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Side-by-side financial comparison of MASIMO CORP (MASI) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $260.4M, roughly 1.4× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -27.0%, a 28.4% gap on every dollar of revenue. On growth, Smith Douglas Homes Corp. posted the faster year-over-year revenue change (-9.4% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $8.7M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
MASI vs SDHC — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $371.5M | $260.4M |
| Net Profit | $-100.4M | $3.5M |
| Gross Margin | 62.1% | 19.9% |
| Operating Margin | 22.5% | 6.5% |
| Net Margin | -27.0% | 1.4% |
| Revenue YoY | -26.4% | -9.4% |
| Net Profit YoY | -1124.5% | -14.3% |
| EPS (diluted) | $-1.84 | $0.39 |
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 | — | $260.4M | ||
| Q3 25 | $371.5M | $262.0M | ||
| Q2 25 | $370.9M | $223.9M | ||
| Q1 25 | $372.0M | $224.7M | ||
| Q4 24 | $600.7M | $287.5M | ||
| Q3 24 | $504.6M | $277.8M | ||
| Q2 24 | $496.3M | $220.9M | ||
| Q1 24 | $492.8M | $189.2M |
| Q4 25 | — | $3.5M | ||
| Q3 25 | $-100.4M | $2.1M | ||
| Q2 25 | $51.3M | $2.4M | ||
| Q1 25 | $-170.7M | $2.7M | ||
| Q4 24 | $-349.6M | $4.1M | ||
| Q3 24 | $9.8M | $5.3M | ||
| Q2 24 | $16.0M | $3.6M | ||
| Q1 24 | $18.9M | $3.0M |
| Q4 25 | — | 19.9% | ||
| Q3 25 | 62.1% | 21.0% | ||
| Q2 25 | 62.9% | 23.2% | ||
| Q1 25 | 62.9% | 23.8% | ||
| Q4 24 | 40.7% | 25.5% | ||
| Q3 24 | 52.2% | 26.5% | ||
| Q2 24 | 51.3% | 26.7% | ||
| Q1 24 | 49.0% | 26.1% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | 22.5% | 6.6% | ||
| Q2 25 | 17.4% | 7.7% | ||
| Q1 25 | 21.0% | 8.7% | ||
| Q4 24 | -59.8% | 10.4% | ||
| Q3 24 | 6.0% | 14.2% | ||
| Q2 24 | 5.7% | 11.7% | ||
| Q1 24 | 6.9% | 11.3% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | -27.0% | 0.8% | ||
| Q2 25 | 13.8% | 1.1% | ||
| Q1 25 | -45.9% | 1.2% | ||
| Q4 24 | -58.2% | 1.4% | ||
| Q3 24 | 1.9% | 1.9% | ||
| Q2 24 | 3.2% | 1.7% | ||
| Q1 24 | 3.8% | 1.6% |
| Q4 25 | — | $0.39 | ||
| Q3 25 | $-1.84 | $0.24 | ||
| Q2 25 | $0.94 | $0.26 | ||
| Q1 25 | $-3.12 | $0.30 | ||
| Q4 24 | $-6.54 | $0.50 | ||
| Q3 24 | $0.18 | $0.58 | ||
| Q2 24 | $0.29 | $0.40 | ||
| Q1 24 | $0.35 | $0.33 |
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 | $12.7M |
| Total DebtLower is stronger | $559.1M | — |
| Stockholders' EquityBook value | $810.0M | $86.7M |
| Total Assets | $1.8B | $557.6M |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $12.7M | ||
| Q3 25 | $312.3M | $14.8M | ||
| Q2 25 | $149.6M | $16.8M | ||
| Q1 25 | $130.8M | $12.7M | ||
| Q4 24 | $177.6M | $22.4M | ||
| Q3 24 | $158.5M | $23.7M | ||
| Q2 24 | $129.6M | $17.3M | ||
| Q1 24 | $157.6M | $32.8M |
| Q4 25 | — | — | ||
| Q3 25 | $559.1M | — | ||
| Q2 25 | $613.7M | — | ||
| Q1 25 | $651.0M | — | ||
| Q4 24 | $765.2M | — | ||
| Q3 24 | $772.6M | — | ||
| Q2 24 | $781.6M | — | ||
| Q1 24 | $876.0M | — |
| Q4 25 | — | $86.7M | ||
| Q3 25 | $810.0M | $82.2M | ||
| Q2 25 | $1.0B | $80.0M | ||
| Q1 25 | $946.4M | $76.9M | ||
| Q4 24 | $1.1B | $73.6M | ||
| Q3 24 | $1.5B | $68.4M | ||
| Q2 24 | $1.4B | $62.1M | ||
| Q1 24 | $1.4B | $59.7M |
| Q4 25 | — | $557.6M | ||
| Q3 25 | $1.8B | $571.6M | ||
| Q2 25 | $2.4B | $570.2M | ||
| Q1 25 | $2.3B | $513.9M | ||
| Q4 24 | $2.6B | $475.9M | ||
| Q3 24 | $3.1B | $460.1M | ||
| Q2 24 | $2.9B | $429.3M | ||
| Q1 24 | $3.0B | $401.3M |
| Q4 25 | — | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.64× | — |
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 | $9.8M |
| Free Cash FlowOCF − Capex | $50.9M | $8.7M |
| FCF MarginFCF / Revenue | 13.7% | 3.4% |
| Capex IntensityCapex / Revenue | 1.6% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $9.8M | ||
| Q3 25 | $56.8M | $22.8M | ||
| Q2 25 | $69.4M | $-28.9M | ||
| Q1 25 | $31.1M | $-34.9M | ||
| Q4 24 | $50.5M | $5.5M | ||
| Q3 24 | $25.6M | $22.9M | ||
| Q2 24 | $74.5M | $39.0K | ||
| Q1 24 | $45.8M | $-9.3M |
| Q4 25 | — | $8.7M | ||
| Q3 25 | $50.9M | $21.4M | ||
| Q2 25 | $65.6M | $-31.1M | ||
| Q1 25 | $28.5M | $-35.9M | ||
| Q4 24 | $46.0M | $4.8M | ||
| Q3 24 | $16.9M | $22.3M | ||
| Q2 24 | $66.9M | $-2.1M | ||
| Q1 24 | $37.6M | $-9.7M |
| Q4 25 | — | 3.4% | ||
| Q3 25 | 13.7% | 8.2% | ||
| Q2 25 | 17.7% | -13.9% | ||
| Q1 25 | 7.7% | -16.0% | ||
| Q4 24 | 7.7% | 1.7% | ||
| Q3 24 | 3.3% | 8.0% | ||
| Q2 24 | 13.5% | -1.0% | ||
| Q1 24 | 7.6% | -5.1% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | 1.6% | 0.5% | ||
| Q2 25 | 1.0% | 0.9% | ||
| Q1 25 | 0.7% | 0.5% | ||
| Q4 24 | 0.7% | 0.2% | ||
| Q3 24 | 1.7% | 0.2% | ||
| Q2 24 | 1.5% | 1.0% | ||
| Q1 24 | 1.7% | 0.2% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | 1.35× | -12.24× | ||
| Q1 25 | — | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | 2.61× | 4.28× | ||
| Q2 24 | 4.66× | 0.01× | ||
| Q1 24 | 2.42× | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MASI
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
