vs

Side-by-side financial comparison of ASGN Inc (ASGN) and DLH Holdings Corp. (DLHC). Click either name above to swap in a different company.

ASGN Inc is the larger business by last-quarter revenue ($970.0M vs $68.9M, roughly 14.1× DLH Holdings Corp.). ASGN Inc runs the higher net margin — 0.6% vs -1.9%, a 2.5% gap on every dollar of revenue. On growth, ASGN Inc posted the faster year-over-year revenue change (-3.0% vs -24.1%). ASGN Inc produced more free cash flow last quarter ($9.1M vs $-4.8M). Over the past eight quarters, ASGN Inc's revenue compounded faster (-3.2% CAGR vs -17.4%).

ASGN Inc is a leading U.S.-headquartered professional services and workforce solutions provider. It specializes in supplying skilled talent and consulting services across high-growth segments including information technology, creative, digital, life sciences, and engineering, primarily serving enterprise clients across North America.

DLH Holdings Corp. is a U.S.-based provider of technology-enabled healthcare, logistics, engineering, and mission support services primarily serving federal government agencies including the Department of Veterans Affairs, Department of Defense, and Department of Health and Human Services, as well as select state and local government clients across core public service segments.

ASGN vs DLHC — Head-to-Head

Bigger by revenue
ASGN
ASGN
14.1× larger
ASGN
$970.0M
$68.9M
DLHC
Growing faster (revenue YoY)
ASGN
ASGN
+21.1% gap
ASGN
-3.0%
-24.1%
DLHC
Higher net margin
ASGN
ASGN
2.5% more per $
ASGN
0.6%
-1.9%
DLHC
More free cash flow
ASGN
ASGN
$13.9M more FCF
ASGN
$9.1M
$-4.8M
DLHC
Faster 2-yr revenue CAGR
ASGN
ASGN
Annualised
ASGN
-3.2%
-17.4%
DLHC

Income Statement — Q1 2026 vs Q1 2026

Metric
ASGN
ASGN
DLHC
DLHC
Revenue
$970.0M
$68.9M
Net Profit
$5.5M
$-1.3M
Gross Margin
27.5%
Operating Margin
2.9%
2.1%
Net Margin
0.6%
-1.9%
Revenue YoY
-3.0%
-24.1%
Net Profit YoY
-73.7%
-218.7%
EPS (diluted)
$0.13
$-0.09

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
ASGN
ASGN
DLHC
DLHC
Q1 26
$970.0M
Q4 25
$980.1M
$68.9M
Q3 25
$1.0B
$81.2M
Q2 25
$1.0B
$83.3M
Q1 25
$968.3M
$89.2M
Q4 24
$985.0M
$90.8M
Q3 24
$1.0B
$96.4M
Q2 24
$1.0B
$100.7M
Net Profit
ASGN
ASGN
DLHC
DLHC
Q1 26
$5.5M
Q4 25
$25.2M
$-1.3M
Q3 25
$38.1M
$-920.0K
Q2 25
$29.3M
$289.0K
Q1 25
$20.9M
$878.0K
Q4 24
$42.4M
$1.1M
Q3 24
$47.5M
$2.3M
Q2 24
$47.2M
$1.1M
Gross Margin
ASGN
ASGN
DLHC
DLHC
Q1 26
27.5%
Q4 25
28.9%
Q3 25
29.4%
Q2 25
28.7%
Q1 25
28.4%
Q4 24
29.0%
Q3 24
29.1%
Q2 24
29.1%
Operating Margin
ASGN
ASGN
DLHC
DLHC
Q1 26
2.9%
Q4 25
5.7%
2.1%
Q3 25
6.7%
2.8%
Q2 25
5.8%
4.5%
Q1 25
4.8%
5.7%
Q4 24
7.5%
6.2%
Q3 24
7.7%
6.6%
Q2 24
7.8%
5.7%
Net Margin
ASGN
ASGN
DLHC
DLHC
Q1 26
0.6%
Q4 25
2.6%
-1.9%
Q3 25
3.8%
-1.1%
Q2 25
2.9%
0.3%
Q1 25
2.2%
1.0%
Q4 24
4.3%
1.2%
Q3 24
4.6%
2.4%
Q2 24
4.6%
1.1%
EPS (diluted)
ASGN
ASGN
DLHC
DLHC
Q1 26
$0.13
Q4 25
$0.58
$-0.09
Q3 25
$0.87
$-0.07
Q2 25
$0.67
$0.02
Q1 25
$0.48
$0.06
Q4 24
$0.94
$0.08
Q3 24
$1.06
$0.16
Q2 24
$1.02
$0.08

Balance Sheet & Financial Strength

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

Metric
ASGN
ASGN
DLHC
DLHC
Cash + ST InvestmentsLiquidity on hand
$143.6M
$257.0K
Total DebtLower is stronger
$1.5B
$133.5M
Stockholders' EquityBook value
$1.8B
$112.2M
Total Assets
$4.0B
$283.5M
Debt / EquityLower = less leverage
0.82×
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASGN
ASGN
DLHC
DLHC
Q1 26
$143.6M
Q4 25
$161.2M
$257.0K
Q3 25
$125.0K
Q2 25
$194.0K
Q1 25
$196.0K
Q4 24
$205.2M
$451.0K
Q3 24
$342.0K
Q2 24
$423.0K
Total Debt
ASGN
ASGN
DLHC
DLHC
Q1 26
$1.5B
Q4 25
$1.2B
$133.5M
Q3 25
$1.2B
$128.0M
Q2 25
$1.2B
$138.3M
Q1 25
$1.3B
$147.3M
Q4 24
$1.0B
$162.2M
Q3 24
$1.0B
$149.4M
Q2 24
$1.0B
$160.9M
Stockholders' Equity
ASGN
ASGN
DLHC
DLHC
Q1 26
$1.8B
Q4 25
$1.8B
$112.2M
Q3 25
$1.8B
$113.0M
Q2 25
$1.8B
$113.7M
Q1 25
$1.8B
$112.8M
Q4 24
$1.8B
$111.4M
Q3 24
$1.8B
$110.1M
Q2 24
$1.8B
$108.6M
Total Assets
ASGN
ASGN
DLHC
DLHC
Q1 26
$4.0B
Q4 25
$3.7B
$283.5M
Q3 25
$3.7B
$290.7M
Q2 25
$3.7B
$299.3M
Q1 25
$3.7B
$306.6M
Q4 24
$3.4B
$325.0M
Q3 24
$3.4B
$314.4M
Q2 24
$3.5B
$325.0M
Debt / Equity
ASGN
ASGN
DLHC
DLHC
Q1 26
0.82×
Q4 25
0.65×
1.19×
Q3 25
0.64×
1.13×
Q2 25
0.66×
1.22×
Q1 25
0.72×
1.31×
Q4 24
0.58×
1.46×
Q3 24
0.58×
1.36×
Q2 24
0.57×
1.48×

Cash Flow & Capital Efficiency

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

Metric
ASGN
ASGN
DLHC
DLHC
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$9.1M
$-4.8M
FCF MarginFCF / Revenue
0.9%
-7.0%
Capex IntensityCapex / Revenue
1.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$290.6M
$29.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASGN
ASGN
DLHC
DLHC
Q1 26
Q4 25
$102.3M
$-4.8M
Q3 25
$83.9M
$10.7M
Q2 25
$124.9M
$9.6M
Q1 25
$16.8M
$14.5M
Q4 24
$100.2M
$-11.5M
Q3 24
$135.8M
$12.4M
Q2 24
$90.7M
$4.6M
Free Cash Flow
ASGN
ASGN
DLHC
DLHC
Q1 26
$9.1M
Q4 25
$93.7M
$-4.8M
Q3 25
$72.0M
$10.7M
Q2 25
$115.8M
$9.4M
Q1 25
$6.6M
$14.0M
Q4 24
$88.9M
$-12.1M
Q3 24
$127.9M
$12.2M
Q2 24
$85.4M
$4.5M
FCF Margin
ASGN
ASGN
DLHC
DLHC
Q1 26
0.9%
Q4 25
9.6%
-7.0%
Q3 25
7.1%
13.1%
Q2 25
11.3%
11.2%
Q1 25
0.7%
15.6%
Q4 24
9.0%
-13.3%
Q3 24
12.4%
12.7%
Q2 24
8.3%
4.4%
Capex Intensity
ASGN
ASGN
DLHC
DLHC
Q1 26
1.0%
Q4 25
0.9%
0.1%
Q3 25
1.2%
0.0%
Q2 25
0.9%
0.3%
Q1 25
1.1%
0.6%
Q4 24
1.1%
0.6%
Q3 24
0.8%
0.2%
Q2 24
0.5%
0.2%
Cash Conversion
ASGN
ASGN
DLHC
DLHC
Q1 26
Q4 25
4.06×
Q3 25
2.20×
Q2 25
4.26×
33.12×
Q1 25
0.80×
16.52×
Q4 24
2.36×
-10.35×
Q3 24
2.86×
5.42×
Q2 24
1.92×
4.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASGN
ASGN

Segment breakdown not available.

DLHC
DLHC

Sales Channel Directly To Consumer$64.5M94%
Sales Channel Through Intermediary$4.4M6%

Related Comparisons