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Side-by-side financial comparison of AMERICAN REALTY INVESTORS INC (ARL) and FREQUENCY ELECTRONICS INC (FEIM). Click either name above to swap in a different company.

FREQUENCY ELECTRONICS INC is the larger business by last-quarter revenue ($17.1M vs $13.0M, roughly 1.3× AMERICAN REALTY INVESTORS INC). AMERICAN REALTY INVESTORS INC runs the higher net margin — 75.2% vs 10.5%, a 64.7% gap on every dollar of revenue. On growth, FREQUENCY ELECTRONICS INC posted the faster year-over-year revenue change (8.3% vs 8.1%). Over the past eight quarters, FREQUENCY ELECTRONICS INC's revenue compounded faster (11.8% CAGR vs 4.6%).

Weingarten Realty Investors was a real estate investment trust that invested in shopping centers, primarily in the Southern United States and primarily with grocery stores as the anchor stores. In August 2021, the company was acquired by Kimco Realty.

Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International.

ARL vs FEIM — Head-to-Head

Bigger by revenue
FEIM
FEIM
1.3× larger
FEIM
$17.1M
$13.0M
ARL
Growing faster (revenue YoY)
FEIM
FEIM
+0.2% gap
FEIM
8.3%
8.1%
ARL
Higher net margin
ARL
ARL
64.7% more per $
ARL
75.2%
10.5%
FEIM
Faster 2-yr revenue CAGR
FEIM
FEIM
Annualised
FEIM
11.8%
4.6%
ARL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ARL
ARL
FEIM
FEIM
Revenue
$13.0M
$17.1M
Net Profit
$9.8M
$1.8M
Gross Margin
38.2%
Operating Margin
-23.3%
10.0%
Net Margin
75.2%
10.5%
Revenue YoY
8.1%
8.3%
Net Profit YoY
6175.8%
-32.1%
EPS (diluted)
$0.60
$0.18

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
ARL
ARL
FEIM
FEIM
Q4 25
$13.0M
$17.1M
Q3 25
$12.8M
$13.8M
Q2 25
$12.2M
$20.0M
Q1 25
$12.0M
$18.9M
Q4 24
$12.0M
$15.8M
Q3 24
$11.6M
$15.1M
Q2 24
$11.8M
$15.6M
Q1 24
$11.9M
$13.7M
Net Profit
ARL
ARL
FEIM
FEIM
Q4 25
$9.8M
$1.8M
Q3 25
$129.0K
$634.0K
Q2 25
$2.8M
$3.2M
Q1 25
$3.0M
$15.4M
Q4 24
$-161.0K
$2.7M
Q3 24
$-17.5M
$2.4M
Q2 24
$1.2M
$2.6M
Q1 24
$1.8M
$130.0K
Gross Margin
ARL
ARL
FEIM
FEIM
Q4 25
38.2%
Q3 25
36.8%
Q2 25
37.5%
Q1 25
43.8%
Q4 24
48.2%
Q3 24
44.4%
Q2 24
40.3%
Q1 24
22.6%
Operating Margin
ARL
ARL
FEIM
FEIM
Q4 25
-23.3%
10.0%
Q3 25
-12.3%
2.6%
Q2 25
-8.3%
16.4%
Q1 25
-6.8%
18.3%
Q4 24
-14.8%
16.5%
Q3 24
-17.8%
15.7%
Q2 24
-10.8%
16.0%
Q1 24
-12.7%
-3.4%
Net Margin
ARL
ARL
FEIM
FEIM
Q4 25
75.2%
10.5%
Q3 25
1.0%
4.6%
Q2 25
23.2%
16.0%
Q1 25
24.7%
81.4%
Q4 24
-1.3%
16.8%
Q3 24
-150.4%
16.1%
Q2 24
9.9%
16.9%
Q1 24
14.7%
0.9%
EPS (diluted)
ARL
ARL
FEIM
FEIM
Q4 25
$0.60
$0.18
Q3 25
$0.01
$0.07
Q2 25
$0.18
$0.33
Q1 25
$0.18
$1.60
Q4 24
$-0.01
$0.28
Q3 24
$-1.08
$0.25
Q2 24
$0.07
$0.28
Q1 24
$0.11
$0.01

Balance Sheet & Financial Strength

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

Metric
ARL
ARL
FEIM
FEIM
Cash + ST InvestmentsLiquidity on hand
$89.1M
$3.0M
Total DebtLower is stronger
$214.4M
Stockholders' EquityBook value
$617.4M
$58.5M
Total Assets
$1.1B
$92.3M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARL
ARL
FEIM
FEIM
Q4 25
$89.1M
$3.0M
Q3 25
$82.8M
$4.5M
Q2 25
$73.5M
$4.7M
Q1 25
$88.7M
$5.5M
Q4 24
$99.7M
$9.7M
Q3 24
$131.6M
$16.2M
Q2 24
$127.5M
$18.3M
Q1 24
$130.9M
$11.7M
Total Debt
ARL
ARL
FEIM
FEIM
Q4 25
$214.4M
Q3 25
$227.0M
Q2 25
$216.0M
Q1 25
$201.7M
Q4 24
$185.4M
Q3 24
$183.8M
Q2 24
$181.0M
Q1 24
$181.8M
Stockholders' Equity
ARL
ARL
FEIM
FEIM
Q4 25
$617.4M
$58.5M
Q3 25
$607.8M
$56.3M
Q2 25
$607.8M
$55.6M
Q1 25
$604.9M
$51.8M
Q4 24
$601.8M
$36.2M
Q3 24
$602.2M
$33.2M
Q2 24
$619.9M
$39.8M
Q1 24
$618.8M
$36.7M
Total Assets
ARL
ARL
FEIM
FEIM
Q4 25
$1.1B
$92.3M
Q3 25
$1.1B
$93.2M
Q2 25
$1.1B
$93.7M
Q1 25
$1.0B
$86.4M
Q4 24
$1.0B
$77.8M
Q3 24
$1.0B
$84.3M
Q2 24
$1.0B
$83.3M
Q1 24
$1.0B
$77.7M
Debt / Equity
ARL
ARL
FEIM
FEIM
Q4 25
0.35×
Q3 25
0.37×
Q2 25
0.36×
Q1 25
0.33×
Q4 24
0.31×
Q3 24
0.31×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
ARL
ARL
FEIM
FEIM
Operating Cash FlowLast quarter
$-5.6M
$-523.0K
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-6.6%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
-0.57×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARL
ARL
FEIM
FEIM
Q4 25
$-5.6M
$-523.0K
Q3 25
$8.0M
$1.2M
Q2 25
$-2.9M
$-155.0K
Q1 25
$-7.4M
$-3.6M
Q4 24
$1.1M
$3.8M
Q3 24
$13.5M
$-1.5M
Q2 24
$-503.0K
$7.5M
Q1 24
$3.9M
$4.2M
Free Cash Flow
ARL
ARL
FEIM
FEIM
Q4 25
$-1.1M
Q3 25
$385.0K
Q2 25
$-786.0K
Q1 25
$-4.0M
Q4 24
$3.3M
Q3 24
$-1.8M
Q2 24
$6.7M
Q1 24
$3.9M
FCF Margin
ARL
ARL
FEIM
FEIM
Q4 25
-6.6%
Q3 25
2.8%
Q2 25
-3.9%
Q1 25
-20.9%
Q4 24
20.8%
Q3 24
-11.8%
Q2 24
42.8%
Q1 24
28.4%
Capex Intensity
ARL
ARL
FEIM
FEIM
Q4 25
3.6%
Q3 25
5.6%
Q2 25
3.2%
Q1 25
1.7%
Q4 24
3.3%
Q3 24
2.2%
Q2 24
5.3%
Q1 24
2.3%
Cash Conversion
ARL
ARL
FEIM
FEIM
Q4 25
-0.57×
-0.29×
Q3 25
61.81×
1.83×
Q2 25
-1.03×
-0.05×
Q1 25
-2.50×
-0.24×
Q4 24
1.44×
Q3 24
-0.60×
Q2 24
-0.43×
2.85×
Q1 24
2.21×
32.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARL
ARL

Segment breakdown not available.

FEIM
FEIM

POC Revenue$14.8M86%
POT Revenue$2.3M13%

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