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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Waldencast plc (WALD). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $108.8M, roughly 1.5× Waldencast plc). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -55.7%, a 81.0% gap on every dollar of revenue. On growth, Waldencast plc posted the faster year-over-year revenue change (17.8% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-13.9M).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

Waldencast plc is a global multi-brand platform focused on acquiring, developing and scaling high-growth premium niche brands across the beauty, personal care and wellness sectors. It operates primarily across North America and European markets, with core offerings including clean skincare, haircare, color cosmetics and wellness products targeted at quality-focused consumers.

PRK vs WALD — Head-to-Head

Bigger by revenue
PRK
PRK
1.5× larger
PRK
$168.3M
$108.8M
WALD
Growing faster (revenue YoY)
WALD
WALD
+15.6% gap
WALD
17.8%
2.2%
PRK
Higher net margin
PRK
PRK
81.0% more per $
PRK
25.3%
-55.7%
WALD
More free cash flow
PRK
PRK
$205.8M more FCF
PRK
$191.9M
$-13.9M
WALD

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
PRK
PRK
WALD
WALD
Revenue
$168.3M
$108.8M
Net Profit
$42.6M
$-60.6M
Gross Margin
67.5%
Operating Margin
-42.9%
Net Margin
25.3%
-55.7%
Revenue YoY
2.2%
17.8%
Net Profit YoY
10.4%
EPS (diluted)
$2.62
$-0.65

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
PRK
PRK
WALD
WALD
Q4 25
$168.3M
Q3 25
$169.5M
Q2 25
$168.7M
Q1 25
$157.9M
Q4 24
$164.7M
Q3 24
$170.3M
Q2 24
$157.7M
Q1 24
$152.8M
Net Profit
PRK
PRK
WALD
WALD
Q4 25
$42.6M
Q3 25
$47.2M
Q2 25
$48.1M
Q1 25
$42.2M
Q4 24
$38.6M
Q3 24
$38.2M
Q2 24
$39.4M
Q1 24
$35.2M
Operating Margin
PRK
PRK
WALD
WALD
Q4 25
Q3 25
34.3%
Q2 25
35.2%
Q1 25
32.4%
Q4 24
Q3 24
27.4%
Q2 24
30.6%
Q1 24
27.8%
Net Margin
PRK
PRK
WALD
WALD
Q4 25
25.3%
Q3 25
27.8%
Q2 25
28.5%
Q1 25
26.7%
Q4 24
23.5%
Q3 24
22.4%
Q2 24
25.0%
Q1 24
23.0%
EPS (diluted)
PRK
PRK
WALD
WALD
Q4 25
$2.62
Q3 25
$2.92
Q2 25
$2.97
Q1 25
$2.60
Q4 24
$2.38
Q3 24
$2.35
Q2 24
$2.42
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
WALD
WALD
Cash + ST InvestmentsLiquidity on hand
$233.5M
$21.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$624.6M
Total Assets
$9.8B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
WALD
WALD
Q4 25
$233.5M
Q3 25
$218.9M
Q2 25
$193.1M
Q1 25
$237.6M
Q4 24
$160.6M
Q3 24
$201.7M
Q2 24
$261.5M
Q1 24
$306.1M
Stockholders' Equity
PRK
PRK
WALD
WALD
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
PRK
PRK
WALD
WALD
Q4 25
$9.8B
Q3 25
$9.9B
Q2 25
$9.9B
Q1 25
$9.9B
Q4 24
$9.8B
Q3 24
$9.9B
Q2 24
$9.9B
Q1 24
$9.9B

Cash Flow & Capital Efficiency

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

Metric
PRK
PRK
WALD
WALD
Operating Cash FlowLast quarter
$198.3M
$-13.4M
Free Cash FlowOCF − Capex
$191.9M
$-13.9M
FCF MarginFCF / Revenue
114.1%
-12.7%
Capex IntensityCapex / Revenue
3.8%
0.4%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
WALD
WALD
Q4 25
$198.3M
Q3 25
$52.6M
Q2 25
$49.7M
Q1 25
$37.9M
Q4 24
$178.8M
Q3 24
$43.8M
Q2 24
$50.9M
Q1 24
$35.0M
Free Cash Flow
PRK
PRK
WALD
WALD
Q4 25
$191.9M
Q3 25
$51.1M
Q2 25
$48.4M
Q1 25
$36.8M
Q4 24
$169.7M
Q3 24
$41.7M
Q2 24
$49.0M
Q1 24
$31.9M
FCF Margin
PRK
PRK
WALD
WALD
Q4 25
114.1%
Q3 25
30.1%
Q2 25
28.7%
Q1 25
23.3%
Q4 24
103.0%
Q3 24
24.5%
Q2 24
31.1%
Q1 24
20.8%
Capex Intensity
PRK
PRK
WALD
WALD
Q4 25
3.8%
Q3 25
0.9%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
5.6%
Q3 24
1.2%
Q2 24
1.2%
Q1 24
2.1%
Cash Conversion
PRK
PRK
WALD
WALD
Q4 25
4.65×
Q3 25
1.11×
Q2 25
1.03×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
1.29×
Q1 24
0.99×

Financial Flow Comparison

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

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