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Side-by-side financial comparison of Envista Holdings Corp (NVST) and PennyMac Financial Services, Inc. (PFSI). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $538.0M, roughly 1.4× PennyMac Financial Services, Inc.). PennyMac Financial Services, Inc. runs the higher net margin — 1752.5% vs 4.4%, a 1748.1% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 14.4%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $-1.7B). Over the past eight quarters, PennyMac Financial Services, Inc.'s revenue compounded faster (32.7% 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.

PennyMac Financial Services, Inc. is an American residential mortgage company headquartered in Westlake Village, California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Pennymac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC. The latter manages the PennyMac Mortgage Investment Trust, a mortgage REIT.

NVST vs PFSI — Head-to-Head

Bigger by revenue
NVST
NVST
1.4× larger
NVST
$750.6M
$538.0M
PFSI
Growing faster (revenue YoY)
NVST
NVST
+0.5% gap
NVST
15.0%
14.4%
PFSI
Higher net margin
PFSI
PFSI
1748.1% more per $
PFSI
1752.5%
4.4%
NVST
More free cash flow
NVST
NVST
$1.8B more FCF
NVST
$91.7M
$-1.7B
PFSI
Faster 2-yr revenue CAGR
PFSI
PFSI
Annualised
PFSI
32.7%
9.7%
NVST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NVST
NVST
PFSI
PFSI
Revenue
$750.6M
$538.0M
Net Profit
$32.9M
$106.8M
Gross Margin
54.7%
Operating Margin
9.8%
25.0%
Net Margin
4.4%
1752.5%
Revenue YoY
15.0%
14.4%
Net Profit YoY
2641.7%
2.2%
EPS (diluted)
$0.20
$1.97

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
PFSI
PFSI
Q4 25
$750.6M
$538.0M
Q3 25
$669.9M
$632.9M
Q2 25
$682.1M
$444.7M
Q1 25
$616.9M
$430.9M
Q4 24
$652.9M
$470.1M
Q3 24
$601.0M
$411.8M
Q2 24
$633.1M
$406.1M
Q1 24
$623.6M
$305.7M
Net Profit
NVST
NVST
PFSI
PFSI
Q4 25
$32.9M
$106.8M
Q3 25
$-30.3M
$181.5M
Q2 25
$26.4M
$136.5M
Q1 25
$18.0M
$76.3M
Q4 24
$1.2M
$104.5M
Q3 24
$8.2M
$69.4M
Q2 24
$-1.2B
$98.3M
Q1 24
$23.6M
$39.3M
Gross Margin
NVST
NVST
PFSI
PFSI
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%
Q1 24
57.1%
Operating Margin
NVST
NVST
PFSI
PFSI
Q4 25
9.8%
25.0%
Q3 25
8.6%
37.3%
Q2 25
6.8%
17.2%
Q1 25
6.3%
24.2%
Q4 24
7.1%
27.5%
Q3 24
3.5%
22.8%
Q2 24
-182.2%
33.0%
Q1 24
7.7%
14.4%
Net Margin
NVST
NVST
PFSI
PFSI
Q4 25
4.4%
1752.5%
Q3 25
-4.5%
28.7%
Q2 25
3.9%
30.7%
Q1 25
2.9%
17.7%
Q4 24
0.2%
2559.8%
Q3 24
1.4%
16.8%
Q2 24
-181.9%
24.2%
Q1 24
3.8%
12.9%
EPS (diluted)
NVST
NVST
PFSI
PFSI
Q4 25
$0.20
$1.97
Q3 25
$-0.18
$3.37
Q2 25
$0.16
$2.54
Q1 25
$0.10
$1.42
Q4 24
$0.00
$1.95
Q3 24
$0.05
$1.30
Q2 24
$-6.69
$1.85
Q1 24
$0.14
$0.74

Balance Sheet & Financial Strength

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

Metric
NVST
NVST
PFSI
PFSI
Cash + ST InvestmentsLiquidity on hand
$1.2B
$410.0M
Total DebtLower is stronger
$1.4B
$6.2B
Stockholders' EquityBook value
$3.1B
$4.3B
Total Assets
$5.7B
$29.4B
Debt / EquityLower = less leverage
0.47×
1.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVST
NVST
PFSI
PFSI
Q4 25
$1.2B
$410.0M
Q3 25
$1.1B
$62.2M
Q2 25
$1.1B
$462.3M
Q1 25
$1.1B
$443.4M
Q4 24
$1.1B
$420.6M
Q3 24
$991.3M
$667.9M
Q2 24
$1.0B
$188.8M
Q1 24
$948.5M
$69.0K
Total Debt
NVST
NVST
PFSI
PFSI
Q4 25
$1.4B
$6.2B
Q3 25
$1.4B
$6.2B
Q2 25
$1.4B
$5.6B
Q1 25
$1.4B
$5.8B
Q4 24
$1.4B
$5.3B
Q3 24
$1.4B
$4.9B
Q2 24
$1.5B
$4.9B
Q1 24
$1.5B
$4.5B
Stockholders' Equity
NVST
NVST
PFSI
PFSI
Q4 25
$3.1B
$4.3B
Q3 25
$3.1B
$4.2B
Q2 25
$3.1B
$4.0B
Q1 25
$3.0B
$3.9B
Q4 24
$2.9B
$3.8B
Q3 24
$3.1B
$3.7B
Q2 24
$3.0B
$3.7B
Q1 24
$4.1B
$3.6B
Total Assets
NVST
NVST
PFSI
PFSI
Q4 25
$5.7B
$29.4B
Q3 25
$5.6B
$25.4B
Q2 25
$5.7B
$24.2B
Q1 25
$5.5B
$23.9B
Q4 24
$5.4B
$26.1B
Q3 24
$5.5B
$22.9B
Q2 24
$5.4B
$21.6B
Q1 24
$6.6B
$19.8B
Debt / Equity
NVST
NVST
PFSI
PFSI
Q4 25
0.47×
1.45×
Q3 25
0.47×
1.48×
Q2 25
0.46×
1.38×
Q1 25
0.47×
1.48×
Q4 24
0.48×
1.37×
Q3 24
0.46×
1.32×
Q2 24
0.51×
1.35×
Q1 24
0.36×
1.27×

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
PFSI
PFSI
Operating Cash FlowLast quarter
$108.0M
$-1.7B
Free Cash FlowOCF − Capex
$91.7M
$-1.7B
FCF MarginFCF / Revenue
12.2%
-309.3%
Capex IntensityCapex / Revenue
2.2%
2.2%
Cash ConversionOCF / Net Profit
3.28×
-15.46×
TTM Free Cash FlowTrailing 4 quarters
$230.4M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVST
NVST
PFSI
PFSI
Q4 25
$108.0M
$-1.7B
Q3 25
$78.7M
$-697.4M
Q2 25
$88.7M
$-131.3M
Q1 25
$300.0K
$1.1B
Q4 24
$132.4M
$-4.5B
Q3 24
$70.7M
$-393.7M
Q2 24
$93.1M
$-1.1B
Q1 24
$40.3M
$-897.9M
Free Cash Flow
NVST
NVST
PFSI
PFSI
Q4 25
$91.7M
$-1.7B
Q3 25
$67.9M
$-699.4M
Q2 25
$76.4M
$-132.6M
Q1 25
$-5.6M
$1.1B
Q4 24
$123.8M
$-4.5B
Q3 24
$63.3M
$-393.9M
Q2 24
$86.3M
$-1.1B
Q1 24
$29.3M
$-898.9M
FCF Margin
NVST
NVST
PFSI
PFSI
Q4 25
12.2%
-309.3%
Q3 25
10.1%
-110.5%
Q2 25
11.2%
-29.8%
Q1 25
-0.9%
247.3%
Q4 24
19.0%
-964.7%
Q3 24
10.5%
-95.6%
Q2 24
13.6%
-269.2%
Q1 24
4.7%
-294.1%
Capex Intensity
NVST
NVST
PFSI
PFSI
Q4 25
2.2%
2.2%
Q3 25
1.6%
0.3%
Q2 25
1.8%
0.3%
Q1 25
1.0%
0.1%
Q4 24
1.3%
0.4%
Q3 24
1.2%
0.0%
Q2 24
1.1%
0.1%
Q1 24
1.8%
0.3%
Cash Conversion
NVST
NVST
PFSI
PFSI
Q4 25
3.28×
-15.46×
Q3 25
-3.84×
Q2 25
3.36×
-0.96×
Q1 25
0.02×
13.97×
Q4 24
110.33×
-43.39×
Q3 24
8.62×
-5.68×
Q2 24
-11.12×
Q1 24
1.71×
-22.84×

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%

PFSI
PFSI

Segment breakdown not available.

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