vs

Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

Acadia Healthcare Company, Inc. is the larger business by last-quarter revenue ($829.0M vs $702.8M, roughly 1.2× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 0.5%, a 32.7% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 7.5%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 2.0%).

Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

ACHC vs ONB — Head-to-Head

Bigger by revenue
ACHC
ACHC
1.2× larger
ACHC
$829.0M
$702.8M
ONB
Growing faster (revenue YoY)
ONB
ONB
+36.8% gap
ONB
44.4%
7.5%
ACHC
Higher net margin
ONB
ONB
32.7% more per $
ONB
33.3%
0.5%
ACHC
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
2.0%
ACHC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ACHC
ACHC
ONB
ONB
Revenue
$829.0M
$702.8M
Net Profit
$4.5M
$233.7M
Gross Margin
Operating Margin
Net Margin
0.5%
33.3%
Revenue YoY
7.5%
44.4%
Net Profit YoY
-50.8%
61.5%
EPS (diluted)
$0.05

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
ACHC
ACHC
ONB
ONB
Q1 26
$829.0M
$702.8M
Q4 25
$821.5M
$580.8M
Q3 25
$851.6M
$574.6M
Q2 25
$869.2M
$514.8M
Q1 25
$770.5M
$387.6M
Q4 24
$774.2M
$394.2M
Q3 24
$815.6M
$391.7M
Q2 24
$796.0M
$388.4M
Net Profit
ACHC
ACHC
ONB
ONB
Q1 26
$4.5M
$233.7M
Q4 25
$-1.2B
$216.6M
Q3 25
$36.2M
$182.6M
Q2 25
$30.1M
$125.4M
Q1 25
$8.4M
$144.7M
Q4 24
$32.6M
$153.9M
Q3 24
$68.1M
$143.8M
Q2 24
$78.5M
$121.2M
Operating Margin
ACHC
ACHC
ONB
ONB
Q1 26
Q4 25
-142.4%
46.7%
Q3 25
4.7%
40.5%
Q2 25
5.8%
30.2%
Q1 25
1.7%
46.8%
Q4 24
4.9%
47.2%
Q3 24
12.1%
47.2%
Q2 24
13.4%
40.3%
Net Margin
ACHC
ACHC
ONB
ONB
Q1 26
0.5%
33.3%
Q4 25
-143.3%
37.3%
Q3 25
4.3%
31.8%
Q2 25
3.5%
24.4%
Q1 25
1.1%
37.3%
Q4 24
4.2%
39.0%
Q3 24
8.4%
36.7%
Q2 24
9.9%
31.2%
EPS (diluted)
ACHC
ACHC
ONB
ONB
Q1 26
$0.05
Q4 25
$-12.98
$0.55
Q3 25
$0.40
$0.46
Q2 25
$0.33
$0.34
Q1 25
$0.09
$0.44
Q4 24
$0.36
$0.47
Q3 24
$0.74
$0.44
Q2 24
$0.85
$0.37

Balance Sheet & Financial Strength

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

Metric
ACHC
ACHC
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
$158.5M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$2.0B
$8.5B
Total Assets
$5.5B
$73.0B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACHC
ACHC
ONB
ONB
Q1 26
$158.5M
Q4 25
$133.2M
$1.8B
Q3 25
$118.7M
$1.7B
Q2 25
$131.4M
$1.8B
Q1 25
$91.2M
$1.2B
Q4 24
$76.3M
$1.2B
Q3 24
$82.1M
$1.2B
Q2 24
$77.2M
$1.2B
Total Debt
ACHC
ACHC
ONB
ONB
Q1 26
$2.5B
Q4 25
$2.5B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$1.8B
Stockholders' Equity
ACHC
ACHC
ONB
ONB
Q1 26
$2.0B
$8.5B
Q4 25
$1.9B
$8.5B
Q3 25
$3.1B
$8.3B
Q2 25
$3.1B
$8.1B
Q1 25
$3.0B
$6.5B
Q4 24
$3.1B
$6.3B
Q3 24
$3.0B
$6.4B
Q2 24
$3.0B
$6.1B
Total Assets
ACHC
ACHC
ONB
ONB
Q1 26
$5.5B
$73.0B
Q4 25
$5.5B
$72.2B
Q3 25
$6.4B
$71.2B
Q2 25
$6.3B
$71.0B
Q1 25
$6.1B
$53.9B
Q4 24
$6.0B
$53.6B
Q3 24
$5.9B
$53.6B
Q2 24
$5.7B
$53.1B
Debt / Equity
ACHC
ACHC
ONB
ONB
Q1 26
1.29×
Q4 25
1.28×
Q3 25
0.74×
Q2 25
0.74×
Q1 25
0.72×
Q4 24
0.64×
Q3 24
0.62×
Q2 24
0.62×

Cash Flow & Capital Efficiency

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

Metric
ACHC
ACHC
ONB
ONB
Operating Cash FlowLast quarter
$61.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACHC
ACHC
ONB
ONB
Q1 26
$61.5M
Q4 25
$-86.3M
$159.2M
Q3 25
$73.2M
$341.2M
Q2 25
$133.5M
$72.9M
Q1 25
$11.5M
$108.2M
Q4 24
$116.7M
$235.8M
Q3 24
$163.1M
$121.3M
Q2 24
$171.1M
$161.0M
Free Cash Flow
ACHC
ACHC
ONB
ONB
Q1 26
Q4 25
$-179.5M
$137.3M
Q3 25
$-63.0M
$333.6M
Q2 25
$-34.2M
$64.1M
Q1 25
$-163.2M
$102.4M
Q4 24
$-86.8M
$229.0M
Q3 24
$-27.1M
$115.7M
Q2 24
$16.9M
$151.6M
FCF Margin
ACHC
ACHC
ONB
ONB
Q1 26
Q4 25
-21.8%
23.6%
Q3 25
-7.4%
58.1%
Q2 25
-3.9%
12.4%
Q1 25
-21.2%
26.4%
Q4 24
-11.2%
58.1%
Q3 24
-3.3%
29.5%
Q2 24
2.1%
39.0%
Capex Intensity
ACHC
ACHC
ONB
ONB
Q1 26
Q4 25
11.3%
3.8%
Q3 25
16.0%
1.3%
Q2 25
19.3%
1.7%
Q1 25
22.7%
1.5%
Q4 24
26.3%
1.7%
Q3 24
23.3%
1.4%
Q2 24
19.4%
2.4%
Cash Conversion
ACHC
ACHC
ONB
ONB
Q1 26
13.78×
Q4 25
0.73×
Q3 25
2.02×
1.87×
Q2 25
4.43×
0.58×
Q1 25
1.37×
0.75×
Q4 24
3.58×
1.53×
Q3 24
2.39×
0.84×
Q2 24
2.18×
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ACHC
ACHC

Acute Inpatient Psychiatric Facilities$471.0M57%
Other$140.0M17%
Specialty Treatment Facilities$128.0M15%
Residential Treatment Facilities$90.0M11%

ONB
ONB

Segment breakdown not available.

Related Comparisons