vs

Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $236.0M, roughly 1.2× DONEGAL GROUP INC). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs 4.9%, a 10.4% gap on every dollar of revenue. On growth, DONEGAL GROUP INC posted the faster year-over-year revenue change (-3.7% vs -29.1%).

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.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

DGICA vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
1.2× larger
MATW
$284.8M
$236.0M
DGICA
Growing faster (revenue YoY)
DGICA
DGICA
+25.4% gap
DGICA
-3.7%
-29.1%
MATW
Higher net margin
MATW
MATW
10.4% more per $
MATW
15.3%
4.9%
DGICA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DGICA
DGICA
MATW
MATW
Revenue
$236.0M
$284.8M
Net Profit
$11.5M
$43.6M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
4.9%
15.3%
Revenue YoY
-3.7%
-29.1%
Net Profit YoY
-54.3%
1356.6%
EPS (diluted)
$1.39

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
MATW
MATW
Q1 26
$236.0M
Q4 25
$239.8M
$284.8M
Q3 25
$245.9M
Q2 25
$247.1M
Q1 25
$245.2M
Q4 24
$250.0M
Q3 24
$251.7M
Q2 24
$246.8M
Net Profit
DGICA
DGICA
MATW
MATW
Q1 26
$11.5M
Q4 25
$17.2M
$43.6M
Q3 25
$20.1M
Q2 25
$16.9M
Q1 25
$25.2M
Q4 24
$24.0M
Q3 24
$16.8M
Q2 24
$4.2M
Gross Margin
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
8.7%
34.2%
Q3 25
10.2%
Q2 25
8.3%
Q1 25
12.7%
Q4 24
11.9%
Q3 24
8.1%
Q2 24
2.0%
Net Margin
DGICA
DGICA
MATW
MATW
Q1 26
4.9%
Q4 25
7.2%
15.3%
Q3 25
8.2%
Q2 25
6.8%
Q1 25
10.3%
Q4 24
9.6%
Q3 24
6.7%
Q2 24
1.7%
EPS (diluted)
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
$1.39
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
DGICA
DGICA
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$649.1M
$543.2M
Total Assets
$2.4B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
$31.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
DGICA
DGICA
MATW
MATW
Q1 26
$649.1M
Q4 25
$640.4M
$543.2M
Q3 25
$627.4M
Q2 25
$605.7M
Q1 25
$584.7M
Q4 24
$545.8M
Q3 24
$513.4M
Q2 24
$484.1M
Total Assets
DGICA
DGICA
MATW
MATW
Q1 26
$2.4B
Q4 25
$2.4B
$1.6B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.4B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Debt / Equity
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
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
DGICA
DGICA
MATW
MATW
Operating Cash FlowLast quarter
$-52.0M
Free Cash FlowOCF − Capex
$-57.2M
FCF MarginFCF / Revenue
-20.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
$70.2M
$-52.0M
Q3 25
$22.4M
Q2 25
$12.1M
Q1 25
$25.7M
Q4 24
$67.4M
Q3 24
$12.7M
Q2 24
$21.7M
Free Cash Flow
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
$-57.2M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
-20.1%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
1.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
DGICA
DGICA
MATW
MATW
Q1 26
Q4 25
4.08×
-1.19×
Q3 25
1.11×
Q2 25
0.72×
Q1 25
1.02×
Q4 24
2.81×
Q3 24
0.76×
Q2 24
5.22×

Financial Flow Comparison

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

Related Comparisons