vs

Side-by-side financial comparison of AMERICAN REALTY INVESTORS INC (ARL) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.

AMERICAN REALTY INVESTORS INC is the larger business by last-quarter revenue ($13.0M vs $12.2M, roughly 1.1× Village Farms International, Inc.). AMERICAN REALTY INVESTORS INC runs the higher net margin — 75.2% vs 19.9%, a 55.3% gap on every dollar of revenue. On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs 8.1%).

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.

Grafton Village Cheese Company is a cheesemaker in the town of Grafton in the U.S. state of Vermont. The company produces hand-crafted aged cheddar cheese.

ARL vs VFF — Head-to-Head

Bigger by revenue
ARL
ARL
1.1× larger
ARL
$13.0M
$12.2M
VFF
Growing faster (revenue YoY)
VFF
VFF
+23.4% gap
VFF
31.5%
8.1%
ARL
Higher net margin
ARL
ARL
55.3% more per $
ARL
75.2%
19.9%
VFF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARL
ARL
VFF
VFF
Revenue
$13.0M
$12.2M
Net Profit
$9.8M
$2.4M
Gross Margin
Operating Margin
-23.3%
Net Margin
75.2%
19.9%
Revenue YoY
8.1%
31.5%
Net Profit YoY
6175.8%
128.2%
EPS (diluted)
$0.60
$0.01

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
VFF
VFF
Q4 25
$13.0M
$12.2M
Q3 25
$12.8M
$66.7M
Q2 25
$12.2M
$59.9M
Q1 25
$12.0M
$77.1M
Q4 24
$12.0M
Q3 24
$11.6M
$54.9M
Q2 24
$11.8M
$53.6M
Q1 24
$11.9M
$78.1M
Net Profit
ARL
ARL
VFF
VFF
Q4 25
$9.8M
$2.4M
Q3 25
$129.0K
$10.2M
Q2 25
$2.8M
$26.5M
Q1 25
$3.0M
$-6.7M
Q4 24
$-161.0K
Q3 24
$-17.5M
$-820.0K
Q2 24
$1.2M
$-23.5M
Q1 24
$1.8M
$-2.9M
Gross Margin
ARL
ARL
VFF
VFF
Q4 25
Q3 25
47.9%
Q2 25
37.3%
Q1 25
14.7%
Q4 24
Q3 24
24.8%
Q2 24
25.4%
Q1 24
19.9%
Operating Margin
ARL
ARL
VFF
VFF
Q4 25
-23.3%
Q3 25
-12.3%
23.3%
Q2 25
-8.3%
20.8%
Q1 25
-6.8%
-8.0%
Q4 24
-14.8%
Q3 24
-17.8%
3.8%
Q2 24
-10.8%
-43.5%
Q1 24
-12.7%
-3.0%
Net Margin
ARL
ARL
VFF
VFF
Q4 25
75.2%
19.9%
Q3 25
1.0%
15.3%
Q2 25
23.2%
44.2%
Q1 25
24.7%
-8.7%
Q4 24
-1.3%
Q3 24
-150.4%
-1.5%
Q2 24
9.9%
-43.9%
Q1 24
14.7%
-3.7%
EPS (diluted)
ARL
ARL
VFF
VFF
Q4 25
$0.60
$0.01
Q3 25
$0.01
$0.08
Q2 25
$0.18
$0.24
Q1 25
$0.18
$-0.06
Q4 24
$-0.01
Q3 24
$-1.08
$-0.01
Q2 24
$0.07
$-0.21
Q1 24
$0.11
$-0.03

Balance Sheet & Financial Strength

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

Metric
ARL
ARL
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$89.1M
$81.2M
Total DebtLower is stronger
$214.4M
$33.7M
Stockholders' EquityBook value
$617.4M
$299.9M
Total Assets
$1.1B
$423.1M
Debt / EquityLower = less leverage
0.35×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARL
ARL
VFF
VFF
Q4 25
$89.1M
$81.2M
Q3 25
$82.8M
$82.6M
Q2 25
$73.5M
$60.0M
Q1 25
$88.7M
$15.1M
Q4 24
$99.7M
Q3 24
$131.6M
$28.7M
Q2 24
$127.5M
$29.7M
Q1 24
$130.9M
$26.7M
Total Debt
ARL
ARL
VFF
VFF
Q4 25
$214.4M
$33.7M
Q3 25
$227.0M
$34.6M
Q2 25
$216.0M
$39.1M
Q1 25
$201.7M
$39.2M
Q4 24
$185.4M
Q3 24
$183.8M
$43.3M
Q2 24
$181.0M
$44.4M
Q1 24
$181.8M
$46.1M
Stockholders' Equity
ARL
ARL
VFF
VFF
Q4 25
$617.4M
$299.9M
Q3 25
$607.8M
$295.4M
Q2 25
$607.8M
$284.3M
Q1 25
$604.9M
$248.3M
Q4 24
$601.8M
Q3 24
$602.2M
$274.4M
Q2 24
$619.9M
$275.2M
Q1 24
$618.8M
$296.2M
Total Assets
ARL
ARL
VFF
VFF
Q4 25
$1.1B
$423.1M
Q3 25
$1.1B
$418.4M
Q2 25
$1.1B
$403.7M
Q1 25
$1.0B
$377.1M
Q4 24
$1.0B
Q3 24
$1.0B
$417.8M
Q2 24
$1.0B
$425.4M
Q1 24
$1.0B
$458.4M
Debt / Equity
ARL
ARL
VFF
VFF
Q4 25
0.35×
0.11×
Q3 25
0.37×
0.12×
Q2 25
0.36×
0.14×
Q1 25
0.33×
0.16×
Q4 24
0.31×
Q3 24
0.31×
0.16×
Q2 24
0.29×
0.16×
Q1 24
0.29×
0.16×

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
VFF
VFF
Operating Cash FlowLast quarter
$-5.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
90.8%
Cash ConversionOCF / Net Profit
-0.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARL
ARL
VFF
VFF
Q4 25
$-5.6M
Q3 25
$8.0M
$24.4M
Q2 25
$-2.9M
Q1 25
$-7.4M
$-6.4M
Q4 24
$1.1M
Q3 24
$13.5M
$4.3M
Q2 24
$-503.0K
$5.7M
Q1 24
$3.9M
$-50.0K
Free Cash Flow
ARL
ARL
VFF
VFF
Q4 25
Q3 25
$22.6M
Q2 25
Q1 25
$-8.9M
Q4 24
Q3 24
$1.5M
Q2 24
$4.8M
Q1 24
$-1.9M
FCF Margin
ARL
ARL
VFF
VFF
Q4 25
Q3 25
33.9%
Q2 25
Q1 25
-11.6%
Q4 24
Q3 24
2.7%
Q2 24
9.0%
Q1 24
-2.5%
Capex Intensity
ARL
ARL
VFF
VFF
Q4 25
90.8%
Q3 25
2.7%
Q2 25
4.6%
Q1 25
3.3%
Q4 24
Q3 24
5.1%
Q2 24
1.6%
Q1 24
2.4%
Cash Conversion
ARL
ARL
VFF
VFF
Q4 25
-0.57×
Q3 25
61.81×
2.39×
Q2 25
-1.03×
Q1 25
-2.50×
Q4 24
Q3 24
Q2 24
-0.43×
Q1 24
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARL
ARL

Segment breakdown not available.

VFF
VFF

International Sales$8.7M71%
Cannabis United States Segment$3.4M27%

Related Comparisons