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Side-by-side financial comparison of MASIMO CORP (MASI) and Enpro Inc. (NPO). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $295.4M, roughly 1.3× Enpro Inc.). Enpro Inc. runs the higher net margin — -10.8% vs -27.0%, a 16.2% gap on every dollar of revenue. On growth, Enpro Inc. posted the faster year-over-year revenue change (14.3% vs -26.4%). Over the past eight quarters, Enpro Inc.'s revenue compounded faster (7.1% CAGR vs -17.7%).
Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.
Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engin...
MASI vs NPO — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $371.5M | $295.4M |
| Net Profit | $-100.4M | $-32.0M |
| Gross Margin | 62.1% | 42.1% |
| Operating Margin | 22.5% | 11.2% |
| Net Margin | -27.0% | -10.8% |
| Revenue YoY | -26.4% | 14.3% |
| Net Profit YoY | -1124.5% | -330.2% |
| EPS (diluted) | $-1.84 | $-1.50 |
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 | — | $295.4M | ||
| Q3 25 | $371.5M | $286.6M | ||
| Q2 25 | $370.9M | $288.1M | ||
| Q1 25 | $372.0M | $273.2M | ||
| Q4 24 | $600.7M | $258.4M | ||
| Q3 24 | $504.6M | $260.9M | ||
| Q2 24 | $496.3M | $271.9M | ||
| Q1 24 | $492.8M | $257.5M |
| Q4 25 | — | $-32.0M | ||
| Q3 25 | $-100.4M | $21.6M | ||
| Q2 25 | $51.3M | $26.4M | ||
| Q1 25 | $-170.7M | $24.5M | ||
| Q4 24 | $-349.6M | $13.9M | ||
| Q3 24 | $9.8M | $19.8M | ||
| Q2 24 | $16.0M | $26.7M | ||
| Q1 24 | $18.9M | $12.5M |
| Q4 25 | — | 42.1% | ||
| Q3 25 | 62.1% | 41.9% | ||
| Q2 25 | 62.9% | 43.3% | ||
| Q1 25 | 62.9% | 43.3% | ||
| Q4 24 | 40.7% | 42.3% | ||
| Q3 24 | 52.2% | 42.3% | ||
| Q2 24 | 51.3% | 43.8% | ||
| Q1 24 | 49.0% | 41.2% |
| Q4 25 | — | 11.2% | ||
| Q3 25 | 22.5% | 14.3% | ||
| Q2 25 | 17.4% | 15.9% | ||
| Q1 25 | 21.0% | 15.3% | ||
| Q4 24 | -59.8% | 12.5% | ||
| Q3 24 | 6.0% | 13.1% | ||
| Q2 24 | 5.7% | 17.7% | ||
| Q1 24 | 6.9% | 10.9% |
| Q4 25 | — | -10.8% | ||
| Q3 25 | -27.0% | 7.5% | ||
| Q2 25 | 13.8% | 9.2% | ||
| Q1 25 | -45.9% | 9.0% | ||
| Q4 24 | -58.2% | 5.4% | ||
| Q3 24 | 1.9% | 7.6% | ||
| Q2 24 | 3.2% | 9.8% | ||
| Q1 24 | 3.8% | 4.9% |
| Q4 25 | — | $-1.50 | ||
| Q3 25 | $-1.84 | $1.01 | ||
| Q2 25 | $0.94 | $1.25 | ||
| Q1 25 | $-3.12 | $1.15 | ||
| Q4 24 | $-6.54 | $0.65 | ||
| Q3 24 | $0.18 | $0.94 | ||
| Q2 24 | $0.29 | $1.27 | ||
| Q1 24 | $0.35 | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $312.3M | $114.7M |
| Total DebtLower is stronger | $559.1M | $655.3M |
| Stockholders' EquityBook value | $810.0M | $1.5B |
| Total Assets | $1.8B | $2.7B |
| Debt / EquityLower = less leverage | 0.69× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $114.7M | ||
| Q3 25 | $312.3M | $132.9M | ||
| Q2 25 | $149.6M | $107.1M | ||
| Q1 25 | $130.8M | $240.3M | ||
| Q4 24 | $177.6M | $236.3M | ||
| Q3 24 | $158.5M | $206.9M | ||
| Q2 24 | $129.6M | $175.9M | ||
| Q1 24 | $157.6M | $163.9M |
| Q4 25 | — | $655.3M | ||
| Q3 25 | $559.1M | — | ||
| Q2 25 | $613.7M | — | ||
| Q1 25 | $651.0M | — | ||
| Q4 24 | $765.2M | $640.1M | ||
| Q3 24 | $772.6M | — | ||
| Q2 24 | $781.6M | — | ||
| Q1 24 | $876.0M | $644.9M |
| Q4 25 | — | $1.5B | ||
| Q3 25 | $810.0M | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $946.4M | $1.5B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $1.4B | $1.4B |
| Q4 25 | — | $2.7B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $2.4B | $2.4B | ||
| Q1 25 | $2.3B | $2.5B | ||
| Q4 24 | $2.6B | $2.5B | ||
| Q3 24 | $3.1B | $2.5B | ||
| Q2 24 | $2.9B | $2.5B | ||
| Q1 24 | $3.0B | $2.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.73× | 0.45× | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.64× | 0.46× |
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 | $56.8M | — |
| Free Cash FlowOCF − Capex | $50.9M | — |
| FCF MarginFCF / Revenue | 13.7% | — |
| Capex IntensityCapex / Revenue | 1.6% | 4.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $56.8M | $65.3M | ||
| Q2 25 | $69.4M | $52.2M | ||
| Q1 25 | $31.1M | $21.0M | ||
| Q4 24 | $50.5M | $59.4M | ||
| Q3 24 | $25.6M | $54.0M | ||
| Q2 24 | $74.5M | $43.2M | ||
| Q1 24 | $45.8M | $6.3M |
| Q4 25 | — | — | ||
| Q3 25 | $50.9M | $53.4M | ||
| Q2 25 | $65.6M | $42.3M | ||
| Q1 25 | $28.5M | $13.0M | ||
| Q4 24 | $46.0M | $49.1M | ||
| Q3 24 | $16.9M | $48.3M | ||
| Q2 24 | $66.9M | $38.3M | ||
| Q1 24 | $37.6M | $-1.9M |
| Q4 25 | — | — | ||
| Q3 25 | 13.7% | 18.6% | ||
| Q2 25 | 17.7% | 14.7% | ||
| Q1 25 | 7.7% | 4.8% | ||
| Q4 24 | 7.7% | 19.0% | ||
| Q3 24 | 3.3% | 18.5% | ||
| Q2 24 | 13.5% | 14.1% | ||
| Q1 24 | 7.6% | -0.7% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 1.6% | 4.2% | ||
| Q2 25 | 1.0% | 3.4% | ||
| Q1 25 | 0.7% | 2.9% | ||
| Q4 24 | 0.7% | 4.0% | ||
| Q3 24 | 1.7% | 2.2% | ||
| Q2 24 | 1.5% | 1.8% | ||
| Q1 24 | 1.7% | 3.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | 1.35× | 1.98× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 4.27× | ||
| Q3 24 | 2.61× | 2.73× | ||
| Q2 24 | 4.66× | 1.62× | ||
| Q1 24 | 2.42× | 0.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MASI
Segment breakdown not available.
NPO
| Sealing Technologies Segment | $187.0M | 63% |
| General Industrial | $71.3M | 24% |
| Power Generation | $19.9M | 7% |
| Oiland Gas Market | $15.0M | 5% |
| Semiconductors | $2.2M | 1% |
