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Side-by-side financial comparison of Orthofix Medical Inc. (OFIX) and WD 40 CO (WDFC). Click either name above to swap in a different company.

Orthofix Medical Inc. is the larger business by last-quarter revenue ($219.9M vs $154.4M, roughly 1.4× WD 40 CO). WD 40 CO runs the higher net margin — 11.3% vs -1.0%, a 12.3% gap on every dollar of revenue. On growth, Orthofix Medical Inc. posted the faster year-over-year revenue change (2.0% vs 0.6%). Orthofix Medical Inc. produced more free cash flow last quarter ($16.8M vs $9.1M). Over the past eight quarters, Orthofix Medical Inc.'s revenue compounded faster (8.0% CAGR vs 5.4%).

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

WD-40 Company is a global consumer and industrial goods manufacturer best known for its signature multi-purpose lubricant of the same name. Its product portfolio includes cleaners, degreasers, rust removers and specialty lubricants, serving retail, industrial and automotive markets across more than 170 countries and regions worldwide.

OFIX vs WDFC — Head-to-Head

Bigger by revenue
OFIX
OFIX
1.4× larger
OFIX
$219.9M
$154.4M
WDFC
Growing faster (revenue YoY)
OFIX
OFIX
+1.4% gap
OFIX
2.0%
0.6%
WDFC
Higher net margin
WDFC
WDFC
12.3% more per $
WDFC
11.3%
-1.0%
OFIX
More free cash flow
OFIX
OFIX
$7.8M more FCF
OFIX
$16.8M
$9.1M
WDFC
Faster 2-yr revenue CAGR
OFIX
OFIX
Annualised
OFIX
8.0%
5.4%
WDFC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OFIX
OFIX
WDFC
WDFC
Revenue
$219.9M
$154.4M
Net Profit
$-2.2M
$17.5M
Gross Margin
71.1%
56.2%
Operating Margin
0.2%
15.1%
Net Margin
-1.0%
11.3%
Revenue YoY
2.0%
0.6%
Net Profit YoY
92.4%
-7.8%
EPS (diluted)
$-0.05
$1.28

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
OFIX
OFIX
WDFC
WDFC
Q4 25
$219.9M
$154.4M
Q3 25
$205.6M
$163.5M
Q2 25
$203.1M
$156.9M
Q1 25
$193.6M
$146.1M
Q4 24
$215.7M
$153.5M
Q3 24
$196.6M
$156.0M
Q2 24
$198.6M
$155.0M
Q1 24
$188.6M
$139.1M
Net Profit
OFIX
OFIX
WDFC
WDFC
Q4 25
$-2.2M
$17.5M
Q3 25
$-22.8M
$21.2M
Q2 25
$-14.1M
$21.0M
Q1 25
$-53.1M
$29.9M
Q4 24
$-29.1M
$18.9M
Q3 24
$-27.4M
$16.8M
Q2 24
$-33.4M
$19.8M
Q1 24
$-36.0M
$15.5M
Gross Margin
OFIX
OFIX
WDFC
WDFC
Q4 25
71.1%
56.2%
Q3 25
72.2%
54.7%
Q2 25
68.7%
56.2%
Q1 25
62.8%
54.6%
Q4 24
69.0%
54.8%
Q3 24
68.7%
54.1%
Q2 24
67.8%
53.1%
Q1 24
67.5%
52.4%
Operating Margin
OFIX
OFIX
WDFC
WDFC
Q4 25
0.2%
15.1%
Q3 25
-8.3%
17.1%
Q2 25
-7.9%
17.4%
Q1 25
-25.2%
15.9%
Q4 24
-5.3%
16.4%
Q3 24
-9.6%
15.4%
Q2 24
-12.5%
17.5%
Q1 24
-15.6%
15.1%
Net Margin
OFIX
OFIX
WDFC
WDFC
Q4 25
-1.0%
11.3%
Q3 25
-11.1%
13.0%
Q2 25
-6.9%
13.4%
Q1 25
-27.4%
20.4%
Q4 24
-13.5%
12.3%
Q3 24
-13.9%
10.8%
Q2 24
-16.8%
12.8%
Q1 24
-19.1%
11.2%
EPS (diluted)
OFIX
OFIX
WDFC
WDFC
Q4 25
$-0.05
$1.28
Q3 25
$-0.57
$1.57
Q2 25
$-0.36
$1.54
Q1 25
$-1.35
$2.19
Q4 24
$-0.76
$1.39
Q3 24
$-0.71
$1.23
Q2 24
$-0.88
$1.46
Q1 24
$-0.95
$1.14

Balance Sheet & Financial Strength

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

Metric
OFIX
OFIX
WDFC
WDFC
Cash + ST InvestmentsLiquidity on hand
$82.0M
$48.6M
Total DebtLower is stronger
$85.7M
Stockholders' EquityBook value
$450.0M
$264.1M
Total Assets
$850.6M
$459.7M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OFIX
OFIX
WDFC
WDFC
Q4 25
$82.0M
$48.6M
Q3 25
$62.9M
$58.1M
Q2 25
$65.6M
$51.7M
Q1 25
$58.0M
$53.0M
Q4 24
$83.2M
$54.9M
Q3 24
$30.1M
$46.7M
Q2 24
$26.4M
$45.3M
Q1 24
$27.0M
$55.4M
Total Debt
OFIX
OFIX
WDFC
WDFC
Q4 25
$85.7M
Q3 25
$157.2M
$86.2M
Q2 25
$157.0M
$85.6M
Q1 25
$156.9M
$84.4M
Q4 24
$157.0M
$84.6M
Q3 24
$118.5M
$86.0M
Q2 24
$118.0M
$85.5M
Q1 24
$118.2M
$85.9M
Stockholders' Equity
OFIX
OFIX
WDFC
WDFC
Q4 25
$450.0M
$264.1M
Q3 25
$442.5M
$268.2M
Q2 25
$458.3M
$257.1M
Q1 25
$458.3M
$242.1M
Q4 24
$503.1M
$226.3M
Q3 24
$525.9M
$230.5M
Q2 24
$546.0M
$222.2M
Q1 24
$570.3M
$216.3M
Total Assets
OFIX
OFIX
WDFC
WDFC
Q4 25
$850.6M
$459.7M
Q3 25
$832.6M
$475.8M
Q2 25
$837.2M
$456.0M
Q1 25
$823.1M
$458.3M
Q4 24
$893.3M
$447.3M
Q3 24
$867.9M
$449.0M
Q2 24
$882.0M
$443.6M
Q1 24
$906.0M
$442.0M
Debt / Equity
OFIX
OFIX
WDFC
WDFC
Q4 25
0.32×
Q3 25
0.36×
0.32×
Q2 25
0.34×
0.33×
Q1 25
0.34×
0.35×
Q4 24
0.31×
0.37×
Q3 24
0.23×
0.37×
Q2 24
0.22×
0.38×
Q1 24
0.21×
0.40×

Cash Flow & Capital Efficiency

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

Metric
OFIX
OFIX
WDFC
WDFC
Operating Cash FlowLast quarter
$27.7M
$10.0M
Free Cash FlowOCF − Capex
$16.8M
$9.1M
FCF MarginFCF / Revenue
7.6%
5.9%
Capex IntensityCapex / Revenue
4.9%
0.6%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters
$-1.3M
$78.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OFIX
OFIX
WDFC
WDFC
Q4 25
$27.7M
$10.0M
Q3 25
$12.4M
$29.9M
Q2 25
$11.6M
$35.1M
Q1 25
$-18.4M
$8.0M
Q4 24
$23.7M
$14.9M
Q3 24
$11.7M
$27.2M
Q2 24
$9.0M
$19.9M
Q1 24
$-18.6M
$18.0M
Free Cash Flow
OFIX
OFIX
WDFC
WDFC
Q4 25
$16.8M
$9.1M
Q3 25
$2.5M
$28.6M
Q2 25
$4.5M
$34.0M
Q1 25
$-25.1M
$6.6M
Q4 24
$15.2M
$14.2M
Q3 24
$6.3M
$26.4M
Q2 24
$-360.0K
$18.7M
Q1 24
$-29.1M
$16.7M
FCF Margin
OFIX
OFIX
WDFC
WDFC
Q4 25
7.6%
5.9%
Q3 25
1.2%
17.5%
Q2 25
2.2%
21.6%
Q1 25
-13.0%
4.5%
Q4 24
7.0%
9.3%
Q3 24
3.2%
16.9%
Q2 24
-0.2%
12.0%
Q1 24
-15.4%
12.0%
Capex Intensity
OFIX
OFIX
WDFC
WDFC
Q4 25
4.9%
0.6%
Q3 25
4.8%
0.8%
Q2 25
3.5%
0.7%
Q1 25
3.5%
0.9%
Q4 24
4.0%
0.5%
Q3 24
2.7%
0.5%
Q2 24
4.7%
0.8%
Q1 24
5.6%
0.9%
Cash Conversion
OFIX
OFIX
WDFC
WDFC
Q4 25
0.57×
Q3 25
1.41×
Q2 25
1.67×
Q1 25
0.27×
Q4 24
0.79×
Q3 24
1.62×
Q2 24
1.00×
Q1 24
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

WDFC
WDFC

Other$82.6M53%
WD40Multi Use Product$56.0M36%
WD40Specialist$9.0M6%
Other Maintenance Products$4.0M3%
Homecare And Cleaning Products$2.7M2%

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