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Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.

James River Group Holdings, Inc. is the larger business by last-quarter revenue ($167.7M vs $105.1M, roughly 1.6× OLAPLEX HOLDINGS, INC.). James River Group Holdings, Inc. runs the higher net margin — 19.1% vs -12.5%, a 31.6% gap on every dollar of revenue. On growth, James River Group Holdings, Inc. posted the faster year-over-year revenue change (32.4% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $-23.6M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -8.7%).

James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

JRVR vs OLPX — Head-to-Head

Bigger by revenue
JRVR
JRVR
1.6× larger
JRVR
$167.7M
$105.1M
OLPX
Growing faster (revenue YoY)
JRVR
JRVR
+28.0% gap
JRVR
32.4%
4.3%
OLPX
Higher net margin
JRVR
JRVR
31.6% more per $
JRVR
19.1%
-12.5%
OLPX
More free cash flow
OLPX
OLPX
$56.1M more FCF
OLPX
$32.6M
$-23.6M
JRVR
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-8.7%
JRVR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JRVR
JRVR
OLPX
OLPX
Revenue
$167.7M
$105.1M
Net Profit
$32.1M
$-13.1M
Gross Margin
68.0%
Operating Margin
14.6%
-4.3%
Net Margin
19.1%
-12.5%
Revenue YoY
32.4%
4.3%
Net Profit YoY
149.5%
-48.9%
EPS (diluted)
$0.59
$-0.02

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
JRVR
JRVR
OLPX
OLPX
Q4 25
$167.7M
$105.1M
Q3 25
$172.7M
$114.6M
Q2 25
$174.8M
$106.3M
Q1 25
$172.3M
$97.0M
Q4 24
$126.7M
$100.7M
Q3 24
$191.5M
$119.1M
Q2 24
$188.3M
$103.9M
Q1 24
$201.1M
$98.9M
Net Profit
JRVR
JRVR
OLPX
OLPX
Q4 25
$32.1M
$-13.1M
Q3 25
$1.0M
$11.1M
Q2 25
$4.8M
$-7.7M
Q1 25
$9.6M
$465.0K
Q4 24
$-64.8M
$-8.8M
Q3 24
$-39.4M
$14.8M
Q2 24
$7.6M
$5.8M
Q1 24
$15.4M
$7.7M
Gross Margin
JRVR
JRVR
OLPX
OLPX
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Q1 24
72.1%
Operating Margin
JRVR
JRVR
OLPX
OLPX
Q4 25
14.6%
-4.3%
Q3 25
1.5%
3.7%
Q2 25
4.2%
-1.1%
Q1 25
9.3%
8.7%
Q4 24
-57.0%
3.0%
Q3 24
-27.1%
23.5%
Q2 24
10.7%
15.7%
Q1 24
16.4%
19.8%
Net Margin
JRVR
JRVR
OLPX
OLPX
Q4 25
19.1%
-12.5%
Q3 25
0.6%
9.7%
Q2 25
2.7%
-7.3%
Q1 25
5.6%
0.5%
Q4 24
-51.1%
-8.7%
Q3 24
-20.6%
12.4%
Q2 24
4.0%
5.6%
Q1 24
7.7%
7.8%
EPS (diluted)
JRVR
JRVR
OLPX
OLPX
Q4 25
$0.59
$-0.02
Q3 25
$-0.02
$0.02
Q2 25
$0.06
$-0.01
Q1 25
$0.16
$0.00
Q4 24
$-2.44
$-0.01
Q3 24
$-1.10
$0.02
Q2 24
$0.13
$0.01
Q1 24
$0.35
$0.01

Balance Sheet & Financial Strength

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

Metric
JRVR
JRVR
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$260.9M
$318.7M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$538.2M
$879.4M
Total Assets
$4.9B
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRVR
JRVR
OLPX
OLPX
Q4 25
$260.9M
$318.7M
Q3 25
$238.8M
$286.4M
Q2 25
$220.0M
$289.3M
Q1 25
$279.4M
$580.9M
Q4 24
$362.3M
$586.0M
Q3 24
$359.8M
$538.8M
Q2 24
$672.5M
$507.9M
Q1 24
$305.5M
$507.5M
Total Debt
JRVR
JRVR
OLPX
OLPX
Q4 25
$352.3M
Q3 25
$352.1M
Q2 25
$351.9M
Q1 25
$649.1M
Q4 24
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Q1 24
$654.4M
Stockholders' Equity
JRVR
JRVR
OLPX
OLPX
Q4 25
$538.2M
$879.4M
Q3 25
$503.6M
$888.7M
Q2 25
$492.6M
$874.2M
Q1 25
$484.5M
$878.3M
Q4 24
$460.9M
$874.4M
Q3 24
$530.3M
$879.7M
Q2 24
$541.8M
$863.3M
Q1 24
$539.5M
$855.7M
Total Assets
JRVR
JRVR
OLPX
OLPX
Q4 25
$4.9B
$1.5B
Q3 25
$5.0B
$1.5B
Q2 25
$5.0B
$1.5B
Q1 25
$4.9B
$1.8B
Q4 24
$5.0B
$1.8B
Q3 24
$5.0B
$1.8B
Q2 24
$4.7B
$1.8B
Q1 24
$5.3B
$1.8B
Debt / Equity
JRVR
JRVR
OLPX
OLPX
Q4 25
0.40×
Q3 25
0.40×
Q2 25
0.40×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.76×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
JRVR
JRVR
OLPX
OLPX
Operating Cash FlowLast quarter
$-18.8M
$32.7M
Free Cash FlowOCF − Capex
$-23.6M
$32.6M
FCF MarginFCF / Revenue
-14.1%
31.0%
Capex IntensityCapex / Revenue
2.9%
0.1%
Cash ConversionOCF / Net Profit
-0.59×
TTM Free Cash FlowTrailing 4 quarters
$-17.9M
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRVR
JRVR
OLPX
OLPX
Q4 25
$-18.8M
$32.7M
Q3 25
$34.3M
$8.0M
Q2 25
$25.2M
$20.9M
Q1 25
$-51.5M
$-2.9M
Q4 24
$-247.1M
$49.7M
Q3 24
$-269.9M
$33.5M
Q2 24
$-8.7M
$16.2M
Q1 24
$24.1M
$43.7M
Free Cash Flow
JRVR
JRVR
OLPX
OLPX
Q4 25
$-23.6M
$32.6M
Q3 25
$33.7M
$7.9M
Q2 25
$24.7M
$20.8M
Q1 25
$-52.7M
$-3.0M
Q4 24
$-252.0M
$49.2M
Q3 24
$-270.8M
$33.3M
Q2 24
$-9.3M
$16.1M
Q1 24
$23.3M
$43.3M
FCF Margin
JRVR
JRVR
OLPX
OLPX
Q4 25
-14.1%
31.0%
Q3 25
19.5%
6.9%
Q2 25
14.1%
19.6%
Q1 25
-30.6%
-3.1%
Q4 24
-198.9%
48.9%
Q3 24
-141.4%
28.0%
Q2 24
-4.9%
15.5%
Q1 24
11.6%
43.7%
Capex Intensity
JRVR
JRVR
OLPX
OLPX
Q4 25
2.9%
0.1%
Q3 25
0.4%
0.1%
Q2 25
0.3%
0.1%
Q1 25
0.7%
0.0%
Q4 24
3.9%
0.4%
Q3 24
0.4%
0.1%
Q2 24
0.3%
0.1%
Q1 24
0.4%
0.5%
Cash Conversion
JRVR
JRVR
OLPX
OLPX
Q4 25
-0.59×
Q3 25
33.61×
0.72×
Q2 25
5.29×
Q1 25
-5.38×
-6.27×
Q4 24
Q3 24
2.26×
Q2 24
-1.14×
2.81×
Q1 24
1.56×
5.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JRVR
JRVR

Excess And Surplus Lines$156.7M93%
Specialty Admitted Insurance$10.9M7%

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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