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Side-by-side financial comparison of Labcorp (LH) and Synchrony Financial (SYF). Click either name above to swap in a different company.

Synchrony Financial is the larger business by last-quarter revenue ($4.8B vs $3.5B, roughly 1.4× Labcorp). Synchrony Financial runs the higher net margin — 15.8% vs 4.7%, a 11.1% gap on every dollar of revenue. On growth, Labcorp posted the faster year-over-year revenue change (5.6% vs 3.7%). Over the past eight quarters, Labcorp's revenue compounded faster (5.2% CAGR vs 4.0%).

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.

Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries and consumers through Synchrony Bank, its wholly owned online bank subsidiary.

LH vs SYF — Head-to-Head

Bigger by revenue
SYF
SYF
1.4× larger
SYF
$4.8B
$3.5B
LH
Growing faster (revenue YoY)
LH
LH
+1.9% gap
LH
5.6%
3.7%
SYF
Higher net margin
SYF
SYF
11.1% more per $
SYF
15.8%
4.7%
LH
Faster 2-yr revenue CAGR
LH
LH
Annualised
LH
5.2%
4.0%
SYF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LH
LH
SYF
SYF
Revenue
$3.5B
$4.8B
Net Profit
$164.7M
$751.0M
Gross Margin
28.2%
Operating Margin
7.6%
20.0%
Net Margin
4.7%
15.8%
Revenue YoY
5.6%
3.7%
Net Profit YoY
14.9%
-3.0%
EPS (diluted)
$1.98
$2.03

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
SYF
SYF
Q4 25
$3.5B
$4.8B
Q3 25
$3.6B
$4.7B
Q2 25
$3.5B
$4.5B
Q1 25
$3.3B
$4.5B
Q4 24
$3.3B
$4.6B
Q3 24
$3.3B
$4.6B
Q2 24
$3.2B
$4.4B
Q1 24
$3.2B
$4.4B
Net Profit
LH
LH
SYF
SYF
Q4 25
$164.7M
$751.0M
Q3 25
$261.1M
$1.1B
Q2 25
$237.9M
$967.0M
Q1 25
$212.8M
$757.0M
Q4 24
$143.4M
$774.0M
Q3 24
$169.3M
$789.0M
Q2 24
$205.3M
$643.0M
Q1 24
$228.0M
$1.3B
Gross Margin
LH
LH
SYF
SYF
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%
Q1 24
28.2%
Operating Margin
LH
LH
SYF
SYF
Q4 25
7.6%
20.0%
Q3 25
11.1%
30.3%
Q2 25
11.2%
27.8%
Q1 25
9.7%
22.0%
Q4 24
6.5%
21.2%
Q3 24
7.7%
22.3%
Q2 24
9.2%
19.2%
Q1 24
10.1%
38.8%
Net Margin
LH
LH
SYF
SYF
Q4 25
4.7%
15.8%
Q3 25
7.3%
22.8%
Q2 25
6.7%
21.4%
Q1 25
6.4%
17.0%
Q4 24
4.3%
16.9%
Q3 24
5.2%
17.1%
Q2 24
6.4%
14.6%
Q1 24
7.2%
29.4%
EPS (diluted)
LH
LH
SYF
SYF
Q4 25
$1.98
$2.03
Q3 25
$3.12
$2.86
Q2 25
$2.84
$2.50
Q1 25
$2.52
$1.89
Q4 24
$1.72
$1.92
Q3 24
$2.00
$1.94
Q2 24
$2.43
$1.55
Q1 24
$2.69
$3.14

Balance Sheet & Financial Strength

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

Metric
LH
LH
SYF
SYF
Cash + ST InvestmentsLiquidity on hand
$532.3M
$15.0B
Total DebtLower is stronger
$15.2B
Stockholders' EquityBook value
$8.6B
$16.8B
Total Assets
$18.4B
$119.1B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LH
LH
SYF
SYF
Q4 25
$532.3M
$15.0B
Q3 25
$598.1M
$16.2B
Q2 25
$647.3M
$19.5B
Q1 25
$369.4M
$21.6B
Q4 24
$1.5B
$14.7B
Q3 24
$1.5B
$17.9B
Q2 24
$265.1M
$18.6B
Q1 24
$99.3M
$20.0B
Total Debt
LH
LH
SYF
SYF
Q4 25
$15.2B
Q3 25
$14.4B
Q2 25
$16.0B
Q1 25
$17.0B
Q4 24
$15.5B
Q3 24
$15.6B
Q2 24
$15.6B
Q1 24
$16.1B
Stockholders' Equity
LH
LH
SYF
SYF
Q4 25
$8.6B
$16.8B
Q3 25
$8.7B
$17.1B
Q2 25
$8.5B
$17.0B
Q1 25
$8.3B
$16.6B
Q4 24
$8.1B
$16.6B
Q3 24
$8.2B
$16.0B
Q2 24
$8.0B
$15.5B
Q1 24
$8.0B
$15.3B
Total Assets
LH
LH
SYF
SYF
Q4 25
$18.4B
$119.1B
Q3 25
$18.3B
$117.0B
Q2 25
$18.1B
$120.5B
Q1 25
$17.6B
$122.0B
Q4 24
$18.4B
$119.5B
Q3 24
$18.6B
$119.2B
Q2 24
$16.7B
$120.5B
Q1 24
$16.5B
$121.2B
Debt / Equity
LH
LH
SYF
SYF
Q4 25
0.91×
Q3 25
0.85×
Q2 25
0.94×
Q1 25
1.03×
Q4 24
0.93×
Q3 24
0.98×
Q2 24
1.01×
Q1 24
1.06×

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
SYF
SYF
Operating Cash FlowLast quarter
$614.2M
$2.5B
Free Cash FlowOCF − Capex
$490.3M
FCF MarginFCF / Revenue
13.9%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
3.73×
3.27×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LH
LH
SYF
SYF
Q4 25
$614.2M
$2.5B
Q3 25
$387.2M
$2.6B
Q2 25
$620.6M
$2.6B
Q1 25
$18.5M
$2.2B
Q4 24
$777.2M
$2.4B
Q3 24
$277.3M
$2.8B
Q2 24
$561.1M
$2.5B
Q1 24
$-29.8M
$2.2B
Free Cash Flow
LH
LH
SYF
SYF
Q4 25
$490.3M
Q3 25
$280.5M
Q2 25
$542.7M
Q1 25
$-107.5M
Q4 24
$665.1M
Q3 24
$161.5M
Q2 24
$432.9M
Q1 24
$-163.6M
FCF Margin
LH
LH
SYF
SYF
Q4 25
13.9%
Q3 25
7.9%
Q2 25
15.4%
Q1 25
-3.2%
Q4 24
20.0%
Q3 24
4.9%
Q2 24
13.4%
Q1 24
-5.2%
Capex Intensity
LH
LH
SYF
SYF
Q4 25
3.5%
Q3 25
3.0%
Q2 25
2.2%
Q1 25
3.8%
Q4 24
3.4%
Q3 24
3.5%
Q2 24
4.0%
Q1 24
4.2%
Cash Conversion
LH
LH
SYF
SYF
Q4 25
3.73×
3.27×
Q3 25
1.48×
2.45×
Q2 25
2.61×
2.65×
Q1 25
0.09×
2.91×
Q4 24
5.42×
3.04×
Q3 24
1.64×
3.50×
Q2 24
2.73×
3.86×
Q1 24
-0.13×
1.74×

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%

SYF
SYF

Segment breakdown not available.

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