vs

Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Mister Car Wash, Inc. (MCW). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $261.2M, roughly 1.3× Mister Car Wash, Inc.). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 7.7%, a 20.5% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs 4.0%). Over the past eight quarters, Mister Car Wash, Inc.'s revenue compounded faster (4.5% CAGR vs 0.2%).

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

Brown Bear Car Wash is an American car wash chain based in Washington state. Founded in Seattle in 1957, it is the 12th largest car wash chain in the United States with 49 locations as of 2021.

FULT vs MCW — Head-to-Head

Bigger by revenue
FULT
FULT
1.3× larger
FULT
$336.2M
$261.2M
MCW
Growing faster (revenue YoY)
FULT
FULT
+0.2% gap
FULT
4.2%
4.0%
MCW
Higher net margin
FULT
FULT
20.5% more per $
FULT
28.2%
7.7%
MCW
Faster 2-yr revenue CAGR
MCW
MCW
Annualised
MCW
4.5%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
MCW
MCW
Revenue
$336.2M
$261.2M
Net Profit
$94.8M
$20.1M
Gross Margin
Operating Margin
15.8%
Net Margin
28.2%
7.7%
Revenue YoY
4.2%
4.0%
Net Profit YoY
1.9%
118.9%
EPS (diluted)
$0.55
$0.06

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
MCW
MCW
Q1 26
$336.2M
Q4 25
$336.0M
$261.2M
Q3 25
$334.6M
$263.4M
Q2 25
$324.1M
$265.4M
Q1 25
$318.4M
$261.7M
Q4 24
$319.6M
$251.2M
Q3 24
$317.7M
$249.3M
Q2 24
$334.7M
$255.0M
Net Profit
FULT
FULT
MCW
MCW
Q1 26
$94.8M
Q4 25
$99.0M
$20.1M
Q3 25
$100.5M
$27.4M
Q2 25
$99.2M
$28.6M
Q1 25
$93.0M
$27.0M
Q4 24
$68.6M
$9.2M
Q3 24
$63.2M
$22.3M
Q2 24
$95.0M
$22.1M
Operating Margin
FULT
FULT
MCW
MCW
Q1 26
Q4 25
35.7%
15.8%
Q3 25
38.2%
19.7%
Q2 25
37.8%
20.4%
Q1 25
36.1%
20.2%
Q4 24
27.0%
12.7%
Q3 24
25.1%
19.9%
Q2 24
30.8%
21.6%
Net Margin
FULT
FULT
MCW
MCW
Q1 26
28.2%
Q4 25
29.5%
7.7%
Q3 25
30.0%
10.4%
Q2 25
30.6%
10.8%
Q1 25
29.2%
10.3%
Q4 24
21.5%
3.7%
Q3 24
19.9%
9.0%
Q2 24
28.4%
8.7%
EPS (diluted)
FULT
FULT
MCW
MCW
Q1 26
$0.55
Q4 25
$0.53
$0.06
Q3 25
$0.53
$0.08
Q2 25
$0.53
$0.09
Q1 25
$0.49
$0.08
Q4 24
$0.36
$0.02
Q3 24
$0.33
$0.07
Q2 24
$0.52
$0.07

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
MCW
MCW
Cash + ST InvestmentsLiquidity on hand
$28.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$1.1B
Total Assets
$32.2B
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
MCW
MCW
Q1 26
Q4 25
$28.4M
Q3 25
$35.7M
Q2 25
$26.4M
Q1 25
$39.1M
Q4 24
$67.5M
Q3 24
$16.5M
Q2 24
$3.6M
Stockholders' Equity
FULT
FULT
MCW
MCW
Q1 26
$3.5B
Q4 25
$3.5B
$1.1B
Q3 25
$3.4B
$1.1B
Q2 25
$3.3B
$1.1B
Q1 25
$3.3B
$1.0B
Q4 24
$3.2B
$998.4M
Q3 24
$3.2B
$979.4M
Q2 24
$3.1B
$949.4M
Total Assets
FULT
FULT
MCW
MCW
Q1 26
$32.2B
Q4 25
$32.1B
$3.2B
Q3 25
$32.0B
$3.1B
Q2 25
$32.0B
$3.1B
Q1 25
$32.1B
$3.1B
Q4 24
$32.1B
$3.1B
Q3 24
$32.2B
$3.0B
Q2 24
$31.8B
$3.0B

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
MCW
MCW
Operating Cash FlowLast quarter
$60.0M
Free Cash FlowOCF − Capex
$-16.8M
FCF MarginFCF / Revenue
-6.4%
Capex IntensityCapex / Revenue
29.4%
Cash ConversionOCF / Net Profit
2.99×
TTM Free Cash FlowTrailing 4 quarters
$30.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
MCW
MCW
Q1 26
Q4 25
$304.5M
$60.0M
Q3 25
$116.1M
$91.4M
Q2 25
$91.7M
$46.8M
Q1 25
$703.0K
$87.5M
Q4 24
$416.6M
$49.8M
Q3 24
$-22.0M
$80.0M
Q2 24
$157.8M
$60.9M
Free Cash Flow
FULT
FULT
MCW
MCW
Q1 26
Q4 25
$-16.8M
Q3 25
$25.8M
Q2 25
$-11.2M
Q1 25
$32.5M
Q4 24
$-20.4M
Q3 24
$-16.8M
Q2 24
$-20.4M
FCF Margin
FULT
FULT
MCW
MCW
Q1 26
Q4 25
-6.4%
Q3 25
9.8%
Q2 25
-4.2%
Q1 25
12.4%
Q4 24
-8.1%
Q3 24
-6.8%
Q2 24
-8.0%
Capex Intensity
FULT
FULT
MCW
MCW
Q1 26
Q4 25
29.4%
Q3 25
24.9%
Q2 25
21.9%
Q1 25
21.1%
Q4 24
27.9%
Q3 24
38.8%
Q2 24
31.9%
Cash Conversion
FULT
FULT
MCW
MCW
Q1 26
Q4 25
3.08×
2.99×
Q3 25
1.16×
3.33×
Q2 25
0.92×
1.64×
Q1 25
0.01×
3.24×
Q4 24
6.07×
5.43×
Q3 24
-0.35×
3.58×
Q2 24
1.66×
2.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

MCW
MCW

Transferred Over Time$205.7M79%
Transferred At Point In Time$55.2M21%

Related Comparisons