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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Ladder Capital Corp (LADR). Click either name above to swap in a different company.
Ladder Capital Corp is the larger business by last-quarter revenue ($22.3M vs $13.9M, roughly 1.6× ALPHA PRO TECH LTD). Ladder Capital Corp runs the higher net margin — 71.0% vs 5.0%, a 66.0% gap on every dollar of revenue. On growth, ALPHA PRO TECH LTD posted the faster year-over-year revenue change (0.3% vs -18.0%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $51.0K). Over the past eight quarters, ALPHA PRO TECH LTD's revenue compounded faster (1.4% CAGR vs -22.5%).
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.
Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.
APT vs LADR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.9M | $22.3M |
| Net Profit | $698.0K | $15.9M |
| Gross Margin | 37.1% | — |
| Operating Margin | 6.9% | 69.5% |
| Net Margin | 5.0% | 71.0% |
| Revenue YoY | 0.3% | -18.0% |
| Net Profit YoY | -17.6% | -49.4% |
| EPS (diluted) | $0.06 | $0.13 |
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.
| Q4 25 | $13.9M | $22.3M | ||
| Q3 25 | $14.8M | $27.8M | ||
| Q2 25 | $16.7M | $21.5M | ||
| Q1 25 | $13.8M | $20.3M | ||
| Q4 24 | $13.8M | $27.2M | ||
| Q3 24 | $14.3M | $38.4M | ||
| Q2 24 | $16.3M | $34.3M | ||
| Q1 24 | $13.5M | $37.1M |
| Q4 25 | $698.0K | $15.9M | ||
| Q3 25 | $976.0K | $19.2M | ||
| Q2 25 | $1.2M | $17.1M | ||
| Q1 25 | $613.0K | $11.6M | ||
| Q4 24 | $847.0K | $31.3M | ||
| Q3 24 | $862.0K | $27.6M | ||
| Q2 24 | $1.6M | $32.1M | ||
| Q1 24 | $576.0K | $16.4M |
| 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% | — |
| Q4 25 | 6.9% | 69.5% | ||
| Q3 25 | 7.4% | 72.4% | ||
| Q2 25 | 8.0% | 96.7% | ||
| Q1 25 | 3.3% | 52.7% | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 5.2% | 74.1% | ||
| Q2 24 | 10.5% | 90.4% | ||
| Q1 24 | 2.4% | 49.4% |
| Q4 25 | 5.0% | 71.0% | ||
| Q3 25 | 6.6% | 69.0% | ||
| Q2 25 | 7.5% | 79.5% | ||
| Q1 25 | 4.4% | 56.8% | ||
| Q4 24 | 6.1% | 115.1% | ||
| Q3 24 | 6.0% | 71.7% | ||
| Q2 24 | 10.1% | 93.6% | ||
| Q1 24 | 4.3% | 44.2% |
| Q4 25 | $0.06 | $0.13 | ||
| Q3 25 | $0.09 | $0.15 | ||
| Q2 25 | $0.12 | $0.14 | ||
| Q1 25 | $0.06 | $0.09 | ||
| Q4 24 | $0.07 | $0.25 | ||
| Q3 24 | $0.08 | $0.22 | ||
| Q2 24 | $0.15 | $0.26 | ||
| Q1 24 | $0.05 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.0M | $38.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $1.5B |
| Total Assets | $74.1M | $5.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.0M | $38.0M | ||
| Q3 25 | $17.7M | $49.4M | ||
| Q2 25 | $14.5M | $134.9M | ||
| Q1 25 | $13.4M | $479.8M | ||
| Q4 24 | $18.6M | $1.3B | ||
| Q3 24 | $18.4M | $1.6B | ||
| Q2 24 | $16.2M | $1.2B | ||
| Q1 24 | $18.5M | $1.2B |
| Q4 25 | $62.5M | $1.5B | ||
| Q3 25 | $62.5M | $1.5B | ||
| Q2 25 | $62.2M | $1.5B | ||
| Q1 25 | $61.7M | $1.5B | ||
| Q4 24 | $62.2M | $1.5B | ||
| Q3 24 | $62.1M | $1.5B | ||
| Q2 24 | $62.0M | $1.5B | ||
| Q1 24 | $61.6M | $1.5B |
| Q4 25 | $74.1M | $5.2B | ||
| Q3 25 | $73.9M | $4.7B | ||
| Q2 25 | $73.2M | $4.5B | ||
| Q1 25 | $72.2M | $4.5B | ||
| Q4 24 | $73.7M | $4.8B | ||
| Q3 24 | $73.3M | $4.8B | ||
| Q2 24 | $72.7M | $4.8B | ||
| Q1 24 | $72.7M | $5.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $318.0K | $87.0M |
| Free Cash FlowOCF − Capex | $51.0K | $78.7M |
| FCF MarginFCF / Revenue | 0.4% | 352.4% |
| Capex IntensityCapex / Revenue | 1.9% | 37.4% |
| Cash ConversionOCF / Net Profit | 0.46× | 5.49× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $118.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.0K | $87.0M | ||
| Q3 25 | $3.9M | $26.3M | ||
| Q2 25 | $2.1M | $44.0M | ||
| Q1 25 | $-4.0M | $-28.7M | ||
| Q4 24 | $2.4M | $133.9M | ||
| Q3 24 | $5.3M | $169.0M | ||
| Q2 24 | $-873.0K | $45.4M | ||
| Q1 24 | $-1.2M | $-20.4M |
| Q4 25 | $51.0K | $78.7M | ||
| Q3 25 | $3.8M | $25.9M | ||
| Q2 25 | $1.9M | $43.4M | ||
| Q1 25 | $-4.1M | $-29.6M | ||
| Q4 24 | $970.0K | $127.4M | ||
| Q3 24 | $3.2M | $166.0M | ||
| Q2 24 | $-1.0M | $44.9M | ||
| Q1 24 | $-1.3M | $-21.7M |
| Q4 25 | 0.4% | 352.4% | ||
| Q3 25 | 25.9% | 93.1% | ||
| Q2 25 | 11.7% | 201.6% | ||
| Q1 25 | -29.6% | -145.6% | ||
| Q4 24 | 7.0% | 468.2% | ||
| Q3 24 | 22.3% | 432.1% | ||
| Q2 24 | -6.2% | 131.0% | ||
| Q1 24 | -9.3% | -58.6% |
| Q4 25 | 1.9% | 37.4% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 0.8% | 2.9% | ||
| Q1 25 | 1.0% | 4.3% | ||
| Q4 24 | 10.4% | 23.9% | ||
| Q3 24 | 15.1% | 7.8% | ||
| Q2 24 | 0.8% | 1.3% | ||
| Q1 24 | 0.6% | 3.7% |
| Q4 25 | 0.46× | 5.49× | ||
| Q3 25 | 4.02× | 1.37× | ||
| Q2 25 | 1.68× | 2.57× | ||
| Q1 25 | -6.46× | -2.49× | ||
| Q4 24 | 2.85× | 4.27× | ||
| Q3 24 | 6.18× | 6.13× | ||
| Q2 24 | -0.53× | 1.41× | ||
| Q1 24 | -2.03× | -1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APT
| Other | $7.3M | 53% |
| Disposable Protective Apparel | $6.6M | 47% |
LADR
Segment breakdown not available.
