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Side-by-side financial comparison of BrightSpring Health Services, Inc. (BTSG) and 3M (MMM). Click either name above to swap in a different company.

3M is the larger business by last-quarter revenue ($6.0B vs $3.6B, roughly 1.7× BrightSpring Health Services, Inc.). 3M runs the higher net margin — 10.8% vs 2.2%, a 8.7% gap on every dollar of revenue. On growth, BrightSpring Health Services, Inc. posted the faster year-over-year revenue change (16.3% vs 1.3%). 3M produced more free cash flow last quarter ($2.0B vs $193.9M). Over the past eight quarters, BrightSpring Health Services, Inc.'s revenue compounded faster (17.4% CAGR vs -1.8%).

Cardinal Health, Inc. is an American multinational health care services company, and the 15th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical product, including gloves, surgical apparel, and fluid management products. In addition, it operates one of the largest networks of radiopharm...

The 3M Company is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. Based in the Saint Paul suburb of Maplewood, the company produces over 60,000 products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products, electronic circuits, and optical films. Among its best-known consume...

BTSG vs MMM — Head-to-Head

Bigger by revenue
MMM
MMM
1.7× larger
MMM
$6.0B
$3.6B
BTSG
Growing faster (revenue YoY)
BTSG
BTSG
+15.0% gap
BTSG
16.3%
1.3%
MMM
Higher net margin
MMM
MMM
8.7% more per $
MMM
10.8%
2.2%
BTSG
More free cash flow
MMM
MMM
$1.8B more FCF
MMM
$2.0B
$193.9M
BTSG
Faster 2-yr revenue CAGR
BTSG
BTSG
Annualised
BTSG
17.4%
-1.8%
MMM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BTSG
BTSG
MMM
MMM
Revenue
$3.6B
$6.0B
Net Profit
$77.1M
$653.0M
Gross Margin
11.6%
40.7%
Operating Margin
3.0%
23.2%
Net Margin
2.2%
10.8%
Revenue YoY
16.3%
1.3%
Net Profit YoY
381.8%
-41.5%
EPS (diluted)
$0.34
$1.23

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
BTSG
BTSG
MMM
MMM
Q1 26
$6.0B
Q4 25
$3.6B
$6.1B
Q3 25
$3.3B
$6.5B
Q2 25
$3.1B
$6.3B
Q1 25
$2.9B
$6.0B
Q4 24
$3.1B
$6.0B
Q3 24
$2.9B
$6.3B
Q2 24
$2.7B
$6.3B
Net Profit
BTSG
BTSG
MMM
MMM
Q1 26
$653.0M
Q4 25
$77.1M
$577.0M
Q3 25
$55.8M
$834.0M
Q2 25
$28.2M
$723.0M
Q1 25
$29.5M
$1.1B
Q4 24
$16.0M
$728.0M
Q3 24
$-8.2M
$1.4B
Q2 24
$19.9M
$1.1B
Gross Margin
BTSG
BTSG
MMM
MMM
Q1 26
40.7%
Q4 25
11.6%
33.6%
Q3 25
11.8%
41.8%
Q2 25
11.9%
42.5%
Q1 25
11.8%
41.6%
Q4 24
13.8%
51.7%
Q3 24
14.0%
42.1%
Q2 24
14.2%
42.9%
Operating Margin
BTSG
BTSG
MMM
MMM
Q1 26
23.2%
Q4 25
3.0%
13.0%
Q3 25
2.6%
22.2%
Q2 25
1.5%
18.0%
Q1 25
1.8%
20.9%
Q4 24
2.6%
12.2%
Q3 24
2.0%
20.9%
Q2 24
2.3%
20.3%
Net Margin
BTSG
BTSG
MMM
MMM
Q1 26
10.8%
Q4 25
2.2%
9.4%
Q3 25
1.7%
12.8%
Q2 25
0.9%
11.4%
Q1 25
1.0%
18.7%
Q4 24
0.5%
12.1%
Q3 24
-0.3%
21.8%
Q2 24
0.7%
18.3%
EPS (diluted)
BTSG
BTSG
MMM
MMM
Q1 26
$1.23
Q4 25
$0.34
$1.07
Q3 25
$0.26
$1.55
Q2 25
$0.13
$1.34
Q1 25
$0.14
$2.04
Q4 24
$0.11
$1.33
Q3 24
$-0.04
$2.48
Q2 24
$0.10
$2.07

Balance Sheet & Financial Strength

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

Metric
BTSG
BTSG
MMM
MMM
Cash + ST InvestmentsLiquidity on hand
$88.4M
$3.7B
Total DebtLower is stronger
$2.5B
$10.9B
Stockholders' EquityBook value
$1.9B
$3.3B
Total Assets
$6.4B
$35.4B
Debt / EquityLower = less leverage
1.34×
3.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTSG
BTSG
MMM
MMM
Q1 26
$3.7B
Q4 25
$88.4M
Q3 25
$140.3M
Q2 25
$70.1M
Q1 25
$52.3M
Q4 24
$61.3M
Q3 24
$36.0M
Q2 24
$25.0M
Total Debt
BTSG
BTSG
MMM
MMM
Q1 26
$10.9B
Q4 25
$2.5B
$12.6B
Q3 25
$2.5B
$12.6B
Q2 25
$2.5B
$13.1B
Q1 25
$2.5B
$13.5B
Q4 24
$2.6B
$13.0B
Q3 24
$2.7B
$13.2B
Q2 24
$2.6B
$13.1B
Stockholders' Equity
BTSG
BTSG
MMM
MMM
Q1 26
$3.3B
Q4 25
$1.9B
$4.7B
Q3 25
$1.8B
$4.6B
Q2 25
$1.7B
$4.3B
Q1 25
$1.7B
$4.5B
Q4 24
$1.6B
$3.8B
Q3 24
$1.6B
$4.6B
Q2 24
$1.6B
$3.9B
Total Assets
BTSG
BTSG
MMM
MMM
Q1 26
$35.4B
Q4 25
$6.4B
$37.7B
Q3 25
$6.0B
$37.6B
Q2 25
$5.9B
$38.0B
Q1 25
$5.8B
$40.0B
Q4 24
$5.9B
$39.9B
Q3 24
$5.8B
$40.9B
Q2 24
$5.6B
$43.4B
Debt / Equity
BTSG
BTSG
MMM
MMM
Q1 26
3.29×
Q4 25
1.34×
2.68×
Q3 25
1.38×
2.72×
Q2 25
1.45×
3.06×
Q1 25
1.50×
3.02×
Q4 24
1.58×
3.40×
Q3 24
1.65×
2.84×
Q2 24
1.63×
3.34×

Cash Flow & Capital Efficiency

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

Metric
BTSG
BTSG
MMM
MMM
Operating Cash FlowLast quarter
$231.6M
Free Cash FlowOCF − Capex
$193.9M
$2.0B
FCF MarginFCF / Revenue
5.5%
33.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
3.00×
TTM Free Cash FlowTrailing 4 quarters
$394.7M
$3.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTSG
BTSG
MMM
MMM
Q1 26
Q4 25
$231.6M
$1.6B
Q3 25
$107.9M
$1.8B
Q2 25
$49.1M
$-954.0M
Q1 25
$101.6M
$-79.0M
Q4 24
$90.6M
$1.8B
Q3 24
$27.2M
$-1.8B
Q2 24
$-15.2M
$1.0B
Free Cash Flow
BTSG
BTSG
MMM
MMM
Q1 26
$2.0B
Q4 25
$193.9M
$1.3B
Q3 25
$92.2M
$1.5B
Q2 25
$24.7M
$-1.2B
Q1 25
$84.0M
$-315.0M
Q4 24
$75.3M
$1.5B
Q3 24
$7.2M
$-2.0B
Q2 24
$-39.0M
$752.0M
FCF Margin
BTSG
BTSG
MMM
MMM
Q1 26
33.6%
Q4 25
5.5%
21.8%
Q3 25
2.8%
23.6%
Q2 25
0.8%
-18.3%
Q1 25
2.9%
-5.3%
Q4 24
2.5%
25.4%
Q3 24
0.2%
-32.3%
Q2 24
-1.4%
12.0%
Capex Intensity
BTSG
BTSG
MMM
MMM
Q1 26
Q4 25
1.1%
4.0%
Q3 25
0.5%
3.3%
Q2 25
0.8%
3.3%
Q1 25
0.6%
4.0%
Q4 24
0.5%
4.8%
Q3 24
0.7%
3.9%
Q2 24
0.9%
4.3%
Cash Conversion
BTSG
BTSG
MMM
MMM
Q1 26
Q4 25
3.00×
2.74×
Q3 25
1.93×
2.11×
Q2 25
1.74×
-1.32×
Q1 25
3.44×
-0.07×
Q4 24
5.66×
2.50×
Q3 24
-1.30×
Q2 24
-0.76×
0.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTSG
BTSG

Medicare D$1.1B32%
Commercial Insurance$879.8M25%
Medicare C$641.2M18%
Provider Services$394.2M11%
Medicaid$301.4M8%
Medicare A$150.5M4%
Private And Other$44.0M1%
Medicare B$19.5M1%
Pharmacy Solutions And Provider Services Segments$19.0M1%

MMM
MMM

Safety and Industrial business segment$2.9B49%
Transportation and Electronics business segment$1.8B31%
Consumer business segment$1.1B19%
Corporate$121.0M2%

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