Donegal Group A Inc (DGICA) - Net Assets
Based on the latest financial reports, Donegal Group A Inc (DGICA) has net assets worth $640.42 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.39 Billion) and total liabilities ($1.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Donegal Group A Inc (DGICA) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $640.42 Million |
| % of Total Assets | 26.83% |
| Annual Growth Rate | 9.32% |
| 5-Year Change | 20.6% |
| 10-Year Change | 46.01% |
| Growth Volatility | 13.19 |
Donegal Group A Inc - Net Assets Trend (1986–2025)
This chart illustrates how Donegal Group A Inc's net assets have evolved over time, based on quarterly financial data. Also explore Donegal Group A Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Donegal Group A Inc (1986–2025)
The table below shows the annual net assets of Donegal Group A Inc from 1986 to 2025. For live valuation and market cap data, see Donegal Group A Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $640.42 Million | +17.34% |
| 2024-12-31 | $545.78 Million | +13.76% |
| 2023-12-31 | $479.75 Million | -0.80% |
| 2022-12-31 | $483.59 Million | -8.93% |
| 2021-12-31 | $531.04 Million | +2.56% |
| 2020-12-31 | $517.77 Million | +14.80% |
| 2019-12-31 | $451.02 Million | +13.07% |
| 2018-12-31 | $398.87 Million | -11.10% |
| 2017-12-31 | $448.70 Million | +2.30% |
| 2016-12-31 | $438.62 Million | +7.40% |
| 2015-12-31 | $408.39 Million | -1.86% |
| 2014-12-31 | $416.13 Million | +4.85% |
| 2013-12-31 | $396.88 Million | -0.79% |
| 2012-12-31 | $400.03 Million | +4.32% |
| 2011-12-31 | $383.45 Million | +0.88% |
| 2010-12-31 | $380.10 Million | -1.40% |
| 2009-12-31 | $385.51 Million | +6.03% |
| 2008-12-31 | $363.58 Million | +3.09% |
| 2007-12-31 | $352.69 Million | +9.94% |
| 2006-12-31 | $320.80 Million | +15.44% |
| 2005-12-31 | $277.90 Million | +14.50% |
| 2004-12-31 | $242.70 Million | +16.32% |
| 2003-12-31 | $208.65 Million | +56.66% |
| 2002-12-31 | $133.18 Million | +10.13% |
| 2001-12-31 | $120.93 Million | +6.32% |
| 2000-12-31 | $113.75 Million | +9.99% |
| 1999-12-31 | $103.41 Million | +2.77% |
| 1998-12-31 | $100.63 Million | +9.86% |
| 1997-12-31 | $91.60 Million | +12.70% |
| 1996-12-31 | $81.28 Million | +12.44% |
| 1995-12-31 | $72.28 Million | +18.50% |
| 1994-12-31 | $61.00 Million | +6.46% |
| 1993-12-31 | $57.30 Million | +56.56% |
| 1992-12-31 | $36.60 Million | +13.66% |
| 1991-12-31 | $32.20 Million | +15.41% |
| 1990-12-31 | $27.90 Million | +14.34% |
| 1989-12-31 | $24.40 Million | +20.79% |
| 1988-12-31 | $20.20 Million | +9.19% |
| 1987-12-31 | $18.50 Million | -6.57% |
| 1986-12-31 | $19.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Donegal Group A Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 148764.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $297.73 Million | 46.49% |
| Common Stock | $400.00K | 0.06% |
| Other Comprehensive Income | $-8.30 Million | -1.30% |
| Other Components | $350.58 Million | 54.74% |
| Total Equity | $640.42 Million | 100.00% |
Donegal Group A Inc Competitors by Market Cap
The table below lists competitors of Donegal Group A Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoinShares International Ltd
ST:CS
|
$509.93 Million |
|
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380
|
$510.09 Million |
|
Bridgewater Bancshares Inc
NASDAQ:BWB
|
$510.30 Million |
|
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
F:PWD1
|
$510.32 Million |
|
Samhällsbyggnadsbolaget i Norden AB (publ)
ST:SBB-B
|
$509.55 Million |
|
Guggenheim Active Allocation Fund
NYSE:GUG
|
$509.54 Million |
|
PT Estee Gold Feet Tbk
JK:EURO
|
$509.29 Million |
|
SEALSQ Corp
NASDAQ:LAES
|
$509.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Donegal Group A Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 545,776,131 to 640,418,000, a change of 94,641,869 (17.3%).
- Net income of 79,341,000 contributed positively to equity growth.
- Dividend payments of 25,674,053 reduced retained earnings.
- New share issuances of 20,468,239 increased equity.
- Other comprehensive income increased equity by 19,904,481.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.34 Million | +12.39% |
| Dividends Paid | $25.67 Million | -4.01% |
| Share Issuances | $20.47 Million | +3.2% |
| Other Comprehensive Income | $19.90 Million | +3.11% |
| Other Changes | $602.20K | +0.09% |
| Total Change | $- | 17.34% |
Book Value vs Market Value Analysis
This analysis compares Donegal Group A Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.80x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.68x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $2.14 | $16.41 | x |
| 1987-12-31 | $2.00 | $16.41 | x |
| 1988-12-31 | $2.17 | $16.41 | x |
| 1989-12-31 | $2.61 | $16.41 | x |
| 1990-12-31 | $2.98 | $16.41 | x |
| 1991-12-31 | $3.42 | $16.41 | x |
| 1992-12-31 | $3.87 | $16.41 | x |
| 1993-12-31 | $4.43 | $16.41 | x |
| 1994-12-31 | $4.64 | $16.41 | x |
| 1995-12-31 | $3.13 | $16.41 | x |
| 1996-12-31 | $3.24 | $16.41 | x |
| 1997-12-31 | $3.61 | $16.41 | x |
| 1998-12-31 | $3.88 | $16.41 | x |
| 1999-12-31 | $3.85 | $16.41 | x |
| 2000-12-31 | $7.31 | $16.41 | x |
| 2001-12-31 | $7.48 | $16.41 | x |
| 2002-12-31 | $8.18 | $16.41 | x |
| 2003-12-31 | $11.87 | $16.41 | x |
| 2004-12-31 | $10.02 | $16.41 | x |
| 2005-12-31 | $11.21 | $16.41 | x |
| 2006-12-31 | $16.04 | $16.41 | x |
| 2007-12-31 | $13.81 | $16.41 | x |
| 2008-12-31 | $14.24 | $16.41 | x |
| 2009-12-31 | $15.13 | $16.41 | x |
| 2010-12-31 | $14.87 | $16.41 | x |
| 2011-12-31 | $14.97 | $16.41 | x |
| 2012-12-31 | $15.46 | $16.41 | x |
| 2013-12-31 | $15.07 | $16.41 | x |
| 2014-12-31 | $15.33 | $16.41 | x |
| 2015-12-31 | $14.60 | $16.41 | x |
| 2016-12-31 | $16.18 | $16.41 | x |
| 2017-12-31 | $15.90 | $16.41 | x |
| 2018-12-31 | $13.95 | $16.41 | x |
| 2019-12-31 | $15.67 | $16.41 | x |
| 2020-12-31 | $17.57 | $16.41 | x |
| 2021-12-31 | $17.07 | $16.41 | x |
| 2022-12-31 | $15.12 | $16.41 | x |
| 2023-12-31 | $14.48 | $16.41 | x |
| 2024-12-31 | $16.50 | $16.41 | x |
| 2025-12-31 | $20.50 | $16.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Donegal Group A Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.11%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 3.73x
- Recent ROE (12.39%) is above the historical average (7.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 0.51% | 1.54% | 0.18x | 1.85x | $-1.88 Million |
| 1987 | 8.65% | 5.03% | 0.70x | 2.46x | $-250.00K |
| 1988 | 3.96% | 1.97% | 0.64x | 3.14x | $-1.22 Million |
| 1989 | 16.39% | 7.75% | 0.69x | 3.06x | $1.56 Million |
| 1990 | 15.77% | 8.41% | 0.60x | 3.11x | $1.61 Million |
| 1991 | 13.98% | 7.69% | 0.60x | 3.00x | $1.28 Million |
| 1992 | 13.39% | 7.89% | 0.56x | 3.04x | $1.24 Million |
| 1993 | 11.17% | 8.24% | 0.46x | 2.96x | $670.00K |
| 1994 | 10.00% | 7.47% | 0.43x | 3.15x | $0.00 |
| 1995 | 13.28% | 9.45% | 0.43x | 3.26x | $2.37 Million |
| 1996 | 10.58% | 7.31% | 0.43x | 3.36x | $472.26K |
| 1997 | 11.62% | 8.77% | 0.40x | 3.32x | $1.48 Million |
| 1998 | 8.96% | 6.91% | 0.34x | 3.83x | $-1.05 Million |
| 1999 | 6.44% | 4.17% | 0.40x | 3.87x | $-3.68 Million |
| 2000 | 7.77% | 5.18% | 0.39x | 3.86x | $-2.54 Million |
| 2001 | 4.81% | 3.14% | 0.41x | 3.78x | $-6.27 Million |
| 2002 | 9.01% | 5.89% | 0.41x | 3.76x | $-1.32 Million |
| 2003 | 8.77% | 8.51% | 0.36x | 2.89x | $-2.57 Million |
| 2004 | 13.03% | 10.99% | 0.39x | 3.03x | $7.34 Million |
| 2005 | 13.30% | 11.55% | 0.41x | 2.81x | $9.16 Million |
| 2006 | 12.54% | 12.19% | 0.40x | 2.59x | $8.13 Million |
| 2007 | 10.85% | 11.24% | 0.41x | 2.36x | $3.01 Million |
| 2008 | 7.03% | 6.86% | 0.42x | 2.42x | $-10.82 Million |
| 2009 | 4.88% | 4.87% | 0.41x | 2.43x | $-19.72 Million |
| 2010 | 3.02% | 2.80% | 0.35x | 3.09x | $-26.54 Million |
| 2011 | 0.12% | 0.10% | 0.37x | 3.37x | $-37.89 Million |
| 2012 | 5.77% | 4.52% | 0.38x | 3.34x | $-16.91 Million |
| 2013 | 6.63% | 4.84% | 0.39x | 3.49x | $-13.37 Million |
| 2014 | 3.49% | 2.48% | 0.40x | 3.51x | $-27.07 Million |
| 2015 | 5.14% | 3.30% | 0.41x | 3.77x | $-19.85 Million |
| 2016 | 7.02% | 4.48% | 0.42x | 3.70x | $-13.06 Million |
| 2017 | 1.59% | 0.97% | 0.42x | 3.87x | $-37.75 Million |
| 2018 | -8.21% | -4.26% | 0.42x | 4.59x | $-72.65 Million |
| 2019 | 10.45% | 5.81% | 0.42x | 4.26x | $2.05 Million |
| 2020 | 10.20% | 6.79% | 0.36x | 4.17x | $1.04 Million |
| 2021 | 4.76% | 3.09% | 0.36x | 4.25x | $-27.85 Million |
| 2022 | -0.41% | -0.23% | 0.38x | 4.64x | $-50.32 Million |
| 2023 | 0.92% | 0.48% | 0.41x | 4.72x | $-43.55 Million |
| 2024 | 9.32% | 5.14% | 0.42x | 4.28x | $-3.72 Million |
| 2025 | 12.39% | 8.11% | 0.41x | 3.73x | $15.30 Million |
Industry Comparison
This section compares Donegal Group A Inc's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $8,922,003,000
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Donegal Group A Inc (DGICA) | $640.42 Million | 0.51% | 2.73x | $509.77 Million |
| American Coastal Insurance Corp (ACIC) | $540.37 Million | 0.05% | 3.30x | $551.54 Million |
| American Financial Group Inc (AFG) | $1.83 Billion | 6.07% | 0.57x | $10.94 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.93 Billion | -9.14% | 3.41x | $120.77 Million |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $372.20 Million |
| Assurant Inc (AIZ) | $4.52 Billion | 3.13% | 5.65x | $10.94 Billion |
| The Allstate Corporation (ALL) | $22.55 Billion | 14.14% | 3.99x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $-243.54 Million | 0.00% | 0.00x | $943.55 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $370.44 Million | 10.32% | 3.47x | $797.28 Million |
| Chubb Ltd (CB) | $50.31 Billion | 7.87% | 2.33x | $127.02 Billion |
| Cincinnati Financial Corporation (CINF) | $6.25 Billion | 9.35% | 1.58x | $25.23 Billion |
About Donegal Group A Inc
Donegal Group Inc., an insurance holding company, provides commercial and personal lines of property and casualty coverages. It operates through three segments: Investment Function, Commercial Lines of Insurance, and Personal Lines of Insurance. The company offers protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from … Read more