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Side-by-side financial comparison of Bausch Health Companies Inc. (BHC) and Motorola Solutions (MSI). Click either name above to swap in a different company.

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $2.8B, roughly 1.2× Bausch Health Companies Inc.). Motorola Solutions runs the higher net margin — 19.2% vs -3.7%, a 22.9% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 9.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $403.0M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 14.0%).

Bausch Health Companies Inc. is a global, diversified American-Canadian pharmaceutical company. Its global corporate headquarters are located in Laval, Quebec, Canada, and its U.S. headquarters are in Bridgewater, New Jersey. It develops, manufactures and markets a range of pharmaceutical products in gastroenterology, hepatology, neurology, dermatology, dentistry, medical aesthetics, and international pharmaceuticals. Bausch Health manufactures and markets branded pharmaceuticals, generic ph...

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

BHC vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
1.2× larger
MSI
$3.4B
$2.8B
BHC
Growing faster (revenue YoY)
MSI
MSI
+3.0% gap
MSI
12.3%
9.3%
BHC
Higher net margin
MSI
MSI
22.9% more per $
MSI
19.2%
-3.7%
BHC
More free cash flow
MSI
MSI
$739.0M more FCF
MSI
$1.1B
$403.0M
BHC
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
14.0%
BHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHC
BHC
MSI
MSI
Revenue
$2.8B
$3.4B
Net Profit
$-103.0M
$649.0M
Gross Margin
52.3%
Operating Margin
17.0%
27.9%
Net Margin
-3.7%
19.2%
Revenue YoY
9.3%
12.3%
Net Profit YoY
-205.1%
6.2%
EPS (diluted)
$-0.30
$3.85

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
BHC
BHC
MSI
MSI
Q4 25
$2.8B
$3.4B
Q3 25
$2.7B
$3.0B
Q2 25
$2.5B
$2.8B
Q1 25
$2.3B
$2.5B
Q4 24
$2.6B
$3.0B
Q3 24
$2.5B
$2.8B
Q2 24
$2.4B
$2.6B
Q1 24
$2.2B
$2.4B
Net Profit
BHC
BHC
MSI
MSI
Q4 25
$-103.0M
$649.0M
Q3 25
$179.0M
$562.0M
Q2 25
$148.0M
$513.0M
Q1 25
$-58.0M
$430.0M
Q4 24
$98.0M
$611.0M
Q3 24
$-85.0M
$562.0M
Q2 24
$10.0M
$443.0M
Q1 24
$-64.0M
$-39.0M
Gross Margin
BHC
BHC
MSI
MSI
Q4 25
52.3%
Q3 25
51.6%
Q2 25
51.1%
Q1 25
51.4%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
Q1 24
49.9%
Operating Margin
BHC
BHC
MSI
MSI
Q4 25
17.0%
27.9%
Q3 25
23.1%
25.6%
Q2 25
17.5%
25.0%
Q1 25
12.2%
23.0%
Q4 24
21.8%
27.0%
Q3 24
12.7%
25.5%
Q2 24
16.2%
24.5%
Q1 24
13.1%
21.7%
Net Margin
BHC
BHC
MSI
MSI
Q4 25
-3.7%
19.2%
Q3 25
6.7%
18.7%
Q2 25
5.8%
18.6%
Q1 25
-2.6%
17.0%
Q4 24
3.8%
20.3%
Q3 24
-3.4%
20.1%
Q2 24
0.4%
16.9%
Q1 24
-3.0%
-1.6%
EPS (diluted)
BHC
BHC
MSI
MSI
Q4 25
$-0.30
$3.85
Q3 25
$0.48
$3.33
Q2 25
$0.40
$3.04
Q1 25
$-0.16
$2.53
Q4 24
$0.24
$3.57
Q3 24
$-0.23
$3.29
Q2 24
$0.03
$2.60
Q1 24
$-0.17
$-0.23

Balance Sheet & Financial Strength

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

Metric
BHC
BHC
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.2B
Total DebtLower is stronger
$20.8B
Stockholders' EquityBook value
$-554.0M
$2.4B
Total Assets
$26.4B
$19.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHC
BHC
MSI
MSI
Q4 25
$1.3B
$1.2B
Q3 25
$1.3B
$894.0M
Q2 25
$1.7B
$3.2B
Q1 25
$1.1B
$1.6B
Q4 24
$1.2B
$2.1B
Q3 24
$719.0M
$1.4B
Q2 24
$595.0M
$1.4B
Q1 24
$733.0M
$1.5B
Total Debt
BHC
BHC
MSI
MSI
Q4 25
$20.8B
Q3 25
$21.0B
Q2 25
$21.7B
Q1 25
$21.5B
Q4 24
$21.6B
Q3 24
$21.5B
Q2 24
$21.7B
Q1 24
$22.1B
Stockholders' Equity
BHC
BHC
MSI
MSI
Q4 25
$-554.0M
$2.4B
Q3 25
$-565.0M
$2.3B
Q2 25
$-764.0M
$2.0B
Q1 25
$-1.2B
$1.6B
Q4 24
$-1.3B
$1.7B
Q3 24
$-1.2B
$1.3B
Q2 24
$-1.2B
$802.0M
Q1 24
$-1.1B
$521.0M
Total Assets
BHC
BHC
MSI
MSI
Q4 25
$26.4B
$19.4B
Q3 25
$26.8B
$18.8B
Q2 25
$27.3B
$16.4B
Q1 25
$26.4B
$14.4B
Q4 24
$26.5B
$14.6B
Q3 24
$26.5B
$13.9B
Q2 24
$26.5B
$13.3B
Q1 24
$26.9B
$13.3B

Cash Flow & Capital Efficiency

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

Metric
BHC
BHC
MSI
MSI
Operating Cash FlowLast quarter
$495.0M
$1.3B
Free Cash FlowOCF − Capex
$403.0M
$1.1B
FCF MarginFCF / Revenue
14.4%
33.8%
Capex IntensityCapex / Revenue
3.3%
3.4%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHC
BHC
MSI
MSI
Q4 25
$495.0M
$1.3B
Q3 25
$405.0M
$798.0M
Q2 25
$289.0M
$273.0M
Q1 25
$211.0M
$510.0M
Q4 24
$601.0M
$1.1B
Q3 24
$405.0M
$759.0M
Q2 24
$380.0M
$180.0M
Q1 24
$211.0M
$382.0M
Free Cash Flow
BHC
BHC
MSI
MSI
Q4 25
$403.0M
$1.1B
Q3 25
$314.0M
$732.0M
Q2 25
$190.0M
$225.0M
Q1 25
$96.0M
$473.0M
Q4 24
$495.0M
$984.0M
Q3 24
$334.0M
$702.0M
Q2 24
$302.0M
$112.0M
Q1 24
$129.0M
$336.0M
FCF Margin
BHC
BHC
MSI
MSI
Q4 25
14.4%
33.8%
Q3 25
11.7%
24.3%
Q2 25
7.5%
8.1%
Q1 25
4.2%
18.7%
Q4 24
19.3%
32.7%
Q3 24
13.3%
25.2%
Q2 24
12.6%
4.3%
Q1 24
6.0%
14.1%
Capex Intensity
BHC
BHC
MSI
MSI
Q4 25
3.3%
3.4%
Q3 25
3.4%
2.2%
Q2 25
3.9%
1.7%
Q1 25
5.1%
1.5%
Q4 24
4.1%
2.9%
Q3 24
2.8%
2.0%
Q2 24
3.2%
2.6%
Q1 24
3.8%
1.9%
Cash Conversion
BHC
BHC
MSI
MSI
Q4 25
1.94×
Q3 25
2.26×
1.42×
Q2 25
1.95×
0.53×
Q1 25
1.19×
Q4 24
6.13×
1.75×
Q3 24
1.35×
Q2 24
38.00×
0.41×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BHC
BHC

Bausch Lomb$1.4B50%
Salix Segment$693.0M25%
International Rx$306.0M11%
Diversified Segment$255.0M9%
Solta Medical Segment$137.0M5%

MSI
MSI

Product And Systems Integration Segment$1.5B45%
Services And Software Segment$833.0M25%
Sales Channel Through Intermediary$772.0M23%
Command Center Software$258.0M8%

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