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Side-by-side financial comparison of Bioventus Inc. (BVS) and UNITIL CORP (UTL). Click either name above to swap in a different company.

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $157.9M, roughly 1.0× Bioventus Inc.). UNITIL CORP runs the higher net margin — 11.8% vs 9.3%, a 2.4% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 2.8%). Bioventus Inc. produced more free cash flow last quarter ($37.4M vs $-36.3M). Over the past eight quarters, Bioventus Inc.'s revenue compounded faster (10.4% CAGR vs -4.9%).

Bioventus Inc. is a global medical technology company specializing in orthobiologic solutions. It develops and commercializes products supporting bone and joint healing, musculoskeletal pain management, and regenerative care for patients. Its offerings serve orthopedic clinicians, physical therapists, and patients across North America, Europe, and Asia Pacific, with core segments covering surgical orthobiologics and non-surgical pain relief solutions.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

BVS vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.0× larger
UTL
$161.5M
$157.9M
BVS
Growing faster (revenue YoY)
UTL
UTL
+23.9% gap
UTL
26.7%
2.8%
BVS
Higher net margin
UTL
UTL
2.4% more per $
UTL
11.8%
9.3%
BVS
More free cash flow
BVS
BVS
$73.7M more FCF
BVS
$37.4M
$-36.3M
UTL
Faster 2-yr revenue CAGR
BVS
BVS
Annualised
BVS
10.4%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BVS
BVS
UTL
UTL
Revenue
$157.9M
$161.5M
Net Profit
$14.8M
$19.0M
Gross Margin
68.9%
Operating Margin
12.3%
21.5%
Net Margin
9.3%
11.8%
Revenue YoY
2.8%
26.7%
Net Profit YoY
3902.8%
21.8%
EPS (diluted)
$0.21
$1.05

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
BVS
BVS
UTL
UTL
Q4 25
$157.9M
$161.5M
Q3 25
$138.7M
$101.1M
Q2 25
$147.7M
$102.6M
Q1 25
$123.9M
$170.8M
Q4 24
$153.6M
$127.5M
Q3 24
$139.0M
$92.9M
Q2 24
$151.2M
$95.7M
Q1 24
$129.5M
$178.7M
Net Profit
BVS
BVS
UTL
UTL
Q4 25
$14.8M
$19.0M
Q3 25
$3.2M
$-300.0K
Q2 25
$7.5M
$4.0M
Q1 25
$-2.6M
$27.5M
Q4 24
$-388.0K
$15.6M
Q3 24
$-5.2M
$0
Q2 24
$-25.7M
$4.3M
Q1 24
$-4.9M
$27.2M
Gross Margin
BVS
BVS
UTL
UTL
Q4 25
68.9%
Q3 25
68.0%
Q2 25
69.1%
Q1 25
67.0%
Q4 24
66.8%
Q3 24
67.3%
Q2 24
68.5%
Q1 24
68.3%
Operating Margin
BVS
BVS
UTL
UTL
Q4 25
12.3%
21.5%
Q3 25
8.1%
6.9%
Q2 25
12.4%
13.0%
Q1 25
3.9%
27.0%
Q4 24
5.0%
22.1%
Q3 24
2.6%
6.2%
Q2 24
-20.8%
13.0%
Q1 24
3.8%
24.7%
Net Margin
BVS
BVS
UTL
UTL
Q4 25
9.3%
11.8%
Q3 25
2.3%
-0.3%
Q2 25
5.1%
3.9%
Q1 25
-2.1%
16.1%
Q4 24
-0.3%
12.2%
Q3 24
-3.7%
Q2 24
-17.0%
4.5%
Q1 24
-3.8%
15.2%
EPS (diluted)
BVS
BVS
UTL
UTL
Q4 25
$0.21
$1.05
Q3 25
$0.05
$-0.02
Q2 25
$0.11
$0.25
Q1 25
$-0.04
$1.69
Q4 24
$0.00
$0.97
Q3 24
$-0.08
$0.00
Q2 24
$-0.40
$0.27
Q1 24
$-0.08
$1.69

Balance Sheet & Financial Strength

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

Metric
BVS
BVS
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$51.2M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$184.1M
$609.6M
Total Assets
$683.6M
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BVS
BVS
UTL
UTL
Q4 25
$51.2M
$15.6M
Q3 25
$42.2M
$14.6M
Q2 25
$32.9M
$8.5M
Q1 25
$22.8M
$10.2M
Q4 24
$41.6M
$6.3M
Q3 24
$43.1M
$6.3M
Q2 24
$32.0M
$2.8M
Q1 24
$25.2M
$6.3M
Total Debt
BVS
BVS
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
BVS
BVS
UTL
UTL
Q4 25
$184.1M
$609.6M
Q3 25
$166.1M
$597.2M
Q2 25
$161.2M
$532.8M
Q1 25
$148.1M
$534.1M
Q4 24
$147.9M
$512.5M
Q3 24
$148.7M
$502.4M
Q2 24
$150.9M
$508.8M
Q1 24
$171.3M
$510.8M
Total Assets
BVS
BVS
UTL
UTL
Q4 25
$683.6M
$2.1B
Q3 25
$701.6M
$1.9B
Q2 25
$706.8M
$1.9B
Q1 25
$691.4M
$1.9B
Q4 24
$728.0M
$1.8B
Q3 24
$769.5M
$1.7B
Q2 24
$792.2M
$1.7B
Q1 24
$794.2M
$1.7B
Debt / Equity
BVS
BVS
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

Cash Flow & Capital Efficiency

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

Metric
BVS
BVS
UTL
UTL
Operating Cash FlowLast quarter
$38.0M
$21.4M
Free Cash FlowOCF − Capex
$37.4M
$-36.3M
FCF MarginFCF / Revenue
23.7%
-22.5%
Capex IntensityCapex / Revenue
0.4%
35.7%
Cash ConversionOCF / Net Profit
2.57×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$72.1M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BVS
BVS
UTL
UTL
Q4 25
$38.0M
$21.4M
Q3 25
$30.1M
$15.6M
Q2 25
$25.9M
$42.2M
Q1 25
$-19.3M
$52.1M
Q4 24
$19.3M
$23.3M
Q3 24
$10.3M
$26.1M
Q2 24
$15.2M
$49.9M
Q1 24
$-6.0M
$26.6M
Free Cash Flow
BVS
BVS
UTL
UTL
Q4 25
$37.4M
$-36.3M
Q3 25
$29.6M
$-39.0M
Q2 25
$25.3M
$2.0M
Q1 25
$-20.2M
$19.5M
Q4 24
$18.7M
$-32.3M
Q3 24
$10.3M
$-31.3M
Q2 24
$15.1M
$13.2M
Q1 24
$-6.3M
$6.4M
FCF Margin
BVS
BVS
UTL
UTL
Q4 25
23.7%
-22.5%
Q3 25
21.4%
-38.6%
Q2 25
17.1%
1.9%
Q1 25
-16.3%
11.4%
Q4 24
12.2%
-25.3%
Q3 24
7.4%
-33.7%
Q2 24
10.0%
13.8%
Q1 24
-4.9%
3.6%
Capex Intensity
BVS
BVS
UTL
UTL
Q4 25
0.4%
35.7%
Q3 25
0.3%
54.0%
Q2 25
0.5%
39.2%
Q1 25
0.7%
19.1%
Q4 24
0.4%
43.6%
Q3 24
0.0%
61.8%
Q2 24
0.1%
38.3%
Q1 24
0.2%
11.3%
Cash Conversion
BVS
BVS
UTL
UTL
Q4 25
2.57×
1.13×
Q3 25
9.54×
Q2 25
3.48×
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
11.60×
Q1 24
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BVS
BVS

Pain Treatments$71.1M45%
Surgical Solutions$48.9M31%
Restorative Therapies$19.5M12%
Other$18.4M12%

UTL
UTL

Segment breakdown not available.

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