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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $270.8M, roughly 1.9× HUTCHMED (China) Ltd). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs 0.7%, a 5.4% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -16.5%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $3.4M).
HUTCHMED (China) LtdHCMEarnings & Financial Report
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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
HCM vs WWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $517.5M |
| Net Profit | $2.0M | $31.8M |
| Gross Margin | 37.7% | 47.3% |
| Operating Margin | -13.2% | 9.7% |
| Net Margin | 0.7% | 6.1% |
| Revenue YoY | -16.5% | 25.5% |
| Net Profit YoY | -83.6% | 162.8% |
| EPS (diluted) | $0.00 | $0.37 |
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.
| Q1 26 | — | $517.5M | ||
| Q4 25 | $270.8M | — | ||
| Q3 25 | — | $470.3M | ||
| Q2 25 | $277.7M | $474.2M | ||
| Q1 25 | $324.5M | $412.3M | ||
| Q4 24 | — | $494.7M | ||
| Q3 24 | — | $440.2M | ||
| Q2 24 | $305.7M | $425.2M |
| Q1 26 | — | $31.8M | ||
| Q4 25 | $2.0M | — | ||
| Q3 25 | — | $25.1M | ||
| Q2 25 | $455.0M | $26.8M | ||
| Q1 25 | $11.9M | $12.1M | ||
| Q4 24 | — | $23.1M | ||
| Q3 24 | — | $23.2M | ||
| Q2 24 | $25.8M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | 37.7% | — | ||
| Q3 25 | — | 47.5% | ||
| Q2 25 | 0.1% | 47.2% | ||
| Q1 25 | 48.0% | 47.2% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | 41.1% | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | -13.2% | — | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | -1.3% | 8.6% | ||
| Q1 25 | -5.0% | 4.8% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | -9.0% | 6.8% |
| Q1 26 | — | 6.1% | ||
| Q4 25 | 0.7% | — | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | 163.8% | 5.7% | ||
| Q1 25 | 3.7% | 2.9% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | 8.4% | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $0.00 | — | ||
| Q3 25 | — | $0.30 | ||
| Q2 25 | $0.52 | $0.32 | ||
| Q1 25 | $0.01 | $0.15 | ||
| Q4 24 | — | $0.29 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | $0.03 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | — |
| Total DebtLower is stronger | $93.2M | $621.7M |
| Stockholders' EquityBook value | $1.2B | $408.0M |
| Total Assets | $1.8B | $1.7B |
| Debt / EquityLower = less leverage | 0.08× | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $836.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $802.5M | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | $93.2M | — | ||
| Q3 25 | — | $676.4M | ||
| Q2 25 | $93.4M | $708.5M | ||
| Q1 25 | $82.8M | $710.8M | ||
| Q4 24 | — | $648.0M | ||
| Q3 24 | — | $702.8M | ||
| Q2 24 | $82.1M | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | — | $376.7M | ||
| Q2 25 | $1.2B | $344.0M | ||
| Q1 25 | $759.9M | $310.6M | ||
| Q4 24 | — | $312.9M | ||
| Q3 24 | — | $295.2M | ||
| Q2 24 | $740.1M | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | $1.3B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | 0.08× | 2.06× | ||
| Q1 25 | 0.11× | 2.29× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 2.38× | ||
| Q2 24 | 0.11× | 3.11× |
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 | $8.2M | $146.2M |
| Free Cash FlowOCF − Capex | $3.4M | $145.6M |
| FCF MarginFCF / Revenue | 1.2% | 28.1% |
| Capex IntensityCapex / Revenue | 1.8% | 0.1% |
| Cash ConversionOCF / Net Profit | 4.21× | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $8.2M | — | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | $-72.9M | $44.6M | ||
| Q1 25 | $40.3M | $-83.8M | ||
| Q4 24 | — | $82.4M | ||
| Q3 24 | — | $108.2M | ||
| Q2 24 | $-39.8M | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $3.4M | — | ||
| Q3 25 | — | $30.1M | ||
| Q2 25 | $-82.2M | $41.2M | ||
| Q1 25 | $32.5M | $-91.4M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $104.1M | ||
| Q2 24 | $-49.9M | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | -29.6% | 8.7% | ||
| Q1 25 | 10.0% | -22.2% | ||
| Q4 24 | — | 15.0% | ||
| Q3 24 | — | 23.6% | ||
| Q2 24 | -16.3% | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 1.8% | — | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | 3.3% | 0.7% | ||
| Q1 25 | 2.4% | 1.8% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | 3.3% | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | 4.21× | — | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | -0.16× | 1.66× | ||
| Q1 25 | 3.38× | -6.93× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | -1.54× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCM
Segment breakdown not available.
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
