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Side-by-side financial comparison of AMERISAFE INC (AMSF) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $80.1M, roughly 1.9× AMERISAFE INC). On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs 3.6%). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

AMSF vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.9× larger
RGR
$151.1M
$80.1M
AMSF
Growing faster (revenue YoY)
AMSF
AMSF
+6.7% gap
AMSF
10.3%
3.6%
RGR
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
2.8%
AMSF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMSF
AMSF
RGR
RGR
Revenue
$80.1M
$151.1M
Net Profit
$8.1M
Gross Margin
17.8%
Operating Margin
2.3%
Net Margin
10.2%
Revenue YoY
10.3%
3.6%
Net Profit YoY
-9.0%
EPS (diluted)
$0.43
$0.22

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
RGR
RGR
Q1 26
$80.1M
Q4 25
$81.6M
$151.1M
Q3 25
$82.0M
$126.8M
Q2 25
$81.1M
$132.5M
Q1 25
$72.6M
$135.7M
Q4 24
$74.0M
$145.8M
Q3 24
$78.7M
$122.3M
Q2 24
$75.8M
$130.8M
Net Profit
AMSF
AMSF
RGR
RGR
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
$1.6M
Q2 25
$14.0M
$-17.2M
Q1 25
$8.9M
$7.8M
Q4 24
$13.2M
Q3 24
$14.3M
$4.7M
Q2 24
$11.0M
$8.3M
Gross Margin
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Operating Margin
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
15.6%
2.3%
Q3 25
21.3%
-2.7%
Q2 25
21.5%
-15.6%
Q1 25
15.5%
6.2%
Q4 24
22.7%
7.8%
Q3 24
22.6%
3.1%
Q2 24
18.1%
6.9%
Net Margin
AMSF
AMSF
RGR
RGR
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
1.2%
Q2 25
17.2%
-13.0%
Q1 25
12.3%
5.7%
Q4 24
17.8%
Q3 24
18.2%
3.9%
Q2 24
14.5%
6.3%
EPS (diluted)
AMSF
AMSF
RGR
RGR
Q1 26
$0.43
Q4 25
$0.55
$0.22
Q3 25
$0.72
$0.10
Q2 25
$0.73
$-1.05
Q1 25
$0.47
$0.46
Q4 24
$0.69
$0.62
Q3 24
$0.75
$0.28
Q2 24
$0.57
$0.47

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$34.2M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$283.8M
Total Assets
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
RGR
RGR
Q1 26
$34.2M
Q4 25
$61.9M
$92.5M
Q3 25
$54.7M
$80.8M
Q2 25
$48.5M
$101.4M
Q1 25
$44.8M
$108.3M
Q4 24
$44.1M
$105.5M
Q3 24
$63.7M
$96.0M
Q2 24
$30.6M
$105.6M
Stockholders' Equity
AMSF
AMSF
RGR
RGR
Q1 26
$246.6M
Q4 25
$251.6M
$283.8M
Q3 25
$274.8M
$279.6M
Q2 25
$265.6M
$289.3M
Q1 25
$260.8M
$321.5M
Q4 24
$257.3M
$319.6M
Q3 24
$314.4M
$314.9M
Q2 24
$301.0M
$321.5M
Total Assets
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
$1.1B
$342.0M
Q3 25
$1.2B
$342.3M
Q2 25
$1.2B
$349.5M
Q1 25
$1.2B
$379.0M
Q4 24
$1.2B
$384.0M
Q3 24
$1.3B
$373.5M
Q2 24
$1.2B
$376.7M

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
RGR
RGR
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
$11.1M
$15.5M
Q3 25
$10.7M
$12.9M
Q2 25
$-8.4M
$14.7M
Q1 25
$-1.8M
$11.1M
Q4 24
$24.2M
$20.0M
Q3 24
$8.4M
$9.4M
Q2 24
$-2.6M
$18.7M
Free Cash Flow
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
$8.9M
$12.3M
Q3 25
$9.8M
$7.0M
Q2 25
$-9.5M
$9.1M
Q1 25
$-1.8M
$10.0M
Q4 24
$23.4M
$16.4M
Q3 24
$8.4M
$2.6M
Q2 24
$-2.6M
$10.1M
FCF Margin
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
10.9%
8.2%
Q3 25
11.9%
5.5%
Q2 25
-11.7%
6.9%
Q1 25
-2.5%
7.4%
Q4 24
31.5%
11.2%
Q3 24
10.7%
2.1%
Q2 24
-3.5%
7.7%
Capex Intensity
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
2.6%
2.1%
Q3 25
1.1%
4.6%
Q2 25
1.3%
4.2%
Q1 25
0.0%
0.8%
Q4 24
1.1%
2.5%
Q3 24
0.0%
5.5%
Q2 24
0.1%
6.6%
Cash Conversion
AMSF
AMSF
RGR
RGR
Q1 26
Q4 25
1.06×
Q3 25
0.77×
8.15×
Q2 25
-0.61×
Q1 25
-0.20×
1.43×
Q4 24
1.83×
Q3 24
0.59×
1.98×
Q2 24
-0.24×
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMSF
AMSF

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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