vs

Side-by-side financial comparison of Designer Brands Inc. (DBI) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

UNITED THERAPEUTICS Corp is the larger business by last-quarter revenue ($790.2M vs $752.4M, roughly 1.1× Designer Brands Inc.). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 2.4%, a 43.7% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs -3.2%). UNITED THERAPEUTICS Corp produced more free cash flow last quarter ($173.3M vs $57.5M). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% CAGR vs -0.1%).

Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

DBI vs UTHR — Head-to-Head

Bigger by revenue
UTHR
UTHR
1.1× larger
UTHR
$790.2M
$752.4M
DBI
Growing faster (revenue YoY)
UTHR
UTHR
+10.6% gap
UTHR
7.4%
-3.2%
DBI
Higher net margin
UTHR
UTHR
43.7% more per $
UTHR
46.1%
2.4%
DBI
More free cash flow
UTHR
UTHR
$115.8M more FCF
UTHR
$173.3M
$57.5M
DBI
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
-0.1%
DBI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DBI
DBI
UTHR
UTHR
Revenue
$752.4M
$790.2M
Net Profit
$18.2M
$364.3M
Gross Margin
45.1%
86.9%
Operating Margin
5.7%
45.1%
Net Margin
2.4%
46.1%
Revenue YoY
-3.2%
7.4%
Net Profit YoY
40.0%
20.9%
EPS (diluted)
$0.35
$7.66

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
DBI
DBI
UTHR
UTHR
Q4 25
$752.4M
$790.2M
Q3 25
$739.8M
$799.5M
Q2 25
$686.9M
$798.6M
Q1 25
$713.6M
$794.4M
Q4 24
$777.2M
$735.9M
Q3 24
$771.9M
$748.9M
Q2 24
$746.6M
$714.9M
Q1 24
$754.3M
$677.7M
Net Profit
DBI
DBI
UTHR
UTHR
Q4 25
$18.2M
$364.3M
Q3 25
$10.8M
$338.7M
Q2 25
$-17.4M
$309.5M
Q1 25
$-38.2M
$322.2M
Q4 24
$13.0M
$301.3M
Q3 24
$13.8M
$309.1M
Q2 24
$783.0K
$278.1M
Q1 24
$-29.6M
$306.6M
Gross Margin
DBI
DBI
UTHR
UTHR
Q4 25
45.1%
86.9%
Q3 25
43.7%
87.4%
Q2 25
43.0%
89.0%
Q1 25
75.7%
88.4%
Q4 24
43.0%
89.7%
Q3 24
44.0%
88.9%
Q2 24
44.2%
89.1%
Q1 24
38.8%
89.2%
Operating Margin
DBI
DBI
UTHR
UTHR
Q4 25
5.7%
45.1%
Q3 25
3.6%
48.6%
Q2 25
-1.1%
45.6%
Q1 25
-3.6%
48.2%
Q4 24
2.9%
48.6%
Q3 24
3.7%
45.8%
Q2 24
1.3%
44.7%
Q1 24
-4.8%
52.6%
Net Margin
DBI
DBI
UTHR
UTHR
Q4 25
2.4%
46.1%
Q3 25
1.5%
42.4%
Q2 25
-2.5%
38.8%
Q1 25
-5.3%
40.6%
Q4 24
1.7%
40.9%
Q3 24
1.8%
41.3%
Q2 24
0.1%
38.9%
Q1 24
-3.9%
45.2%
EPS (diluted)
DBI
DBI
UTHR
UTHR
Q4 25
$0.35
$7.66
Q3 25
$0.22
$7.16
Q2 25
$-0.36
$6.41
Q1 25
$-0.69
$6.63
Q4 24
$0.24
$6.23
Q3 24
$0.24
$6.39
Q2 24
$0.01
$5.85
Q1 24
$-899.54
$6.17

Balance Sheet & Financial Strength

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

Metric
DBI
DBI
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$51.4M
$2.9B
Total DebtLower is stronger
$463.1M
Stockholders' EquityBook value
$298.6M
$7.1B
Total Assets
$2.1B
$7.9B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBI
DBI
UTHR
UTHR
Q4 25
$51.4M
$2.9B
Q3 25
$44.9M
$2.8B
Q2 25
$46.0M
$3.0B
Q1 25
$44.8M
$3.3B
Q4 24
$36.2M
$3.3B
Q3 24
$38.8M
$3.3B
Q2 24
$43.4M
$3.0B
Q1 24
$49.2M
$2.7B
Total Debt
DBI
DBI
UTHR
UTHR
Q4 25
$463.1M
Q3 25
$509.6M
Q2 25
$516.2M
Q1 25
$484.3M
Q4 24
$529.6M
Q3 24
$459.0M
Q2 24
$469.3M
Q1 24
$420.3M
Stockholders' Equity
DBI
DBI
UTHR
UTHR
Q4 25
$298.6M
$7.1B
Q3 25
$280.8M
$6.6B
Q2 25
$266.9M
$7.2B
Q1 25
$278.5M
$6.8B
Q4 24
$318.5M
$6.4B
Q3 24
$355.5M
$6.1B
Q2 24
$358.5M
$5.7B
Q1 24
$359.2M
$5.3B
Total Assets
DBI
DBI
UTHR
UTHR
Q4 25
$2.1B
$7.9B
Q3 25
$2.1B
$7.4B
Q2 25
$2.1B
$7.9B
Q1 25
$2.0B
$7.7B
Q4 24
$2.1B
$7.4B
Q3 24
$2.1B
$7.1B
Q2 24
$2.2B
$6.7B
Q1 24
$2.1B
$6.5B
Debt / Equity
DBI
DBI
UTHR
UTHR
Q4 25
1.55×
Q3 25
1.81×
Q2 25
1.93×
Q1 25
1.74×
Q4 24
1.66×
Q3 24
1.29×
Q2 24
1.31×
Q1 24
1.17×

Cash Flow & Capital Efficiency

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

Metric
DBI
DBI
UTHR
UTHR
Operating Cash FlowLast quarter
$66.5M
$346.2M
Free Cash FlowOCF − Capex
$57.5M
$173.3M
FCF MarginFCF / Revenue
7.6%
21.9%
Capex IntensityCapex / Revenue
1.2%
21.9%
Cash ConversionOCF / Net Profit
3.65×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$99.9M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBI
DBI
UTHR
UTHR
Q4 25
$66.5M
$346.2M
Q3 25
$21.4M
$562.1M
Q2 25
$-20.4M
$191.7M
Q1 25
$70.1M
$461.2M
Q4 24
$-9.8M
$341.2M
Q3 24
$41.6M
$377.2M
Q2 24
$-19.7M
$232.2M
Q1 24
$-40.1M
$376.5M
Free Cash Flow
DBI
DBI
UTHR
UTHR
Q4 25
$57.5M
$173.3M
Q3 25
$11.9M
$351.6M
Q2 25
$-27.6M
$129.5M
Q1 25
$58.1M
$386.3M
Q4 24
$-19.2M
$254.5M
Q3 24
$28.0M
$300.7M
Q2 24
$-35.6M
$187.1M
Q1 24
$-52.8M
$338.3M
FCF Margin
DBI
DBI
UTHR
UTHR
Q4 25
7.6%
21.9%
Q3 25
1.6%
44.0%
Q2 25
-4.0%
16.2%
Q1 25
8.1%
48.6%
Q4 24
-2.5%
34.6%
Q3 24
3.6%
40.2%
Q2 24
-4.8%
26.2%
Q1 24
-7.0%
49.9%
Capex Intensity
DBI
DBI
UTHR
UTHR
Q4 25
1.2%
21.9%
Q3 25
1.3%
26.3%
Q2 25
1.1%
7.8%
Q1 25
1.7%
9.4%
Q4 24
1.2%
11.8%
Q3 24
1.8%
10.2%
Q2 24
2.1%
6.3%
Q1 24
1.7%
5.6%
Cash Conversion
DBI
DBI
UTHR
UTHR
Q4 25
3.65×
0.95×
Q3 25
1.98×
1.66×
Q2 25
0.62×
Q1 25
1.43×
Q4 24
-0.75×
1.13×
Q3 24
3.01×
1.22×
Q2 24
-25.13×
0.83×
Q1 24
1.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DBI
DBI

Womens$280.7M37%
Athletic Footwear$188.6M25%
Wholesale$89.8M12%
Canada Retail Segment$77.3M10%
Mens$76.1M10%
Kids$24.2M3%
Commission Income$10.8M1%
Directto Consumer$1.3M0%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

Related Comparisons