vs

Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and N-able, Inc. (NABL). Click either name above to swap in a different company.

Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $130.3M, roughly 1.3× N-able, Inc.). On growth, N-able, Inc. posted the faster year-over-year revenue change (11.8% vs -21.3%). Over the past eight quarters, N-able, Inc.'s revenue compounded faster (7.0% 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.

Able UK is a British industrial services company specialising in decommissioning of ships and offshore installations.

EIG vs NABL — Head-to-Head

Bigger by revenue
EIG
EIG
1.3× larger
EIG
$170.5M
$130.3M
NABL
Growing faster (revenue YoY)
NABL
NABL
+33.1% gap
NABL
11.8%
-21.3%
EIG
Faster 2-yr revenue CAGR
NABL
NABL
Annualised
NABL
7.0%
-11.4%
EIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EIG
EIG
NABL
NABL
Revenue
$170.5M
$130.3M
Net Profit
Gross Margin
76.2%
Operating Margin
10.2%
Net Margin
Revenue YoY
-21.3%
11.8%
Net Profit YoY
EPS (diluted)
$-0.04

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.

Revenue
EIG
EIG
NABL
NABL
Q1 26
$170.5M
Q4 25
$188.5M
$130.3M
Q3 25
$239.3M
$131.7M
Q2 25
$246.3M
$131.2M
Q1 25
$202.6M
$118.2M
Q4 24
$216.6M
$116.5M
Q3 24
$224.0M
$116.4M
Q2 24
$217.0M
$119.4M
Net Profit
EIG
EIG
NABL
NABL
Q1 26
Q4 25
Q3 25
$-8.3M
$1.4M
Q2 25
$29.7M
$-4.0M
Q1 25
$12.8M
$-7.2M
Q4 24
Q3 24
$30.3M
$10.8M
Q2 24
$31.7M
$9.5M
Gross Margin
EIG
EIG
NABL
NABL
Q1 26
Q4 25
76.2%
Q3 25
77.5%
Q2 25
78.1%
Q1 25
76.6%
Q4 24
80.0%
Q3 24
82.9%
Q2 24
84.0%
Operating Margin
EIG
EIG
NABL
NABL
Q1 26
Q4 25
10.2%
Q3 25
-4.7%
8.8%
Q2 25
15.0%
7.7%
Q1 25
7.8%
1.5%
Q4 24
13.7%
Q3 24
16.4%
20.5%
Q2 24
18.4%
18.4%
Net Margin
EIG
EIG
NABL
NABL
Q1 26
Q4 25
Q3 25
-3.5%
1.1%
Q2 25
12.1%
-3.1%
Q1 25
6.3%
-6.1%
Q4 24
Q3 24
13.5%
9.2%
Q2 24
14.6%
7.9%
EPS (diluted)
EIG
EIG
NABL
NABL
Q1 26
Q4 25
$-0.93
$-0.04
Q3 25
$-0.36
$0.01
Q2 25
$1.23
$-0.02
Q1 25
$0.52
$-0.04
Q4 24
$1.14
$0.01
Q3 24
$1.21
$0.06
Q2 24
$1.25
$0.05

Balance Sheet & Financial Strength

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

Metric
EIG
EIG
NABL
NABL
Cash + ST InvestmentsLiquidity on hand
$169.9M
$111.8M
Total DebtLower is stronger
$393.9M
Stockholders' EquityBook value
$955.7M
$804.7M
Total Assets
$3.4B
$1.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIG
EIG
NABL
NABL
Q1 26
$169.9M
Q4 25
$169.9M
$111.8M
Q3 25
$172.4M
$101.4M
Q2 25
$78.1M
$93.9M
Q1 25
$100.4M
$94.1M
Q4 24
$68.4M
$85.2M
Q3 24
$173.9M
$174.4M
Q2 24
$126.4M
$157.5M
Total Debt
EIG
EIG
NABL
NABL
Q1 26
Q4 25
$19.0M
$393.9M
Q3 25
$331.7M
Q2 25
$332.1M
Q1 25
$332.6M
Q4 24
$0
$333.1M
Q3 24
$333.6M
Q2 24
$334.1M
Stockholders' Equity
EIG
EIG
NABL
NABL
Q1 26
$955.7M
Q4 25
$955.7M
$804.7M
Q3 25
$1.0B
$813.4M
Q2 25
$1.1B
$809.4M
Q1 25
$1.1B
$775.1M
Q4 24
$1.1B
$759.3M
Q3 24
$1.1B
$765.0M
Q2 24
$1.0B
$724.4M
Total Assets
EIG
EIG
NABL
NABL
Q1 26
$3.4B
Q4 25
$3.4B
$1.4B
Q3 25
$3.5B
$1.4B
Q2 25
$3.5B
$1.4B
Q1 25
$3.6B
$1.4B
Q4 24
$3.5B
$1.3B
Q3 24
$3.6B
$1.2B
Q2 24
$3.5B
$1.2B
Debt / Equity
EIG
EIG
NABL
NABL
Q1 26
Q4 25
0.02×
0.49×
Q3 25
0.41×
Q2 25
0.41×
Q1 25
0.43×
Q4 24
0.00×
0.44×
Q3 24
0.44×
Q2 24
0.46×

Cash Flow & Capital Efficiency

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

Metric
EIG
EIG
NABL
NABL
Operating Cash FlowLast quarter
$25.3M
Free Cash FlowOCF − Capex
$20.9M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EIG
EIG
NABL
NABL
Q1 26
Q4 25
$44.7M
$25.3M
Q3 25
$29.4M
$24.0M
Q2 25
$0
$24.2M
Q1 25
$14.6M
$19.7M
Q4 24
$76.4M
$26.0M
Q3 24
$51.0M
$22.0M
Q2 24
$11.7M
$27.3M
Free Cash Flow
EIG
EIG
NABL
NABL
Q1 26
Q4 25
$44.6M
$20.9M
Q3 25
$17.4M
Q2 25
$20.4M
Q1 25
$16.4M
Q4 24
$76.3M
$18.8M
Q3 24
$18.2M
Q2 24
$24.0M
FCF Margin
EIG
EIG
NABL
NABL
Q1 26
Q4 25
23.7%
16.0%
Q3 25
13.2%
Q2 25
15.5%
Q1 25
13.9%
Q4 24
35.2%
16.2%
Q3 24
15.7%
Q2 24
20.1%
Capex Intensity
EIG
EIG
NABL
NABL
Q1 26
Q4 25
0.1%
3.4%
Q3 25
5.0%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
0.0%
6.1%
Q3 24
3.2%
Q2 24
2.7%
Cash Conversion
EIG
EIG
NABL
NABL
Q1 26
Q4 25
Q3 25
17.36×
Q2 25
0.00×
Q1 25
1.14×
Q4 24
Q3 24
1.68×
2.04×
Q2 24
0.37×
2.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EIG
EIG

Segment breakdown not available.

NABL
NABL

Transferred Over Time$121.9M94%
Transferred At Point In Time$8.4M6%
Other Revenue$1.3M1%

Related Comparisons