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Side-by-side financial comparison of Assertio Holdings, Inc. (ASRT) and TPG Mortgage Investment Trust, Inc. (MITT). Click either name above to swap in a different company.
TPG Mortgage Investment Trust, Inc. is the larger business by last-quarter revenue ($20.4M vs $13.5M, roughly 1.5× Assertio Holdings, Inc.). On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs -57.9%). Over the past eight quarters, TPG Mortgage Investment Trust, Inc.'s revenue compounded faster (9.1% CAGR vs -35.4%).
Assertio Therapeutics, Inc. is an American specialty pharmaceutical company. It mainly markets products for treatment in neurology, pain and diseases of the central nervous system. Depomed was founded in 1995 and is headquartered in Newark, California. It is a publicly traded company on NASDAQ, with several products approved by the United States Food and Drug Administration (FDA). On August 15, 2018, the company announced its name change from Depomed, Inc., to Assertio Therapeutics, Inc. As o...
TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.
ASRT vs MITT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $13.5M | $20.4M |
| Net Profit | — | $13.3M |
| Gross Margin | — | — |
| Operating Margin | -86.7% | 67.1% |
| Net Margin | — | 65.0% |
| Revenue YoY | -57.9% | 17.7% |
| Net Profit YoY | — | -7.0% |
| EPS (diluted) | $-4.54 | $0.27 |
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 | $13.5M | $20.4M | ||
| Q3 25 | $49.5M | $19.5M | ||
| Q2 25 | $29.2M | $17.8M | ||
| Q1 25 | $26.5M | $18.8M | ||
| Q4 24 | $32.2M | $17.4M | ||
| Q3 24 | $29.2M | $14.9M | ||
| Q2 24 | $31.1M | $16.4M | ||
| Q1 24 | $32.4M | $17.2M |
| Q4 25 | — | $13.3M | ||
| Q3 25 | $11.4M | $20.0M | ||
| Q2 25 | $-16.4M | $3.9M | ||
| Q1 25 | $-13.5M | $11.5M | ||
| Q4 24 | — | $14.3M | ||
| Q3 24 | $-2.9M | $16.6M | ||
| Q2 24 | $-3.7M | $3.9M | ||
| Q1 24 | $-4.5M | $20.9M |
| Q4 25 | -86.7% | 67.1% | ||
| Q3 25 | 23.2% | — | ||
| Q2 25 | -27.5% | 20.9% | ||
| Q1 25 | -50.0% | 54.6% | ||
| Q4 24 | -41.9% | 76.7% | ||
| Q3 24 | -10.4% | — | ||
| Q2 24 | -11.6% | 18.4% | ||
| Q1 24 | -13.4% | — |
| Q4 25 | — | 65.0% | ||
| Q3 25 | 23.1% | 102.5% | ||
| Q2 25 | -56.0% | 22.2% | ||
| Q1 25 | -51.1% | 60.9% | ||
| Q4 24 | — | 82.2% | ||
| Q3 24 | -10.0% | 111.3% | ||
| Q2 24 | -11.8% | 24.0% | ||
| Q1 24 | -13.9% | 121.6% |
| Q4 25 | $-4.54 | $0.27 | ||
| Q3 25 | $0.11 | $0.47 | ||
| Q2 25 | $-0.17 | $-0.05 | ||
| Q1 25 | $-0.14 | $0.21 | ||
| Q4 24 | $-3.28 | $0.30 | ||
| Q3 24 | $-0.03 | $0.40 | ||
| Q2 24 | $-0.04 | $-0.02 | ||
| Q1 24 | $-0.05 | $0.55 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.4M | $57.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $94.0M | $560.7M |
| Total Assets | $267.0M | $8.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.4M | $57.8M | ||
| Q3 25 | $93.4M | $59.0M | ||
| Q2 25 | $98.2M | $88.7M | ||
| Q1 25 | $87.3M | $115.5M | ||
| Q4 24 | $100.1M | $118.7M | ||
| Q3 24 | $88.6M | $102.5M | ||
| Q2 24 | $88.4M | $120.9M | ||
| Q1 24 | $80.7M | $100.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $38.6M | — |
| Q4 25 | $94.0M | $560.7M | ||
| Q3 25 | $105.8M | $559.8M | ||
| Q2 25 | $93.3M | $536.4M | ||
| Q1 25 | $108.5M | $543.9M | ||
| Q4 24 | $121.1M | $543.4M | ||
| Q3 24 | $130.5M | $540.1M | ||
| Q2 24 | $132.2M | $533.5M | ||
| Q1 24 | $134.5M | $539.6M |
| Q4 25 | $267.0M | $8.7B | ||
| Q3 25 | $319.8M | $9.0B | ||
| Q2 25 | $273.8M | $7.5B | ||
| Q1 25 | $286.4M | $7.3B | ||
| Q4 24 | $284.7M | $6.9B | ||
| Q3 24 | $276.0M | $7.0B | ||
| Q2 24 | $279.4M | $7.1B | ||
| Q1 24 | $282.0M | $6.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-30.0M | $59.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 4.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-30.0M | $59.6M | ||
| Q3 25 | $-4.8M | $17.4M | ||
| Q2 25 | $19.1M | $11.5M | ||
| Q1 25 | $-12.5M | $12.0M | ||
| Q4 24 | $11.5M | $55.8M | ||
| Q3 24 | $-35.0K | $14.5M | ||
| Q2 24 | $7.4M | $13.7M | ||
| Q1 24 | $7.5M | $12.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 4.48× | ||
| Q3 25 | -0.42× | 0.87× | ||
| Q2 25 | — | 2.92× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 3.50× | ||
| Q1 24 | — | 0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASRT
| Products | $12.8M | 95% |
| Other | $719.0K | 5% |
MITT
Segment breakdown not available.