vs

Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN). Click either name above to swap in a different company.

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP is the larger business by last-quarter revenue ($23.6M vs $23.1M, roughly 1.0× ADC Therapeutics SA). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 15.7%). Over the past eight quarters, ADC Therapeutics SA's revenue compounded faster (13.7% CAGR vs 8.9%).

ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

ADCT vs NEN — Head-to-Head

Bigger by revenue
NEN
NEN
1.0× larger
NEN
$23.6M
$23.1M
ADCT
Growing faster (revenue YoY)
ADCT
ADCT
+20.6% gap
ADCT
36.4%
15.7%
NEN
Faster 2-yr revenue CAGR
ADCT
ADCT
Annualised
ADCT
13.7%
8.9%
NEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADCT
ADCT
NEN
NEN
Revenue
$23.1M
$23.6M
Net Profit
$-1.4M
Gross Margin
Operating Margin
-77.7%
14.0%
Net Margin
-677.3%
Revenue YoY
36.4%
15.7%
Net Profit YoY
-133.0%
EPS (diluted)
$0.04

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
ADCT
ADCT
NEN
NEN
Q4 25
$23.1M
$23.6M
Q3 25
$15.8M
$23.7M
Q2 25
$18.1M
$21.2M
Q1 25
$17.4M
$20.7M
Q4 24
$16.9M
$20.4M
Q3 24
$18.0M
$20.2M
Q2 24
$17.0M
$20.1M
Q1 24
$17.8M
$19.9M
Net Profit
ADCT
ADCT
NEN
NEN
Q4 25
$-1.4M
Q3 25
$-41.0M
$-521.8K
Q2 25
$-56.6M
$4.1M
Q1 25
$-38.6M
$3.8M
Q4 24
$4.2M
Q3 24
$-44.0M
$3.9M
Q2 24
$-36.5M
$4.1M
Q1 24
$-46.6M
$3.5M
Operating Margin
ADCT
ADCT
NEN
NEN
Q4 25
-77.7%
14.0%
Q3 25
-196.6%
20.0%
Q2 25
-244.1%
33.3%
Q1 25
-163.5%
30.1%
Q4 24
-191.8%
32.4%
Q3 24
-197.4%
32.0%
Q2 24
-170.5%
32.6%
Q1 24
-188.3%
28.9%
Net Margin
ADCT
ADCT
NEN
NEN
Q4 25
-677.3%
Q3 25
-260.1%
-2.2%
Q2 25
-313.2%
19.5%
Q1 25
-221.8%
18.3%
Q4 24
20.7%
Q3 24
-244.1%
19.3%
Q2 24
-214.6%
20.3%
Q1 24
-261.1%
17.4%
EPS (diluted)
ADCT
ADCT
NEN
NEN
Q4 25
$0.04
Q3 25
$-0.30
Q2 25
$-0.50
Q1 25
$-0.36
Q4 24
$-0.26
Q3 24
$-0.42
Q2 24
$-0.38
Q1 24
$-0.56

Balance Sheet & Financial Strength

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

Metric
ADCT
ADCT
NEN
NEN
Cash + ST InvestmentsLiquidity on hand
$261.3M
$26.7M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$-185.8M
Total Assets
$323.1M
$505.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADCT
ADCT
NEN
NEN
Q4 25
$261.3M
$26.7M
Q3 25
$234.7M
$13.4M
Q2 25
$264.6M
$16.7M
Q1 25
$194.7M
$30.9M
Q4 24
$250.9M
$17.6M
Q3 24
$274.3M
$15.1M
Q2 24
$300.1M
$13.5M
Q1 24
$234.3M
$28.8M
Total Debt
ADCT
ADCT
NEN
NEN
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Stockholders' Equity
ADCT
ADCT
NEN
NEN
Q4 25
$-185.8M
Q3 25
$-238.2M
Q2 25
$-199.2M
Q1 25
$-238.2M
Q4 24
$-202.6M
Q3 24
$-171.9M
Q2 24
$-131.7M
Q1 24
$-194.4M
Total Assets
ADCT
ADCT
NEN
NEN
Q4 25
$323.1M
$505.3M
Q3 25
$289.8M
$492.9M
Q2 25
$321.6M
$494.8M
Q1 25
$272.5M
$385.2M
Q4 24
$322.0M
$393.5M
Q3 24
$349.1M
$387.4M
Q2 24
$371.8M
$383.7M
Q1 24
$308.0M
$381.2M

Cash Flow & Capital Efficiency

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

Metric
ADCT
ADCT
NEN
NEN
Operating Cash FlowLast quarter
$-31.1M
$27.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADCT
ADCT
NEN
NEN
Q4 25
$-31.1M
$27.7M
Q3 25
$-29.6M
$2.3M
Q2 25
$-24.1M
$12.5M
Q1 25
$-56.3M
$5.5M
Q4 24
$-21.9M
$31.9M
Q3 24
$-25.0M
$8.5M
Q2 24
$-32.8M
$5.4M
Q1 24
$-44.1M
$6.1M
Free Cash Flow
ADCT
ADCT
NEN
NEN
Q4 25
Q3 25
Q2 25
Q1 25
$-56.6M
Q4 24
$-21.9M
Q3 24
$-25.3M
Q2 24
$-32.9M
Q1 24
$-44.6M
FCF Margin
ADCT
ADCT
NEN
NEN
Q4 25
Q3 25
Q2 25
Q1 25
-325.2%
Q4 24
-129.8%
Q3 24
-140.2%
Q2 24
-193.0%
Q1 24
-250.0%
Capex Intensity
ADCT
ADCT
NEN
NEN
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
1.5%
Q4 24
0.5%
Q3 24
1.2%
Q2 24
0.2%
Q1 24
3.0%
Cash Conversion
ADCT
ADCT
NEN
NEN
Q4 25
Q3 25
Q2 25
3.02×
Q1 25
1.44×
Q4 24
7.57×
Q3 24
2.17×
Q2 24
1.32×
Q1 24
1.77×

Financial Flow Comparison

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

Related Comparisons