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Side-by-side financial comparison of ACME UNITED CORP (ACU) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

ACME UNITED CORP is the larger business by last-quarter revenue ($52.3M vs $26.9M, roughly 1.9× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 1.9%, a 37.4% gap on every dollar of revenue. On growth, WEST BANCORPORATION INC posted the faster year-over-year revenue change (16.6% vs 13.8%). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% CAGR vs -2.9%).

Acme United Corporation is a supplier of cutting, measuring and safety products for the school, home, office, hardware and industrial markets. The company was organized as a partnership in 1867 and incorporated in 1873 under the laws of the State of Connecticut. It is publicly traded on the NYSE American with symbol ACU.

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

ACU vs WTBA — Head-to-Head

Bigger by revenue
ACU
ACU
1.9× larger
ACU
$52.3M
$26.9M
WTBA
Growing faster (revenue YoY)
WTBA
WTBA
+2.8% gap
WTBA
16.6%
13.8%
ACU
Higher net margin
WTBA
WTBA
37.4% more per $
WTBA
39.2%
1.9%
ACU
Faster 2-yr revenue CAGR
WTBA
WTBA
Annualised
WTBA
17.3%
-2.9%
ACU

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ACU
ACU
WTBA
WTBA
Revenue
$52.3M
$26.9M
Net Profit
$985.0K
$10.6M
Gross Margin
39.7%
Operating Margin
3.3%
50.0%
Net Margin
1.9%
39.2%
Revenue YoY
13.8%
16.6%
Net Profit YoY
-40.4%
34.8%
EPS (diluted)
$0.24
$0.61

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
ACU
ACU
WTBA
WTBA
Q1 26
$52.3M
$26.9M
Q4 25
$47.5M
$24.2M
Q3 25
$49.1M
$25.0M
Q2 25
$54.0M
$23.8M
Q1 25
$46.0M
$23.1M
Q4 24
$45.9M
$20.9M
Q3 24
$48.2M
$20.3M
Q2 24
$55.4M
$19.6M
Net Profit
ACU
ACU
WTBA
WTBA
Q1 26
$985.0K
$10.6M
Q4 25
$1.9M
$7.4M
Q3 25
$1.9M
$9.3M
Q2 25
$4.8M
$8.0M
Q1 25
$1.7M
$7.8M
Q4 24
$1.7M
$7.1M
Q3 24
$2.2M
$6.0M
Q2 24
$4.5M
$5.2M
Gross Margin
ACU
ACU
WTBA
WTBA
Q1 26
39.7%
Q4 25
38.2%
Q3 25
39.1%
Q2 25
41.0%
Q1 25
39.0%
Q4 24
38.7%
Q3 24
38.5%
Q2 24
40.8%
Operating Margin
ACU
ACU
WTBA
WTBA
Q1 26
3.3%
50.0%
Q4 25
6.1%
39.6%
Q3 25
6.1%
45.8%
Q2 25
11.8%
43.4%
Q1 25
5.3%
43.4%
Q4 24
5.0%
30.9%
Q3 24
6.1%
36.6%
Q2 24
11.5%
32.6%
Net Margin
ACU
ACU
WTBA
WTBA
Q1 26
1.9%
39.2%
Q4 25
3.9%
30.7%
Q3 25
3.9%
37.3%
Q2 25
8.8%
33.5%
Q1 25
3.6%
34.0%
Q4 24
3.7%
34.0%
Q3 24
4.6%
29.3%
Q2 24
8.0%
26.5%
EPS (diluted)
ACU
ACU
WTBA
WTBA
Q1 26
$0.24
$0.61
Q4 25
$0.46
$0.44
Q3 25
$0.46
$0.55
Q2 25
$1.16
$0.47
Q1 25
$0.41
$0.46
Q4 24
$0.43
$0.41
Q3 24
$0.54
$0.35
Q2 24
$1.09
$0.31

Balance Sheet & Financial Strength

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

Metric
ACU
ACU
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$4.2M
$362.0M
Total DebtLower is stronger
$33.0M
Stockholders' EquityBook value
$116.7M
$270.7M
Total Assets
$195.2M
$4.0B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACU
ACU
WTBA
WTBA
Q1 26
$4.2M
$362.0M
Q4 25
$3.6M
$471.1M
Q3 25
$5.1M
$232.9M
Q2 25
$3.6M
$345.2M
Q1 25
$3.4M
Q4 24
$6.4M
$243.5M
Q3 24
$5.7M
Q2 24
$3.8M
Total Debt
ACU
ACU
WTBA
WTBA
Q1 26
$33.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ACU
ACU
WTBA
WTBA
Q1 26
$116.7M
$270.7M
Q4 25
$117.6M
$266.0M
Q3 25
$115.8M
$255.1M
Q2 25
$113.7M
$240.9M
Q1 25
$108.3M
$237.9M
Q4 24
$107.0M
$227.9M
Q3 24
$106.3M
$235.4M
Q2 24
$104.0M
$223.9M
Total Assets
ACU
ACU
WTBA
WTBA
Q1 26
$195.2M
$4.0B
Q4 25
$171.0M
$4.1B
Q3 25
$173.0M
$4.0B
Q2 25
$170.9M
$4.1B
Q1 25
$163.0M
$4.0B
Q4 24
$162.2M
$4.0B
Q3 24
$165.5M
$4.0B
Q2 24
$173.5M
$4.0B
Debt / Equity
ACU
ACU
WTBA
WTBA
Q1 26
0.28×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ACU
ACU
WTBA
WTBA
Operating Cash FlowLast quarter
$12.9M
Free Cash FlowOCF − Capex
$12.4M
FCF MarginFCF / Revenue
46.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACU
ACU
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$8.2M
$46.5M
Q3 25
$7.1M
$11.4M
Q2 25
$6.3M
$13.5M
Q1 25
$-3.3M
$9.7M
Q4 24
$6.4M
$39.8M
Q3 24
$8.9M
$12.9M
Q2 24
$6.9M
$10.0M
Free Cash Flow
ACU
ACU
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$7.3M
$43.2M
Q3 25
$301.0K
$10.8M
Q2 25
$4.7M
$12.8M
Q1 25
$-4.7M
$8.3M
Q4 24
$4.7M
$13.7M
Q3 24
$7.5M
$7.0M
Q2 24
$4.4M
$2.7M
FCF Margin
ACU
ACU
WTBA
WTBA
Q1 26
46.0%
Q4 25
15.3%
178.3%
Q3 25
0.6%
43.0%
Q2 25
8.7%
53.6%
Q1 25
-10.2%
35.7%
Q4 24
10.2%
65.6%
Q3 24
15.6%
34.2%
Q2 24
8.0%
14.0%
Capex Intensity
ACU
ACU
WTBA
WTBA
Q1 26
1.8%
Q4 25
1.9%
13.7%
Q3 25
13.8%
2.6%
Q2 25
3.0%
3.2%
Q1 25
2.9%
6.5%
Q4 24
3.7%
125.3%
Q3 24
2.8%
29.4%
Q2 24
4.5%
37.1%
Cash Conversion
ACU
ACU
WTBA
WTBA
Q1 26
1.22×
Q4 25
4.34×
6.26×
Q3 25
3.72×
1.23×
Q2 25
1.33×
1.70×
Q1 25
-2.02×
1.24×
Q4 24
3.73×
5.61×
Q3 24
3.99×
2.17×
Q2 24
1.55×
1.93×

Financial Flow Comparison

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

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