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Side-by-side financial comparison of Pediatrix Medical Group, Inc. (MD) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $493.8M, roughly 1.9× Pediatrix Medical Group, Inc.). Pediatrix Medical Group, Inc. runs the higher net margin — 6.8% vs 3.1%, a 3.7% gap on every dollar of revenue. On growth, PATRICK INDUSTRIES INC posted the faster year-over-year revenue change (9.2% vs -1.7%). Over the past eight quarters, Pediatrix Medical Group, Inc.'s revenue compounded faster (-0.1% CAGR vs -0.5%).
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.
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
MD vs PATK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $493.8M | $924.2M |
| Net Profit | $33.7M | $29.1M |
| Gross Margin | — | 23.0% |
| Operating Margin | 9.9% | 6.2% |
| Net Margin | 6.8% | 3.1% |
| Revenue YoY | -1.7% | 9.2% |
| Net Profit YoY | 10.5% | 99.7% |
| EPS (diluted) | $0.40 | $0.82 |
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 | $493.8M | $924.2M | ||
| Q3 25 | $492.9M | $975.6M | ||
| Q2 25 | $468.8M | $1.0B | ||
| Q1 25 | $458.4M | $1.0B | ||
| Q4 24 | $502.4M | $846.1M | ||
| Q3 24 | $511.2M | $919.4M | ||
| Q2 24 | $504.3M | $1.0B | ||
| Q1 24 | $495.1M | $933.5M |
| Q4 25 | $33.7M | $29.1M | ||
| Q3 25 | $71.7M | $35.3M | ||
| Q2 25 | $39.3M | $32.4M | ||
| Q1 25 | $20.7M | $38.2M | ||
| Q4 24 | $30.5M | $14.6M | ||
| Q3 24 | $19.4M | $40.9M | ||
| Q2 24 | $-153.0M | $47.9M | ||
| Q1 24 | $4.0M | $35.1M |
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 22.8% | ||
| Q1 24 | — | 21.9% |
| Q4 25 | 9.9% | 6.2% | ||
| Q3 25 | 13.8% | 6.8% | ||
| Q2 25 | 12.8% | 8.3% | ||
| Q1 25 | 7.0% | 6.5% | ||
| Q4 24 | 7.8% | 4.7% | ||
| Q3 24 | 6.6% | 8.1% | ||
| Q2 24 | -31.3% | 8.3% | ||
| Q1 24 | 3.2% | 6.4% |
| Q4 25 | 6.8% | 3.1% | ||
| Q3 25 | 14.5% | 3.6% | ||
| Q2 25 | 8.4% | 3.1% | ||
| Q1 25 | 4.5% | 3.8% | ||
| Q4 24 | 6.1% | 1.7% | ||
| Q3 24 | 3.8% | 4.4% | ||
| Q2 24 | -30.3% | 4.7% | ||
| Q1 24 | 0.8% | 3.8% |
| Q4 25 | $0.40 | $0.82 | ||
| Q3 25 | $0.84 | $1.01 | ||
| Q2 25 | $0.46 | $0.96 | ||
| Q1 25 | $0.24 | $1.11 | ||
| Q4 24 | $0.37 | $-1.44 | ||
| Q3 24 | $0.23 | $1.80 | ||
| Q2 24 | $-1.84 | $2.16 | ||
| Q1 24 | $0.05 | $1.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $375.2M | $26.4M |
| Total DebtLower is stronger | $570.5M | $1.3B |
| Stockholders' EquityBook value | $865.9M | $1.2B |
| Total Assets | $2.2B | $3.1B |
| Debt / EquityLower = less leverage | 0.66× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $375.2M | $26.4M | ||
| Q3 25 | $340.1M | $20.7M | ||
| Q2 25 | $224.7M | $22.0M | ||
| Q1 25 | $99.0M | $86.6M | ||
| Q4 24 | $229.9M | $33.6M | ||
| Q3 24 | $103.8M | $52.6M | ||
| Q2 24 | $19.4M | $44.0M | ||
| Q1 24 | $8.0M | $17.6M |
| Q4 25 | $570.5M | $1.3B | ||
| Q3 25 | $577.2M | — | ||
| Q2 25 | $583.9M | — | ||
| Q1 25 | $590.5M | — | ||
| Q4 24 | $597.1M | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $865.9M | $1.2B | ||
| Q3 25 | $890.7M | $1.2B | ||
| Q2 25 | $833.8M | $1.1B | ||
| Q1 25 | $789.2M | $1.1B | ||
| Q4 24 | $764.9M | $1.1B | ||
| Q3 24 | $732.5M | $1.1B | ||
| Q2 24 | $706.5M | $1.1B | ||
| Q1 24 | $856.2M | $1.1B |
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.2B | $3.1B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $3.2B | ||
| Q4 24 | $2.2B | $3.0B | ||
| Q3 24 | $2.1B | $3.1B | ||
| Q2 24 | $2.0B | $3.0B | ||
| Q1 24 | $2.2B | $3.0B |
| Q4 25 | 0.66× | 1.10× | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.78× | 1.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $114.1M | $130.8M |
| Free Cash FlowOCF − Capex | — | $112.7M |
| FCF MarginFCF / Revenue | — | 12.2% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | 3.39× | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $114.1M | $130.8M | ||
| Q3 25 | $137.3M | $9.1M | ||
| Q2 25 | $137.2M | $149.4M | ||
| Q1 25 | $-117.5M | $40.1M | ||
| Q4 24 | $133.0M | $102.7M | ||
| Q3 24 | $91.8M | $51.5M | ||
| Q2 24 | $107.0M | $137.5M | ||
| Q1 24 | $-125.2M | $35.2M |
| Q4 25 | — | $112.7M | ||
| Q3 25 | — | $-17.2M | ||
| Q2 25 | — | $131.1M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | — | $77.2M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $120.6M | ||
| Q1 24 | — | $19.7M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 2.1% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | 3.39× | 4.50× | ||
| Q3 25 | 1.91× | 0.26× | ||
| Q2 25 | 3.49× | 4.61× | ||
| Q1 25 | -5.66× | 1.05× | ||
| Q4 24 | 4.36× | 7.05× | ||
| Q3 24 | 4.72× | 1.26× | ||
| Q2 24 | — | 2.87× | ||
| Q1 24 | -31.03× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MD
| Health Care Patient Service | $421.6M | 85% |
| Hospitals Contracts | $70.0M | 14% |
| Other | $2.2M | 0% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
