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Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and Orthofix Medical Inc. (OFIX). Click either name above to swap in a different company.

DONEGAL GROUP INC is the larger business by last-quarter revenue ($236.0M vs $219.9M, roughly 1.1× Orthofix Medical Inc.). DONEGAL GROUP INC runs the higher net margin — 4.9% vs -1.0%, a 5.9% gap on every dollar of revenue. On growth, Orthofix Medical Inc. posted the faster year-over-year revenue change (2.0% vs -3.7%). Over the past eight quarters, Orthofix Medical Inc.'s revenue compounded faster (8.0% 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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

DGICA vs OFIX — Head-to-Head

Bigger by revenue
DGICA
DGICA
1.1× larger
DGICA
$236.0M
$219.9M
OFIX
Growing faster (revenue YoY)
OFIX
OFIX
+5.7% gap
OFIX
2.0%
-3.7%
DGICA
Higher net margin
DGICA
DGICA
5.9% more per $
DGICA
4.9%
-1.0%
OFIX
Faster 2-yr revenue CAGR
OFIX
OFIX
Annualised
OFIX
8.0%
-2.2%
DGICA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DGICA
DGICA
OFIX
OFIX
Revenue
$236.0M
$219.9M
Net Profit
$11.5M
$-2.2M
Gross Margin
71.1%
Operating Margin
0.2%
Net Margin
4.9%
-1.0%
Revenue YoY
-3.7%
2.0%
Net Profit YoY
-54.3%
92.4%
EPS (diluted)
$-0.05

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
OFIX
OFIX
Q1 26
$236.0M
Q4 25
$239.8M
$219.9M
Q3 25
$245.9M
$205.6M
Q2 25
$247.1M
$203.1M
Q1 25
$245.2M
$193.6M
Q4 24
$250.0M
$215.7M
Q3 24
$251.7M
$196.6M
Q2 24
$246.8M
$198.6M
Net Profit
DGICA
DGICA
OFIX
OFIX
Q1 26
$11.5M
Q4 25
$17.2M
$-2.2M
Q3 25
$20.1M
$-22.8M
Q2 25
$16.9M
$-14.1M
Q1 25
$25.2M
$-53.1M
Q4 24
$24.0M
$-29.1M
Q3 24
$16.8M
$-27.4M
Q2 24
$4.2M
$-33.4M
Gross Margin
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
71.1%
Q3 25
72.2%
Q2 25
68.7%
Q1 25
62.8%
Q4 24
69.0%
Q3 24
68.7%
Q2 24
67.8%
Operating Margin
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
8.7%
0.2%
Q3 25
10.2%
-8.3%
Q2 25
8.3%
-7.9%
Q1 25
12.7%
-25.2%
Q4 24
11.9%
-5.3%
Q3 24
8.1%
-9.6%
Q2 24
2.0%
-12.5%
Net Margin
DGICA
DGICA
OFIX
OFIX
Q1 26
4.9%
Q4 25
7.2%
-1.0%
Q3 25
8.2%
-11.1%
Q2 25
6.8%
-6.9%
Q1 25
10.3%
-27.4%
Q4 24
9.6%
-13.5%
Q3 24
6.7%
-13.9%
Q2 24
1.7%
-16.8%
EPS (diluted)
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
$-0.05
Q3 25
$-0.57
Q2 25
$-0.36
Q1 25
$-1.35
Q4 24
$-0.76
Q3 24
$-0.71
Q2 24
$-0.88

Balance Sheet & Financial Strength

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

Metric
DGICA
DGICA
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$82.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$649.1M
$450.0M
Total Assets
$2.4B
$850.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
$82.0M
Q3 25
$62.9M
Q2 25
$65.6M
Q1 25
$58.0M
Q4 24
$83.2M
Q3 24
$30.1M
Q2 24
$26.4M
Total Debt
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
Q3 25
$157.2M
Q2 25
$157.0M
Q1 25
$156.9M
Q4 24
$157.0M
Q3 24
$118.5M
Q2 24
$118.0M
Stockholders' Equity
DGICA
DGICA
OFIX
OFIX
Q1 26
$649.1M
Q4 25
$640.4M
$450.0M
Q3 25
$627.4M
$442.5M
Q2 25
$605.7M
$458.3M
Q1 25
$584.7M
$458.3M
Q4 24
$545.8M
$503.1M
Q3 24
$513.4M
$525.9M
Q2 24
$484.1M
$546.0M
Total Assets
DGICA
DGICA
OFIX
OFIX
Q1 26
$2.4B
Q4 25
$2.4B
$850.6M
Q3 25
$2.4B
$832.6M
Q2 25
$2.4B
$837.2M
Q1 25
$2.4B
$823.1M
Q4 24
$2.3B
$893.3M
Q3 24
$2.3B
$867.9M
Q2 24
$2.3B
$882.0M
Debt / Equity
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
Q3 25
0.36×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.31×
Q3 24
0.23×
Q2 24
0.22×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$27.7M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
$70.2M
$27.7M
Q3 25
$22.4M
$12.4M
Q2 25
$12.1M
$11.6M
Q1 25
$25.7M
$-18.4M
Q4 24
$67.4M
$23.7M
Q3 24
$12.7M
$11.7M
Q2 24
$21.7M
$9.0M
Free Cash Flow
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
$16.8M
Q3 25
$2.5M
Q2 25
$4.5M
Q1 25
$-25.1M
Q4 24
$15.2M
Q3 24
$6.3M
Q2 24
$-360.0K
FCF Margin
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
7.6%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
-13.0%
Q4 24
7.0%
Q3 24
3.2%
Q2 24
-0.2%
Capex Intensity
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
4.9%
Q3 25
4.8%
Q2 25
3.5%
Q1 25
3.5%
Q4 24
4.0%
Q3 24
2.7%
Q2 24
4.7%
Cash Conversion
DGICA
DGICA
OFIX
OFIX
Q1 26
Q4 25
4.08×
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.

Revenue Breakdown by Segment

DGICA
DGICA

Segment breakdown not available.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

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