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Side-by-side financial comparison of ARGENX SE (ARGX) and Rockwell Automation (ROK). Click either name above to swap in a different company.

ARGENX SE is the larger business by last-quarter revenue ($2.5B vs $2.1B, roughly 1.2× Rockwell Automation). ARGENX SE runs the higher net margin — 35.5% vs 14.5%, a 21.0% gap on every dollar of revenue. On growth, ARGENX SE posted the faster year-over-year revenue change (83.2% vs 11.9%). ARGENX SE produced more free cash flow last quarter ($322.4M vs $170.0M).

AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. They have produced drugs to treat a wide range of medical issues.

Rockwell Automation, Inc. is an American provider of industrial automation and digital transformation technologies headquartered in Milwaukee, Wisconsin. Its brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services. Rockwell Automation employs approximately 27,000 people and has customers in more than 100 countries worldwide.

ARGX vs ROK — Head-to-Head

Bigger by revenue
ARGX
ARGX
1.2× larger
ARGX
$2.5B
$2.1B
ROK
Growing faster (revenue YoY)
ARGX
ARGX
+71.3% gap
ARGX
83.2%
11.9%
ROK
Higher net margin
ARGX
ARGX
21.0% more per $
ARGX
35.5%
14.5%
ROK
More free cash flow
ARGX
ARGX
$152.4M more FCF
ARGX
$322.4M
$170.0M
ROK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARGX
ARGX
ROK
ROK
Revenue
$2.5B
$2.1B
Net Profit
$877.2M
$305.0M
Gross Margin
89.5%
48.3%
Operating Margin
28.9%
20.7%
Net Margin
35.5%
14.5%
Revenue YoY
83.2%
11.9%
Net Profit YoY
1.3%
65.8%
EPS (diluted)
$13.25
$2.69

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
ARGX
ARGX
ROK
ROK
Q4 25
$2.5B
$2.1B
Q3 25
$2.3B
Q2 25
$1.8B
$2.1B
Q1 25
$2.0B
Q4 24
$1.4B
$1.9B
Q3 24
$2.0B
Q2 24
$901.9M
$2.1B
Q1 24
$2.1B
Net Profit
ARGX
ARGX
ROK
ROK
Q4 25
$877.2M
$305.0M
Q3 25
$138.0M
Q2 25
$414.8M
$295.0M
Q1 25
$252.0M
Q4 24
$865.6M
$184.0M
Q3 24
$239.1M
Q2 24
$-32.5M
$232.0M
Q1 24
$266.2M
Gross Margin
ARGX
ARGX
ROK
ROK
Q4 25
89.5%
48.3%
Q3 25
69.4%
Q2 25
89.2%
40.9%
Q1 25
40.5%
Q4 24
90.2%
38.4%
Q3 24
37.9%
Q2 24
89.4%
38.8%
Q1 24
39.2%
Operating Margin
ARGX
ARGX
ROK
ROK
Q4 25
28.9%
20.7%
Q3 25
2.7%
Q2 25
19.2%
16.0%
Q1 25
14.9%
Q4 24
8.7%
17.1%
Q3 24
13.5%
Q2 24
-15.4%
12.4%
Q1 24
14.6%
Net Margin
ARGX
ARGX
ROK
ROK
Q4 25
35.5%
14.5%
Q3 25
6.0%
Q2 25
23.4%
13.8%
Q1 25
12.6%
Q4 24
64.1%
9.8%
Q3 24
11.7%
Q2 24
-3.6%
11.3%
Q1 24
12.5%
EPS (diluted)
ARGX
ARGX
ROK
ROK
Q4 25
$13.25
$2.69
Q3 25
$1.24
Q2 25
$6.32
$2.60
Q1 25
$2.22
Q4 24
$13.33
$1.61
Q3 24
$2.09
Q2 24
$-0.55
$2.02
Q1 24
$2.31

Balance Sheet & Financial Strength

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

Metric
ARGX
ARGX
ROK
ROK
Cash + ST InvestmentsLiquidity on hand
$3.5B
$444.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3B
$3.7B
Total Assets
$8.7B
$11.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARGX
ARGX
ROK
ROK
Q4 25
$3.5B
$444.0M
Q3 25
$468.0M
Q2 25
$2.1B
$495.0M
Q1 25
$456.0M
Q4 24
$1.5B
$477.0M
Q3 24
$471.3M
Q2 24
$1.4B
$407.0M
Q1 24
$470.5M
Total Debt
ARGX
ARGX
ROK
ROK
Q4 25
Q3 25
$2.6B
Q2 25
Q1 25
Q4 24
Q3 24
$2.6B
Q2 24
$11.0M
Q1 24
Stockholders' Equity
ARGX
ARGX
ROK
ROK
Q4 25
$7.3B
$3.7B
Q3 25
$3.7B
Q2 25
$6.1B
$3.5B
Q1 25
$3.4B
Q4 24
$5.5B
$3.4B
Q3 24
$3.5B
Q2 24
$4.3B
$3.3B
Q1 24
$3.5B
Total Assets
ARGX
ARGX
ROK
ROK
Q4 25
$8.7B
$11.2B
Q3 25
$11.2B
Q2 25
$7.2B
$11.2B
Q1 25
$11.0B
Q4 24
$6.2B
$10.9B
Q3 24
$11.2B
Q2 24
$4.8B
$11.2B
Q1 24
$11.4B
Debt / Equity
ARGX
ARGX
ROK
ROK
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.73×
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ARGX
ARGX
ROK
ROK
Operating Cash FlowLast quarter
$323.3M
$234.0M
Free Cash FlowOCF − Capex
$322.4M
$170.0M
FCF MarginFCF / Revenue
13.0%
8.1%
Capex IntensityCapex / Revenue
0.0%
3.0%
Cash ConversionOCF / Net Profit
0.37×
0.77×
TTM Free Cash FlowTrailing 4 quarters
$594.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARGX
ARGX
ROK
ROK
Q4 25
$323.3M
$234.0M
Q3 25
$454.0M
Q2 25
$361.8M
$527.0M
Q1 25
$199.0M
Q4 24
$41.9M
$364.0M
Q3 24
$432.3M
Q2 24
$-124.7M
$279.1M
Q1 24
$119.8M
Free Cash Flow
ARGX
ARGX
ROK
ROK
Q4 25
$322.4M
$170.0M
Q3 25
Q2 25
$356.6M
$489.0M
Q1 25
$171.0M
Q4 24
$40.9M
$293.0M
Q3 24
Q2 24
$-125.5M
$238.4M
Q1 24
$68.6M
FCF Margin
ARGX
ARGX
ROK
ROK
Q4 25
13.0%
8.1%
Q3 25
Q2 25
20.1%
22.8%
Q1 25
8.5%
Q4 24
3.0%
15.6%
Q3 24
Q2 24
-13.9%
11.6%
Q1 24
3.2%
Capex Intensity
ARGX
ARGX
ROK
ROK
Q4 25
0.0%
3.0%
Q3 25
Q2 25
0.3%
1.8%
Q1 25
1.4%
Q4 24
0.1%
3.8%
Q3 24
Q2 24
0.1%
2.0%
Q1 24
2.4%
Cash Conversion
ARGX
ARGX
ROK
ROK
Q4 25
0.37×
0.77×
Q3 25
3.29×
Q2 25
0.87×
1.79×
Q1 25
0.79×
Q4 24
0.05×
1.98×
Q3 24
1.81×
Q2 24
1.20×
Q1 24
0.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARGX
ARGX

Segment breakdown not available.

ROK
ROK

Productsand Solutions$1.9B89%
Lifecycle Services Segment$259.0M12%

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