vs
Side-by-side financial comparison of Sally Beauty Holdings, Inc. (SBH) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $943.2M, roughly 1.5× Sally Beauty Holdings, Inc.). Sally Beauty Holdings, Inc. runs the higher net margin — 4.8% vs 3.1%, a 1.7% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs 0.6%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $57.5M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% CAGR vs 1.9%).
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
SBH vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $943.2M | $1.4B |
| Net Profit | $45.6M | $43.8M |
| Gross Margin | 51.2% | 28.6% |
| Operating Margin | 8.1% | 11.4% |
| Net Margin | 4.8% | 3.1% |
| Revenue YoY | 0.6% | 2.6% |
| Net Profit YoY | -25.3% | 700.0% |
| EPS (diluted) | $0.45 | $0.30 |
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.
| Q4 25 | $943.2M | $1.4B | ||
| Q3 25 | $947.1M | $1.3B | ||
| Q2 25 | $933.3M | $1.3B | ||
| Q1 25 | $883.1M | $1.3B | ||
| Q4 24 | $937.9M | $1.4B | ||
| Q3 24 | $935.0M | $1.3B | ||
| Q2 24 | $942.3M | $1.3B | ||
| Q1 24 | $908.4M | $1.3B |
| Q4 25 | $45.6M | $43.8M | ||
| Q3 25 | $49.9M | $255.1M | ||
| Q2 25 | $45.7M | $93.1M | ||
| Q1 25 | $39.2M | $113.5M | ||
| Q4 24 | $61.0M | $-7.3M | ||
| Q3 24 | $48.1M | $91.7M | ||
| Q2 24 | $37.7M | $98.3M | ||
| Q1 24 | $29.2M | $82.0M |
| Q4 25 | 51.2% | 28.6% | ||
| Q3 25 | 52.2% | 29.8% | ||
| Q2 25 | 51.5% | 30.7% | ||
| Q1 25 | 52.0% | 30.9% | ||
| Q4 24 | 50.8% | 30.0% | ||
| Q3 24 | 51.2% | 30.1% | ||
| Q2 24 | 51.0% | 31.2% | ||
| Q1 24 | 51.0% | 30.3% |
| Q4 25 | 8.1% | 11.4% | ||
| Q3 25 | 8.4% | 13.8% | ||
| Q2 25 | 8.4% | 15.0% | ||
| Q1 25 | 7.9% | 14.5% | ||
| Q4 24 | 10.7% | 11.7% | ||
| Q3 24 | 8.8% | 13.9% | ||
| Q2 24 | 7.6% | 15.4% | ||
| Q1 24 | 6.6% | 14.0% |
| Q4 25 | 4.8% | 3.1% | ||
| Q3 25 | 5.3% | 19.0% | ||
| Q2 25 | 4.9% | 7.0% | ||
| Q1 25 | 4.4% | 9.0% | ||
| Q4 24 | 6.5% | -0.5% | ||
| Q3 24 | 5.1% | 6.9% | ||
| Q2 24 | 4.0% | 7.4% | ||
| Q1 24 | 3.2% | 6.2% |
| Q4 25 | $0.45 | $0.30 | ||
| Q3 25 | $0.49 | $1.73 | ||
| Q2 25 | $0.44 | $0.63 | ||
| Q1 25 | $0.38 | $0.77 | ||
| Q4 24 | $0.58 | $-0.05 | ||
| Q3 24 | $0.45 | $0.63 | ||
| Q2 24 | $0.36 | $0.67 | ||
| Q1 24 | $0.27 | $0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.2M | $344.0M |
| Total DebtLower is stronger | $842.5M | $3.3B |
| Stockholders' EquityBook value | $823.6M | $1.2B |
| Total Assets | $2.9B | $7.0B |
| Debt / EquityLower = less leverage | 1.02× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $157.2M | $344.0M | ||
| Q3 25 | $149.2M | $282.5M | ||
| Q2 25 | $112.8M | $354.4M | ||
| Q1 25 | $92.2M | $335.2M | ||
| Q4 24 | $105.5M | $371.8M | ||
| Q3 24 | $108.0M | $386.0M | ||
| Q2 24 | $97.4M | $388.6M | ||
| Q1 24 | $97.2M | $352.8M |
| Q4 25 | $842.5M | $3.3B | ||
| Q3 25 | $862.0M | $4.0B | ||
| Q2 25 | $882.4M | $4.0B | ||
| Q1 25 | $902.8M | $4.2B | ||
| Q4 24 | $938.1M | $4.2B | ||
| Q3 24 | $978.3M | $4.3B | ||
| Q2 24 | $978.9M | $4.4B | ||
| Q1 24 | $978.4M | $4.5B |
| Q4 25 | $823.6M | $1.2B | ||
| Q3 25 | $794.2M | $1.2B | ||
| Q2 25 | $762.9M | $953.1M | ||
| Q1 25 | $699.8M | $797.9M | ||
| Q4 24 | $656.5M | $624.5M | ||
| Q3 24 | $628.5M | $771.2M | ||
| Q2 24 | $577.7M | $650.1M | ||
| Q1 24 | $550.9M | $598.3M |
| Q4 25 | $2.9B | $7.0B | ||
| Q3 25 | $2.9B | $7.1B | ||
| Q2 25 | $2.7B | $7.2B | ||
| Q1 25 | $2.7B | $7.0B | ||
| Q4 24 | $2.7B | $7.0B | ||
| Q3 24 | $2.8B | $7.3B | ||
| Q2 24 | $2.7B | $7.3B | ||
| Q1 24 | $2.7B | $7.2B |
| Q4 25 | 1.02× | 2.65× | ||
| Q3 25 | 1.09× | 3.34× | ||
| Q2 25 | 1.16× | 4.18× | ||
| Q1 25 | 1.29× | 5.26× | ||
| Q4 24 | 1.43× | 6.72× | ||
| Q3 24 | 1.56× | 5.62× | ||
| Q2 24 | 1.69× | 6.81× | ||
| Q1 24 | 1.78× | 7.49× |
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 | $93.2M | $293.6M |
| Free Cash FlowOCF − Capex | $57.5M | $257.7M |
| FCF MarginFCF / Revenue | 6.1% | 18.5% |
| Capex IntensityCapex / Revenue | 3.8% | 2.6% |
| Cash ConversionOCF / Net Profit | 2.05× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $216.8M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $93.2M | $293.6M | ||
| Q3 25 | $120.9M | $165.9M | ||
| Q2 25 | $69.4M | $136.6M | ||
| Q1 25 | $51.1M | $31.9M | ||
| Q4 24 | $33.5M | $244.2M | ||
| Q3 24 | $110.7M | $170.5M | ||
| Q2 24 | $47.9M | $188.2M | ||
| Q1 24 | $36.9M | $125.1M |
| Q4 25 | $57.5M | $257.7M | ||
| Q3 25 | $78.0M | $119.6M | ||
| Q2 25 | $49.1M | $93.2M | ||
| Q1 25 | $32.2M | $-12.0M | ||
| Q4 24 | $13.4M | $185.1M | ||
| Q3 24 | $73.3M | $115.2M | ||
| Q2 24 | $28.7M | $129.5M | ||
| Q1 24 | $22.8M | $78.0M |
| Q4 25 | 6.1% | 18.5% | ||
| Q3 25 | 8.2% | 8.9% | ||
| Q2 25 | 5.3% | 7.0% | ||
| Q1 25 | 3.6% | -0.9% | ||
| Q4 24 | 1.4% | 13.6% | ||
| Q3 24 | 7.8% | 8.6% | ||
| Q2 24 | 3.1% | 9.7% | ||
| Q1 24 | 2.5% | 5.9% |
| Q4 25 | 3.8% | 2.6% | ||
| Q3 25 | 4.5% | 3.4% | ||
| Q2 25 | 2.2% | 3.3% | ||
| Q1 25 | 2.1% | 3.5% | ||
| Q4 24 | 2.1% | 4.4% | ||
| Q3 24 | 4.0% | 4.1% | ||
| Q2 24 | 2.0% | 4.4% | ||
| Q1 24 | 1.6% | 3.6% |
| Q4 25 | 2.05× | 6.70× | ||
| Q3 25 | 2.42× | 0.65× | ||
| Q2 25 | 1.52× | 1.47× | ||
| Q1 25 | 1.30× | 0.28× | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 2.30× | 1.86× | ||
| Q2 24 | 1.27× | 1.91× | ||
| Q1 24 | 1.26× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
