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Side-by-side financial comparison of FIRST BANCORP (FBP) and MASIMO CORP (MASI). Click either name above to swap in a different company.

MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $257.2M, roughly 1.4× FIRST BANCORP). FIRST BANCORP runs the higher net margin — 33.9% vs -27.0%, a 60.9% gap on every dollar of revenue. On growth, FIRST BANCORP posted the faster year-over-year revenue change (6.5% vs -26.4%). FIRST BANCORP produced more free cash flow last quarter ($103.2M vs $50.9M). Over the past eight quarters, FIRST BANCORP's revenue compounded faster (5.6% CAGR vs -17.7%).

First Midwest Bancorp, Inc. was headquartered in Chicago, Illinois, just east of O'Hare Airport. The company's predecessor traces back to Joliet, Illinois. From there the company has grown to serve many Chicago suburbs including northwest Indiana, downstate Illinois, southeast Wisconsin and the Quad Cities area including Iowa. First Midwest Bank is one of the largest banking institutions in the United States

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.

FBP vs MASI — Head-to-Head

Bigger by revenue
MASI
MASI
1.4× larger
MASI
$371.5M
$257.2M
FBP
Growing faster (revenue YoY)
FBP
FBP
+32.9% gap
FBP
6.5%
-26.4%
MASI
Higher net margin
FBP
FBP
60.9% more per $
FBP
33.9%
-27.0%
MASI
More free cash flow
FBP
FBP
$52.3M more FCF
FBP
$103.2M
$50.9M
MASI
Faster 2-yr revenue CAGR
FBP
FBP
Annualised
FBP
5.6%
-17.7%
MASI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FBP
FBP
MASI
MASI
Revenue
$257.2M
$371.5M
Net Profit
$87.1M
$-100.4M
Gross Margin
62.1%
Operating Margin
41.7%
22.5%
Net Margin
33.9%
-27.0%
Revenue YoY
6.5%
-26.4%
Net Profit YoY
15.1%
-1124.5%
EPS (diluted)
$0.55
$-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.

Revenue
FBP
FBP
MASI
MASI
Q4 25
$257.2M
Q3 25
$248.7M
$371.5M
Q2 25
$246.8M
$370.9M
Q1 25
$248.1M
$372.0M
Q4 24
$241.5M
$600.7M
Q3 24
$234.6M
$504.6M
Q2 24
$231.7M
$496.3M
Q1 24
$230.5M
$492.8M
Net Profit
FBP
FBP
MASI
MASI
Q4 25
$87.1M
Q3 25
$100.5M
$-100.4M
Q2 25
$80.2M
$51.3M
Q1 25
$77.1M
$-170.7M
Q4 24
$75.7M
$-349.6M
Q3 24
$73.7M
$9.8M
Q2 24
$75.8M
$16.0M
Q1 24
$73.5M
$18.9M
Gross Margin
FBP
FBP
MASI
MASI
Q4 25
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%
Operating Margin
FBP
FBP
MASI
MASI
Q4 25
41.7%
Q3 25
42.7%
22.5%
Q2 25
41.7%
17.4%
Q1 25
40.4%
21.0%
Q4 24
39.8%
-59.8%
Q3 24
41.1%
6.0%
Q2 24
43.8%
5.7%
Q1 24
42.3%
6.9%
Net Margin
FBP
FBP
MASI
MASI
Q4 25
33.9%
Q3 25
40.4%
-27.0%
Q2 25
32.5%
13.8%
Q1 25
31.1%
-45.9%
Q4 24
31.4%
-58.2%
Q3 24
31.4%
1.9%
Q2 24
32.7%
3.2%
Q1 24
31.9%
3.8%
EPS (diluted)
FBP
FBP
MASI
MASI
Q4 25
$0.55
Q3 25
$0.63
$-1.84
Q2 25
$0.50
$0.94
Q1 25
$0.47
$-3.12
Q4 24
$0.46
$-6.54
Q3 24
$0.45
$0.18
Q2 24
$0.46
$0.29
Q1 24
$0.44
$0.35

Balance Sheet & Financial Strength

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

Metric
FBP
FBP
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$312.3M
Total DebtLower is stronger
$290.0M
$559.1M
Stockholders' EquityBook value
$2.0B
$810.0M
Total Assets
$19.1B
$1.8B
Debt / EquityLower = less leverage
0.15×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBP
FBP
MASI
MASI
Q4 25
Q3 25
$312.3M
Q2 25
$149.6M
Q1 25
$130.8M
Q4 24
$177.6M
Q3 24
$158.5M
Q2 24
$129.6M
Q1 24
$157.6M
Total Debt
FBP
FBP
MASI
MASI
Q4 25
$290.0M
Q3 25
$290.0M
$559.1M
Q2 25
$320.0M
$613.7M
Q1 25
$331.1M
$651.0M
Q4 24
$561.7M
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
FBP
FBP
MASI
MASI
Q4 25
$2.0B
Q3 25
$1.9B
$810.0M
Q2 25
$1.8B
$1.0B
Q1 25
$1.8B
$946.4M
Q4 24
$1.7B
$1.1B
Q3 24
$1.7B
$1.5B
Q2 24
$1.5B
$1.4B
Q1 24
$1.5B
$1.4B
Total Assets
FBP
FBP
MASI
MASI
Q4 25
$19.1B
Q3 25
$19.3B
$1.8B
Q2 25
$18.9B
$2.4B
Q1 25
$19.1B
$2.3B
Q4 24
$19.3B
$2.6B
Q3 24
$18.9B
$3.1B
Q2 24
$18.9B
$2.9B
Q1 24
$18.9B
$3.0B
Debt / Equity
FBP
FBP
MASI
MASI
Q4 25
0.15×
Q3 25
0.15×
0.69×
Q2 25
0.17×
0.59×
Q1 25
0.19×
0.69×
Q4 24
0.34×
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
0.64×

Cash Flow & Capital Efficiency

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

Metric
FBP
FBP
MASI
MASI
Operating Cash FlowLast quarter
$107.3M
$56.8M
Free Cash FlowOCF − Capex
$103.2M
$50.9M
FCF MarginFCF / Revenue
40.1%
13.7%
Capex IntensityCapex / Revenue
1.6%
1.6%
Cash ConversionOCF / Net Profit
1.23×
TTM Free Cash FlowTrailing 4 quarters
$437.5M
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBP
FBP
MASI
MASI
Q4 25
$107.3M
Q3 25
$137.6M
$56.8M
Q2 25
$95.4M
$69.4M
Q1 25
$108.2M
$31.1M
Q4 24
$96.8M
$50.5M
Q3 24
$118.0M
$25.6M
Q2 24
$71.1M
$74.5M
Q1 24
$118.2M
$45.8M
Free Cash Flow
FBP
FBP
MASI
MASI
Q4 25
$103.2M
Q3 25
$134.8M
$50.9M
Q2 25
$92.8M
$65.6M
Q1 25
$106.7M
$28.5M
Q4 24
$95.2M
$46.0M
Q3 24
$115.4M
$16.9M
Q2 24
$69.4M
$66.9M
Q1 24
$114.1M
$37.6M
FCF Margin
FBP
FBP
MASI
MASI
Q4 25
40.1%
Q3 25
54.2%
13.7%
Q2 25
37.6%
17.7%
Q1 25
43.0%
7.7%
Q4 24
39.4%
7.7%
Q3 24
49.2%
3.3%
Q2 24
30.0%
13.5%
Q1 24
49.5%
7.6%
Capex Intensity
FBP
FBP
MASI
MASI
Q4 25
1.6%
Q3 25
1.2%
1.6%
Q2 25
1.1%
1.0%
Q1 25
0.6%
0.7%
Q4 24
0.7%
0.7%
Q3 24
1.1%
1.7%
Q2 24
0.7%
1.5%
Q1 24
1.8%
1.7%
Cash Conversion
FBP
FBP
MASI
MASI
Q4 25
1.23×
Q3 25
1.37×
Q2 25
1.19×
1.35×
Q1 25
1.40×
Q4 24
1.28×
Q3 24
1.60×
2.61×
Q2 24
0.94×
4.66×
Q1 24
1.61×
2.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBP
FBP

Consumer Retail Banking Segment$171.5M67%
Commercial And Corporate Segment$46.9M18%
Mortgage Banking Segment$22.4M9%
Virgin Islands Operations Segment$18.6M7%

MASI
MASI

Segment breakdown not available.

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