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Side-by-side financial comparison of Envista Holdings Corp (NVST) and OLD NATIONAL BANCORP (ONB). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $702.8M, roughly 1.1× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 4.4%, a 28.9% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 0.6%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 9.7%).

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

NVST vs ONB — Head-to-Head

Bigger by revenue
NVST
NVST
1.1× larger
NVST
$750.6M
$702.8M
ONB
Growing faster (revenue YoY)
NVST
NVST
+14.4% gap
NVST
15.0%
0.6%
ONB
Higher net margin
ONB
ONB
28.9% more per $
ONB
33.3%
4.4%
NVST
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
9.7%
NVST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NVST
NVST
ONB
ONB
Revenue
$750.6M
$702.8M
Net Profit
$32.9M
$233.7M
Gross Margin
54.7%
Operating Margin
9.8%
Net Margin
4.4%
33.3%
Revenue YoY
15.0%
0.6%
Net Profit YoY
2641.7%
61.5%
EPS (diluted)
$0.20

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
NVST
NVST
ONB
ONB
Q1 26
$702.8M
Q4 25
$750.6M
$580.8M
Q3 25
$669.9M
$574.6M
Q2 25
$682.1M
$514.8M
Q1 25
$616.9M
$387.6M
Q4 24
$652.9M
$394.2M
Q3 24
$601.0M
$391.7M
Q2 24
$633.1M
$388.4M
Net Profit
NVST
NVST
ONB
ONB
Q1 26
$233.7M
Q4 25
$32.9M
$216.6M
Q3 25
$-30.3M
$182.6M
Q2 25
$26.4M
$125.4M
Q1 25
$18.0M
$144.7M
Q4 24
$1.2M
$153.9M
Q3 24
$8.2M
$143.8M
Q2 24
$-1.2B
$121.2M
Gross Margin
NVST
NVST
ONB
ONB
Q1 26
Q4 25
54.7%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
Q3 24
52.8%
Q2 24
51.6%
Operating Margin
NVST
NVST
ONB
ONB
Q1 26
Q4 25
9.8%
46.7%
Q3 25
8.6%
40.5%
Q2 25
6.8%
30.2%
Q1 25
6.3%
46.8%
Q4 24
7.1%
47.2%
Q3 24
3.5%
47.2%
Q2 24
-182.2%
40.3%
Net Margin
NVST
NVST
ONB
ONB
Q1 26
33.3%
Q4 25
4.4%
37.3%
Q3 25
-4.5%
31.8%
Q2 25
3.9%
24.4%
Q1 25
2.9%
37.3%
Q4 24
0.2%
39.0%
Q3 24
1.4%
36.7%
Q2 24
-181.9%
31.2%
EPS (diluted)
NVST
NVST
ONB
ONB
Q1 26
Q4 25
$0.20
$0.55
Q3 25
$-0.18
$0.46
Q2 25
$0.16
$0.34
Q1 25
$0.10
$0.44
Q4 24
$0.00
$0.47
Q3 24
$0.05
$0.44
Q2 24
$-6.69
$0.37

Balance Sheet & Financial Strength

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

Metric
NVST
NVST
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
$8.5B
Total Assets
$5.7B
$73.0B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVST
NVST
ONB
ONB
Q1 26
Q4 25
$1.2B
$1.8B
Q3 25
$1.1B
$1.7B
Q2 25
$1.1B
$1.8B
Q1 25
$1.1B
$1.2B
Q4 24
$1.1B
$1.2B
Q3 24
$991.3M
$1.2B
Q2 24
$1.0B
$1.2B
Total Debt
NVST
NVST
ONB
ONB
Q1 26
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Stockholders' Equity
NVST
NVST
ONB
ONB
Q1 26
$8.5B
Q4 25
$3.1B
$8.5B
Q3 25
$3.1B
$8.3B
Q2 25
$3.1B
$8.1B
Q1 25
$3.0B
$6.5B
Q4 24
$2.9B
$6.3B
Q3 24
$3.1B
$6.4B
Q2 24
$3.0B
$6.1B
Total Assets
NVST
NVST
ONB
ONB
Q1 26
$73.0B
Q4 25
$5.7B
$72.2B
Q3 25
$5.6B
$71.2B
Q2 25
$5.7B
$71.0B
Q1 25
$5.5B
$53.9B
Q4 24
$5.4B
$53.6B
Q3 24
$5.5B
$53.6B
Q2 24
$5.4B
$53.1B
Debt / Equity
NVST
NVST
ONB
ONB
Q1 26
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.48×
Q3 24
0.46×
Q2 24
0.51×

Cash Flow & Capital Efficiency

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

Metric
NVST
NVST
ONB
ONB
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVST
NVST
ONB
ONB
Q1 26
Q4 25
$108.0M
$159.2M
Q3 25
$78.7M
$341.2M
Q2 25
$88.7M
$72.9M
Q1 25
$300.0K
$108.2M
Q4 24
$132.4M
$235.8M
Q3 24
$70.7M
$121.3M
Q2 24
$93.1M
$161.0M
Free Cash Flow
NVST
NVST
ONB
ONB
Q1 26
Q4 25
$91.7M
$137.3M
Q3 25
$67.9M
$333.6M
Q2 25
$76.4M
$64.1M
Q1 25
$-5.6M
$102.4M
Q4 24
$123.8M
$229.0M
Q3 24
$63.3M
$115.7M
Q2 24
$86.3M
$151.6M
FCF Margin
NVST
NVST
ONB
ONB
Q1 26
Q4 25
12.2%
23.6%
Q3 25
10.1%
58.1%
Q2 25
11.2%
12.4%
Q1 25
-0.9%
26.4%
Q4 24
19.0%
58.1%
Q3 24
10.5%
29.5%
Q2 24
13.6%
39.0%
Capex Intensity
NVST
NVST
ONB
ONB
Q1 26
Q4 25
2.2%
3.8%
Q3 25
1.6%
1.3%
Q2 25
1.8%
1.7%
Q1 25
1.0%
1.5%
Q4 24
1.3%
1.7%
Q3 24
1.2%
1.4%
Q2 24
1.1%
2.4%
Cash Conversion
NVST
NVST
ONB
ONB
Q1 26
Q4 25
3.28×
0.73×
Q3 25
1.87×
Q2 25
3.36×
0.58×
Q1 25
0.02×
0.75×
Q4 24
110.33×
1.53×
Q3 24
8.62×
0.84×
Q2 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

ONB
ONB

Segment breakdown not available.

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