vs
Side-by-side financial comparison of Lineage, Inc. (LINE) and Zoetis (ZTS). Click either name above to swap in a different company.
Zoetis is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.7× Lineage, Inc.). Zoetis runs the higher net margin — 25.3% vs -7.3%, a 32.5% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs 3.0%). Zoetis produced more free cash flow last quarter ($732.0M vs $35.0M).
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...
LINE vs ZTS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.4B |
| Net Profit | $-100.0M | $603.0M |
| Gross Margin | 32.3% | 70.2% |
| Operating Margin | 2.5% | 31.9% |
| Net Margin | -7.3% | 25.3% |
| Revenue YoY | 3.1% | 3.0% |
| Net Profit YoY | 79.4% | 3.8% |
| EPS (diluted) | $-0.44 | $1.37 |
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.
| Q4 25 | — | $2.4B | ||
| Q3 25 | $1.4B | $2.4B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.3B | $2.4B | ||
| Q1 24 | $1.3B | $2.2B |
| Q4 25 | — | $603.0M | ||
| Q3 25 | $-100.0M | $721.0M | ||
| Q2 25 | $-6.0M | $718.0M | ||
| Q1 25 | $0 | $631.0M | ||
| Q4 24 | $-71.0M | $581.0M | ||
| Q3 24 | $-485.0M | $682.0M | ||
| Q2 24 | $-68.0M | $624.0M | ||
| Q1 24 | $-40.0M | $599.0M |
| Q4 25 | — | 70.2% | ||
| Q3 25 | 32.3% | 71.5% | ||
| Q2 25 | 31.9% | 73.6% | ||
| Q1 25 | 32.2% | 72.0% | ||
| Q4 24 | 32.3% | 69.5% | ||
| Q3 24 | 32.8% | 70.6% | ||
| Q2 24 | 33.4% | 71.7% | ||
| Q1 24 | 33.4% | 70.6% |
| Q4 25 | — | 31.9% | ||
| Q3 25 | 2.5% | 37.0% | ||
| Q2 25 | 1.7% | 36.7% | ||
| Q1 25 | 4.3% | 36.5% | ||
| Q4 24 | -1.6% | 31.6% | ||
| Q3 24 | -38.6% | 36.6% | ||
| Q2 24 | 5.5% | 33.0% | ||
| Q1 24 | 7.6% | 34.1% |
| Q4 25 | — | 25.3% | ||
| Q3 25 | -7.3% | 30.0% | ||
| Q2 25 | -0.4% | 29.2% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | -5.3% | 25.1% | ||
| Q3 24 | -36.3% | 28.6% | ||
| Q2 24 | -5.1% | 26.4% | ||
| Q1 24 | -3.0% | 27.4% |
| Q4 25 | — | $1.37 | ||
| Q3 25 | $-0.44 | $1.63 | ||
| Q2 25 | $-0.03 | $1.61 | ||
| Q1 25 | $0.01 | $1.41 | ||
| Q4 24 | $-0.52 | $1.29 | ||
| Q3 24 | $-2.44 | $1.50 | ||
| Q2 24 | $-0.46 | $1.37 | ||
| Q1 24 | $-0.28 | $1.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.4B | $3.3B |
| Total Assets | $19.2B | $15.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $173.0M | $2.0B | ||
| Q3 24 | $409.0M | $1.7B | ||
| Q2 24 | $73.0M | $1.6B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | — | $3.3B | ||
| Q3 25 | $8.4B | $5.4B | ||
| Q2 25 | $8.6B | $5.0B | ||
| Q1 25 | $8.6B | $4.7B | ||
| Q4 24 | $8.6B | $4.8B | ||
| Q3 24 | $9.0B | $5.2B | ||
| Q2 24 | $4.9B | $5.0B | ||
| Q1 24 | $5.6B | $5.1B |
| Q4 25 | — | $15.5B | ||
| Q3 25 | $19.2B | $15.2B | ||
| Q2 25 | $19.4B | $14.5B | ||
| Q1 25 | $18.8B | $14.1B | ||
| Q4 24 | $18.7B | $14.2B | ||
| Q3 24 | $19.3B | $14.4B | ||
| Q2 24 | $18.8B | $14.2B | ||
| Q1 24 | — | $14.3B |
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 | $230.0M | $893.0M |
| Free Cash FlowOCF − Capex | $35.0M | $732.0M |
| FCF MarginFCF / Revenue | 2.5% | 30.7% |
| Capex IntensityCapex / Revenue | 14.2% | 6.7% |
| Cash ConversionOCF / Net Profit | — | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $893.0M | ||
| Q3 25 | $230.0M | $938.0M | ||
| Q2 25 | $258.0M | $486.0M | ||
| Q1 25 | $139.0M | $587.0M | ||
| Q4 24 | — | $905.0M | ||
| Q3 24 | $186.0M | $951.0M | ||
| Q2 24 | $155.0M | $502.0M | ||
| Q1 24 | $105.0M | $595.0M |
| Q4 25 | — | $732.0M | ||
| Q3 25 | $35.0M | $805.0M | ||
| Q2 25 | $95.0M | $308.0M | ||
| Q1 25 | $-12.0M | $438.0M | ||
| Q4 24 | — | $689.0M | ||
| Q3 24 | $33.0M | $784.0M | ||
| Q2 24 | $-31.0M | $370.0M | ||
| Q1 24 | $-42.0M | $455.0M |
| Q4 25 | — | 30.7% | ||
| Q3 25 | 2.5% | 33.5% | ||
| Q2 25 | 7.0% | 12.5% | ||
| Q1 25 | -0.9% | 19.7% | ||
| Q4 24 | — | 29.7% | ||
| Q3 24 | 2.5% | 32.8% | ||
| Q2 24 | -2.3% | 15.7% | ||
| Q1 24 | -3.2% | 20.8% |
| Q4 25 | — | 6.7% | ||
| Q3 25 | 14.2% | 5.5% | ||
| Q2 25 | 12.1% | 7.2% | ||
| Q1 25 | 11.7% | 6.7% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 11.5% | 7.0% | ||
| Q2 24 | 13.9% | 5.6% | ||
| Q1 24 | 11.1% | 6.4% |
| Q4 25 | — | 1.48× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 1.39× | ||
| Q2 24 | — | 0.80× | ||
| Q1 24 | — | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
ZTS
| Other | $1.3B | 56% |
| Livestock | $234.0M | 10% |
| Pain Sedation | $209.0M | 9% |
| Other Pharmaceuticals | $188.0M | 8% |
| Swine | $125.0M | 5% |
| Poultry | $117.0M | 5% |
| Fish | $81.0M | 3% |
| Other Non Pharmaceuticals | $70.0M | 3% |
| Manufactured Product Other | $18.0M | 1% |
| Medicated Feed Additives | $12.0M | 1% |
