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Side-by-side financial comparison of BioNTech SE (BNTX) and Worthington Steel, Inc. (WS). Click either name above to swap in a different company.

BioNTech SE is the larger business by last-quarter revenue ($1.5B vs $871.9M, roughly 1.7× Worthington Steel, Inc.). Worthington Steel, Inc. runs the higher net margin — 2.2% vs -1.9%, a 4.0% gap on every dollar of revenue.

BioNTech SE is a German multinational biotechnology company headquartered in Mainz that develops immunotherapies and vaccines, particularly for cancer and infectious diseases.

Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...

BNTX vs WS — Head-to-Head

Bigger by revenue
BNTX
BNTX
1.7× larger
BNTX
$1.5B
$871.9M
WS
Higher net margin
WS
WS
4.0% more per $
WS
2.2%
-1.9%
BNTX

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BNTX
BNTX
WS
WS
Revenue
$1.5B
$871.9M
Net Profit
$-28.7M
$18.8M
Gross Margin
10.7%
Operating Margin
-3.1%
2.5%
Net Margin
-1.9%
2.2%
Revenue YoY
18.0%
Net Profit YoY
46.9%
EPS (diluted)
$0.37

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
BNTX
BNTX
WS
WS
Q4 25
$871.9M
Q3 25
$1.5B
$872.9M
Q2 25
$260.8M
$832.9M
Q1 25
$687.4M
Q4 24
$739.0M
Q3 24
$1.2B
$834.0M
Q1 24
$805.8M
Q4 23
$808.0M
Net Profit
BNTX
BNTX
WS
WS
Q4 25
$18.8M
Q3 25
$-28.7M
$36.8M
Q2 25
$-386.6M
$55.7M
Q1 25
$13.8M
Q4 24
$12.8M
Q3 24
$198.1M
$28.4M
Q1 24
$49.0M
Q4 23
$-6.0M
Gross Margin
BNTX
BNTX
WS
WS
Q4 25
10.7%
Q3 25
13.2%
Q2 25
15.2%
Q1 25
11.8%
Q4 24
10.8%
Q3 24
12.0%
Q1 24
14.9%
Q4 23
7.5%
Operating Margin
BNTX
BNTX
WS
WS
Q4 25
2.5%
Q3 25
-3.1%
5.5%
Q2 25
-192.1%
8.0%
Q1 25
2.7%
Q4 24
2.6%
Q3 24
0.8%
5.2%
Q1 24
8.2%
Q4 23
-1.1%
Net Margin
BNTX
BNTX
WS
WS
Q4 25
2.2%
Q3 25
-1.9%
4.2%
Q2 25
-148.2%
6.7%
Q1 25
2.0%
Q4 24
1.7%
Q3 24
15.9%
3.4%
Q1 24
6.1%
Q4 23
-0.7%
EPS (diluted)
BNTX
BNTX
WS
WS
Q4 25
$0.37
Q3 25
$0.72
Q2 25
$1.11
Q1 25
$0.27
Q4 24
$0.25
Q3 24
$0.56
Q1 24
$0.98
Q4 23
$-0.12

Balance Sheet & Financial Strength

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

Metric
BNTX
BNTX
WS
WS
Cash + ST InvestmentsLiquidity on hand
$89.8M
Total DebtLower is stronger
$72.1M
Stockholders' EquityBook value
$1.1B
Total Assets
$2.1B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNTX
BNTX
WS
WS
Q4 25
$89.8M
Q3 25
$78.3M
Q2 25
$38.0M
Q1 25
$63.3M
Q4 24
$52.0M
Q3 24
$36.0M
Q1 24
$60.8M
Q4 23
$214.4M
Total Debt
BNTX
BNTX
WS
WS
Q4 25
$72.1M
Q3 25
$73.4M
Q2 25
$151.5M
Q1 25
Q4 24
$115.0M
Q3 24
$122.2M
Q1 24
$147.2M
Q4 23
$195.0M
Stockholders' Equity
BNTX
BNTX
WS
WS
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q1 24
$937.6M
Q4 23
$1.0B
Total Assets
BNTX
BNTX
WS
WS
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.0B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.8B
Q1 24
$1.8B
Q4 23
$1.9B
Debt / Equity
BNTX
BNTX
WS
WS
Q4 25
0.06×
Q3 25
0.07×
Q2 25
0.14×
Q1 25
Q4 24
0.11×
Q3 24
0.12×
Q1 24
0.16×
Q4 23
0.19×

Cash Flow & Capital Efficiency

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

Metric
BNTX
BNTX
WS
WS
Operating Cash FlowLast quarter
$99.3M
Free Cash FlowOCF − Capex
$74.6M
FCF MarginFCF / Revenue
8.6%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
5.28×
TTM Free Cash FlowTrailing 4 quarters
$72.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNTX
BNTX
WS
WS
Q4 25
$99.3M
Q3 25
$-6.3M
Q2 25
$53.9M
Q1 25
$53.8M
Q4 24
$68.0M
Q3 24
$54.6M
Q1 24
$44.7M
Q4 23
$139.9M
Free Cash Flow
BNTX
BNTX
WS
WS
Q4 25
$74.6M
Q3 25
$-35.7M
Q2 25
$8.4M
Q1 25
$25.2M
Q4 24
$33.2M
Q3 24
$33.1M
Q1 24
$22.3M
Q4 23
$121.0M
FCF Margin
BNTX
BNTX
WS
WS
Q4 25
8.6%
Q3 25
-4.1%
Q2 25
1.0%
Q1 25
3.7%
Q4 24
4.5%
Q3 24
4.0%
Q1 24
2.8%
Q4 23
15.0%
Capex Intensity
BNTX
BNTX
WS
WS
Q4 25
2.8%
Q3 25
3.4%
Q2 25
5.5%
Q1 25
4.2%
Q4 24
4.7%
Q3 24
2.6%
Q1 24
2.8%
Q4 23
2.3%
Cash Conversion
BNTX
BNTX
WS
WS
Q4 25
5.28×
Q3 25
-0.17×
Q2 25
0.97×
Q1 25
3.90×
Q4 24
5.31×
Q3 24
1.92×
Q1 24
0.91×
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNTX
BNTX

Segment breakdown not available.

WS
WS

Direct$844.1M97%
Toll$27.8M3%

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