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

Truist Financial is the larger business by last-quarter revenue ($3.7B vs $3.5B, roughly 1.0× Labcorp). Truist Financial runs the higher net margin — 36.6% vs 7.9%, a 28.7% gap on every dollar of revenue. On growth, Labcorp posted the faster year-over-year revenue change (5.8% vs 3.1%). Over the past eight quarters, Labcorp's revenue compounded faster (4.8% CAGR vs 4.8%).

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.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust. Its bank operates 1,928 branches in 15 states and Washington, D.C., offering consumer, commercial, and investment banking, securities brokerage, asset management, mortgage, and insurance products and services. It is the tenth-largest bank in the United States, with $523 billion in assets.

LH vs TFC — Head-to-Head

Bigger by revenue
TFC
TFC
1.0× larger
TFC
$3.7B
$3.5B
LH
Growing faster (revenue YoY)
LH
LH
+2.7% gap
LH
5.8%
3.1%
TFC
Higher net margin
TFC
TFC
28.7% more per $
TFC
36.6%
7.9%
LH
Faster 2-yr revenue CAGR
LH
LH
Annualised
LH
4.8%
4.8%
TFC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LH
LH
TFC
TFC
Revenue
$3.5B
$3.7B
Net Profit
$277.8M
$1.4B
Gross Margin
28.7%
Operating Margin
10.8%
42.3%
Net Margin
7.9%
36.6%
Revenue YoY
5.8%
3.1%
Net Profit YoY
30.5%
6.1%
EPS (diluted)
$3.35
$1.01

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
TFC
TFC
Q1 26
$3.5B
Q4 25
$3.5B
$3.7B
Q3 25
$3.6B
$3.6B
Q2 25
$3.5B
$3.6B
Q1 25
$3.3B
$3.5B
Q4 24
$3.3B
$3.6B
Q3 24
$3.3B
$3.6B
Q2 24
$3.2B
$3.5B
Net Profit
LH
LH
TFC
TFC
Q1 26
$277.8M
Q4 25
$164.7M
$1.4B
Q3 25
$261.1M
$1.5B
Q2 25
$237.9M
$1.2B
Q1 25
$212.8M
$1.3B
Q4 24
$143.4M
$1.3B
Q3 24
$169.3M
$1.4B
Q2 24
$205.3M
$922.0M
Gross Margin
LH
LH
TFC
TFC
Q1 26
28.7%
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
TFC
TFC
Q1 26
10.8%
Q4 25
7.6%
42.3%
Q3 25
11.1%
47.9%
Q2 25
11.2%
42.2%
Q1 25
9.7%
43.8%
Q4 24
6.5%
43.3%
Q3 24
7.7%
47.5%
Q2 24
9.2%
-148.3%
Net Margin
LH
LH
TFC
TFC
Q1 26
7.9%
Q4 25
4.7%
36.6%
Q3 25
7.3%
40.0%
Q2 25
6.7%
34.6%
Q1 25
6.4%
36.0%
Q4 24
4.3%
35.5%
Q3 24
5.2%
40.0%
Q2 24
6.4%
26.1%
EPS (diluted)
LH
LH
TFC
TFC
Q1 26
$3.35
Q4 25
$1.98
$1.01
Q3 25
$3.12
$1.04
Q2 25
$2.84
$0.90
Q1 25
$2.52
$0.87
Q4 24
$1.72
$0.94
Q3 24
$2.00
$0.99
Q2 24
$2.43
$0.62

Balance Sheet & Financial Strength

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

Metric
LH
LH
TFC
TFC
Cash + ST InvestmentsLiquidity on hand
$981.1M
Total DebtLower is stronger
$5.8B
$42.0B
Stockholders' EquityBook value
$8.7B
$65.2B
Total Assets
$19.1B
$547.5B
Debt / EquityLower = less leverage
0.67×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LH
LH
TFC
TFC
Q1 26
$981.1M
Q4 25
$532.3M
Q3 25
$598.1M
Q2 25
$647.3M
Q1 25
$369.4M
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$265.1M
Total Debt
LH
LH
TFC
TFC
Q1 26
$5.8B
Q4 25
$42.0B
Q3 25
$41.7B
Q2 25
$44.4B
Q1 25
$32.0B
Q4 24
$35.0B
Q3 24
$36.8B
Q2 24
$34.6B
Stockholders' Equity
LH
LH
TFC
TFC
Q1 26
$8.7B
Q4 25
$8.6B
$65.2B
Q3 25
$8.7B
$65.6B
Q2 25
$8.5B
$64.8B
Q1 25
$8.3B
$64.6B
Q4 24
$8.1B
$63.7B
Q3 24
$8.2B
$65.7B
Q2 24
$8.0B
$63.8B
Total Assets
LH
LH
TFC
TFC
Q1 26
$19.1B
Q4 25
$18.4B
$547.5B
Q3 25
$18.3B
$543.9B
Q2 25
$18.1B
$543.8B
Q1 25
$17.6B
$535.9B
Q4 24
$18.4B
$531.2B
Q3 24
$18.6B
$523.4B
Q2 24
$16.7B
$519.9B
Debt / Equity
LH
LH
TFC
TFC
Q1 26
0.67×
Q4 25
0.64×
Q3 25
0.64×
Q2 25
0.69×
Q1 25
0.50×
Q4 24
0.55×
Q3 24
0.56×
Q2 24
0.54×

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
TFC
TFC
Operating Cash FlowLast quarter
$191.5M
$2.6B
Free Cash FlowOCF − Capex
$70.5M
FCF MarginFCF / Revenue
2.0%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
0.69×
1.91×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LH
LH
TFC
TFC
Q1 26
$191.5M
Q4 25
$614.2M
$2.6B
Q3 25
$387.2M
$1.5B
Q2 25
$620.6M
$914.0M
Q1 25
$18.5M
$746.0M
Q4 24
$777.2M
$775.0M
Q3 24
$277.3M
$1.5B
Q2 24
$561.1M
$845.0M
Free Cash Flow
LH
LH
TFC
TFC
Q1 26
$70.5M
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
FCF Margin
LH
LH
TFC
TFC
Q1 26
2.0%
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%
Capex Intensity
LH
LH
TFC
TFC
Q1 26
3.4%
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%
Cash Conversion
LH
LH
TFC
TFC
Q1 26
0.69×
Q4 25
3.73×
1.91×
Q3 25
1.48×
1.03×
Q2 25
2.61×
0.74×
Q1 25
0.09×
0.59×
Q4 24
5.42×
0.61×
Q3 24
1.64×
1.06×
Q2 24
2.73×
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LH
LH

Revenues$2.8B78%
Other$775.5M22%

TFC
TFC

Segment breakdown not available.

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