vs
Side-by-side financial comparison of MASIMO CORP (MASI) and SM Energy Co (SM). Click either name above to swap in a different company.
SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $371.5M, roughly 1.9× MASIMO CORP). On growth, SM Energy Co posted the faster year-over-year revenue change (-17.3% vs -26.4%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% 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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
MASI vs SM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $371.5M | $704.9M |
| Net Profit | $-100.4M | — |
| Gross Margin | 62.1% | — |
| Operating Margin | 22.5% | 25.9% |
| Net Margin | -27.0% | — |
| Revenue YoY | -26.4% | -17.3% |
| Net Profit YoY | -1124.5% | — |
| EPS (diluted) | $-1.84 | $0.94 |
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 | — | $704.9M | ||
| Q3 25 | $371.5M | $811.6M | ||
| Q2 25 | $370.9M | $792.9M | ||
| Q1 25 | $372.0M | $844.5M | ||
| Q4 24 | $600.7M | $852.0M | ||
| Q3 24 | $504.6M | $643.6M | ||
| Q2 24 | $496.3M | $634.6M | ||
| Q1 24 | $492.8M | $559.9M |
| Q4 25 | — | — | ||
| Q3 25 | $-100.4M | $155.1M | ||
| Q2 25 | $51.3M | $201.7M | ||
| Q1 25 | $-170.7M | $182.3M | ||
| Q4 24 | $-349.6M | — | ||
| Q3 24 | $9.8M | $240.5M | ||
| Q2 24 | $16.0M | $210.3M | ||
| Q1 24 | $18.9M | $131.2M |
| Q4 25 | — | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 62.9% | — | ||
| Q1 25 | 62.9% | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 52.2% | — | ||
| Q2 24 | 51.3% | — | ||
| Q1 24 | 49.0% | — |
| Q4 25 | — | 25.9% | ||
| Q3 25 | 22.5% | 30.4% | ||
| Q2 25 | 17.4% | 37.2% | ||
| Q1 25 | 21.0% | 32.7% | ||
| Q4 24 | -59.8% | 33.7% | ||
| Q3 24 | 6.0% | 51.4% | ||
| Q2 24 | 5.7% | 44.0% | ||
| Q1 24 | 6.9% | 31.9% |
| Q4 25 | — | — | ||
| Q3 25 | -27.0% | 19.1% | ||
| Q2 25 | 13.8% | 25.4% | ||
| Q1 25 | -45.9% | 21.6% | ||
| Q4 24 | -58.2% | — | ||
| Q3 24 | 1.9% | 37.4% | ||
| Q2 24 | 3.2% | 33.1% | ||
| Q1 24 | 3.8% | 23.4% |
| Q4 25 | — | $0.94 | ||
| Q3 25 | $-1.84 | $1.35 | ||
| Q2 25 | $0.94 | $1.76 | ||
| Q1 25 | $-3.12 | $1.59 | ||
| Q4 24 | $-6.54 | $1.63 | ||
| Q3 24 | $0.18 | $2.09 | ||
| Q2 24 | $0.29 | $1.82 | ||
| Q1 24 | $0.35 | $1.13 |
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 | $368.0M |
| Total DebtLower is stronger | $559.1M | — |
| Stockholders' EquityBook value | $810.0M | $4.8B |
| Total Assets | $1.8B | $9.3B |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $368.0M | ||
| Q3 25 | $312.3M | $162.3M | ||
| Q2 25 | $149.6M | $101.9M | ||
| Q1 25 | $130.8M | $54.0K | ||
| Q4 24 | $177.6M | — | ||
| Q3 24 | $158.5M | $1.7B | ||
| Q2 24 | $129.6M | $487.9M | ||
| Q1 24 | $157.6M | $506.3M |
| 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 | — | $4.8B | ||
| Q3 25 | $810.0M | $4.7B | ||
| Q2 25 | $1.0B | $4.6B | ||
| Q1 25 | $946.4M | $4.4B | ||
| Q4 24 | $1.1B | $4.2B | ||
| Q3 24 | $1.5B | $4.1B | ||
| Q2 24 | $1.4B | $3.8B | ||
| Q1 24 | $1.4B | $3.7B |
| Q4 25 | — | $9.3B | ||
| Q3 25 | $1.8B | $9.1B | ||
| Q2 25 | $2.4B | $9.0B | ||
| Q1 25 | $2.3B | $8.8B | ||
| Q4 24 | $2.6B | $8.6B | ||
| Q3 24 | $3.1B | $8.0B | ||
| Q2 24 | $2.9B | $6.7B | ||
| Q1 24 | $3.0B | $6.4B |
| 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 | $451.9M |
| Free Cash FlowOCF − Capex | $50.9M | — |
| FCF MarginFCF / Revenue | 13.7% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $451.9M | ||
| Q3 25 | $56.8M | $505.0M | ||
| Q2 25 | $69.4M | $571.1M | ||
| Q1 25 | $31.1M | $483.0M | ||
| Q4 24 | $50.5M | $578.4M | ||
| Q3 24 | $25.6M | $452.3M | ||
| Q2 24 | $74.5M | $476.4M | ||
| Q1 24 | $45.8M | $276.0M |
| Q4 25 | — | — | ||
| Q3 25 | $50.9M | — | ||
| Q2 25 | $65.6M | — | ||
| Q1 25 | $28.5M | — | ||
| Q4 24 | $46.0M | — | ||
| Q3 24 | $16.9M | — | ||
| Q2 24 | $66.9M | — | ||
| Q1 24 | $37.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 13.5% | — | ||
| Q1 24 | 7.6% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.26× | ||
| Q2 25 | 1.35× | 2.83× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.61× | 1.88× | ||
| Q2 24 | 4.66× | 2.27× | ||
| Q1 24 | 2.42× | 2.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.