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Side-by-side financial comparison of HAEMONETICS CORP (HAE) and Trinseo PLC (TSE). Click either name above to swap in a different company.

Trinseo PLC is the larger business by last-quarter revenue ($662.6M vs $346.4M, roughly 1.9× HAEMONETICS CORP). HAEMONETICS CORP runs the higher net margin — 28.1% vs -37.9%, a 66.0% gap on every dollar of revenue. On growth, HAEMONETICS CORP posted the faster year-over-year revenue change (4.8% vs -19.3%). HAEMONETICS CORP produced more free cash flow last quarter ($209.9M vs $6.6M). Over the past eight quarters, HAEMONETICS CORP's revenue compounded faster (1.5% CAGR vs -14.4%).

Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.

Trinseo is a company focusing particularly on the manufacture of plastics and latex binders. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.”

HAE vs TSE — Head-to-Head

Bigger by revenue
TSE
TSE
1.9× larger
TSE
$662.6M
$346.4M
HAE
Growing faster (revenue YoY)
HAE
HAE
+24.1% gap
HAE
4.8%
-19.3%
TSE
Higher net margin
HAE
HAE
66.0% more per $
HAE
28.1%
-37.9%
TSE
More free cash flow
HAE
HAE
$203.3M more FCF
HAE
$209.9M
$6.6M
TSE
Faster 2-yr revenue CAGR
HAE
HAE
Annualised
HAE
1.5%
-14.4%
TSE

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
HAE
HAE
TSE
TSE
Revenue
$346.4M
$662.6M
Net Profit
$97.3M
$-251.4M
Gross Margin
57.2%
4.2%
Operating Margin
36.1%
-24.7%
Net Margin
28.1%
-37.9%
Revenue YoY
4.8%
-19.3%
Net Profit YoY
-113.2%
EPS (diluted)
$-7.02

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
HAE
HAE
TSE
TSE
Q1 26
$346.4M
Q4 25
$339.0M
$662.6M
Q3 25
$327.3M
$743.2M
Q2 25
$321.4M
$784.3M
Q1 25
$330.6M
$784.8M
Q4 24
$348.5M
$821.5M
Q3 24
$345.5M
$867.7M
Q2 24
$336.2M
$920.0M
Net Profit
HAE
HAE
TSE
TSE
Q1 26
$97.3M
Q4 25
$44.7M
$-251.4M
Q3 25
$38.7M
$-109.7M
Q2 25
$34.0M
$-105.5M
Q1 25
$58.0M
$-79.0M
Q4 24
$37.5M
$-117.9M
Q3 24
$33.8M
$-87.3M
Q2 24
$38.4M
$-67.8M
Gross Margin
HAE
HAE
TSE
TSE
Q1 26
57.2%
Q4 25
59.7%
4.2%
Q3 25
59.5%
5.0%
Q2 25
59.8%
4.7%
Q1 25
58.4%
8.1%
Q4 24
55.5%
6.8%
Q3 24
54.2%
9.3%
Q2 24
52.0%
7.4%
Operating Margin
HAE
HAE
TSE
TSE
Q1 26
36.1%
Q4 25
19.9%
-24.7%
Q3 25
17.9%
-3.8%
Q2 25
16.8%
-4.2%
Q1 25
21.6%
-3.7%
Q4 24
16.9%
-5.4%
Q3 24
15.0%
-1.4%
Q2 24
11.8%
1.5%
Net Margin
HAE
HAE
TSE
TSE
Q1 26
28.1%
Q4 25
13.2%
-37.9%
Q3 25
11.8%
-14.8%
Q2 25
10.6%
-13.5%
Q1 25
17.5%
-10.1%
Q4 24
10.8%
-14.4%
Q3 24
9.8%
-10.1%
Q2 24
11.4%
-7.4%
EPS (diluted)
HAE
HAE
TSE
TSE
Q1 26
Q4 25
$0.95
$-7.02
Q3 25
$0.81
$-3.05
Q2 25
$0.70
$-2.95
Q1 25
$1.17
$-2.22
Q4 24
$0.74
$-3.33
Q3 24
$0.66
$-2.47
Q2 24
$0.74
$-1.92

Balance Sheet & Financial Strength

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

Metric
HAE
HAE
TSE
TSE
Cash + ST InvestmentsLiquidity on hand
$245.4M
$146.7M
Total DebtLower is stronger
$1.2B
$2.5B
Stockholders' EquityBook value
$796.3M
$-1.1B
Total Assets
$2.4B
$2.3B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAE
HAE
TSE
TSE
Q1 26
$245.4M
Q4 25
$363.4M
$146.7M
Q3 25
$296.4M
$112.1M
Q2 25
$292.9M
$137.0M
Q1 25
$306.8M
$126.1M
Q4 24
$320.8M
$209.8M
Q3 24
$299.3M
$165.3M
Q2 24
$344.4M
$105.6M
Total Debt
HAE
HAE
TSE
TSE
Q1 26
$1.2B
Q4 25
$1.2B
$2.5B
Q3 25
$1.2B
$2.5B
Q2 25
$1.2B
$2.5B
Q1 25
$1.2B
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Stockholders' Equity
HAE
HAE
TSE
TSE
Q1 26
$796.3M
Q4 25
$911.5M
$-1.1B
Q3 25
$849.2M
$-861.6M
Q2 25
$882.3M
$-750.3M
Q1 25
$820.8M
$-679.2M
Q4 24
$906.9M
$-619.9M
Q3 24
$878.9M
$-480.0M
Q2 24
$905.4M
$-413.8M
Total Assets
HAE
HAE
TSE
TSE
Q1 26
$2.4B
Q4 25
$2.5B
$2.3B
Q3 25
$2.4B
$2.5B
Q2 25
$2.5B
$2.6B
Q1 25
$2.5B
$2.7B
Q4 24
$2.5B
$2.6B
Q3 24
$2.5B
$2.9B
Q2 24
$2.5B
$2.8B
Debt / Equity
HAE
HAE
TSE
TSE
Q1 26
1.53×
Q4 25
1.34×
Q3 25
1.44×
Q2 25
1.39×
Q1 25
1.49×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HAE
HAE
TSE
TSE
Operating Cash FlowLast quarter
$293.2M
$22.6M
Free Cash FlowOCF − Capex
$209.9M
$6.6M
FCF MarginFCF / Revenue
60.6%
1.0%
Capex IntensityCapex / Revenue
9.5%
2.4%
Cash ConversionOCF / Net Profit
3.01×
TTM Free Cash FlowTrailing 4 quarters
$417.1M
$-153.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAE
HAE
TSE
TSE
Q1 26
$293.2M
Q4 25
$93.6M
$22.6M
Q3 25
$111.3M
$-21.6M
Q2 25
$17.4M
$6.8M
Q1 25
$116.6M
$-110.2M
Q4 24
$43.8M
$85.1M
Q3 24
$48.8M
$8.8M
Q2 24
$-27.4M
$-41.9M
Free Cash Flow
HAE
HAE
TSE
TSE
Q1 26
$209.9M
Q4 25
$87.2M
$6.6M
Q3 25
$106.3M
$-38.1M
Q2 25
$13.6M
$-3.0M
Q1 25
$100.9M
$-118.9M
Q4 24
$35.2M
$63.9M
Q3 24
$39.4M
$-3.4M
Q2 24
$-33.1M
$-56.1M
FCF Margin
HAE
HAE
TSE
TSE
Q1 26
60.6%
Q4 25
25.7%
1.0%
Q3 25
32.5%
-5.1%
Q2 25
4.2%
-0.4%
Q1 25
30.5%
-15.2%
Q4 24
10.1%
7.8%
Q3 24
11.4%
-0.4%
Q2 24
-9.8%
-6.1%
Capex Intensity
HAE
HAE
TSE
TSE
Q1 26
9.5%
Q4 25
1.9%
2.4%
Q3 25
1.5%
2.2%
Q2 25
1.2%
1.2%
Q1 25
4.7%
1.1%
Q4 24
2.5%
2.6%
Q3 24
2.7%
1.4%
Q2 24
1.7%
1.5%
Cash Conversion
HAE
HAE
TSE
TSE
Q1 26
3.01×
Q4 25
2.09×
Q3 25
2.88×
Q2 25
0.51×
Q1 25
2.01×
Q4 24
1.17×
Q3 24
1.44×
Q2 24
-0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAE
HAE

Hospital$159.6M46%
Plasma$130.3M38%
Blood Center$56.4M16%

TSE
TSE

Other$325.2M49%
Asia Pacific$142.2M21%
Engineered Materials$105.0M16%
Latex$59.9M9%
Polymer Solutions$30.3M5%

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