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Side-by-side financial comparison of Burlington Stores, Inc. (BURL) and Labcorp (LH). Click either name above to swap in a different company.

Labcorp is the larger business by last-quarter revenue ($3.5B vs $2.7B, roughly 1.3× Burlington Stores, Inc.). Labcorp runs the higher net margin — 4.7% vs 3.9%, a 0.8% gap on every dollar of revenue. On growth, Burlington Stores, Inc. posted the faster year-over-year revenue change (7.1% vs 5.6%). Labcorp produced more free cash flow last quarter ($490.3M vs $-109.6M). Over the past eight quarters, Labcorp's revenue compounded faster (5.2% CAGR vs -6.9%).

Burlington, formerly known as Burlington Coat Factory, is an American national off-price retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,138 stores in 46 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer...

Labcorp is a leading global life sciences and diagnostic testing firm that offers comprehensive clinical laboratory services, drug development support, and medical testing solutions for healthcare providers, pharmaceutical companies, and individual patients. It uses advanced scientific expertise and innovative technologies to deliver accurate, actionable health insights that support clinical decisions, accelerate new treatment development, and improve patient health outcomes globally.

BURL vs LH — Head-to-Head

Bigger by revenue
LH
LH
1.3× larger
LH
$3.5B
$2.7B
BURL
Growing faster (revenue YoY)
BURL
BURL
+1.5% gap
BURL
7.1%
5.6%
LH
Higher net margin
LH
LH
0.8% more per $
LH
4.7%
3.9%
BURL
More free cash flow
LH
LH
$599.9M more FCF
LH
$490.3M
$-109.6M
BURL
Faster 2-yr revenue CAGR
LH
LH
Annualised
LH
5.2%
-6.9%
BURL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BURL
BURL
LH
LH
Revenue
$2.7B
$3.5B
Net Profit
$104.8M
$164.7M
Gross Margin
44.2%
28.2%
Operating Margin
5.1%
7.6%
Net Margin
3.9%
4.7%
Revenue YoY
7.1%
5.6%
Net Profit YoY
15.6%
14.9%
EPS (diluted)
$1.63
$1.98

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
BURL
BURL
LH
LH
Q4 25
$2.7B
$3.5B
Q3 25
$2.7B
$3.6B
Q2 25
$2.5B
$3.5B
Q1 25
$3.3B
$3.3B
Q4 24
$2.5B
$3.3B
Q3 24
$2.5B
$3.3B
Q2 24
$2.4B
$3.2B
Q1 24
$3.1B
$3.2B
Net Profit
BURL
BURL
LH
LH
Q4 25
$104.8M
$164.7M
Q3 25
$94.2M
$261.1M
Q2 25
$100.8M
$237.9M
Q1 25
$260.8M
$212.8M
Q4 24
$90.6M
$143.4M
Q3 24
$73.8M
$169.3M
Q2 24
$78.5M
$205.3M
Q1 24
$227.5M
$228.0M
Gross Margin
BURL
BURL
LH
LH
Q4 25
44.2%
28.2%
Q3 25
43.7%
28.8%
Q2 25
43.8%
29.7%
Q1 25
42.9%
28.3%
Q4 24
43.9%
26.9%
Q3 24
42.8%
27.6%
Q2 24
43.5%
28.8%
Q1 24
42.7%
28.2%
Operating Margin
BURL
BURL
LH
LH
Q4 25
5.1%
7.6%
Q3 25
4.7%
11.1%
Q2 25
5.3%
11.2%
Q1 25
10.6%
9.7%
Q4 24
4.7%
6.5%
Q3 24
4.0%
7.7%
Q2 24
4.7%
9.2%
Q1 24
10.0%
10.1%
Net Margin
BURL
BURL
LH
LH
Q4 25
3.9%
4.7%
Q3 25
3.5%
7.3%
Q2 25
4.0%
6.7%
Q1 25
8.0%
6.4%
Q4 24
3.6%
4.3%
Q3 24
3.0%
5.2%
Q2 24
3.3%
6.4%
Q1 24
7.3%
7.2%
EPS (diluted)
BURL
BURL
LH
LH
Q4 25
$1.63
$1.98
Q3 25
$1.47
$3.12
Q2 25
$1.58
$2.84
Q1 25
$4.03
$2.52
Q4 24
$1.40
$1.72
Q3 24
$1.15
$2.00
Q2 24
$1.22
$2.43
Q1 24
$3.51
$2.69

Balance Sheet & Financial Strength

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

Metric
BURL
BURL
LH
LH
Cash + ST InvestmentsLiquidity on hand
$584.1M
$532.3M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$1.5B
$8.6B
Total Assets
$9.6B
$18.4B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BURL
BURL
LH
LH
Q4 25
$584.1M
$532.3M
Q3 25
$747.6M
$598.1M
Q2 25
$371.1M
$647.3M
Q1 25
$994.7M
$369.4M
Q4 24
$857.8M
$1.5B
Q3 24
$659.9M
$1.5B
Q2 24
$742.3M
$265.1M
Q1 24
$925.4M
$99.3M
Total Debt
BURL
BURL
LH
LH
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.4B
Stockholders' Equity
BURL
BURL
LH
LH
Q4 25
$1.5B
$8.6B
Q3 25
$1.4B
$8.7B
Q2 25
$1.4B
$8.5B
Q1 25
$1.4B
$8.3B
Q4 24
$1.1B
$8.1B
Q3 24
$1.1B
$8.2B
Q2 24
$1.0B
$8.0B
Q1 24
$996.9M
$8.0B
Total Assets
BURL
BURL
LH
LH
Q4 25
$9.6B
$18.4B
Q3 25
$9.3B
$18.3B
Q2 25
$8.5B
$18.1B
Q1 25
$8.8B
$17.6B
Q4 24
$8.4B
$18.4B
Q3 24
$7.8B
$18.6B
Q2 24
$7.7B
$16.7B
Q1 24
$7.7B
$16.5B
Debt / Equity
BURL
BURL
LH
LH
Q4 25
1.32×
Q3 25
1.40×
Q2 25
1.21×
Q1 25
1.12×
Q4 24
1.35×
Q3 24
1.15×
Q2 24
1.20×
Q1 24
1.40×

Cash Flow & Capital Efficiency

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

Metric
BURL
BURL
LH
LH
Operating Cash FlowLast quarter
$143.3M
$614.2M
Free Cash FlowOCF − Capex
$-109.6M
$490.3M
FCF MarginFCF / Revenue
-4.1%
13.9%
Capex IntensityCapex / Revenue
9.3%
3.5%
Cash ConversionOCF / Net Profit
1.37×
3.73×
TTM Free Cash FlowTrailing 4 quarters
$-358.5M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BURL
BURL
LH
LH
Q4 25
$143.3M
$614.2M
Q3 25
$179.4M
$387.2M
Q2 25
$-28.9M
$620.6M
Q1 25
$543.2M
$18.5M
Q4 24
$110.4M
$777.2M
Q3 24
$160.4M
$277.3M
Q2 24
$49.4M
$561.1M
Q1 24
$598.5M
$-29.8M
Free Cash Flow
BURL
BURL
LH
LH
Q4 25
$-109.6M
$490.3M
Q3 25
$-101.0K
$280.5M
Q2 25
$-438.6M
$542.7M
Q1 25
$189.8M
$-107.5M
Q4 24
$-56.2M
$665.1M
Q3 24
$-35.2M
$161.5M
Q2 24
$-115.5M
$432.9M
Q1 24
$410.3M
$-163.6M
FCF Margin
BURL
BURL
LH
LH
Q4 25
-4.1%
13.9%
Q3 25
-0.0%
7.9%
Q2 25
-17.5%
15.4%
Q1 25
5.8%
-3.2%
Q4 24
-2.2%
20.0%
Q3 24
-1.4%
4.9%
Q2 24
-4.9%
13.4%
Q1 24
13.1%
-5.2%
Capex Intensity
BURL
BURL
LH
LH
Q4 25
9.3%
3.5%
Q3 25
6.6%
3.0%
Q2 25
16.4%
2.2%
Q1 25
10.8%
3.8%
Q4 24
6.6%
3.4%
Q3 24
7.9%
3.5%
Q2 24
7.0%
4.0%
Q1 24
6.0%
4.2%
Cash Conversion
BURL
BURL
LH
LH
Q4 25
1.37×
3.73×
Q3 25
1.91×
1.48×
Q2 25
-0.29×
2.61×
Q1 25
2.08×
0.09×
Q4 24
1.22×
5.42×
Q3 24
2.18×
1.64×
Q2 24
0.63×
2.73×
Q1 24
2.63×
-0.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BURL
BURL

Segment breakdown not available.

LH
LH

Diagnostics$2.7B78%
Biopharma Laboratory Services$793.0M23%

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