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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and DONEGAL GROUP INC (DGICA). Click either name above to swap in a different company.
DONEGAL GROUP INC is the larger business by last-quarter revenue ($236.0M vs $233.0M, roughly 1.0× CSW INDUSTRIALS, INC.). DONEGAL GROUP INC runs the higher net margin — 4.9% vs 4.4%, a 0.5% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -3.7%). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -2.2%).
Donegal Group Inc. is a regional US insurance holding company offering personal and commercial property and casualty insurance products. It serves Mid-Atlantic, Midwest, and Southern US customers, delivering tailored coverage for individuals, families, and small to medium businesses.
CSW vs DGICA — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $236.0M |
| Net Profit | $10.3M | $11.5M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | — |
| Net Margin | 4.4% | 4.9% |
| Revenue YoY | 20.3% | -3.7% |
| Net Profit YoY | -61.9% | -54.3% |
| EPS (diluted) | $0.62 | — |
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 | — | $236.0M | ||
| Q4 25 | $233.0M | $239.8M | ||
| Q3 25 | $277.0M | $245.9M | ||
| Q2 25 | $263.6M | $247.1M | ||
| Q1 25 | $230.5M | $245.2M | ||
| Q4 24 | $193.6M | $250.0M | ||
| Q3 24 | $227.9M | $251.7M | ||
| Q2 24 | $226.2M | $246.8M |
| Q1 26 | — | $11.5M | ||
| Q4 25 | $10.3M | $17.2M | ||
| Q3 25 | $40.7M | $20.1M | ||
| Q2 25 | $40.9M | $16.9M | ||
| Q1 25 | $35.1M | $25.2M | ||
| Q4 24 | $26.9M | $24.0M | ||
| Q3 24 | $36.1M | $16.8M | ||
| Q2 24 | $38.6M | $4.2M |
| Q1 26 | — | — | ||
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | 8.7% | ||
| Q3 25 | 20.5% | 10.2% | ||
| Q2 25 | 20.8% | 8.3% | ||
| Q1 25 | 19.5% | 12.7% | ||
| Q4 24 | 15.3% | 11.9% | ||
| Q3 24 | 22.6% | 8.1% | ||
| Q2 24 | 24.3% | 2.0% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 4.4% | 7.2% | ||
| Q3 25 | 14.7% | 8.2% | ||
| Q2 25 | 15.5% | 6.8% | ||
| Q1 25 | 15.2% | 10.3% | ||
| Q4 24 | 13.9% | 9.6% | ||
| Q3 24 | 15.8% | 6.7% | ||
| Q2 24 | 17.1% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.62 | — | ||
| Q3 25 | $2.41 | — | ||
| Q2 25 | $2.43 | — | ||
| Q1 25 | $2.05 | — | ||
| Q4 24 | $1.60 | — | ||
| Q3 24 | $2.26 | — | ||
| Q2 24 | $2.47 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $649.1M |
| Total Assets | $2.3B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $225.8M | — | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | — | ||
| Q2 24 | $18.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $649.1M | ||
| Q4 25 | $1.1B | $640.4M | ||
| Q3 25 | $1.1B | $627.4M | ||
| Q2 25 | $1.1B | $605.7M | ||
| Q1 25 | $1.1B | $584.7M | ||
| Q4 24 | $1.0B | $545.8M | ||
| Q3 24 | $1.0B | $513.4M | ||
| Q2 24 | $650.2M | $484.1M |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $2.3B | $2.4B | ||
| Q3 25 | $1.5B | $2.4B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.4B | $2.3B | ||
| Q2 24 | $1.1B | $2.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.9M | — |
| Free Cash FlowOCF − Capex | $22.7M | — |
| FCF MarginFCF / Revenue | 9.8% | — |
| Capex IntensityCapex / Revenue | 2.6% | — |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $70.2M | ||
| Q3 25 | $61.8M | $22.4M | ||
| Q2 25 | $60.6M | $12.1M | ||
| Q1 25 | $27.3M | $25.7M | ||
| Q4 24 | $11.6M | $67.4M | ||
| Q3 24 | $66.8M | $12.7M | ||
| Q2 24 | $62.7M | $21.7M |
| Q1 26 | — | — | ||
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | — | ||
| Q2 25 | $57.7M | — | ||
| Q1 25 | $22.8M | — | ||
| Q4 24 | $8.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $59.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 26.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 4.08× | ||
| Q3 25 | 1.52× | 1.11× | ||
| Q2 25 | 1.48× | 0.72× | ||
| Q1 25 | 0.78× | 1.02× | ||
| Q4 24 | 0.43× | 2.81× | ||
| Q3 24 | 1.85× | 0.76× | ||
| Q2 24 | 1.62× | 5.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
DGICA
Segment breakdown not available.
