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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and RBC Bearings INC (RBC). Click either name above to swap in a different company.

RBC Bearings INC is the larger business by last-quarter revenue ($461.6M vs $270.8M, roughly 1.7× HUTCHMED (China) Ltd). RBC Bearings INC runs the higher net margin — 14.6% vs 0.7%, a 13.9% gap on every dollar of revenue. On growth, RBC Bearings INC posted the faster year-over-year revenue change (17.0% vs -16.5%). RBC Bearings INC produced more free cash flow last quarter ($99.1M 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.

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

HCM vs RBC — Head-to-Head

Bigger by revenue
RBC
RBC
1.7× larger
RBC
$461.6M
$270.8M
HCM
Growing faster (revenue YoY)
RBC
RBC
+33.6% gap
RBC
17.0%
-16.5%
HCM
Higher net margin
RBC
RBC
13.9% more per $
RBC
14.6%
0.7%
HCM
More free cash flow
RBC
RBC
$95.7M more FCF
RBC
$99.1M
$3.4M
HCM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HCM
HCM
RBC
RBC
Revenue
$270.8M
$461.6M
Net Profit
$2.0M
$67.4M
Gross Margin
37.7%
44.3%
Operating Margin
-13.2%
22.3%
Net Margin
0.7%
14.6%
Revenue YoY
-16.5%
17.0%
Net Profit YoY
-83.6%
16.4%
EPS (diluted)
$0.00
$2.13

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
RBC
RBC
Q4 25
$270.8M
$461.6M
Q3 25
$455.3M
Q2 25
$277.7M
$436.0M
Q1 25
$324.5M
$437.7M
Q4 24
$394.4M
Q3 24
$397.9M
Q2 24
$305.7M
$406.3M
Q1 24
$413.7M
Net Profit
HCM
HCM
RBC
RBC
Q4 25
$2.0M
$67.4M
Q3 25
$60.0M
Q2 25
$455.0M
$68.5M
Q1 25
$11.9M
$72.7M
Q4 24
$57.9M
Q3 24
$54.2M
Q2 24
$25.8M
$61.4M
Q1 24
Gross Margin
HCM
HCM
RBC
RBC
Q4 25
37.7%
44.3%
Q3 25
44.1%
Q2 25
0.1%
44.8%
Q1 25
48.0%
44.2%
Q4 24
44.3%
Q3 24
43.7%
Q2 24
41.1%
45.3%
Q1 24
43.1%
Operating Margin
HCM
HCM
RBC
RBC
Q4 25
-13.2%
22.3%
Q3 25
21.5%
Q2 25
-1.3%
23.2%
Q1 25
-5.0%
23.0%
Q4 24
21.7%
Q3 24
21.6%
Q2 24
-9.0%
24.0%
Q1 24
22.8%
Net Margin
HCM
HCM
RBC
RBC
Q4 25
0.7%
14.6%
Q3 25
13.2%
Q2 25
163.8%
15.7%
Q1 25
3.7%
16.6%
Q4 24
14.7%
Q3 24
13.6%
Q2 24
8.4%
15.1%
Q1 24
EPS (diluted)
HCM
HCM
RBC
RBC
Q4 25
$0.00
$2.13
Q3 25
$1.90
Q2 25
$0.52
$2.17
Q1 25
$0.01
$2.33
Q4 24
$1.82
Q3 24
$1.65
Q2 24
$0.03
$1.90
Q1 24
$1.92

Balance Sheet & Financial Strength

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

Metric
HCM
HCM
RBC
RBC
Cash + ST InvestmentsLiquidity on hand
$1.4B
$107.6M
Total DebtLower is stronger
$93.2M
$990.2M
Stockholders' EquityBook value
$1.2B
$3.3B
Total Assets
$1.8B
$5.1B
Debt / EquityLower = less leverage
0.08×
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
RBC
RBC
Q4 25
$1.4B
$107.6M
Q3 25
$91.2M
Q2 25
$1.4B
$132.9M
Q1 25
$836.1M
$36.8M
Q4 24
Q3 24
Q2 24
$802.5M
$76.8M
Q1 24
$63.5M
Total Debt
HCM
HCM
RBC
RBC
Q4 25
$93.2M
$990.2M
Q3 25
$1.1B
Q2 25
$93.4M
$915.6M
Q1 25
$82.8M
$920.1M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
$1.2B
Stockholders' Equity
HCM
HCM
RBC
RBC
Q4 25
$1.2B
$3.3B
Q3 25
$3.2B
Q2 25
$1.2B
$3.1B
Q1 25
$759.9M
$3.0B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$740.1M
$2.8B
Q1 24
$2.8B
Total Assets
HCM
HCM
RBC
RBC
Q4 25
$1.8B
$5.1B
Q3 25
$5.1B
Q2 25
$1.8B
$4.8B
Q1 25
$1.3B
$4.7B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
$1.3B
$4.7B
Q1 24
$4.7B
Debt / Equity
HCM
HCM
RBC
RBC
Q4 25
0.08×
0.30×
Q3 25
0.34×
Q2 25
0.08×
0.29×
Q1 25
0.11×
0.30×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24
0.43×

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
RBC
RBC
Operating Cash FlowLast quarter
$8.2M
$122.1M
Free Cash FlowOCF − Capex
$3.4M
$99.1M
FCF MarginFCF / Revenue
1.2%
21.5%
Capex IntensityCapex / Revenue
1.8%
5.0%
Cash ConversionOCF / Net Profit
4.21×
1.81×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
RBC
RBC
Q4 25
$8.2M
$122.1M
Q3 25
$88.4M
Q2 25
$-72.9M
$120.0M
Q1 25
$40.3M
Q4 24
$84.0M
Q3 24
Q2 24
$-39.8M
$97.4M
Q1 24
Free Cash Flow
HCM
HCM
RBC
RBC
Q4 25
$3.4M
$99.1M
Q3 25
$71.7M
Q2 25
$-82.2M
$104.3M
Q1 25
$32.5M
Q4 24
$73.6M
Q3 24
Q2 24
$-49.9M
$88.4M
Q1 24
FCF Margin
HCM
HCM
RBC
RBC
Q4 25
1.2%
21.5%
Q3 25
15.7%
Q2 25
-29.6%
23.9%
Q1 25
10.0%
Q4 24
18.7%
Q3 24
Q2 24
-16.3%
21.8%
Q1 24
Capex Intensity
HCM
HCM
RBC
RBC
Q4 25
1.8%
5.0%
Q3 25
3.7%
Q2 25
3.3%
3.6%
Q1 25
2.4%
3.2%
Q4 24
2.6%
Q3 24
4.1%
Q2 24
3.3%
2.2%
Q1 24
Cash Conversion
HCM
HCM
RBC
RBC
Q4 25
4.21×
1.81×
Q3 25
1.47×
Q2 25
-0.16×
1.75×
Q1 25
3.38×
Q4 24
1.45×
Q3 24
Q2 24
-1.54×
1.59×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCM
HCM

Segment breakdown not available.

RBC
RBC

Domestic$413.3M90%
Foreign$48.3M10%

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