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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and OPENLANE, Inc. (OPLN). Click either name above to swap in a different company.

OPENLANE, Inc. is the larger business by last-quarter revenue ($494.3M vs $270.8M, roughly 1.8× HUTCHMED (China) Ltd). OPENLANE, Inc. runs the higher net margin — 12.0% vs 0.7%, a 11.3% gap on every dollar of revenue. On growth, OPENLANE, Inc. posted the faster year-over-year revenue change (8.6% vs -16.5%). OPENLANE, Inc. produced more free cash flow last quarter ($110.8M vs $3.4M).

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.

OPENLANE, Inc. operates a leading global digital wholesale automotive marketplace platform. It connects vehicle sellers including dealerships, fleet operators, financial institutions, and rental firms with qualified professional buyers, facilitating efficient, transparent transactions for used, off-lease, and repossessed vehicles across North America, Europe, and key global markets.

HCM vs OPLN — Head-to-Head

Bigger by revenue
OPLN
OPLN
1.8× larger
OPLN
$494.3M
$270.8M
HCM
Growing faster (revenue YoY)
OPLN
OPLN
+25.2% gap
OPLN
8.6%
-16.5%
HCM
Higher net margin
OPLN
OPLN
11.3% more per $
OPLN
12.0%
0.7%
HCM
More free cash flow
OPLN
OPLN
$107.4M more FCF
OPLN
$110.8M
$3.4M
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCM
HCM
OPLN
OPLN
Revenue
$270.8M
$494.3M
Net Profit
$2.0M
$59.5M
Gross Margin
37.7%
Operating Margin
-13.2%
8.6%
Net Margin
0.7%
12.0%
Revenue YoY
-16.5%
8.6%
Net Profit YoY
-83.6%
13.8%
EPS (diluted)
$0.00
$-1.54

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
HCM
HCM
OPLN
OPLN
Q4 25
$270.8M
$494.3M
Q3 25
$498.4M
Q2 25
$277.7M
$481.7M
Q1 25
$324.5M
$460.1M
Q4 24
$455.0M
Q3 24
$459.8M
Q2 24
$305.7M
$443.8M
Q1 24
$429.9M
Net Profit
HCM
HCM
OPLN
OPLN
Q4 25
$2.0M
$59.5M
Q3 25
$47.9M
Q2 25
$455.0M
$33.4M
Q1 25
$11.9M
$36.9M
Q4 24
$52.3M
Q3 24
$28.4M
Q2 24
$25.8M
$10.7M
Q1 24
$18.5M
Gross Margin
HCM
HCM
OPLN
OPLN
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Q1 24
Operating Margin
HCM
HCM
OPLN
OPLN
Q4 25
-13.2%
8.6%
Q3 25
11.0%
Q2 25
-1.3%
9.8%
Q1 25
-5.0%
11.2%
Q4 24
17.4%
Q3 24
9.2%
Q2 24
-9.0%
5.4%
Q1 24
8.6%
Net Margin
HCM
HCM
OPLN
OPLN
Q4 25
0.7%
12.0%
Q3 25
9.6%
Q2 25
163.8%
6.9%
Q1 25
3.7%
8.0%
Q4 24
11.5%
Q3 24
6.2%
Q2 24
8.4%
2.4%
Q1 24
4.3%
EPS (diluted)
HCM
HCM
OPLN
OPLN
Q4 25
$0.00
$-1.54
Q3 25
$0.25
Q2 25
$0.52
$0.15
Q1 25
$0.01
$0.18
Q4 24
$0.28
Q3 24
$0.12
Q2 24
$0.03
$0.00
Q1 24
$0.05

Balance Sheet & Financial Strength

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

Metric
HCM
HCM
OPLN
OPLN
Cash + ST InvestmentsLiquidity on hand
$1.4B
$141.5M
Total DebtLower is stronger
$93.2M
$550.0M
Stockholders' EquityBook value
$1.2B
$1.2B
Total Assets
$1.8B
$4.7B
Debt / EquityLower = less leverage
0.08×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
OPLN
OPLN
Q4 25
$1.4B
$141.5M
Q3 25
$119.3M
Q2 25
$1.4B
$119.1M
Q1 25
$836.1M
$220.5M
Q4 24
$143.0M
Q3 24
$132.1M
Q2 24
$802.5M
$60.9M
Q1 24
$105.2M
Total Debt
HCM
HCM
OPLN
OPLN
Q4 25
$93.2M
$550.0M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
$230.7M
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
HCM
HCM
OPLN
OPLN
Q4 25
$1.2B
$1.2B
Q3 25
$1.4B
Q2 25
$1.2B
$1.4B
Q1 25
$759.9M
$1.4B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$740.1M
$1.3B
Q1 24
$1.3B
Total Assets
HCM
HCM
OPLN
OPLN
Q4 25
$1.8B
$4.7B
Q3 25
$4.8B
Q2 25
$1.8B
$4.6B
Q1 25
$1.3B
$4.8B
Q4 24
$4.6B
Q3 24
$4.6B
Q2 24
$1.3B
$4.6B
Q1 24
$4.8B
Debt / Equity
HCM
HCM
OPLN
OPLN
Q4 25
0.08×
0.44×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
0.17×
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
HCM
HCM
OPLN
OPLN
Operating Cash FlowLast quarter
$8.2M
$125.5M
Free Cash FlowOCF − Capex
$3.4M
$110.8M
FCF MarginFCF / Revenue
1.2%
22.4%
Capex IntensityCapex / Revenue
1.8%
3.0%
Cash ConversionOCF / Net Profit
4.21×
2.11×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M
$336.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
OPLN
OPLN
Q4 25
$8.2M
$125.5M
Q3 25
$72.2M
Q2 25
$-72.9M
$71.6M
Q1 25
$40.3M
$122.6M
Q4 24
$32.7M
Q3 24
$122.4M
Q2 24
$-39.8M
$37.5M
Q1 24
$100.2M
Free Cash Flow
HCM
HCM
OPLN
OPLN
Q4 25
$3.4M
$110.8M
Q3 25
$57.6M
Q2 25
$-82.2M
$57.4M
Q1 25
$32.5M
$110.7M
Q4 24
$18.7M
Q3 24
$109.3M
Q2 24
$-49.9M
$24.5M
Q1 24
$87.3M
FCF Margin
HCM
HCM
OPLN
OPLN
Q4 25
1.2%
22.4%
Q3 25
11.6%
Q2 25
-29.6%
11.9%
Q1 25
10.0%
24.1%
Q4 24
4.1%
Q3 24
23.8%
Q2 24
-16.3%
5.5%
Q1 24
20.3%
Capex Intensity
HCM
HCM
OPLN
OPLN
Q4 25
1.8%
3.0%
Q3 25
2.9%
Q2 25
3.3%
2.9%
Q1 25
2.4%
2.6%
Q4 24
3.1%
Q3 24
2.8%
Q2 24
3.3%
2.9%
Q1 24
3.0%
Cash Conversion
HCM
HCM
OPLN
OPLN
Q4 25
4.21×
2.11×
Q3 25
1.51×
Q2 25
-0.16×
2.14×
Q1 25
3.38×
3.32×
Q4 24
0.63×
Q3 24
4.31×
Q2 24
-1.54×
3.50×
Q1 24
5.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCM
HCM

Segment breakdown not available.

OPLN
OPLN

Marketplace$384.7M78%
Finance$109.6M22%

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