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Side-by-side financial comparison of AMES NATIONAL CORP (ATLO) and Canterbury Park Holding Corp (CPHC). Click either name above to swap in a different company.

AMES NATIONAL CORP is the larger business by last-quarter revenue ($18.7M vs $12.4M, roughly 1.5× Canterbury Park Holding Corp). AMES NATIONAL CORP runs the higher net margin — 34.9% vs -3.1%, a 38.0% gap on every dollar of revenue. On growth, AMES NATIONAL CORP posted the faster year-over-year revenue change (26.7% vs 3.9%). AMES NATIONAL CORP produced more free cash flow last quarter ($20.7M vs $-611.3K). Over the past eight quarters, AMES NATIONAL CORP's revenue compounded faster (19.5% CAGR vs -6.0%).

Ames National Corp is a U.S. financial holding company based in Iowa. It operates multiple community banking subsidiaries, offering retail and commercial financial services including deposit accounts, personal and business loans, mortgages, and wealth management, primarily serving consumers and SMEs across central Iowa.

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

ATLO vs CPHC — Head-to-Head

Bigger by revenue
ATLO
ATLO
1.5× larger
ATLO
$18.7M
$12.4M
CPHC
Growing faster (revenue YoY)
ATLO
ATLO
+22.7% gap
ATLO
26.7%
3.9%
CPHC
Higher net margin
ATLO
ATLO
38.0% more per $
ATLO
34.9%
-3.1%
CPHC
More free cash flow
ATLO
ATLO
$21.3M more FCF
ATLO
$20.7M
$-611.3K
CPHC
Faster 2-yr revenue CAGR
ATLO
ATLO
Annualised
ATLO
19.5%
-6.0%
CPHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATLO
ATLO
CPHC
CPHC
Revenue
$18.7M
$12.4M
Net Profit
$6.5M
$-390.1K
Gross Margin
Operating Margin
44.3%
2.6%
Net Margin
34.9%
-3.1%
Revenue YoY
26.7%
3.9%
Net Profit YoY
85.4%
68.7%
EPS (diluted)
$-0.08

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
ATLO
ATLO
CPHC
CPHC
Q4 25
$18.7M
$12.4M
Q3 25
$16.6M
$18.3M
Q2 25
$16.1M
$15.7M
Q1 25
$15.5M
$13.1M
Q4 24
$14.7M
$12.0M
Q3 24
$13.5M
$19.3M
Q2 24
$13.5M
$16.2M
Q1 24
$13.1M
$14.1M
Net Profit
ATLO
ATLO
CPHC
CPHC
Q4 25
$6.5M
$-390.1K
Q3 25
$4.6M
$487.3K
Q2 25
$4.5M
$-327.4K
Q1 25
$3.4M
$-299.2K
Q4 24
$3.5M
$-1.2M
Q3 24
$2.2M
$2.0M
Q2 24
$2.2M
$338.3K
Q1 24
$2.3M
$998.2K
Operating Margin
ATLO
ATLO
CPHC
CPHC
Q4 25
44.3%
2.6%
Q3 25
34.5%
5.7%
Q2 25
35.0%
2.8%
Q1 25
27.4%
4.9%
Q4 24
29.4%
-0.8%
Q3 24
19.4%
18.9%
Q2 24
19.0%
6.9%
Q1 24
20.8%
12.5%
Net Margin
ATLO
ATLO
CPHC
CPHC
Q4 25
34.9%
-3.1%
Q3 25
27.5%
2.7%
Q2 25
28.0%
-2.1%
Q1 25
22.3%
-2.3%
Q4 24
23.8%
-10.4%
Q3 24
16.4%
10.5%
Q2 24
16.2%
2.1%
Q1 24
17.6%
7.1%
EPS (diluted)
ATLO
ATLO
CPHC
CPHC
Q4 25
$-0.08
Q3 25
$0.10
Q2 25
$-0.06
Q1 25
$-0.06
Q4 24
$-0.25
Q3 24
$0.40
Q2 24
$0.07
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
ATLO
ATLO
CPHC
CPHC
Cash + ST InvestmentsLiquidity on hand
$126.8M
$17.1M
Total DebtLower is stronger
$18.4M
Stockholders' EquityBook value
$207.9M
$83.9M
Total Assets
$2.1B
$112.6M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLO
ATLO
CPHC
CPHC
Q4 25
$126.8M
$17.1M
Q3 25
$108.2M
$16.7M
Q2 25
$95.2M
$16.9M
Q1 25
$163.4M
$15.4M
Q4 24
$101.2M
$15.1M
Q3 24
$59.0M
$21.7M
Q2 24
$63.4M
$23.8M
Q1 24
$111.4M
$25.2M
Total Debt
ATLO
ATLO
CPHC
CPHC
Q4 25
$18.4M
Q3 25
Q2 25
Q1 25
Q4 24
$20.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ATLO
ATLO
CPHC
CPHC
Q4 25
$207.9M
$83.9M
Q3 25
$200.6M
$84.1M
Q2 25
$193.0M
$83.6M
Q1 25
$183.1M
$83.7M
Q4 24
$174.7M
$84.1M
Q3 24
$183.4M
$85.2M
Q2 24
$167.1M
$83.2M
Q1 24
$165.5M
$82.7M
Total Assets
ATLO
ATLO
CPHC
CPHC
Q4 25
$2.1B
$112.6M
Q3 25
$2.1B
$114.4M
Q2 25
$2.1B
$114.9M
Q1 25
$2.2B
$112.4M
Q4 24
$2.1B
$109.9M
Q3 24
$2.1B
$114.2M
Q2 24
$2.1B
$111.4M
Q1 24
$2.2B
$105.6M
Debt / Equity
ATLO
ATLO
CPHC
CPHC
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.11×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ATLO
ATLO
CPHC
CPHC
Operating Cash FlowLast quarter
$21.3M
$-103.4K
Free Cash FlowOCF − Capex
$20.7M
$-611.3K
FCF MarginFCF / Revenue
110.8%
-4.9%
Capex IntensityCapex / Revenue
3.4%
4.1%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$34.2M
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLO
ATLO
CPHC
CPHC
Q4 25
$21.3M
$-103.4K
Q3 25
$2.8M
$1.2M
Q2 25
$4.0M
$4.4M
Q1 25
$7.1M
$3.4M
Q4 24
$14.3M
$-2.8M
Q3 24
$3.1M
$2.3M
Q2 24
$3.9M
$5.4M
Q1 24
$1.4M
$1.6M
Free Cash Flow
ATLO
ATLO
CPHC
CPHC
Q4 25
$20.7M
$-611.3K
Q3 25
$2.6M
$-395.3K
Q2 25
$3.9M
$3.2M
Q1 25
$6.9M
$2.5M
Q4 24
$14.0M
$-6.7M
Q3 24
$3.0M
$-25
Q2 24
$3.8M
$1.8M
Q1 24
$1.3M
$-601.0K
FCF Margin
ATLO
ATLO
CPHC
CPHC
Q4 25
110.8%
-4.9%
Q3 25
16.0%
-2.2%
Q2 25
24.2%
20.5%
Q1 25
44.8%
19.1%
Q4 24
94.9%
-55.9%
Q3 24
22.5%
-0.0%
Q2 24
28.1%
11.1%
Q1 24
10.0%
-4.3%
Capex Intensity
ATLO
ATLO
CPHC
CPHC
Q4 25
3.4%
4.1%
Q3 25
0.6%
9.0%
Q2 25
0.7%
7.5%
Q1 25
1.3%
6.5%
Q4 24
2.0%
32.6%
Q3 24
0.5%
11.8%
Q2 24
0.7%
22.2%
Q1 24
0.5%
15.7%
Cash Conversion
ATLO
ATLO
CPHC
CPHC
Q4 25
3.28×
Q3 25
0.60×
2.56×
Q2 25
0.89×
Q1 25
2.07×
Q4 24
4.07×
Q3 24
1.40×
1.12×
Q2 24
1.78×
15.95×
Q1 24
0.59×
1.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATLO
ATLO

Segment breakdown not available.

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

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