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Side-by-side financial comparison of Embecta Corp. (EMBC) and Shimmick Corp (SHIM). Click either name above to swap in a different company.

Embecta Corp. is the larger business by last-quarter revenue ($261.2M vs $141.9M, roughly 1.8× Shimmick Corp). Embecta Corp. runs the higher net margin — 16.9% vs -3.1%, a 20.0% gap on every dollar of revenue. Embecta Corp. produced more free cash flow last quarter ($16.6M vs $-28.7M). Over the past eight quarters, Embecta Corp.'s revenue compounded faster (-4.6% CAGR vs -10.1%).

Embecta Corp. is a global medical technology company focused on diabetes care solutions. It designs, manufactures and distributes a full portfolio of products including insulin pen needles, syringes, infusion set components and related delivery devices, serving patients, healthcare providers and biopharmaceutical partners across North America, Europe, Asia Pacific and other major markets.

Shimmick Corp is a U.S.-based heavy civil construction firm specializing in building and upgrading critical public infrastructure, including water facilities, transportation systems, dams, and environmental remediation projects. It primarily serves federal, state, and local government clients across North America, delivering complex large-scale construction solutions for public sector segments.

EMBC vs SHIM — Head-to-Head

Bigger by revenue
EMBC
EMBC
1.8× larger
EMBC
$261.2M
$141.9M
SHIM
Higher net margin
EMBC
EMBC
20.0% more per $
EMBC
16.9%
-3.1%
SHIM
More free cash flow
EMBC
EMBC
$45.3M more FCF
EMBC
$16.6M
$-28.7M
SHIM
Faster 2-yr revenue CAGR
EMBC
EMBC
Annualised
EMBC
-4.6%
-10.1%
SHIM

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
EMBC
EMBC
SHIM
SHIM
Revenue
$261.2M
$141.9M
Net Profit
$44.1M
$-4.4M
Gross Margin
61.9%
7.6%
Operating Margin
31.9%
-2.2%
Net Margin
16.9%
-3.1%
Revenue YoY
-0.3%
Net Profit YoY
EPS (diluted)
$0.74
$-0.12

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
EMBC
EMBC
SHIM
SHIM
Q4 25
$261.2M
$141.9M
Q3 25
$264.0M
$128.4M
Q2 25
$295.5M
$122.1M
Q1 25
$259.0M
$103.6M
Q4 24
$261.9M
Q3 24
$286.1M
$166.0M
Q2 24
$272.5M
$90.6M
Q1 24
$287.2M
$120.0M
Net Profit
EMBC
EMBC
SHIM
SHIM
Q4 25
$44.1M
$-4.4M
Q3 25
$26.4M
$-8.5M
Q2 25
$45.5M
$-9.8M
Q1 25
$23.5M
$-38.5M
Q4 24
$0
Q3 24
$14.6M
$-1.6M
Q2 24
$14.7M
$-51.4M
Q1 24
$28.9M
$-33.3M
Gross Margin
EMBC
EMBC
SHIM
SHIM
Q4 25
61.9%
7.6%
Q3 25
60.0%
6.3%
Q2 25
66.7%
3.8%
Q1 25
63.4%
-20.1%
Q4 24
60.0%
Q3 24
60.7%
7.3%
Q2 24
69.8%
-34.4%
Q1 24
64.6%
-13.2%
Operating Margin
EMBC
EMBC
SHIM
SHIM
Q4 25
31.9%
-2.2%
Q3 25
21.4%
-5.5%
Q2 25
31.8%
-7.3%
Q1 25
24.3%
-39.3%
Q4 24
11.0%
Q3 24
9.2%
0.7%
Q2 24
20.5%
-53.0%
Q1 24
13.6%
-26.5%
Net Margin
EMBC
EMBC
SHIM
SHIM
Q4 25
16.9%
-3.1%
Q3 25
10.0%
-6.6%
Q2 25
15.4%
-8.0%
Q1 25
9.1%
-37.1%
Q4 24
Q3 24
5.1%
-0.9%
Q2 24
5.4%
-56.7%
Q1 24
10.1%
-27.8%
EPS (diluted)
EMBC
EMBC
SHIM
SHIM
Q4 25
$0.74
$-0.12
Q3 25
$0.44
$-0.25
Q2 25
$0.78
$-0.28
Q1 25
$0.40
$-0.92
Q4 24
$0.00
Q3 24
$0.24
$-0.05
Q2 24
$0.25
$-1.83
Q1 24
$0.50
$-1.30

Balance Sheet & Financial Strength

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

Metric
EMBC
EMBC
SHIM
SHIM
Cash + ST InvestmentsLiquidity on hand
$201.3M
$17.6M
Total DebtLower is stronger
$57.5M
Stockholders' EquityBook value
$-613.1M
$-52.7M
Total Assets
$1.1B
$218.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EMBC
EMBC
SHIM
SHIM
Q4 25
$201.3M
$17.6M
Q3 25
$225.5M
$21.4M
Q2 25
$230.6M
$16.3M
Q1 25
$209.3M
$33.7M
Q4 24
$210.0M
Q3 24
$267.5M
$26.0M
Q2 24
$275.1M
$22.4M
Q1 24
$299.8M
$27.3M
Total Debt
EMBC
EMBC
SHIM
SHIM
Q4 25
$57.5M
Q3 25
$1.4B
$36.4M
Q2 25
$31.4M
Q1 25
$9.5M
Q4 24
Q3 24
$1.6B
$39.9M
Q2 24
Q1 24
$31.5M
Stockholders' Equity
EMBC
EMBC
SHIM
SHIM
Q4 25
$-613.1M
$-52.7M
Q3 25
$-650.6M
$-49.5M
Q2 25
$-669.6M
$-42.6M
Q1 25
$-736.2M
$-34.7M
Q4 24
$-768.8M
Q3 24
$-738.3M
$973.0K
Q2 24
$-763.7M
$436.0K
Q1 24
$-769.6M
$38.1M
Total Assets
EMBC
EMBC
SHIM
SHIM
Q4 25
$1.1B
$218.5M
Q3 25
$1.1B
$203.0M
Q2 25
$1.2B
$227.7M
Q1 25
$1.1B
$233.9M
Q4 24
$1.1B
Q3 24
$1.3B
$346.7M
Q2 24
$1.3B
$344.5M
Q1 24
$1.2B
$378.0M
Debt / Equity
EMBC
EMBC
SHIM
SHIM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
41.01×
Q2 24
Q1 24
0.83×

Cash Flow & Capital Efficiency

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

Metric
EMBC
EMBC
SHIM
SHIM
Operating Cash FlowLast quarter
$17.2M
$-23.7M
Free Cash FlowOCF − Capex
$16.6M
$-28.7M
FCF MarginFCF / Revenue
6.4%
-20.2%
Capex IntensityCapex / Revenue
0.2%
3.5%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters
$205.8M
$-27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EMBC
EMBC
SHIM
SHIM
Q4 25
$17.2M
$-23.7M
Q3 25
$84.0M
$-3.8M
Q2 25
$81.2M
$-38.2M
Q1 25
$31.8M
$44.9M
Q4 24
$-5.3M
Q3 24
$26.6M
$12.7M
Q2 24
$-2.1M
$-43.9M
Q1 24
$24.3M
$-35.0M
Free Cash Flow
EMBC
EMBC
SHIM
SHIM
Q4 25
$16.6M
$-28.7M
Q3 25
$76.7M
$-4.2M
Q2 25
$80.8M
$-38.7M
Q1 25
$31.7M
$44.4M
Q4 24
$-6.8M
Q3 24
$10.3M
Q2 24
$-11.8M
$-46.8M
Q1 24
$20.9M
$-39.6M
FCF Margin
EMBC
EMBC
SHIM
SHIM
Q4 25
6.4%
-20.2%
Q3 25
29.1%
-3.2%
Q2 25
27.3%
-31.7%
Q1 25
12.2%
42.9%
Q4 24
-2.6%
Q3 24
6.2%
Q2 24
-4.3%
-51.7%
Q1 24
7.3%
-33.0%
Capex Intensity
EMBC
EMBC
SHIM
SHIM
Q4 25
0.2%
3.5%
Q3 25
2.8%
0.3%
Q2 25
0.1%
0.4%
Q1 25
0.0%
0.5%
Q4 24
0.6%
Q3 24
0.0%
1.4%
Q2 24
3.6%
3.3%
Q1 24
1.2%
3.8%
Cash Conversion
EMBC
EMBC
SHIM
SHIM
Q4 25
0.39×
Q3 25
3.18×
Q2 25
1.78×
Q1 25
1.35×
Q4 24
Q3 24
1.82×
Q2 24
-0.14×
Q1 24
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EMBC
EMBC

Pen Needles$185.5M71%
Safety$37.3M14%
Syringes$30.7M12%
Manufacturing Facility$4.1M2%

SHIM
SHIM

Shimmick Projects$106.8M75%
Non Core Projects$35.1M25%

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