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Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $236.0M, roughly 1.7× DONEGAL GROUP INC). IDEX Corporation runs the higher net margin — 30.1% vs 4.9%, a 25.2% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs -3.7%). Over the past eight quarters, DONEGAL GROUP INC's revenue compounded faster (-2.2% CAGR vs -29.4%).

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.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

DGICA vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.7× larger
IEX
$398.4M
$236.0M
DGICA
Growing faster (revenue YoY)
IEX
IEX
+20.4% gap
IEX
16.7%
-3.7%
DGICA
Higher net margin
IEX
IEX
25.2% more per $
IEX
30.1%
4.9%
DGICA
Faster 2-yr revenue CAGR
DGICA
DGICA
Annualised
DGICA
-2.2%
-29.4%
IEX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
DGICA
DGICA
IEX
IEX
Revenue
$236.0M
$398.4M
Net Profit
$11.5M
$120.0M
Gross Margin
99.9%
Operating Margin
43.3%
Net Margin
4.9%
30.1%
Revenue YoY
-3.7%
16.7%
Net Profit YoY
-54.3%
25.7%
EPS (diluted)
$1.61

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
DGICA
DGICA
IEX
IEX
Q2 26
$398.4M
Q1 26
$236.0M
$407.7M
Q4 25
$239.8M
$899.1M
Q3 25
$245.9M
$878.7M
Q2 25
$247.1M
$865.4M
Q1 25
$245.2M
$814.3M
Q4 24
$250.0M
$862.9M
Q3 24
$251.7M
$798.2M
Net Profit
DGICA
DGICA
IEX
IEX
Q2 26
$120.0M
Q1 26
$11.5M
$128.3M
Q4 25
$17.2M
$128.3M
Q3 25
$20.1M
$127.8M
Q2 25
$16.9M
$131.6M
Q1 25
$25.2M
$95.5M
Q4 24
$24.0M
$123.2M
Q3 24
$16.8M
$119.1M
Gross Margin
DGICA
DGICA
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
DGICA
DGICA
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
8.7%
20.4%
Q3 25
10.2%
21.1%
Q2 25
8.3%
21.7%
Q1 25
12.7%
17.4%
Q4 24
11.9%
19.2%
Q3 24
8.1%
21.0%
Net Margin
DGICA
DGICA
IEX
IEX
Q2 26
30.1%
Q1 26
4.9%
31.5%
Q4 25
7.2%
14.3%
Q3 25
8.2%
14.5%
Q2 25
6.8%
15.2%
Q1 25
10.3%
11.7%
Q4 24
9.6%
14.3%
Q3 24
6.7%
14.9%
EPS (diluted)
DGICA
DGICA
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
Q3 25
$1.70
Q2 25
$1.74
Q1 25
$1.26
Q4 24
$1.61
Q3 24
$1.57

Balance Sheet & Financial Strength

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

Metric
DGICA
DGICA
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$586.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$649.1M
$4.0B
Total Assets
$2.4B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGICA
DGICA
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
Q3 25
$593.8M
Q2 25
$568.2M
Q1 25
$594.1M
Q4 24
$620.8M
Q3 24
$633.2M
Total Debt
DGICA
DGICA
IEX
IEX
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
DGICA
DGICA
IEX
IEX
Q2 26
$4.0B
Q1 26
$649.1M
$4.0B
Q4 25
$640.4M
$4.0B
Q3 25
$627.4M
$4.0B
Q2 25
$605.7M
$4.0B
Q1 25
$584.7M
$3.9B
Q4 24
$545.8M
$3.8B
Q3 24
$513.4M
$3.8B
Total Assets
DGICA
DGICA
IEX
IEX
Q2 26
$6.9B
Q1 26
$2.4B
$6.9B
Q4 25
$2.4B
$6.9B
Q3 25
$2.4B
$7.0B
Q2 25
$2.4B
$6.9B
Q1 25
$2.4B
$6.8B
Q4 24
$2.3B
$6.7B
Q3 24
$2.3B
$7.0B
Debt / Equity
DGICA
DGICA
IEX
IEX
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
DGICA
DGICA
IEX
IEX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGICA
DGICA
IEX
IEX
Q2 26
Q1 26
Q4 25
$70.2M
$209.5M
Q3 25
$22.4M
$203.5M
Q2 25
$12.1M
$161.7M
Q1 25
$25.7M
$105.7M
Q4 24
$67.4M
$172.6M
Q3 24
$12.7M
$205.3M
Free Cash Flow
DGICA
DGICA
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$188.7M
Q2 25
$146.9M
Q1 25
$91.4M
Q4 24
$157.1M
Q3 24
$191.6M
FCF Margin
DGICA
DGICA
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
21.5%
Q2 25
17.0%
Q1 25
11.2%
Q4 24
18.2%
Q3 24
24.0%
Capex Intensity
DGICA
DGICA
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
1.8%
Q3 24
1.7%
Cash Conversion
DGICA
DGICA
IEX
IEX
Q2 26
Q1 26
Q4 25
4.08×
1.63×
Q3 25
1.11×
1.59×
Q2 25
0.72×
1.23×
Q1 25
1.02×
1.11×
Q4 24
2.81×
1.40×
Q3 24
0.76×
1.72×

Financial Flow Comparison

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

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