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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and KINGSTONE COMPANIES, INC. (KINS). Click either name above to swap in a different company.

Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $56.4M, roughly 1.4× KINGSTONE COMPANIES, INC.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 26.2%, a 2.7% gap on every dollar of revenue. On growth, KINGSTONE COMPANIES, INC. posted the faster year-over-year revenue change (34.0% vs 8.7%). Over the past eight quarters, KINGSTONE COMPANIES, INC.'s revenue compounded faster (25.6% CAGR vs 1.8%).

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey. The company...

EFC vs KINS — Head-to-Head

Bigger by revenue
EFC
EFC
1.4× larger
EFC
$78.2M
$56.4M
KINS
Growing faster (revenue YoY)
KINS
KINS
+25.3% gap
KINS
34.0%
8.7%
EFC
Higher net margin
EFC
EFC
2.7% more per $
EFC
28.9%
26.2%
KINS
Faster 2-yr revenue CAGR
KINS
KINS
Annualised
KINS
25.6%
1.8%
EFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EFC
EFC
KINS
KINS
Revenue
$78.2M
$56.4M
Net Profit
$22.6M
$14.8M
Gross Margin
Operating Margin
7.4%
32.7%
Net Margin
28.9%
26.2%
Revenue YoY
8.7%
34.0%
Net Profit YoY
-26.2%
171.4%
EPS (diluted)
$0.10
$1.09

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
EFC
EFC
KINS
KINS
Q4 25
$78.2M
$56.4M
Q3 25
$82.8M
$55.7M
Q2 25
$92.5M
$52.3M
Q1 25
$82.9M
$50.5M
Q4 24
$72.0M
$42.1M
Q3 24
$67.0M
$40.8M
Q2 24
$91.2M
$36.5M
Q1 24
$75.5M
$35.8M
Net Profit
EFC
EFC
KINS
KINS
Q4 25
$22.6M
$14.8M
Q3 25
$29.5M
$10.9M
Q2 25
$42.9M
$11.3M
Q1 25
$31.6M
$3.9M
Q4 24
$30.7M
$5.4M
Q3 24
$16.2M
$7.0M
Q2 24
$52.3M
$4.5M
Q1 24
$26.9M
$1.4M
Operating Margin
EFC
EFC
KINS
KINS
Q4 25
7.4%
32.7%
Q3 25
31.1%
24.6%
Q2 25
38.3%
27.1%
Q1 25
37.3%
9.3%
Q4 24
28.0%
15.9%
Q3 24
24.0%
22.3%
Q2 24
52.8%
15.7%
Q1 24
42.2%
5.0%
Net Margin
EFC
EFC
KINS
KINS
Q4 25
28.9%
26.2%
Q3 25
35.7%
19.5%
Q2 25
46.4%
21.5%
Q1 25
38.2%
7.7%
Q4 24
42.6%
12.9%
Q3 24
24.1%
17.1%
Q2 24
57.4%
12.4%
Q1 24
35.6%
4.0%
EPS (diluted)
EFC
EFC
KINS
KINS
Q4 25
$0.10
$1.09
Q3 25
$0.29
$0.74
Q2 25
$0.45
$0.78
Q1 25
$0.35
$0.27
Q4 24
$0.23
$0.44
Q3 24
$0.19
$0.55
Q2 24
$0.62
$0.37
Q1 24
$0.32
$0.12

Balance Sheet & Financial Strength

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

Metric
EFC
EFC
KINS
KINS
Cash + ST InvestmentsLiquidity on hand
$201.9M
Total DebtLower is stronger
$4.4M
Stockholders' EquityBook value
$1.8B
$122.7M
Total Assets
$19.4B
$453.4M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
KINS
KINS
Q4 25
$201.9M
Q3 25
$184.8M
Q2 25
$211.0M
Q1 25
$203.3M
Q4 24
$192.4M
Q3 24
$217.7M
Q2 24
$198.5M
Q1 24
$187.5M
Total Debt
EFC
EFC
KINS
KINS
Q4 25
$4.4M
Q3 25
$4.8M
Q2 25
$5.1M
Q1 25
$5.4M
Q4 24
$11.2M
Q3 24
$17.3M
Q2 24
$25.3M
Q1 24
$25.3M
Stockholders' Equity
EFC
EFC
KINS
KINS
Q4 25
$1.8B
$122.7M
Q3 25
$1.8B
$107.7M
Q2 25
$1.7B
$94.9M
Q1 25
$1.6B
$82.2M
Q4 24
$1.6B
$66.7M
Q3 24
$1.6B
$59.7M
Q2 24
$1.6B
$40.8M
Q1 24
$1.5B
$35.7M
Total Assets
EFC
EFC
KINS
KINS
Q4 25
$19.4B
$453.4M
Q3 25
$17.8B
$428.6M
Q2 25
$17.1B
$393.4M
Q1 25
$16.6B
$385.4M
Q4 24
$16.3B
$374.9M
Q3 24
$16.0B
$347.0M
Q2 24
$15.1B
$319.8M
Q1 24
$15.1B
$318.3M
Debt / Equity
EFC
EFC
KINS
KINS
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.05×
Q1 25
0.07×
Q4 24
0.17×
Q3 24
0.29×
Q2 24
0.62×
Q1 24
0.71×

Cash Flow & Capital Efficiency

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

Metric
EFC
EFC
KINS
KINS
Operating Cash FlowLast quarter
$-925.5M
$75.9M
Free Cash FlowOCF − Capex
$73.1M
FCF MarginFCF / Revenue
129.5%
Capex IntensityCapex / Revenue
0.0%
5.0%
Cash ConversionOCF / Net Profit
-40.92×
5.14×
TTM Free Cash FlowTrailing 4 quarters
$124.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
KINS
KINS
Q4 25
$-925.5M
$75.9M
Q3 25
$-290.4M
$25.9M
Q2 25
$-210.5M
$9.3M
Q1 25
$-126.4M
$17.9M
Q4 24
$-430.5M
$57.9M
Q3 24
$-141.7M
$21.7M
Q2 24
$-88.6M
$7.1M
Q1 24
$-59.5M
$6.1M
Free Cash Flow
EFC
EFC
KINS
KINS
Q4 25
$73.1M
Q3 25
$25.3M
Q2 25
$8.7M
Q1 25
$17.0M
Q4 24
$55.6M
Q3 24
$21.0M
Q2 24
$6.6M
Q1 24
$5.6M
FCF Margin
EFC
EFC
KINS
KINS
Q4 25
129.5%
Q3 25
45.4%
Q2 25
16.6%
Q1 25
33.7%
Q4 24
132.1%
Q3 24
51.6%
Q2 24
18.1%
Q1 24
15.5%
Capex Intensity
EFC
EFC
KINS
KINS
Q4 25
0.0%
5.0%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
1.7%
Q4 24
0.0%
5.6%
Q3 24
0.0%
1.7%
Q2 24
0.0%
1.4%
Q1 24
0.0%
1.5%
Cash Conversion
EFC
EFC
KINS
KINS
Q4 25
-40.92×
5.14×
Q3 25
-9.84×
2.38×
Q2 25
-4.90×
0.82×
Q1 25
-3.99×
4.60×
Q4 24
-14.04×
10.65×
Q3 24
-8.76×
3.12×
Q2 24
-1.69×
1.58×
Q1 24
-2.21×
4.27×

Financial Flow Comparison

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

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