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Side-by-side financial comparison of NEWELL BRANDS INC. (NWL) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

NEWELL BRANDS INC. is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.5× Qnity Electronics, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs -16.6%, a 33.1% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs -2.7%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $91.0M).

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

NWL vs Q — Head-to-Head

Bigger by revenue
NWL
NWL
1.5× larger
NWL
$1.9B
$1.3B
Q
Growing faster (revenue YoY)
Q
Q
+13.8% gap
Q
11.1%
-2.7%
NWL
Higher net margin
Q
Q
33.1% more per $
Q
16.5%
-16.6%
NWL
More free cash flow
Q
Q
$477.0M more FCF
Q
$568.0M
$91.0M
NWL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NWL
NWL
Q
Q
Revenue
$1.9B
$1.3B
Net Profit
$-315.0M
$211.0M
Gross Margin
33.1%
45.1%
Operating Margin
-14.3%
21.3%
Net Margin
-16.6%
16.5%
Revenue YoY
-2.7%
11.1%
Net Profit YoY
-483.3%
6.0%
EPS (diluted)
$-0.75
$1.01

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
NWL
NWL
Q
Q
Q4 25
$1.9B
Q3 25
$1.8B
$1.3B
Q2 25
$1.9B
Q1 25
$1.6B
Q4 24
$1.9B
Q3 24
$1.9B
$1.1B
Q2 24
$2.0B
Q1 24
$1.7B
Net Profit
NWL
NWL
Q
Q
Q4 25
$-315.0M
Q3 25
$21.0M
$211.0M
Q2 25
$46.0M
Q1 25
$-37.0M
Q4 24
$-54.0M
Q3 24
$-198.0M
$199.0M
Q2 24
$45.0M
Q1 24
$-9.0M
Gross Margin
NWL
NWL
Q
Q
Q4 25
33.1%
Q3 25
34.1%
45.1%
Q2 25
35.4%
Q1 25
32.1%
Q4 24
34.2%
Q3 24
34.9%
47.0%
Q2 24
34.4%
Q1 24
30.5%
Operating Margin
NWL
NWL
Q
Q
Q4 25
-14.3%
Q3 25
6.6%
21.3%
Q2 25
8.8%
Q1 25
1.3%
Q4 24
0.5%
Q3 24
-6.2%
21.8%
Q2 24
8.0%
Q1 24
1.0%
Net Margin
NWL
NWL
Q
Q
Q4 25
-16.6%
Q3 25
1.2%
16.5%
Q2 25
2.4%
Q1 25
-2.4%
Q4 24
-2.8%
Q3 24
-10.2%
17.3%
Q2 24
2.2%
Q1 24
-0.5%
EPS (diluted)
NWL
NWL
Q
Q
Q4 25
$-0.75
Q3 25
$0.05
$1.01
Q2 25
$0.11
Q1 25
$-0.09
Q4 24
$-0.13
Q3 24
$-0.48
$0.95
Q2 24
$0.11
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
NWL
NWL
Q
Q
Cash + ST InvestmentsLiquidity on hand
$203.0M
$128.0M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$2.4B
$9.1B
Total Assets
$10.7B
$12.5B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWL
NWL
Q
Q
Q4 25
$203.0M
Q3 25
$229.0M
$128.0M
Q2 25
$219.0M
Q1 25
$233.0M
Q4 24
$198.0M
Q3 24
$494.0M
Q2 24
$382.0M
Q1 24
$372.0M
Total Debt
NWL
NWL
Q
Q
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NWL
NWL
Q
Q
Q4 25
$2.4B
Q3 25
$2.7B
$9.1B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.8B
Q3 24
$2.9B
$11.1B
Q2 24
$3.1B
Q1 24
$3.1B
Total Assets
NWL
NWL
Q
Q
Q4 25
$10.7B
Q3 25
$11.3B
$12.5B
Q2 25
$11.5B
Q1 25
$11.3B
Q4 24
$11.0B
Q3 24
$11.8B
Q2 24
$12.0B
Q1 24
$12.1B
Debt / Equity
NWL
NWL
Q
Q
Q4 25
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
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
NWL
NWL
Q
Q
Operating Cash FlowLast quarter
$161.0M
$782.0M
Free Cash FlowOCF − Capex
$91.0M
$568.0M
FCF MarginFCF / Revenue
4.8%
44.5%
Capex IntensityCapex / Revenue
3.7%
16.8%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWL
NWL
Q
Q
Q4 25
$161.0M
Q3 25
$374.0M
$782.0M
Q2 25
$-58.0M
Q1 25
$-213.0M
Q4 24
$150.0M
Q3 24
$282.0M
Q2 24
$32.0M
Q1 24
$32.0M
Free Cash Flow
NWL
NWL
Q
Q
Q4 25
$91.0M
Q3 25
$315.0M
$568.0M
Q2 25
$-117.0M
Q1 25
$-272.0M
Q4 24
$54.0M
Q3 24
$231.0M
Q2 24
$-21.0M
Q1 24
$-27.0M
FCF Margin
NWL
NWL
Q
Q
Q4 25
4.8%
Q3 25
17.4%
44.5%
Q2 25
-6.0%
Q1 25
-17.4%
Q4 24
2.8%
Q3 24
11.9%
Q2 24
-1.0%
Q1 24
-1.6%
Capex Intensity
NWL
NWL
Q
Q
Q4 25
3.7%
Q3 25
3.3%
16.8%
Q2 25
3.0%
Q1 25
3.8%
Q4 24
4.9%
Q3 24
2.6%
Q2 24
2.6%
Q1 24
3.6%
Cash Conversion
NWL
NWL
Q
Q
Q4 25
Q3 25
17.81×
3.71×
Q2 25
-1.26×
Q1 25
Q4 24
Q3 24
Q2 24
0.71×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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