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MARKETS / NASDAQ / DGICA
NASDAQ · FIRE, MARINE & CASUALTY INSURANCE · MID CAP

Donegal Group Inc. DGICA

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$978.0M
▼ 1.2% YoY
$79.3M
▲ 56.0% YoY
In brief

What this company does

At December 31, 2025, it had three segments: its investment function, its commercial lines of insurance and its personal lines of insurance. The commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril and workers' compensation policies. The personal lines products of its insurance subsidiaries consist primarily of homeowners and private passenger automobile policies. At December 31, 2025, 96.4% of all debt securities its insurance subsidiaries held had an investment-grade rating. The annual net premiums earned of its insurance subsidiaries increased from $301.5 million in 2006 to $921.2 million in 2025, a compound annual growth rate of 6.1%. Donegal Mutual Insurance Company organized Donegal Group as an insurance holding company on August 26, 1986.

Written from the business description in DONEGAL GROUP INC's annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.

Growth
USD 978.0M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 978.0 · Net income 79.3
400M800M200920112013201520172019202120232025
Compound annual growth
+4.9%
+4.7%
+4.4%
+6.0%
+8.5%
+14.2%
+13.8%
+7.8%
+8.6%
−0.5%
+5.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.7% a year over five years — but profit grew faster: net income at +8.5%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
8 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 10.0% · Net 8.1%
5%-2%-4%-6%200920112013201520172019202120232025
ROE
FY2025 · ROE 13.4%
5%10%-2%-4%-6%200920112013201520172019202120232025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
USD 25.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2015 · FCF 68.0
25.0M50.0M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 25.7 · Net buybacks —
10M20M-5M-10MDividendsNet buybacks200920112013201520172019202120232025

USD 25.7M in dividends — 32% of the year's profit went back to shareholders.

Total assetsUSD 2.4B
EquityUSD 640.4M
CashUSD 26.8M

Equity funds 27% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.01.00.90.80.80.80.80.80.70.70.60.60.50.50.50.40.4
Operating income $B0.10.10.0−0.00.00.10.1−0.00.00.00.00.00.00.0···
EBITDA $B0.10.10.0−0.00.00.10.1−0.00.00.00.00.00.00.0···
Income tax $B0.00.00.0−0.00.00.00.0−0.00.00.00.00.00.00.0−0.0−0.00.0
Net income $B0.10.10.0−0.00.00.10.0−0.00.00.00.00.00.00.00.00.00.0
Free cash flow $B··········0.10.00.00.00.00.00.0
EPS, diluted $·················
Dividend / sh $·················
Payout %3245495−1046763234−48208466993495326229958
ROE %13.49.90.9−0.44.810.911.1−7.71.67.35.13.66.65.90.13.04.9

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 33 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 24 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFire, Marine & Casualty Insurance
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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