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Side-by-side financial comparison of EDGEWELL PERSONAL CARE Co (EPC) and Waldencast plc (WALD). Click either name above to swap in a different company.

EDGEWELL PERSONAL CARE Co is the larger business by last-quarter revenue ($422.8M vs $108.8M, roughly 3.9× Waldencast plc). EDGEWELL PERSONAL CARE Co runs the higher net margin — -15.5% vs -55.7%, a 40.1% gap on every dollar of revenue. On growth, Waldencast plc posted the faster year-over-year revenue change (17.8% vs -11.6%). Waldencast plc produced more free cash flow last quarter ($-13.9M vs $-137.5M).

The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings, Inc..

Waldencast plc is a global multi-brand platform focused on acquiring, developing and scaling high-growth premium niche brands across the beauty, personal care and wellness sectors. It operates primarily across North America and European markets, with core offerings including clean skincare, haircare, color cosmetics and wellness products targeted at quality-focused consumers.

EPC vs WALD — Head-to-Head

Bigger by revenue
EPC
EPC
3.9× larger
EPC
$422.8M
$108.8M
WALD
Growing faster (revenue YoY)
WALD
WALD
+29.4% gap
WALD
17.8%
-11.6%
EPC
Higher net margin
EPC
EPC
40.1% more per $
EPC
-15.5%
-55.7%
WALD
More free cash flow
WALD
WALD
$123.6M more FCF
WALD
$-13.9M
$-137.5M
EPC

Income Statement — Q1 2026 vs Q4 2023

Metric
EPC
EPC
WALD
WALD
Revenue
$422.8M
$108.8M
Net Profit
$-65.7M
$-60.6M
Gross Margin
38.1%
67.5%
Operating Margin
-4.5%
-42.9%
Net Margin
-15.5%
-55.7%
Revenue YoY
-11.6%
17.8%
Net Profit YoY
-3028.6%
EPS (diluted)
$-1.41
$-0.65

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
EPC
EPC
WALD
WALD
Q4 25
$422.8M
Q3 25
$600.5M
Q2 25
$627.2M
Q1 25
$580.7M
Q4 24
$415.1M
Q3 24
$517.6M
Q2 24
$647.8M
Q1 24
$599.4M
Net Profit
EPC
EPC
WALD
WALD
Q4 25
$-65.7M
Q3 25
$-30.6M
Q2 25
$29.1M
Q1 25
$29.0M
Q4 24
$-2.1M
Q3 24
$8.8M
Q2 24
$49.0M
Q1 24
$36.0M
Gross Margin
EPC
EPC
WALD
WALD
Q4 25
38.1%
Q3 25
37.9%
Q2 25
42.8%
Q1 25
44.1%
Q4 24
41.6%
Q3 24
41.1%
Q2 24
44.3%
Q1 24
43.1%
Operating Margin
EPC
EPC
WALD
WALD
Q4 25
-4.5%
Q3 25
-4.2%
Q2 25
8.6%
Q1 25
10.1%
Q4 24
2.2%
Q3 24
3.9%
Q2 24
12.8%
Q1 24
11.7%
Net Margin
EPC
EPC
WALD
WALD
Q4 25
-15.5%
Q3 25
-5.1%
Q2 25
4.6%
Q1 25
5.0%
Q4 24
-0.5%
Q3 24
1.7%
Q2 24
7.6%
Q1 24
6.0%
EPS (diluted)
EPC
EPC
WALD
WALD
Q4 25
$-1.41
Q3 25
$-0.65
Q2 25
$0.62
Q1 25
$0.60
Q4 24
$-0.04
Q3 24
$0.18
Q2 24
$0.98
Q1 24
$0.72

Balance Sheet & Financial Strength

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

Metric
EPC
EPC
WALD
WALD
Cash + ST InvestmentsLiquidity on hand
$21.1M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.5B
$624.6M
Total Assets
$3.8B
$1.0B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPC
EPC
WALD
WALD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$209.1M
Q2 24
Q1 24
Total Debt
EPC
EPC
WALD
WALD
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.4B
Stockholders' Equity
EPC
EPC
WALD
WALD
Q4 25
$1.5B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.6B
Total Assets
EPC
EPC
WALD
WALD
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$3.8B
Q1 25
$3.8B
Q4 24
$3.7B
Q3 24
$3.7B
Q2 24
$3.7B
Q1 24
$3.8B
Debt / Equity
EPC
EPC
WALD
WALD
Q4 25
1.03×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.95×
Q4 24
0.97×
Q3 24
0.81×
Q2 24
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
EPC
EPC
WALD
WALD
Operating Cash FlowLast quarter
$-125.9M
$-13.4M
Free Cash FlowOCF − Capex
$-137.5M
$-13.9M
FCF MarginFCF / Revenue
-32.5%
-12.7%
Capex IntensityCapex / Revenue
2.7%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$36.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPC
EPC
WALD
WALD
Q4 25
$-125.9M
Q3 25
$74.1M
Q2 25
$114.8M
Q1 25
$45.1M
Q4 24
$-115.6M
Q3 24
$-388.3M
Q2 24
$101.2M
Q1 24
$129.0M
Free Cash Flow
EPC
EPC
WALD
WALD
Q4 25
$-137.5M
Q3 25
$46.5M
Q2 25
$99.3M
Q1 25
$28.0M
Q4 24
$-132.4M
Q3 24
$-414.2M
Q2 24
$88.6M
Q1 24
$117.5M
FCF Margin
EPC
EPC
WALD
WALD
Q4 25
-32.5%
Q3 25
7.7%
Q2 25
15.8%
Q1 25
4.8%
Q4 24
-31.9%
Q3 24
-80.0%
Q2 24
13.7%
Q1 24
19.6%
Capex Intensity
EPC
EPC
WALD
WALD
Q4 25
2.7%
Q3 25
4.6%
Q2 25
2.5%
Q1 25
2.9%
Q4 24
4.0%
Q3 24
5.0%
Q2 24
1.9%
Q1 24
1.9%
Cash Conversion
EPC
EPC
WALD
WALD
Q4 25
Q3 25
Q2 25
3.95×
Q1 25
1.56×
Q4 24
Q3 24
-44.13×
Q2 24
2.07×
Q1 24
3.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPC
EPC

Other$242.0M57%
Sunand Skin Care Segment$131.5M31%
Shavinggelsandcreams$32.3M8%
Wipes And Other Skin Care Products$17.0M4%

WALD
WALD

Segment breakdown not available.

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