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Side-by-side financial comparison of OFG BANCORP (OFG) and TransMedics Group, Inc. (TMDX). Click either name above to swap in a different company.

OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $160.8M, roughly 1.1× TransMedics Group, Inc.). TransMedics Group, Inc. runs the higher net margin — 65.6% vs 30.3%, a 35.2% gap on every dollar of revenue. On growth, TransMedics Group, Inc. posted the faster year-over-year revenue change (32.2% vs 0.9%). OFG BANCORP produced more free cash flow last quarter ($199.3M vs $19.0M). Over the past eight quarters, TransMedics Group, Inc.'s revenue compounded faster (28.8% CAGR vs 2.8%).

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

TransMedics Group, Inc. develops and commercializes innovative medical technologies for organ transplantation. Its flagship Organ Care System keeps donor organs viable during transport, improving transplant outcomes for heart, lung, liver and kidney recipients. It serves transplant centers and organ procurement organizations across North America, Europe and Asia-Pacific.

OFG vs TMDX — Head-to-Head

Bigger by revenue
OFG
OFG
1.1× larger
OFG
$184.3M
$160.8M
TMDX
Growing faster (revenue YoY)
TMDX
TMDX
+31.3% gap
TMDX
32.2%
0.9%
OFG
Higher net margin
TMDX
TMDX
35.2% more per $
TMDX
65.6%
30.3%
OFG
More free cash flow
OFG
OFG
$180.3M more FCF
OFG
$199.3M
$19.0M
TMDX
Faster 2-yr revenue CAGR
TMDX
TMDX
Annualised
TMDX
28.8%
2.8%
OFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OFG
OFG
TMDX
TMDX
Revenue
$184.3M
$160.8M
Net Profit
$55.9M
$105.4M
Gross Margin
58.1%
Operating Margin
25.7%
13.2%
Net Margin
30.3%
65.6%
Revenue YoY
0.9%
32.2%
Net Profit YoY
11.0%
1436.9%
EPS (diluted)
$1.27
$2.59

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
OFG
OFG
TMDX
TMDX
Q4 25
$184.3M
$160.8M
Q3 25
$186.2M
$143.8M
Q2 25
$182.4M
$157.4M
Q1 25
$178.6M
$143.5M
Q4 24
$182.7M
$121.6M
Q3 24
$174.7M
$108.8M
Q2 24
$179.8M
$114.3M
Q1 24
$174.4M
$96.8M
Net Profit
OFG
OFG
TMDX
TMDX
Q4 25
$55.9M
$105.4M
Q3 25
$51.8M
$24.3M
Q2 25
$51.8M
$34.9M
Q1 25
$45.6M
$25.7M
Q4 24
$50.3M
$6.9M
Q3 24
$47.0M
$4.2M
Q2 24
$51.1M
$12.2M
Q1 24
$49.7M
$12.2M
Gross Margin
OFG
OFG
TMDX
TMDX
Q4 25
58.1%
Q3 25
58.8%
Q2 25
61.4%
Q1 25
61.5%
Q4 24
59.2%
Q3 24
55.9%
Q2 24
60.6%
Q1 24
61.9%
Operating Margin
OFG
OFG
TMDX
TMDX
Q4 25
25.7%
13.2%
Q3 25
33.0%
16.2%
Q2 25
36.1%
23.2%
Q1 25
33.3%
19.1%
Q4 24
28.9%
7.1%
Q3 24
35.4%
3.6%
Q2 24
39.6%
10.9%
Q1 24
38.9%
12.8%
Net Margin
OFG
OFG
TMDX
TMDX
Q4 25
30.3%
65.6%
Q3 25
27.8%
16.9%
Q2 25
28.4%
22.2%
Q1 25
25.5%
17.9%
Q4 24
27.6%
5.6%
Q3 24
26.9%
3.9%
Q2 24
28.4%
10.7%
Q1 24
28.5%
12.6%
EPS (diluted)
OFG
OFG
TMDX
TMDX
Q4 25
$1.27
$2.59
Q3 25
$1.16
$0.66
Q2 25
$1.15
$0.92
Q1 25
$1.00
$0.70
Q4 24
$1.10
$0.19
Q3 24
$1.00
$0.12
Q2 24
$1.08
$0.35
Q1 24
$1.05
$0.35

Balance Sheet & Financial Strength

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

Metric
OFG
OFG
TMDX
TMDX
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$473.1M
Total Assets
$12.5B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OFG
OFG
TMDX
TMDX
Q4 25
$1.0B
Q3 25
$740.3M
Q2 25
$851.8M
Q1 25
$710.6M
Q4 24
$591.1M
Q3 24
$680.6M
$330.1M
Q2 24
$740.4M
$362.8M
Q1 24
$754.4M
$350.2M
Stockholders' Equity
OFG
OFG
TMDX
TMDX
Q4 25
$1.4B
$473.1M
Q3 25
$1.4B
$355.2M
Q2 25
$1.3B
$318.1M
Q1 25
$1.3B
$266.3M
Q4 24
$1.3B
$228.6M
Q3 24
$1.3B
$209.9M
Q2 24
$1.2B
$189.9M
Q1 24
$1.2B
$159.5M
Total Assets
OFG
OFG
TMDX
TMDX
Q4 25
$12.5B
$1.1B
Q3 25
$12.2B
$946.0M
Q2 25
$12.2B
$890.5M
Q1 25
$11.7B
$837.5M
Q4 24
$11.5B
$804.1M
Q3 24
$11.5B
$785.6M
Q2 24
$11.3B
$758.6M
Q1 24
$11.2B
$723.8M

Cash Flow & Capital Efficiency

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

Metric
OFG
OFG
TMDX
TMDX
Operating Cash FlowLast quarter
$217.7M
$34.5M
Free Cash FlowOCF − Capex
$199.3M
$19.0M
FCF MarginFCF / Revenue
108.1%
11.8%
Capex IntensityCapex / Revenue
10.0%
9.7%
Cash ConversionOCF / Net Profit
3.90×
0.33×
TTM Free Cash FlowTrailing 4 quarters
$345.4M
$133.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OFG
OFG
TMDX
TMDX
Q4 25
$217.7M
$34.5M
Q3 25
$39.5M
$69.6M
Q2 25
$35.9M
$91.6M
Q1 25
$83.1M
$-2.9M
Q4 24
$252.5M
$19.7M
Q3 24
$58.1M
$6.9M
Q2 24
$95.1M
$25.7M
Q1 24
$61.0M
$-3.4M
Free Cash Flow
OFG
OFG
TMDX
TMDX
Q4 25
$199.3M
$19.0M
Q3 25
$35.5M
$61.9M
Q2 25
$31.8M
$82.5M
Q1 25
$78.7M
$-29.9M
Q4 24
$231.2M
$6.1M
Q3 24
$51.8M
$-41.3M
Q2 24
$90.4M
$2.0M
Q1 24
$54.8M
$-47.6M
FCF Margin
OFG
OFG
TMDX
TMDX
Q4 25
108.1%
11.8%
Q3 25
19.1%
43.1%
Q2 25
17.4%
52.4%
Q1 25
44.1%
-20.8%
Q4 24
126.5%
5.0%
Q3 24
29.6%
-38.0%
Q2 24
50.3%
1.7%
Q1 24
31.4%
-49.2%
Capex Intensity
OFG
OFG
TMDX
TMDX
Q4 25
10.0%
9.7%
Q3 25
2.1%
5.3%
Q2 25
2.3%
5.8%
Q1 25
2.4%
18.8%
Q4 24
11.7%
11.2%
Q3 24
3.6%
44.3%
Q2 24
2.6%
20.8%
Q1 24
3.5%
45.6%
Cash Conversion
OFG
OFG
TMDX
TMDX
Q4 25
3.90×
0.33×
Q3 25
0.76×
2.86×
Q2 25
0.69×
2.62×
Q1 25
1.82×
-0.11×
Q4 24
5.02×
2.87×
Q3 24
1.24×
1.63×
Q2 24
1.86×
2.11×
Q1 24
1.23×
-0.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OFG
OFG

Segment breakdown not available.

TMDX
TMDX

Liver Product$127.0M79%
Heart Product$26.0M16%
Other$5.9M4%
Lung Product$1.9M1%

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