vs
Side-by-side financial comparison of Ralliant Corp (RAL) and TOWER SEMICONDUCTOR LTD (TSEM). Click either name above to swap in a different company.
Ralliant Corp is the larger business by last-quarter revenue ($529.1M vs $351.2M, roughly 1.5× TOWER SEMICONDUCTOR LTD). TOWER SEMICONDUCTOR LTD runs the higher net margin — 15.2% vs 7.5%, a 7.7% gap on every dollar of revenue. On growth, Ralliant Corp posted the faster year-over-year revenue change (-0.5% vs -1.7%).
Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).
RAL vs TSEM — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2024
| Metric | | |
|---|---|---|
| Revenue | $529.1M | $351.2M |
| Net Profit | $39.9M | $53.4M |
| Gross Margin | 50.8% | 24.8% |
| Operating Margin | 9.8% | 15.7% |
| Net Margin | 7.5% | 15.2% |
| Revenue YoY | -0.5% | -1.7% |
| Net Profit YoY | -56.1% | 4.4% |
| EPS (diluted) | $0.35 | $0.48 |
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.
| Q3 25 | $529.1M | — | ||
| Q2 25 | $503.3M | — | ||
| Q3 24 | $531.7M | — | ||
| Q2 24 | $533.7M | $351.2M | ||
| Q2 23 | — | $357.2M | ||
| Q2 22 | — | $426.2M |
| Q3 25 | $39.9M | — | ||
| Q2 25 | $47.6M | — | ||
| Q3 24 | $90.9M | — | ||
| Q2 24 | $64.8M | $53.4M | ||
| Q2 23 | — | $51.2M | ||
| Q2 22 | — | $58.1M |
| Q3 25 | 50.8% | — | ||
| Q2 25 | 49.3% | — | ||
| Q3 24 | 52.6% | — | ||
| Q2 24 | 51.5% | 24.8% | ||
| Q2 23 | — | 24.2% | ||
| Q2 22 | — | 26.4% |
| Q3 25 | 9.8% | — | ||
| Q2 25 | 11.7% | — | ||
| Q3 24 | 20.9% | — | ||
| Q2 24 | 19.7% | 15.7% | ||
| Q2 23 | — | 14.1% | ||
| Q2 22 | — | 16.6% |
| Q3 25 | 7.5% | — | ||
| Q2 25 | 9.5% | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 12.1% | 15.2% | ||
| Q2 23 | — | 14.3% | ||
| Q2 22 | — | 13.6% |
| Q3 25 | $0.35 | — | ||
| Q2 25 | $0.42 | — | ||
| Q3 24 | $0.81 | — | ||
| Q2 24 | $0.57 | $0.48 | ||
| Q2 23 | — | $0.46 | ||
| Q2 22 | — | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.2M | $265.3M |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $3.0B | $2.5B |
| Total Assets | $5.3B | $3.0B |
| Debt / EquityLower = less leverage | 0.39× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $264.2M | — | ||
| Q2 25 | $198.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $265.3M | ||
| Q2 23 | — | $318.2M | ||
| Q2 22 | — | $211.2M |
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | $178.9M | ||
| Q2 22 | — | $200.7M |
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | $2.5B | ||
| Q2 23 | — | $2.0B | ||
| Q2 22 | — | $1.7B |
| Q3 25 | $5.3B | — | ||
| Q2 25 | $5.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B | ||
| Q2 23 | — | $2.5B | ||
| Q2 22 | — | $2.3B |
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.38× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | 0.09× | ||
| Q2 22 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $138.6M | — |
| Free Cash FlowOCF − Capex | $126.6M | — |
| FCF MarginFCF / Revenue | 23.9% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | 3.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $138.6M | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | $126.6M | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | 23.9% | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | 2.3% | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | 3.47× | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
TSEM
Segment breakdown not available.
