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Side-by-side financial comparison of Pediatrix Medical Group, Inc. (MD) and Spectrum Brands Holdings, Inc. (SPB). Click either name above to swap in a different company.

Spectrum Brands Holdings, Inc. is the larger business by last-quarter revenue ($677.0M vs $493.8M, roughly 1.4× Pediatrix Medical Group, Inc.). Pediatrix Medical Group, Inc. runs the higher net margin — 6.8% vs 4.2%, a 2.6% gap on every dollar of revenue. On growth, Pediatrix Medical Group, Inc. posted the faster year-over-year revenue change (-1.7% vs -3.3%). Over the past eight quarters, Pediatrix Medical Group, Inc.'s revenue compounded faster (-0.1% CAGR vs -2.9%).

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.

Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.

MD vs SPB — Head-to-Head

Bigger by revenue
SPB
SPB
1.4× larger
SPB
$677.0M
$493.8M
MD
Growing faster (revenue YoY)
MD
MD
+1.6% gap
MD
-1.7%
-3.3%
SPB
Higher net margin
MD
MD
2.6% more per $
MD
6.8%
4.2%
SPB
Faster 2-yr revenue CAGR
MD
MD
Annualised
MD
-0.1%
-2.9%
SPB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MD
MD
SPB
SPB
Revenue
$493.8M
$677.0M
Net Profit
$33.7M
$28.4M
Gross Margin
35.7%
Operating Margin
9.9%
4.0%
Net Margin
6.8%
4.2%
Revenue YoY
-1.7%
-3.3%
Net Profit YoY
10.5%
20.9%
EPS (diluted)
$0.40
$1.21

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
SPB
SPB
Q4 25
$493.8M
$677.0M
Q3 25
$492.9M
$733.5M
Q2 25
$468.8M
$699.6M
Q1 25
$458.4M
$675.7M
Q4 24
$502.4M
$700.2M
Q3 24
$511.2M
$773.8M
Q2 24
$504.3M
$779.4M
Q1 24
$495.1M
$718.5M
Net Profit
MD
MD
SPB
SPB
Q4 25
$33.7M
$28.4M
Q3 25
$71.7M
$55.6M
Q2 25
$39.3M
$19.9M
Q1 25
$20.7M
$900.0K
Q4 24
$30.5M
$23.5M
Q3 24
$19.4M
$28.5M
Q2 24
$-153.0M
$6.1M
Q1 24
$4.0M
$61.1M
Gross Margin
MD
MD
SPB
SPB
Q4 25
35.7%
Q3 25
35.0%
Q2 25
37.8%
Q1 25
37.5%
Q4 24
36.8%
Q3 24
37.2%
Q2 24
38.9%
Q1 24
38.1%
Operating Margin
MD
MD
SPB
SPB
Q4 25
9.9%
4.0%
Q3 25
13.8%
4.0%
Q2 25
12.8%
4.5%
Q1 25
7.0%
2.9%
Q4 24
7.8%
6.4%
Q3 24
6.6%
2.8%
Q2 24
-31.3%
6.1%
Q1 24
3.2%
10.6%
Net Margin
MD
MD
SPB
SPB
Q4 25
6.8%
4.2%
Q3 25
14.5%
7.6%
Q2 25
8.4%
2.8%
Q1 25
4.5%
0.1%
Q4 24
6.1%
3.4%
Q3 24
3.8%
3.7%
Q2 24
-30.3%
0.8%
Q1 24
0.8%
8.5%
EPS (diluted)
MD
MD
SPB
SPB
Q4 25
$0.40
$1.21
Q3 25
$0.84
$2.19
Q2 25
$0.46
$0.80
Q1 25
$0.24
$0.03
Q4 24
$0.37
$0.84
Q3 24
$0.23
$1.03
Q2 24
$-1.84
$0.21
Q1 24
$0.05
$2.01

Balance Sheet & Financial Strength

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

Metric
MD
MD
SPB
SPB
Cash + ST InvestmentsLiquidity on hand
$375.2M
$126.6M
Total DebtLower is stronger
$570.5M
Stockholders' EquityBook value
$865.9M
$1.9B
Total Assets
$2.2B
$3.4B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MD
MD
SPB
SPB
Q4 25
$375.2M
$126.6M
Q3 25
$340.1M
$123.6M
Q2 25
$224.7M
$122.0M
Q1 25
$99.0M
$96.0M
Q4 24
$229.9M
$179.9M
Q3 24
$103.8M
$368.9M
Q2 24
$19.4M
$306.8M
Q1 24
$8.0M
$1.2B
Total Debt
MD
MD
SPB
SPB
Q4 25
$570.5M
Q3 25
$577.2M
$496.1M
Q2 25
$583.9M
Q1 25
$590.5M
Q4 24
$597.1M
Q3 24
$496.1M
Q2 24
Q1 24
Stockholders' Equity
MD
MD
SPB
SPB
Q4 25
$865.9M
$1.9B
Q3 25
$890.7M
$1.9B
Q2 25
$833.8M
$1.9B
Q1 25
$789.2M
$1.9B
Q4 24
$764.9M
$2.0B
Q3 24
$732.5M
$2.1B
Q2 24
$706.5M
$2.1B
Q1 24
$856.2M
$2.3B
Total Assets
MD
MD
SPB
SPB
Q4 25
$2.2B
$3.4B
Q3 25
$2.2B
$3.4B
Q2 25
$2.1B
$3.5B
Q1 25
$2.0B
$3.5B
Q4 24
$2.2B
$3.6B
Q3 24
$2.1B
$3.8B
Q2 24
$2.0B
$3.8B
Q1 24
$2.2B
$4.8B
Debt / Equity
MD
MD
SPB
SPB
Q4 25
0.66×
Q3 25
0.65×
0.26×
Q2 25
0.70×
Q1 25
0.75×
Q4 24
0.78×
Q3 24
0.23×
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
MD
MD
SPB
SPB
Operating Cash FlowLast quarter
$114.1M
$67.4M
Free Cash FlowOCF − Capex
$59.3M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
3.39×
2.37×
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MD
MD
SPB
SPB
Q4 25
$114.1M
$67.4M
Q3 25
$137.3M
$171.1M
Q2 25
$137.2M
$81.8M
Q1 25
$-117.5M
$23.1M
Q4 24
$133.0M
$-72.4M
Q3 24
$91.8M
$80.7M
Q2 24
$107.0M
$82.7M
Q1 24
$-125.2M
$3.5M
Free Cash Flow
MD
MD
SPB
SPB
Q4 25
$59.3M
Q3 25
$157.9M
Q2 25
$71.8M
Q1 25
$13.9M
Q4 24
$-78.3M
Q3 24
$67.7M
Q2 24
$72.6M
Q1 24
$-9.0M
FCF Margin
MD
MD
SPB
SPB
Q4 25
8.8%
Q3 25
21.5%
Q2 25
10.3%
Q1 25
2.1%
Q4 24
-11.2%
Q3 24
8.7%
Q2 24
9.3%
Q1 24
-1.3%
Capex Intensity
MD
MD
SPB
SPB
Q4 25
1.2%
Q3 25
1.8%
Q2 25
1.4%
Q1 25
1.4%
Q4 24
0.8%
Q3 24
1.7%
Q2 24
1.3%
Q1 24
1.7%
Cash Conversion
MD
MD
SPB
SPB
Q4 25
3.39×
2.37×
Q3 25
1.91×
3.08×
Q2 25
3.49×
4.11×
Q1 25
-5.66×
25.67×
Q4 24
4.36×
-3.08×
Q3 24
4.72×
2.83×
Q2 24
13.56×
Q1 24
-31.03×
0.06×

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%

SPB
SPB

HPC Segment$321.5M47%
Global Pet Supplies$168.7M25%
Home And Personal Care$109.8M16%
HG Segment$73.9M11%

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