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Side-by-side financial comparison of Hamilton Insurance Group, Ltd. (HG) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
Hamilton Insurance Group, Ltd. is the larger business by last-quarter revenue ($728.3M vs $718.6M, roughly 1.0× VinFast Auto Ltd.). Hamilton Insurance Group, Ltd. runs the higher net margin — 23.6% vs -2.8%, a 26.4% gap on every dollar of revenue.
White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
HG vs VFS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $728.3M | $718.6M |
| Net Profit | $172.2M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | — | -96.1% |
| Net Margin | 23.6% | -2.8% |
| Revenue YoY | 27.7% | — |
| Net Profit YoY | 188.3% | — |
| EPS (diluted) | $1.69 | — |
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 | $728.3M | — | ||
| Q4 25 | $728.3M | — | ||
| Q3 25 | $667.6M | $718.6M | ||
| Q2 25 | $740.8M | $663.0M | ||
| Q1 25 | $768.8M | $656.5M | ||
| Q4 24 | $570.5M | — | ||
| Q3 24 | $512.8M | $511.6M | ||
| Q2 24 | $587.9M | — |
| Q1 26 | $172.2M | — | ||
| Q4 25 | $214.6M | — | ||
| Q3 25 | $176.4M | $-20.0M | ||
| Q2 25 | $267.8M | $-51.8M | ||
| Q1 25 | $181.3M | $-26.1M | ||
| Q4 24 | $74.4M | — | ||
| Q3 24 | $61.0M | $-10.4M | ||
| Q2 24 | $200.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | 26.0% | — | ||
| Q3 25 | 27.0% | -96.1% | ||
| Q2 25 | 36.5% | -79.0% | ||
| Q1 25 | 24.0% | -74.0% | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 12.5% | -65.9% | ||
| Q2 24 | 34.5% | — |
| Q1 26 | 23.6% | — | ||
| Q4 25 | 29.5% | — | ||
| Q3 25 | 26.4% | -2.8% | ||
| Q2 25 | 36.1% | -7.8% | ||
| Q1 25 | 23.6% | -4.0% | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 11.9% | -2.0% | ||
| Q2 24 | 34.1% | — |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.67 | — | ||
| Q3 25 | $1.32 | — | ||
| Q2 25 | $1.79 | — | ||
| Q1 25 | $0.77 | — | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $0.74 | — | ||
| Q2 24 | $1.20 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $8.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.8B | — |
| Total Assets | $9.6B | $183.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $955.1M | $8.8M | ||
| Q2 25 | $985.6M | $650.0M | ||
| Q1 25 | $838.5M | $2.4M | ||
| Q4 24 | $996.5M | — | ||
| Q3 24 | $957.4M | $1.9M | ||
| Q2 24 | $1.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | $149.7M | — | ||
| Q3 25 | $149.7M | — | ||
| Q2 25 | $149.7M | — | ||
| Q1 25 | $150.0M | — | ||
| Q4 24 | $149.9M | — | ||
| Q3 24 | $149.9M | — | ||
| Q2 24 | $149.9M | — |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | $-7.2B | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | $9.6B | — | ||
| Q4 25 | $9.6B | — | ||
| Q3 25 | $9.2B | $183.2M | ||
| Q2 25 | $8.9B | $7.2B | ||
| Q1 25 | $8.3B | $158.2M | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $7.8B | $151.8M | ||
| Q2 24 | $7.6B | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.05× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.07× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HG
Segment breakdown not available.
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
