
$1.4B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.3B
$1.5B
Q2 24
$1.2B

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
DHT
DHT
Operating Cash FlowLast quarter
$60.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
$11.1M
Q3 25
$10.7M
$60.9M
Q2 25
$-8.4M
Q1 25
$-1.8M
Q4 24
$24.2M
Q3 24
$8.4M
$80.1M
Q2 24
$-2.6M
Free Cash Flow
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
$8.9M
Q3 25
$9.8M
Q2 25
$-9.5M
Q1 25
$-1.8M
Q4 24
$23.4M
Q3 24
$8.4M
Q2 24
$-2.6M
FCF Margin
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
10.9%
Q3 25
11.9%
Q2 25
-11.7%
Q1 25
-2.5%
Q4 24
31.5%
Q3 24
10.7%
Q2 24
-3.5%
Capex Intensity
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
2.6%
Q3 25
1.1%
Q2 25
1.3%
Q1 25
0.0%
Q4 24
1.1%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
AMSF
AMSF
DHT
DHT
Q1 26
Q4 25
1.06×
Q3 25
0.77×
1.36×
Q2 25
-0.61×
Q1 25
-0.20×
Q4 24
1.83×
Q3 24
0.59×
2.28×
Q2 24
-0.24×

Financial Flow Comparison

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

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