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Side-by-side financial comparison of Amer Sports, Inc. (AS) and Woodward, Inc. (WWD). Click either name above to swap in a different company.

Woodward, Inc. is the larger business by last-quarter revenue ($1.1B vs $1.1B, roughly 1.0× Amer Sports, Inc.). Woodward, Inc. runs the higher net margin — 12.3% vs 1.8%, a 10.5% gap on every dollar of revenue. Amer Sports, Inc. produced more free cash flow last quarter ($92.2M vs $38.0M).

Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

AS vs WWD — Head-to-Head

Bigger by revenue
WWD
WWD
1.0× larger
WWD
$1.1B
$1.1B
AS
Higher net margin
WWD
WWD
10.5% more per $
WWD
12.3%
1.8%
AS
More free cash flow
AS
AS
$54.2M more FCF
AS
$92.2M
$38.0M
WWD

Income Statement — Q1 FY2024 vs Q2 FY2026

Metric
AS
AS
WWD
WWD
Revenue
$1.1B
$1.1B
Net Profit
$19.0M
$134.0M
Gross Margin
52.8%
29.0%
Operating Margin
12.4%
15.4%
Net Margin
1.8%
12.3%
Revenue YoY
23.4%
Net Profit YoY
22.9%
EPS (diluted)
$0.05
$2.19

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
AS
AS
WWD
WWD
Q1 26
$1.1B
Q4 25
$996.5M
Q3 25
$995.3M
Q2 25
$915.4M
Q1 25
$883.6M
Q4 24
$772.7M
Q3 24
$854.5M
Q2 24
$847.7M
Net Profit
AS
AS
WWD
WWD
Q1 26
$134.0M
Q4 25
$133.7M
Q3 25
$137.6M
Q2 25
$108.4M
Q1 25
$108.9M
Q4 24
$87.1M
Q3 24
$83.3M
Q2 24
$102.1M
Gross Margin
AS
AS
WWD
WWD
Q1 26
29.0%
Q4 25
29.3%
Q3 25
27.9%
Q2 25
27.2%
Q1 25
27.2%
Q4 24
24.5%
Q3 24
24.3%
Q2 24
27.1%
Operating Margin
AS
AS
WWD
WWD
Q1 26
15.4%
Q4 25
17.0%
Q3 25
16.1%
Q2 25
13.9%
Q1 25
15.0%
Q4 24
13.2%
Q3 24
11.9%
Q2 24
14.4%
Net Margin
AS
AS
WWD
WWD
Q1 26
12.3%
Q4 25
13.4%
Q3 25
13.8%
Q2 25
11.8%
Q1 25
12.3%
Q4 24
11.3%
Q3 24
9.7%
Q2 24
12.0%
EPS (diluted)
AS
AS
WWD
WWD
Q1 26
$2.19
Q4 25
$2.17
Q3 25
$2.23
Q2 25
$1.76
Q1 25
$1.78
Q4 24
$1.42
Q3 24
$1.36
Q2 24
$1.63

Balance Sheet & Financial Strength

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

Metric
AS
AS
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$501.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.5B
Total Assets
$5.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AS
AS
WWD
WWD
Q1 26
$501.2M
Q4 25
$454.2M
Q3 25
$327.4M
Q2 25
$473.2M
Q1 25
$364.1M
Q4 24
$283.7M
Q3 24
$282.3M
Q2 24
$308.3M
Total Debt
AS
AS
WWD
WWD
Q1 26
$1.1B
Q4 25
Q3 25
$579.9M
Q2 25
Q1 25
Q4 24
Q3 24
$655.5M
Q2 24
Stockholders' Equity
AS
AS
WWD
WWD
Q1 26
$2.5B
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Total Assets
AS
AS
WWD
WWD
Q1 26
$5.0B
Q4 25
$4.7B
Q3 25
$4.6B
Q2 25
$4.7B
Q1 25
$4.5B
Q4 24
$4.3B
Q3 24
$4.4B
Q2 24
$4.3B
Debt / Equity
AS
AS
WWD
WWD
Q1 26
0.43×
Q4 25
Q3 25
0.23×
Q2 25
Q1 25
Q4 24
Q3 24
0.30×
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
AS
AS
WWD
WWD
Operating Cash FlowLast quarter
$114.3M
$91.0M
Free Cash FlowOCF − Capex
$92.2M
$38.0M
FCF MarginFCF / Revenue
8.8%
3.5%
Capex IntensityCapex / Revenue
2.1%
4.9%
Cash ConversionOCF / Net Profit
6.02×
0.68×
TTM Free Cash FlowTrailing 4 quarters
$388.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AS
AS
WWD
WWD
Q1 26
$91.0M
Q4 25
$114.4M
Q3 25
$233.3M
Q2 25
$125.6M
Q1 25
$77.8M
Q4 24
$34.5M
Q3 24
$141.8M
Q2 24
$153.2M
Free Cash Flow
AS
AS
WWD
WWD
Q1 26
$38.0M
Q4 25
$70.3M
Q3 25
$180.9M
Q2 25
$99.1M
Q1 25
$59.4M
Q4 24
$942.0K
Q3 24
$117.7M
Q2 24
$137.3M
FCF Margin
AS
AS
WWD
WWD
Q1 26
3.5%
Q4 25
7.1%
Q3 25
18.2%
Q2 25
10.8%
Q1 25
6.7%
Q4 24
0.1%
Q3 24
13.8%
Q2 24
16.2%
Capex Intensity
AS
AS
WWD
WWD
Q1 26
4.9%
Q4 25
4.4%
Q3 25
5.3%
Q2 25
2.9%
Q1 25
2.1%
Q4 24
4.3%
Q3 24
2.8%
Q2 24
1.9%
Cash Conversion
AS
AS
WWD
WWD
Q1 26
0.68×
Q4 25
0.86×
Q3 25
1.70×
Q2 25
1.16×
Q1 25
0.71×
Q4 24
0.40×
Q3 24
1.70×
Q2 24
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AS
AS

Americas2$409.6M39%
EMEA1$356.9M34%
Greater China3$205.6M20%
Asia Pacific4$78.2M7%

WWD
WWD

Segment breakdown not available.

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