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Side-by-side financial comparison of Legence Corp. (LGN) and Phoenix Asia Holdings Ltd (PHOE). Click either name above to swap in a different company.

Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $3.8M, roughly 186.8× Phoenix Asia Holdings Ltd). Phoenix Asia Holdings Ltd runs the higher net margin — 16.7% vs -0.1%, a 16.7% gap on every dollar of revenue.

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.

Phoenix Television is a majority state-owned television network that operates Mandarin and Cantonese-language channels serving mainland China, Hong Kong, Macau, and other regions with significant Chinese-speaking audiences. It is headquartered in Shenzhen and Hong Kong and is also registered in the Cayman Islands.

LGN vs PHOE — Head-to-Head

Bigger by revenue
LGN
LGN
186.8× larger
LGN
$708.0M
$3.8M
PHOE
Higher net margin
PHOE
PHOE
16.7% more per $
PHOE
16.7%
-0.1%
LGN

Income Statement — Q3 2025 vs Q2 2026

Metric
LGN
LGN
PHOE
PHOE
Revenue
$708.0M
$3.8M
Net Profit
$-576.0K
$631.4K
Gross Margin
20.9%
28.5%
Operating Margin
5.3%
19.8%
Net Margin
-0.1%
16.7%
Revenue YoY
26.2%
Net Profit YoY
46.8%
EPS (diluted)
$-0.02

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
PHOE
PHOE
Q3 25
$708.0M
$3.8M
Q3 24
$560.8M
Net Profit
LGN
LGN
PHOE
PHOE
Q3 25
$-576.0K
$631.4K
Q3 24
$-1.1M
Gross Margin
LGN
LGN
PHOE
PHOE
Q3 25
20.9%
28.5%
Q3 24
21.1%
Operating Margin
LGN
LGN
PHOE
PHOE
Q3 25
5.3%
19.8%
Q3 24
4.8%
Net Margin
LGN
LGN
PHOE
PHOE
Q3 25
-0.1%
16.7%
Q3 24
-0.2%
EPS (diluted)
LGN
LGN
PHOE
PHOE
Q3 25
$-0.02
Q3 24

Balance Sheet & Financial Strength

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

Metric
LGN
LGN
PHOE
PHOE
Cash + ST InvestmentsLiquidity on hand
$176.0M
$1.5M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$387.9M
$7.5M
Total Assets
$2.6B
$8.7M
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGN
LGN
PHOE
PHOE
Q3 25
$176.0M
$1.5M
Q3 24
Total Debt
LGN
LGN
PHOE
PHOE
Q3 25
$812.6M
Q3 24
Stockholders' Equity
LGN
LGN
PHOE
PHOE
Q3 25
$387.9M
$7.5M
Q3 24
Total Assets
LGN
LGN
PHOE
PHOE
Q3 25
$2.6B
$8.7M
Q3 24
Debt / Equity
LGN
LGN
PHOE
PHOE
Q3 25
2.10×
Q3 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
PHOE
PHOE
Operating Cash FlowLast quarter
$162.1M
Free Cash FlowOCF − Capex
$137.4M
FCF MarginFCF / Revenue
19.4%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGN
LGN
PHOE
PHOE
Q3 25
$162.1M
Q3 24
Free Cash Flow
LGN
LGN
PHOE
PHOE
Q3 25
$137.4M
Q3 24
FCF Margin
LGN
LGN
PHOE
PHOE
Q3 25
19.4%
Q3 24
Capex Intensity
LGN
LGN
PHOE
PHOE
Q3 25
3.5%
Q3 24

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%

PHOE
PHOE

Segment breakdown not available.

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