vs

Side-by-side financial comparison of ALEXANDERS INC (ALX) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.

OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $53.3M, roughly 1.7× ALEXANDERS INC). On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs -4.7%). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs -6.9%).

Alexander's, Inc. is a real estate investment trust that owns 7 properties in New York metropolitan area, including 731 Lexington Avenue, the headquarters of Bloomberg L.P. It is controlled by Vornado Realty Trust. It was founded by George Farkas and Louis Schwadron in 1928.

OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.

ALX vs OPAL — Head-to-Head

Bigger by revenue
OPAL
OPAL
1.7× larger
OPAL
$88.4M
$53.3M
ALX
Growing faster (revenue YoY)
OPAL
OPAL
+23.5% gap
OPAL
18.7%
-4.7%
ALX
Faster 2-yr revenue CAGR
OPAL
OPAL
Annualised
OPAL
17.6%
-6.9%
ALX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALX
ALX
OPAL
OPAL
Revenue
$53.3M
$88.4M
Net Profit
$16.2M
Gross Margin
Operating Margin
7.5%
Net Margin
18.3%
Revenue YoY
-4.7%
18.7%
Net Profit YoY
401.5%
EPS (diluted)
$0.75
$0.08

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
ALX
ALX
OPAL
OPAL
Q4 25
$53.3M
$88.4M
Q3 25
$53.4M
$77.9M
Q2 25
$51.6M
$77.4M
Q1 25
$54.9M
$83.0M
Q4 24
$55.9M
$74.5M
Q3 24
$55.7M
$82.6M
Q2 24
$53.4M
$69.8M
Q1 24
$61.4M
$64.0M
Net Profit
ALX
ALX
OPAL
OPAL
Q4 25
$16.2M
Q3 25
$6.0M
$11.4M
Q2 25
$6.1M
$7.6M
Q1 25
$12.3M
$1.3M
Q4 24
$-5.4M
Q3 24
$6.7M
$17.1M
Q2 24
$8.4M
$1.9M
Q1 24
$16.1M
$677.0K
Operating Margin
ALX
ALX
OPAL
OPAL
Q4 25
7.5%
Q3 25
4.6%
Q2 25
-1.1%
Q1 25
-2.3%
Q4 24
-0.5%
Q3 24
14.9%
Q2 24
8.1%
Q1 24
5.6%
Net Margin
ALX
ALX
OPAL
OPAL
Q4 25
18.3%
Q3 25
11.2%
14.6%
Q2 25
11.9%
9.8%
Q1 25
22.4%
1.5%
Q4 24
-7.2%
Q3 24
12.0%
20.7%
Q2 24
15.7%
2.7%
Q1 24
26.2%
1.1%
EPS (diluted)
ALX
ALX
OPAL
OPAL
Q4 25
$0.75
$0.08
Q3 25
$1.16
$0.05
Q2 25
$1.19
$0.03
Q1 25
$2.40
$-0.01
Q4 24
$2.39
$-0.05
Q3 24
$1.30
$0.09
Q2 24
$1.63
$-0.01
Q1 24
$3.14
$-0.01

Balance Sheet & Financial Strength

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

Metric
ALX
ALX
OPAL
OPAL
Cash + ST InvestmentsLiquidity on hand
$128.2M
$24.4M
Total DebtLower is stronger
$361.3M
Stockholders' EquityBook value
$109.2M
$-12.9M
Total Assets
$1.1B
$959.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALX
ALX
OPAL
OPAL
Q4 25
$128.2M
$24.4M
Q3 25
$286.1M
$29.9M
Q2 25
$313.0M
$29.3M
Q1 25
$319.9M
$40.1M
Q4 24
$338.5M
$24.3M
Q3 24
$354.8M
$31.0M
Q2 24
$410.9M
$27.6M
Q1 24
$526.3M
$34.2M
Total Debt
ALX
ALX
OPAL
OPAL
Q4 25
$361.3M
Q3 25
$351.2M
Q2 25
$331.6M
Q1 25
$307.0M
Q4 24
$307.5M
Q3 24
$252.9M
Q2 24
$233.3M
Q1 24
$208.7M
Stockholders' Equity
ALX
ALX
OPAL
OPAL
Q4 25
$109.2M
$-12.9M
Q3 25
$128.3M
$7.5M
Q2 25
$145.4M
$-25.0M
Q1 25
$163.1M
$57.1M
Q4 24
$176.9M
$-148.4M
Q3 24
$190.7M
$-180.1M
Q2 24
$212.5M
$-273.0M
Q1 24
$230.1M
$-382.4M
Total Assets
ALX
ALX
OPAL
OPAL
Q4 25
$1.1B
$959.5M
Q3 25
$1.3B
$916.7M
Q2 25
$1.3B
$905.5M
Q1 25
$1.3B
$884.9M
Q4 24
$1.3B
$881.1M
Q3 24
$1.4B
$831.1M
Q2 24
$1.5B
$782.3M
Q1 24
$1.4B
$750.5M
Debt / Equity
ALX
ALX
OPAL
OPAL
Q4 25
Q3 25
46.95×
Q2 25
Q1 25
5.38×
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
ALX
ALX
OPAL
OPAL
Operating Cash FlowLast quarter
$73.4M
$-3.5M
Free Cash FlowOCF − Capex
$-13.4M
FCF MarginFCF / Revenue
-15.1%
Capex IntensityCapex / Revenue
11.1%
Cash ConversionOCF / Net Profit
-0.22×
TTM Free Cash FlowTrailing 4 quarters
$-34.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALX
ALX
OPAL
OPAL
Q4 25
$73.4M
$-3.5M
Q3 25
$-9.3M
$18.2M
Q2 25
$43.6M
$-7.9M
Q1 25
$15.7M
$29.7M
Q4 24
$54.1M
$-532.0K
Q3 24
$-5.0M
$17.7M
Q2 24
$11.5M
$533.0K
Q1 24
$16.8M
$13.7M
Free Cash Flow
ALX
ALX
OPAL
OPAL
Q4 25
$-13.4M
Q3 25
$-9.3M
Q2 25
$-29.7M
Q1 25
$18.1M
Q4 24
$-55.0M
Q3 24
$-5.4M
Q2 24
$-22.5M
Q1 24
$-13.0M
FCF Margin
ALX
ALX
OPAL
OPAL
Q4 25
-15.1%
Q3 25
-11.9%
Q2 25
-38.4%
Q1 25
21.8%
Q4 24
-73.8%
Q3 24
-6.5%
Q2 24
-32.2%
Q1 24
-20.4%
Capex Intensity
ALX
ALX
OPAL
OPAL
Q4 25
11.1%
Q3 25
35.3%
Q2 25
28.2%
Q1 25
13.9%
Q4 24
73.1%
Q3 24
27.9%
Q2 24
32.9%
Q1 24
41.8%
Cash Conversion
ALX
ALX
OPAL
OPAL
Q4 25
-0.22×
Q3 25
-1.55×
1.60×
Q2 25
7.12×
-1.04×
Q1 25
1.28×
23.11×
Q4 24
Q3 24
-0.75×
1.03×
Q2 24
1.37×
0.28×
Q1 24
1.04×
20.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALX
ALX

Segment breakdown not available.

OPAL
OPAL

Fuel Station Services Segment$65.1M74%
Related Party$12.1M14%
Renewable Power Segment$8.6M10%
Other$2.6M3%

Related Comparisons