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

TENNANT CO is the larger business by last-quarter revenue ($291.6M vs $270.8M, roughly 1.1× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -1.5%, a 2.2% gap on every dollar of revenue. On growth, TENNANT CO posted the faster year-over-year revenue change (-11.3% vs -16.5%). TENNANT CO produced more free cash flow last quarter ($9.7M 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.

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

HCM vs TNC — Head-to-Head

Bigger by revenue
TNC
TNC
1.1× larger
TNC
$291.6M
$270.8M
HCM
Growing faster (revenue YoY)
TNC
TNC
+5.2% gap
TNC
-11.3%
-16.5%
HCM
Higher net margin
HCM
HCM
2.2% more per $
HCM
0.7%
-1.5%
TNC
More free cash flow
TNC
TNC
$6.3M more FCF
TNC
$9.7M
$3.4M
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCM
HCM
TNC
TNC
Revenue
$270.8M
$291.6M
Net Profit
$2.0M
$-4.4M
Gross Margin
37.7%
34.6%
Operating Margin
-13.2%
-1.4%
Net Margin
0.7%
-1.5%
Revenue YoY
-16.5%
-11.3%
Net Profit YoY
-83.6%
-166.7%
EPS (diluted)
$0.00
$-0.21

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
TNC
TNC
Q4 25
$270.8M
$291.6M
Q3 25
$303.3M
Q2 25
$277.7M
$318.6M
Q1 25
$324.5M
$290.0M
Q4 24
$328.9M
Q3 24
$315.8M
Q2 24
$305.7M
$331.0M
Q1 24
$311.0M
Net Profit
HCM
HCM
TNC
TNC
Q4 25
$2.0M
$-4.4M
Q3 25
$14.9M
Q2 25
$455.0M
$20.2M
Q1 25
$11.9M
$13.1M
Q4 24
$6.6M
Q3 24
$20.8M
Q2 24
$25.8M
$27.9M
Q1 24
$28.4M
Gross Margin
HCM
HCM
TNC
TNC
Q4 25
37.7%
34.6%
Q3 25
42.7%
Q2 25
0.1%
42.1%
Q1 25
48.0%
41.4%
Q4 24
41.3%
Q3 24
42.4%
Q2 24
41.1%
43.1%
Q1 24
44.2%
Operating Margin
HCM
HCM
TNC
TNC
Q4 25
-13.2%
-1.4%
Q3 25
7.4%
Q2 25
-1.3%
9.6%
Q1 25
-5.0%
6.8%
Q4 24
2.3%
Q3 24
9.7%
Q2 24
-9.0%
11.7%
Q1 24
12.1%
Net Margin
HCM
HCM
TNC
TNC
Q4 25
0.7%
-1.5%
Q3 25
4.9%
Q2 25
163.8%
6.3%
Q1 25
3.7%
4.5%
Q4 24
2.0%
Q3 24
6.6%
Q2 24
8.4%
8.4%
Q1 24
9.1%
EPS (diluted)
HCM
HCM
TNC
TNC
Q4 25
$0.00
$-0.21
Q3 25
$0.80
Q2 25
$0.52
$1.08
Q1 25
$0.01
$0.69
Q4 24
$0.35
Q3 24
$1.09
Q2 24
$0.03
$1.45
Q1 24
$1.49

Balance Sheet & Financial Strength

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

Metric
HCM
HCM
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$93.2M
$273.2M
Stockholders' EquityBook value
$1.2B
$601.6M
Total Assets
$1.8B
$1.3B
Debt / EquityLower = less leverage
0.08×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
TNC
TNC
Q4 25
$1.4B
Q3 25
Q2 25
$1.4B
Q1 25
$836.1M
Q4 24
Q3 24
Q2 24
$802.5M
Q1 24
Total Debt
HCM
HCM
TNC
TNC
Q4 25
$93.2M
$273.2M
Q3 25
$238.3M
Q2 25
$93.4M
$213.4M
Q1 25
$82.8M
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$82.1M
$205.6M
Q1 24
$207.4M
Stockholders' Equity
HCM
HCM
TNC
TNC
Q4 25
$1.2B
$601.6M
Q3 25
$640.9M
Q2 25
$1.2B
$651.9M
Q1 25
$759.9M
$624.4M
Q4 24
$620.8M
Q3 24
$647.2M
Q2 24
$740.1M
$624.6M
Q1 24
$614.6M
Total Assets
HCM
HCM
TNC
TNC
Q4 25
$1.8B
$1.3B
Q3 25
$1.3B
Q2 25
$1.8B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.3B
$1.2B
Q1 24
$1.2B
Debt / Equity
HCM
HCM
TNC
TNC
Q4 25
0.08×
0.45×
Q3 25
0.37×
Q2 25
0.08×
0.33×
Q1 25
0.11×
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.11×
0.33×
Q1 24
0.34×

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
TNC
TNC
Operating Cash FlowLast quarter
$8.2M
$14.2M
Free Cash FlowOCF − Capex
$3.4M
$9.7M
FCF MarginFCF / Revenue
1.2%
3.3%
Capex IntensityCapex / Revenue
1.8%
1.5%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
TNC
TNC
Q4 25
$8.2M
$14.2M
Q3 25
$28.7M
Q2 25
$-72.9M
$22.5M
Q1 25
$40.3M
$-400.0K
Q4 24
$37.5M
Q3 24
$30.7M
Q2 24
$-39.8M
$18.6M
Q1 24
$2.9M
Free Cash Flow
HCM
HCM
TNC
TNC
Q4 25
$3.4M
$9.7M
Q3 25
$22.3M
Q2 25
$-82.2M
$18.7M
Q1 25
$32.5M
$-7.4M
Q4 24
$28.1M
Q3 24
$26.4M
Q2 24
$-49.9M
$14.4M
Q1 24
$-100.0K
FCF Margin
HCM
HCM
TNC
TNC
Q4 25
1.2%
3.3%
Q3 25
7.4%
Q2 25
-29.6%
5.9%
Q1 25
10.0%
-2.6%
Q4 24
8.5%
Q3 24
8.4%
Q2 24
-16.3%
4.4%
Q1 24
-0.0%
Capex Intensity
HCM
HCM
TNC
TNC
Q4 25
1.8%
1.5%
Q3 25
2.1%
Q2 25
3.3%
1.2%
Q1 25
2.4%
2.4%
Q4 24
2.9%
Q3 24
1.4%
Q2 24
3.3%
1.3%
Q1 24
1.0%
Cash Conversion
HCM
HCM
TNC
TNC
Q4 25
4.21×
Q3 25
1.93×
Q2 25
-0.16×
1.11×
Q1 25
3.38×
-0.03×
Q4 24
5.68×
Q3 24
1.48×
Q2 24
-1.54×
0.67×
Q1 24
0.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCM
HCM

Segment breakdown not available.

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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