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Side-by-side financial comparison of DLH Holdings Corp. (DLHC) and Stock Yards Bancorp, Inc. (SYBT). Click either name above to swap in a different company.

Stock Yards Bancorp, Inc. is the larger business by last-quarter revenue ($104.4M vs $68.9M, roughly 1.5× DLH Holdings Corp.). Stock Yards Bancorp, Inc. runs the higher net margin — 35.1% vs -1.9%, a 37.0% gap on every dollar of revenue. On growth, Stock Yards Bancorp, Inc. posted the faster year-over-year revenue change (11.7% vs -24.1%). Stock Yards Bancorp, Inc. produced more free cash flow last quarter ($154.0M vs $-4.8M). Over the past eight quarters, Stock Yards Bancorp, Inc.'s revenue compounded faster (11.9% CAGR vs -17.4%).

DLH Holdings Corp. is a U.S.-based provider of technology-enabled healthcare, logistics, engineering, and mission support services primarily serving federal government agencies including the Department of Veterans Affairs, Department of Defense, and Department of Health and Human Services, as well as select state and local government clients across core public service segments.

Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia. Community Trust Bancorp operates a commercial bank, Community Trust Bank, and a trust company, Community Trust and Investment Company of Lexington.

DLHC vs SYBT — Head-to-Head

Bigger by revenue
SYBT
SYBT
1.5× larger
SYBT
$104.4M
$68.9M
DLHC
Growing faster (revenue YoY)
SYBT
SYBT
+35.8% gap
SYBT
11.7%
-24.1%
DLHC
Higher net margin
SYBT
SYBT
37.0% more per $
SYBT
35.1%
-1.9%
DLHC
More free cash flow
SYBT
SYBT
$158.8M more FCF
SYBT
$154.0M
$-4.8M
DLHC
Faster 2-yr revenue CAGR
SYBT
SYBT
Annualised
SYBT
11.9%
-17.4%
DLHC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLHC
DLHC
SYBT
SYBT
Revenue
$68.9M
$104.4M
Net Profit
$-1.3M
$36.6M
Gross Margin
Operating Margin
2.1%
45.9%
Net Margin
-1.9%
35.1%
Revenue YoY
-24.1%
11.7%
Net Profit YoY
-218.7%
15.5%
EPS (diluted)
$-0.09
$1.24

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
DLHC
DLHC
SYBT
SYBT
Q4 25
$68.9M
$104.4M
Q3 25
$81.2M
$101.5M
Q2 25
$83.3M
$97.8M
Q1 25
$89.2M
$93.5M
Q4 24
$90.8M
$93.5M
Q3 24
$96.4M
$89.8M
Q2 24
$100.7M
$85.7M
Q1 24
$101.0M
$83.3M
Net Profit
DLHC
DLHC
SYBT
SYBT
Q4 25
$-1.3M
$36.6M
Q3 25
$-920.0K
$36.2M
Q2 25
$289.0K
$34.0M
Q1 25
$878.0K
$33.3M
Q4 24
$1.1M
$31.7M
Q3 24
$2.3M
$29.4M
Q2 24
$1.1M
$27.6M
Q1 24
$1.8M
$25.9M
Operating Margin
DLHC
DLHC
SYBT
SYBT
Q4 25
2.1%
45.9%
Q3 25
2.8%
45.0%
Q2 25
4.5%
43.9%
Q1 25
5.7%
44.5%
Q4 24
6.2%
41.9%
Q3 24
6.6%
41.2%
Q2 24
5.7%
41.2%
Q1 24
5.9%
39.5%
Net Margin
DLHC
DLHC
SYBT
SYBT
Q4 25
-1.9%
35.1%
Q3 25
-1.1%
35.7%
Q2 25
0.3%
34.8%
Q1 25
1.0%
35.6%
Q4 24
1.2%
33.9%
Q3 24
2.4%
32.7%
Q2 24
1.1%
32.2%
Q1 24
1.8%
31.1%
EPS (diluted)
DLHC
DLHC
SYBT
SYBT
Q4 25
$-0.09
$1.24
Q3 25
$-0.07
$1.23
Q2 25
$0.02
$1.15
Q1 25
$0.06
$1.13
Q4 24
$0.08
$1.07
Q3 24
$0.16
$1.00
Q2 24
$0.08
$0.94
Q1 24
$0.12
$0.88

Balance Sheet & Financial Strength

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

Metric
DLHC
DLHC
SYBT
SYBT
Cash + ST InvestmentsLiquidity on hand
$257.0K
Total DebtLower is stronger
$133.5M
$26.8M
Stockholders' EquityBook value
$112.2M
$1.1B
Total Assets
$283.5M
$9.5B
Debt / EquityLower = less leverage
1.19×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLHC
DLHC
SYBT
SYBT
Q4 25
$257.0K
Q3 25
$125.0K
Q2 25
$194.0K
Q1 25
$196.0K
Q4 24
$451.0K
Q3 24
$342.0K
Q2 24
$423.0K
Q1 24
$238.0K
Total Debt
DLHC
DLHC
SYBT
SYBT
Q4 25
$133.5M
$26.8M
Q3 25
$128.0M
$26.8M
Q2 25
$138.3M
Q1 25
$147.3M
$26.8M
Q4 24
$162.2M
$26.8M
Q3 24
$149.4M
$26.8M
Q2 24
$160.9M
$26.8M
Q1 24
$164.8M
$26.8M
Stockholders' Equity
DLHC
DLHC
SYBT
SYBT
Q4 25
$112.2M
$1.1B
Q3 25
$113.0M
$1.0B
Q2 25
$113.7M
$1.0B
Q1 25
$112.8M
$975.5M
Q4 24
$111.4M
$940.5M
Q3 24
$110.1M
$934.1M
Q2 24
$108.6M
$894.5M
Q1 24
$106.8M
$874.7M
Total Assets
DLHC
DLHC
SYBT
SYBT
Q4 25
$283.5M
$9.5B
Q3 25
$290.7M
$9.3B
Q2 25
$299.3M
$9.2B
Q1 25
$306.6M
$9.0B
Q4 24
$325.0M
$8.9B
Q3 24
$314.4M
$8.4B
Q2 24
$325.0M
$8.3B
Q1 24
$325.9M
$8.1B
Debt / Equity
DLHC
DLHC
SYBT
SYBT
Q4 25
1.19×
0.02×
Q3 25
1.13×
0.03×
Q2 25
1.22×
Q1 25
1.31×
0.03×
Q4 24
1.46×
0.03×
Q3 24
1.36×
0.03×
Q2 24
1.48×
0.03×
Q1 24
1.54×
0.03×

Cash Flow & Capital Efficiency

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

Metric
DLHC
DLHC
SYBT
SYBT
Operating Cash FlowLast quarter
$-4.8M
$166.0M
Free Cash FlowOCF − Capex
$-4.8M
$154.0M
FCF MarginFCF / Revenue
-7.0%
147.5%
Capex IntensityCapex / Revenue
0.1%
11.5%
Cash ConversionOCF / Net Profit
4.54×
TTM Free Cash FlowTrailing 4 quarters
$29.2M
$260.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLHC
DLHC
SYBT
SYBT
Q4 25
$-4.8M
$166.0M
Q3 25
$10.7M
$38.2M
Q2 25
$9.6M
$55.9M
Q1 25
$14.5M
$19.8M
Q4 24
$-11.5M
$142.9M
Q3 24
$12.4M
$55.4M
Q2 24
$4.6M
$51.1M
Q1 24
$5.2M
$17.4M
Free Cash Flow
DLHC
DLHC
SYBT
SYBT
Q4 25
$-4.8M
$154.0M
Q3 25
$10.7M
$35.2M
Q2 25
$9.4M
$53.5M
Q1 25
$14.0M
$17.8M
Q4 24
$-12.1M
$133.0M
Q3 24
$12.2M
$53.9M
Q2 24
$4.5M
$47.9M
Q1 24
$4.9M
$15.6M
FCF Margin
DLHC
DLHC
SYBT
SYBT
Q4 25
-7.0%
147.5%
Q3 25
13.1%
34.6%
Q2 25
11.2%
54.7%
Q1 25
15.6%
19.1%
Q4 24
-13.3%
142.3%
Q3 24
12.7%
60.0%
Q2 24
4.4%
55.9%
Q1 24
4.9%
18.7%
Capex Intensity
DLHC
DLHC
SYBT
SYBT
Q4 25
0.1%
11.5%
Q3 25
0.0%
3.0%
Q2 25
0.3%
2.5%
Q1 25
0.6%
2.1%
Q4 24
0.6%
10.5%
Q3 24
0.2%
1.7%
Q2 24
0.2%
3.8%
Q1 24
0.3%
2.2%
Cash Conversion
DLHC
DLHC
SYBT
SYBT
Q4 25
4.54×
Q3 25
1.05×
Q2 25
33.12×
1.64×
Q1 25
16.52×
0.59×
Q4 24
-10.35×
4.51×
Q3 24
5.42×
1.89×
Q2 24
4.06×
1.85×
Q1 24
2.89×
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLHC
DLHC

Sales Channel Directly To Consumer$64.5M94%
Sales Channel Through Intermediary$4.4M6%

SYBT
SYBT

Segment breakdown not available.

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