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Side-by-side financial comparison of Autohome Inc. (ATHM) and INDEPENDENT BANK CORP (INDB). Click either name above to swap in a different company.

Autohome Inc. is the larger business by last-quarter revenue ($249.8M vs $212.5M, roughly 1.2× INDEPENDENT BANK CORP). INDEPENDENT BANK CORP runs the higher net margin — 35.5% vs 23.8%, a 11.7% gap on every dollar of revenue. Over the past eight quarters, INDEPENDENT BANK CORP's revenue compounded faster (24.3% CAGR vs -0.6%).

Autohome Inc. is a leading online destination for automobile consumers in China. Through its websites and mobile apps, it provides professionally produced content, user-generated content, comprehensive vehicle listings, and a suite of services for dealers, automakers, and car buyers, including new and used car listings, financing, insurance, and online transactions.

Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan.

ATHM vs INDB — Head-to-Head

Bigger by revenue
ATHM
ATHM
1.2× larger
ATHM
$249.8M
$212.5M
INDB
Higher net margin
INDB
INDB
11.7% more per $
INDB
35.5%
23.8%
ATHM
Faster 2-yr revenue CAGR
INDB
INDB
Annualised
INDB
24.3%
-0.6%
ATHM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATHM
ATHM
INDB
INDB
Revenue
$249.8M
$212.5M
Net Profit
$59.4M
$75.3M
Gross Margin
63.7%
Operating Margin
8.3%
Net Margin
23.8%
35.5%
Revenue YoY
46.9%
Net Profit YoY
50.6%
EPS (diluted)
$1.51

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
ATHM
ATHM
INDB
INDB
Q4 25
$212.5M
Q3 25
$249.8M
$203.3M
Q2 25
$245.4M
$147.5M
Q1 25
$244.3M
$145.5M
Q4 24
$144.7M
Q3 24
$252.9M
$141.7M
Q2 24
$257.7M
$137.9M
Q1 24
$222.9M
$137.4M
Net Profit
ATHM
ATHM
INDB
INDB
Q4 25
$75.3M
Q3 25
$59.4M
$34.3M
Q2 25
$56.0M
$51.1M
Q1 25
$44.4M
Q4 24
$50.0M
Q3 24
$61.0M
$42.9M
Q2 24
$69.3M
$51.3M
Q1 24
$52.4M
$47.8M
Gross Margin
ATHM
ATHM
INDB
INDB
Q4 25
Q3 25
63.7%
Q2 25
71.4%
Q1 25
Q4 24
Q3 24
77.0%
Q2 24
81.5%
Q1 24
81.3%
Operating Margin
ATHM
ATHM
INDB
INDB
Q4 25
Q3 25
8.3%
21.8%
Q2 25
16.9%
44.6%
Q1 25
13.0%
39.3%
Q4 24
Q3 24
4.7%
39.0%
Q2 24
22.0%
48.1%
Q1 24
17.2%
45.5%
Net Margin
ATHM
ATHM
INDB
INDB
Q4 25
35.5%
Q3 25
23.8%
16.8%
Q2 25
22.8%
34.6%
Q1 25
30.5%
Q4 24
34.6%
Q3 24
24.1%
30.3%
Q2 24
26.9%
37.2%
Q1 24
23.5%
34.8%
EPS (diluted)
ATHM
ATHM
INDB
INDB
Q4 25
$1.51
Q3 25
$0.69
Q2 25
$1.20
Q1 25
$1.04
Q4 24
$1.18
Q3 24
$1.01
Q2 24
$1.21
Q1 24
$1.12

Balance Sheet & Financial Strength

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

Metric
ATHM
ATHM
INDB
INDB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
Total Assets
$24.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
ATHM
ATHM
INDB
INDB
Q4 25
$3.6B
Q3 25
$3.5B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$2.9B
Q1 24
$2.9B
Total Assets
ATHM
ATHM
INDB
INDB
Q4 25
$24.9B
Q3 25
$25.0B
Q2 25
$20.0B
Q1 25
$19.9B
Q4 24
$19.4B
Q3 24
$19.4B
Q2 24
$19.4B
Q1 24
$19.3B

Cash Flow & Capital Efficiency

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

Metric
ATHM
ATHM
INDB
INDB
Operating Cash FlowLast quarter
$78.9M
Free Cash FlowOCF − Capex
$75.5M
FCF MarginFCF / Revenue
35.5%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHM
ATHM
INDB
INDB
Q4 25
$78.9M
Q3 25
$52.2M
Q2 25
$106.7M
Q1 25
$13.3M
Q4 24
$42.9M
Q3 24
$70.2M
Q2 24
$65.6M
Q1 24
$51.1M
Free Cash Flow
ATHM
ATHM
INDB
INDB
Q4 25
$75.5M
Q3 25
$49.7M
Q2 25
$102.5M
Q1 25
$11.3M
Q4 24
$36.5M
Q3 24
$64.4M
Q2 24
$61.9M
Q1 24
$46.7M
FCF Margin
ATHM
ATHM
INDB
INDB
Q4 25
35.5%
Q3 25
24.4%
Q2 25
69.5%
Q1 25
7.8%
Q4 24
25.2%
Q3 24
45.4%
Q2 24
44.9%
Q1 24
34.0%
Capex Intensity
ATHM
ATHM
INDB
INDB
Q4 25
1.6%
Q3 25
1.2%
Q2 25
2.9%
Q1 25
1.4%
Q4 24
4.4%
Q3 24
4.1%
Q2 24
2.7%
Q1 24
3.2%
Cash Conversion
ATHM
ATHM
INDB
INDB
Q4 25
1.05×
Q3 25
1.52×
Q2 25
2.09×
Q1 25
0.30×
Q4 24
0.86×
Q3 24
1.64×
Q2 24
1.28×
Q1 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATHM
ATHM

Online marketplace and others$114.7M46%
Leads generation services$93.2M37%
Media services$41.9M17%

INDB
INDB

Segment breakdown not available.

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