vs
Side-by-side financial comparison of Adtalem Global Education Inc. (ATGE) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Adtalem Global Education Inc. is the larger business by last-quarter revenue ($503.4M vs $260.4M, roughly 1.9× Smith Douglas Homes Corp.). Adtalem Global Education Inc. runs the higher net margin — 15.2% vs 1.4%, a 13.8% gap on every dollar of revenue. On growth, Adtalem Global Education Inc. posted the faster year-over-year revenue change (12.4% vs -9.4%). Adtalem Global Education Inc. produced more free cash flow last quarter ($15.1M vs $8.7M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs 10.4%).
Adtalem Global Education Inc. is a US corporation based in Chicago, Illinois, that operates for-profit higher education institutions, including American University of the Caribbean School of Medicine, Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and Walden University.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
ATGE vs SDHC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $503.4M | $260.4M |
| Net Profit | $76.4M | $3.5M |
| Gross Margin | 59.2% | 19.9% |
| Operating Margin | 22.1% | 6.5% |
| Net Margin | 15.2% | 1.4% |
| Revenue YoY | 12.4% | -9.4% |
| Net Profit YoY | 0.7% | -14.3% |
| EPS (diluted) | $2.11 | $0.39 |
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.
| Q4 25 | $503.4M | $260.4M | ||
| Q3 25 | $462.3M | $262.0M | ||
| Q2 25 | $457.1M | $223.9M | ||
| Q1 25 | $466.1M | $224.7M | ||
| Q4 24 | $447.7M | $287.5M | ||
| Q3 24 | $417.4M | $277.8M | ||
| Q2 24 | $409.9M | $220.9M | ||
| Q1 24 | $412.7M | $189.2M |
| Q4 25 | $76.4M | $3.5M | ||
| Q3 25 | $61.8M | $2.1M | ||
| Q2 25 | $54.2M | $2.4M | ||
| Q1 25 | $60.8M | $2.7M | ||
| Q4 24 | $75.9M | $4.1M | ||
| Q3 24 | $46.2M | $5.3M | ||
| Q2 24 | $49.4M | $3.6M | ||
| Q1 24 | $36.8M | $3.0M |
| Q4 25 | 59.2% | 19.9% | ||
| Q3 25 | 56.6% | 21.0% | ||
| Q2 25 | 56.5% | 23.2% | ||
| Q1 25 | 57.1% | 23.8% | ||
| Q4 24 | 58.3% | 25.5% | ||
| Q3 24 | 55.4% | 26.5% | ||
| Q2 24 | 55.5% | 26.7% | ||
| Q1 24 | 57.5% | 26.1% |
| Q4 25 | 22.1% | 6.5% | ||
| Q3 25 | 18.5% | 6.6% | ||
| Q2 25 | 16.8% | 7.7% | ||
| Q1 25 | 19.4% | 8.7% | ||
| Q4 24 | 23.2% | 10.4% | ||
| Q3 24 | 16.8% | 14.2% | ||
| Q2 24 | 16.7% | 11.7% | ||
| Q1 24 | 15.0% | 11.3% |
| Q4 25 | 15.2% | 1.4% | ||
| Q3 25 | 13.4% | 0.8% | ||
| Q2 25 | 11.9% | 1.1% | ||
| Q1 25 | 13.1% | 1.2% | ||
| Q4 24 | 16.9% | 1.4% | ||
| Q3 24 | 11.1% | 1.9% | ||
| Q2 24 | 12.1% | 1.7% | ||
| Q1 24 | 8.9% | 1.6% |
| Q4 25 | $2.11 | $0.39 | ||
| Q3 25 | $1.67 | $0.24 | ||
| Q2 25 | $1.43 | $0.26 | ||
| Q1 25 | $1.59 | $0.30 | ||
| Q4 24 | $1.98 | $0.50 | ||
| Q3 24 | $1.18 | $0.58 | ||
| Q2 24 | $1.23 | $0.40 | ||
| Q1 24 | $0.93 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $56.3M | $12.7M |
| Total DebtLower is stronger | $504.3M | — |
| Stockholders' EquityBook value | $1.4B | $86.7M |
| Total Assets | $2.6B | $557.6M |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $56.3M | $12.7M | ||
| Q3 25 | $264.7M | $14.8M | ||
| Q2 25 | $199.6M | $16.8M | ||
| Q1 25 | $219.0M | $12.7M | ||
| Q4 24 | $194.0M | $22.4M | ||
| Q3 24 | $264.8M | $23.7M | ||
| Q2 24 | $219.3M | $17.3M | ||
| Q1 24 | $179.8M | $32.8M |
| Q4 25 | $504.3M | — | ||
| Q3 25 | $553.2M | — | ||
| Q2 25 | $552.7M | — | ||
| Q1 25 | $552.2M | — | ||
| Q4 24 | $649.9M | — | ||
| Q3 24 | $649.3M | — | ||
| Q2 24 | $648.7M | — | ||
| Q1 24 | $648.1M | — |
| Q4 25 | $1.4B | $86.7M | ||
| Q3 25 | $1.5B | $82.2M | ||
| Q2 25 | $1.4B | $80.0M | ||
| Q1 25 | $1.4B | $76.9M | ||
| Q4 24 | $1.4B | $73.6M | ||
| Q3 24 | $1.4B | $68.4M | ||
| Q2 24 | $1.4B | $62.1M | ||
| Q1 24 | $1.3B | $59.7M |
| Q4 25 | $2.6B | $557.6M | ||
| Q3 25 | $2.9B | $571.6M | ||
| Q2 25 | $2.8B | $570.2M | ||
| Q1 25 | $2.8B | $513.9M | ||
| Q4 24 | $2.7B | $475.9M | ||
| Q3 24 | $2.8B | $460.1M | ||
| Q2 24 | $2.7B | $429.3M | ||
| Q1 24 | $2.7B | $401.3M |
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.47× | — | ||
| Q1 24 | 0.49× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.7M | $9.8M |
| Free Cash FlowOCF − Capex | $15.1M | $8.7M |
| FCF MarginFCF / Revenue | 3.0% | 3.4% |
| Capex IntensityCapex / Revenue | 2.9% | 0.4% |
| Cash ConversionOCF / Net Profit | 0.39× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $368.0M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | $9.8M | ||
| Q3 25 | $130.5M | $22.8M | ||
| Q2 25 | $59.7M | $-28.9M | ||
| Q1 25 | $207.9M | $-34.9M | ||
| Q4 24 | $-19.0M | $5.5M | ||
| Q3 24 | $89.3M | $22.9M | ||
| Q2 24 | $40.6M | $39.0K | ||
| Q1 24 | $162.6M | $-9.3M |
| Q4 25 | $15.1M | $8.7M | ||
| Q3 25 | $114.5M | $21.4M | ||
| Q2 25 | $40.7M | $-31.1M | ||
| Q1 25 | $197.7M | $-35.9M | ||
| Q4 24 | $-29.7M | $4.8M | ||
| Q3 24 | $78.9M | $22.3M | ||
| Q2 24 | $37.4M | $-2.1M | ||
| Q1 24 | $140.9M | $-9.7M |
| Q4 25 | 3.0% | 3.4% | ||
| Q3 25 | 24.8% | 8.2% | ||
| Q2 25 | 8.9% | -13.9% | ||
| Q1 25 | 42.4% | -16.0% | ||
| Q4 24 | -6.6% | 1.7% | ||
| Q3 24 | 18.9% | 8.0% | ||
| Q2 24 | 9.1% | -1.0% | ||
| Q1 24 | 34.2% | -5.1% |
| Q4 25 | 2.9% | 0.4% | ||
| Q3 25 | 3.5% | 0.5% | ||
| Q2 25 | 4.2% | 0.9% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | 2.4% | 0.2% | ||
| Q3 24 | 2.5% | 0.2% | ||
| Q2 24 | 0.8% | 1.0% | ||
| Q1 24 | 5.3% | 0.2% |
| Q4 25 | 0.39× | 2.77× | ||
| Q3 25 | 2.11× | 10.70× | ||
| Q2 25 | 1.10× | -12.24× | ||
| Q1 25 | 3.42× | -13.01× | ||
| Q4 24 | -0.25× | 1.33× | ||
| Q3 24 | 1.93× | 4.28× | ||
| Q2 24 | 0.82× | 0.01× | ||
| Q1 24 | 4.42× | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATGE
| Walden University Segment | $217.6M | 43% |
| Chamberlain University Segment | $183.8M | 37% |
| Medical And Veterinary | $102.0M | 20% |
| Other Services | $1.6M | 0% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
