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Side-by-side financial comparison of Charles River Laboratories (CRL) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.

NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $994.2M, roughly 1.2× Charles River Laboratories). NCR Atleos Corp runs the higher net margin — 7.2% vs -27.8%, a 35.0% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -0.8%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $58.6M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs -0.9%).

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

CRL vs NATL — Head-to-Head

Bigger by revenue
NATL
NATL
1.2× larger
NATL
$1.2B
$994.2M
CRL
Growing faster (revenue YoY)
NATL
NATL
+4.8% gap
NATL
4.0%
-0.8%
CRL
Higher net margin
NATL
NATL
35.0% more per $
NATL
7.2%
-27.8%
CRL
More free cash flow
NATL
NATL
$135.4M more FCF
NATL
$194.0M
$58.6M
CRL
Faster 2-yr revenue CAGR
NATL
NATL
Annualised
NATL
4.9%
-0.9%
CRL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRL
CRL
NATL
NATL
Revenue
$994.2M
$1.2B
Net Profit
$-276.6M
$83.0M
Gross Margin
Operating Margin
-28.5%
13.5%
Net Margin
-27.8%
7.2%
Revenue YoY
-0.8%
4.0%
Net Profit YoY
-28.9%
102.4%
EPS (diluted)
$-5.57
$1.09

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
CRL
CRL
NATL
NATL
Q4 25
$994.2M
$1.2B
Q3 25
$1.0B
$1.1B
Q2 25
$1.0B
$1.1B
Q1 25
$984.2M
$979.0M
Q4 24
$1.0B
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$1.0B
$1.1B
Q1 24
$1.0B
$1.0B
Net Profit
CRL
CRL
NATL
NATL
Q4 25
$-276.6M
$83.0M
Q3 25
$54.4M
$26.0M
Q2 25
$52.3M
$39.0M
Q1 25
$25.5M
$14.0M
Q4 24
$-214.5M
$41.0M
Q3 24
$69.7M
$21.0M
Q2 24
$94.1M
$27.0M
Q1 24
$73.0M
$-9.0M
Gross Margin
CRL
CRL
NATL
NATL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
34.6%
Q2 24
34.5%
Q1 24
34.1%
Operating Margin
CRL
CRL
NATL
NATL
Q4 25
-28.5%
13.5%
Q3 25
13.3%
9.8%
Q2 25
9.7%
10.8%
Q1 25
7.6%
9.5%
Q4 24
-16.7%
13.4%
Q3 24
11.6%
10.6%
Q2 24
14.8%
9.8%
Q1 24
12.5%
6.5%
Net Margin
CRL
CRL
NATL
NATL
Q4 25
-27.8%
7.2%
Q3 25
5.4%
2.3%
Q2 25
5.1%
3.5%
Q1 25
2.6%
1.4%
Q4 24
-21.4%
3.7%
Q3 24
6.9%
2.0%
Q2 24
9.2%
2.5%
Q1 24
7.2%
-0.9%
EPS (diluted)
CRL
CRL
NATL
NATL
Q4 25
$-5.57
$1.09
Q3 25
$1.10
$0.34
Q2 25
$1.06
$0.52
Q1 25
$0.50
$0.19
Q4 24
$-4.17
$0.56
Q3 24
$1.33
$0.28
Q2 24
$1.74
$0.37
Q1 24
$1.30
$-0.13

Balance Sheet & Financial Strength

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

Metric
CRL
CRL
NATL
NATL
Cash + ST InvestmentsLiquidity on hand
$213.8M
$456.0M
Total DebtLower is stronger
$2.1B
$2.7B
Stockholders' EquityBook value
$3.2B
$403.0M
Total Assets
$7.1B
$5.7B
Debt / EquityLower = less leverage
0.68×
6.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRL
CRL
NATL
NATL
Q4 25
$213.8M
$456.0M
Q3 25
$207.1M
$412.0M
Q2 25
$182.8M
$357.0M
Q1 25
$229.4M
$352.0M
Q4 24
$194.6M
$419.0M
Q3 24
$210.2M
$395.0M
Q2 24
$179.2M
$374.0M
Q1 24
$327.0M
$343.0M
Total Debt
CRL
CRL
NATL
NATL
Q4 25
$2.1B
$2.7B
Q3 25
$2.2B
$2.8B
Q2 25
$2.3B
$2.8B
Q1 25
$2.5B
Q4 24
$2.2B
$2.9B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.7B
Stockholders' Equity
CRL
CRL
NATL
NATL
Q4 25
$3.2B
$403.0M
Q3 25
$3.4B
$330.0M
Q2 25
$3.4B
$350.0M
Q1 25
$3.2B
$275.0M
Q4 24
$3.5B
$219.0M
Q3 24
$3.8B
$264.0M
Q2 24
$3.7B
$250.0M
Q1 24
$3.6B
$283.0M
Total Assets
CRL
CRL
NATL
NATL
Q4 25
$7.1B
$5.7B
Q3 25
$7.5B
$5.7B
Q2 25
$7.6B
$5.8B
Q1 25
$7.6B
$5.7B
Q4 24
$7.5B
$5.5B
Q3 24
$8.0B
$5.7B
Q2 24
$7.9B
$5.8B
Q1 24
$8.2B
$5.8B
Debt / Equity
CRL
CRL
NATL
NATL
Q4 25
0.68×
6.63×
Q3 25
0.64×
8.45×
Q2 25
0.70×
8.05×
Q1 25
0.79×
Q4 24
0.65×
13.05×
Q3 24
0.62×
Q2 24
0.65×
Q1 24
0.73×

Cash Flow & Capital Efficiency

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

Metric
CRL
CRL
NATL
NATL
Operating Cash FlowLast quarter
$147.5M
$231.0M
Free Cash FlowOCF − Capex
$58.6M
$194.0M
FCF MarginFCF / Revenue
5.9%
16.8%
Capex IntensityCapex / Revenue
8.9%
3.2%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$518.5M
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRL
CRL
NATL
NATL
Q4 25
$147.5M
$231.0M
Q3 25
$213.8M
$25.0M
Q2 25
$204.6M
$-23.0M
Q1 25
$171.7M
$123.0M
Q4 24
$159.4M
$80.0M
Q3 24
$251.8M
$107.0M
Q2 24
$193.5M
$9.0M
Q1 24
$129.9M
$148.0M
Free Cash Flow
CRL
CRL
NATL
NATL
Q4 25
$58.6M
$194.0M
Q3 25
$178.2M
$-5.0M
Q2 25
$169.3M
$-44.0M
Q1 25
$112.4M
$94.0M
Q4 24
$83.7M
$62.0M
Q3 24
$213.1M
$85.0M
Q2 24
$154.0M
$-14.0M
Q1 24
$50.7M
$124.0M
FCF Margin
CRL
CRL
NATL
NATL
Q4 25
5.9%
16.8%
Q3 25
17.7%
-0.4%
Q2 25
16.4%
-4.0%
Q1 25
11.4%
9.6%
Q4 24
8.4%
5.6%
Q3 24
21.1%
7.9%
Q2 24
15.0%
-1.3%
Q1 24
5.0%
11.9%
Capex Intensity
CRL
CRL
NATL
NATL
Q4 25
8.9%
3.2%
Q3 25
3.5%
2.7%
Q2 25
3.4%
1.9%
Q1 25
6.0%
3.0%
Q4 24
7.5%
1.6%
Q3 24
3.8%
2.1%
Q2 24
3.8%
2.1%
Q1 24
7.8%
2.3%
Cash Conversion
CRL
CRL
NATL
NATL
Q4 25
2.78×
Q3 25
3.93×
0.96×
Q2 25
3.91×
-0.59×
Q1 25
6.74×
8.79×
Q4 24
1.95×
Q3 24
3.61×
5.10×
Q2 24
2.06×
0.33×
Q1 24
1.78×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRL
CRL

Discovery And Safety Assessment Segment$591.6M60%
Manufacturing Support Segment$196.4M20%
Transferred At Point In Time$108.0M11%
Transferred Over Time$98.3M10%

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

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