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Side-by-side financial comparison of Qfin Holdings, Inc. (QFIN) and TreeHouse Foods, Inc. (THS). Click either name above to swap in a different company.

TreeHouse Foods, Inc. is the larger business by last-quarter revenue ($840.3M vs $731.2M, roughly 1.1× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs -31.6%, a 59.1% gap on every dollar of revenue. Over the past eight quarters, Qfin Holdings, Inc.'s revenue compounded faster (16.4% CAGR vs -3.9%).

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

QFIN vs THS — Head-to-Head

Bigger by revenue
THS
THS
1.1× larger
THS
$840.3M
$731.2M
QFIN
Higher net margin
QFIN
QFIN
59.1% more per $
QFIN
27.5%
-31.6%
THS
Faster 2-yr revenue CAGR
QFIN
QFIN
Annualised
QFIN
16.4%
-3.9%
THS

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
QFIN
QFIN
THS
THS
Revenue
$731.2M
$840.3M
Net Profit
$201.2M
$-265.8M
Gross Margin
18.8%
Operating Margin
32.7%
-30.2%
Net Margin
27.5%
-31.6%
Revenue YoY
0.1%
Net Profit YoY
-7717.6%
EPS (diluted)
$-5.26

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
QFIN
QFIN
THS
THS
Q3 25
$731.2M
$840.3M
Q2 25
$728.1M
$798.0M
Q1 25
$646.4M
$792.0M
Q4 24
$905.7M
Q3 24
$622.7M
$839.1M
Q2 24
$572.4M
$788.5M
Q1 24
$575.2M
$820.7M
Q4 23
$910.8M
Net Profit
QFIN
QFIN
THS
THS
Q3 25
$201.2M
$-265.8M
Q2 25
$241.6M
$-2.9M
Q1 25
$247.6M
$-31.8M
Q4 24
$58.7M
Q3 24
$256.3M
$-3.4M
Q2 24
$189.4M
$-16.7M
Q1 24
$160.7M
$-11.7M
Q4 23
$7.5M
Gross Margin
QFIN
QFIN
THS
THS
Q3 25
18.8%
Q2 25
17.4%
Q1 25
14.5%
Q4 24
19.5%
Q3 24
15.6%
Q2 24
16.3%
Q1 24
13.6%
Q4 23
16.7%
Operating Margin
QFIN
QFIN
THS
THS
Q3 25
32.7%
-30.2%
Q2 25
41.0%
3.4%
Q1 25
42.1%
-0.7%
Q4 24
8.9%
Q3 24
52.4%
3.8%
Q2 24
47.7%
-0.5%
Q1 24
32.8%
-0.6%
Q4 23
4.6%
Net Margin
QFIN
QFIN
THS
THS
Q3 25
27.5%
-31.6%
Q2 25
33.2%
-0.4%
Q1 25
38.3%
-4.0%
Q4 24
6.5%
Q3 24
41.2%
-0.4%
Q2 24
33.1%
-2.1%
Q1 24
27.9%
-1.4%
Q4 23
0.8%
EPS (diluted)
QFIN
QFIN
THS
THS
Q3 25
$-5.26
Q2 25
$-0.06
Q1 25
$-0.63
Q4 24
$1.12
Q3 24
$-0.07
Q2 24
$-0.32
Q1 24
$-0.22
Q4 23
$0.13

Balance Sheet & Financial Strength

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

Metric
QFIN
QFIN
THS
THS
Cash + ST InvestmentsLiquidity on hand
$6.5B
$21.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$24.3B
$1.3B
Total Assets
$61.4B
$3.8B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QFIN
QFIN
THS
THS
Q3 25
$6.5B
$21.0M
Q2 25
$5.3B
$17.1M
Q1 25
$8.6B
$16.4M
Q4 24
$289.6M
Q3 24
$4.3B
$102.0M
Q2 24
$6.3B
$105.8M
Q1 24
$5.3B
$191.8M
Q4 23
$320.3M
Total Debt
QFIN
QFIN
THS
THS
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Stockholders' Equity
QFIN
QFIN
THS
THS
Q3 25
$24.3B
$1.3B
Q2 25
$24.1B
$1.5B
Q1 25
$23.1B
$1.5B
Q4 24
$1.5B
Q3 24
$22.9B
$1.6B
Q2 24
$22.6B
$1.6B
Q1 24
$22.1B
$1.6B
Q4 23
$1.7B
Total Assets
QFIN
QFIN
THS
THS
Q3 25
$61.4B
$3.8B
Q2 25
$59.8B
$4.0B
Q1 25
$55.6B
$3.9B
Q4 24
$4.0B
Q3 24
$47.0B
$4.0B
Q2 24
$47.0B
$3.9B
Q1 24
$47.4B
$4.0B
Q4 23
$4.1B
Debt / Equity
QFIN
QFIN
THS
THS
Q3 25
1.18×
Q2 25
0.98×
Q1 25
0.93×
Q4 24
0.90×
Q3 24
0.90×
Q2 24
0.90×
Q1 24
0.87×
Q4 23
0.84×

Cash Flow & Capital Efficiency

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

Metric
QFIN
QFIN
THS
THS
Operating Cash FlowLast quarter
$351.4M
$38.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QFIN
QFIN
THS
THS
Q3 25
$351.4M
$38.2M
Q2 25
$366.0M
$-47.2M
Q1 25
$386.6M
$-53.5M
Q4 24
$296.2M
Q3 24
$338.0M
$41.4M
Q2 24
$269.9M
$-19.4M
Q1 24
$271.2M
$-52.4M
Q4 23
$147.0M
Free Cash Flow
QFIN
QFIN
THS
THS
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-42.2M
Q1 24
$-80.7M
Q4 23
$84.3M
FCF Margin
QFIN
QFIN
THS
THS
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-5.4%
Q1 24
-9.8%
Q4 23
9.3%
Capex Intensity
QFIN
QFIN
THS
THS
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
2.9%
Q1 24
3.4%
Q4 23
6.9%
Cash Conversion
QFIN
QFIN
THS
THS
Q3 25
1.75×
Q2 25
1.52×
Q1 25
1.56×
Q4 24
5.05×
Q3 24
1.32×
Q2 24
1.43×
Q1 24
1.69×
Q4 23
19.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QFIN
QFIN

Segment breakdown not available.

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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