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Side-by-side financial comparison of HANCOCK WHITNEY CORP (HWC) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.

HANCOCK WHITNEY CORP is the larger business by last-quarter revenue ($295.0M vs $233.2M, roughly 1.3× Orion Group Holdings Inc). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs -0.1%, a 16.2% gap on every dollar of revenue. On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (7.5% vs -19.7%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (20.5% CAGR vs -9.4%).

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

HWC vs ORN — Head-to-Head

Bigger by revenue
HWC
HWC
1.3× larger
HWC
$295.0M
$233.2M
ORN
Growing faster (revenue YoY)
ORN
ORN
+27.3% gap
ORN
7.5%
-19.7%
HWC
Higher net margin
HWC
HWC
16.2% more per $
HWC
16.1%
-0.1%
ORN
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
20.5%
-9.4%
HWC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HWC
HWC
ORN
ORN
Revenue
$295.0M
$233.2M
Net Profit
$47.4M
$-240.0K
Gross Margin
11.6%
Operating Margin
2.2%
Net Margin
16.1%
-0.1%
Revenue YoY
-19.7%
7.5%
Net Profit YoY
-62.2%
-103.6%
EPS (diluted)
$0.57
$-0.00

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
HWC
HWC
ORN
ORN
Q1 26
$295.0M
Q4 25
$389.3M
$233.2M
Q3 25
$385.7M
$225.1M
Q2 25
$375.5M
$205.3M
Q1 25
$364.7M
$188.7M
Q4 24
$364.8M
$216.9M
Q3 24
$367.7M
$226.7M
Q2 24
$359.6M
$192.2M
Net Profit
HWC
HWC
ORN
ORN
Q1 26
$47.4M
Q4 25
$-240.0K
Q3 25
$127.5M
$3.3M
Q2 25
$841.0K
Q1 25
$-1.4M
Q4 24
$6.8M
Q3 24
$115.6M
$4.3M
Q2 24
$-6.6M
Gross Margin
HWC
HWC
ORN
ORN
Q1 26
Q4 25
11.6%
Q3 25
13.2%
Q2 25
12.6%
Q1 25
12.2%
Q4 24
14.0%
Q3 24
11.9%
Q2 24
9.5%
Operating Margin
HWC
HWC
ORN
ORN
Q1 26
Q4 25
40.7%
2.2%
Q3 25
41.6%
2.4%
Q2 25
38.5%
1.7%
Q1 25
40.9%
0.4%
Q4 24
41.3%
4.4%
Q3 24
39.5%
3.4%
Q2 24
40.3%
-1.4%
Net Margin
HWC
HWC
ORN
ORN
Q1 26
16.1%
Q4 25
-0.1%
Q3 25
33.0%
1.5%
Q2 25
0.4%
Q1 25
-0.7%
Q4 24
3.1%
Q3 24
31.4%
1.9%
Q2 24
-3.4%
EPS (diluted)
HWC
HWC
ORN
ORN
Q1 26
$0.57
Q4 25
$1.48
$-0.00
Q3 25
$1.49
$0.08
Q2 25
$1.32
$0.02
Q1 25
$1.38
$-0.04
Q4 24
$1.40
$0.22
Q3 24
$1.33
$0.12
Q2 24
$1.31
$-0.20

Balance Sheet & Financial Strength

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

Metric
HWC
HWC
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$223.7M
$1.6M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$159.0M
Total Assets
$35.5B
$414.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWC
HWC
ORN
ORN
Q1 26
$223.7M
Q4 25
$1.6M
Q3 25
$4.9M
Q2 25
$1.7M
Q1 25
$13.0M
Q4 24
$28.3M
Q3 24
$28.3M
Q2 24
$4.8M
Total Debt
HWC
HWC
ORN
ORN
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
$33.4M
Q1 25
$210.6M
$23.3M
Q4 24
$210.5M
$23.2M
Q3 24
$236.4M
$28.0M
Q2 24
$236.4M
$60.3M
Stockholders' Equity
HWC
HWC
ORN
ORN
Q1 26
Q4 25
$4.5B
$159.0M
Q3 25
$4.5B
$157.9M
Q2 25
$4.4B
$153.2M
Q1 25
$4.3B
$150.8M
Q4 24
$4.1B
$150.7M
Q3 24
$4.2B
$142.4M
Q2 24
$3.9B
$111.1M
Total Assets
HWC
HWC
ORN
ORN
Q1 26
$35.5B
Q4 25
$35.5B
$414.7M
Q3 25
$35.8B
$422.4M
Q2 25
$35.2B
$432.7M
Q1 25
$34.8B
$416.3M
Q4 24
$35.1B
$417.3M
Q3 24
$35.2B
$430.3M
Q2 24
$35.4B
$414.0M
Debt / Equity
HWC
HWC
ORN
ORN
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
0.22×
Q1 25
0.05×
0.15×
Q4 24
0.05×
0.15×
Q3 24
0.06×
0.20×
Q2 24
0.06×
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HWC
HWC
ORN
ORN
Operating Cash FlowLast quarter
$13.8M
Free Cash FlowOCF − Capex
$454.0K
FCF MarginFCF / Revenue
0.2%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWC
HWC
ORN
ORN
Q1 26
Q4 25
$541.8M
$13.8M
Q3 25
$158.8M
$23.3M
Q2 25
$125.8M
$-5.6M
Q1 25
$104.2M
$-3.4M
Q4 24
$625.7M
$13.4M
Q3 24
$162.5M
$37.5M
Q2 24
$105.0M
$-15.3M
Free Cash Flow
HWC
HWC
ORN
ORN
Q1 26
Q4 25
$523.1M
$454.0K
Q3 25
$155.0M
$13.9M
Q2 25
$122.0M
$-12.7M
Q1 25
$100.2M
$-12.5M
Q4 24
$615.5M
$9.9M
Q3 24
$158.6M
$33.3M
Q2 24
$103.7M
$-20.0M
FCF Margin
HWC
HWC
ORN
ORN
Q1 26
Q4 25
134.4%
0.2%
Q3 25
40.2%
6.2%
Q2 25
32.5%
-6.2%
Q1 25
27.5%
-6.6%
Q4 24
168.7%
4.6%
Q3 24
43.1%
14.7%
Q2 24
28.8%
-10.4%
Capex Intensity
HWC
HWC
ORN
ORN
Q1 26
Q4 25
4.8%
5.7%
Q3 25
1.0%
4.2%
Q2 25
1.0%
3.5%
Q1 25
1.1%
4.8%
Q4 24
2.8%
1.6%
Q3 24
1.1%
1.8%
Q2 24
0.4%
2.4%
Cash Conversion
HWC
HWC
ORN
ORN
Q1 26
Q4 25
Q3 25
1.25×
7.05×
Q2 25
-6.61×
Q1 25
Q4 24
1.98×
Q3 24
1.41×
8.79×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HWC
HWC

Segment breakdown not available.

ORN
ORN

Construction$117.0M50%
Light Commercial$85.8M37%
Dredging$18.1M8%
Structural$8.0M3%
Specialty Services$4.3M2%

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