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Side-by-side financial comparison of Blue Bird Corp (BLBD) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $270.8M, roughly 1.2× HUTCHMED (China) Ltd). Blue Bird Corp runs the higher net margin — 9.2% vs 0.7%, a 8.5% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -16.5%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $3.4M).

The Blue Bird Corporation is an American bus manufacturer. Headquartered in Fort Valley, Georgia, the company was best known for its production of school buses. The company has also manufactured a wide variety of other bus types, including transit buses, motorhomes, and specialty vehicles such as mobile libraries and mobile police command centers.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

BLBD vs HCM — Head-to-Head

Bigger by revenue
BLBD
BLBD
1.2× larger
BLBD
$333.1M
$270.8M
HCM
Growing faster (revenue YoY)
BLBD
BLBD
+22.7% gap
BLBD
6.1%
-16.5%
HCM
Higher net margin
BLBD
BLBD
8.5% more per $
BLBD
9.2%
0.7%
HCM
More free cash flow
BLBD
BLBD
$27.8M more FCF
BLBD
$31.1M
$3.4M
HCM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BLBD
BLBD
HCM
HCM
Revenue
$333.1M
$270.8M
Net Profit
$30.8M
$2.0M
Gross Margin
21.4%
37.7%
Operating Margin
11.3%
-13.2%
Net Margin
9.2%
0.7%
Revenue YoY
6.1%
-16.5%
Net Profit YoY
7.1%
-83.6%
EPS (diluted)
$0.94
$0.00

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
BLBD
BLBD
HCM
HCM
Q4 25
$333.1M
$270.8M
Q3 25
$409.4M
Q2 25
$398.0M
$277.7M
Q1 25
$358.9M
$324.5M
Q4 24
$313.9M
Q3 24
$350.2M
Q2 24
$333.4M
$305.7M
Q1 24
$345.9M
Net Profit
BLBD
BLBD
HCM
HCM
Q4 25
$30.8M
$2.0M
Q3 25
$36.5M
Q2 25
$36.5M
$455.0M
Q1 25
$26.0M
$11.9M
Q4 24
$28.7M
Q3 24
$24.7M
Q2 24
$28.7M
$25.8M
Q1 24
$26.0M
Gross Margin
BLBD
BLBD
HCM
HCM
Q4 25
21.4%
37.7%
Q3 25
21.1%
Q2 25
21.6%
0.1%
Q1 25
19.7%
48.0%
Q4 24
19.2%
Q3 24
17.0%
Q2 24
20.8%
41.1%
Q1 24
18.4%
Operating Margin
BLBD
BLBD
HCM
HCM
Q4 25
11.3%
-13.2%
Q3 25
12.3%
Q2 25
12.6%
-1.3%
Q1 25
9.4%
-5.0%
Q4 24
10.5%
Q3 24
7.3%
Q2 24
11.9%
-9.0%
Q1 24
10.4%
Net Margin
BLBD
BLBD
HCM
HCM
Q4 25
9.2%
0.7%
Q3 25
8.9%
Q2 25
9.2%
163.8%
Q1 25
7.3%
3.7%
Q4 24
9.2%
Q3 24
7.0%
Q2 24
8.6%
8.4%
Q1 24
7.5%
EPS (diluted)
BLBD
BLBD
HCM
HCM
Q4 25
$0.94
$0.00
Q3 25
$1.11
Q2 25
$1.12
$0.52
Q1 25
$0.79
$0.01
Q4 24
$0.86
Q3 24
$0.71
Q2 24
$0.85
$0.03
Q1 24
$0.79

Balance Sheet & Financial Strength

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

Metric
BLBD
BLBD
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$241.7M
$1.4B
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$271.4M
$1.2B
Total Assets
$642.3M
$1.8B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLBD
BLBD
HCM
HCM
Q4 25
$241.7M
$1.4B
Q3 25
$229.3M
Q2 25
$173.1M
$1.4B
Q1 25
$130.7M
$836.1M
Q4 24
$136.1M
Q3 24
$127.7M
Q2 24
$88.4M
$802.5M
Q1 24
$93.1M
Total Debt
BLBD
BLBD
HCM
HCM
Q4 25
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
BLBD
BLBD
HCM
HCM
Q4 25
$271.4M
$1.2B
Q3 25
$255.4M
Q2 25
$221.8M
$1.2B
Q1 25
$190.4M
$759.9M
Q4 24
$179.7M
Q3 24
$159.6M
Q2 24
$137.3M
$740.1M
Q1 24
$105.8M
Total Assets
BLBD
BLBD
HCM
HCM
Q4 25
$642.3M
$1.8B
Q3 25
$625.3M
Q2 25
$575.5M
$1.8B
Q1 25
$543.7M
$1.3B
Q4 24
$535.2M
Q3 24
$524.9M
Q2 24
$468.1M
$1.3B
Q1 24
$456.5M
Debt / Equity
BLBD
BLBD
HCM
HCM
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BLBD
BLBD
HCM
HCM
Operating Cash FlowLast quarter
$36.6M
$8.2M
Free Cash FlowOCF − Capex
$31.1M
$3.4M
FCF MarginFCF / Revenue
9.3%
1.2%
Capex IntensityCapex / Revenue
1.6%
1.8%
Cash ConversionOCF / Net Profit
1.19×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$162.6M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLBD
BLBD
HCM
HCM
Q4 25
$36.6M
$8.2M
Q3 25
$65.1M
Q2 25
$56.9M
$-72.9M
Q1 25
$27.8M
$40.3M
Q4 24
$26.4M
Q3 24
$55.4M
Q2 24
$989.0K
$-39.8M
Q1 24
$54.6M
Free Cash Flow
BLBD
BLBD
HCM
HCM
Q4 25
$31.1M
$3.4M
Q3 25
$60.5M
Q2 25
$52.3M
$-82.2M
Q1 25
$18.7M
$32.5M
Q4 24
$21.8M
Q3 24
$50.2M
Q2 24
$-3.5M
$-49.9M
Q1 24
$51.8M
FCF Margin
BLBD
BLBD
HCM
HCM
Q4 25
9.3%
1.2%
Q3 25
14.8%
Q2 25
13.1%
-29.6%
Q1 25
5.2%
10.0%
Q4 24
7.0%
Q3 24
14.3%
Q2 24
-1.1%
-16.3%
Q1 24
15.0%
Capex Intensity
BLBD
BLBD
HCM
HCM
Q4 25
1.6%
1.8%
Q3 25
1.1%
Q2 25
1.2%
3.3%
Q1 25
2.5%
2.4%
Q4 24
1.5%
Q3 24
1.5%
Q2 24
1.3%
3.3%
Q1 24
0.8%
Cash Conversion
BLBD
BLBD
HCM
HCM
Q4 25
1.19×
4.21×
Q3 25
1.78×
Q2 25
1.56×
-0.16×
Q1 25
1.07×
3.38×
Q4 24
0.92×
Q3 24
2.24×
Q2 24
0.03×
-1.54×
Q1 24
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLBD
BLBD

Alternative Fuel Buses$151.4M45%
Diesel Buses$144.9M43%
Parts$24.8M7%
Other$12.1M4%

HCM
HCM

Segment breakdown not available.

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