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Side-by-side financial comparison of STEVEN MADDEN, LTD. (SHOO) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

UNITED THERAPEUTICS Corp is the larger business by last-quarter revenue ($790.2M vs $749.8M, roughly 1.1× STEVEN MADDEN, LTD.). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 3.3%, a 42.8% gap on every dollar of revenue. On growth, STEVEN MADDEN, LTD. posted the faster year-over-year revenue change (29.5% vs 7.4%). UNITED THERAPEUTICS Corp produced more free cash flow last quarter ($173.3M vs $80.8M). Over the past eight quarters, STEVEN MADDEN, LTD.'s revenue compounded faster (16.7% CAGR vs 8.0%).

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

SHOO vs UTHR — Head-to-Head

Bigger by revenue
UTHR
UTHR
1.1× larger
UTHR
$790.2M
$749.8M
SHOO
Growing faster (revenue YoY)
SHOO
SHOO
+22.2% gap
SHOO
29.5%
7.4%
UTHR
Higher net margin
UTHR
UTHR
42.8% more per $
UTHR
46.1%
3.3%
SHOO
More free cash flow
UTHR
UTHR
$92.5M more FCF
UTHR
$173.3M
$80.8M
SHOO
Faster 2-yr revenue CAGR
SHOO
SHOO
Annualised
SHOO
16.7%
8.0%
UTHR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SHOO
SHOO
UTHR
UTHR
Revenue
$749.8M
$790.2M
Net Profit
$24.7M
$364.3M
Gross Margin
42.6%
86.9%
Operating Margin
4.8%
45.1%
Net Margin
3.3%
46.1%
Revenue YoY
29.5%
7.4%
Net Profit YoY
-34.8%
20.9%
EPS (diluted)
$0.33
$7.66

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
SHOO
SHOO
UTHR
UTHR
Q4 25
$749.8M
$790.2M
Q3 25
$664.2M
$799.5M
Q2 25
$556.1M
$798.6M
Q1 25
$551.4M
$794.4M
Q4 24
$578.8M
$735.9M
Q3 24
$621.2M
$748.9M
Q2 24
$521.7M
$714.9M
Q1 24
$550.6M
$677.7M
Net Profit
SHOO
SHOO
UTHR
UTHR
Q4 25
$24.7M
$364.3M
Q3 25
$20.5M
$338.7M
Q2 25
$-38.7M
$309.5M
Q1 25
$41.3M
$322.2M
Q4 24
$37.8M
$301.3M
Q3 24
$55.3M
$309.1M
Q2 24
$36.9M
$278.1M
Q1 24
$44.6M
$306.6M
Gross Margin
SHOO
SHOO
UTHR
UTHR
Q4 25
42.6%
86.9%
Q3 25
41.8%
87.4%
Q2 25
40.6%
89.0%
Q1 25
41.0%
88.4%
Q4 24
40.7%
89.7%
Q3 24
41.8%
88.9%
Q2 24
41.6%
89.1%
Q1 24
40.8%
89.2%
Operating Margin
SHOO
SHOO
UTHR
UTHR
Q4 25
4.8%
45.1%
Q3 25
4.7%
48.6%
Q2 25
-7.2%
45.6%
Q1 25
9.7%
48.2%
Q4 24
8.1%
48.6%
Q3 24
12.0%
45.8%
Q2 24
9.0%
44.7%
Q1 24
10.3%
52.6%
Net Margin
SHOO
SHOO
UTHR
UTHR
Q4 25
3.3%
46.1%
Q3 25
3.1%
42.4%
Q2 25
-7.0%
38.8%
Q1 25
7.5%
40.6%
Q4 24
6.5%
40.9%
Q3 24
8.9%
41.3%
Q2 24
7.1%
38.9%
Q1 24
8.1%
45.2%
EPS (diluted)
SHOO
SHOO
UTHR
UTHR
Q4 25
$0.33
$7.66
Q3 25
$0.29
$7.16
Q2 25
$-0.56
$6.41
Q1 25
$0.57
$6.63
Q4 24
$0.49
$6.23
Q3 24
$0.77
$6.39
Q2 24
$0.49
$5.85
Q1 24
$0.60
$6.17

Balance Sheet & Financial Strength

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

Metric
SHOO
SHOO
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$112.4M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$866.4M
$7.1B
Total Assets
$1.9B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHOO
SHOO
UTHR
UTHR
Q4 25
$112.4M
$2.9B
Q3 25
$140.0K
$2.8B
Q2 25
$111.9M
$3.0B
Q1 25
$147.2M
$3.3B
Q4 24
$203.4M
$3.3B
Q3 24
$11.1M
$3.3B
Q2 24
$192.2M
$3.0B
Q1 24
$143.1M
$2.7B
Stockholders' Equity
SHOO
SHOO
UTHR
UTHR
Q4 25
$866.4M
$7.1B
Q3 25
$850.8M
$6.6B
Q2 25
$833.2M
$7.2B
Q1 25
$875.3M
$6.8B
Q4 24
$847.7M
$6.4B
Q3 24
$833.9M
$6.1B
Q2 24
$808.3M
$5.7B
Q1 24
$825.2M
$5.3B
Total Assets
SHOO
SHOO
UTHR
UTHR
Q4 25
$1.9B
$7.9B
Q3 25
$2.0B
$7.4B
Q2 25
$1.9B
$7.9B
Q1 25
$1.4B
$7.7B
Q4 24
$1.4B
$7.4B
Q3 24
$1.5B
$7.1B
Q2 24
$1.4B
$6.7B
Q1 24
$1.3B
$6.5B

Cash Flow & Capital Efficiency

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

Metric
SHOO
SHOO
UTHR
UTHR
Operating Cash FlowLast quarter
$91.1M
$346.2M
Free Cash FlowOCF − Capex
$80.8M
$173.3M
FCF MarginFCF / Revenue
10.8%
21.9%
Capex IntensityCapex / Revenue
1.4%
21.9%
Cash ConversionOCF / Net Profit
3.70×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$119.5M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHOO
SHOO
UTHR
UTHR
Q4 25
$91.1M
$346.2M
Q3 25
$23.4M
$562.1M
Q2 25
$66.5M
$191.7M
Q1 25
$-18.8M
$461.2M
Q4 24
$103.9M
$341.2M
Q3 24
$444.0K
$377.2M
Q2 24
$109.5M
$232.2M
Q1 24
$-15.7M
$376.5M
Free Cash Flow
SHOO
SHOO
UTHR
UTHR
Q4 25
$80.8M
$173.3M
Q3 25
$8.6M
$351.6M
Q2 25
$58.8M
$129.5M
Q1 25
$-28.7M
$386.3M
Q4 24
$94.6M
$254.5M
Q3 24
$-6.9M
$300.7M
Q2 24
$104.2M
$187.1M
Q1 24
$-19.7M
$338.3M
FCF Margin
SHOO
SHOO
UTHR
UTHR
Q4 25
10.8%
21.9%
Q3 25
1.3%
44.0%
Q2 25
10.6%
16.2%
Q1 25
-5.2%
48.6%
Q4 24
16.3%
34.6%
Q3 24
-1.1%
40.2%
Q2 24
20.0%
26.2%
Q1 24
-3.6%
49.9%
Capex Intensity
SHOO
SHOO
UTHR
UTHR
Q4 25
1.4%
21.9%
Q3 25
2.2%
26.3%
Q2 25
1.4%
7.8%
Q1 25
1.8%
9.4%
Q4 24
1.6%
11.8%
Q3 24
1.2%
10.2%
Q2 24
1.0%
6.3%
Q1 24
0.7%
5.6%
Cash Conversion
SHOO
SHOO
UTHR
UTHR
Q4 25
3.70×
0.95×
Q3 25
1.14×
1.66×
Q2 25
0.62×
Q1 25
-0.46×
1.43×
Q4 24
2.75×
1.13×
Q3 24
0.01×
1.22×
Q2 24
2.96×
0.83×
Q1 24
-0.35×
1.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SHOO
SHOO

Segment breakdown not available.

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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