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Side-by-side financial comparison of HORIZON BANCORP INC (HBNC) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.
HORIZON BANCORP INC is the larger business by last-quarter revenue ($63.5M vs $39.4M, roughly 1.6× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 42.4%, a 12.5% gap on every dollar of revenue. On growth, HORIZON BANCORP INC posted the faster year-over-year revenue change (19.5% vs 1.1%). HORIZON BANCORP INC produced more free cash flow last quarter ($74.3M vs $14.4M). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% CAGR vs 9.2%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.
HBNC vs SD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $63.5M | $39.4M |
| Net Profit | $26.9M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | 51.5% | 38.5% |
| Net Margin | 42.4% | 54.9% |
| Revenue YoY | 19.5% | 1.1% |
| Net Profit YoY | 347.4% | 23.1% |
| EPS (diluted) | $0.44 | $0.59 |
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.
| Q4 25 | $63.5M | $39.4M | ||
| Q3 25 | $58.4M | $39.8M | ||
| Q2 25 | $66.3M | $34.5M | ||
| Q1 25 | $68.8M | $42.6M | ||
| Q4 24 | $53.1M | $39.0M | ||
| Q3 24 | $58.4M | $30.1M | ||
| Q2 24 | $55.8M | $26.0M | ||
| Q1 24 | $53.2M | $30.3M |
| Q4 25 | $26.9M | $21.6M | ||
| Q3 25 | $-222.0M | $16.0M | ||
| Q2 25 | $20.6M | $19.6M | ||
| Q1 25 | $23.9M | $13.0M | ||
| Q4 24 | $-10.9M | $17.6M | ||
| Q3 24 | $18.2M | $25.5M | ||
| Q2 24 | $14.1M | $8.8M | ||
| Q1 24 | $14.0M | $11.1M |
| Q4 25 | 51.5% | 38.5% | ||
| Q3 25 | -490.4% | 37.8% | ||
| Q2 25 | 36.8% | 53.7% | ||
| Q1 25 | 40.8% | 28.6% | ||
| Q4 24 | -41.3% | 25.9% | ||
| Q3 24 | 31.0% | 28.3% | ||
| Q2 24 | 28.5% | 23.9% | ||
| Q1 24 | 28.8% | 27.8% |
| Q4 25 | 42.4% | 54.9% | ||
| Q3 25 | -380.2% | 40.1% | ||
| Q2 25 | 31.1% | 56.6% | ||
| Q1 25 | 34.8% | 30.6% | ||
| Q4 24 | -20.5% | 45.1% | ||
| Q3 24 | 31.1% | 84.8% | ||
| Q2 24 | 25.4% | 33.9% | ||
| Q1 24 | 26.3% | 36.7% |
| Q4 25 | $0.44 | $0.59 | ||
| Q3 25 | $-4.69 | $0.43 | ||
| Q2 25 | $0.47 | $0.53 | ||
| Q1 25 | $0.54 | $0.35 | ||
| Q4 24 | $-0.25 | $0.46 | ||
| Q3 24 | $0.41 | $0.69 | ||
| Q2 24 | $0.32 | $0.24 | ||
| Q1 24 | $0.32 | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $139.5M | $111.0M |
| Total DebtLower is stronger | $248.6M | — |
| Stockholders' EquityBook value | $688.3M | $510.9M |
| Total Assets | $6.4B | $644.0M |
| Debt / EquityLower = less leverage | 0.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $139.5M | $111.0M | ||
| Q3 25 | $458.3M | $101.2M | ||
| Q2 25 | $137.9M | $102.8M | ||
| Q1 25 | $169.7M | $99.7M | ||
| Q4 24 | $293.4M | $98.1M | ||
| Q3 24 | $234.8M | $92.7M | ||
| Q2 24 | $146.1M | $209.9M | ||
| Q1 24 | — | $207.0M |
| Q4 25 | $248.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $688.3M | $510.9M | ||
| Q3 25 | $660.8M | $492.4M | ||
| Q2 25 | $790.9M | $480.2M | ||
| Q1 25 | $776.1M | $464.9M | ||
| Q4 24 | $763.6M | $460.5M | ||
| Q3 24 | $754.8M | $446.8M | ||
| Q2 24 | $726.7M | $424.8M | ||
| Q1 24 | $721.3M | $419.7M |
| Q4 25 | $6.4B | $644.0M | ||
| Q3 25 | $6.7B | $619.0M | ||
| Q2 25 | $7.7B | $602.3M | ||
| Q1 25 | $7.6B | $588.3M | ||
| Q4 24 | $7.8B | $581.5M | ||
| Q3 24 | $7.9B | $565.2M | ||
| Q2 24 | $7.9B | $529.6M | ||
| Q1 24 | $7.9B | $527.4M |
| Q4 25 | 0.36× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $79.2M | $31.7M |
| Free Cash FlowOCF − Capex | $74.3M | $14.4M |
| FCF MarginFCF / Revenue | 117.0% | 36.6% |
| Capex IntensityCapex / Revenue | 7.8% | 43.8% |
| Cash ConversionOCF / Net Profit | 2.94× | 1.46× |
| TTM Free Cash FlowTrailing 4 quarters | $115.9M | $41.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $79.2M | $31.7M | ||
| Q3 25 | $10.9M | $25.3M | ||
| Q2 25 | $19.5M | $22.9M | ||
| Q1 25 | $15.2M | $20.3M | ||
| Q4 24 | $6.4M | $26.0M | ||
| Q3 24 | $32.3M | $20.8M | ||
| Q2 24 | $15.9M | $11.4M | ||
| Q1 24 | $6.5M | $15.7M |
| Q4 25 | $74.3M | $14.4M | ||
| Q3 25 | $9.4M | $5.9M | ||
| Q2 25 | $18.1M | $7.3M | ||
| Q1 25 | $14.1M | $13.9M | ||
| Q4 24 | $1.3M | $13.2M | ||
| Q3 24 | $31.0M | $10.8M | ||
| Q2 24 | $15.1M | $9.0M | ||
| Q1 24 | $5.4M | $14.6M |
| Q4 25 | 117.0% | 36.6% | ||
| Q3 25 | 16.1% | 14.9% | ||
| Q2 25 | 27.3% | 21.0% | ||
| Q1 25 | 20.5% | 32.7% | ||
| Q4 24 | 2.4% | 33.8% | ||
| Q3 24 | 53.1% | 36.1% | ||
| Q2 24 | 27.1% | 34.5% | ||
| Q1 24 | 10.1% | 48.1% |
| Q4 25 | 7.8% | 43.8% | ||
| Q3 25 | 2.6% | 48.6% | ||
| Q2 25 | 2.1% | 45.2% | ||
| Q1 25 | 1.6% | 15.0% | ||
| Q4 24 | 9.6% | 32.9% | ||
| Q3 24 | 2.2% | 33.3% | ||
| Q2 24 | 1.5% | 9.4% | ||
| Q1 24 | 2.2% | 3.7% |
| Q4 25 | 2.94× | 1.46× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | 0.94× | 1.17× | ||
| Q1 25 | 0.64× | 1.56× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 1.78× | 0.82× | ||
| Q2 24 | 1.13× | 1.30× | ||
| Q1 24 | 0.47× | 1.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HBNC
Segment breakdown not available.
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
