vs
Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $236.0M, roughly 1.2× DONEGAL GROUP INC). Forestar Group Inc. runs the higher net margin — 5.6% vs 4.9%, a 0.8% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs -3.7%). Over the past eight quarters, DONEGAL GROUP INC's revenue compounded faster (-2.2% CAGR vs -9.6%).
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.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
DGICA vs FOR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $236.0M | $273.0M |
| Net Profit | $11.5M | $15.4M |
| Gross Margin | — | 20.1% |
| Operating Margin | — | 7.6% |
| Net Margin | 4.9% | 5.6% |
| Revenue YoY | -3.7% | 9.0% |
| Net Profit YoY | -54.3% | -6.7% |
| EPS (diluted) | — | $0.30 |
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 | $239.8M | $273.0M | ||
| Q3 25 | $245.9M | $670.5M | ||
| Q2 25 | $247.1M | $390.5M | ||
| Q1 25 | $245.2M | $351.0M | ||
| Q4 24 | $250.0M | $250.4M | ||
| Q3 24 | $251.7M | $551.3M | ||
| Q2 24 | $246.8M | $318.4M |
| Q1 26 | $11.5M | — | ||
| Q4 25 | $17.2M | $15.4M | ||
| Q3 25 | $20.1M | $86.9M | ||
| Q2 25 | $16.9M | $32.9M | ||
| Q1 25 | $25.2M | $31.6M | ||
| Q4 24 | $24.0M | $16.5M | ||
| Q3 24 | $16.8M | $81.5M | ||
| Q2 24 | $4.2M | $38.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 7.6% | ||
| Q3 25 | 10.2% | 16.9% | ||
| Q2 25 | 8.3% | 11.2% | ||
| Q1 25 | 12.7% | 11.6% | ||
| Q4 24 | 11.9% | 8.7% | ||
| Q3 24 | 8.1% | 19.7% | ||
| Q2 24 | 2.0% | 16.2% |
| Q1 26 | 4.9% | — | ||
| Q4 25 | 7.2% | 5.6% | ||
| Q3 25 | 8.2% | 13.0% | ||
| Q2 25 | 6.8% | 8.4% | ||
| Q1 25 | 10.3% | 9.0% | ||
| Q4 24 | 9.6% | 6.6% | ||
| Q3 24 | 6.7% | 14.8% | ||
| Q2 24 | 1.7% | 12.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.30 | ||
| Q3 25 | — | $1.70 | ||
| Q2 25 | — | $0.65 | ||
| Q1 25 | — | $0.62 | ||
| Q4 24 | — | $0.32 | ||
| Q3 24 | — | $1.59 | ||
| Q2 24 | — | $0.76 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $649.1M | $1.8B |
| Total Assets | $2.4B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $211.7M | ||
| Q3 25 | — | $379.2M | ||
| Q2 25 | — | $189.2M | ||
| Q1 25 | — | $174.3M | ||
| Q4 24 | — | $132.0M | ||
| Q3 24 | — | $481.2M | ||
| Q2 24 | — | $359.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M |
| Q1 26 | $649.1M | — | ||
| Q4 25 | $640.4M | $1.8B | ||
| Q3 25 | $627.4M | $1.8B | ||
| Q2 25 | $605.7M | $1.7B | ||
| Q1 25 | $584.7M | $1.6B | ||
| Q4 24 | $545.8M | $1.6B | ||
| Q3 24 | $513.4M | $1.6B | ||
| Q2 24 | $484.1M | $1.5B |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.4B | $3.1B | ||
| Q2 25 | $2.4B | $3.1B | ||
| Q1 25 | $2.4B | $3.0B | ||
| Q4 24 | $2.3B | $3.0B | ||
| Q3 24 | $2.3B | $2.8B | ||
| Q2 24 | $2.3B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× |
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 | — | $-157.0M |
| Free Cash FlowOCF − Capex | — | $-157.1M |
| FCF MarginFCF / Revenue | — | -57.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $70.2M | $-157.0M | ||
| Q3 25 | $22.4M | $256.3M | ||
| Q2 25 | $12.1M | $15.8M | ||
| Q1 25 | $25.7M | $-19.8M | ||
| Q4 24 | $67.4M | $-450.0M | ||
| Q3 24 | $12.7M | $119.2M | ||
| Q2 24 | $21.7M | $-61.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-157.1M | ||
| Q3 25 | — | $255.6M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-20.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $-62.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | -57.5% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | -19.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.08× | -10.19× | ||
| Q3 25 | 1.11× | 2.95× | ||
| Q2 25 | 0.72× | 0.48× | ||
| Q1 25 | 1.02× | -0.63× | ||
| Q4 24 | 2.81× | -27.27× | ||
| Q3 24 | 0.76× | 1.46× | ||
| Q2 24 | 5.22× | -1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DGICA
Segment breakdown not available.
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
