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Side-by-side financial comparison of Blue Bird Corp (BLBD) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $219.2M, roughly 1.5× Perella Weinberg Partners). Blue Bird Corp runs the higher net margin — 9.2% vs 6.3%, a 2.9% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -2.9%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $30.5M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs -1.9%).
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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
BLBD vs PWP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.1M | $219.2M |
| Net Profit | $30.8M | $13.8M |
| Gross Margin | 21.4% | — |
| Operating Margin | 11.3% | 8.5% |
| Net Margin | 9.2% | 6.3% |
| Revenue YoY | 6.1% | -2.9% |
| Net Profit YoY | 7.1% | — |
| 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.
| Q4 25 | $333.1M | $219.2M | ||
| Q3 25 | $409.4M | $164.6M | ||
| Q2 25 | $398.0M | $155.3M | ||
| Q1 25 | $358.9M | $211.8M | ||
| Q4 24 | $313.9M | $225.7M | ||
| Q3 24 | $350.2M | $278.2M | ||
| Q2 24 | $333.4M | $272.0M | ||
| Q1 24 | $345.9M | $102.1M |
| Q4 25 | $30.8M | $13.8M | ||
| Q3 25 | $36.5M | $6.0M | ||
| Q2 25 | $36.5M | $2.7M | ||
| Q1 25 | $26.0M | $17.3M | ||
| Q4 24 | $28.7M | — | ||
| Q3 24 | $24.7M | $16.4M | ||
| Q2 24 | $28.7M | $-66.0M | ||
| Q1 24 | $26.0M | $-35.8M |
| 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% | — | ||
| Q1 24 | 18.4% | — |
| Q4 25 | 11.3% | 8.5% | ||
| Q3 25 | 12.3% | 5.4% | ||
| Q2 25 | 12.6% | 5.8% | ||
| Q1 25 | 9.4% | 5.5% | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 7.3% | 12.9% | ||
| Q2 24 | 11.9% | -30.2% | ||
| Q1 24 | 10.4% | -52.4% |
| Q4 25 | 9.2% | 6.3% | ||
| Q3 25 | 8.9% | 3.6% | ||
| Q2 25 | 9.2% | 1.8% | ||
| Q1 25 | 7.3% | 8.2% | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 7.0% | 5.9% | ||
| Q2 24 | 8.6% | -24.3% | ||
| Q1 24 | 7.5% | -35.1% |
| Q4 25 | $0.94 | $0.11 | ||
| Q3 25 | $1.11 | $0.08 | ||
| Q2 25 | $1.12 | $0.04 | ||
| Q1 25 | $0.79 | $0.24 | ||
| Q4 24 | $0.86 | — | ||
| Q3 24 | $0.71 | $0.24 | ||
| Q2 24 | $0.85 | $-1.21 | ||
| Q1 24 | $0.79 | $-0.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $241.7M | $255.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $271.4M | $-127.4M |
| Total Assets | $642.3M | $797.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | $255.9M | ||
| Q3 25 | $229.3M | $185.5M | ||
| Q2 25 | $173.1M | $145.0M | ||
| Q1 25 | $130.7M | $111.2M | ||
| Q4 24 | $136.1M | $407.4M | ||
| Q3 24 | $127.7M | $335.1M | ||
| Q2 24 | $88.4M | $185.3M | ||
| Q1 24 | $93.1M | $156.7M |
| Q4 25 | $271.4M | $-127.4M | ||
| Q3 25 | $255.4M | $-302.4M | ||
| Q2 25 | $221.8M | $-318.4M | ||
| Q1 25 | $190.4M | $-323.1M | ||
| Q4 24 | $179.7M | $-421.4M | ||
| Q3 24 | $159.6M | $-360.8M | ||
| Q2 24 | $137.3M | $-283.0M | ||
| Q1 24 | $105.8M | $161.9M |
| Q4 25 | $642.3M | $797.6M | ||
| Q3 25 | $625.3M | $650.2M | ||
| Q2 25 | $575.5M | $606.7M | ||
| Q1 25 | $543.7M | $570.5M | ||
| Q4 24 | $535.2M | $876.8M | ||
| Q3 24 | $524.9M | $810.9M | ||
| Q2 24 | $468.1M | $645.5M | ||
| Q1 24 | $456.5M | $583.6M |
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 | $36.6M | $34.8M |
| Free Cash FlowOCF − Capex | $31.1M | $30.5M |
| FCF MarginFCF / Revenue | 9.3% | 13.9% |
| Capex IntensityCapex / Revenue | 1.6% | 2.0% |
| Cash ConversionOCF / Net Profit | 1.19× | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | $-34.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $34.8M | ||
| Q3 25 | $65.1M | $59.2M | ||
| Q2 25 | $56.9M | $56.1M | ||
| Q1 25 | $27.8M | $-176.5M | ||
| Q4 24 | $26.4M | $223.4M | ||
| Q3 24 | $55.4M | $200.3M | ||
| Q2 24 | $989.0K | $90.0M | ||
| Q1 24 | $54.6M | $-206.3M |
| Q4 25 | $31.1M | $30.5M | ||
| Q3 25 | $60.5M | $57.6M | ||
| Q2 25 | $52.3M | $55.3M | ||
| Q1 25 | $18.7M | $-177.6M | ||
| Q4 24 | $21.8M | $207.0M | ||
| Q3 24 | $50.2M | $199.3M | ||
| Q2 24 | $-3.5M | $83.7M | ||
| Q1 24 | $51.8M | $-214.8M |
| Q4 25 | 9.3% | 13.9% | ||
| Q3 25 | 14.8% | 35.0% | ||
| Q2 25 | 13.1% | 35.6% | ||
| Q1 25 | 5.2% | -83.8% | ||
| Q4 24 | 7.0% | 91.7% | ||
| Q3 24 | 14.3% | 71.6% | ||
| Q2 24 | -1.1% | 30.8% | ||
| Q1 24 | 15.0% | -210.3% |
| Q4 25 | 1.6% | 2.0% | ||
| Q3 25 | 1.1% | 0.9% | ||
| Q2 25 | 1.2% | 0.5% | ||
| Q1 25 | 2.5% | 0.5% | ||
| Q4 24 | 1.5% | 7.3% | ||
| Q3 24 | 1.5% | 0.4% | ||
| Q2 24 | 1.3% | 2.3% | ||
| Q1 24 | 0.8% | 8.3% |
| Q4 25 | 1.19× | 2.52× | ||
| Q3 25 | 1.78× | 9.85× | ||
| Q2 25 | 1.56× | 20.50× | ||
| Q1 25 | 1.07× | -10.18× | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 2.24× | 12.23× | ||
| 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
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
PWP
Segment breakdown not available.
