1.Sales and profit
See section β- Donegal Group Inc had $978M of revenue in fiscal 2025, down 1.2% on the year before. Over five years, revenue changed +4.7% a year on average.
- Donegal Group Inc made $79.3M of net profit in fiscal 2025.
Donegal Group Inc
DGICA Nasdaq Fire, Marine & Casualty Insurance Financials FY2016βFY2025
Donegal Group Inc had $978M of revenue in fiscal 2025, down 1.2% on the year before. Over five years, revenue changed +4.7% a year on average.
Last close Β· Oct 23, 2026
$18.82
2.1%KIRAβs summary AI analyst
Hi! I read Donegal Group Incβs latest annual report (fiscal 2025). Here is what stands out:
1 strength 1 to watch
2.Cash and shareholders
See section β- Donegal Group Inc returned $25.7M to shareholders in fiscal 2025.
- In the last 12 months, insiders bought $14.2M and sold $3.5M of shares on the open market.
Donegal Group Inc in 30 seconds
Good So-so Weak
Weak
Are sales growing?
β1.2%
No. Sales fell 1.2% last year.
So-so
Does it make a profit?
8.1%
A little. It keeps 8.1% of every sale as profit.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
β
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA Β· Donegal Group Inc had $978M of revenue in fiscal 2025, down 1.2% on the year before. Over five years, revenue changed +4.7% a year on average.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
FY16
Revenue $688M
FY17
Revenue $739M
FY18
Revenue $772M
FY19
Revenue $812M
FY20
Revenue $778M
FY21
Revenue $816M
FY22
Revenue $848M
FY23
Revenue $927M
FY24
Revenue $990M
FY25
Revenue $978M
Revenue
Q3 '23
Revenue $234M
Q4 '23
Revenue $239M
Q1 '24
Revenue $241M
Q2 '24
Revenue $247M
Q3 '24
Revenue $252M
Q4 '24
Revenue $250M
Q1 '25
Revenue $245M
Q2 '25
Revenue $247M
Q3 '25
Revenue $246M
Q4 '25
Revenue $240M
Q1 '26
Revenue $236M
Q2 '26
Revenue $241M
Margins, % of revenue
FY16
Gross β
Operating β
Net 4.5%
FCF β
FY17
Gross β
Operating β
Net 1.0%
FCF β
FY18
Gross β
Operating β
Net β4.2%
FCF β
FY19
Gross β
Operating β
Net 5.8%
FCF β
FY20
Gross β
Operating β
Net 6.8%
FCF β
FY21
Gross β
Operating β
Net 3.1%
FCF β
FY22
Gross β
Operating β
Net β0.2%
FCF β
FY23
Gross β
Operating β
Net 0.5%
FCF β
FY24
Gross β
Operating β
Net 5.1%
FCF β
FY25
Gross β
Operating β
Net 8.1%
FCF β
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '23
Gross β
Operating β
Net β0.3%
FCF β
Q4 '23
Gross β
Operating β
Net β0.8%
FCF β
Q1 '24
Gross β
Operating β
Net 2.5%
FCF β
Q2 '24
Gross β
Operating β
Net 1.7%
FCF β
Q3 '24
Gross β
Operating β
Net 6.7%
FCF β
Q4 '24
Gross β
Operating β
Net 9.6%
FCF β
Q1 '25
Gross β
Operating β
Net 10.3%
FCF β
Q2 '25
Gross β
Operating β
Net 6.8%
FCF β
Q3 '25
Gross β
Operating β
Net 8.2%
FCF β
Q4 '25
Gross β
Operating β
Net 7.2%
FCF β
Q1 '26
Gross β
Operating β
Net 4.9%
FCF β
Q2 '26
Gross β
Operating β
Net 9.3%
FCF β
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Donegal Group Inc made $79.3M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
FY16
Net income $30.8M
FY17
Net income $7.1M
FY18
Net income β$32.8M
FY19
Net income $47.2M
FY20
Net income $52.8M
FY21
Net income $25.3M
FY22
Net income β$2.0M
FY23
Net income $4.4M
FY24
Net income $50.9M
FY25
Net income $79.3M
Net income
Q3 '23
Net income β$0.8M
Q4 '23
Net income β$2.0M
Q1 '24
Net income $6.0M
Q2 '24
Net income $4.2M
Q3 '24
Net income $16.8M
Q4 '24
Net income $24.0M
Q1 '25
Net income $25.2M
Q2 '25
Net income $16.9M
Q3 '25
Net income $20.1M
Q4 '25
Net income $17.2M
Q1 '26
Net income $11.5M
Q2 '26
Net income $22.3M
Diluted EPS
FY16
Diluted EPS β
FY17
Diluted EPS β
FY18
Diluted EPS β
FY19
Diluted EPS β
FY20
Diluted EPS β
FY21
Diluted EPS β
FY22
Diluted EPS β
FY23
Diluted EPS β
FY24
Diluted EPS β
FY25
Diluted EPS β
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
FY16
Free cash flow β
FY17
Free cash flow β
FY18
Free cash flow β
FY19
Free cash flow β
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
Cash from operations vs capital spending
FY16
Cash from operations $60.0M
Capital spending β
FY17
Cash from operations $81.0M
Capital spending β
FY18
Cash from operations $63.8M
Capital spending β
FY19
Cash from operations $76.4M
Capital spending β
FY20
Cash from operations $101M
Capital spending β
FY21
Cash from operations $76.7M
Capital spending β
FY22
Cash from operations $67.1M
Capital spending β
FY23
Cash from operations $28.6M
Capital spending β
FY24
Cash from operations $67.4M
Capital spending β
FY25
Cash from operations $70.2M
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '23
Cash from operations $13.0M
Capital spending β
Q4 '23
Cash from operations $2.6M
Capital spending β
Q1 '24
Cash from operations $4.8M
Capital spending β
Q2 '24
Cash from operations $21.7M
Capital spending β
Q3 '24
Cash from operations $12.7M
Capital spending β
Q4 '24
Cash from operations $28.2M
Capital spending β
Q1 '25
Cash from operations $25.7M
Capital spending β
Q2 '25
Cash from operations $12.1M
Capital spending β
Q3 '25
Cash from operations $22.4M
Capital spending β
Q4 '25
Cash from operations $10.0M
Capital spending β
Q1 '26
Cash from operations $20.2M
Capital spending β
Q2 '26
Cash from operations $5.9M
Capital spending β
Cash from operations
Capital spending
Dividends, buybacks and share count
KIRA Β· Donegal Group Inc returned $25.7M to shareholders in fiscal 2025.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
FY16
Dividends $14.1M
Buybacks β
FY17
Dividends $14.8M
Buybacks β
FY18
Dividends $15.7M
Buybacks β
FY19
Dividends $16.1M
Buybacks β
FY20
Dividends $17.0M
Buybacks β
FY21
Dividends $19.1M
Buybacks β
FY22
Dividends $20.5M
Buybacks β
FY23
Dividends $21.9M
Buybacks β
FY24
Dividends $22.7M
Buybacks β
FY25
Dividends $25.7M
Buybacks β
Dividends
Buybacks
Dividends and buybacks
Q3 '23
Dividends $5.5M
Buybacks β
Q4 '23
Dividends $5.6M
Buybacks β
Q1 '24
Dividends $5.6M
Buybacks β
Q2 '24
Dividends $5.7M
Buybacks β
Q3 '24
Dividends $5.7M
Buybacks β
Q4 '24
Dividends $5.8M
Buybacks β
Q1 '25
Dividends $6.0M
Buybacks β
Q2 '25
Dividends $6.5M
Buybacks β
Q3 '25
Dividends $6.6M
Buybacks β
Q4 '25
Dividends $6.6M
Buybacks β
Q1 '26
Dividends $6.7M
Buybacks β
Q2 '26
Dividends $7.0M
Buybacks β
Dividends
Buybacks
Diluted shares outstanding (annual)
FY16
Diluted shares β
FY17
Diluted shares β
FY18
Diluted shares β
FY19
Diluted shares β
FY20
Diluted shares β
FY21
Diluted shares β
FY22
Diluted shares β
FY23
Diluted shares β
FY24
Diluted shares β
FY25
Diluted shares β
Insider trades
KIRA Β· In the last 12 months, insiders bought $14.2M and sold $3.5M of shares on the open market.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$14.2M
1 insider
Sold, 12 months
$3.5M
17 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Kevin Gerard BurkePresident & Chief Exec Officer, Director | Sold | 24,000 | $19.23 | $0.5M | Form 4 |
| Sep 11, 2026 | Jeffrey Dean MillerEVP & Chief Financial Officer | Sold | 21,000 | $19.23 | $0.4M | Form 4 |
| Sep 11, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 54,725 | $19.23 | $1.1M | Form 4 |
| Sep 10, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.13 | $0.2M | Form 4 |
| Sep 9, 2026 | David Benjamin BawelSVP & Chief Accounting Officer | Sold | 8,326 | $19.28 | $0.2M | Form 4 |
| Sep 9, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 13,469 | $19.13 | $0.3M | Form 4 |
| Sep 8, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.14 | $0.2M | Form 4 |
| Sep 4, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 6,368 | $19.39 | $0.1M | Form 4 |
| Sep 3, 2026 | Barry Craig HuberDirector | Sold | 4,500 | $19.43 | $0.1M | Form 4 |
| Sep 3, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,595 | $19.53 | $0.2M | Form 4 |
| Sep 3, 2026 | Vincent Anthony ViozziSr. VP & Chief Inv Officer | Sold | 2,282 | $19.50 | $0.0M | Form 4 |
| Sep 2, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.43 | $0.2M | Form 4 |
| Sep 1, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,257 | $19.17 | $0.2M | Form 4 |
| Aug 31, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.18 | $0.2M | Form 4 |
| Aug 28, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.19 | $0.2M | Form 4 |
| Aug 27, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $18.95 | $0.2M | Form 4 |
| Aug 26, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,508 | $19.11 | $0.2M | Form 4 |
| Aug 25, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.00 | $0.2M | Form 4 |
| Aug 24, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $19.06 | $0.2M | Form 4 |
| Aug 21, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $18.68 | $0.2M | Form 4 |
| Aug 20, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,815 | $18.66 | $0.2M | Form 4 |
| Aug 19, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,700 | $18.61 | $0.2M | Form 4 |
| Aug 18, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $18.60 | $0.2M | Form 4 |
| Aug 17, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $18.52 | $0.2M | Form 4 |
| Aug 6, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 18,000 | $19.67 | $0.4M | Form 4 |
| Aug 6, 2026 | Christina Marie HoffmanSr. VP & Chief Risk Officer | Sold | 18,000 | $19.67 | $0.4M | Form 4 |
| Aug 4, 2026 | David Charles KingDirector | Sold | 9,000 | $19.33 | $0.2M | Form 4 |
| Aug 4, 2026 | Noland Rone Deas JrSenior Vice President | Sold | 24,000 | $19.47 | $0.5M | Form 4 |
| Aug 4, 2026 | Dennis Joseph BixenmanDirector | Sold | 11,250 | $19.26 | $0.2M | Form 4 |
| Jun 12, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,682 | $17.62 | $0.2M | Form 4 |
| Jun 11, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,900 | $17.56 | $0.2M | Form 4 |
| Jun 3, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 10,000 | $16.62 | $0.2M | Form 4 |
| Jun 2, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.03 | $0.1M | Form 4 |
| Jun 1, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.76 | $0.1M | Form 4 |
| May 29, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.10 | $0.1M | Form 4 |
| May 28, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.98 | $0.1M | Form 4 |
| May 27, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.15 | $0.1M | Form 4 |
| May 26, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.33 | $0.1M | Form 4 |
| May 22, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.40 | $0.1M | Form 4 |
| May 21, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.48 | $0.1M | Form 4 |
| May 20, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.43 | $0.1M | Form 4 |
| May 19, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,328 | $17.48 | $0.1M | Form 4 |
| May 18, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.33 | $0.1M | Form 4 |
| May 15, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.16 | $0.1M | Form 4 |
| May 14, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.16 | $0.1M | Form 4 |
| May 13, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.86 | $0.1M | Form 4 |
| May 12, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.98 | $0.1M | Form 4 |
| May 11, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.18 | $0.1M | Form 4 |
| May 8, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,077 | $17.13 | $0.1M | Form 4 |
| May 7, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $17.06 | $0.1M | Form 4 |
| May 6, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.65 | $0.1M | Form 4 |
| May 5, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 8,500 | $16.50 | $0.1M | Form 4 |
| Mar 3, 2026 | William Daniel DelamaterEVP & Chief Oper Officer | Sold | 9,000 | $17.63 | $0.2M | Form 4 |
| Mar 3, 2026 | Donegal Mutual Insurance Co10% owner | Bought | 9,000 | $17.63 | $0.2M | Form 4 |
| Dec 11, 2025 | David Benjamin BawelSVP & Chief Accounting Officer | Sold | 674 | $20.39 | $0.0M | Form 4 |
| Dec 10, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 22,819 | $20.05 | $0.5M | Form 4 |
| Dec 9, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 28,000 | $19.81 | $0.6M | Form 4 |
| Dec 8, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 27,524 | $19.53 | $0.5M | Form 4 |
| Dec 2, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 15,000 | $19.95 | $0.3M | Form 4 |
| Dec 1, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 15,000 | $20.21 | $0.3M | Form 4 |
| Dec 1, 2025 | Kristi Spencer AltshulerSr. Vice President | Sold | 12,000 | $20.25 | $0.2M | Form 4 |
| Nov 26, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 5,000 | $20.25 | $0.1M | Form 4 |
| Nov 25, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $20.18 | $0.2M | Form 4 |
| Nov 25, 2025 | Kevin Michael Kraft SrDirector | Sold | 4,500 | $20.02 | $0.1M | Form 4 |
| Nov 24, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.77 | $0.2M | Form 4 |
| Nov 21, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 51,404 | $17.86 | $0.9M | Form 4 |
| Nov 20, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.49 | $0.2M | Form 4 |
| Nov 19, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 7,587 | $19.62 | $0.1M | Form 4 |
| Nov 18, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 7,104 | $19.84 | $0.1M | Form 4 |
| Nov 17, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.91 | $0.2M | Form 4 |
| Nov 14, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.92 | $0.2M | Form 4 |
| Nov 13, 2025 | Sewell Trezevant Moore JrDirector | Sold | 4,500 | $19.70 | $0.1M | Form 4 |
| Nov 13, 2025 | Rick Joseph HeckerSVP & General Counsel | Sold | 900 | $19.74 | $0.0M | Form 4 |
| Nov 13, 2025 | Daniel J WagnerSr. VP & Treasurer | Sold | 9,617 | $19.76 | $0.2M | Form 4 |
| Nov 13, 2025 | Annette Brookens SzadyDirector | Sold | 4,500 | $19.73 | $0.1M | Form 4 |
| Nov 13, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 29,000 | $19.53 | $0.6M | Form 4 |
| Nov 12, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 6,794 | $19.74 | $0.1M | Form 4 |
| Nov 12, 2025 | Daniel J WagnerSr. VP & Treasurer | Sold | 8,383 | $19.77 | $0.2M | Form 4 |
| Nov 11, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 7,297 | $19.66 | $0.1M | Form 4 |
| Nov 10, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.36 | $0.2M | Form 4 |
| Nov 7, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.21 | $0.2M | Form 4 |
| Nov 6, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.13 | $0.2M | Form 4 |
| Nov 5, 2025 | Jon Marshall MahanDirector | Sold | 4,500 | $19.07 | $0.1M | Form 4 |
| Nov 5, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $19.11 | $0.2M | Form 4 |
| Nov 4, 2025 | Donegal Mutual Insurance Co10% owner | Bought | 8,000 | $18.71 | $0.1M | Form 4 |
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably Donegal Group Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
FY16
Cash $34.0M
Debt β
FY17
Cash $48.9M
Debt β
FY18
Cash $69.3M
Debt β
FY19
Cash $63.3M
Debt β
FY20
Cash $124M
Debt β
FY21
Cash $57.7M
Debt β
FY22
Cash $25.1M
Debt β
FY23
Cash $23.8M
Debt β
FY24
Cash $52.9M
Debt β
FY25
Cash $26.8M
Debt β
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $57.7M | $25.1M | $23.8M | $52.9M | $26.8M |
| Total assets | $2.3B | $2.2B | $2.3B | $2.3B | $2.4B |
| Total liabilities | $1.7B | $1.8B | $1.8B | $1.8B | $1.7B |
| Shareholders' equity | $531M | $484M | $480M | $546M | $640M |
| Net debt (β = net cash) | β | β | β | β | β |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
FY16
Return on capital β
Return on equity 7.0%
Return on assets 1.9%
FY17
Return on capital β
Return on equity 1.6%
Return on assets 0.4%
FY18
Return on capital β
Return on equity β7.7%
Return on assets β1.8%
FY19
Return on capital β
Return on equity 11.1%
Return on assets 2.5%
FY20
Return on capital β
Return on equity 10.9%
Return on assets 2.6%
FY21
Return on capital β
Return on equity 4.8%
Return on assets 1.1%
FY22
Return on capital β
Return on equity β0.4%
Return on assets β0.1%
FY23
Return on capital β
Return on equity 0.9%
Return on assets 0.2%
FY24
Return on capital β
Return on equity 9.9%
Return on assets 2.2%
FY25
Return on capital β
Return on equity 13.4%
Return on assets 3.4%
Return on capital
Return on equity
Return on assets
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | β / 5 | β / 5 | β / 5 | β / 5 | β / 5 | β / 5 | β / 5 | β / 5 |
| Accruals ratio | β1.8% | β4.4% | β5.4% | β1.6% | β2.4% | β2.3% | β3.1% | β1.1% | β0.7% | 0.4% |
| Altman Z'' | β | β | β | β | β | β | β | β | β | β |
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $688M | $739M | $772M | $812M | $778M | $816M | $848M | $927M | $990M | $978M |
| Interest expense | $1.7M | $1.6M | $2.3M | $1.6M | $1.2M | $0.9M | $0.6M | $0.6M | $0.9M | $1.4M |
| Pretax income | $41.3M | $12.1M | β$48.2M | $57.1M | $63.3M | $30.3M | β$3.6M | $5.1M | $62.3M | $97.6M |
| Income tax | $10.5M | $5.0M | β$15.5M | $9.9M | $10.5M | $5.1M | β$1.7M | $0.6M | $11.5M | $18.3M |
| Net income | $30.8M | $7.1M | β$32.8M | $47.2M | $52.8M | $25.3M | β$2.0M | $4.4M | $50.9M | $79.3M |
| Cash flow | ||||||||||
| Cash from operations | $60.0M | $81.0M | $63.8M | $76.4M | $101M | $76.7M | $67.1M | $28.6M | $67.4M | $70.2M |
| Depreciation and amortization | $6.6M | $6.1M | $6.6M | $5.6M | $6.7M | $5.8M | $4.8M | $4.3M | $3.9M | $3.1M |
| Stock-based compensation | $2.5M | $2.0M | $1.7M | $1.4M | $1.1M | $1.0M | $0.8M | $0.9M | $1.0M | $1.0M |
| Dividends paid | $14.1M | $14.8M | $15.7M | $16.1M | $17.0M | $19.1M | $20.5M | $21.9M | $22.7M | $25.7M |
| Dividends and buybacks | $14.1M | $14.8M | $15.7M | $16.1M | $17.0M | $19.1M | $20.5M | $21.9M | $22.7M | $25.7M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $34.0M | $48.9M | $69.3M | $63.3M | $124M | $57.7M | $25.1M | $23.8M | $52.9M | $26.8M |
| Property and equipment, net | $6.7M | $7.3M | $4.7M | $4.6M | $4.4M | $3.0M | $2.8M | $2.6M | $2.5M | $2.3M |
| Goodwill | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M | $5.6M |
| Intangible assets | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Total assets | $1.6B | $1.7B | $1.8B | $1.9B | $2.2B | $2.3B | $2.2B | $2.3B | $2.3B | $2.4B |
| Total liabilities | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B | $1.8B | $1.7B |
| Preferred stock | β | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $439M | $449M | $399M | $451M | $518M | $531M | $484M | $480M | $546M | $640M |
| Margins | ||||||||||
| Net margin | 4.5% | 1.0% | β4.2% | 5.8% | 6.8% | 3.1% | β0.2% | 0.5% | 5.1% | 8.1% |
| Returns | ||||||||||
| Return on equity | 7.0% | 1.6% | β7.7% | 11.1% | 10.9% | 4.8% | β0.4% | 0.9% | 9.9% | 13.4% |
| Return on assets | 1.9% | 0.4% | β1.8% | 2.5% | 2.6% | 1.1% | β0.1% | 0.2% | 2.2% | 3.4% |
| Return on tangible equity | 7.1% | 1.6% | β8.4% | 10.6% | 10.3% | 4.8% | β0.4% | 0.9% | 9.4% | 12.5% |
| Growth | ||||||||||
| Revenue growth | β | 7.4% | 4.4% | 5.3% | β4.3% | 5.0% | 3.9% | 9.3% | 6.7% | β1.2% |
| Net income growth | β | β76.9% | β560.4% | β | 12.0% | β52.2% | β107.8% | β | 1,049.3% | 56.0% |
| Capital allocation | ||||||||||
| Stock comp / revenue | 0.4% | 0.3% | 0.2% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Quality scores | ||||||||||
| Accruals ratio | β1.8% | β4.4% | β5.4% | β1.6% | β2.4% | β2.3% | β3.1% | β1.1% | β0.7% | 0.4% |
Source: SEC EDGAR XBRL filings (CIK 0000800457). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.