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Side-by-side financial comparison of Axos Financial, Inc. (AX) and Enhabit, Inc. (EHAB). Click either name above to swap in a different company.
Axos Financial, Inc. is the larger business by last-quarter revenue ($392.2M vs $270.4M, roughly 1.5× Enhabit, Inc.). Axos Financial, Inc. runs the higher net margin — 31.8% vs -14.3%, a 46.1% gap on every dollar of revenue. Over the past eight quarters, Axos Financial, Inc.'s revenue compounded faster (16.1% CAGR vs 1.5%).
Axos Financial is an American bank holding company based in Las Vegas, Nevada and is the parent of Axos Bank, a direct bank. It also offers registered investment adviser services and an electronic trading platform.
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
AX vs EHAB — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.2M | $270.4M |
| Net Profit | $124.7M | $-38.7M |
| Gross Margin | — | — |
| Operating Margin | — | -12.3% |
| Net Margin | 31.8% | -14.3% |
| Revenue YoY | — | 4.7% |
| Net Profit YoY | 18.5% | 15.9% |
| EPS (diluted) | $2.15 | $-0.76 |
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.
| Q1 26 | $392.2M | — | ||
| Q4 25 | $385.1M | $270.4M | ||
| Q3 25 | $323.4M | $263.6M | ||
| Q2 25 | $321.4M | $266.1M | ||
| Q1 25 | $308.8M | $259.9M | ||
| Q4 24 | $307.9M | $258.2M | ||
| Q3 24 | $320.7M | $253.6M | ||
| Q2 24 | $290.9M | $260.6M |
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $-38.7M | ||
| Q3 25 | $112.4M | $11.1M | ||
| Q2 25 | $110.7M | $5.2M | ||
| Q1 25 | $105.2M | $17.8M | ||
| Q4 24 | $104.7M | $-46.0M | ||
| Q3 24 | $112.3M | $-110.2M | ||
| Q2 24 | $104.9M | $-200.0K |
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | -12.3% | ||
| Q3 25 | 46.3% | 6.4% | ||
| Q2 25 | 48.5% | 6.3% | ||
| Q1 25 | 47.9% | 6.1% | ||
| Q4 24 | 48.8% | -16.0% | ||
| Q3 24 | 49.6% | -38.6% | ||
| Q2 24 | 49.6% | 4.3% |
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | -14.3% | ||
| Q3 25 | 34.7% | 4.2% | ||
| Q2 25 | 34.4% | 2.0% | ||
| Q1 25 | 34.1% | 6.8% | ||
| Q4 24 | 34.0% | -17.8% | ||
| Q3 24 | 35.0% | -43.5% | ||
| Q2 24 | 36.0% | -0.1% |
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $-0.76 | ||
| Q3 25 | $1.94 | $0.22 | ||
| Q2 25 | $1.89 | $0.10 | ||
| Q1 25 | $1.81 | $0.35 | ||
| Q4 24 | $1.80 | $-0.92 | ||
| Q3 24 | $1.93 | $-2.20 | ||
| Q2 24 | $1.75 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $43.6M |
| Total DebtLower is stronger | — | $426.0M |
| Stockholders' EquityBook value | $3.1B | $534.0M |
| Total Assets | $29.2B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.80× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $43.6M | ||
| Q3 25 | $2.6B | $56.9M | ||
| Q2 25 | $1.9B | $37.1M | ||
| Q1 25 | $2.0B | $39.5M | ||
| Q4 24 | $2.4B | $28.4M | ||
| Q3 24 | $2.6B | $45.7M | ||
| Q2 24 | $2.0B | $28.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $426.0M | ||
| Q3 25 | — | $441.5M | ||
| Q2 25 | $312.7M | $456.9M | ||
| Q1 25 | $377.4M | $467.3M | ||
| Q4 24 | $358.7M | $492.6M | ||
| Q3 24 | $313.5M | $502.9M | ||
| Q2 24 | $325.7M | $512.7M |
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $534.0M | ||
| Q3 25 | $2.8B | $566.8M | ||
| Q2 25 | $2.7B | $552.4M | ||
| Q1 25 | $2.6B | $543.2M | ||
| Q4 24 | $2.5B | $523.5M | ||
| Q3 24 | $2.4B | $566.1M | ||
| Q2 24 | $2.3B | $674.3M |
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $1.2B | ||
| Q3 25 | $27.4B | $1.2B | ||
| Q2 25 | $24.8B | $1.2B | ||
| Q1 25 | $24.0B | $1.2B | ||
| Q4 24 | $23.7B | $1.2B | ||
| Q3 24 | $23.6B | $1.3B | ||
| Q2 24 | $22.9B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | 0.12× | 0.83× | ||
| Q1 25 | 0.14× | 0.86× | ||
| Q4 24 | 0.14× | 0.94× | ||
| Q3 24 | 0.13× | 0.89× | ||
| Q2 24 | 0.14× | 0.76× |
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 | — | $4.4M |
| Free Cash FlowOCF − Capex | — | $3.3M |
| FCF MarginFCF / Revenue | — | 1.2% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $4.4M | ||
| Q3 25 | $118.4M | $37.8M | ||
| Q2 25 | $490.3M | $10.6M | ||
| Q1 25 | $73.7M | $17.9M | ||
| Q4 24 | $162.5M | $-4.1M | ||
| Q3 24 | $70.8M | $28.4M | ||
| Q2 24 | $305.5M | $9.6M |
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $3.3M | ||
| Q3 25 | $109.3M | $36.2M | ||
| Q2 25 | $436.1M | $8.7M | ||
| Q1 25 | $65.1M | $17.6M | ||
| Q4 24 | $156.4M | $-4.7M | ||
| Q3 24 | $53.0M | $27.7M | ||
| Q2 24 | $269.5M | $8.9M |
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 1.2% | ||
| Q3 25 | 33.8% | 13.7% | ||
| Q2 25 | 135.7% | 3.3% | ||
| Q1 25 | 21.1% | 6.8% | ||
| Q4 24 | 50.8% | -1.8% | ||
| Q3 24 | 16.5% | 10.9% | ||
| Q2 24 | 92.6% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 0.4% | ||
| Q3 25 | 2.8% | 0.6% | ||
| Q2 25 | 16.9% | 0.7% | ||
| Q1 25 | 2.8% | 0.1% | ||
| Q4 24 | 2.0% | 0.2% | ||
| Q3 24 | 5.5% | 0.3% | ||
| Q2 24 | 12.4% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 1.05× | 3.41× | ||
| Q2 25 | 4.43× | 2.04× | ||
| Q1 25 | 0.70× | 1.01× | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 2.91× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |
