vs
Side-by-side financial comparison of CARTERS INC (CRI) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $757.8M, roughly 1.8× CARTERS INC). CARTERS INC runs the higher net margin — 1.5% vs -7.3%, a 8.8% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs -0.1%). Lineage, Inc. produced more free cash flow last quarter ($35.0M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
CRI vs LINE — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $1.4B |
| Net Profit | $11.6M | $-100.0M |
| Gross Margin | 45.1% | 32.3% |
| Operating Margin | 3.8% | 2.5% |
| Net Margin | 1.5% | -7.3% |
| Revenue YoY | -0.1% | 3.1% |
| Net Profit YoY | -80.1% | 79.4% |
| EPS (diluted) | $0.32 | $-0.44 |
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.
| Q3 25 | $757.8M | $1.4B | ||
| Q2 25 | $585.3M | $1.4B | ||
| Q1 25 | $629.8M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
| Q3 25 | $11.6M | $-100.0M | ||
| Q2 25 | $446.0K | $-6.0M | ||
| Q1 25 | $15.5M | $0 | ||
| Q4 24 | — | $-71.0M | ||
| Q3 24 | — | $-485.0M | ||
| Q2 24 | — | $-68.0M | ||
| Q1 24 | — | $-40.0M |
| Q3 25 | 45.1% | 32.3% | ||
| Q2 25 | 48.1% | 31.9% | ||
| Q1 25 | 46.2% | 32.2% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.4% |
| Q3 25 | 3.8% | 2.5% | ||
| Q2 25 | 0.7% | 1.7% | ||
| Q1 25 | 4.1% | 4.3% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | -38.6% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | 7.6% |
| Q3 25 | 1.5% | -7.3% | ||
| Q2 25 | 0.1% | -0.4% | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | — | -36.3% | ||
| Q2 24 | — | -5.1% | ||
| Q1 24 | — | -3.0% |
| Q3 25 | $0.32 | $-0.44 | ||
| Q2 25 | $0.01 | $-0.03 | ||
| Q1 25 | $0.43 | $0.01 | ||
| Q4 24 | — | $-0.52 | ||
| Q3 24 | — | $-2.44 | ||
| Q2 24 | — | $-0.46 | ||
| Q1 24 | — | $-0.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $864.6M | $8.4B |
| Total Assets | $2.5B | $19.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $184.2M | — | ||
| Q2 25 | $338.2M | — | ||
| Q1 25 | $320.8M | — | ||
| Q4 24 | — | $173.0M | ||
| Q3 24 | — | $409.0M | ||
| Q2 24 | — | $73.0M | ||
| Q1 24 | — | — |
| Q3 25 | $864.6M | $8.4B | ||
| Q2 25 | $853.9M | $8.6B | ||
| Q1 25 | $847.2M | $8.6B | ||
| Q4 24 | — | $8.6B | ||
| Q3 24 | — | $9.0B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $5.6B |
| Q3 25 | $2.5B | $19.2B | ||
| Q2 25 | $2.5B | $19.4B | ||
| Q1 25 | $2.3B | $18.8B | ||
| Q4 24 | — | $18.7B | ||
| Q3 24 | — | $19.3B | ||
| Q2 24 | — | $18.8B | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-128.0M | $230.0M |
| Free Cash FlowOCF − Capex | $-144.1M | $35.0M |
| FCF MarginFCF / Revenue | -19.0% | 2.5% |
| Capex IntensityCapex / Revenue | 2.1% | 14.2% |
| Cash ConversionOCF / Net Profit | -11.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-128.0M | $230.0M | ||
| Q2 25 | $40.3M | $258.0M | ||
| Q1 25 | $-48.6M | $139.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $186.0M | ||
| Q2 24 | — | $155.0M | ||
| Q1 24 | — | $105.0M |
| Q3 25 | $-144.1M | $35.0M | ||
| Q2 25 | $24.1M | $95.0M | ||
| Q1 25 | $-59.0M | $-12.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $-31.0M | ||
| Q1 24 | — | $-42.0M |
| Q3 25 | -19.0% | 2.5% | ||
| Q2 25 | 4.1% | 7.0% | ||
| Q1 25 | -9.4% | -0.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | -2.3% | ||
| Q1 24 | — | -3.2% |
| Q3 25 | 2.1% | 14.2% | ||
| Q2 25 | 2.8% | 12.1% | ||
| Q1 25 | 1.6% | 11.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 13.9% | ||
| Q1 24 | — | 11.1% |
| Q3 25 | -11.04× | — | ||
| Q2 25 | 90.37× | — | ||
| Q1 25 | -3.13× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
