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Side-by-side financial comparison of COMPX INTERNATIONAL INC (CIX) and HERITAGE FINANCIAL CORP (HFWA). Click either name above to swap in a different company.

HERITAGE FINANCIAL CORP is the larger business by last-quarter revenue ($66.3M vs $37.7M, roughly 1.8× COMPX INTERNATIONAL INC). HERITAGE FINANCIAL CORP runs the higher net margin — 33.5% vs 12.4%, a 21.1% gap on every dollar of revenue. On growth, HERITAGE FINANCIAL CORP posted the faster year-over-year revenue change (16.3% vs -1.9%). HERITAGE FINANCIAL CORP produced more free cash flow last quarter ($85.7M vs $11.4M). Over the past eight quarters, HERITAGE FINANCIAL CORP's revenue compounded faster (16.8% CAGR vs -0.4%).

COMPX International Inc. is a diversified manufacturer of security and control products, including high-performance locking systems, electronic access solutions, ergonomic workstation components, and marine hardware. It primarily serves North American and European markets, catering to commercial, residential, industrial, healthcare, and recreational marine segments.

Heritage Financial Corp (WA) is a U.S. regional financial holding company headquartered in Washington state. It provides comprehensive commercial and consumer banking services, including deposit products, small business loans, residential mortgages, personal lending and wealth management solutions, primarily serving local communities across the Pacific Northwest, with core customer segments covering small-to-medium enterprises and retail clients.

CIX vs HFWA — Head-to-Head

Bigger by revenue
HFWA
HFWA
1.8× larger
HFWA
$66.3M
$37.7M
CIX
Growing faster (revenue YoY)
HFWA
HFWA
+18.2% gap
HFWA
16.3%
-1.9%
CIX
Higher net margin
HFWA
HFWA
21.1% more per $
HFWA
33.5%
12.4%
CIX
More free cash flow
HFWA
HFWA
$74.2M more FCF
HFWA
$85.7M
$11.4M
CIX
Faster 2-yr revenue CAGR
HFWA
HFWA
Annualised
HFWA
16.8%
-0.4%
CIX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CIX
CIX
HFWA
HFWA
Revenue
$37.7M
$66.3M
Net Profit
$4.7M
$22.2M
Gross Margin
32.1%
Operating Margin
15.0%
38.7%
Net Margin
12.4%
33.5%
Revenue YoY
-1.9%
16.3%
Net Profit YoY
3.6%
86.4%
EPS (diluted)
$0.38
$0.65

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
CIX
CIX
HFWA
HFWA
Q4 25
$37.7M
$66.3M
Q3 25
$40.0M
$65.7M
Q2 25
$40.4M
$56.5M
Q1 25
$40.3M
$57.6M
Q4 24
$38.4M
$57.1M
Q3 24
$33.7M
$54.8M
Q2 24
$35.9M
$56.4M
Q1 24
$38.0M
$48.6M
Net Profit
CIX
CIX
HFWA
HFWA
Q4 25
$4.7M
$22.2M
Q3 25
$4.2M
$19.2M
Q2 25
$5.5M
$12.2M
Q1 25
$5.1M
$13.9M
Q4 24
$4.5M
$11.9M
Q3 24
$3.5M
$11.4M
Q2 24
$4.8M
$14.2M
Q1 24
$3.8M
$5.7M
Gross Margin
CIX
CIX
HFWA
HFWA
Q4 25
32.1%
Q3 25
27.6%
Q2 25
31.9%
Q1 25
30.2%
Q4 24
28.8%
Q3 24
28.1%
Q2 24
31.1%
Q1 24
25.5%
Operating Margin
CIX
CIX
HFWA
HFWA
Q4 25
15.0%
38.7%
Q3 25
11.9%
34.0%
Q2 25
15.7%
25.6%
Q1 25
14.6%
28.1%
Q4 24
12.7%
28.6%
Q3 24
9.9%
23.8%
Q2 24
14.2%
28.4%
Q1 24
9.8%
14.1%
Net Margin
CIX
CIX
HFWA
HFWA
Q4 25
12.4%
33.5%
Q3 25
10.6%
29.2%
Q2 25
13.5%
21.6%
Q1 25
12.7%
24.2%
Q4 24
11.7%
20.9%
Q3 24
10.3%
20.8%
Q2 24
13.5%
25.1%
Q1 24
9.9%
11.8%
EPS (diluted)
CIX
CIX
HFWA
HFWA
Q4 25
$0.38
$0.65
Q3 25
$0.34
$0.55
Q2 25
$0.44
$0.36
Q1 25
$0.42
$0.40
Q4 24
$0.37
$0.34
Q3 24
$0.28
$0.33
Q2 24
$0.39
$0.41
Q1 24
$0.31
$0.16

Balance Sheet & Financial Strength

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

Metric
CIX
CIX
HFWA
HFWA
Cash + ST InvestmentsLiquidity on hand
$54.1M
$233.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$138.6M
$921.5M
Total Assets
$156.2M
$7.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIX
CIX
HFWA
HFWA
Q4 25
$54.1M
$233.1M
Q3 25
$46.3M
$245.5M
Q2 25
$56.2M
$254.1M
Q1 25
$56.1M
$248.7M
Q4 24
$60.8M
$117.1M
Q3 24
$58.8M
$175.6M
Q2 24
$82.1M
$113.8M
Q1 24
$75.6M
$189.6M
Stockholders' Equity
CIX
CIX
HFWA
HFWA
Q4 25
$138.6M
$921.5M
Q3 25
$137.7M
$904.1M
Q2 25
$149.5M
$888.2M
Q1 25
$147.6M
$881.5M
Q4 24
$146.1M
$863.5M
Q3 24
$145.3M
$874.5M
Q2 24
$170.2M
$850.5M
Q1 24
$168.9M
$847.6M
Total Assets
CIX
CIX
HFWA
HFWA
Q4 25
$156.2M
$7.0B
Q3 25
$153.7M
$7.0B
Q2 25
$164.8M
$7.1B
Q1 25
$162.2M
$7.1B
Q4 24
$163.0M
$7.1B
Q3 24
$160.1M
$7.2B
Q2 24
$185.1M
$7.1B
Q1 24
$181.7M
$7.1B

Cash Flow & Capital Efficiency

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

Metric
CIX
CIX
HFWA
HFWA
Operating Cash FlowLast quarter
$12.0M
$94.8M
Free Cash FlowOCF − Capex
$11.4M
$85.7M
FCF MarginFCF / Revenue
30.3%
129.1%
Capex IntensityCapex / Revenue
1.6%
13.8%
Cash ConversionOCF / Net Profit
2.57×
4.26×
TTM Free Cash FlowTrailing 4 quarters
$19.1M
$149.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIX
CIX
HFWA
HFWA
Q4 25
$12.0M
$94.8M
Q3 25
$6.3M
$25.1M
Q2 25
$4.7M
$22.5M
Q1 25
$-137.0K
$19.3M
Q4 24
$7.3M
$64.5M
Q3 24
$4.1M
$24.2M
Q2 24
$9.8M
$6.8M
Q1 24
$1.7M
$12.9M
Free Cash Flow
CIX
CIX
HFWA
HFWA
Q4 25
$11.4M
$85.7M
Q3 25
$5.3M
$24.4M
Q2 25
$3.4M
$20.9M
Q1 25
$-959.0K
$18.1M
Q4 24
$7.1M
$61.0M
Q3 24
$3.6M
$23.2M
Q2 24
$9.4M
$6.0M
Q1 24
$1.4M
$12.0M
FCF Margin
CIX
CIX
HFWA
HFWA
Q4 25
30.3%
129.1%
Q3 25
13.2%
37.1%
Q2 25
8.4%
37.0%
Q1 25
-2.4%
31.4%
Q4 24
18.5%
107.0%
Q3 24
10.8%
42.4%
Q2 24
26.2%
10.6%
Q1 24
3.6%
24.7%
Capex Intensity
CIX
CIX
HFWA
HFWA
Q4 25
1.6%
13.8%
Q3 25
2.5%
1.0%
Q2 25
3.3%
2.8%
Q1 25
2.0%
2.0%
Q4 24
0.6%
6.1%
Q3 24
1.4%
1.7%
Q2 24
1.2%
1.5%
Q1 24
0.8%
1.8%
Cash Conversion
CIX
CIX
HFWA
HFWA
Q4 25
2.57×
4.26×
Q3 25
1.48×
1.31×
Q2 25
0.87×
1.84×
Q1 25
-0.03×
1.38×
Q4 24
1.62×
5.41×
Q3 24
1.18×
2.12×
Q2 24
2.03×
0.48×
Q1 24
0.45×
2.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CIX
CIX

Security Products$29.5M78%
Marine Components$8.2M22%

HFWA
HFWA

Segment breakdown not available.

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