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Side-by-side financial comparison of EASTERN CO (EML) and Liquidia Corp (LQDA). Click either name above to swap in a different company.

Liquidia Corp is the larger business by last-quarter revenue ($92.0M vs $55.3M, roughly 1.7× EASTERN CO). Liquidia Corp runs the higher net margin — 15.8% vs 1.0%, a 14.8% gap on every dollar of revenue. On growth, Liquidia Corp posted the faster year-over-year revenue change (3054.6% vs -22.4%). Liquidia Corp produced more free cash flow last quarter ($42.2M vs $3.1M).

China Eastern Airlines is a major airline in China, headquartered in Changning, Shanghai. It is one of the three major airlines in the country, along with Air China and China Southern Airlines.

Liquidia Corp is a late-stage biopharmaceutical firm focused on developing and commercializing innovative inhaled therapies for respiratory and rare diseases. It uses its proprietary PRINT particle engineering tech to create optimized drug products, with core markets in North America covering pulmonary arterial hypertension and asthma indications.

EML vs LQDA — Head-to-Head

Bigger by revenue
LQDA
LQDA
1.7× larger
LQDA
$92.0M
$55.3M
EML
Growing faster (revenue YoY)
LQDA
LQDA
+3077.0% gap
LQDA
3054.6%
-22.4%
EML
Higher net margin
LQDA
LQDA
14.8% more per $
LQDA
15.8%
1.0%
EML
More free cash flow
LQDA
LQDA
$39.1M more FCF
LQDA
$42.2M
$3.1M
EML

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
EML
EML
LQDA
LQDA
Revenue
$55.3M
$92.0M
Net Profit
$578.9K
$14.6M
Gross Margin
22.3%
Operating Margin
3.1%
21.5%
Net Margin
1.0%
15.8%
Revenue YoY
-22.4%
3054.6%
Net Profit YoY
103.8%
137.9%
EPS (diluted)
$0.10
$0.18

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
EML
EML
LQDA
LQDA
Q4 25
$92.0M
Q3 25
$55.3M
$54.3M
Q2 25
$70.2M
Q1 25
$63.3M
Q4 24
$64.3M
Q3 24
$71.3M
Q2 24
$72.6M
Q1 24
$64.6M
Net Profit
EML
EML
LQDA
LQDA
Q4 25
$14.6M
Q3 25
$578.9K
$-3.5M
Q2 25
$3.4M
Q1 25
$1.9M
Q4 24
$1.3M
Q3 24
$-15.3M
Q2 24
$3.5M
Q1 24
$1.9M
Gross Margin
EML
EML
LQDA
LQDA
Q4 25
Q3 25
22.3%
Q2 25
23.3%
Q1 25
22.4%
Q4 24
23.6%
Q3 24
25.5%
Q2 24
25.4%
Q1 24
23.9%
Operating Margin
EML
EML
LQDA
LQDA
Q4 25
21.5%
Q3 25
3.1%
3.3%
Q2 25
4.5%
Q1 25
5.1%
Q4 24
6.1%
Q3 24
9.5%
Q2 24
8.3%
Q1 24
5.3%
Net Margin
EML
EML
LQDA
LQDA
Q4 25
15.8%
Q3 25
1.0%
-6.5%
Q2 25
4.9%
Q1 25
3.1%
Q4 24
2.0%
Q3 24
-21.5%
Q2 24
4.8%
Q1 24
3.0%
EPS (diluted)
EML
EML
LQDA
LQDA
Q4 25
$0.18
Q3 25
$0.10
$-0.04
Q2 25
$0.56
Q1 25
$0.32
Q4 24
$0.22
Q3 24
$-2.46
Q2 24
$0.56
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
EML
EML
LQDA
LQDA
Cash + ST InvestmentsLiquidity on hand
$9.2M
$190.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$124.3M
$44.7M
Total Assets
$220.0M
$327.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EML
EML
LQDA
LQDA
Q4 25
$190.7M
Q3 25
$9.2M
$157.5M
Q2 25
$9.1M
Q1 25
$10.2M
Q4 24
$16.1M
Q3 24
$9.7M
Q2 24
$2.0M
Q1 24
$2.1M
Total Debt
EML
EML
LQDA
LQDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$42.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EML
EML
LQDA
LQDA
Q4 25
$44.7M
Q3 25
$124.3M
$22.1M
Q2 25
$124.4M
Q1 25
$121.0M
Q4 24
$120.7M
Q3 24
$119.2M
Q2 24
$136.5M
Q1 24
$134.5M
Total Assets
EML
EML
LQDA
LQDA
Q4 25
$327.9M
Q3 25
$220.0M
$276.0M
Q2 25
$229.4M
Q1 25
$232.3M
Q4 24
$235.3M
Q3 24
$244.2M
Q2 24
$255.9M
Q1 24
$253.9M
Debt / Equity
EML
EML
LQDA
LQDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.35×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
EML
EML
LQDA
LQDA
Operating Cash FlowLast quarter
$3.1M
$44.2M
Free Cash FlowOCF − Capex
$3.1M
$42.2M
FCF MarginFCF / Revenue
5.5%
45.9%
Capex IntensityCapex / Revenue
0.1%
2.2%
Cash ConversionOCF / Net Profit
5.38×
3.04×
TTM Free Cash FlowTrailing 4 quarters
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EML
EML
LQDA
LQDA
Q4 25
$44.2M
Q3 25
$3.1M
$-9.8M
Q2 25
$3.8M
Q1 25
$-1.8M
Q4 24
$11.0M
Q3 24
$-2.9M
Q2 24
$8.4M
Q1 24
$2.8M
Free Cash Flow
EML
EML
LQDA
LQDA
Q4 25
$42.2M
Q3 25
$3.1M
$-10.7M
Q2 25
$3.0M
Q1 25
$-2.7M
Q4 24
$9.0M
Q3 24
$-7.7M
Q2 24
$7.3M
Q1 24
$1.1M
FCF Margin
EML
EML
LQDA
LQDA
Q4 25
45.9%
Q3 25
5.5%
-19.7%
Q2 25
4.3%
Q1 25
-4.3%
Q4 24
13.9%
Q3 24
-10.8%
Q2 24
10.1%
Q1 24
1.7%
Capex Intensity
EML
EML
LQDA
LQDA
Q4 25
2.2%
Q3 25
0.1%
1.7%
Q2 25
1.1%
Q1 25
1.3%
Q4 24
3.2%
Q3 24
6.7%
Q2 24
1.5%
Q1 24
2.6%
Cash Conversion
EML
EML
LQDA
LQDA
Q4 25
3.04×
Q3 25
5.38×
Q2 25
1.09×
Q1 25
-0.95×
Q4 24
8.41×
Q3 24
Q2 24
2.40×
Q1 24
1.43×

Financial Flow Comparison

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

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