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

ENNIS, INC. is the larger business by last-quarter revenue ($100.2M vs $80.1M, roughly 1.3× AMERISAFE INC). ENNIS, INC. runs the higher net margin — 10.8% vs 10.2%, a 0.6% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs 0.4%). Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs 1.4%).

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.

ENNIS, INC. (ticker EBF) is a leading North American provider of printed business products and related services. Its offerings include custom business forms, pressure-sensitive labels, marketing collateral, promotional items, and branded packaging, serving clients across retail, healthcare, financial services, and small business segments.

AMSF vs EBF — Head-to-Head

Bigger by revenue
EBF
EBF
1.3× larger
EBF
$100.2M
$80.1M
AMSF
Growing faster (revenue YoY)
AMSF
AMSF
+9.9% gap
AMSF
10.3%
0.4%
EBF
Higher net margin
EBF
EBF
0.6% more per $
EBF
10.8%
10.2%
AMSF
Faster 2-yr revenue CAGR
AMSF
AMSF
Annualised
AMSF
2.8%
1.4%
EBF

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AMSF
AMSF
EBF
EBF
Revenue
$80.1M
$100.2M
Net Profit
$8.1M
$10.8M
Gross Margin
31.9%
Operating Margin
15.0%
Net Margin
10.2%
10.8%
Revenue YoY
10.3%
0.4%
Net Profit YoY
-9.0%
6.1%
EPS (diluted)
$0.43
$0.42

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
EBF
EBF
Q1 26
$80.1M
Q4 25
$81.6M
$100.2M
Q3 25
$82.0M
$98.7M
Q2 25
$81.1M
$97.2M
Q1 25
$72.6M
$92.7M
Q4 24
$74.0M
$99.8M
Q3 24
$78.7M
$99.0M
Q2 24
$75.8M
$103.1M
Net Profit
AMSF
AMSF
EBF
EBF
Q1 26
$8.1M
Q4 25
$10.4M
$10.8M
Q3 25
$13.8M
$13.2M
Q2 25
$14.0M
$9.8M
Q1 25
$8.9M
$9.0M
Q4 24
$13.2M
$10.2M
Q3 24
$14.3M
$10.3M
Q2 24
$11.0M
$10.7M
Gross Margin
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
31.9%
Q3 25
30.5%
Q2 25
31.1%
Q1 25
29.5%
Q4 24
29.3%
Q3 24
30.1%
Q2 24
30.0%
Operating Margin
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
15.6%
15.0%
Q3 25
21.3%
12.5%
Q2 25
21.5%
13.7%
Q1 25
15.5%
13.0%
Q4 24
22.7%
13.1%
Q3 24
22.6%
13.3%
Q2 24
18.1%
13.3%
Net Margin
AMSF
AMSF
EBF
EBF
Q1 26
10.2%
Q4 25
12.8%
10.8%
Q3 25
16.9%
13.3%
Q2 25
17.2%
10.1%
Q1 25
12.3%
9.7%
Q4 24
17.8%
10.2%
Q3 24
18.2%
10.4%
Q2 24
14.5%
10.4%
EPS (diluted)
AMSF
AMSF
EBF
EBF
Q1 26
$0.43
Q4 25
$0.55
$0.42
Q3 25
$0.72
$0.51
Q2 25
$0.73
$0.38
Q1 25
$0.47
$0.34
Q4 24
$0.69
$0.39
Q3 24
$0.75
$0.40
Q2 24
$0.57
$0.41

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
EBF
EBF
Cash + ST InvestmentsLiquidity on hand
$34.2M
$31.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$304.8M
Total Assets
$354.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
EBF
EBF
Q1 26
$34.2M
Q4 25
$61.9M
$31.3M
Q3 25
$54.7M
$31.9M
Q2 25
$48.5M
$32.6M
Q1 25
$44.8M
$72.5M
Q4 24
$44.1M
$68.6M
Q3 24
$63.7M
$122.6M
Q2 24
$30.6M
$123.7M
Stockholders' Equity
AMSF
AMSF
EBF
EBF
Q1 26
$246.6M
Q4 25
$251.6M
$304.8M
Q3 25
$274.8M
$305.4M
Q2 25
$265.6M
$301.2M
Q1 25
$260.8M
$302.0M
Q4 24
$257.3M
$297.7M
Q3 24
$314.4M
$358.4M
Q2 24
$301.0M
$354.4M
Total Assets
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
$1.1B
$354.3M
Q3 25
$1.2B
$361.8M
Q2 25
$1.2B
$361.7M
Q1 25
$1.2B
$348.9M
Q4 24
$1.2B
$346.1M
Q3 24
$1.3B
$406.8M
Q2 24
$1.2B
$406.2M

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
EBF
EBF
Operating Cash FlowLast quarter
$16.4M
Free Cash FlowOCF − Capex
$15.7M
FCF MarginFCF / Revenue
15.7%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
1.52×
TTM Free Cash FlowTrailing 4 quarters
$42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
$11.1M
$16.4M
Q3 25
$10.7M
$10.5M
Q2 25
$-8.4M
$8.0M
Q1 25
$-1.8M
$12.8M
Q4 24
$24.2M
$18.2M
Q3 24
$8.4M
$11.8M
Q2 24
$-2.6M
$23.1M
Free Cash Flow
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
$8.9M
$15.7M
Q3 25
$9.8M
$9.0M
Q2 25
$-9.5M
$6.6M
Q1 25
$-1.8M
$11.1M
Q4 24
$23.4M
$17.5M
Q3 24
$8.4M
$10.7M
Q2 24
$-2.6M
$20.6M
FCF Margin
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
10.9%
15.7%
Q3 25
11.9%
9.2%
Q2 25
-11.7%
6.8%
Q1 25
-2.5%
12.0%
Q4 24
31.5%
17.6%
Q3 24
10.7%
10.8%
Q2 24
-3.5%
20.0%
Capex Intensity
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
2.6%
0.7%
Q3 25
1.1%
1.4%
Q2 25
1.3%
1.4%
Q1 25
0.0%
1.8%
Q4 24
1.1%
0.6%
Q3 24
0.0%
1.1%
Q2 24
0.1%
2.4%
Cash Conversion
AMSF
AMSF
EBF
EBF
Q1 26
Q4 25
1.06×
1.52×
Q3 25
0.77×
0.80×
Q2 25
-0.61×
0.81×
Q1 25
-0.20×
1.41×
Q4 24
1.83×
1.78×
Q3 24
0.59×
1.15×
Q2 24
-0.24×
2.16×

Financial Flow Comparison

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

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