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Side-by-side financial comparison of BrightSpring Health Services, Inc. (BTSG) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $3.6B, roughly 1.0× BrightSpring Health Services, Inc.). State Street Corporation runs the higher net margin — 20.4% vs 2.2%, a 18.2% gap on every dollar of revenue. On growth, BrightSpring Health Services, Inc. posted the faster year-over-year revenue change (16.3% vs 7.5%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $193.9M). Over the past eight quarters, BrightSpring Health Services, Inc.'s revenue compounded faster (17.4% CAGR vs 8.1%).

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...

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

BTSG vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.0× larger
STT
$3.7B
$3.6B
BTSG
Growing faster (revenue YoY)
BTSG
BTSG
+8.8% gap
BTSG
16.3%
7.5%
STT
Higher net margin
STT
STT
18.2% more per $
STT
20.4%
2.2%
BTSG
More free cash flow
STT
STT
$9.6B more FCF
STT
$9.8B
$193.9M
BTSG
Faster 2-yr revenue CAGR
BTSG
BTSG
Annualised
BTSG
17.4%
8.1%
STT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTSG
BTSG
STT
STT
Revenue
$3.6B
$3.7B
Net Profit
$77.1M
$747.0M
Gross Margin
11.6%
Operating Margin
3.0%
25.0%
Net Margin
2.2%
20.4%
Revenue YoY
16.3%
7.5%
Net Profit YoY
381.8%
-4.6%
EPS (diluted)
$0.34
$2.41

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
STT
STT
Q4 25
$3.6B
$3.7B
Q3 25
$3.3B
$3.5B
Q2 25
$3.1B
$3.4B
Q1 25
$2.9B
$3.3B
Q4 24
$3.1B
$3.4B
Q3 24
$2.9B
$3.3B
Q2 24
$2.7B
$3.2B
Q1 24
$2.6B
$3.1B
Net Profit
BTSG
BTSG
STT
STT
Q4 25
$77.1M
$747.0M
Q3 25
$55.8M
$861.0M
Q2 25
$28.2M
$693.0M
Q1 25
$29.5M
$644.0M
Q4 24
$16.0M
$783.0M
Q3 24
$-8.2M
$730.0M
Q2 24
$19.9M
$711.0M
Q1 24
$-45.8M
$463.0M
Gross Margin
BTSG
BTSG
STT
STT
Q4 25
11.6%
Q3 25
11.8%
Q2 25
11.9%
Q1 25
11.8%
Q4 24
13.8%
Q3 24
14.0%
Q2 24
14.2%
Q1 24
14.3%
Operating Margin
BTSG
BTSG
STT
STT
Q4 25
3.0%
25.0%
Q3 25
2.6%
31.1%
Q2 25
1.5%
25.8%
Q1 25
1.8%
25.0%
Q4 24
2.6%
28.1%
Q3 24
2.0%
28.4%
Q2 24
2.3%
28.6%
Q1 24
0.3%
19.1%
Net Margin
BTSG
BTSG
STT
STT
Q4 25
2.2%
20.4%
Q3 25
1.7%
24.3%
Q2 25
0.9%
20.1%
Q1 25
1.0%
19.6%
Q4 24
0.5%
22.9%
Q3 24
-0.3%
22.4%
Q2 24
0.7%
22.3%
Q1 24
-1.8%
14.8%
EPS (diluted)
BTSG
BTSG
STT
STT
Q4 25
$0.34
$2.41
Q3 25
$0.26
$2.78
Q2 25
$0.13
$2.17
Q1 25
$0.14
$2.04
Q4 24
$0.11
$2.43
Q3 24
$-0.04
$2.26
Q2 24
$0.10
$2.15
Q1 24
$-0.26
$1.37

Balance Sheet & Financial Strength

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

Metric
BTSG
BTSG
STT
STT
Cash + ST InvestmentsLiquidity on hand
$88.4M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$1.9B
$27.8B
Total Assets
$6.4B
$366.0B
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTSG
BTSG
STT
STT
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
Q1 24
$58.0M
Total Debt
BTSG
BTSG
STT
STT
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.6B
Q3 24
$2.7B
Q2 24
$2.6B
Q1 24
$2.6B
Stockholders' Equity
BTSG
BTSG
STT
STT
Q4 25
$1.9B
$27.8B
Q3 25
$1.8B
$27.6B
Q2 25
$1.7B
$27.3B
Q1 25
$1.7B
$26.7B
Q4 24
$1.6B
$25.3B
Q3 24
$1.6B
$25.8B
Q2 24
$1.6B
$24.8B
Q1 24
$1.6B
$24.4B
Total Assets
BTSG
BTSG
STT
STT
Q4 25
$6.4B
$366.0B
Q3 25
$6.0B
$371.1B
Q2 25
$5.9B
$376.7B
Q1 25
$5.8B
$372.7B
Q4 24
$5.9B
$353.2B
Q3 24
$5.8B
$338.5B
Q2 24
$5.6B
$325.6B
Q1 24
$5.7B
$338.0B
Debt / Equity
BTSG
BTSG
STT
STT
Q4 25
1.34×
Q3 25
1.38×
Q2 25
1.45×
Q1 25
1.50×
Q4 24
1.58×
Q3 24
1.65×
Q2 24
1.63×
Q1 24
1.64×

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
STT
STT
Operating Cash FlowLast quarter
$231.6M
$10.0B
Free Cash FlowOCF − Capex
$193.9M
$9.8B
FCF MarginFCF / Revenue
5.5%
266.6%
Capex IntensityCapex / Revenue
1.1%
7.3%
Cash ConversionOCF / Net Profit
3.00×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$394.7M
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTSG
BTSG
STT
STT
Q4 25
$231.6M
$10.0B
Q3 25
$107.9M
$7.9B
Q2 25
$49.1M
$-8.4B
Q1 25
$101.6M
$2.4B
Q4 24
$90.6M
$-7.4B
Q3 24
$27.2M
$2.7B
Q2 24
$-15.2M
$-7.6B
Q1 24
$-78.9M
$-844.0M
Free Cash Flow
BTSG
BTSG
STT
STT
Q4 25
$193.9M
$9.8B
Q3 25
$92.2M
$7.7B
Q2 25
$24.7M
$-8.8B
Q1 25
$84.0M
$2.2B
Q4 24
$75.3M
$-7.7B
Q3 24
$7.2M
$2.5B
Q2 24
$-39.0M
$-7.9B
Q1 24
$-100.7M
$-1.1B
FCF Margin
BTSG
BTSG
STT
STT
Q4 25
5.5%
266.6%
Q3 25
2.8%
216.0%
Q2 25
0.8%
-254.1%
Q1 25
2.9%
66.1%
Q4 24
2.5%
-225.1%
Q3 24
0.2%
75.9%
Q2 24
-1.4%
-246.2%
Q1 24
-3.9%
-34.2%
Capex Intensity
BTSG
BTSG
STT
STT
Q4 25
1.1%
7.3%
Q3 25
0.5%
6.9%
Q2 25
0.8%
9.3%
Q1 25
0.6%
6.9%
Q4 24
0.5%
7.3%
Q3 24
0.7%
7.2%
Q2 24
0.9%
6.7%
Q1 24
0.8%
7.3%
Cash Conversion
BTSG
BTSG
STT
STT
Q4 25
3.00×
13.44×
Q3 25
1.93×
9.18×
Q2 25
1.74×
-12.18×
Q1 25
3.44×
3.72×
Q4 24
5.66×
-9.49×
Q3 24
3.71×
Q2 24
-0.76×
-10.75×
Q1 24
-1.82×

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%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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