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Side-by-side financial comparison of Encompass Health Corp (EHC) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

Encompass Health Corp is the larger business by last-quarter revenue ($1.5B vs $891.0M, roughly 1.7× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 9.5%, a 20.1% gap on every dollar of revenue. On growth, Encompass Health Corp posted the faster year-over-year revenue change (9.9% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $116.7M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs 8.3%).

Encompass Health Corporation, formerly Amcare and HealthSouth, based in Birmingham, Alabama, is the United States's largest provider of inpatient rehabilitative services, offering facility-based care through its network of 173 inpatient rehabilitation hospitals located in 39 states and Puerto Rico. Encompass Health's hospitals focus on providing rehabilitative treatment and care to patients who are recovering from stroke and other neurological disorders, cardiac and pulmonary conditions, brai...

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

EHC vs ZION — Head-to-Head

Bigger by revenue
EHC
EHC
1.7× larger
EHC
$1.5B
$891.0M
ZION
Growing faster (revenue YoY)
EHC
EHC
+1.3% gap
EHC
9.9%
8.7%
ZION
Higher net margin
ZION
ZION
20.1% more per $
ZION
29.5%
9.5%
EHC
More free cash flow
ZION
ZION
$835.3M more FCF
ZION
$952.0M
$116.7M
EHC
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
8.3%
EHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EHC
EHC
ZION
ZION
Revenue
$1.5B
$891.0M
Net Profit
$146.1M
$263.0M
Gross Margin
Operating Margin
16.7%
Net Margin
9.5%
29.5%
Revenue YoY
9.9%
8.7%
Net Profit YoY
20.8%
21.8%
EPS (diluted)
$1.43
$1.77

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
EHC
EHC
ZION
ZION
Q4 25
$1.5B
$891.0M
Q3 25
$1.5B
$861.0M
Q2 25
$1.5B
$838.0M
Q1 25
$1.5B
$795.0M
Q4 24
$1.4B
$820.0M
Q3 24
$1.4B
$792.0M
Q2 24
$1.3B
$777.0M
Q1 24
$1.3B
$742.0M
Net Profit
EHC
EHC
ZION
ZION
Q4 25
$146.1M
$263.0M
Q3 25
$126.5M
$222.0M
Q2 25
$142.1M
$244.0M
Q1 25
$151.5M
$170.0M
Q4 24
$120.9M
$216.0M
Q3 24
$108.2M
$214.0M
Q2 24
$114.1M
$201.0M
Q1 24
$112.5M
$153.0M
Operating Margin
EHC
EHC
ZION
ZION
Q4 25
16.7%
Q3 25
14.9%
Q2 25
16.2%
Q1 25
16.4%
Q4 24
14.3%
Q3 24
13.6%
Q2 24
14.3%
Q1 24
13.6%
Net Margin
EHC
EHC
ZION
ZION
Q4 25
9.5%
29.5%
Q3 25
8.6%
25.8%
Q2 25
9.7%
29.1%
Q1 25
10.4%
21.4%
Q4 24
8.6%
26.3%
Q3 24
8.0%
27.0%
Q2 24
8.8%
25.9%
Q1 24
8.5%
20.6%
EPS (diluted)
EHC
EHC
ZION
ZION
Q4 25
$1.43
$1.77
Q3 25
$1.24
$1.48
Q2 25
$1.39
$1.63
Q1 25
$1.48
$1.13
Q4 24
$1.18
$1.34
Q3 24
$1.06
$1.37
Q2 24
$1.12
$1.28
Q1 24
$1.10
$0.96

Balance Sheet & Financial Strength

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

Metric
EHC
EHC
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$72.2M
Total DebtLower is stronger
$2.4B
$1.5B
Stockholders' EquityBook value
$2.4B
$7.2B
Total Assets
$7.1B
$89.0B
Debt / EquityLower = less leverage
1.00×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EHC
EHC
ZION
ZION
Q4 25
$72.2M
Q3 25
$48.7M
Q2 25
$99.1M
Q1 25
$95.8M
Q4 24
$85.4M
Q3 24
$147.8M
Q2 24
$154.4M
Q1 24
$134.4M
Total Debt
EHC
EHC
ZION
ZION
Q4 25
$2.4B
$1.5B
Q3 25
$2.4B
$1.5B
Q2 25
$2.3B
$970.0M
Q1 25
$2.3B
$964.0M
Q4 24
$2.4B
$950.0M
Q3 24
$2.3B
$548.0M
Q2 24
$2.7B
$546.0M
Q1 24
$2.7B
$544.0M
Stockholders' Equity
EHC
EHC
ZION
ZION
Q4 25
$2.4B
$7.2B
Q3 25
$2.4B
$6.9B
Q2 25
$2.3B
$6.6B
Q1 25
$2.2B
$6.3B
Q4 24
$2.1B
$6.1B
Q3 24
$2.0B
$6.4B
Q2 24
$1.8B
$6.0B
Q1 24
$1.7B
$5.8B
Total Assets
EHC
EHC
ZION
ZION
Q4 25
$7.1B
$89.0B
Q3 25
$6.9B
$88.5B
Q2 25
$6.8B
$88.9B
Q1 25
$6.6B
$88.0B
Q4 24
$6.5B
$88.8B
Q3 24
$6.5B
$87.0B
Q2 24
$6.4B
$87.6B
Q1 24
$6.2B
$87.1B
Debt / Equity
EHC
EHC
ZION
ZION
Q4 25
1.00×
0.21×
Q3 25
1.01×
0.21×
Q2 25
1.02×
0.15×
Q1 25
1.08×
0.15×
Q4 24
1.14×
0.16×
Q3 24
1.20×
0.09×
Q2 24
1.46×
0.09×
Q1 24
1.54×
0.09×

Cash Flow & Capital Efficiency

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

Metric
EHC
EHC
ZION
ZION
Operating Cash FlowLast quarter
$346.0M
$1.1B
Free Cash FlowOCF − Capex
$116.7M
$952.0M
FCF MarginFCF / Revenue
7.6%
106.8%
Capex IntensityCapex / Revenue
14.8%
13.6%
Cash ConversionOCF / Net Profit
2.37×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$439.2M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EHC
EHC
ZION
ZION
Q4 25
$346.0M
$1.1B
Q3 25
$270.8M
$438.0M
Q2 25
$270.2M
$-62.0M
Q1 25
$288.6M
$179.0M
Q4 24
$278.8M
$1.1B
Q3 24
$267.8M
$119.0M
Q2 24
$217.4M
$251.0M
Q1 24
$238.8M
$261.0M
Free Cash Flow
EHC
EHC
ZION
ZION
Q4 25
$116.7M
$952.0M
Q3 25
$83.7M
$413.0M
Q2 25
$113.3M
$-93.0M
Q1 25
$125.5M
$152.0M
Q4 24
$80.1M
$1.1B
Q3 24
$120.3M
$97.0M
Q2 24
$60.5M
$234.0M
Q1 24
$99.4M
$231.0M
FCF Margin
EHC
EHC
ZION
ZION
Q4 25
7.6%
106.8%
Q3 25
5.7%
48.0%
Q2 25
7.8%
-11.1%
Q1 25
8.6%
19.1%
Q4 24
5.7%
128.2%
Q3 24
8.9%
12.2%
Q2 24
4.6%
30.1%
Q1 24
7.6%
31.1%
Capex Intensity
EHC
EHC
ZION
ZION
Q4 25
14.8%
13.6%
Q3 25
12.7%
2.9%
Q2 25
10.8%
3.7%
Q1 25
11.2%
3.4%
Q4 24
14.1%
11.8%
Q3 24
10.9%
2.8%
Q2 24
12.1%
2.2%
Q1 24
10.6%
4.0%
Cash Conversion
EHC
EHC
ZION
ZION
Q4 25
2.37×
4.08×
Q3 25
2.14×
1.97×
Q2 25
1.90×
-0.25×
Q1 25
1.90×
1.05×
Q4 24
2.31×
5.31×
Q3 24
2.48×
0.56×
Q2 24
1.91×
1.25×
Q1 24
2.12×
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EHC
EHC

Medicare$1.0B66%
Medicare Advantage$243.1M16%
Managed Care$160.7M10%
Medicaid$47.0M3%
Other Income Source$44.8M3%
Other Thirdparty Payors$11.2M1%
Workers Compensation$7.6M0%
Patients$4.6M0%

ZION
ZION

Segment breakdown not available.

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