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Side-by-side financial comparison of ACCO BRANDS Corp (ACCO) and Ultra Clean Holdings, Inc. (UCTT). Click either name above to swap in a different company.

Ultra Clean Holdings, Inc. is the larger business by last-quarter revenue ($533.7M vs $428.8M, roughly 1.2× ACCO BRANDS Corp). ACCO BRANDS Corp runs the higher net margin — 5.0% vs -2.8%, a 7.8% gap on every dollar of revenue. On growth, Ultra Clean Holdings, Inc. posted the faster year-over-year revenue change (2.9% vs -4.3%). Over the past eight quarters, ACCO BRANDS Corp's revenue compounded faster (9.3% CAGR vs 1.7%).

ACCO Brands Corporation is an American multinational company. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC). As of 2025, its president and CEO is Thomas W. Tedford.

Ultra Clean Holdings, Inc. is a leading global supplier of critical subsystems, ultra-high purity cleaning services, and precision process components for the semiconductor, advanced display, and life sciences sectors. It operates across North America, Asia, and Europe, serving top semiconductor fabs and high-tech equipment manufacturers to support advanced microelectronics production.

ACCO vs UCTT — Head-to-Head

Bigger by revenue
UCTT
UCTT
1.2× larger
UCTT
$533.7M
$428.8M
ACCO
Growing faster (revenue YoY)
UCTT
UCTT
+7.2% gap
UCTT
2.9%
-4.3%
ACCO
Higher net margin
ACCO
ACCO
7.8% more per $
ACCO
5.0%
-2.8%
UCTT
Faster 2-yr revenue CAGR
ACCO
ACCO
Annualised
ACCO
9.3%
1.7%
UCTT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ACCO
ACCO
UCTT
UCTT
Revenue
$428.8M
$533.7M
Net Profit
$21.3M
$-15.0M
Gross Margin
33.6%
12.2%
Operating Margin
9.3%
2.1%
Net Margin
5.0%
-2.8%
Revenue YoY
-4.3%
2.9%
Net Profit YoY
3.4%
-500.0%
EPS (diluted)
$0.23
$-0.40

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
ACCO
ACCO
UCTT
UCTT
Q1 26
$533.7M
Q4 25
$428.8M
$506.6M
Q3 25
$383.7M
$510.0M
Q2 25
$394.8M
$518.8M
Q1 25
$317.4M
$518.6M
Q4 24
$448.1M
$563.4M
Q3 24
$420.9M
$540.4M
Q2 24
$438.3M
$516.1M
Net Profit
ACCO
ACCO
UCTT
UCTT
Q1 26
$-15.0M
Q4 25
$21.3M
$-3.3M
Q3 25
$4.0M
$-10.9M
Q2 25
$29.2M
$-162.0M
Q1 25
$-13.2M
$-5.0M
Q4 24
$20.6M
$16.3M
Q3 24
$9.3M
$-2.3M
Q2 24
$-125.2M
$19.1M
Gross Margin
ACCO
ACCO
UCTT
UCTT
Q1 26
12.2%
Q4 25
33.6%
15.2%
Q3 25
33.0%
16.1%
Q2 25
32.9%
15.3%
Q1 25
31.4%
16.2%
Q4 24
34.7%
16.3%
Q3 24
32.5%
17.3%
Q2 24
34.8%
17.1%
Operating Margin
ACCO
ACCO
UCTT
UCTT
Q1 26
2.1%
Q4 25
9.3%
2.2%
Q3 25
6.8%
2.1%
Q2 25
8.4%
-27.3%
Q1 25
-2.1%
2.5%
Q4 24
9.4%
4.6%
Q3 24
6.2%
4.7%
Q2 24
-25.4%
4.4%
Net Margin
ACCO
ACCO
UCTT
UCTT
Q1 26
-2.8%
Q4 25
5.0%
-0.7%
Q3 25
1.0%
-2.1%
Q2 25
7.4%
-31.2%
Q1 25
-4.2%
-1.0%
Q4 24
4.6%
2.9%
Q3 24
2.2%
-0.4%
Q2 24
-28.6%
3.7%
EPS (diluted)
ACCO
ACCO
UCTT
UCTT
Q1 26
$-0.40
Q4 25
$0.23
$-0.07
Q3 25
$0.04
$-0.24
Q2 25
$0.31
$-3.58
Q1 25
$-0.14
$-0.11
Q4 24
$0.21
$0.36
Q3 24
$0.09
$-0.05
Q2 24
$-1.29
$0.42

Balance Sheet & Financial Strength

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

Metric
ACCO
ACCO
UCTT
UCTT
Cash + ST InvestmentsLiquidity on hand
$323.5M
Total DebtLower is stronger
$601.9M
Stockholders' EquityBook value
$664.6M
$702.1M
Total Assets
$2.3B
$1.9B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACCO
ACCO
UCTT
UCTT
Q1 26
$323.5M
Q4 25
$311.8M
Q3 25
$314.1M
Q2 25
$327.4M
Q1 25
$317.6M
Q4 24
$313.9M
Q3 24
$318.2M
Q2 24
$319.5M
Total Debt
ACCO
ACCO
UCTT
UCTT
Q1 26
$601.9M
Q4 25
$481.4M
Q3 25
Q2 25
Q1 25
Q4 24
$499.7M
Q3 24
Q2 24
Stockholders' Equity
ACCO
ACCO
UCTT
UCTT
Q1 26
$702.1M
Q4 25
$664.6M
$711.0M
Q3 25
$644.0M
$709.9M
Q2 25
$637.3M
$719.4M
Q1 25
$606.1M
$872.0M
Q4 24
$606.1M
$873.6M
Q3 24
$615.5M
$857.9M
Q2 24
$617.1M
$852.3M
Total Assets
ACCO
ACCO
UCTT
UCTT
Q1 26
$1.9B
Q4 25
$2.3B
$1.7B
Q3 25
$2.3B
$1.7B
Q2 25
$2.4B
$1.7B
Q1 25
$2.3B
$1.9B
Q4 24
$2.2B
$1.9B
Q3 24
$2.4B
$1.9B
Q2 24
$2.4B
$1.9B
Debt / Equity
ACCO
ACCO
UCTT
UCTT
Q1 26
0.86×
Q4 25
0.68×
Q3 25
Q2 25
Q1 25
Q4 24
0.57×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ACCO
ACCO
UCTT
UCTT
Operating Cash FlowLast quarter
$30.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACCO
ACCO
UCTT
UCTT
Q1 26
Q4 25
$30.6M
$8.1M
Q3 25
$71.5M
$100.0K
Q2 25
$-38.9M
$29.2M
Q1 25
$5.5M
$28.2M
Q4 24
$52.7M
$17.1M
Q3 24
$92.9M
$14.9M
Q2 24
$-25.6M
$23.2M
Free Cash Flow
ACCO
ACCO
UCTT
UCTT
Q1 26
Q4 25
$-2.0M
Q3 25
$-10.9M
Q2 25
$12.4M
Q1 25
$15.8M
Q4 24
$-200.0K
Q3 24
$-300.0K
Q2 24
$10.2M
FCF Margin
ACCO
ACCO
UCTT
UCTT
Q1 26
Q4 25
-0.4%
Q3 25
-2.1%
Q2 25
2.4%
Q1 25
3.0%
Q4 24
-0.0%
Q3 24
-0.1%
Q2 24
2.0%
Capex Intensity
ACCO
ACCO
UCTT
UCTT
Q1 26
Q4 25
2.0%
Q3 25
2.2%
Q2 25
3.2%
Q1 25
2.4%
Q4 24
3.1%
Q3 24
2.8%
Q2 24
2.5%
Cash Conversion
ACCO
ACCO
UCTT
UCTT
Q1 26
Q4 25
1.44×
Q3 25
17.88×
Q2 25
-1.33×
Q1 25
Q4 24
2.56×
1.05×
Q3 24
9.99×
Q2 24
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ACCO
ACCO

Transferred At Point In Time$421.6M98%
Transferred Over Time$7.2M2%

UCTT
UCTT

Products$465.7M87%
Services$68.0M13%

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