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Side-by-side financial comparison of Envista Holdings Corp (NVST) and SPIRE INC (SR). Click either name above to swap in a different company.

SPIRE INC is the larger business by last-quarter revenue ($762.2M vs $705.5M, roughly 1.1× Envista Holdings Corp). SPIRE INC runs the higher net margin — 12.5% vs 5.5%, a 6.9% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (14.4% vs 13.9%). Envista Holdings Corp produced more free cash flow last quarter ($-15.7M vs $-121.8M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (5.6% CAGR vs -17.8%).

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.

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corpo...

NVST vs SR — Head-to-Head

Bigger by revenue
SR
SR
1.1× larger
SR
$762.2M
$705.5M
NVST
Growing faster (revenue YoY)
NVST
NVST
+0.4% gap
NVST
14.4%
13.9%
SR
Higher net margin
SR
SR
6.9% more per $
SR
12.5%
5.5%
NVST
More free cash flow
NVST
NVST
$106.1M more FCF
NVST
$-15.7M
$-121.8M
SR
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
5.6%
-17.8%
SR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NVST
NVST
SR
SR
Revenue
$705.5M
$762.2M
Net Profit
$39.0M
$95.0M
Gross Margin
55.3%
55.1%
Operating Margin
8.9%
22.8%
Net Margin
5.5%
12.5%
Revenue YoY
14.4%
13.9%
Net Profit YoY
116.7%
16.9%
EPS (diluted)
$0.23
$1.54

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
SR
SR
Q1 26
$705.5M
Q4 25
$750.6M
$762.2M
Q3 25
$669.9M
$334.1M
Q2 25
$682.1M
$421.9M
Q1 25
$616.9M
$1.1B
Q4 24
$652.9M
$669.1M
Q3 24
$601.0M
$293.8M
Q2 24
$633.1M
$414.1M
Net Profit
NVST
NVST
SR
SR
Q1 26
$39.0M
Q4 25
$32.9M
$95.0M
Q3 25
$-30.3M
$-39.8M
Q2 25
$26.4M
$20.9M
Q1 25
$18.0M
$209.3M
Q4 24
$1.2M
$81.3M
Q3 24
$8.2M
$-25.9M
Q2 24
$-1.2B
$-12.6M
Gross Margin
NVST
NVST
SR
SR
Q1 26
55.3%
Q4 25
54.7%
55.1%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
55.6%
Q3 24
52.8%
Q2 24
51.6%
Operating Margin
NVST
NVST
SR
SR
Q1 26
8.9%
Q4 25
9.8%
22.8%
Q3 25
8.6%
-0.1%
Q2 25
6.8%
16.4%
Q1 25
6.3%
29.1%
Q4 24
7.1%
22.2%
Q3 24
3.5%
6.7%
Q2 24
-182.2%
7.4%
Net Margin
NVST
NVST
SR
SR
Q1 26
5.5%
Q4 25
4.4%
12.5%
Q3 25
-4.5%
-11.9%
Q2 25
3.9%
5.0%
Q1 25
2.9%
19.9%
Q4 24
0.2%
12.2%
Q3 24
1.4%
-8.8%
Q2 24
-181.9%
-3.0%
EPS (diluted)
NVST
NVST
SR
SR
Q1 26
$0.23
Q4 25
$0.20
$1.54
Q3 25
$-0.18
$-0.77
Q2 25
$0.16
$0.29
Q1 25
$0.10
$3.51
Q4 24
$0.00
$1.34
Q3 24
$0.05
$-0.63
Q2 24
$-6.69
$-0.28

Balance Sheet & Financial Strength

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

Metric
NVST
NVST
SR
SR
Cash + ST InvestmentsLiquidity on hand
$1.1B
$4.1M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
$3.4B
Total Assets
$5.6B
$11.9B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVST
NVST
SR
SR
Q1 26
$1.1B
Q4 25
$1.2B
$4.1M
Q3 25
$1.1B
$5.7M
Q2 25
$1.1B
$13.1M
Q1 25
$1.1B
$15.2M
Q4 24
$1.1B
$11.5M
Q3 24
$991.3M
$4.5M
Q2 24
$1.0B
$7.4M
Total Debt
NVST
NVST
SR
SR
Q1 26
$1.4B
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
SR
SR
Q1 26
$3.1B
Q4 25
$3.1B
$3.4B
Q3 25
$3.1B
$3.4B
Q2 25
$3.1B
$3.5B
Q1 25
$3.0B
$3.5B
Q4 24
$2.9B
$3.3B
Q3 24
$3.1B
$3.2B
Q2 24
$3.0B
$3.3B
Total Assets
NVST
NVST
SR
SR
Q1 26
$5.6B
Q4 25
$5.7B
$11.9B
Q3 25
$5.6B
$11.6B
Q2 25
$5.7B
$11.4B
Q1 25
$5.5B
$11.3B
Q4 24
$5.4B
$11.3B
Q3 24
$5.5B
$10.9B
Q2 24
$5.4B
$10.7B
Debt / Equity
NVST
NVST
SR
SR
Q1 26
0.47×
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
SR
SR
Operating Cash FlowLast quarter
$81.0M
Free Cash FlowOCF − Capex
$-15.7M
$-121.8M
FCF MarginFCF / Revenue
-2.2%
-16.0%
Capex IntensityCapex / Revenue
1.8%
26.6%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$220.3M
$-286.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVST
NVST
SR
SR
Q1 26
Q4 25
$108.0M
$81.0M
Q3 25
$78.7M
$-4.9M
Q2 25
$88.7M
$129.1M
Q1 25
$300.0K
$372.7M
Q4 24
$132.4M
$81.1M
Q3 24
$70.7M
$82.9M
Q2 24
$93.1M
$270.1M
Free Cash Flow
NVST
NVST
SR
SR
Q1 26
$-15.7M
Q4 25
$91.7M
$-121.8M
Q3 25
$67.9M
$-227.6M
Q2 25
$76.4M
$-91.4M
Q1 25
$-5.6M
$154.1M
Q4 24
$123.8M
$-179.5M
Q3 24
$63.3M
$-146.9M
Q2 24
$86.3M
$47.9M
FCF Margin
NVST
NVST
SR
SR
Q1 26
-2.2%
Q4 25
12.2%
-16.0%
Q3 25
10.1%
-68.1%
Q2 25
11.2%
-21.7%
Q1 25
-0.9%
14.7%
Q4 24
19.0%
-26.8%
Q3 24
10.5%
-50.0%
Q2 24
13.6%
11.6%
Capex Intensity
NVST
NVST
SR
SR
Q1 26
1.8%
Q4 25
2.2%
26.6%
Q3 25
1.6%
66.7%
Q2 25
1.8%
52.3%
Q1 25
1.0%
20.8%
Q4 24
1.3%
38.9%
Q3 24
1.2%
78.2%
Q2 24
1.1%
53.7%
Cash Conversion
NVST
NVST
SR
SR
Q1 26
Q4 25
3.28×
0.85×
Q3 25
Q2 25
3.36×
6.18×
Q1 25
0.02×
1.78×
Q4 24
110.33×
1.00×
Q3 24
8.62×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVST
NVST

Segment breakdown not available.

SR
SR

Residential$474.9M62%
Commercial And Industrial$148.4M19%
Gas Marketing$41.1M5%
Midstream$39.0M5%
Transportation$37.1M5%
Offsystem And Other Inventive$19.7M3%
Other Customer Revenue$4.6M1%

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