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Side-by-side financial comparison of Brookdale Senior Living Inc. (BKD) and Legence Corp. (LGN). Click either name above to swap in a different company.

Brookdale Senior Living Inc. is the larger business by last-quarter revenue ($754.1M vs $708.0M, roughly 1.1× Legence Corp.). Legence Corp. runs the higher net margin — -0.1% vs -5.3%, a 5.2% gap on every dollar of revenue. On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% vs -3.4%). Legence Corp. produced more free cash flow last quarter ($137.4M vs $-29.1M).

Brookdale Senior Living Solutions owns and operates retirement homes across the United States. The company was established in 1978 and is based in Brentwood, Tennessee. It is the largest operator of senior housing in the United States, with over 60,000 residents.

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

BKD vs LGN — Head-to-Head

Bigger by revenue
BKD
BKD
1.1× larger
BKD
$754.1M
$708.0M
LGN
Growing faster (revenue YoY)
LGN
LGN
+29.7% gap
LGN
26.2%
-3.4%
BKD
Higher net margin
LGN
LGN
5.2% more per $
LGN
-0.1%
-5.3%
BKD
More free cash flow
LGN
LGN
$166.5M more FCF
LGN
$137.4M
$-29.1M
BKD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BKD
BKD
LGN
LGN
Revenue
$754.1M
$708.0M
Net Profit
$-40.0M
$-576.0K
Gross Margin
24.9%
20.9%
Operating Margin
3.0%
5.3%
Net Margin
-5.3%
-0.1%
Revenue YoY
-3.4%
26.2%
Net Profit YoY
52.4%
46.8%
EPS (diluted)
$-0.18
$-0.02

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
BKD
BKD
LGN
LGN
Q4 25
$754.1M
Q3 25
$813.2M
$708.0M
Q2 25
$812.9M
Q1 25
$813.9M
Q4 24
$780.9M
Q3 24
$784.2M
$560.8M
Q2 24
$777.5M
Q1 24
$782.8M
Net Profit
BKD
BKD
LGN
LGN
Q4 25
$-40.0M
Q3 25
$-114.7M
$-576.0K
Q2 25
$-43.0M
Q1 25
$-65.0M
Q4 24
$-83.9M
Q3 24
$-50.7M
$-1.1M
Q2 24
$-37.7M
Q1 24
$-29.6M
Gross Margin
BKD
BKD
LGN
LGN
Q4 25
24.9%
Q3 25
25.9%
20.9%
Q2 25
26.6%
Q1 25
27.4%
Q4 24
24.6%
Q3 24
25.3%
21.1%
Q2 24
26.3%
Q1 24
26.1%
Operating Margin
BKD
BKD
LGN
LGN
Q4 25
3.0%
Q3 25
-6.6%
5.3%
Q2 25
1.8%
Q1 25
3.6%
Q4 24
-0.3%
Q3 24
1.3%
4.8%
Q2 24
2.5%
Q1 24
2.5%
Net Margin
BKD
BKD
LGN
LGN
Q4 25
-5.3%
Q3 25
-14.1%
-0.1%
Q2 25
-5.3%
Q1 25
-8.0%
Q4 24
-10.7%
Q3 24
-6.5%
-0.2%
Q2 24
-4.9%
Q1 24
-3.8%
EPS (diluted)
BKD
BKD
LGN
LGN
Q4 25
$-0.18
Q3 25
$-0.48
$-0.02
Q2 25
$-0.18
Q1 25
$-0.28
Q4 24
$-0.37
Q3 24
$-0.22
Q2 24
$-0.17
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
BKD
BKD
LGN
LGN
Cash + ST InvestmentsLiquidity on hand
$279.1M
$176.0M
Total DebtLower is stronger
$4.3B
$812.6M
Stockholders' EquityBook value
$-44.8M
$387.9M
Total Assets
$6.0B
$2.6B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKD
BKD
LGN
LGN
Q4 25
$279.1M
Q3 25
$253.4M
$176.0M
Q2 25
$251.9M
Q1 25
$239.7M
Q4 24
$328.8M
Q3 24
$284.4M
Q2 24
$309.7M
Q1 24
$318.5M
Total Debt
BKD
BKD
LGN
LGN
Q4 25
$4.3B
Q3 25
$4.3B
$812.6M
Q2 25
$4.3B
Q1 25
$4.3B
Q4 24
$4.1B
Q3 24
$3.7B
Q2 24
$3.7B
Q1 24
$3.8B
Stockholders' Equity
BKD
BKD
LGN
LGN
Q4 25
$-44.8M
Q3 25
$-6.7M
$387.9M
Q2 25
$105.4M
Q1 25
$146.7M
Q4 24
$212.5M
Q3 24
$292.9M
Q2 24
$340.2M
Q1 24
$374.0M
Total Assets
BKD
BKD
LGN
LGN
Q4 25
$6.0B
Q3 25
$6.0B
$2.6B
Q2 25
$6.1B
Q1 25
$6.2B
Q4 24
$6.3B
Q3 24
$5.9B
Q2 24
$5.5B
Q1 24
$5.5B
Debt / Equity
BKD
BKD
LGN
LGN
Q4 25
Q3 25
2.10×
Q2 25
40.72×
Q1 25
29.39×
Q4 24
19.12×
Q3 24
12.65×
Q2 24
10.99×
Q1 24
10.05×

Cash Flow & Capital Efficiency

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

Metric
BKD
BKD
LGN
LGN
Operating Cash FlowLast quarter
$34.5M
$162.1M
Free Cash FlowOCF − Capex
$-29.1M
$137.4M
FCF MarginFCF / Revenue
-3.9%
19.4%
Capex IntensityCapex / Revenue
8.4%
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$16.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKD
BKD
LGN
LGN
Q4 25
$34.5M
Q3 25
$76.5M
$162.1M
Q2 25
$83.6M
Q1 25
$23.4M
Q4 24
$45.2M
Q3 24
$66.5M
Q2 24
$55.7M
Q1 24
$-1.1M
Free Cash Flow
BKD
BKD
LGN
LGN
Q4 25
$-29.1M
Q3 25
$34.9M
$137.4M
Q2 25
$29.1M
Q1 25
$-18.4M
Q4 24
$-5.1M
Q3 24
$11.5M
Q2 24
$4.1M
Q1 24
$-45.5M
FCF Margin
BKD
BKD
LGN
LGN
Q4 25
-3.9%
Q3 25
4.3%
19.4%
Q2 25
3.6%
Q1 25
-2.3%
Q4 24
-0.7%
Q3 24
1.5%
Q2 24
0.5%
Q1 24
-5.8%
Capex Intensity
BKD
BKD
LGN
LGN
Q4 25
8.4%
Q3 25
5.1%
3.5%
Q2 25
6.7%
Q1 25
5.1%
Q4 24
6.4%
Q3 24
7.0%
Q2 24
6.6%
Q1 24
5.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

BKD
BKD

Assisted Living And Memory Care$506.7M67%
Independent Living$121.6M16%
Ccrcs Rental$86.3M11%
Reimbursement Costs Managed Communities$36.7M5%
Management Service$2.9M0%

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

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