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Side-by-side financial comparison of Labcorp (LH) and Public Service Enterprise Group (PEG). Click either name above to swap in a different company.

Labcorp is the larger business by last-quarter revenue ($3.5B vs $1.5B, roughly 2.4× Public Service Enterprise Group). Public Service Enterprise Group runs the higher net margin — 50.6% vs 4.7%, a 45.9% gap on every dollar of revenue. On growth, Public Service Enterprise Group posted the faster year-over-year revenue change (7.0% vs 5.6%). Over the past eight quarters, Labcorp's revenue compounded faster (5.2% CAGR vs -22.3%).

Labcorp is a leading global life sciences and diagnostic testing firm that offers comprehensive clinical laboratory services, drug development support, and medical testing solutions for healthcare providers, pharmaceutical companies, and individual patients. It uses advanced scientific expertise and innovative technologies to deliver accurate, actionable health insights that support clinical decisions, accelerate new treatment development, and improve patient health outcomes globally.

The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded energy company based in Newark, New Jersey, where it has been based since its founding. It was founded in 1985, with its roots tracing back to 1903.

LH vs PEG — Head-to-Head

Bigger by revenue
LH
LH
2.4× larger
LH
$3.5B
$1.5B
PEG
Growing faster (revenue YoY)
PEG
PEG
+1.4% gap
PEG
7.0%
5.6%
LH
Higher net margin
PEG
PEG
45.9% more per $
PEG
50.6%
4.7%
LH
Faster 2-yr revenue CAGR
LH
LH
Annualised
LH
5.2%
-22.3%
PEG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LH
LH
PEG
PEG
Revenue
$3.5B
$1.5B
Net Profit
$164.7M
$741.0M
Gross Margin
28.2%
Operating Margin
7.6%
73.4%
Net Margin
4.7%
50.6%
Revenue YoY
5.6%
7.0%
Net Profit YoY
14.9%
25.8%
EPS (diluted)
$1.98

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
LH
LH
PEG
PEG
Q1 26
$1.5B
Q4 25
$3.5B
$2.9B
Q3 25
$3.6B
$3.2B
Q2 25
$3.5B
$2.8B
Q1 25
$3.3B
$3.2B
Q4 24
$3.3B
$2.5B
Q3 24
$3.3B
$2.6B
Q2 24
$3.2B
$2.4B
Net Profit
LH
LH
PEG
PEG
Q1 26
$741.0M
Q4 25
$164.7M
$315.0M
Q3 25
$261.1M
$622.0M
Q2 25
$237.9M
$585.0M
Q1 25
$212.8M
$589.0M
Q4 24
$143.4M
$286.0M
Q3 24
$169.3M
$520.0M
Q2 24
$205.3M
$434.0M
Gross Margin
LH
LH
PEG
PEG
Q1 26
Q4 25
28.2%
Q3 25
28.8%
Q2 25
29.7%
Q1 25
28.3%
Q4 24
26.9%
Q3 24
27.6%
Q2 24
28.8%
Operating Margin
LH
LH
PEG
PEG
Q1 26
73.4%
Q4 25
7.6%
17.5%
Q3 25
11.1%
26.5%
Q2 25
11.2%
29.1%
Q1 25
9.7%
24.7%
Q4 24
6.5%
18.1%
Q3 24
7.7%
24.3%
Q2 24
9.2%
24.0%
Net Margin
LH
LH
PEG
PEG
Q1 26
50.6%
Q4 25
4.7%
10.8%
Q3 25
7.3%
19.3%
Q2 25
6.7%
20.9%
Q1 25
6.4%
18.3%
Q4 24
4.3%
11.6%
Q3 24
5.2%
19.7%
Q2 24
6.4%
17.9%
EPS (diluted)
LH
LH
PEG
PEG
Q1 26
Q4 25
$1.98
$0.63
Q3 25
$3.12
$1.24
Q2 25
$2.84
$1.17
Q1 25
$2.52
$1.18
Q4 24
$1.72
$0.57
Q3 24
$2.00
$1.04
Q2 24
$2.43
$0.87

Balance Sheet & Financial Strength

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

Metric
LH
LH
PEG
PEG
Cash + ST InvestmentsLiquidity on hand
$532.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.6B
$17.3M
Total Assets
$18.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LH
LH
PEG
PEG
Q1 26
Q4 25
$532.3M
$132.0M
Q3 25
$598.1M
$334.0M
Q2 25
$647.3M
$186.0M
Q1 25
$369.4M
$894.0M
Q4 24
$1.5B
$125.0M
Q3 24
$1.5B
$203.0M
Q2 24
$265.1M
$113.0M
Total Debt
LH
LH
PEG
PEG
Q1 26
Q4 25
$22.5B
Q3 25
$22.5B
Q2 25
$22.6B
Q1 25
$23.0B
Q4 24
$21.1B
Q3 24
$21.4B
Q2 24
$20.5B
Stockholders' Equity
LH
LH
PEG
PEG
Q1 26
$17.3M
Q4 25
$8.6B
$17.0B
Q3 25
$8.7B
$17.0B
Q2 25
$8.5B
$16.7B
Q1 25
$8.3B
$16.4B
Q4 24
$8.1B
$16.1B
Q3 24
$8.2B
$16.1B
Q2 24
$8.0B
$15.8B
Total Assets
LH
LH
PEG
PEG
Q1 26
Q4 25
$18.4B
$57.6B
Q3 25
$18.3B
$56.9B
Q2 25
$18.1B
$56.0B
Q1 25
$17.6B
$55.6B
Q4 24
$18.4B
$54.6B
Q3 24
$18.6B
$54.1B
Q2 24
$16.7B
$52.4B
Debt / Equity
LH
LH
PEG
PEG
Q1 26
Q4 25
1.33×
Q3 25
1.33×
Q2 25
1.36×
Q1 25
1.40×
Q4 24
1.31×
Q3 24
1.33×
Q2 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
LH
LH
PEG
PEG
Operating Cash FlowLast quarter
$614.2M
Free Cash FlowOCF − Capex
$490.3M
FCF MarginFCF / Revenue
13.9%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
3.73×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LH
LH
PEG
PEG
Q1 26
Q4 25
$614.2M
$721.0M
Q3 25
$387.2M
$1.1B
Q2 25
$620.6M
$478.0M
Q1 25
$18.5M
$1.0B
Q4 24
$777.2M
$367.0M
Q3 24
$277.3M
$623.0M
Q2 24
$561.1M
$482.0M
Free Cash Flow
LH
LH
PEG
PEG
Q1 26
Q4 25
$490.3M
$-408.0M
Q3 25
$280.5M
$322.0M
Q2 25
$542.7M
$-309.0M
Q1 25
$-107.5M
$421.0M
Q4 24
$665.1M
$-611.0M
Q3 24
$161.5M
$-145.0M
Q2 24
$432.9M
$-355.0M
FCF Margin
LH
LH
PEG
PEG
Q1 26
Q4 25
13.9%
-14.0%
Q3 25
7.9%
10.0%
Q2 25
15.4%
-11.0%
Q1 25
-3.2%
13.1%
Q4 24
20.0%
-24.8%
Q3 24
4.9%
-5.5%
Q2 24
13.4%
-14.7%
Capex Intensity
LH
LH
PEG
PEG
Q1 26
Q4 25
3.5%
38.7%
Q3 25
3.0%
22.6%
Q2 25
2.2%
28.1%
Q1 25
3.8%
19.5%
Q4 24
3.4%
39.7%
Q3 24
3.5%
29.1%
Q2 24
4.0%
34.5%
Cash Conversion
LH
LH
PEG
PEG
Q1 26
Q4 25
3.73×
2.29×
Q3 25
1.48×
1.69×
Q2 25
2.61×
0.82×
Q1 25
0.09×
1.78×
Q4 24
5.42×
1.28×
Q3 24
1.64×
1.20×
Q2 24
2.73×
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LH
LH

Diagnostics$2.7B78%
Biopharma Laboratory Services$793.0M23%

PEG
PEG

Residential Sales$792.0M54%
Commercial & Industrial$511.0M35%
Other$161.0M11%

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