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Side-by-side financial comparison of ARTS WAY MANUFACTURING CO INC (ARTW) and Lake Shore Bancorp, Inc. (LSBK). Click either name above to swap in a different company.

Lake Shore Bancorp, Inc. is the larger business by last-quarter revenue ($7.4M vs $5.1M, roughly 1.5× ARTS WAY MANUFACTURING CO INC). Lake Shore Bancorp, Inc. runs the higher net margin — 31.8% vs -12.7%, a 44.5% gap on every dollar of revenue. Lake Shore Bancorp, Inc. produced more free cash flow last quarter ($3.3M vs $-1.0M).

Art's Way Manufacturing is an American producer of agricultural machinery, modular buildings and cutting tools under the brand names Art's Way, Art's Way Scientific and American Carbide Tool. The firm previously manufactured OEM feed blowers sold by Case New Holland.

Lake Shore Bancorp, Inc. (Maryland) is a U.S. regional bank holding company that operates via its banking subsidiary, offering retail and commercial banking services including deposits, loans, mortgages and wealth management, primarily serving individuals and SMEs across local communities in Maryland.

ARTW vs LSBK — Head-to-Head

Bigger by revenue
LSBK
LSBK
1.5× larger
LSBK
$7.4M
$5.1M
ARTW
Higher net margin
LSBK
LSBK
44.5% more per $
LSBK
31.8%
-12.7%
ARTW
More free cash flow
LSBK
LSBK
$4.3M more FCF
LSBK
$3.3M
$-1.0M
ARTW

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ARTW
ARTW
LSBK
LSBK
Revenue
$5.1M
$7.4M
Net Profit
$-645.5K
$2.4M
Gross Margin
18.6%
Operating Margin
-11.2%
38.4%
Net Margin
-12.7%
31.8%
Revenue YoY
-17.9%
Net Profit YoY
-177.6%
EPS (diluted)
$-0.13
$0.32

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
ARTW
ARTW
LSBK
LSBK
Q4 25
$5.1M
Q3 25
$6.4M
$7.4M
Q2 25
$6.3M
$6.9M
Q1 25
$5.1M
Q4 24
$6.2M
Q3 24
$5.9M
Q2 24
$6.7M
Q1 24
$5.7M
Net Profit
ARTW
ARTW
LSBK
LSBK
Q4 25
$-645.5K
Q3 25
$254.1K
$2.4M
Q2 25
$1.5M
$1.9M
Q1 25
$-55.8K
Q4 24
$832.0K
Q3 24
$-26.2K
Q2 24
$-33.3K
Q1 24
$-465.0K
Gross Margin
ARTW
ARTW
LSBK
LSBK
Q4 25
18.6%
Q3 25
27.5%
Q2 25
32.5%
Q1 25
29.1%
Q4 24
36.1%
Q3 24
28.9%
Q2 24
28.3%
Q1 24
25.7%
Operating Margin
ARTW
ARTW
LSBK
LSBK
Q4 25
-11.2%
Q3 25
5.4%
38.4%
Q2 25
8.1%
33.2%
Q1 25
0.0%
Q4 24
8.4%
Q3 24
2.6%
Q2 24
2.5%
Q1 24
-6.6%
Net Margin
ARTW
ARTW
LSBK
LSBK
Q4 25
-12.7%
Q3 25
4.0%
31.8%
Q2 25
23.4%
27.7%
Q1 25
-1.1%
Q4 24
13.5%
Q3 24
-0.4%
Q2 24
-0.5%
Q1 24
-8.1%
EPS (diluted)
ARTW
ARTW
LSBK
LSBK
Q4 25
$-0.13
Q3 25
$0.05
$0.32
Q2 25
$0.29
$0.34
Q1 25
$-0.01
Q4 24
$0.17
Q3 24
$-0.01
Q2 24
$-0.01
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
ARTW
ARTW
LSBK
LSBK
Cash + ST InvestmentsLiquidity on hand
$4.8K
$83.6M
Total DebtLower is stronger
$2.5M
$2.0M
Stockholders' EquityBook value
$13.3M
$139.3M
Total Assets
$22.5M
$742.8M
Debt / EquityLower = less leverage
0.19×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARTW
ARTW
LSBK
LSBK
Q4 25
$4.8K
Q3 25
$6.0K
$83.6M
Q2 25
$4.5K
$75.4M
Q1 25
$4.1K
Q4 24
$1.9K
Q3 24
$5.1K
Q2 24
$4.5K
Q1 24
$2.5K
Total Debt
ARTW
ARTW
LSBK
LSBK
Q4 25
$2.5M
Q3 25
$2.0M
Q2 25
$2.0M
Q1 25
Q4 24
$2.1M
Q3 24
$2.7M
Q2 24
$2.7M
Q1 24
$2.7M
Stockholders' Equity
ARTW
ARTW
LSBK
LSBK
Q4 25
$13.3M
Q3 25
$13.9M
$139.3M
Q2 25
$13.6M
$92.9M
Q1 25
$12.1M
Q4 24
$12.1M
Q3 24
$11.3M
Q2 24
$11.2M
Q1 24
$11.2M
Total Assets
ARTW
ARTW
LSBK
LSBK
Q4 25
$22.5M
Q3 25
$21.8M
$742.8M
Q2 25
$20.9M
$734.8M
Q1 25
$21.0M
Q4 24
$21.2M
Q3 24
$23.5M
Q2 24
$23.2M
Q1 24
$24.3M
Debt / Equity
ARTW
ARTW
LSBK
LSBK
Q4 25
0.19×
Q3 25
0.01×
Q2 25
0.02×
Q1 25
Q4 24
0.17×
Q3 24
0.24×
Q2 24
0.24×
Q1 24
0.24×

Cash Flow & Capital Efficiency

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

Metric
ARTW
ARTW
LSBK
LSBK
Operating Cash FlowLast quarter
$-889.2K
$3.3M
Free Cash FlowOCF − Capex
$-1.0M
$3.3M
FCF MarginFCF / Revenue
-20.6%
44.4%
Capex IntensityCapex / Revenue
3.0%
0.6%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$-1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARTW
ARTW
LSBK
LSBK
Q4 25
$-889.2K
Q3 25
$-1.3M
$3.3M
Q2 25
$1.4M
$2.5M
Q1 25
$-101.8K
Q4 24
$1.2M
Q3 24
$282.4K
Q2 24
$1.2M
Q1 24
$-99.3K
Free Cash Flow
ARTW
ARTW
LSBK
LSBK
Q4 25
$-1.0M
Q3 25
$-1.5M
$3.3M
Q2 25
$1.2M
$2.0M
Q1 25
$-184.5K
Q4 24
$1.1M
Q3 24
$180.5K
Q2 24
$1.0M
Q1 24
$-380.4K
FCF Margin
ARTW
ARTW
LSBK
LSBK
Q4 25
-20.6%
Q3 25
-23.8%
44.4%
Q2 25
19.3%
28.5%
Q1 25
-3.6%
Q4 24
17.6%
Q3 24
3.1%
Q2 24
15.1%
Q1 24
-6.6%
Capex Intensity
ARTW
ARTW
LSBK
LSBK
Q4 25
3.0%
Q3 25
4.1%
0.6%
Q2 25
2.1%
7.7%
Q1 25
1.6%
Q4 24
1.8%
Q3 24
1.7%
Q2 24
3.4%
Q1 24
4.9%
Cash Conversion
ARTW
ARTW
LSBK
LSBK
Q4 25
Q3 25
-4.99×
1.42×
Q2 25
0.91×
1.31×
Q1 25
Q4 24
1.44×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARTW
ARTW

Agricultural Products$2.8M55%
Modular Buildings$2.2M44%

LSBK
LSBK

Segment breakdown not available.

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