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Side-by-side financial comparison of Pediatrix Medical Group, Inc. (MD) and OneWater Marine Inc. (ONEW). Click either name above to swap in a different company.

Pediatrix Medical Group, Inc. is the larger business by last-quarter revenue ($493.8M vs $442.3M, roughly 1.1× OneWater Marine Inc.). Pediatrix Medical Group, Inc. runs the higher net margin — 6.8% vs -2.9%, a 9.7% gap on every dollar of revenue. On growth, Pediatrix Medical Group, Inc. posted the faster year-over-year revenue change (-1.7% vs -8.5%). Over the past eight quarters, OneWater Marine Inc.'s revenue compounded faster (8.2% CAGR vs -0.1%).

Pediatrix Medical Group, Inc. is a leading U.S. specialized medical service provider focusing on maternal-fetal care, neonatology, pediatric cardiology and other pediatric subspecialties. It partners with U.S. healthcare facilities to deliver evidence-based care to women, newborns and children.

OneWater Marine Inc. is a leading recreational marine retailer headquartered in the U.S. It sells new and pre-owned boats, yachts and marine parts, offers maintenance, repair and financing services, and serves individual and commercial leisure boating customers across North America through its extensive network of local dealerships.

MD vs ONEW — Head-to-Head

Bigger by revenue
MD
MD
1.1× larger
MD
$493.8M
$442.3M
ONEW
Growing faster (revenue YoY)
MD
MD
+6.8% gap
MD
-1.7%
-8.5%
ONEW
Higher net margin
MD
MD
9.7% more per $
MD
6.8%
-2.9%
ONEW
Faster 2-yr revenue CAGR
ONEW
ONEW
Annualised
ONEW
8.2%
-0.1%
MD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MD
MD
ONEW
ONEW
Revenue
$493.8M
$442.3M
Net Profit
$33.7M
$-12.9M
Gross Margin
23.9%
Operating Margin
9.9%
1.7%
Net Margin
6.8%
-2.9%
Revenue YoY
-1.7%
-8.5%
Net Profit YoY
10.5%
EPS (diluted)
$0.40
$-0.78

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
MD
MD
ONEW
ONEW
Q2 26
$442.3M
Q1 26
$380.6M
Q4 25
$493.8M
$380.6M
Q3 25
$492.9M
$460.1M
Q2 25
$468.8M
$552.9M
Q1 25
$458.4M
$483.5M
Q4 24
$502.4M
$375.8M
Q3 24
$511.2M
$377.9M
Net Profit
MD
MD
ONEW
ONEW
Q2 26
$-12.9M
Q1 26
$-7.7M
Q4 25
$33.7M
$-7.7M
Q3 25
$71.7M
$-113.0M
Q2 25
$39.3M
$10.7M
Q1 25
$20.7M
$-368.0K
Q4 24
$30.5M
$-12.0M
Q3 24
$19.4M
$-9.2M
Gross Margin
MD
MD
ONEW
ONEW
Q2 26
23.9%
Q1 26
23.5%
Q4 25
23.5%
Q3 25
22.6%
Q2 25
23.3%
Q1 25
22.8%
Q4 24
22.4%
Q3 24
24.0%
Operating Margin
MD
MD
ONEW
ONEW
Q2 26
1.7%
Q1 26
Q4 25
9.9%
-1.4%
Q3 25
13.8%
-28.3%
Q2 25
12.8%
5.5%
Q1 25
7.0%
3.4%
Q4 24
7.8%
-0.5%
Q3 24
6.6%
1.2%
Net Margin
MD
MD
ONEW
ONEW
Q2 26
-2.9%
Q1 26
-2.0%
Q4 25
6.8%
-2.0%
Q3 25
14.5%
-24.5%
Q2 25
8.4%
1.9%
Q1 25
4.5%
-0.1%
Q4 24
6.1%
-3.2%
Q3 24
3.8%
-2.4%
EPS (diluted)
MD
MD
ONEW
ONEW
Q2 26
$-0.78
Q1 26
$-0.47
Q4 25
$0.40
Q3 25
$0.84
Q2 25
$0.46
Q1 25
$0.24
Q4 24
$0.37
Q3 24
$0.23

Balance Sheet & Financial Strength

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

Metric
MD
MD
ONEW
ONEW
Cash + ST InvestmentsLiquidity on hand
$375.2M
Total DebtLower is stronger
$570.5M
Stockholders' EquityBook value
$865.9M
$269.4M
Total Assets
$2.2B
$1.4B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$375.2M
Q3 25
$340.1M
Q2 25
$224.7M
Q1 25
$99.0M
Q4 24
$229.9M
Q3 24
$103.8M
Total Debt
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$570.5M
Q3 25
$577.2M
Q2 25
$583.9M
Q1 25
$590.5M
Q4 24
$597.1M
Q3 24
Stockholders' Equity
MD
MD
ONEW
ONEW
Q2 26
$269.4M
Q1 26
$277.5M
Q4 25
$865.9M
$277.5M
Q3 25
$890.7M
$285.0M
Q2 25
$833.8M
$393.2M
Q1 25
$789.2M
$381.6M
Q4 24
$764.9M
$354.8M
Q3 24
$732.5M
$360.8M
Total Assets
MD
MD
ONEW
ONEW
Q2 26
$1.4B
Q1 26
$1.4B
Q4 25
$2.2B
$1.4B
Q3 25
$2.2B
$1.4B
Q2 25
$2.1B
$1.5B
Q1 25
$2.0B
$1.6B
Q4 24
$2.2B
$1.6B
Q3 24
$2.1B
$1.6B
Debt / Equity
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
0.66×
Q3 25
0.65×
Q2 25
0.70×
Q1 25
0.75×
Q4 24
0.78×
Q3 24

Cash Flow & Capital Efficiency

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

Metric
MD
MD
ONEW
ONEW
Operating Cash FlowLast quarter
$114.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$114.1M
$-76.3M
Q3 25
$137.3M
$9.9M
Q2 25
$137.2M
$90.8M
Q1 25
$-117.5M
$28.5M
Q4 24
$133.0M
$-37.4M
Q3 24
$91.8M
$27.3M
Free Cash Flow
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$-78.2M
Q3 25
$7.2M
Q2 25
$88.9M
Q1 25
$23.7M
Q4 24
$-40.0M
Q3 24
$23.2M
FCF Margin
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
-20.6%
Q3 25
1.6%
Q2 25
16.1%
Q1 25
4.9%
Q4 24
-10.7%
Q3 24
6.1%
Capex Intensity
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.4%
Q1 25
1.0%
Q4 24
0.7%
Q3 24
1.1%
Cash Conversion
MD
MD
ONEW
ONEW
Q2 26
Q1 26
Q4 25
3.39×
Q3 25
1.91×
Q2 25
3.49×
8.47×
Q1 25
-5.66×
Q4 24
4.36×
Q3 24
4.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MD
MD

Health Care Patient Service$421.6M85%
Hospitals Contracts$70.0M14%
Other$2.2M0%

ONEW
ONEW

New boat$272.0M62%
Pre-owned boat$94.4M21%
Service, parts & other$61.9M14%
Finance & insurance income$14.0M3%

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