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Side-by-side financial comparison of Lantheus Holdings, Inc. (LNTH) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

ADVANCED DRAINAGE SYSTEMS, INC. is the larger business by last-quarter revenue ($693.4M vs $406.8M, roughly 1.7× Lantheus Holdings, Inc.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 13.3%, a 0.2% gap on every dollar of revenue. On growth, Lantheus Holdings, Inc. posted the faster year-over-year revenue change (4.0% vs 0.4%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $81.4M). Over the past eight quarters, Lantheus Holdings, Inc.'s revenue compounded faster (4.9% CAGR vs 3.0%).

Lantheus Holdings, Inc. is a global healthcare firm specializing in the development, manufacturing and commercialization of innovative diagnostic imaging agents and related solutions. Its offerings cover core medical segments including oncology, cardiology and urology, with primary markets across North America and other key global regions.

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's s...

LNTH vs WMS — Head-to-Head

Bigger by revenue
WMS
WMS
1.7× larger
WMS
$693.4M
$406.8M
LNTH
Growing faster (revenue YoY)
LNTH
LNTH
+3.6% gap
LNTH
4.0%
0.4%
WMS
Higher net margin
WMS
WMS
0.2% more per $
WMS
13.5%
13.3%
LNTH
More free cash flow
WMS
WMS
$102.2M more FCF
WMS
$183.6M
$81.4M
LNTH
Faster 2-yr revenue CAGR
LNTH
LNTH
Annualised
LNTH
4.9%
3.0%
WMS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LNTH
LNTH
WMS
WMS
Revenue
$406.8M
$693.4M
Net Profit
$54.1M
$93.6M
Gross Margin
59.2%
37.4%
Operating Margin
19.0%
19.7%
Net Margin
13.3%
13.5%
Revenue YoY
4.0%
0.4%
Net Profit YoY
558.8%
15.3%
EPS (diluted)
$0.86
$1.19

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
LNTH
LNTH
WMS
WMS
Q4 25
$406.8M
$693.4M
Q3 25
$384.0M
$850.4M
Q2 25
$378.0M
$829.9M
Q1 25
$372.8M
$615.8M
Q4 24
$391.1M
$690.5M
Q3 24
$378.7M
$782.6M
Q2 24
$394.1M
$815.3M
Q1 24
$370.0M
$653.8M
Net Profit
LNTH
LNTH
WMS
WMS
Q4 25
$54.1M
$93.6M
Q3 25
$27.8M
$156.0M
Q2 25
$78.8M
$143.9M
Q1 25
$72.9M
$77.2M
Q4 24
$-11.8M
$81.2M
Q3 24
$131.1M
$130.4M
Q2 24
$62.1M
$161.4M
Q1 24
$131.1M
$94.8M
Gross Margin
LNTH
LNTH
WMS
WMS
Q4 25
59.2%
37.4%
Q3 25
57.9%
40.0%
Q2 25
63.8%
39.8%
Q1 25
63.8%
36.7%
Q4 24
63.5%
35.0%
Q3 24
63.9%
37.6%
Q2 24
64.9%
40.8%
Q1 24
65.4%
38.5%
Operating Margin
LNTH
LNTH
WMS
WMS
Q4 25
19.0%
19.7%
Q3 25
11.4%
26.3%
Q2 25
23.3%
24.8%
Q1 25
27.4%
19.0%
Q4 24
29.1%
18.4%
Q3 24
35.3%
23.9%
Q2 24
26.1%
27.7%
Q1 24
28.8%
20.7%
Net Margin
LNTH
LNTH
WMS
WMS
Q4 25
13.3%
13.5%
Q3 25
7.2%
18.3%
Q2 25
20.8%
17.3%
Q1 25
19.6%
12.5%
Q4 24
-3.0%
11.8%
Q3 24
34.6%
16.7%
Q2 24
15.8%
19.8%
Q1 24
35.4%
14.5%
EPS (diluted)
LNTH
LNTH
WMS
WMS
Q4 25
$0.86
$1.19
Q3 25
$0.41
$1.99
Q2 25
$1.12
$1.84
Q1 25
$1.02
$0.99
Q4 24
$-0.18
$1.04
Q3 24
$1.79
$1.67
Q2 24
$0.88
$2.06
Q1 24
$1.87
$1.22

Balance Sheet & Financial Strength

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

Metric
LNTH
LNTH
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$359.1M
$1.0B
Total DebtLower is stronger
$568.7M
Stockholders' EquityBook value
$1.1B
$1.9B
Total Assets
$2.2B
$4.1B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LNTH
LNTH
WMS
WMS
Q4 25
$359.1M
$1.0B
Q3 25
$382.0M
$812.9M
Q2 25
$695.6M
$638.3M
Q1 25
$938.5M
$463.3M
Q4 24
$912.8M
$488.9M
Q3 24
$866.4M
$613.0M
Q2 24
$757.0M
$541.6M
Q1 24
$718.3M
$490.2M
Total Debt
LNTH
LNTH
WMS
WMS
Q4 25
$568.7M
Q3 25
$567.9M
Q2 25
$566.8M
Q1 25
$566.1M
$1.3B
Q4 24
$565.3M
Q3 24
$613.0K
Q2 24
$563.2M
Q1 24
$562.5M
$1.3B
Stockholders' Equity
LNTH
LNTH
WMS
WMS
Q4 25
$1.1B
$1.9B
Q3 25
$1.1B
$1.8B
Q2 25
$1.2B
$1.7B
Q1 25
$1.2B
$1.5B
Q4 24
$1.1B
$1.5B
Q3 24
$1.2B
$1.4B
Q2 24
$1.0B
$1.3B
Q1 24
$945.5M
$1.2B
Total Assets
LNTH
LNTH
WMS
WMS
Q4 25
$2.2B
$4.1B
Q3 25
$2.3B
$4.1B
Q2 25
$2.1B
$3.9B
Q1 25
$2.1B
$3.7B
Q4 24
$2.0B
$3.6B
Q3 24
$2.0B
$3.5B
Q2 24
$1.9B
$3.4B
Q1 24
$1.8B
$3.3B
Debt / Equity
LNTH
LNTH
WMS
WMS
Q4 25
0.52×
Q3 25
0.51×
Q2 25
0.49×
Q1 25
0.49×
0.83×
Q4 24
0.52×
Q3 24
0.00×
Q2 24
0.55×
Q1 24
0.59×
1.11×

Cash Flow & Capital Efficiency

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

Metric
LNTH
LNTH
WMS
WMS
Operating Cash FlowLast quarter
$90.2M
$269.3M
Free Cash FlowOCF − Capex
$81.4M
$183.6M
FCF MarginFCF / Revenue
20.0%
26.5%
Capex IntensityCapex / Revenue
2.2%
12.4%
Cash ConversionOCF / Net Profit
1.67×
2.88×
TTM Free Cash FlowTrailing 4 quarters
$354.1M
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LNTH
LNTH
WMS
WMS
Q4 25
$90.2M
$269.3M
Q3 25
$105.3M
$234.9M
Q2 25
$87.1M
$275.0M
Q1 25
$107.6M
$41.2M
Q4 24
$157.7M
$189.9M
Q3 24
$175.1M
$166.9M
Q2 24
$84.7M
$183.4M
Q1 24
$127.2M
$17.7M
Free Cash Flow
LNTH
LNTH
WMS
WMS
Q4 25
$81.4M
$183.6M
Q3 25
$94.7M
$176.4M
Q2 25
$79.1M
$222.4M
Q1 25
$98.8M
$-5.3M
Q4 24
$141.4M
$135.7M
Q3 24
$159.3M
$112.4M
Q2 24
$73.5M
$125.7M
Q1 24
$119.0M
$-29.8M
FCF Margin
LNTH
LNTH
WMS
WMS
Q4 25
20.0%
26.5%
Q3 25
24.7%
20.7%
Q2 25
20.9%
26.8%
Q1 25
26.5%
-0.9%
Q4 24
36.1%
19.7%
Q3 24
42.0%
14.4%
Q2 24
18.7%
15.4%
Q1 24
32.2%
-4.6%
Capex Intensity
LNTH
LNTH
WMS
WMS
Q4 25
2.2%
12.4%
Q3 25
2.8%
6.9%
Q2 25
2.1%
6.3%
Q1 25
2.3%
7.6%
Q4 24
4.2%
7.9%
Q3 24
4.2%
7.0%
Q2 24
2.8%
7.1%
Q1 24
2.2%
7.3%
Cash Conversion
LNTH
LNTH
WMS
WMS
Q4 25
1.67×
2.88×
Q3 25
3.79×
1.51×
Q2 25
1.11×
1.91×
Q1 25
1.47×
0.53×
Q4 24
2.34×
Q3 24
1.34×
1.28×
Q2 24
1.36×
1.14×
Q1 24
0.97×
0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LNTH
LNTH

Radiopharmaceutical Oncology$240.2M59%
Definity$85.3M21%
Strategic Partnerships And Other$23.3M6%
Techne Lite$21.0M5%
Licenseand Royalty Revenues$17.4M4%
Other$13.6M3%
Other Precision Diagnostics$5.9M1%

WMS
WMS

Reportable Segment Aggregation Before Other Operating Segment$557.3M80%
Other$85.5M12%
Pipe$35.5M5%
Allied Products And Other$15.0M2%

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