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Side-by-side financial comparison of KINGSWAY FINANCIAL SERVICES INC (KFS) and WEYCO GROUP INC (WEYS). Click either name above to swap in a different company.

WEYCO GROUP INC is the larger business by last-quarter revenue ($76.8M vs $38.6M, roughly 2.0× KINGSWAY FINANCIAL SERVICES INC). WEYCO GROUP INC runs the higher net margin — 11.3% vs -4.1%, a 15.4% gap on every dollar of revenue. On growth, KINGSWAY FINANCIAL SERVICES INC posted the faster year-over-year revenue change (30.1% vs -4.6%). Over the past eight quarters, KINGSWAY FINANCIAL SERVICES INC's revenue compounded faster (21.4% CAGR vs 3.6%).

Kingsway Financial Services Inc. is a specialty financial holding firm that primarily offers property and casualty insurance products, including personal auto, commercial liability and property coverage. It operates mainly across North American markets, catering to individual consumers, small business owners and niche commercial client segments.

Weyco Group is an American footwear company that designs, markets and distributes brand names including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi. The company, which focuses on North American wholesale and retail distribution, has been assembled by a series of acquisitions.

KFS vs WEYS — Head-to-Head

Bigger by revenue
WEYS
WEYS
2.0× larger
WEYS
$76.8M
$38.6M
KFS
Growing faster (revenue YoY)
KFS
KFS
+34.6% gap
KFS
30.1%
-4.6%
WEYS
Higher net margin
WEYS
WEYS
15.4% more per $
WEYS
11.3%
-4.1%
KFS
Faster 2-yr revenue CAGR
KFS
KFS
Annualised
KFS
21.4%
3.6%
WEYS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KFS
KFS
WEYS
WEYS
Revenue
$38.6M
$76.8M
Net Profit
$-1.6M
$8.7M
Gross Margin
44.1%
Operating Margin
0.8%
13.3%
Net Margin
-4.1%
11.3%
Revenue YoY
30.1%
-4.6%
Net Profit YoY
-7.8%
-13.1%
EPS (diluted)
$-0.07
$0.91

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
KFS
KFS
WEYS
WEYS
Q4 25
$38.6M
$76.8M
Q3 25
$37.2M
$73.1M
Q2 25
$30.9M
$58.2M
Q1 25
$28.3M
$68.0M
Q4 24
$29.6M
$80.5M
Q3 24
$27.1M
$74.3M
Q2 24
$26.4M
$63.9M
Q1 24
$26.2M
$71.6M
Net Profit
KFS
KFS
WEYS
WEYS
Q4 25
$-1.6M
$8.7M
Q3 25
$-2.4M
$6.6M
Q2 25
$-3.2M
$2.3M
Q1 25
$-3.1M
$5.5M
Q4 24
$-1.5M
$10.0M
Q3 24
$-2.3M
$8.1M
Q2 24
$-2.2M
$5.6M
Q1 24
$-2.3M
$6.7M
Gross Margin
KFS
KFS
WEYS
WEYS
Q4 25
44.1%
Q3 25
40.7%
Q2 25
43.3%
Q1 25
44.6%
Q4 24
47.9%
Q3 24
44.3%
Q2 24
43.9%
Q1 24
44.7%
Operating Margin
KFS
KFS
WEYS
WEYS
Q4 25
0.8%
13.3%
Q3 25
-2.3%
11.0%
Q2 25
-3.6%
6.7%
Q1 25
-2.5%
10.3%
Q4 24
6.5%
14.3%
Q3 24
-2.5%
13.7%
Q2 24
0.5%
10.4%
Q1 24
2.9%
11.5%
Net Margin
KFS
KFS
WEYS
WEYS
Q4 25
-4.1%
11.3%
Q3 25
-6.5%
9.0%
Q2 25
-10.2%
3.9%
Q1 25
-10.9%
8.1%
Q4 24
-5.0%
12.4%
Q3 24
-8.5%
10.8%
Q2 24
-8.3%
8.8%
Q1 24
-8.9%
9.3%
EPS (diluted)
KFS
KFS
WEYS
WEYS
Q4 25
$-0.07
$0.91
Q3 25
$-0.10
$0.69
Q2 25
$-0.13
$0.24
Q1 25
$-0.13
$0.57
Q4 24
$-0.08
$1.04
Q3 24
$-0.10
$0.84
Q2 24
$-0.08
$0.59
Q1 24
$-0.09
$0.69

Balance Sheet & Financial Strength

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

Metric
KFS
KFS
WEYS
WEYS
Cash + ST InvestmentsLiquidity on hand
$8.5M
$96.0M
Total DebtLower is stronger
$70.7M
Stockholders' EquityBook value
$15.2M
$239.6M
Total Assets
$231.5M
$319.7M
Debt / EquityLower = less leverage
4.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KFS
KFS
WEYS
WEYS
Q4 25
$8.5M
$96.0M
Q3 25
$9.5M
$72.9M
Q2 25
$12.3M
$77.4M
Q1 25
$6.5M
$71.5M
Q4 24
$5.7M
$71.0M
Q3 24
$6.7M
$75.5M
Q2 24
$9.8M
$78.4M
Q1 24
$12.3M
$78.3M
Total Debt
KFS
KFS
WEYS
WEYS
Q4 25
$70.7M
Q3 25
$70.7M
Q2 25
$58.3M
Q1 25
$59.5M
Q4 24
$57.5M
Q3 24
$58.5M
Q2 24
$47.3M
Q1 24
$47.1M
Stockholders' Equity
KFS
KFS
WEYS
WEYS
Q4 25
$15.2M
$239.6M
Q3 25
$16.6M
$251.3M
Q2 25
$17.4M
$248.1M
Q1 25
$5.5M
$248.6M
Q4 24
$8.4M
$245.6M
Q3 24
$9.9M
$258.1M
Q2 24
$20.7M
$251.2M
Q1 24
$23.6M
$248.1M
Total Assets
KFS
KFS
WEYS
WEYS
Q4 25
$231.5M
$319.7M
Q3 25
$235.1M
$304.0M
Q2 25
$207.7M
$300.9M
Q1 25
$192.1M
$299.3M
Q4 24
$186.6M
$324.1M
Q3 24
$191.1M
$314.7M
Q2 24
$192.3M
$303.8M
Q1 24
$198.0M
$303.3M
Debt / Equity
KFS
KFS
WEYS
WEYS
Q4 25
4.66×
Q3 25
4.25×
Q2 25
3.34×
Q1 25
10.91×
Q4 24
6.84×
Q3 24
5.88×
Q2 24
2.29×
Q1 24
2.00×

Cash Flow & Capital Efficiency

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

Metric
KFS
KFS
WEYS
WEYS
Operating Cash FlowLast quarter
$-3.0K
$24.0M
Free Cash FlowOCF − Capex
$23.1M
FCF MarginFCF / Revenue
30.1%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$35.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KFS
KFS
WEYS
WEYS
Q4 25
$-3.0K
$24.0M
Q3 25
$1.5M
$-1.1M
Q2 25
$337.0K
$10.2M
Q1 25
$-1.8M
$4.1M
Q4 24
$1.1M
$20.4M
Q3 24
$368.0K
$-374.0K
Q2 24
$557.0K
$3.3M
Q1 24
$249.0K
$14.3M
Free Cash Flow
KFS
KFS
WEYS
WEYS
Q4 25
$23.1M
Q3 25
$1.3M
$-1.3M
Q2 25
$10.0M
Q1 25
$3.7M
Q4 24
$19.9M
Q3 24
$-930.0K
Q2 24
$3.2M
Q1 24
$14.2M
FCF Margin
KFS
KFS
WEYS
WEYS
Q4 25
30.1%
Q3 25
3.4%
-1.8%
Q2 25
17.1%
Q1 25
5.5%
Q4 24
24.8%
Q3 24
-1.3%
Q2 24
4.9%
Q1 24
19.8%
Capex Intensity
KFS
KFS
WEYS
WEYS
Q4 25
1.1%
Q3 25
0.5%
0.3%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
0.6%
Q3 24
0.0%
0.7%
Q2 24
0.3%
Q1 24
0.2%
Cash Conversion
KFS
KFS
WEYS
WEYS
Q4 25
2.76×
Q3 25
-0.17×
Q2 25
4.53×
Q1 25
0.74×
Q4 24
2.04×
Q3 24
-0.05×
Q2 24
0.59×
Q1 24
2.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KFS
KFS

Other$14.8M38%
Roundhouse Electric Equipment Co Inc$9.7M25%
MLC Plumbing LLC$5.7M15%
Systems Products International Incspi$3.8M10%
Advanced Plumbing And Drain$2.9M8%
Southside Plumbing$1.7M4%

WEYS
WEYS

Wholesale$56.7M74%
Retail Segment$13.3M17%
Other$6.8M9%

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