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

AMERISAFE INC is the larger business by last-quarter revenue ($80.1M vs $70.9M, roughly 1.1× RCI HOSPITALITY HOLDINGS, INC.). AMERISAFE INC runs the higher net margin — 10.2% vs -7.8%, a 17.9% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs -3.1%). Over the past eight quarters, AMERISAFE INC's revenue compounded faster (2.8% CAGR vs -2.0%).

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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

AMSF vs RICK — Head-to-Head

Bigger by revenue
AMSF
AMSF
1.1× larger
AMSF
$80.1M
$70.9M
RICK
Growing faster (revenue YoY)
AMSF
AMSF
+13.5% gap
AMSF
10.3%
-3.1%
RICK
Higher net margin
AMSF
AMSF
17.9% more per $
AMSF
10.2%
-7.8%
RICK
Faster 2-yr revenue CAGR
AMSF
AMSF
Annualised
AMSF
2.8%
-2.0%
RICK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMSF
AMSF
RICK
RICK
Revenue
$80.1M
$70.9M
Net Profit
$8.1M
$-5.5M
Gross Margin
Operating Margin
-0.7%
Net Margin
10.2%
-7.8%
Revenue YoY
10.3%
-3.1%
Net Profit YoY
-9.0%
-2354.9%
EPS (diluted)
$0.43
$-0.60

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
RICK
RICK
Q1 26
$80.1M
Q4 25
$81.6M
Q3 25
$82.0M
$70.9M
Q2 25
$81.1M
$71.1M
Q1 25
$72.6M
$65.9M
Q4 24
$74.0M
$71.5M
Q3 24
$78.7M
$73.2M
Q2 24
$75.8M
$76.2M
Net Profit
AMSF
AMSF
RICK
RICK
Q1 26
$8.1M
Q4 25
$10.4M
Q3 25
$13.8M
$-5.5M
Q2 25
$14.0M
$4.1M
Q1 25
$8.9M
$3.2M
Q4 24
$13.2M
$9.0M
Q3 24
$14.3M
$244.0K
Q2 24
$11.0M
$-5.2M
Operating Margin
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
15.6%
Q3 25
21.3%
-0.7%
Q2 25
21.5%
12.2%
Q1 25
15.5%
12.4%
Q4 24
22.7%
19.5%
Q3 24
22.6%
4.8%
Q2 24
18.1%
-3.3%
Net Margin
AMSF
AMSF
RICK
RICK
Q1 26
10.2%
Q4 25
12.8%
Q3 25
16.9%
-7.8%
Q2 25
17.2%
5.7%
Q1 25
12.3%
4.9%
Q4 24
17.8%
12.6%
Q3 24
18.2%
0.3%
Q2 24
14.5%
-6.9%
EPS (diluted)
AMSF
AMSF
RICK
RICK
Q1 26
$0.43
Q4 25
$0.55
Q3 25
$0.72
$-0.60
Q2 25
$0.73
$0.46
Q1 25
$0.47
$0.36
Q4 24
$0.69
$1.01
Q3 24
$0.75
$0.04
Q2 24
$0.57
$-0.56

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$34.2M
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$246.6M
$261.1M
Total Assets
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
RICK
RICK
Q1 26
$34.2M
Q4 25
$61.9M
Q3 25
$54.7M
$33.7M
Q2 25
$48.5M
$29.3M
Q1 25
$44.8M
$32.7M
Q4 24
$44.1M
$34.7M
Q3 24
$63.7M
$32.4M
Q2 24
$30.6M
$34.9M
Total Debt
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
Q3 25
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Stockholders' Equity
AMSF
AMSF
RICK
RICK
Q1 26
$246.6M
Q4 25
$251.6M
Q3 25
$274.8M
$261.1M
Q2 25
$265.6M
$269.5M
Q1 25
$260.8M
$268.8M
Q4 24
$257.3M
$269.0M
Q3 24
$314.4M
$263.4M
Q2 24
$301.0M
$271.2M
Total Assets
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
$1.1B
Q3 25
$1.2B
$596.9M
Q2 25
$1.2B
$597.4M
Q1 25
$1.2B
$589.8M
Q4 24
$1.2B
$586.2M
Q3 24
$1.3B
$584.4M
Q2 24
$1.2B
$601.0M
Debt / Equity
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
Q2 24

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
RICK
RICK
Operating Cash FlowLast quarter
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
$11.1M
Q3 25
$10.7M
$13.7M
Q2 25
$-8.4M
$13.8M
Q1 25
$-1.8M
$8.5M
Q4 24
$24.2M
$13.3M
Q3 24
$8.4M
$15.7M
Q2 24
$-2.6M
$15.8M
Free Cash Flow
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
$8.9M
Q3 25
$9.8M
$11.5M
Q2 25
$-9.5M
$10.1M
Q1 25
$-1.8M
$5.7M
Q4 24
$23.4M
$7.6M
Q3 24
$8.4M
$10.3M
Q2 24
$-2.6M
$9.3M
FCF Margin
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
10.9%
Q3 25
11.9%
16.2%
Q2 25
-11.7%
14.2%
Q1 25
-2.5%
8.6%
Q4 24
31.5%
10.6%
Q3 24
10.7%
14.0%
Q2 24
-3.5%
12.3%
Capex Intensity
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
2.6%
Q3 25
1.1%
3.2%
Q2 25
1.3%
5.2%
Q1 25
0.0%
4.3%
Q4 24
1.1%
8.0%
Q3 24
0.0%
7.3%
Q2 24
0.1%
8.4%
Cash Conversion
AMSF
AMSF
RICK
RICK
Q1 26
Q4 25
1.06×
Q3 25
0.77×
Q2 25
-0.61×
3.40×
Q1 25
-0.20×
2.65×
Q4 24
1.83×
1.48×
Q3 24
0.59×
64.14×
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.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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