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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and OP Bancorp (OPBK). Click either name above to swap in a different company.

OP Bancorp is the larger business by last-quarter revenue ($24.3M vs $13.9M, roughly 1.8× ALPHA PRO TECH LTD). On growth, OP Bancorp posted the faster year-over-year revenue change (13.7% vs 0.3%). OP Bancorp produced more free cash flow last quarter ($23.4M vs $51.0K). Over the past eight quarters, OP Bancorp's revenue compounded faster (11.4% 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.

OP Bancorp is the bank holding company for Open Bank, a community-oriented commercial bank headquartered in California, United States. It provides a full range of banking solutions including deposit accounts, commercial real estate loans, small business financing, and consumer lending products, primarily catering to small and medium-sized enterprises, local immigrant communities, and retail clients across Southern California.

APT vs OPBK — Head-to-Head

Bigger by revenue
OPBK
OPBK
1.8× larger
OPBK
$24.3M
$13.9M
APT
Growing faster (revenue YoY)
OPBK
OPBK
+13.4% gap
OPBK
13.7%
0.3%
APT
More free cash flow
OPBK
OPBK
$23.3M more FCF
OPBK
$23.4M
$51.0K
APT
Faster 2-yr revenue CAGR
OPBK
OPBK
Annualised
OPBK
11.4%
1.4%
APT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APT
APT
OPBK
OPBK
Revenue
$13.9M
$24.3M
Net Profit
$698.0K
Gross Margin
37.1%
Operating Margin
6.9%
39.2%
Net Margin
5.0%
Revenue YoY
0.3%
13.7%
Net Profit YoY
-17.6%
EPS (diluted)
$0.06
$0.48

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
OPBK
OPBK
Q4 25
$13.9M
$24.3M
Q3 25
$14.8M
$24.5M
Q2 25
$16.7M
$23.7M
Q1 25
$13.8M
$22.2M
Q4 24
$13.8M
$21.3M
Q3 24
$14.3M
$20.7M
Q2 24
$16.3M
$20.4M
Q1 24
$13.5M
$19.6M
Net Profit
APT
APT
OPBK
OPBK
Q4 25
$698.0K
Q3 25
$976.0K
$6.7M
Q2 25
$1.2M
$6.3M
Q1 25
$613.0K
$5.6M
Q4 24
$847.0K
Q3 24
$862.0K
$5.4M
Q2 24
$1.6M
$5.4M
Q1 24
$576.0K
$5.2M
Gross Margin
APT
APT
OPBK
OPBK
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
OPBK
OPBK
Q4 25
6.9%
39.2%
Q3 25
7.4%
39.5%
Q2 25
8.0%
35.7%
Q1 25
3.3%
34.6%
Q4 24
4.9%
31.2%
Q3 24
5.2%
36.5%
Q2 24
10.5%
37.2%
Q1 24
2.4%
37.1%
Net Margin
APT
APT
OPBK
OPBK
Q4 25
5.0%
Q3 25
6.6%
27.4%
Q2 25
7.5%
26.7%
Q1 25
4.4%
25.0%
Q4 24
6.1%
Q3 24
6.0%
26.2%
Q2 24
10.1%
26.7%
Q1 24
4.3%
26.7%
EPS (diluted)
APT
APT
OPBK
OPBK
Q4 25
$0.06
$0.48
Q3 25
$0.09
$0.45
Q2 25
$0.12
$0.42
Q1 25
$0.06
$0.37
Q4 24
$0.07
$0.33
Q3 24
$0.08
$0.36
Q2 24
$0.15
$0.36
Q1 24
$0.05
$0.34

Balance Sheet & Financial Strength

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

Metric
APT
APT
OPBK
OPBK
Cash + ST InvestmentsLiquidity on hand
$17.0M
$167.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$62.5M
$227.9M
Total Assets
$74.1M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APT
APT
OPBK
OPBK
Q4 25
$17.0M
$167.3M
Q3 25
$17.7M
$166.7M
Q2 25
$14.5M
$205.4M
Q1 25
$13.4M
$198.9M
Q4 24
$18.6M
$134.9M
Q3 24
$18.4M
$166.8M
Q2 24
$16.2M
$127.7M
Q1 24
$18.5M
$139.2M
Stockholders' Equity
APT
APT
OPBK
OPBK
Q4 25
$62.5M
$227.9M
Q3 25
$62.5M
$221.5M
Q2 25
$62.2M
$213.7M
Q1 25
$61.7M
$210.1M
Q4 24
$62.2M
$205.0M
Q3 24
$62.1M
$203.6M
Q2 24
$62.0M
$195.9M
Q1 24
$61.6M
$194.7M
Total Assets
APT
APT
OPBK
OPBK
Q4 25
$74.1M
$2.7B
Q3 25
$73.9M
$2.6B
Q2 25
$73.2M
$2.6B
Q1 25
$72.2M
$2.5B
Q4 24
$73.7M
$2.4B
Q3 24
$73.3M
$2.4B
Q2 24
$72.7M
$2.3B
Q1 24
$72.7M
$2.2B

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
OPBK
OPBK
Operating Cash FlowLast quarter
$318.0K
$26.2M
Free Cash FlowOCF − Capex
$51.0K
$23.4M
FCF MarginFCF / Revenue
0.4%
96.2%
Capex IntensityCapex / Revenue
1.9%
11.5%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$1.7M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APT
APT
OPBK
OPBK
Q4 25
$318.0K
$26.2M
Q3 25
$3.9M
$23.9M
Q2 25
$2.1M
$-7.0M
Q1 25
$-4.0M
$5.6M
Q4 24
$2.4M
$31.2M
Q3 24
$5.3M
$13.3M
Q2 24
$-873.0K
$15.8M
Q1 24
$-1.2M
$-3.2M
Free Cash Flow
APT
APT
OPBK
OPBK
Q4 25
$51.0K
$23.4M
Q3 25
$3.8M
$23.4M
Q2 25
$1.9M
$-7.7M
Q1 25
$-4.1M
$4.2M
Q4 24
$970.0K
$29.7M
Q3 24
$3.2M
$12.8M
Q2 24
$-1.0M
$15.7M
Q1 24
$-1.3M
$-3.2M
FCF Margin
APT
APT
OPBK
OPBK
Q4 25
0.4%
96.2%
Q3 25
25.9%
95.6%
Q2 25
11.7%
-32.5%
Q1 25
-29.6%
19.0%
Q4 24
7.0%
139.0%
Q3 24
22.3%
61.5%
Q2 24
-6.2%
77.0%
Q1 24
-9.3%
-16.6%
Capex Intensity
APT
APT
OPBK
OPBK
Q4 25
1.9%
11.5%
Q3 25
0.7%
2.3%
Q2 25
0.8%
3.0%
Q1 25
1.0%
6.4%
Q4 24
10.4%
7.3%
Q3 24
15.1%
2.8%
Q2 24
0.8%
0.4%
Q1 24
0.6%
0.5%
Cash Conversion
APT
APT
OPBK
OPBK
Q4 25
0.46×
Q3 25
4.02×
3.57×
Q2 25
1.68×
-1.10×
Q1 25
-6.46×
1.02×
Q4 24
2.85×
Q3 24
6.18×
2.45×
Q2 24
-0.53×
2.90×
Q1 24
-2.03×
-0.60×

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%

OPBK
OPBK

Segment breakdown not available.

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