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Side-by-side financial comparison of International General Insurance Holdings Ltd. (IGIC) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

International General Insurance Holdings Ltd. is the larger business by last-quarter revenue ($403.8M vs $284.8M, roughly 1.4× MATTHEWS INTERNATIONAL CORP). International General Insurance Holdings Ltd. runs the higher net margin — 26.0% vs 15.3%, a 10.7% gap on every dollar of revenue.

China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH), is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite being incorporated in Hong Kong. It is considered as a red chip company.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

IGIC vs MATW — Head-to-Head

Bigger by revenue
IGIC
IGIC
1.4× larger
IGIC
$403.8M
$284.8M
MATW
Higher net margin
IGIC
IGIC
10.7% more per $
IGIC
26.0%
15.3%
MATW

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
IGIC
IGIC
MATW
MATW
Revenue
$403.8M
$284.8M
Net Profit
$105.1M
$43.6M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
26.0%
15.3%
Revenue YoY
-29.1%
Net Profit YoY
1356.6%
EPS (diluted)
$2.31
$1.39

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
IGIC
IGIC
MATW
MATW
Q4 25
$284.8M
Q3 25
$403.8M
Q2 25
$261.9M
Q3 24
$369.6M
Q2 24
$265.8M
Q3 23
$293.0M
Net Profit
IGIC
IGIC
MATW
MATW
Q4 25
$43.6M
Q3 25
$105.1M
Q2 25
$61.4M
Q3 24
$-134.4M
Q2 24
$70.7M
Q3 23
$-103.7M
Gross Margin
IGIC
IGIC
MATW
MATW
Q4 25
35.0%
Q3 25
Q2 25
Q3 24
Q2 24
Q3 23
Operating Margin
IGIC
IGIC
MATW
MATW
Q4 25
34.2%
Q3 25
Q2 25
24.2%
Q3 24
Q2 24
-73.3%
Q3 23
Net Margin
IGIC
IGIC
MATW
MATW
Q4 25
15.3%
Q3 25
26.0%
Q2 25
23.5%
Q3 24
-36.4%
Q2 24
26.6%
Q3 23
-35.4%
EPS (diluted)
IGIC
IGIC
MATW
MATW
Q4 25
$1.39
Q3 25
$2.31
Q2 25
$1.36
Q3 24
$1.82
Q2 24
$1.55
Q3 23

Balance Sheet & Financial Strength

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

Metric
IGIC
IGIC
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$244.7M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$654.8M
$543.2M
Total Assets
$2.0B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IGIC
IGIC
MATW
MATW
Q4 25
$31.4M
Q3 25
$244.7M
Q2 25
$164.8M
Q3 24
$219.2M
Q2 24
$237.3M
Q3 23
$122.2M
Total Debt
IGIC
IGIC
MATW
MATW
Q4 25
$529.8M
Q3 25
Q2 25
Q3 24
Q2 24
Q3 23
Stockholders' Equity
IGIC
IGIC
MATW
MATW
Q4 25
$543.2M
Q3 25
$654.8M
Q2 25
$662.3M
Q3 24
$540.5M
Q2 24
$588.2M
Q3 23
$411.0M
Total Assets
IGIC
IGIC
MATW
MATW
Q4 25
$1.6B
Q3 25
$2.0B
Q2 25
$2.1B
Q3 24
$1.8B
Q2 24
$2.0B
Q3 23
$1.6B
Debt / Equity
IGIC
IGIC
MATW
MATW
Q4 25
0.98×
Q3 25
Q2 25
Q3 24
Q2 24
Q3 23

Cash Flow & Capital Efficiency

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

Metric
IGIC
IGIC
MATW
MATW
Operating Cash FlowLast quarter
$-52.0M
Free Cash FlowOCF − Capex
$-57.2M
FCF MarginFCF / Revenue
-20.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IGIC
IGIC
MATW
MATW
Q4 25
$-52.0M
Q3 25
Q2 25
$27.2M
Q3 24
Q2 24
$120.7M
Q3 23
Free Cash Flow
IGIC
IGIC
MATW
MATW
Q4 25
$-57.2M
Q3 25
Q2 25
$26.8M
Q3 24
Q2 24
$119.8M
Q3 23
FCF Margin
IGIC
IGIC
MATW
MATW
Q4 25
-20.1%
Q3 25
Q2 25
10.2%
Q3 24
Q2 24
45.1%
Q3 23
Capex Intensity
IGIC
IGIC
MATW
MATW
Q4 25
1.8%
Q3 25
Q2 25
0.2%
Q3 24
Q2 24
0.3%
Q3 23
Cash Conversion
IGIC
IGIC
MATW
MATW
Q4 25
-1.19×
Q3 25
Q2 25
0.44×
Q3 24
Q2 24
1.71×
Q3 23

Financial Flow Comparison

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

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