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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) 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 $154.8M, roughly 1.5× Commercial Vehicle Group, Inc.). On growth, DONEGAL GROUP INC posted the faster year-over-year revenue change (-3.7% vs -5.2%). Over the past eight quarters, DONEGAL GROUP INC's revenue compounded faster (-2.2% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

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.

CVGI vs DGICA — Head-to-Head

Bigger by revenue
DGICA
DGICA
1.5× larger
DGICA
$236.0M
$154.8M
CVGI
Growing faster (revenue YoY)
DGICA
DGICA
+1.5% gap
DGICA
-3.7%
-5.2%
CVGI
Faster 2-yr revenue CAGR
DGICA
DGICA
Annualised
DGICA
-2.2%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
DGICA
DGICA
Revenue
$154.8M
$236.0M
Net Profit
$11.5M
Gross Margin
9.7%
Operating Margin
-1.2%
Net Margin
4.9%
Revenue YoY
-5.2%
-3.7%
Net Profit YoY
-54.3%
EPS (diluted)

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
CVGI
CVGI
DGICA
DGICA
Q1 26
$236.0M
Q4 25
$154.8M
$239.8M
Q3 25
$152.5M
$245.9M
Q2 25
$172.0M
$247.1M
Q1 25
$169.8M
$245.2M
Q4 24
$163.3M
$250.0M
Q3 24
$171.8M
$251.7M
Q2 24
$193.7M
$246.8M
Net Profit
CVGI
CVGI
DGICA
DGICA
Q1 26
$11.5M
Q4 25
$17.2M
Q3 25
$-7.1M
$20.1M
Q2 25
$-4.8M
$16.9M
Q1 25
$-4.3M
$25.2M
Q4 24
$24.0M
Q3 24
$9.5M
$16.8M
Q2 24
$-1.6M
$4.2M
Gross Margin
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
9.7%
Q3 25
10.5%
Q2 25
11.4%
Q1 25
10.5%
Q4 24
8.0%
Q3 24
9.6%
Q2 24
10.6%
Operating Margin
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
-1.2%
8.7%
Q3 25
-0.7%
10.2%
Q2 25
0.5%
8.3%
Q1 25
0.8%
12.7%
Q4 24
-3.2%
11.9%
Q3 24
-0.6%
8.1%
Q2 24
0.5%
2.0%
Net Margin
CVGI
CVGI
DGICA
DGICA
Q1 26
4.9%
Q4 25
7.2%
Q3 25
-4.6%
8.2%
Q2 25
-2.8%
6.8%
Q1 25
-2.5%
10.3%
Q4 24
9.6%
Q3 24
5.5%
6.7%
Q2 24
-0.8%
1.7%
EPS (diluted)
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
DGICA
DGICA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$649.1M
Total Assets
$391.7M
$2.4B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Stockholders' Equity
CVGI
CVGI
DGICA
DGICA
Q1 26
$649.1M
Q4 25
$133.4M
$640.4M
Q3 25
$136.5M
$627.4M
Q2 25
$142.6M
$605.7M
Q1 25
$136.7M
$584.7M
Q4 24
$135.6M
$545.8M
Q3 24
$179.3M
$513.4M
Q2 24
$169.6M
$484.1M
Total Assets
CVGI
CVGI
DGICA
DGICA
Q1 26
$2.4B
Q4 25
$391.7M
$2.4B
Q3 25
$400.3M
$2.4B
Q2 25
$429.8M
$2.4B
Q1 25
$419.8M
$2.4B
Q4 24
$424.6M
$2.3B
Q3 24
$495.3M
$2.3B
Q2 24
$503.2M
$2.3B
Debt / Equity
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×

Cash Flow & Capital Efficiency

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

Metric
CVGI
CVGI
DGICA
DGICA
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
$12.3M
$70.2M
Q3 25
$-1.7M
$22.4M
Q2 25
$18.9M
$12.1M
Q1 25
$15.2M
$25.7M
Q4 24
$-26.6M
$67.4M
Q3 24
$-17.1M
$12.7M
Q2 24
$12.6M
$21.7M
Free Cash Flow
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
$8.7M
Q3 25
$-3.5M
Q2 25
$17.4M
Q1 25
$11.4M
Q4 24
$-30.6M
Q3 24
$-20.3M
Q2 24
$6.4M
FCF Margin
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
5.6%
Q3 25
-2.3%
Q2 25
10.1%
Q1 25
6.7%
Q4 24
-18.7%
Q3 24
-11.8%
Q2 24
3.3%
Capex Intensity
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
2.3%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
2.2%
Q4 24
2.4%
Q3 24
1.9%
Q2 24
3.2%
Cash Conversion
CVGI
CVGI
DGICA
DGICA
Q1 26
Q4 25
4.08×
Q3 25
1.11×
Q2 25
0.72×
Q1 25
1.02×
Q4 24
2.81×
Q3 24
-1.79×
0.76×
Q2 24
5.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

DGICA
DGICA

Segment breakdown not available.

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