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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $256.5M, roughly 1.1× Great Lakes Dredge & Dock CORP). Great Lakes Dredge & Dock CORP runs the higher net margin — 4.9% vs 0.7%, a 4.2% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs -16.5%). Great Lakes Dredge & Dock CORP produced more free cash flow last quarter ($50.3M vs $3.4M).

Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

GLDD vs HCM — Head-to-Head

Bigger by revenue
HCM
HCM
1.1× larger
HCM
$270.8M
$256.5M
GLDD
Growing faster (revenue YoY)
GLDD
GLDD
+43.0% gap
GLDD
26.5%
-16.5%
HCM
Higher net margin
GLDD
GLDD
4.2% more per $
GLDD
4.9%
0.7%
HCM
More free cash flow
GLDD
GLDD
$46.9M more FCF
GLDD
$50.3M
$3.4M
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GLDD
GLDD
HCM
HCM
Revenue
$256.5M
$270.8M
Net Profit
$12.6M
$2.0M
Gross Margin
20.9%
37.7%
Operating Margin
12.7%
-13.2%
Net Margin
4.9%
0.7%
Revenue YoY
26.5%
-16.5%
Net Profit YoY
-35.9%
-83.6%
EPS (diluted)
$0.19
$0.00

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
GLDD
GLDD
HCM
HCM
Q4 25
$256.5M
$270.8M
Q3 25
$195.2M
Q2 25
$193.8M
$277.7M
Q1 25
$242.9M
$324.5M
Q4 24
$202.8M
Q3 24
$191.2M
Q2 24
$170.1M
$305.7M
Q1 24
$198.7M
Net Profit
GLDD
GLDD
HCM
HCM
Q4 25
$12.6M
$2.0M
Q3 25
$17.7M
Q2 25
$9.7M
$455.0M
Q1 25
$33.4M
$11.9M
Q4 24
$19.7M
Q3 24
$8.9M
Q2 24
$7.7M
$25.8M
Q1 24
$21.0M
Gross Margin
GLDD
GLDD
HCM
HCM
Q4 25
20.9%
37.7%
Q3 25
22.4%
Q2 25
18.9%
0.1%
Q1 25
28.6%
48.0%
Q4 24
24.1%
Q3 24
19.0%
Q2 24
17.5%
41.1%
Q1 24
22.9%
Operating Margin
GLDD
GLDD
HCM
HCM
Q4 25
12.7%
-13.2%
Q3 25
14.4%
Q2 25
8.8%
-1.3%
Q1 25
20.6%
-5.0%
Q4 24
14.8%
Q3 24
8.7%
Q2 24
8.6%
-9.0%
Q1 24
15.8%
Net Margin
GLDD
GLDD
HCM
HCM
Q4 25
4.9%
0.7%
Q3 25
9.1%
Q2 25
5.0%
163.8%
Q1 25
13.8%
3.7%
Q4 24
9.7%
Q3 24
4.6%
Q2 24
4.5%
8.4%
Q1 24
10.6%
EPS (diluted)
GLDD
GLDD
HCM
HCM
Q4 25
$0.19
$0.00
Q3 25
$0.26
Q2 25
$0.14
$0.52
Q1 25
$0.49
$0.01
Q4 24
$0.29
Q3 24
$0.13
Q2 24
$0.11
$0.03
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
GLDD
GLDD
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$13.4M
$1.4B
Total DebtLower is stronger
$378.2M
$93.2M
Stockholders' EquityBook value
$517.1M
$1.2B
Total Assets
$1.3B
$1.8B
Debt / EquityLower = less leverage
0.73×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLDD
GLDD
HCM
HCM
Q4 25
$13.4M
$1.4B
Q3 25
$12.7M
Q2 25
$2.9M
$1.4B
Q1 25
$11.3M
$836.1M
Q4 24
$10.2M
Q3 24
$12.0M
Q2 24
$23.1M
$802.5M
Q1 24
$22.8M
Total Debt
GLDD
GLDD
HCM
HCM
Q4 25
$378.2M
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
$448.2M
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
GLDD
GLDD
HCM
HCM
Q4 25
$517.1M
$1.2B
Q3 25
$502.1M
Q2 25
$481.9M
$1.2B
Q1 25
$479.9M
$759.9M
Q4 24
$448.9M
Q3 24
$425.4M
Q2 24
$418.0M
$740.1M
Q1 24
$409.0M
Total Assets
GLDD
GLDD
HCM
HCM
Q4 25
$1.3B
$1.8B
Q3 25
$1.3B
Q2 25
$1.2B
$1.8B
Q1 25
$1.2B
$1.3B
Q4 24
$1.3B
Q3 24
$1.1B
Q2 24
$1.1B
$1.3B
Q1 24
$1.1B
Debt / Equity
GLDD
GLDD
HCM
HCM
Q4 25
0.73×
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
1.00×
Q3 24
Q2 24
0.11×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GLDD
GLDD
HCM
HCM
Operating Cash FlowLast quarter
$79.7M
$8.2M
Free Cash FlowOCF − Capex
$50.3M
$3.4M
FCF MarginFCF / Revenue
19.6%
1.2%
Capex IntensityCapex / Revenue
11.5%
1.8%
Cash ConversionOCF / Net Profit
6.31×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$99.5M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLDD
GLDD
HCM
HCM
Q4 25
$79.7M
$8.2M
Q3 25
$49.2M
Q2 25
$56.9M
$-72.9M
Q1 25
$60.9M
$40.3M
Q4 24
$-13.5M
Q3 24
$26.8M
Q2 24
$18.4M
$-39.8M
Q1 24
$38.4M
Free Cash Flow
GLDD
GLDD
HCM
HCM
Q4 25
$50.3M
$3.4M
Q3 25
$13.2M
Q2 25
$-3.7M
$-82.2M
Q1 25
$39.6M
$32.5M
Q4 24
$-36.1M
Q3 24
$-11.5M
Q2 24
$-34.0M
$-49.9M
Q1 24
$26.5M
FCF Margin
GLDD
GLDD
HCM
HCM
Q4 25
19.6%
1.2%
Q3 25
6.8%
Q2 25
-1.9%
-29.6%
Q1 25
16.3%
10.0%
Q4 24
-17.8%
Q3 24
-6.0%
Q2 24
-20.0%
-16.3%
Q1 24
13.4%
Capex Intensity
GLDD
GLDD
HCM
HCM
Q4 25
11.5%
1.8%
Q3 25
18.4%
Q2 25
31.3%
3.3%
Q1 25
8.7%
2.4%
Q4 24
11.2%
Q3 24
20.0%
Q2 24
30.8%
3.3%
Q1 24
6.0%
Cash Conversion
GLDD
GLDD
HCM
HCM
Q4 25
6.31×
4.21×
Q3 25
2.77×
Q2 25
5.87×
-0.16×
Q1 25
1.82×
3.38×
Q4 24
-0.69×
Q3 24
3.02×
Q2 24
2.39×
-1.54×
Q1 24
1.83×

Financial Flow Comparison

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

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