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Side-by-side financial comparison of Blue Bird Corp (BLBD) and McGraw Hill, Inc. (MH). Click either name above to swap in a different company.

McGraw Hill, Inc. is the larger business by last-quarter revenue ($434.2M vs $333.1M, roughly 1.3× Blue Bird Corp). Blue Bird Corp runs the higher net margin — 9.2% vs -4.7%, a 13.9% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -35.1%). McGraw Hill, Inc. produced more free cash flow last quarter ($285.4M vs $31.1M).

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.

McGraw Hill, Inc. is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, digital learning tools, and adaptive technology to enhance learning experiences and outcomes. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. McGraw Hill also publishes reference and tra...

BLBD vs MH — Head-to-Head

Bigger by revenue
MH
MH
1.3× larger
MH
$434.2M
$333.1M
BLBD
Growing faster (revenue YoY)
BLBD
BLBD
+41.2% gap
BLBD
6.1%
-35.1%
MH
Higher net margin
BLBD
BLBD
13.9% more per $
BLBD
9.2%
-4.7%
MH
More free cash flow
MH
MH
$254.3M more FCF
MH
$285.4M
$31.1M
BLBD

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BLBD
BLBD
MH
MH
Revenue
$333.1M
$434.2M
Net Profit
$30.8M
$-20.2M
Gross Margin
21.4%
85.3%
Operating Margin
11.3%
7.0%
Net Margin
9.2%
-4.7%
Revenue YoY
6.1%
-35.1%
Net Profit YoY
7.1%
-119.2%
EPS (diluted)
$0.94
$-0.11

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
MH
MH
Q4 25
$333.1M
$434.2M
Q3 25
$409.4M
$669.2M
Q2 25
$398.0M
$535.7M
Q1 25
$358.9M
Q4 24
$313.9M
Q3 24
$350.2M
Q2 24
$333.4M
Q1 24
$345.9M
Net Profit
BLBD
BLBD
MH
MH
Q4 25
$30.8M
$-20.2M
Q3 25
$36.5M
$105.3M
Q2 25
$36.5M
$502.0K
Q1 25
$26.0M
Q4 24
$28.7M
Q3 24
$24.7M
Q2 24
$28.7M
Q1 24
$26.0M
Gross Margin
BLBD
BLBD
MH
MH
Q4 25
21.4%
85.3%
Q3 25
21.1%
79.2%
Q2 25
21.6%
77.0%
Q1 25
19.7%
Q4 24
19.2%
Q3 24
17.0%
Q2 24
20.8%
Q1 24
18.4%
Operating Margin
BLBD
BLBD
MH
MH
Q4 25
11.3%
7.0%
Q3 25
12.3%
23.4%
Q2 25
12.6%
18.0%
Q1 25
9.4%
Q4 24
10.5%
Q3 24
7.3%
Q2 24
11.9%
Q1 24
10.4%
Net Margin
BLBD
BLBD
MH
MH
Q4 25
9.2%
-4.7%
Q3 25
8.9%
15.7%
Q2 25
9.2%
0.1%
Q1 25
7.3%
Q4 24
9.2%
Q3 24
7.0%
Q2 24
8.6%
Q1 24
7.5%
EPS (diluted)
BLBD
BLBD
MH
MH
Q4 25
$0.94
$-0.11
Q3 25
$1.11
$0.57
Q2 25
$1.12
$0.00
Q1 25
$0.79
Q4 24
$0.86
Q3 24
$0.71
Q2 24
$0.85
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
MH
MH
Cash + ST InvestmentsLiquidity on hand
$241.7M
$514.4M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$271.4M
$775.3M
Total Assets
$642.3M
$5.6B
Debt / EquityLower = less leverage
3.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLBD
BLBD
MH
MH
Q4 25
$241.7M
$514.4M
Q3 25
$229.3M
$463.2M
Q2 25
$173.1M
$247.3M
Q1 25
$130.7M
Q4 24
$136.1M
Q3 24
$127.7M
Q2 24
$88.4M
Q1 24
$93.1M
Total Debt
BLBD
BLBD
MH
MH
Q4 25
$2.6B
Q3 25
$2.8B
Q2 25
$3.2B
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BLBD
BLBD
MH
MH
Q4 25
$271.4M
$775.3M
Q3 25
$255.4M
$794.6M
Q2 25
$221.8M
$283.3M
Q1 25
$190.4M
Q4 24
$179.7M
Q3 24
$159.6M
Q2 24
$137.3M
Q1 24
$105.8M
Total Assets
BLBD
BLBD
MH
MH
Q4 25
$642.3M
$5.6B
Q3 25
$625.3M
$6.0B
Q2 25
$575.5M
$5.7B
Q1 25
$543.7M
Q4 24
$535.2M
Q3 24
$524.9M
Q2 24
$468.1M
Q1 24
$456.5M
Debt / Equity
BLBD
BLBD
MH
MH
Q4 25
3.36×
Q3 25
3.52×
Q2 25
11.17×
Q1 25
Q4 24
Q3 24
Q2 24
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
MH
MH
Operating Cash FlowLast quarter
$36.6M
$309.0M
Free Cash FlowOCF − Capex
$31.1M
$285.4M
FCF MarginFCF / Revenue
9.3%
65.7%
Capex IntensityCapex / Revenue
1.6%
5.4%
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
MH
MH
Q4 25
$36.6M
$309.0M
Q3 25
$65.1M
$265.0M
Q2 25
$56.9M
$-96.7M
Q1 25
$27.8M
Q4 24
$26.4M
Q3 24
$55.4M
Q2 24
$989.0K
Q1 24
$54.6M
Free Cash Flow
BLBD
BLBD
MH
MH
Q4 25
$31.1M
$285.4M
Q3 25
$60.5M
$243.8M
Q2 25
$52.3M
$-112.9M
Q1 25
$18.7M
Q4 24
$21.8M
Q3 24
$50.2M
Q2 24
$-3.5M
Q1 24
$51.8M
FCF Margin
BLBD
BLBD
MH
MH
Q4 25
9.3%
65.7%
Q3 25
14.8%
36.4%
Q2 25
13.1%
-21.1%
Q1 25
5.2%
Q4 24
7.0%
Q3 24
14.3%
Q2 24
-1.1%
Q1 24
15.0%
Capex Intensity
BLBD
BLBD
MH
MH
Q4 25
1.6%
5.4%
Q3 25
1.1%
3.2%
Q2 25
1.2%
3.0%
Q1 25
2.5%
Q4 24
1.5%
Q3 24
1.5%
Q2 24
1.3%
Q1 24
0.8%
Cash Conversion
BLBD
BLBD
MH
MH
Q4 25
1.19×
Q3 25
1.78×
2.52×
Q2 25
1.56×
-192.53×
Q1 25
1.07×
Q4 24
0.92×
Q3 24
2.24×
Q2 24
0.03×
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%

MH
MH

Higher Education$225.4M52%
Digital$103.5M24%
Other$44.4M10%
Global Professional$36.2M8%
Print$24.7M6%

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