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Side-by-side financial comparison of Magnera Corp (MAGN) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $792.0M, roughly 1.1× Magnera Corp). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs -4.3%, a 33.8% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 9.6%).
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
MAGN vs ZION — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $891.0M |
| Net Profit | $-34.0M | $263.0M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | — |
| Net Margin | -4.3% | 29.5% |
| Revenue YoY | 12.8% | 8.7% |
| Net Profit YoY | 43.3% | 21.8% |
| EPS (diluted) | $-0.95 | $1.77 |
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 | $792.0M | $891.0M | ||
| Q3 25 | — | $861.0M | ||
| Q2 25 | $839.0M | $838.0M | ||
| Q1 25 | $824.0M | $795.0M | ||
| Q4 24 | $702.0M | $820.0M | ||
| Q3 24 | $332.1M | $792.0M | ||
| Q2 24 | $556.0M | $777.0M | ||
| Q1 24 | $558.0M | $742.0M |
| Q4 25 | $-34.0M | $263.0M | ||
| Q3 25 | — | $222.0M | ||
| Q2 25 | $-18.0M | $244.0M | ||
| Q1 25 | $-41.0M | $170.0M | ||
| Q4 24 | $-60.0M | $216.0M | ||
| Q3 24 | $-15.2M | $214.0M | ||
| Q2 24 | $19.0M | $201.0M | ||
| Q1 24 | $14.0M | $153.0M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 6.2% | — |
| Q4 25 | 1.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -3.1% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 3.8% | — |
| Q4 25 | -4.3% | 29.5% | ||
| Q3 25 | — | 25.8% | ||
| Q2 25 | -2.1% | 29.1% | ||
| Q1 25 | -5.0% | 21.4% | ||
| Q4 24 | -8.5% | 26.3% | ||
| Q3 24 | -4.6% | 27.0% | ||
| Q2 24 | 3.4% | 25.9% | ||
| Q1 24 | 2.5% | 20.6% |
| Q4 25 | $-0.95 | $1.77 | ||
| Q3 25 | — | $1.48 | ||
| Q2 25 | $-0.51 | $1.63 | ||
| Q1 25 | $-1.15 | $1.13 | ||
| Q4 24 | $-1.69 | $1.34 | ||
| Q3 24 | $-0.33 | $1.37 | ||
| Q2 24 | $0.60 | $1.28 | ||
| Q1 24 | $0.44 | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.0M | — |
| Total DebtLower is stronger | $1.9B | $1.5B |
| Stockholders' EquityBook value | $1.0B | $7.2B |
| Total Assets | $3.9B | $89.0B |
| Debt / EquityLower = less leverage | 1.86× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $276.0M | — | ||
| Q1 25 | $282.0M | — | ||
| Q4 24 | $215.0M | — | ||
| Q3 24 | $230.0M | — | ||
| Q2 24 | $33.9M | — | ||
| Q1 24 | $30.2M | — |
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $2.0B | $970.0M | ||
| Q1 25 | $2.0B | $964.0M | ||
| Q4 24 | $2.0B | $950.0M | ||
| Q3 24 | $2.0B | $548.0M | ||
| Q2 24 | $877.4M | $546.0M | ||
| Q1 24 | $884.7M | $544.0M |
| Q4 25 | $1.0B | $7.2B | ||
| Q3 25 | — | $6.9B | ||
| Q2 25 | $1.1B | $6.6B | ||
| Q1 25 | $1.1B | $6.3B | ||
| Q4 24 | $1.1B | $6.1B | ||
| Q3 24 | $2.1B | $6.4B | ||
| Q2 24 | $2.4B | $6.0B | ||
| Q1 24 | $2.4B | $5.8B |
| Q4 25 | $3.9B | $89.0B | ||
| Q3 25 | — | $88.5B | ||
| Q2 25 | $4.1B | $88.9B | ||
| Q1 25 | $4.1B | $88.0B | ||
| Q4 24 | $4.0B | $88.8B | ||
| Q3 24 | $2.8B | $87.0B | ||
| Q2 24 | $1.5B | $87.6B | ||
| Q1 24 | $1.5B | $87.1B |
| Q4 25 | 1.86× | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | 1.77× | 0.15× | ||
| Q1 25 | 1.83× | 0.15× | ||
| Q4 24 | 1.80× | 0.16× | ||
| Q3 24 | 0.91× | 0.09× | ||
| Q2 24 | 0.37× | 0.09× | ||
| Q1 24 | 0.36× | 0.09× |
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 | $2.0M | $1.1B |
| Free Cash FlowOCF − Capex | $-13.0M | $952.0M |
| FCF MarginFCF / Revenue | -1.6% | 106.8% |
| Capex IntensityCapex / Revenue | 1.9% | 13.6% |
| Cash ConversionOCF / Net Profit | — | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $1.1B | ||
| Q3 25 | — | $438.0M | ||
| Q2 25 | $0 | $-62.0M | ||
| Q1 25 | $65.0M | $179.0M | ||
| Q4 24 | $-58.0M | $1.1B | ||
| Q3 24 | $12.2M | $119.0M | ||
| Q2 24 | $38.0M | $251.0M | ||
| Q1 24 | $20.0M | $261.0M |
| Q4 25 | $-13.0M | $952.0M | ||
| Q3 25 | — | $413.0M | ||
| Q2 25 | — | $-93.0M | ||
| Q1 25 | $42.0M | $152.0M | ||
| Q4 24 | $-74.0M | $1.1B | ||
| Q3 24 | $3.6M | $97.0M | ||
| Q2 24 | $23.0M | $234.0M | ||
| Q1 24 | $12.5M | $231.0M |
| Q4 25 | -1.6% | 106.8% | ||
| Q3 25 | — | 48.0% | ||
| Q2 25 | — | -11.1% | ||
| Q1 25 | 5.1% | 19.1% | ||
| Q4 24 | -10.5% | 128.2% | ||
| Q3 24 | 1.1% | 12.2% | ||
| Q2 24 | 4.1% | 30.1% | ||
| Q1 24 | 2.2% | 31.1% |
| Q4 25 | 1.9% | 13.6% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | 1.5% | 3.7% | ||
| Q1 25 | 2.8% | 3.4% | ||
| Q4 24 | 2.3% | 11.8% | ||
| Q3 24 | 2.6% | 2.8% | ||
| Q2 24 | 2.7% | 2.2% | ||
| Q1 24 | 1.3% | 4.0% |
| Q4 25 | — | 4.08× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | — | -0.25× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 5.31× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | 2.00× | 1.25× | ||
| Q1 24 | 1.43× | 1.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
ZION
Segment breakdown not available.
