vs

Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.

Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $236.0M, roughly 1.3× DONEGAL GROUP INC). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 4.9%, a 23.3% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -3.7%). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% 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.

Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.

DGICA vs LOPE — Head-to-Head

Bigger by revenue
LOPE
LOPE
1.3× larger
LOPE
$308.1M
$236.0M
DGICA
Growing faster (revenue YoY)
LOPE
LOPE
+9.1% gap
LOPE
5.3%
-3.7%
DGICA
Higher net margin
LOPE
LOPE
23.3% more per $
LOPE
28.1%
4.9%
DGICA
Faster 2-yr revenue CAGR
LOPE
LOPE
Annualised
LOPE
5.9%
-2.2%
DGICA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DGICA
DGICA
LOPE
LOPE
Revenue
$236.0M
$308.1M
Net Profit
$11.5M
$86.7M
Gross Margin
Operating Margin
35.1%
Net Margin
4.9%
28.1%
Revenue YoY
-3.7%
5.3%
Net Profit YoY
-54.3%
5.9%
EPS (diluted)
$3.13

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
LOPE
LOPE
Q1 26
$236.0M
Q4 25
$239.8M
$308.1M
Q3 25
$245.9M
$261.1M
Q2 25
$247.1M
$247.5M
Q1 25
$245.2M
$289.3M
Q4 24
$250.0M
$292.6M
Q3 24
$251.7M
$238.3M
Q2 24
$246.8M
$227.5M
Net Profit
DGICA
DGICA
LOPE
LOPE
Q1 26
$11.5M
Q4 25
$17.2M
$86.7M
Q3 25
$20.1M
$16.3M
Q2 25
$16.9M
$41.5M
Q1 25
$25.2M
$71.6M
Q4 24
$24.0M
$81.9M
Q3 24
$16.8M
$41.5M
Q2 24
$4.2M
$34.9M
Operating Margin
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
8.7%
35.1%
Q3 25
10.2%
6.9%
Q2 25
8.3%
20.9%
Q1 25
12.7%
30.4%
Q4 24
11.9%
34.2%
Q3 24
8.1%
20.2%
Q2 24
2.0%
18.8%
Net Margin
DGICA
DGICA
LOPE
LOPE
Q1 26
4.9%
Q4 25
7.2%
28.1%
Q3 25
8.2%
6.2%
Q2 25
6.8%
16.8%
Q1 25
10.3%
24.8%
Q4 24
9.6%
28.0%
Q3 24
6.7%
17.4%
Q2 24
1.7%
15.3%
EPS (diluted)
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
$3.13
Q3 25
$0.58
Q2 25
$1.48
Q1 25
$2.52
Q4 24
$2.83
Q3 24
$1.42
Q2 24
$1.19

Balance Sheet & Financial Strength

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

Metric
DGICA
DGICA
LOPE
LOPE
Cash + ST InvestmentsLiquidity on hand
$111.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$649.1M
$746.9M
Total Assets
$2.4B
$992.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
$111.8M
Q3 25
$97.3M
Q2 25
$192.3M
Q1 25
$144.5M
Q4 24
$324.6M
Q3 24
$263.6M
Q2 24
$241.3M
Stockholders' Equity
DGICA
DGICA
LOPE
LOPE
Q1 26
$649.1M
Q4 25
$640.4M
$746.9M
Q3 25
$627.4M
$758.0M
Q2 25
$605.7M
$778.0M
Q1 25
$584.7M
$780.7M
Q4 24
$545.8M
$783.9M
Q3 24
$513.4M
$764.1M
Q2 24
$484.1M
$759.2M
Total Assets
DGICA
DGICA
LOPE
LOPE
Q1 26
$2.4B
Q4 25
$2.4B
$992.3M
Q3 25
$2.4B
$1.0B
Q2 25
$2.4B
$1.0B
Q1 25
$2.4B
$1.0B
Q4 24
$2.3B
$1.0B
Q3 24
$2.3B
$992.9M
Q2 24
$2.3B
$992.7M

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
LOPE
LOPE
Operating Cash FlowLast quarter
$130.5M
Free Cash FlowOCF − Capex
$122.9M
FCF MarginFCF / Revenue
39.9%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters
$238.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
$70.2M
$130.5M
Q3 25
$22.4M
$-48.6M
Q2 25
$12.1M
$124.0M
Q1 25
$25.7M
$67.6M
Q4 24
$67.4M
$135.8M
Q3 24
$12.7M
$-29.4M
Q2 24
$21.7M
$98.6M
Free Cash Flow
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
$122.9M
Q3 25
$-58.3M
Q2 25
$115.4M
Q1 25
$58.7M
Q4 24
$126.1M
Q3 24
$-39.0M
Q2 24
$89.6M
FCF Margin
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
39.9%
Q3 25
-22.3%
Q2 25
46.6%
Q1 25
20.3%
Q4 24
43.1%
Q3 24
-16.3%
Q2 24
39.4%
Capex Intensity
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
2.5%
Q3 25
3.7%
Q2 25
3.5%
Q1 25
3.1%
Q4 24
3.3%
Q3 24
4.0%
Q2 24
3.9%
Cash Conversion
DGICA
DGICA
LOPE
LOPE
Q1 26
Q4 25
4.08×
1.50×
Q3 25
1.11×
-2.99×
Q2 25
0.72×
2.98×
Q1 25
1.02×
0.94×
Q4 24
2.81×
1.66×
Q3 24
0.76×
-0.71×
Q2 24
5.22×
2.83×

Financial Flow Comparison

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

Related Comparisons