vs

Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) 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 $336.2M, roughly 1.1× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs -27.0%, a 55.2% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -26.4%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -17.7%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs MASI — Head-to-Head

Bigger by revenue
MASI
MASI
1.1× larger
MASI
$371.5M
$336.2M
FULT
Growing faster (revenue YoY)
FULT
FULT
+30.6% gap
FULT
4.2%
-26.4%
MASI
Higher net margin
FULT
FULT
55.2% more per $
FULT
28.2%
-27.0%
MASI
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-17.7%
MASI

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FULT
FULT
MASI
MASI
Revenue
$336.2M
$371.5M
Net Profit
$94.8M
$-100.4M
Gross Margin
62.1%
Operating Margin
22.5%
Net Margin
28.2%
-27.0%
Revenue YoY
4.2%
-26.4%
Net Profit YoY
1.9%
-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
FULT
FULT
MASI
MASI
Q1 26
$336.2M
Q4 25
$336.0M
Q3 25
$334.6M
$371.5M
Q2 25
$324.1M
$370.9M
Q1 25
$318.4M
$372.0M
Q4 24
$319.6M
$600.7M
Q3 24
$317.7M
$504.6M
Q2 24
$334.7M
$496.3M
Net Profit
FULT
FULT
MASI
MASI
Q1 26
$94.8M
Q4 25
$99.0M
Q3 25
$100.5M
$-100.4M
Q2 25
$99.2M
$51.3M
Q1 25
$93.0M
$-170.7M
Q4 24
$68.6M
$-349.6M
Q3 24
$63.2M
$9.8M
Q2 24
$95.0M
$16.0M
Gross Margin
FULT
FULT
MASI
MASI
Q1 26
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%
Operating Margin
FULT
FULT
MASI
MASI
Q1 26
Q4 25
35.7%
Q3 25
38.2%
22.5%
Q2 25
37.8%
17.4%
Q1 25
36.1%
21.0%
Q4 24
27.0%
-59.8%
Q3 24
25.1%
6.0%
Q2 24
30.8%
5.7%
Net Margin
FULT
FULT
MASI
MASI
Q1 26
28.2%
Q4 25
29.5%
Q3 25
30.0%
-27.0%
Q2 25
30.6%
13.8%
Q1 25
29.2%
-45.9%
Q4 24
21.5%
-58.2%
Q3 24
19.9%
1.9%
Q2 24
28.4%
3.2%
EPS (diluted)
FULT
FULT
MASI
MASI
Q1 26
$0.55
Q4 25
$0.53
Q3 25
$0.53
$-1.84
Q2 25
$0.53
$0.94
Q1 25
$0.49
$-3.12
Q4 24
$0.36
$-6.54
Q3 24
$0.33
$0.18
Q2 24
$0.52
$0.29

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$312.3M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$3.5B
$810.0M
Total Assets
$32.2B
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
MASI
MASI
Q1 26
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
Total Debt
FULT
FULT
MASI
MASI
Q1 26
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Stockholders' Equity
FULT
FULT
MASI
MASI
Q1 26
$3.5B
Q4 25
$3.5B
Q3 25
$3.4B
$810.0M
Q2 25
$3.3B
$1.0B
Q1 25
$3.3B
$946.4M
Q4 24
$3.2B
$1.1B
Q3 24
$3.2B
$1.5B
Q2 24
$3.1B
$1.4B
Total Assets
FULT
FULT
MASI
MASI
Q1 26
$32.2B
Q4 25
$32.1B
Q3 25
$32.0B
$1.8B
Q2 25
$32.0B
$2.4B
Q1 25
$32.1B
$2.3B
Q4 24
$32.1B
$2.6B
Q3 24
$32.2B
$3.1B
Q2 24
$31.8B
$2.9B
Debt / Equity
FULT
FULT
MASI
MASI
Q1 26
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
FULT
FULT
MASI
MASI
Operating Cash FlowLast quarter
$56.8M
Free Cash FlowOCF − Capex
$50.9M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
MASI
MASI
Q1 26
Q4 25
$304.5M
Q3 25
$116.1M
$56.8M
Q2 25
$91.7M
$69.4M
Q1 25
$703.0K
$31.1M
Q4 24
$416.6M
$50.5M
Q3 24
$-22.0M
$25.6M
Q2 24
$157.8M
$74.5M
Free Cash Flow
FULT
FULT
MASI
MASI
Q1 26
Q4 25
Q3 25
$50.9M
Q2 25
$65.6M
Q1 25
$28.5M
Q4 24
$46.0M
Q3 24
$16.9M
Q2 24
$66.9M
FCF Margin
FULT
FULT
MASI
MASI
Q1 26
Q4 25
Q3 25
13.7%
Q2 25
17.7%
Q1 25
7.7%
Q4 24
7.7%
Q3 24
3.3%
Q2 24
13.5%
Capex Intensity
FULT
FULT
MASI
MASI
Q1 26
Q4 25
Q3 25
1.6%
Q2 25
1.0%
Q1 25
0.7%
Q4 24
0.7%
Q3 24
1.7%
Q2 24
1.5%
Cash Conversion
FULT
FULT
MASI
MASI
Q1 26
Q4 25
3.08×
Q3 25
1.16×
Q2 25
0.92×
1.35×
Q1 25
0.01×
Q4 24
6.07×
Q3 24
-0.35×
2.61×
Q2 24
1.66×
4.66×

Financial Flow Comparison

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

Related Comparisons