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Side-by-side financial comparison of Arbutus Biopharma Corp (ABUS) and TEJON RANCH CO (TRC). Click either name above to swap in a different company.

TEJON RANCH CO is the larger business by last-quarter revenue ($21.1M vs $10.7M, roughly 2.0× Arbutus Biopharma Corp). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs 7.5%, a 16.0% gap on every dollar of revenue. On growth, Arbutus Biopharma Corp posted the faster year-over-year revenue change (522.2% vs 17.7%). Over the past eight quarters, TEJON RANCH CO's revenue compounded faster (68.8% CAGR vs -13.2%).

Arbutus Biopharma Corporation is a publicly traded Canadian biopharmaceutical company with an expertise in liposomal drug delivery and RNA interference, and is developing drugs for hepatitis B infection.

Tejon Ranch Company, based in Lebec, California, is one of the largest private landowners in California. The company was incorporated in 1936 to organize the ownership of a large tract of land that was consolidated from four Mexican land grants acquired in the 1850s and 1860s by ranch founder Edward Fitzgerald Beale.

ABUS vs TRC — Head-to-Head

Bigger by revenue
TRC
TRC
2.0× larger
TRC
$21.1M
$10.7M
ABUS
Growing faster (revenue YoY)
ABUS
ABUS
+504.5% gap
ABUS
522.2%
17.7%
TRC
Higher net margin
ABUS
ABUS
16.0% more per $
ABUS
23.5%
7.5%
TRC
Faster 2-yr revenue CAGR
TRC
TRC
Annualised
TRC
68.8%
-13.2%
ABUS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ABUS
ABUS
TRC
TRC
Revenue
$10.7M
$21.1M
Net Profit
$2.5M
$1.6M
Gross Margin
30.6%
Operating Margin
13.9%
10.9%
Net Margin
23.5%
7.5%
Revenue YoY
522.2%
17.7%
Net Profit YoY
112.7%
-64.7%
EPS (diluted)
$0.01
$0.05

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
ABUS
ABUS
TRC
TRC
Q4 25
$21.1M
Q3 25
$12.0M
Q2 25
$10.7M
$8.3M
Q1 25
$8.2M
Q4 24
$17.9M
Q3 24
$10.9M
Q2 24
$5.7M
Q1 24
$7.4M
Net Profit
ABUS
ABUS
TRC
TRC
Q4 25
$1.6M
Q3 25
$1.7M
Q2 25
$2.5M
$-1.7M
Q1 25
$-1.5M
Q4 24
$4.5M
Q3 24
$-1.8M
Q2 24
$957.0K
Q1 24
$-914.0K
Gross Margin
ABUS
ABUS
TRC
TRC
Q4 25
30.6%
Q3 25
28.4%
Q2 25
40.9%
Q1 25
15.0%
Q4 24
42.9%
Q3 24
22.9%
Q2 24
45.3%
Q1 24
0.3%
Operating Margin
ABUS
ABUS
TRC
TRC
Q4 25
10.9%
Q3 25
-16.9%
Q2 25
13.9%
-48.8%
Q1 25
-50.7%
Q4 24
11.9%
Q3 24
-34.9%
Q2 24
-62.4%
Q1 24
-53.8%
Net Margin
ABUS
ABUS
TRC
TRC
Q4 25
7.5%
Q3 25
14.0%
Q2 25
23.5%
-20.6%
Q1 25
-17.8%
Q4 24
25.0%
Q3 24
-16.9%
Q2 24
16.8%
Q1 24
-12.3%
EPS (diluted)
ABUS
ABUS
TRC
TRC
Q4 25
$0.05
Q3 25
$0.06
Q2 25
$0.01
$-0.06
Q1 25
$-0.05
Q4 24
$0.16
Q3 24
$-0.07
Q2 24
$0.04
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
TRC
TRC
Cash + ST InvestmentsLiquidity on hand
$37.4M
$9.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$475.2M
Total Assets
$103.3M
$630.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
TRC
TRC
Q4 25
$9.5M
Q3 25
$3.6M
Q2 25
$37.4M
$2.5M
Q1 25
$12.3M
Q4 24
$39.3M
Q3 24
$27.4M
Q2 24
$33.0M
Q1 24
$35.6M
Total Debt
ABUS
ABUS
TRC
TRC
Q4 25
Q3 25
Q2 25
$0
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABUS
ABUS
TRC
TRC
Q4 25
$475.2M
Q3 25
$473.2M
Q2 25
$83.0M
$471.5M
Q1 25
$472.5M
Q4 24
$473.6M
Q3 24
$468.3M
Q2 24
$469.2M
Q1 24
$467.4M
Total Assets
ABUS
ABUS
TRC
TRC
Q4 25
$630.5M
Q3 25
$629.6M
Q2 25
$103.3M
$618.5M
Q1 25
$614.6M
Q4 24
$608.0M
Q3 24
$598.0M
Q2 24
$590.8M
Q1 24
$581.6M
Debt / Equity
ABUS
ABUS
TRC
TRC
Q4 25
Q3 25
Q2 25
0.00×
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
ABUS
ABUS
TRC
TRC
Operating Cash FlowLast quarter
$-15.7M
$6.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-6.24×
3.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABUS
ABUS
TRC
TRC
Q4 25
$6.1M
Q3 25
$-2.4M
Q2 25
$-15.7M
$-381.0K
Q1 25
$-1.3M
Q4 24
$14.3M
Q3 24
$2.1M
Q2 24
$-1.8M
Q1 24
$777.0K
Free Cash Flow
ABUS
ABUS
TRC
TRC
Q4 25
Q3 25
$-14.6M
Q2 25
$-20.0M
Q1 25
$-18.9M
Q4 24
$-42.9M
Q3 24
$-16.8M
Q2 24
$-15.8M
Q1 24
$-7.3M
FCF Margin
ABUS
ABUS
TRC
TRC
Q4 25
Q3 25
-122.2%
Q2 25
-240.6%
Q1 25
-230.1%
Q4 24
-239.3%
Q3 24
-155.2%
Q2 24
-277.2%
Q1 24
-99.0%
Capex Intensity
ABUS
ABUS
TRC
TRC
Q4 25
Q3 25
102.3%
Q2 25
0.0%
236.0%
Q1 25
213.7%
Q4 24
319.1%
Q3 24
174.3%
Q2 24
245.5%
Q1 24
109.5%
Cash Conversion
ABUS
ABUS
TRC
TRC
Q4 25
3.88×
Q3 25
-1.43×
Q2 25
-6.24×
Q1 25
Q4 24
3.19×
Q3 24
Q2 24
-1.88×
Q1 24

Financial Flow Comparison

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

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