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Side-by-side financial comparison of Aebi Schmidt Holding AG (AEBI) and ASSOCIATED BANC-CORP (ASB). Click either name above to swap in a different company.

Aebi Schmidt Holding AG is the larger business by last-quarter revenue ($528.4M vs $383.0M, roughly 1.4× ASSOCIATED BANC-CORP). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 1.7%, a 29.6% gap on every dollar of revenue.

Aebi Schmidt Group is a Swiss multinational company that manufactures agricultural machinery, heavy equipment as well as municipal equipment. The company's products include transporters, Implement carriers, road sweepers, tractors, and mowers to be used in municipal maintenance of roads.

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.

AEBI vs ASB — Head-to-Head

Bigger by revenue
AEBI
AEBI
1.4× larger
AEBI
$528.4M
$383.0M
ASB
Higher net margin
ASB
ASB
29.6% more per $
ASB
31.2%
1.7%
AEBI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AEBI
AEBI
ASB
ASB
Revenue
$528.4M
$383.0M
Net Profit
$8.8M
$119.6M
Gross Margin
18.9%
Operating Margin
5.2%
Net Margin
1.7%
31.2%
Revenue YoY
Net Profit YoY
566.6%
EPS (diluted)
$-0.18
$0.70

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
AEBI
AEBI
ASB
ASB
Q1 26
$383.0M
Q4 25
$528.4M
$310.0M
Q3 25
$471.3M
$305.2M
Q2 25
$277.7M
$300.0M
Q1 25
$249.2M
$285.9M
Q4 24
$270.3M
Q3 24
$329.7M
Q2 24
$321.8M
Net Profit
AEBI
AEBI
ASB
ASB
Q1 26
$119.6M
Q4 25
$8.8M
$137.1M
Q3 25
$1.2M
$124.7M
Q2 25
$-2.3M
$111.2M
Q1 25
$2.1M
$101.7M
Q4 24
$-161.6M
Q3 24
$88.0M
Q2 24
$115.6M
Gross Margin
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
18.9%
Q3 25
20.0%
Q2 25
20.5%
Q1 25
21.4%
Q4 24
Q3 24
Q2 24
Operating Margin
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
5.2%
52.6%
Q3 25
3.7%
50.5%
Q2 25
5.0%
46.5%
Q1 25
5.8%
42.3%
Q4 24
-65.8%
Q3 24
32.8%
Q2 24
32.0%
Net Margin
AEBI
AEBI
ASB
ASB
Q1 26
31.2%
Q4 25
1.7%
44.2%
Q3 25
0.3%
40.9%
Q2 25
-0.8%
37.1%
Q1 25
0.8%
35.6%
Q4 24
-59.8%
Q3 24
26.7%
Q2 24
35.9%
EPS (diluted)
AEBI
AEBI
ASB
ASB
Q1 26
$0.70
Q4 25
$-0.18
$0.80
Q3 25
$0.02
$0.73
Q2 25
$-0.06
$0.65
Q1 25
$0.39
$0.59
Q4 24
$-1.10
Q3 24
$0.56
Q2 24
$0.74

Balance Sheet & Financial Strength

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

Metric
AEBI
AEBI
ASB
ASB
Cash + ST InvestmentsLiquidity on hand
$98.5M
Total DebtLower is stronger
$595.0M
Stockholders' EquityBook value
$814.9M
$5.0B
Total Assets
$2.0B
$45.6B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
$98.5M
Q3 25
$126.0M
Q2 25
$63.6M
Q1 25
$47.8M
Q4 24
Q3 24
Q2 24
Total Debt
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
$595.0M
$1.0B
Q3 25
$628.4M
$594.1M
Q2 25
$441.0M
$593.5M
Q1 25
$402.4M
$591.4M
Q4 24
$1.4B
Q3 24
$844.3M
Q2 24
$536.1M
Stockholders' Equity
AEBI
AEBI
ASB
ASB
Q1 26
$5.0B
Q4 25
$814.9M
$5.0B
Q3 25
$812.2M
$4.9B
Q2 25
$359.1M
$4.8B
Q1 25
$371.3M
$4.7B
Q4 24
$4.6B
Q3 24
$4.4B
Q2 24
$4.2B
Total Assets
AEBI
AEBI
ASB
ASB
Q1 26
$45.6B
Q4 25
$2.0B
$45.2B
Q3 25
$2.1B
$44.5B
Q2 25
$1.2B
$44.0B
Q1 25
$1.1B
$43.3B
Q4 24
$43.0B
Q3 24
$42.2B
Q2 24
$41.6B
Debt / Equity
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
0.73×
0.20×
Q3 25
0.77×
0.12×
Q2 25
1.23×
0.12×
Q1 25
1.08×
0.13×
Q4 24
0.31×
Q3 24
0.19×
Q2 24
0.13×

Cash Flow & Capital Efficiency

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

Metric
AEBI
AEBI
ASB
ASB
Operating Cash FlowLast quarter
$33.5M
Free Cash FlowOCF − Capex
$29.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
3.82×
TTM Free Cash FlowTrailing 4 quarters
$-5.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
$33.5M
$218.1M
Q3 25
$-3.3M
$158.0M
Q2 25
$5.3M
$141.5M
Q1 25
$-26.6M
$98.2M
Q4 24
$207.1M
Q3 24
$105.1M
Q2 24
$113.5M
Free Cash Flow
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
$29.7M
Q3 25
$-8.6M
Q2 25
$3.3M
Q1 25
$-29.7M
Q4 24
Q3 24
Q2 24
FCF Margin
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
5.6%
Q3 25
-1.8%
Q2 25
1.2%
Q1 25
-11.9%
Q4 24
Q3 24
Q2 24
Capex Intensity
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
0.7%
Q3 25
1.1%
Q2 25
0.7%
Q1 25
1.2%
Q4 24
Q3 24
Q2 24
Cash Conversion
AEBI
AEBI
ASB
ASB
Q1 26
Q4 25
3.82×
1.59×
Q3 25
-2.77×
1.27×
Q2 25
1.27×
Q1 25
-12.80×
0.97×
Q4 24
Q3 24
1.19×
Q2 24
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEBI
AEBI

Transferred At Point In Time$281.5M53%
Transferred Over Time$246.9M47%

ASB
ASB

Net Interest Income$307.2M80%
Noninterest Income$75.9M20%

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