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Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.
Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $143.5M, roughly 1.2× FTAI Infrastructure Inc.). On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -21.3%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -11.4%).
Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
EIG vs FIP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $170.5M | $143.5M |
| Net Profit | — | $-97.7M |
| Gross Margin | — | — |
| Operating Margin | — | -45.7% |
| Net Margin | — | -68.1% |
| Revenue YoY | -21.3% | 77.7% |
| Net Profit YoY | — | 21.6% |
| EPS (diluted) | — | $-1.04 |
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.
| Q1 26 | $170.5M | — | ||
| Q4 25 | $188.5M | $143.5M | ||
| Q3 25 | $239.3M | $140.6M | ||
| Q2 25 | $246.3M | $122.3M | ||
| Q1 25 | $202.6M | $96.2M | ||
| Q4 24 | $216.6M | $80.8M | ||
| Q3 24 | $224.0M | $83.3M | ||
| Q2 24 | $217.0M | $84.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-97.7M | ||
| Q3 25 | $-8.3M | $-104.5M | ||
| Q2 25 | $29.7M | $-70.0M | ||
| Q1 25 | $12.8M | $120.2M | ||
| Q4 24 | — | $-124.7M | ||
| Q3 24 | $30.3M | $-43.0M | ||
| Q2 24 | $31.7M | $-48.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | -45.7% | ||
| Q3 25 | -4.7% | -70.8% | ||
| Q2 25 | 15.0% | -56.4% | ||
| Q1 25 | 7.8% | 81.8% | ||
| Q4 24 | — | -152.7% | ||
| Q3 24 | 16.4% | -51.7% | ||
| Q2 24 | 18.4% | -56.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | -68.1% | ||
| Q3 25 | -3.5% | -74.4% | ||
| Q2 25 | 12.1% | -57.2% | ||
| Q1 25 | 6.3% | 125.0% | ||
| Q4 24 | — | -154.4% | ||
| Q3 24 | 13.5% | -51.6% | ||
| Q2 24 | 14.6% | -56.7% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-1.04 | ||
| Q3 25 | $-0.36 | $-1.38 | ||
| Q2 25 | $1.23 | $-0.73 | ||
| Q1 25 | $0.52 | $0.89 | ||
| Q4 24 | $1.14 | $-1.21 | ||
| Q3 24 | $1.21 | $-0.45 | ||
| Q2 24 | $1.25 | $-0.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $169.9M | $57.4M |
| Total DebtLower is stronger | — | $3.8B |
| Stockholders' EquityBook value | $955.7M | $21.3M |
| Total Assets | $3.4B | $5.7B |
| Debt / EquityLower = less leverage | — | 176.99× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $169.9M | — | ||
| Q4 25 | $169.9M | $57.4M | ||
| Q3 25 | $172.4M | $34.7M | ||
| Q2 25 | $78.1M | $33.6M | ||
| Q1 25 | $100.4M | $26.3M | ||
| Q4 24 | $68.4M | $27.8M | ||
| Q3 24 | $173.9M | $20.3M | ||
| Q2 24 | $126.4M | $33.1M |
| Q1 26 | — | — | ||
| Q4 25 | $19.0M | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $0 | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B |
| Q1 26 | $955.7M | — | ||
| Q4 25 | $955.7M | $21.3M | ||
| Q3 25 | $1.0B | $181.1M | ||
| Q2 25 | $1.1B | $375.5M | ||
| Q1 25 | $1.1B | $476.2M | ||
| Q4 24 | $1.1B | $202.7M | ||
| Q3 24 | $1.1B | $370.8M | ||
| Q2 24 | $1.0B | $394.8M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $5.7B | ||
| Q3 25 | $3.5B | $5.5B | ||
| Q2 25 | $3.5B | $4.4B | ||
| Q1 25 | $3.6B | $4.1B | ||
| Q4 24 | $3.5B | $2.4B | ||
| Q3 24 | $3.6B | $2.4B | ||
| Q2 24 | $3.5B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | 0.00× | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-2.8M |
| Free Cash FlowOCF − Capex | — | $-68.6M |
| FCF MarginFCF / Revenue | — | -47.8% |
| Capex IntensityCapex / Revenue | — | 45.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-398.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $44.7M | $-2.8M | ||
| Q3 25 | $29.4M | $-24.4M | ||
| Q2 25 | $0 | $-5.2M | ||
| Q1 25 | $14.6M | $-85.7M | ||
| Q4 24 | $76.4M | $-8.1M | ||
| Q3 24 | $51.0M | $14.2M | ||
| Q2 24 | $11.7M | $-17.6M |
| Q1 26 | — | — | ||
| Q4 25 | $44.6M | $-68.6M | ||
| Q3 25 | — | $-90.7M | ||
| Q2 25 | — | $-87.5M | ||
| Q1 25 | — | $-151.7M | ||
| Q4 24 | $76.3M | $-34.3M | ||
| Q3 24 | — | $-11.7M | ||
| Q2 24 | — | $-32.1M |
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | -47.8% | ||
| Q3 25 | — | -64.5% | ||
| Q2 25 | — | -71.6% | ||
| Q1 25 | — | -157.7% | ||
| Q4 24 | 35.2% | -42.4% | ||
| Q3 24 | — | -14.0% | ||
| Q2 24 | — | -37.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 45.9% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 67.3% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | 0.0% | 32.5% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | — | 17.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 1.14× | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 0.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EIG
Segment breakdown not available.
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
