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Side-by-side financial comparison of FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

UNITED THERAPEUTICS Corp is the larger business by last-quarter revenue ($790.2M vs $498.0M, roughly 1.6× FLAGSTAR BANK, NATIONAL ASSOCIATION). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 4.2%, a 41.9% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs 1.6%). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% CAGR vs -10.7%).

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

FLG vs UTHR — Head-to-Head

Bigger by revenue
UTHR
UTHR
1.6× larger
UTHR
$790.2M
$498.0M
FLG
Growing faster (revenue YoY)
UTHR
UTHR
+5.7% gap
UTHR
7.4%
1.6%
FLG
Higher net margin
UTHR
UTHR
41.9% more per $
UTHR
46.1%
4.2%
FLG
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
-10.7%
FLG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLG
FLG
UTHR
UTHR
Revenue
$498.0M
$790.2M
Net Profit
$21.0M
$364.3M
Gross Margin
86.9%
Operating Margin
11.4%
45.1%
Net Margin
4.2%
46.1%
Revenue YoY
1.6%
7.4%
Net Profit YoY
-38.1%
20.9%
EPS (diluted)
$0.03
$7.66

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
FLG
FLG
UTHR
UTHR
Q1 26
$498.0M
Q4 25
$2.1B
$790.2M
Q3 25
$425.0M
$799.5M
Q2 25
$419.0M
$798.6M
Q1 25
$794.4M
Q4 24
$461.0M
$735.9M
Q3 24
$510.0M
$748.9M
Q2 24
$557.0M
$714.9M
Net Profit
FLG
FLG
UTHR
UTHR
Q1 26
$21.0M
Q4 25
$29.0M
$364.3M
Q3 25
$-36.0M
$338.7M
Q2 25
$-70.0M
$309.5M
Q1 25
$322.2M
Q4 24
$-188.0M
$301.3M
Q3 24
$-280.0M
$309.1M
Q2 24
$-323.0M
$278.1M
Gross Margin
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Operating Margin
FLG
FLG
UTHR
UTHR
Q1 26
11.4%
Q4 25
45.1%
Q3 25
-9.6%
48.6%
Q2 25
-19.3%
45.6%
Q1 25
48.2%
Q4 24
-51.6%
48.6%
Q3 24
-65.7%
45.8%
Q2 24
-76.1%
44.7%
Net Margin
FLG
FLG
UTHR
UTHR
Q1 26
4.2%
Q4 25
1.4%
46.1%
Q3 25
-8.5%
42.4%
Q2 25
-16.7%
38.8%
Q1 25
40.6%
Q4 24
-40.8%
40.9%
Q3 24
-54.9%
41.3%
Q2 24
-58.0%
38.9%
EPS (diluted)
FLG
FLG
UTHR
UTHR
Q1 26
$0.03
Q4 25
$0.05
$7.66
Q3 25
$-0.11
$7.16
Q2 25
$-0.19
$6.41
Q1 25
$6.63
Q4 24
$-1.11
$6.23
Q3 24
$-0.79
$6.39
Q2 24
$-1.14
$5.85

Balance Sheet & Financial Strength

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

Metric
FLG
FLG
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.1B
$7.1B
Total Assets
$87.1B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
$2.9B
Q3 25
$23.6B
$2.8B
Q2 25
$22.9B
$3.0B
Q1 25
$3.3B
Q4 24
$25.8B
$3.3B
Q3 24
$33.6B
$3.3B
Q2 24
$29.5B
$3.0B
Total Debt
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
Q3 25
$13.2B
Q2 25
$13.2B
Q1 25
Q4 24
$14.4B
Q3 24
$20.3B
Q2 24
$28.9B
Stockholders' Equity
FLG
FLG
UTHR
UTHR
Q1 26
$8.1B
Q4 25
$8.1M
$7.1B
Q3 25
$8.1B
$6.6B
Q2 25
$8.1B
$7.2B
Q1 25
$6.8B
Q4 24
$8.2B
$6.4B
Q3 24
$8.6B
$6.1B
Q2 24
$8.4B
$5.7B
Total Assets
FLG
FLG
UTHR
UTHR
Q1 26
$87.1B
Q4 25
$87.5M
$7.9B
Q3 25
$91.7B
$7.4B
Q2 25
$92.2B
$7.9B
Q1 25
$7.7B
Q4 24
$100.2B
$7.4B
Q3 24
$114.4B
$7.1B
Q2 24
$119.1B
$6.7B
Debt / Equity
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
Q3 25
1.63×
Q2 25
1.63×
Q1 25
Q4 24
1.77×
Q3 24
2.37×
Q2 24
3.44×

Cash Flow & Capital Efficiency

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

Metric
FLG
FLG
UTHR
UTHR
Operating Cash FlowLast quarter
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
$346.2M
Q3 25
$243.0M
$562.1M
Q2 25
$191.7M
Q1 25
$461.2M
Q4 24
$623.0M
$341.2M
Q3 24
$-1.0B
$377.2M
Q2 24
$796.0M
$232.2M
Free Cash Flow
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
$173.3M
Q3 25
$351.6M
Q2 25
$129.5M
Q1 25
$386.3M
Q4 24
$254.5M
Q3 24
$300.7M
Q2 24
$187.1M
FCF Margin
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
44.0%
Q2 25
16.2%
Q1 25
48.6%
Q4 24
34.6%
Q3 24
40.2%
Q2 24
26.2%
Capex Intensity
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
26.3%
Q2 25
7.8%
Q1 25
9.4%
Q4 24
11.8%
Q3 24
10.2%
Q2 24
6.3%
Cash Conversion
FLG
FLG
UTHR
UTHR
Q1 26
Q4 25
0.95×
Q3 25
1.66×
Q2 25
0.62×
Q1 25
1.43×
Q4 24
1.13×
Q3 24
1.22×
Q2 24
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLG
FLG

Segment breakdown not available.

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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