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Side-by-side financial comparison of BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) and NGL Energy Partners LP (NGL). Click either name above to swap in a different company.

NGL Energy Partners LP is the larger business by last-quarter revenue ($909.8M vs $733.7M, roughly 1.2× BRIGHT HORIZONS FAMILY SOLUTIONS INC.). On growth, BRIGHT HORIZONS FAMILY SOLUTIONS INC. posted the faster year-over-year revenue change (8.8% vs -41.3%). BRIGHT HORIZONS FAMILY SOLUTIONS INC. produced more free cash flow last quarter ($258.5M vs $45.7M). Over the past eight quarters, BRIGHT HORIZONS FAMILY SOLUTIONS INC.'s revenue compounded faster (8.5% CAGR vs -6.4%).

Bright Horizons Family Solutions Inc. is a United States–based child-care provider and is the largest provider of employer-sponsored child care. It also provides back-up child care and elder care, tuition program management, education advising, and student loan repayment programs. It is headquartered in Newton, Massachusetts.

NGL Energy Partners LP is a U.S.-based midstream energy services firm. It offers transportation, storage, and logistics solutions for crude oil, natural gas liquids, and renewable fuels, plus water management services for upstream energy producers, operating primarily across North American markets.

BFAM vs NGL — Head-to-Head

Bigger by revenue
NGL
NGL
1.2× larger
NGL
$909.8M
$733.7M
BFAM
Growing faster (revenue YoY)
BFAM
BFAM
+50.1% gap
BFAM
8.8%
-41.3%
NGL
More free cash flow
BFAM
BFAM
$212.8M more FCF
BFAM
$258.5M
$45.7M
NGL
Faster 2-yr revenue CAGR
BFAM
BFAM
Annualised
BFAM
8.5%
-6.4%
NGL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BFAM
BFAM
NGL
NGL
Revenue
$733.7M
$909.8M
Net Profit
$47.2M
Gross Margin
19.3%
29.0%
Operating Margin
6.2%
12.1%
Net Margin
5.2%
Revenue YoY
8.8%
-41.3%
Net Profit YoY
249.3%
EPS (diluted)
$0.38

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
BFAM
BFAM
NGL
NGL
Q4 25
$733.7M
$909.8M
Q3 25
$802.8M
$674.7M
Q2 25
$731.6M
$622.2M
Q1 25
$665.5M
$971.1M
Q4 24
$674.1M
$982.4M
Q3 24
$719.1M
$756.5M
Q2 24
$670.1M
$759.2M
Q1 24
$622.7M
$1.0B
Net Profit
BFAM
BFAM
NGL
NGL
Q4 25
$47.2M
Q3 25
$78.6M
$29.3M
Q2 25
$54.8M
$68.9M
Q1 25
$38.0M
$13.7M
Q4 24
$13.5M
Q3 24
$54.9M
$2.5M
Q2 24
$39.2M
$9.7M
Q1 24
$17.0M
$-236.8M
Gross Margin
BFAM
BFAM
NGL
NGL
Q4 25
19.3%
29.0%
Q3 25
27.0%
37.6%
Q2 25
25.0%
38.5%
Q1 25
23.4%
26.9%
Q4 24
20.8%
25.1%
Q3 24
25.2%
30.9%
Q2 24
24.2%
29.0%
Q1 24
21.7%
21.8%
Operating Margin
BFAM
BFAM
NGL
NGL
Q4 25
6.2%
12.1%
Q3 25
15.1%
14.0%
Q2 25
11.8%
15.7%
Q1 25
9.4%
8.4%
Q4 24
7.2%
8.6%
Q3 24
12.4%
10.8%
Q2 24
10.3%
10.8%
Q1 24
6.4%
-9.4%
Net Margin
BFAM
BFAM
NGL
NGL
Q4 25
5.2%
Q3 25
9.8%
4.3%
Q2 25
7.5%
11.1%
Q1 25
5.7%
1.4%
Q4 24
1.4%
Q3 24
7.6%
0.3%
Q2 24
5.8%
1.3%
Q1 24
2.7%
-22.8%
EPS (diluted)
BFAM
BFAM
NGL
NGL
Q4 25
$0.38
Q3 25
$1.37
Q2 25
$0.95
Q1 25
$0.66
Q4 24
$0.50
Q3 24
$0.94
Q2 24
$0.67
Q1 24
$0.29

Balance Sheet & Financial Strength

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

Metric
BFAM
BFAM
NGL
NGL
Cash + ST InvestmentsLiquidity on hand
$140.1M
$6.5M
Total DebtLower is stronger
$747.6M
$2.9B
Stockholders' EquityBook value
$1.3B
Total Assets
$3.9B
$4.4B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFAM
BFAM
NGL
NGL
Q4 25
$140.1M
$6.5M
Q3 25
$116.6M
$8.7M
Q2 25
$179.2M
$5.4M
Q1 25
$112.0M
$13.5M
Q4 24
$110.3M
$5.7M
Q3 24
$109.9M
$4.5M
Q2 24
$140.2M
$5.3M
Q1 24
$63.7M
$38.9M
Total Debt
BFAM
BFAM
NGL
NGL
Q4 25
$747.6M
$2.9B
Q3 25
$747.5M
$2.9B
Q2 25
$797.0M
$2.9B
Q1 25
$872.7M
$3.0B
Q4 24
$918.4M
$3.1B
Q3 24
$925.7M
$3.1B
Q2 24
$931.9M
$3.0B
Q1 24
$938.1M
$2.9B
Stockholders' Equity
BFAM
BFAM
NGL
NGL
Q4 25
$1.3B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.2B
Total Assets
BFAM
BFAM
NGL
NGL
Q4 25
$3.9B
$4.4B
Q3 25
$3.9B
$4.3B
Q2 25
$3.9B
$4.2B
Q1 25
$3.8B
$4.6B
Q4 24
$3.9B
$4.8B
Q3 24
$3.9B
$4.9B
Q2 24
$3.8B
$4.8B
Q1 24
$3.8B
$5.0B
Debt / Equity
BFAM
BFAM
NGL
NGL
Q4 25
0.56×
Q3 25
0.52×
Q2 25
0.57×
Q1 25
0.66×
Q4 24
0.72×
Q3 24
0.66×
Q2 24
0.73×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
BFAM
BFAM
NGL
NGL
Operating Cash FlowLast quarter
$350.7M
$182.3M
Free Cash FlowOCF − Capex
$258.5M
$45.7M
FCF MarginFCF / Revenue
35.2%
5.0%
Capex IntensityCapex / Revenue
12.6%
15.0%
Cash ConversionOCF / Net Profit
3.86×
TTM Free Cash FlowTrailing 4 quarters
$402.4M
$126.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFAM
BFAM
NGL
NGL
Q4 25
$350.7M
$182.3M
Q3 25
$-17.6M
$40.5M
Q2 25
$134.2M
$33.2M
Q1 25
$86.2M
$155.0M
Q4 24
$337.5M
$153.8M
Q3 24
$-8.9M
$6.7M
Q2 24
$109.4M
$-18.1M
Q1 24
$116.3M
$152.2M
Free Cash Flow
BFAM
BFAM
NGL
NGL
Q4 25
$258.5M
$45.7M
Q3 25
$-42.4M
$9.5M
Q2 25
$115.4M
$11.1M
Q1 25
$70.9M
$60.4M
Q4 24
$240.2M
$152.1M
Q3 24
$-32.2M
$-82.9M
Q2 24
$86.8M
$-78.0M
Q1 24
$96.9M
$119.8M
FCF Margin
BFAM
BFAM
NGL
NGL
Q4 25
35.2%
5.0%
Q3 25
-5.3%
1.4%
Q2 25
15.8%
1.8%
Q1 25
10.7%
6.2%
Q4 24
35.6%
15.5%
Q3 24
-4.5%
-11.0%
Q2 24
13.0%
-10.3%
Q1 24
15.6%
11.5%
Capex Intensity
BFAM
BFAM
NGL
NGL
Q4 25
12.6%
15.0%
Q3 25
3.1%
4.6%
Q2 25
2.6%
3.6%
Q1 25
2.3%
9.7%
Q4 24
14.4%
0.2%
Q3 24
3.2%
11.8%
Q2 24
3.4%
7.9%
Q1 24
3.1%
3.1%
Cash Conversion
BFAM
BFAM
NGL
NGL
Q4 25
3.86×
Q3 25
-0.22×
1.38×
Q2 25
2.45×
0.48×
Q1 25
2.26×
11.29×
Q4 24
11.39×
Q3 24
-0.16×
2.74×
Q2 24
2.79×
-1.87×
Q1 24
6.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFAM
BFAM

Segment breakdown not available.

NGL
NGL

Water Solutions Segment$208.6M23%
Services$193.3M21%
Butane$192.5M21%
Service Fees$182.8M20%
Public Utilities Inventory Propane$93.9M10%
Crude Oil$23.3M3%
Crude Oil Transportation And Other$6.5M1%
Liquids Logistics Segment$2.5M0%
Crude Oil Logistics Segment$1.2M0%

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