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Side-by-side financial comparison of AMERISAFE INC (AMSF) and NPK International Inc. (NPKI). Click either name above to swap in a different company.
AMERISAFE INC is the larger business by last-quarter revenue ($80.1M vs $75.2M, roughly 1.1× NPK International Inc.). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs 10.3%). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs 2.8%).
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.
AMSF vs NPKI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $80.1M | $75.2M |
| Net Profit | $8.1M | — |
| Gross Margin | — | 37.7% |
| Operating Margin | — | 16.7% |
| Net Margin | 10.2% | — |
| Revenue YoY | 10.3% | 30.7% |
| Net Profit YoY | -9.0% | — |
| EPS (diluted) | $0.43 | $0.17 |
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 | $75.2M | ||
| Q3 25 | $82.0M | $68.8M | ||
| Q2 25 | $81.1M | $68.2M | ||
| Q1 25 | $72.6M | $64.8M | ||
| Q4 24 | $74.0M | $57.5M | ||
| Q3 24 | $78.7M | $44.2M | ||
| Q2 24 | $75.8M | $66.8M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $10.4M | — | ||
| Q3 25 | $13.8M | $5.7M | ||
| Q2 25 | $14.0M | $8.7M | ||
| Q1 25 | $8.9M | $10.0M | ||
| Q4 24 | $13.2M | — | ||
| Q3 24 | $14.3M | $-174.3M | ||
| Q2 24 | $11.0M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.7% | ||
| Q3 25 | — | 31.9% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 39.0% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 27.5% | ||
| Q2 24 | — | 37.2% |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 16.7% | ||
| Q3 25 | 21.3% | 13.2% | ||
| Q2 25 | 21.5% | 17.0% | ||
| Q1 25 | 15.5% | 20.9% | ||
| Q4 24 | 22.7% | 20.2% | ||
| Q3 24 | 22.6% | 2.8% | ||
| Q2 24 | 18.1% | 18.7% |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 12.8% | — | ||
| Q3 25 | 16.9% | 8.2% | ||
| Q2 25 | 17.2% | 12.7% | ||
| Q1 25 | 12.3% | 15.4% | ||
| Q4 24 | 17.8% | — | ||
| Q3 24 | 18.2% | -394.3% | ||
| Q2 24 | 14.5% | 12.0% |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.55 | $0.17 | ||
| Q3 25 | $0.72 | $0.07 | ||
| Q2 25 | $0.73 | $0.10 | ||
| Q1 25 | $0.47 | $0.11 | ||
| Q4 24 | $0.69 | $0.10 | ||
| Q3 24 | $0.75 | $-1.99 | ||
| Q2 24 | $0.57 | $0.09 |
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 | $5.1M |
| Total DebtLower is stronger | — | $16.9M |
| Stockholders' EquityBook value | $246.6M | $351.2M |
| Total Assets | — | $441.8M |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.2M | — | ||
| Q4 25 | $61.9M | $5.1M | ||
| Q3 25 | $54.7M | $35.6M | ||
| Q2 25 | $48.5M | $26.0M | ||
| Q1 25 | $44.8M | $20.8M | ||
| Q4 24 | $44.1M | $17.8M | ||
| Q3 24 | $63.7M | $42.9M | ||
| Q2 24 | $30.6M | $35.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $16.9M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $9.3M | ||
| Q1 25 | — | $8.1M | ||
| Q4 24 | — | $7.7M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $58.0M |
| Q1 26 | $246.6M | — | ||
| Q4 25 | $251.6M | $351.2M | ||
| Q3 25 | $274.8M | $333.9M | ||
| Q2 25 | $265.6M | $328.8M | ||
| Q1 25 | $260.8M | $326.9M | ||
| Q4 24 | $257.3M | $326.5M | ||
| Q3 24 | $314.4M | $316.5M | ||
| Q2 24 | $301.0M | $426.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $441.8M | ||
| Q3 25 | $1.2B | $404.5M | ||
| Q2 25 | $1.2B | $393.7M | ||
| Q1 25 | $1.2B | $390.0M | ||
| Q4 24 | $1.2B | $393.7M | ||
| Q3 24 | $1.3B | $389.6M | ||
| Q2 24 | $1.2B | $624.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.14× |
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 | — | $18.0M |
| Free Cash FlowOCF − Capex | — | $5.8M |
| FCF MarginFCF / Revenue | — | 7.6% |
| Capex IntensityCapex / Revenue | — | 16.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $11.1M | $18.0M | ||
| Q3 25 | $10.7M | $24.7M | ||
| Q2 25 | $-8.4M | $21.4M | ||
| Q1 25 | $-1.8M | $8.8M | ||
| Q4 24 | $24.2M | $-4.1M | ||
| Q3 24 | $8.4M | $2.8M | ||
| Q2 24 | $-2.6M | $27.6M |
| Q1 26 | — | — | ||
| Q4 25 | $8.9M | $5.8M | ||
| Q3 25 | $9.8M | $12.0M | ||
| Q2 25 | $-9.5M | $9.7M | ||
| Q1 25 | $-1.8M | $-1.2M | ||
| Q4 24 | $23.4M | $-17.7M | ||
| Q3 24 | $8.4M | $-6.7M | ||
| Q2 24 | $-2.6M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 7.6% | ||
| Q3 25 | 11.9% | 17.4% | ||
| Q2 25 | -11.7% | 14.3% | ||
| Q1 25 | -2.5% | -1.8% | ||
| Q4 24 | 31.5% | -30.8% | ||
| Q3 24 | 10.7% | -15.2% | ||
| Q2 24 | -3.5% | 31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 16.3% | ||
| Q3 25 | 1.1% | 18.5% | ||
| Q2 25 | 1.3% | 17.1% | ||
| Q1 25 | 0.0% | 15.5% | ||
| Q4 24 | 1.1% | 23.6% | ||
| Q3 24 | 0.0% | 21.4% | ||
| Q2 24 | 0.1% | 9.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | — | ||
| Q3 25 | 0.77× | 4.37× | ||
| Q2 25 | -0.61× | 2.47× | ||
| Q1 25 | -0.20× | 0.88× | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | -0.24× | 3.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMSF
Segment breakdown not available.
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
