Donegal GroupDGICA 60 Net Margin % is 4.88% as of Mar. 2026, which is 29% above its 10-year median of 3.79. GuruFocus rates DGICA with a GF Score™ of 60/100 and a GF Value™ of $14.11 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 501 Insurance companies, Donegal Group ranks worse than 61.88% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Donegal Group's Net Income for the
three
months ended in Mar. 2026 was $11.5 Mil. Donegal Group's Revenue for the
three
months ended in Mar. 2026 was $236.0 Mil. Therefore, Donegal Group's net margin for the quarter that ended in Mar. 2026 was 4.88%.
The historical rank and industry rank for Donegal Group's Net Margin % or its related term are showing as below:
DGICA'
s Net Margin % Range Over the Past 10 Years
Min: -4.26 Med: 3.79 Max: 8.11
Current: 6.77
DGICA's Net Margin % is ranked worse than 61.88% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs DGICA: 6.77
Donegal Group (NAS:DGICA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Donegal Group Net Margin % Related Terms
Donegal Group Net Margin % Historical Data
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The historical data trend for Donegal Group's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DGICA vs HRTG, HIPO, ACIC: Net Margin % Comparison
For the Insurance - Property & Casualty subindustry, Donegal Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Donegal Group Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Donegal Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Donegal Group's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Donegal Group (DGICA) has a Net Margin % of 4.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Donegal Group and its competitors. This is 29% above median its historical median of 3.79. According to the industry distribution chart, Donegal Group ranks #310 out of 501 companies in the Insurance industry, placing it in the top 61.9%.
Is Donegal Group's Net Margin % too high?
Donegal Group's current Net Margin % of 4.88% is 29% above median its 10-year median of 3.79. The Insurance industry median Net Margin % is 9.29. Donegal Group's value of 4.88% is 47.5% below this industry median. Based on the distribution chart, Donegal Group ranks #310 out of 501 companies in the Insurance industry, which is below the industry midpoint. Overall, Donegal Group has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donegal Group's Net Margin % compare to HRTG and HIPO?
According to the Insurance industry distribution chart, Donegal Group ranks #310 out of 501 companies for Net Margin %. This places Donegal Group in the lower half of its industry. The industry median Net Margin % is 9.29. Donegal Group's value of 4.88% is 47.5% below this benchmark. While the company's 10-year median is 3.79 vs. the industry median of 9.29, Donegal Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Donegal Group's current Net Margin % of 4.88% is 47.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Donegal Group and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donegal Group's current Net Margin % is 4.88%, which is 29% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donegal Group stock overvalued right now?
Based on GuruFocus' analysis, Donegal Group (DGICA) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.11, compared to a current price of $18.27 — trading 29.5% above its estimated fair value. The current Net Margin % is 4.88%, which is 29% above median its 10-year median of 3.79 and 47.5% below the Insurance industry median of 9.29. Donegal Group's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Donegal Group (DGICA), the current Net Margin % is 4.88% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Donegal Group (DGICA) Overvalued in 2026?
Based on GuruFocus' analysis, Donegal Group stock appears to be overvalued.
The current stock price of $18.27 is trading 29.5% above its estimated GF Value™ of $14.11.
GuruFocus considers Donegal Group to be Modestly Overvalued.
Key valuation signals for DGICA:
Net Margin %: 4.88% (29% above median its 10-year median of 3.79)
GF Value™: $14.11 vs. price of $18.27 (29.5% above fair value)
Industry Position: 47.5% below the Insurance median (#310 of 501)
No single metric tells the full story. See the DGICA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donegal Group Inc is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty insurance in 21 Mid-Atlantic, Midwestern, Southern, and Southwestern states. It includes three segments: Investments Function, Commercial Lines of Insurance, and Personal Lines of Insurance. The majority of revenue is from the commercial Lines segment. The commercial Lines segment consists mainly of commercial automobile, commercial multi-peril, and workers' compensation policies.
60GF Score
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