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Side-by-side financial comparison of Genpact LTD (G) and M&T Bank (MTB). Click either name above to swap in a different company.

M&T Bank is the larger business by last-quarter revenue ($2.5B vs $1.3B, roughly 1.9× Genpact LTD). M&T Bank runs the higher net margin — 30.7% vs 10.8%, a 19.8% gap on every dollar of revenue. On growth, Genpact LTD posted the faster year-over-year revenue change (5.6% vs 3.8%). Over the past eight quarters, Genpact LTD's revenue compounded faster (8.0% CAGR vs 4.6%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

G vs MTB — Head-to-Head

Bigger by revenue
MTB
MTB
1.9× larger
MTB
$2.5B
$1.3B
G
Growing faster (revenue YoY)
G
G
+1.9% gap
G
5.6%
3.8%
MTB
Higher net margin
MTB
MTB
19.8% more per $
MTB
30.7%
10.8%
G
Faster 2-yr revenue CAGR
G
G
Annualised
G
8.0%
4.6%
MTB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
G
G
MTB
MTB
Revenue
$1.3B
$2.5B
Net Profit
$143.1M
$759.0M
Gross Margin
36.6%
Operating Margin
14.8%
39.2%
Net Margin
10.8%
30.7%
Revenue YoY
5.6%
3.8%
Net Profit YoY
0.8%
11.5%
EPS (diluted)
$0.82
$4.62

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
G
G
MTB
MTB
Q4 25
$1.3B
$2.5B
Q3 25
$1.3B
$2.5B
Q2 25
$1.3B
$2.4B
Q1 25
$1.2B
$2.3B
Q4 24
$1.2B
$2.4B
Q3 24
$1.2B
$2.3B
Q2 24
$1.2B
$2.3B
Q1 24
$1.1B
$2.3B
Net Profit
G
G
MTB
MTB
Q4 25
$143.1M
$759.0M
Q3 25
$145.8M
$792.0M
Q2 25
$132.7M
$716.0M
Q1 25
$130.9M
$584.0M
Q4 24
$141.9M
$681.0M
Q3 24
$132.8M
$721.0M
Q2 24
$122.0M
$655.0M
Q1 24
$116.9M
$531.0M
Gross Margin
G
G
MTB
MTB
Q4 25
36.6%
Q3 25
36.4%
Q2 25
35.9%
Q1 25
35.3%
Q4 24
35.7%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
35.0%
Operating Margin
G
G
MTB
MTB
Q4 25
14.8%
39.2%
Q3 25
14.8%
40.8%
Q2 25
14.3%
39.0%
Q1 25
15.1%
33.0%
Q4 24
15.2%
37.0%
Q3 24
15.0%
39.0%
Q2 24
14.5%
37.1%
Q1 24
14.1%
29.4%
Net Margin
G
G
MTB
MTB
Q4 25
10.8%
30.7%
Q3 25
11.3%
31.5%
Q2 25
10.6%
29.9%
Q1 25
10.8%
25.3%
Q4 24
11.4%
28.6%
Q3 24
11.0%
30.9%
Q2 24
10.4%
28.5%
Q1 24
10.3%
23.5%
EPS (diluted)
G
G
MTB
MTB
Q4 25
$0.82
$4.62
Q3 25
$0.83
$4.82
Q2 25
$0.75
$4.24
Q1 25
$0.73
$3.32
Q4 24
$0.80
$3.87
Q3 24
$0.74
$4.02
Q2 24
$0.67
$3.73
Q1 24
$0.64
$3.02

Balance Sheet & Financial Strength

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

Metric
G
G
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.5B
$10.9B
Stockholders' EquityBook value
$2.5B
$29.2B
Total Assets
$5.8B
$213.5B
Debt / EquityLower = less leverage
0.60×
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
MTB
MTB
Q4 25
$1.2B
Q3 25
$740.8M
Q2 25
$663.3M
Q1 25
$561.6M
Q4 24
$671.6M
Q3 24
$1.0B
Q2 24
$914.2M
Q1 24
$478.4M
Total Debt
G
G
MTB
MTB
Q4 25
$1.5B
$10.9B
Q3 25
$1.2B
$12.9B
Q2 25
$1.2B
$12.4B
Q1 25
$1.2B
$10.5B
Q4 24
$1.2B
$12.6B
Q3 24
$1.6B
$11.6B
Q2 24
$1.6B
$11.3B
Q1 24
$1.2B
$11.4B
Stockholders' Equity
G
G
MTB
MTB
Q4 25
$2.5B
$29.2B
Q3 25
$2.5B
$28.7B
Q2 25
$2.6B
$28.5B
Q1 25
$2.5B
$29.0B
Q4 24
$2.4B
$29.0B
Q3 24
$2.4B
$28.9B
Q2 24
$2.3B
$28.4B
Q1 24
$2.3B
$27.2B
Total Assets
G
G
MTB
MTB
Q4 25
$5.8B
$213.5B
Q3 25
$5.4B
$211.3B
Q2 25
$5.3B
$211.6B
Q1 25
$4.9B
$210.3B
Q4 24
$5.0B
$208.1B
Q3 24
$5.3B
$211.8B
Q2 24
$5.2B
$208.9B
Q1 24
$4.7B
$215.1B
Debt / Equity
G
G
MTB
MTB
Q4 25
0.60×
0.37×
Q3 25
0.47×
0.45×
Q2 25
0.47×
0.43×
Q1 25
0.50×
0.36×
Q4 24
0.51×
0.43×
Q3 24
0.68×
0.40×
Q2 24
0.70×
0.40×
Q1 24
0.54×
0.42×

Cash Flow & Capital Efficiency

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

Metric
G
G
MTB
MTB
Operating Cash FlowLast quarter
$286.7M
$3.0B
Free Cash FlowOCF − Capex
$269.0M
FCF MarginFCF / Revenue
20.4%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.00×
3.96×
TTM Free Cash FlowTrailing 4 quarters
$734.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
MTB
MTB
Q4 25
$286.7M
$3.0B
Q3 25
$308.4M
$1.0B
Q2 25
$177.4M
$844.0M
Q1 25
$40.4M
$635.0M
Q4 24
$203.2M
$3.6B
Q3 24
$228.5M
$-28.0M
Q2 24
$209.3M
$1.4B
Q1 24
$-25.6M
$608.0M
Free Cash Flow
G
G
MTB
MTB
Q4 25
$269.0M
Q3 25
$292.0M
Q2 25
$155.1M
Q1 25
$18.5M
Q4 24
$183.5M
Q3 24
$208.7M
Q2 24
$190.0M
Q1 24
$-49.6M
FCF Margin
G
G
MTB
MTB
Q4 25
20.4%
Q3 25
22.6%
Q2 25
12.4%
Q1 25
1.5%
Q4 24
14.7%
Q3 24
17.2%
Q2 24
16.2%
Q1 24
-4.4%
Capex Intensity
G
G
MTB
MTB
Q4 25
1.3%
Q3 25
1.3%
Q2 25
1.8%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.6%
Q2 24
1.6%
Q1 24
2.1%
Cash Conversion
G
G
MTB
MTB
Q4 25
2.00×
3.96×
Q3 25
2.11×
1.26×
Q2 25
1.34×
1.18×
Q1 25
0.31×
1.09×
Q4 24
1.43×
5.30×
Q3 24
1.72×
-0.04×
Q2 24
1.72×
2.07×
Q1 24
-0.22×
1.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

MTB
MTB

Segment breakdown not available.

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