vs

Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Invesco Mortgage Capital Inc. (IVR). Click either name above to swap in a different company.

Invesco Mortgage Capital Inc. is the larger business by last-quarter revenue ($21.3M vs $13.9M, roughly 1.5× ALPHA PRO TECH LTD). Invesco Mortgage Capital Inc. runs the higher net margin — 242.2% vs 5.0%, a 237.2% gap on every dollar of revenue. On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs 0.3%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs 1.4%).

Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

APT vs IVR — Head-to-Head

Bigger by revenue
IVR
IVR
1.5× larger
IVR
$21.3M
$13.9M
APT
Growing faster (revenue YoY)
IVR
IVR
+55.1% gap
IVR
55.4%
0.3%
APT
Higher net margin
IVR
IVR
237.2% more per $
IVR
242.2%
5.0%
APT
Faster 2-yr revenue CAGR
IVR
IVR
Annualised
IVR
74.2%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
IVR
IVR
Revenue
$13.9M
$21.3M
Net Profit
$698.0K
$51.5M
Gross Margin
37.1%
Operating Margin
6.9%
Net Margin
5.0%
242.2%
Revenue YoY
0.3%
55.4%
Net Profit YoY
-17.6%
1368.7%
EPS (diluted)
$0.06
$0.72

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
APT
APT
IVR
IVR
Q4 25
$13.9M
$21.3M
Q3 25
$14.8M
$17.6M
Q2 25
$16.7M
$17.7M
Q1 25
$13.8M
$18.8M
Q4 24
$13.8M
$13.7M
Q3 24
$14.3M
$7.5M
Q2 24
$16.3M
$8.6M
Q1 24
$13.5M
$7.0M
Net Profit
APT
APT
IVR
IVR
Q4 25
$698.0K
$51.5M
Q3 25
$976.0K
$53.5M
Q2 25
$1.2M
$-23.3M
Q1 25
$613.0K
$19.6M
Q4 24
$847.0K
$3.5M
Q3 24
$862.0K
$40.7M
Q2 24
$1.6M
$-13.5M
Q1 24
$576.0K
$29.1M
Gross Margin
APT
APT
IVR
IVR
Q4 25
37.1%
Q3 25
39.7%
Q2 25
36.8%
Q1 25
39.0%
Q4 24
37.6%
Q3 24
38.5%
Q2 24
42.0%
Q1 24
40.2%
Operating Margin
APT
APT
IVR
IVR
Q4 25
6.9%
Q3 25
7.4%
Q2 25
8.0%
Q1 25
3.3%
Q4 24
4.9%
Q3 24
5.2%
Q2 24
10.5%
Q1 24
2.4%
Net Margin
APT
APT
IVR
IVR
Q4 25
5.0%
242.2%
Q3 25
6.6%
303.6%
Q2 25
7.5%
-131.6%
Q1 25
4.4%
104.4%
Q4 24
6.1%
25.6%
Q3 24
6.0%
542.2%
Q2 24
10.1%
-155.9%
Q1 24
4.3%
415.9%
EPS (diluted)
APT
APT
IVR
IVR
Q4 25
$0.06
$0.72
Q3 25
$0.09
$0.74
Q2 25
$0.12
$-0.40
Q1 25
$0.06
$0.26
Q4 24
$0.07
$-0.09
Q3 24
$0.08
$0.63
Q2 24
$0.15
$-0.38
Q1 24
$0.05
$0.49

Balance Sheet & Financial Strength

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

Metric
APT
APT
IVR
IVR
Cash + ST InvestmentsLiquidity on hand
$17.0M
$56.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$797.5M
Total Assets
$74.1M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
IVR
IVR
Q4 25
$17.0M
$56.0M
Q3 25
$17.7M
$58.5M
Q2 25
$14.5M
$59.4M
Q1 25
$13.4M
$42.9M
Q4 24
$18.6M
$73.4M
Q3 24
$18.4M
$48.3M
Q2 24
$16.2M
$58.8M
Q1 24
$18.5M
$59.9M
Stockholders' Equity
APT
APT
IVR
IVR
Q4 25
$62.5M
$797.5M
Q3 25
$62.5M
$769.6M
Q2 25
$62.2M
$709.4M
Q1 25
$61.7M
$759.2M
Q4 24
$62.2M
$730.7M
Q3 24
$62.1M
$857.0M
Q2 24
$62.0M
$759.2M
Q1 24
$61.6M
$785.6M
Total Assets
APT
APT
IVR
IVR
Q4 25
$74.1M
$6.5B
Q3 25
$73.9M
$6.0B
Q2 25
$73.2M
$5.4B
Q1 25
$72.2M
$6.2B
Q4 24
$73.7M
$5.7B
Q3 24
$73.3M
$6.1B
Q2 24
$72.7M
$5.1B
Q1 24
$72.7M
$5.2B

Cash Flow & Capital Efficiency

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

Metric
APT
APT
IVR
IVR
Operating Cash FlowLast quarter
$318.0K
$157.1M
Free Cash FlowOCF − Capex
$51.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.46×
3.05×
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
IVR
IVR
Q4 25
$318.0K
$157.1M
Q3 25
$3.9M
$37.3M
Q2 25
$2.1M
$40.6M
Q1 25
$-4.0M
$19.3M
Q4 24
$2.4M
$183.2M
Q3 24
$5.3M
$30.8M
Q2 24
$-873.0K
$33.0M
Q1 24
$-1.2M
$57.5M
Free Cash Flow
APT
APT
IVR
IVR
Q4 25
$51.0K
Q3 25
$3.8M
Q2 25
$1.9M
Q1 25
$-4.1M
Q4 24
$970.0K
Q3 24
$3.2M
Q2 24
$-1.0M
Q1 24
$-1.3M
FCF Margin
APT
APT
IVR
IVR
Q4 25
0.4%
Q3 25
25.9%
Q2 25
11.7%
Q1 25
-29.6%
Q4 24
7.0%
Q3 24
22.3%
Q2 24
-6.2%
Q1 24
-9.3%
Capex Intensity
APT
APT
IVR
IVR
Q4 25
1.9%
Q3 25
0.7%
Q2 25
0.8%
Q1 25
1.0%
Q4 24
10.4%
Q3 24
15.1%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
APT
APT
IVR
IVR
Q4 25
0.46×
3.05×
Q3 25
4.02×
0.70×
Q2 25
1.68×
Q1 25
-6.46×
0.98×
Q4 24
2.85×
52.24×
Q3 24
6.18×
0.76×
Q2 24
-0.53×
Q1 24
-2.03×
1.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APT
APT

Other$7.3M53%
Disposable Protective Apparel$6.6M47%

IVR
IVR

Segment breakdown not available.

Related Comparisons