Heartflow, Inc. (HTFL) vs Tempus AI, Inc. (TEM)

Heartflow, Inc. and Tempus AI, Inc. are both Health Information Services companies. Tempus AI, Inc. is the larger, with a market value of $12.9B against $4.5B — 2.8× the size. Heartflow, Inc. grew revenue faster over the last twelve months: 42.8% against 36.6%. Tempus AI, Inc. has the higher net margin (−12.5% vs −55.8%) and the higher return on invested capital (−14.4% vs −42.8%). Across the 17 metrics below, Tempus AI, Inc. leads on 10 and Heartflow, Inc. on 7.

Valuation

Metric HTFL TEM Health Information Services median
P/E n/m n/m 42.03
P/S 21.27 8.47 1.80
P/B 16.13 25.54 1.87
Price to free cash flow n/m n/m 16.74
EV/EBITDA n/m n/m 13.40
EV/Sales 21.36 8.94 2.63
Earnings yield (3.51%) (1.49%) (2.73%)
Free cash flow yield (1.31%) (1.18%) 0.00%

Profitability

Metric HTFL TEM Health Information Services median
Gross margin 80.08% 64.46% 59.61%
Operating margin (37.84%) (18.48%) (10.54%)
Net margin (55.82%) (12.54%) (16.14%)
Free cash flow margin (27.91%) (9.98%) 0.00%
Return on equity 38.49% (37.55%) (3.15%)
Return on assets (46.99%) (8.00%) (5.62%)
Return on invested capital (42.81%) (14.36%) 0.00%

Growth

Metric HTFL TEM Health Information Services median
Revenue growth (TTM) 42.77% 36.56% 6.48%
EPS growth (last fiscal year) 82.37% 77.37% 63.46%
Revenue growth, 5-year CAGR — — 10.98%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric HTFL TEM Health Information Services median
Debt to equity 0.00 2.70 0.00
Current ratio 5.08 2.61 2.15
Net debt to EBITDA 3.41 (3.32) 0.71

Dividend

Metric HTFL TEM Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric HTFL TEM Health Information Services median
Market cap 4.52b 12.85b 309.94m

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