vs

Side-by-side financial comparison of AVANOS MEDICAL, INC. (AVNS) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

AVANOS MEDICAL, INC. is the larger business by last-quarter revenue ($180.9M vs $142.2M, roughly 1.3× Ranger Energy Services, Inc.). Ranger Energy Services, Inc. runs the higher net margin — 2.3% vs -0.7%, a 3.0% gap on every dollar of revenue. On growth, AVANOS MEDICAL, INC. posted the faster year-over-year revenue change (0.7% vs -0.6%). AVANOS MEDICAL, INC. produced more free cash flow last quarter ($21.3M vs $17.1M). Over the past eight quarters, AVANOS MEDICAL, INC.'s revenue compounded faster (4.4% CAGR vs 1.9%).

Avanos Medical, Inc. is a medical technology company making clinical medical devices. The company consists of two franchises – Pain Management and Chronic Care – that address reducing the use of opioids while helping patients recover faster and preventing infection.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

AVNS vs RNGR — Head-to-Head

Bigger by revenue
AVNS
AVNS
1.3× larger
AVNS
$180.9M
$142.2M
RNGR
Growing faster (revenue YoY)
AVNS
AVNS
+1.4% gap
AVNS
0.7%
-0.6%
RNGR
Higher net margin
RNGR
RNGR
3.0% more per $
RNGR
2.3%
-0.7%
AVNS
More free cash flow
AVNS
AVNS
$4.2M more FCF
AVNS
$21.3M
$17.1M
RNGR
Faster 2-yr revenue CAGR
AVNS
AVNS
Annualised
AVNS
4.4%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNS
AVNS
RNGR
RNGR
Revenue
$180.9M
$142.2M
Net Profit
$-1.3M
$3.2M
Gross Margin
47.5%
Operating Margin
1.4%
2.3%
Net Margin
-0.7%
2.3%
Revenue YoY
0.7%
-0.6%
Net Profit YoY
99.7%
-44.8%
EPS (diluted)
$-0.02
$0.14

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
AVNS
AVNS
RNGR
RNGR
Q4 25
$180.9M
$142.2M
Q3 25
$177.8M
$128.9M
Q2 25
$175.0M
$140.6M
Q1 25
$167.5M
$135.2M
Q4 24
$179.6M
$143.1M
Q3 24
$170.4M
$153.0M
Q2 24
$171.7M
$138.1M
Q1 24
$166.1M
$136.9M
Net Profit
AVNS
AVNS
RNGR
RNGR
Q4 25
$-1.3M
$3.2M
Q3 25
$-1.4M
$1.2M
Q2 25
$-76.8M
$7.3M
Q1 25
$6.6M
$600.0K
Q4 24
$-397.3M
$5.8M
Q3 24
$4.3M
$8.7M
Q2 24
$1.8M
$4.7M
Q1 24
$-900.0K
$-800.0K
Gross Margin
AVNS
AVNS
RNGR
RNGR
Q4 25
47.5%
Q3 25
48.4%
Q2 25
52.6%
Q1 25
53.6%
Q4 24
54.6%
Q3 24
54.5%
Q2 24
55.7%
Q1 24
57.1%
Operating Margin
AVNS
AVNS
RNGR
RNGR
Q4 25
1.4%
2.3%
Q3 25
0.1%
2.0%
Q2 25
-42.6%
6.1%
Q1 25
6.1%
0.7%
Q4 24
-233.0%
6.2%
Q3 24
7.0%
8.4%
Q2 24
3.7%
5.3%
Q1 24
2.4%
-0.4%
Net Margin
AVNS
AVNS
RNGR
RNGR
Q4 25
-0.7%
2.3%
Q3 25
-0.8%
0.9%
Q2 25
-43.9%
5.2%
Q1 25
3.9%
0.4%
Q4 24
-221.2%
4.1%
Q3 24
2.5%
5.7%
Q2 24
1.0%
3.4%
Q1 24
-0.5%
-0.6%
EPS (diluted)
AVNS
AVNS
RNGR
RNGR
Q4 25
$-0.02
$0.14
Q3 25
$-0.03
$0.05
Q2 25
$-1.66
$0.32
Q1 25
$0.14
$0.03
Q4 24
$-8.64
$0.24
Q3 24
$0.09
$0.39
Q2 24
$0.04
$0.21
Q1 24
$-0.02
$-0.03

Balance Sheet & Financial Strength

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

Metric
AVNS
AVNS
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$89.8M
$10.3M
Total DebtLower is stronger
$90.3M
Stockholders' EquityBook value
$778.2M
$300.1M
Total Assets
$1.1B
$419.3M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNS
AVNS
RNGR
RNGR
Q4 25
$89.8M
$10.3M
Q3 25
$70.5M
$45.2M
Q2 25
$90.3M
$48.9M
Q1 25
$97.0M
$40.3M
Q4 24
$107.7M
$40.9M
Q3 24
$89.0M
$14.8M
Q2 24
$92.2M
$8.7M
Q1 24
$75.8M
$11.1M
Total Debt
AVNS
AVNS
RNGR
RNGR
Q4 25
$90.3M
Q3 25
$93.4M
Q2 25
$95.7M
Q1 25
$98.0M
Q4 24
$125.3M
$0
Q3 24
$152.6M
$0
Q2 24
$164.9M
$0
Q1 24
$167.2M
$0
Stockholders' Equity
AVNS
AVNS
RNGR
RNGR
Q4 25
$778.2M
$300.1M
Q3 25
$778.0M
$270.0M
Q2 25
$776.3M
$276.9M
Q1 25
$839.4M
$272.6M
Q4 24
$828.5M
$273.8M
Q3 24
$1.2B
$267.6M
Q2 24
$1.2B
$260.5M
Q1 24
$1.2B
$261.7M
Total Assets
AVNS
AVNS
RNGR
RNGR
Q4 25
$1.1B
$419.3M
Q3 25
$1.1B
$372.8M
Q2 25
$1.0B
$381.7M
Q1 25
$1.1B
$376.5M
Q4 24
$1.2B
$381.6M
Q3 24
$1.7B
$373.9M
Q2 24
$1.7B
$359.6M
Q1 24
$1.7B
$355.5M
Debt / Equity
AVNS
AVNS
RNGR
RNGR
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.15×
0.00×
Q3 24
0.12×
0.00×
Q2 24
0.13×
0.00×
Q1 24
0.14×
0.00×

Cash Flow & Capital Efficiency

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

Metric
AVNS
AVNS
RNGR
RNGR
Operating Cash FlowLast quarter
$28.2M
$24.1M
Free Cash FlowOCF − Capex
$21.3M
$17.1M
FCF MarginFCF / Revenue
11.8%
12.0%
Capex IntensityCapex / Revenue
3.8%
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNS
AVNS
RNGR
RNGR
Q4 25
$28.2M
$24.1M
Q3 25
$14.0M
$13.6M
Q2 25
$6.8M
$20.7M
Q1 25
$25.7M
$10.6M
Q4 24
$57.9M
$32.7M
Q3 24
$23.0M
$17.7M
Q2 24
$27.8M
$22.1M
Q1 24
$-8.0M
$12.0M
Free Cash Flow
AVNS
AVNS
RNGR
RNGR
Q4 25
$21.3M
$17.1M
Q3 25
$7.0M
$8.0M
Q2 25
$-4.2M
$14.4M
Q1 25
$19.0M
$3.4M
Q4 24
$53.1M
$27.3M
Q3 24
$20.0M
$10.8M
Q2 24
$21.9M
$6.8M
Q1 24
$-12.1M
$5.5M
FCF Margin
AVNS
AVNS
RNGR
RNGR
Q4 25
11.8%
12.0%
Q3 25
3.9%
6.2%
Q2 25
-2.4%
10.2%
Q1 25
11.3%
2.5%
Q4 24
29.6%
19.1%
Q3 24
11.7%
7.1%
Q2 24
12.8%
4.9%
Q1 24
-7.3%
4.0%
Capex Intensity
AVNS
AVNS
RNGR
RNGR
Q4 25
3.8%
4.9%
Q3 25
3.9%
4.3%
Q2 25
6.3%
4.5%
Q1 25
4.0%
5.3%
Q4 24
2.7%
3.8%
Q3 24
1.8%
4.5%
Q2 24
3.4%
11.1%
Q1 24
2.5%
4.7%
Cash Conversion
AVNS
AVNS
RNGR
RNGR
Q4 25
7.53×
Q3 25
11.33×
Q2 25
2.84×
Q1 25
3.89×
17.67×
Q4 24
5.64×
Q3 24
5.35×
2.03×
Q2 24
15.44×
4.70×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVNS
AVNS

Enteral Feeding$83.0M46%
Radiofrequency Ablation$36.9M20%
Neonate Solutions$32.1M18%
Surgical Pain And Recovery$24.7M14%
Corporate Other$4.2M2%

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

Related Comparisons