vs

Side-by-side financial comparison of Blue Bird Corp (BLBD) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.

Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $295.0M, roughly 1.1× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs 9.2%, a 6.8% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -19.7%). Over the past eight quarters, Blue Bird Corp's revenue compounded faster (-1.9% CAGR vs -9.4%).

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.

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

BLBD vs HWC — Head-to-Head

Bigger by revenue
BLBD
BLBD
1.1× larger
BLBD
$333.1M
$295.0M
HWC
Growing faster (revenue YoY)
BLBD
BLBD
+25.8% gap
BLBD
6.1%
-19.7%
HWC
Higher net margin
HWC
HWC
6.8% more per $
HWC
16.1%
9.2%
BLBD
Faster 2-yr revenue CAGR
BLBD
BLBD
Annualised
BLBD
-1.9%
-9.4%
HWC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLBD
BLBD
HWC
HWC
Revenue
$333.1M
$295.0M
Net Profit
$30.8M
$47.4M
Gross Margin
21.4%
Operating Margin
11.3%
Net Margin
9.2%
16.1%
Revenue YoY
6.1%
-19.7%
Net Profit YoY
7.1%
-60.3%
EPS (diluted)
$0.94
$0.57

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
HWC
HWC
Q1 26
$295.0M
Q4 25
$333.1M
$389.3M
Q3 25
$409.4M
$385.7M
Q2 25
$398.0M
$375.5M
Q1 25
$358.9M
$364.7M
Q4 24
$313.9M
$364.8M
Q3 24
$350.2M
$367.7M
Q2 24
$333.4M
$359.6M
Net Profit
BLBD
BLBD
HWC
HWC
Q1 26
$47.4M
Q4 25
$30.8M
Q3 25
$36.5M
$127.5M
Q2 25
$36.5M
Q1 25
$26.0M
Q4 24
$28.7M
Q3 24
$24.7M
$115.6M
Q2 24
$28.7M
Gross Margin
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
21.4%
Q3 25
21.1%
Q2 25
21.6%
Q1 25
19.7%
Q4 24
19.2%
Q3 24
17.0%
Q2 24
20.8%
Operating Margin
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
11.3%
40.7%
Q3 25
12.3%
41.6%
Q2 25
12.6%
38.5%
Q1 25
9.4%
40.9%
Q4 24
10.5%
41.3%
Q3 24
7.3%
39.5%
Q2 24
11.9%
40.3%
Net Margin
BLBD
BLBD
HWC
HWC
Q1 26
16.1%
Q4 25
9.2%
Q3 25
8.9%
33.0%
Q2 25
9.2%
Q1 25
7.3%
Q4 24
9.2%
Q3 24
7.0%
31.4%
Q2 24
8.6%
EPS (diluted)
BLBD
BLBD
HWC
HWC
Q1 26
$0.57
Q4 25
$0.94
$1.48
Q3 25
$1.11
$1.49
Q2 25
$1.12
$1.32
Q1 25
$0.79
$1.38
Q4 24
$0.86
$1.40
Q3 24
$0.71
$1.33
Q2 24
$0.85
$1.31

Balance Sheet & Financial Strength

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

Metric
BLBD
BLBD
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$241.7M
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$271.4M
Total Assets
$642.3M
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLBD
BLBD
HWC
HWC
Q1 26
$223.7M
Q4 25
$241.7M
Q3 25
$229.3M
Q2 25
$173.1M
Q1 25
$130.7M
Q4 24
$136.1M
Q3 24
$127.7M
Q2 24
$88.4M
Total Debt
BLBD
BLBD
HWC
HWC
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$236.4M
Stockholders' Equity
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
$271.4M
$4.5B
Q3 25
$255.4M
$4.5B
Q2 25
$221.8M
$4.4B
Q1 25
$190.4M
$4.3B
Q4 24
$179.7M
$4.1B
Q3 24
$159.6M
$4.2B
Q2 24
$137.3M
$3.9B
Total Assets
BLBD
BLBD
HWC
HWC
Q1 26
$35.5B
Q4 25
$642.3M
$35.5B
Q3 25
$625.3M
$35.8B
Q2 25
$575.5M
$35.2B
Q1 25
$543.7M
$34.8B
Q4 24
$535.2M
$35.1B
Q3 24
$524.9M
$35.2B
Q2 24
$468.1M
$35.4B
Debt / Equity
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.06×

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
HWC
HWC
Operating Cash FlowLast quarter
$36.6M
Free Cash FlowOCF − Capex
$31.1M
FCF MarginFCF / Revenue
9.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$162.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
$36.6M
$541.8M
Q3 25
$65.1M
$158.8M
Q2 25
$56.9M
$125.8M
Q1 25
$27.8M
$104.2M
Q4 24
$26.4M
$625.7M
Q3 24
$55.4M
$162.5M
Q2 24
$989.0K
$105.0M
Free Cash Flow
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
$31.1M
$523.1M
Q3 25
$60.5M
$155.0M
Q2 25
$52.3M
$122.0M
Q1 25
$18.7M
$100.2M
Q4 24
$21.8M
$615.5M
Q3 24
$50.2M
$158.6M
Q2 24
$-3.5M
$103.7M
FCF Margin
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
9.3%
134.4%
Q3 25
14.8%
40.2%
Q2 25
13.1%
32.5%
Q1 25
5.2%
27.5%
Q4 24
7.0%
168.7%
Q3 24
14.3%
43.1%
Q2 24
-1.1%
28.8%
Capex Intensity
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
1.6%
4.8%
Q3 25
1.1%
1.0%
Q2 25
1.2%
1.0%
Q1 25
2.5%
1.1%
Q4 24
1.5%
2.8%
Q3 24
1.5%
1.1%
Q2 24
1.3%
0.4%
Cash Conversion
BLBD
BLBD
HWC
HWC
Q1 26
Q4 25
1.19×
Q3 25
1.78×
1.25×
Q2 25
1.56×
Q1 25
1.07×
Q4 24
0.92×
Q3 24
2.24×
1.41×
Q2 24
0.03×

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%

HWC
HWC

Segment breakdown not available.

Related Comparisons