vs

Side-by-side financial comparison of Legence Corp. (LGN) and Noble Corp plc (NE). Click either name above to swap in a different company.

Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $708.0M, roughly 1.1× Legence Corp.). Noble Corp plc runs the higher net margin — 11.3% vs -0.1%, a 11.4% gap on every dollar of revenue. On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% vs -17.6%). Legence Corp. produced more free cash flow last quarter ($137.4M vs $35.4M).

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.

LGN vs NE — Head-to-Head

Bigger by revenue
NE
NE
1.1× larger
NE
$764.4M
$708.0M
LGN
Growing faster (revenue YoY)
LGN
LGN
+43.8% gap
LGN
26.2%
-17.6%
NE
Higher net margin
NE
NE
11.4% more per $
NE
11.3%
-0.1%
LGN
More free cash flow
LGN
LGN
$102.0M more FCF
LGN
$137.4M
$35.4M
NE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LGN
LGN
NE
NE
Revenue
$708.0M
$764.4M
Net Profit
$-576.0K
$86.6M
Gross Margin
20.9%
Operating Margin
5.3%
5.6%
Net Margin
-0.1%
11.3%
Revenue YoY
26.2%
-17.6%
Net Profit YoY
46.8%
-10.4%
EPS (diluted)
$-0.02
$0.54

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
LGN
LGN
NE
NE
Q4 25
$764.4M
Q3 25
$708.0M
$798.0M
Q2 25
$848.7M
Q1 25
$874.5M
Q4 24
$927.3M
Q3 24
$560.8M
$800.5M
Q2 24
$692.8M
Q1 24
$637.1M
Net Profit
LGN
LGN
NE
NE
Q4 25
$86.6M
Q3 25
$-576.0K
$-21.1M
Q2 25
$42.9M
Q1 25
$108.3M
Q4 24
$96.6M
Q3 24
$-1.1M
$61.2M
Q2 24
$195.0M
Q1 24
$95.5M
Gross Margin
LGN
LGN
NE
NE
Q4 25
Q3 25
20.9%
Q2 25
Q1 25
Q4 24
Q3 24
21.1%
Q2 24
Q1 24
Operating Margin
LGN
LGN
NE
NE
Q4 25
5.6%
Q3 25
5.3%
6.3%
Q2 25
15.9%
Q1 25
21.4%
Q4 24
18.4%
Q3 24
4.8%
14.4%
Q2 24
30.3%
Q1 24
16.9%
Net Margin
LGN
LGN
NE
NE
Q4 25
11.3%
Q3 25
-0.1%
-2.6%
Q2 25
5.1%
Q1 25
12.4%
Q4 24
10.4%
Q3 24
-0.2%
7.6%
Q2 24
28.1%
Q1 24
15.0%
EPS (diluted)
LGN
LGN
NE
NE
Q4 25
$0.54
Q3 25
$-0.02
$-0.13
Q2 25
$0.27
Q1 25
$0.67
Q4 24
$0.56
Q3 24
$0.40
Q2 24
$1.34
Q1 24
$0.66

Balance Sheet & Financial Strength

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

Metric
LGN
LGN
NE
NE
Cash + ST InvestmentsLiquidity on hand
$176.0M
$471.4M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$387.9M
$4.5B
Total Assets
$2.6B
$7.5B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGN
LGN
NE
NE
Q4 25
$471.4M
Q3 25
$176.0M
$477.9M
Q2 25
$338.2M
Q1 25
$303.8M
Q4 24
$247.3M
Q3 24
$391.9M
Q2 24
$162.9M
Q1 24
$212.5M
Total Debt
LGN
LGN
NE
NE
Q4 25
Q3 25
$812.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LGN
LGN
NE
NE
Q4 25
$4.5B
Q3 25
$387.9M
$4.5B
Q2 25
$4.6B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
$4.0B
Q1 24
$3.9B
Total Assets
LGN
LGN
NE
NE
Q4 25
$7.5B
Q3 25
$2.6B
$7.6B
Q2 25
$7.7B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$5.6B
Q1 24
$5.4B
Debt / Equity
LGN
LGN
NE
NE
Q4 25
Q3 25
2.10×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
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
LGN
LGN
NE
NE
Operating Cash FlowLast quarter
$162.1M
$187.1M
Free Cash FlowOCF − Capex
$137.4M
$35.4M
FCF MarginFCF / Revenue
19.4%
4.6%
Capex IntensityCapex / Revenue
3.5%
19.9%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$432.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGN
LGN
NE
NE
Q4 25
$187.1M
Q3 25
$162.1M
$277.1M
Q2 25
$216.4M
Q1 25
$271.1M
Q4 24
$136.2M
Q3 24
$283.8M
Q2 24
$106.8M
Q1 24
$128.7M
Free Cash Flow
LGN
LGN
NE
NE
Q4 25
$35.4M
Q3 25
$137.4M
$139.5M
Q2 25
$99.8M
Q1 25
$157.5M
Q4 24
$-4.4M
Q3 24
$156.8M
Q2 24
$-34.3M
Q1 24
$-37.9M
FCF Margin
LGN
LGN
NE
NE
Q4 25
4.6%
Q3 25
19.4%
17.5%
Q2 25
11.8%
Q1 25
18.0%
Q4 24
-0.5%
Q3 24
19.6%
Q2 24
-4.9%
Q1 24
-6.0%
Capex Intensity
LGN
LGN
NE
NE
Q4 25
19.9%
Q3 25
3.5%
17.3%
Q2 25
13.7%
Q1 25
13.0%
Q4 24
15.2%
Q3 24
15.9%
Q2 24
20.4%
Q1 24
26.2%
Cash Conversion
LGN
LGN
NE
NE
Q4 25
2.16×
Q3 25
Q2 25
5.05×
Q1 25
2.50×
Q4 24
1.41×
Q3 24
4.64×
Q2 24
0.55×
Q1 24
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

NE
NE

Floaters$559.8M73%
Jackups$145.5M19%
Service Other$59.1M8%

Related Comparisons