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Side-by-side financial comparison of Ategrity Specialty Insurance Co Holdings (ASIC) 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 $116.1M, roughly 1.3× Ategrity Specialty Insurance Co Holdings).

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

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.

ASIC vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.3× larger
RGR
$151.1M
$116.1M
ASIC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASIC
ASIC
RGR
RGR
Revenue
$116.1M
$151.1M
Net Profit
$22.7M
Gross Margin
17.8%
Operating Margin
25.6%
2.3%
Net Margin
19.5%
Revenue YoY
3.6%
Net Profit YoY
EPS (diluted)
$0.45
$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
ASIC
ASIC
RGR
RGR
Q4 25
$151.1M
Q3 25
$116.1M
$126.8M
Q2 25
$101.8M
$132.5M
Q1 25
$135.7M
Q4 24
$145.8M
Q3 24
$122.3M
Q2 24
$130.8M
Q1 24
$136.8M
Net Profit
ASIC
ASIC
RGR
RGR
Q4 25
Q3 25
$22.7M
$1.6M
Q2 25
$17.6M
$-17.2M
Q1 25
$7.8M
Q4 24
Q3 24
$4.7M
Q2 24
$8.3M
Q1 24
$7.1M
Gross Margin
ASIC
ASIC
RGR
RGR
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%
Q1 24
21.5%
Operating Margin
ASIC
ASIC
RGR
RGR
Q4 25
2.3%
Q3 25
25.6%
-2.7%
Q2 25
21.9%
-15.6%
Q1 25
6.2%
Q4 24
7.8%
Q3 24
3.1%
Q2 24
6.9%
Q1 24
5.5%
Net Margin
ASIC
ASIC
RGR
RGR
Q4 25
Q3 25
19.5%
1.2%
Q2 25
17.3%
-13.0%
Q1 25
5.7%
Q4 24
Q3 24
3.9%
Q2 24
6.3%
Q1 24
5.2%
EPS (diluted)
ASIC
ASIC
RGR
RGR
Q4 25
$0.22
Q3 25
$0.45
$0.10
Q2 25
$0.39
$-1.05
Q1 25
$0.46
Q4 24
$0.62
Q3 24
$0.28
Q2 24
$0.47
Q1 24
$0.40

Balance Sheet & Financial Strength

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

Metric
ASIC
ASIC
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$34.3M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$588.6M
$283.8M
Total Assets
$1.4B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIC
ASIC
RGR
RGR
Q4 25
$92.5M
Q3 25
$34.3M
$80.8M
Q2 25
$23.5M
$101.4M
Q1 25
$108.3M
Q4 24
$105.5M
Q3 24
$96.0M
Q2 24
$105.6M
Q1 24
$115.3M
Stockholders' Equity
ASIC
ASIC
RGR
RGR
Q4 25
$283.8M
Q3 25
$588.6M
$279.6M
Q2 25
$559.7M
$289.3M
Q1 25
$321.5M
Q4 24
$319.6M
Q3 24
$314.9M
Q2 24
$321.5M
Q1 24
$332.0M
Total Assets
ASIC
ASIC
RGR
RGR
Q4 25
$342.0M
Q3 25
$1.4B
$342.3M
Q2 25
$1.4B
$349.5M
Q1 25
$379.0M
Q4 24
$384.0M
Q3 24
$373.5M
Q2 24
$376.7M
Q1 24
$385.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASIC
ASIC
RGR
RGR
Operating Cash FlowLast quarter
$41.1M
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIC
ASIC
RGR
RGR
Q4 25
$15.5M
Q3 25
$41.1M
$12.9M
Q2 25
$50.8M
$14.7M
Q1 25
$11.1M
Q4 24
$20.0M
Q3 24
$9.4M
Q2 24
$18.7M
Q1 24
$7.3M
Free Cash Flow
ASIC
ASIC
RGR
RGR
Q4 25
$12.3M
Q3 25
$7.0M
Q2 25
$9.1M
Q1 25
$10.0M
Q4 24
$16.4M
Q3 24
$2.6M
Q2 24
$10.1M
Q1 24
$5.6M
FCF Margin
ASIC
ASIC
RGR
RGR
Q4 25
8.2%
Q3 25
5.5%
Q2 25
6.9%
Q1 25
7.4%
Q4 24
11.2%
Q3 24
2.1%
Q2 24
7.7%
Q1 24
4.1%
Capex Intensity
ASIC
ASIC
RGR
RGR
Q4 25
2.1%
Q3 25
4.6%
Q2 25
4.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
5.5%
Q2 24
6.6%
Q1 24
1.3%
Cash Conversion
ASIC
ASIC
RGR
RGR
Q4 25
Q3 25
1.81×
8.15×
Q2 25
2.88×
Q1 25
1.43×
Q4 24
Q3 24
1.98×
Q2 24
2.27×
Q1 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASIC
ASIC

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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