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Side-by-side financial comparison of Driven Brands Holdings Inc. (DRVN) and MASIMO CORP (MASI). Click either name above to swap in a different company.
Driven Brands Holdings Inc. is the larger business by last-quarter revenue ($535.7M vs $371.5M, roughly 1.4× MASIMO CORP). Driven Brands Holdings Inc. runs the higher net margin — 11.4% vs -27.0%, a 38.4% gap on every dollar of revenue. On growth, Driven Brands Holdings Inc. posted the faster year-over-year revenue change (6.6% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $39.5M). Over the past eight quarters, Driven Brands Holdings Inc.'s revenue compounded faster (-4.0% CAGR vs -17.7%).
Standard Brands was a packaged foods company, formed in 1929 by J. P. Morgan & Co. with the merger of:Fleischmann Company Royal Baking Powder Company E. W. Gillett Company of Canada (1929) - Toronto-based baking goods company founded by P. W. Gillett in 1852 Widlar Food Products Company Chase & Sanborn Coffee Company
Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.
DRVN vs MASI — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $535.7M | $371.5M |
| Net Profit | $60.9M | $-100.4M |
| Gross Margin | — | 62.1% |
| Operating Margin | 11.6% | 22.5% |
| Net Margin | 11.4% | -27.0% |
| Revenue YoY | 6.6% | -26.4% |
| Net Profit YoY | 507.2% | -1124.5% |
| EPS (diluted) | $0.37 | $-1.84 |
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.
| Q3 25 | $535.7M | $371.5M | ||
| Q2 25 | $551.0M | $370.9M | ||
| Q1 25 | $516.2M | $372.0M | ||
| Q4 24 | $836.5M | $600.7M | ||
| Q3 24 | $502.3M | $504.6M | ||
| Q2 24 | $518.8M | $496.3M | ||
| Q1 24 | $482.0M | $492.8M | ||
| Q4 23 | — | $548.9M |
| Q3 25 | $60.9M | $-100.4M | ||
| Q2 25 | $47.6M | $51.3M | ||
| Q1 25 | $5.5M | $-170.7M | ||
| Q4 24 | $-312.0M | $-349.6M | ||
| Q3 24 | $-14.9M | $9.8M | ||
| Q2 24 | $30.2M | $16.0M | ||
| Q1 24 | $4.3M | $18.9M | ||
| Q4 23 | — | $33.9M |
| Q3 25 | — | 62.1% | ||
| Q2 25 | — | 62.9% | ||
| Q1 25 | — | 62.9% | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 51.3% | ||
| Q1 24 | — | 49.0% | ||
| Q4 23 | — | 47.9% |
| Q3 25 | 11.6% | 22.5% | ||
| Q2 25 | 6.9% | 17.4% | ||
| Q1 25 | 11.9% | 21.0% | ||
| Q4 24 | -41.6% | -59.8% | ||
| Q3 24 | 9.9% | 6.0% | ||
| Q2 24 | 17.4% | 5.7% | ||
| Q1 24 | 14.1% | 6.9% | ||
| Q4 23 | — | 8.0% |
| Q3 25 | 11.4% | -27.0% | ||
| Q2 25 | 8.6% | 13.8% | ||
| Q1 25 | 1.1% | -45.9% | ||
| Q4 24 | -37.3% | -58.2% | ||
| Q3 24 | -3.0% | 1.9% | ||
| Q2 24 | 5.8% | 3.2% | ||
| Q1 24 | 0.9% | 3.8% | ||
| Q4 23 | — | 6.2% |
| Q3 25 | $0.37 | $-1.84 | ||
| Q2 25 | $0.29 | $0.94 | ||
| Q1 25 | $0.04 | $-3.12 | ||
| Q4 24 | $-1.93 | $-6.54 | ||
| Q3 24 | $-0.09 | $0.18 | ||
| Q2 24 | $0.18 | $0.29 | ||
| Q1 24 | $0.02 | $0.35 | ||
| Q4 23 | — | $0.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $162.0M | $312.3M |
| Total DebtLower is stronger | $1.9B | $559.1M |
| Stockholders' EquityBook value | $793.5M | $810.0M |
| Total Assets | $4.2B | $1.8B |
| Debt / EquityLower = less leverage | 2.44× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $162.0M | $312.3M | ||
| Q2 25 | $166.1M | $149.6M | ||
| Q1 25 | $152.0M | $130.8M | ||
| Q4 24 | $149.6M | $177.6M | ||
| Q3 24 | $204.2M | $158.5M | ||
| Q2 24 | $148.8M | $129.6M | ||
| Q1 24 | $165.5M | $157.6M | ||
| Q4 23 | — | $163.0M |
| Q3 25 | $1.9B | $559.1M | ||
| Q2 25 | $2.1B | $613.7M | ||
| Q1 25 | $2.6B | $651.0M | ||
| Q4 24 | $2.7B | $765.2M | ||
| Q3 24 | $2.7B | $772.6M | ||
| Q2 24 | $2.9B | $781.6M | ||
| Q1 24 | $2.9B | $876.0M | ||
| Q4 23 | — | $906.0M |
| Q3 25 | $793.5M | $810.0M | ||
| Q2 25 | $743.4M | $1.0B | ||
| Q1 25 | $643.2M | $946.4M | ||
| Q4 24 | $607.3M | $1.1B | ||
| Q3 24 | $962.8M | $1.5B | ||
| Q2 24 | $942.8M | $1.4B | ||
| Q1 24 | $906.2M | $1.4B | ||
| Q4 23 | — | $1.4B |
| Q3 25 | $4.2B | $1.8B | ||
| Q2 25 | $4.3B | $2.4B | ||
| Q1 25 | $5.3B | $2.3B | ||
| Q4 24 | $5.3B | $2.6B | ||
| Q3 24 | $5.8B | $3.1B | ||
| Q2 24 | $5.8B | $2.9B | ||
| Q1 24 | $5.9B | $3.0B | ||
| Q4 23 | — | $3.0B |
| Q3 25 | 2.44× | 0.69× | ||
| Q2 25 | 2.82× | 0.59× | ||
| Q1 25 | 4.07× | 0.69× | ||
| Q4 24 | 4.37× | 0.73× | ||
| Q3 24 | 2.84× | 0.53× | ||
| Q2 24 | 3.03× | 0.57× | ||
| Q1 24 | 3.21× | 0.64× | ||
| Q4 23 | — | 0.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $79.2M | $56.8M |
| Free Cash FlowOCF − Capex | $39.5M | $50.9M |
| FCF MarginFCF / Revenue | 7.4% | 13.7% |
| Capex IntensityCapex / Revenue | 7.4% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $31.1M | $191.0M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $79.2M | $56.8M | ||
| Q2 25 | $80.4M | $69.4M | ||
| Q1 25 | $75.1M | $31.1M | ||
| Q4 24 | $32.9M | $50.5M | ||
| Q3 24 | $101.3M | $25.6M | ||
| Q2 24 | $46.9M | $74.5M | ||
| Q1 24 | $60.3M | $45.8M | ||
| Q4 23 | — | $77.1M |
| Q3 25 | $39.5M | $50.9M | ||
| Q2 25 | $9.0M | $65.6M | ||
| Q1 25 | $18.9M | $28.5M | ||
| Q4 24 | $-36.3M | $46.0M | ||
| Q3 24 | $37.9M | $16.9M | ||
| Q2 24 | $-19.5M | $66.9M | ||
| Q1 24 | $-29.2M | $37.6M | ||
| Q4 23 | — | $66.2M |
| Q3 25 | 7.4% | 13.7% | ||
| Q2 25 | 1.6% | 17.7% | ||
| Q1 25 | 3.7% | 7.7% | ||
| Q4 24 | -4.3% | 7.7% | ||
| Q3 24 | 7.5% | 3.3% | ||
| Q2 24 | -3.8% | 13.5% | ||
| Q1 24 | -6.1% | 7.6% | ||
| Q4 23 | — | 12.1% |
| Q3 25 | 7.4% | 1.6% | ||
| Q2 25 | 13.0% | 1.0% | ||
| Q1 25 | 10.9% | 0.7% | ||
| Q4 24 | 8.3% | 0.7% | ||
| Q3 24 | 12.6% | 1.7% | ||
| Q2 24 | 12.8% | 1.5% | ||
| Q1 24 | 18.6% | 1.7% | ||
| Q4 23 | — | 2.0% |
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.69× | 1.35× | ||
| Q1 25 | 13.65× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.61× | ||
| Q2 24 | 1.56× | 4.66× | ||
| Q1 24 | 14.15× | 2.42× | ||
| Q4 23 | — | 2.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DRVN
| Company Operated Store Sales | $331.3M | 62% |
| Supply And Other | $74.3M | 14% |
| Car Wash Segment | $54.0M | 10% |
| Independently Operated Store Sales | $51.4M | 10% |
| Advertising | $27.9M | 5% |
| Employee Services Leasing Agreement | $2.0M | 0% |
MASI
Segment breakdown not available.
