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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $226.2M, roughly 1.0× USANA HEALTH SCIENCES INC). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 0.1%, a 4.3% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -10.0%). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -0.4%).

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

CSW vs USNA — Head-to-Head

Bigger by revenue
CSW
CSW
1.0× larger
CSW
$233.0M
$226.2M
USNA
Growing faster (revenue YoY)
CSW
CSW
+30.3% gap
CSW
20.3%
-10.0%
USNA
Higher net margin
CSW
CSW
4.3% more per $
CSW
4.4%
0.1%
USNA
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
-0.4%
USNA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
USNA
USNA
Revenue
$233.0M
$226.2M
Net Profit
$10.3M
$180.0K
Gross Margin
39.7%
78.2%
Operating Margin
7.4%
1.7%
Net Margin
4.4%
0.1%
Revenue YoY
20.3%
-10.0%
Net Profit YoY
-61.9%
-74.0%
EPS (diluted)
$0.62
$-0.10

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
CSW
CSW
USNA
USNA
Q4 25
$233.0M
$226.2M
Q3 25
$277.0M
$213.7M
Q2 25
$263.6M
$235.8M
Q1 25
$230.5M
$249.5M
Q4 24
$193.6M
$213.6M
Q3 24
$227.9M
$200.2M
Q2 24
$226.2M
$212.9M
Q1 24
$210.9M
$227.8M
Net Profit
CSW
CSW
USNA
USNA
Q4 25
$10.3M
$180.0K
Q3 25
$40.7M
$-6.5M
Q2 25
$40.9M
$9.7M
Q1 25
$35.1M
$9.4M
Q4 24
$26.9M
$4.5M
Q3 24
$36.1M
$10.6M
Q2 24
$38.6M
$10.4M
Q1 24
$31.8M
$16.5M
Gross Margin
CSW
CSW
USNA
USNA
Q4 25
39.7%
78.2%
Q3 25
43.0%
77.2%
Q2 25
43.8%
78.7%
Q1 25
44.2%
79.0%
Q4 24
41.4%
82.0%
Q3 24
45.6%
80.4%
Q2 24
47.5%
81.1%
Q1 24
44.4%
81.1%
Operating Margin
CSW
CSW
USNA
USNA
Q4 25
7.4%
1.7%
Q3 25
20.5%
0.6%
Q2 25
20.8%
7.1%
Q1 25
19.5%
6.3%
Q4 24
15.3%
3.8%
Q3 24
22.6%
7.8%
Q2 24
24.3%
8.4%
Q1 24
21.0%
10.8%
Net Margin
CSW
CSW
USNA
USNA
Q4 25
4.4%
0.1%
Q3 25
14.7%
-3.1%
Q2 25
15.5%
4.1%
Q1 25
15.2%
3.8%
Q4 24
13.9%
2.1%
Q3 24
15.8%
5.3%
Q2 24
17.1%
4.9%
Q1 24
15.1%
7.3%
EPS (diluted)
CSW
CSW
USNA
USNA
Q4 25
$0.62
$-0.10
Q3 25
$2.41
$-0.36
Q2 25
$2.43
$0.52
Q1 25
$2.05
$0.49
Q4 24
$1.60
$0.23
Q3 24
$2.26
$0.56
Q2 24
$2.47
$0.54
Q1 24
$2.03
$0.86

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$40.2M
$158.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
Total Assets
$2.3B
$742.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
USNA
USNA
Q4 25
$40.2M
$158.4M
Q3 25
$31.5M
$145.3M
Q2 25
$38.0M
$151.3M
Q1 25
$225.8M
$179.6M
Q4 24
$213.8M
$181.8M
Q3 24
$273.2M
$364.9M
Q2 24
$18.9M
$332.4M
Q1 24
$22.2M
$328.3M
Total Debt
CSW
CSW
USNA
USNA
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
USNA
USNA
Q4 25
$1.1B
Q3 25
$1.1B
$528.1M
Q2 25
$1.1B
$531.1M
Q1 25
$1.1B
$529.8M
Q4 24
$1.0B
$532.1M
Q3 24
$1.0B
$533.1M
Q2 24
$650.2M
$512.2M
Q1 24
$615.7M
$500.0M
Total Assets
CSW
CSW
USNA
USNA
Q4 25
$2.3B
$742.9M
Q3 25
$1.5B
$726.6M
Q2 25
$1.5B
$734.5M
Q1 25
$1.4B
$746.6M
Q4 24
$1.4B
$748.2M
Q3 24
$1.4B
$671.3M
Q2 24
$1.1B
$631.4M
Q1 24
$1.0B
$629.3M
Debt / Equity
CSW
CSW
USNA
USNA
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
CSW
CSW
USNA
USNA
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
USNA
USNA
Q4 25
$28.9M
Q3 25
$61.8M
$-2.0M
Q2 25
$60.6M
$12.2M
Q1 25
$27.3M
$15.5M
Q4 24
$11.6M
$5.8M
Q3 24
$66.8M
$29.5M
Q2 24
$62.7M
$8.0M
Q1 24
$22.4M
$17.7M
Free Cash Flow
CSW
CSW
USNA
USNA
Q4 25
$22.7M
Q3 25
$58.7M
$-5.2M
Q2 25
$57.7M
$7.2M
Q1 25
$22.8M
$12.7M
Q4 24
$8.5M
$4.0M
Q3 24
$61.3M
$27.1M
Q2 24
$59.6M
$5.3M
Q1 24
$17.5M
$14.5M
FCF Margin
CSW
CSW
USNA
USNA
Q4 25
9.8%
Q3 25
21.2%
-2.4%
Q2 25
21.9%
3.0%
Q1 25
9.9%
5.1%
Q4 24
4.4%
1.9%
Q3 24
26.9%
13.6%
Q2 24
26.3%
2.5%
Q1 24
8.3%
6.4%
Capex Intensity
CSW
CSW
USNA
USNA
Q4 25
2.6%
Q3 25
1.1%
1.5%
Q2 25
1.1%
2.1%
Q1 25
2.0%
1.1%
Q4 24
1.6%
0.8%
Q3 24
2.4%
1.2%
Q2 24
1.4%
1.3%
Q1 24
2.3%
1.4%
Cash Conversion
CSW
CSW
USNA
USNA
Q4 25
2.81×
Q3 25
1.52×
Q2 25
1.48×
1.27×
Q1 25
0.78×
1.65×
Q4 24
0.43×
1.29×
Q3 24
1.85×
2.78×
Q2 24
1.62×
0.77×
Q1 24
0.71×
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

USNA
USNA

Segment breakdown not available.

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