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Side-by-side financial comparison of AMES NATIONAL CORP (ATLO) and DELCATH SYSTEMS, INC. (DCTH). Click either name above to swap in a different company.

DELCATH SYSTEMS, INC. is the larger business by last-quarter revenue ($20.7M vs $18.7M, roughly 1.1× AMES NATIONAL CORP). AMES NATIONAL CORP runs the higher net margin — 34.9% vs -9.1%, a 44.0% gap on every dollar of revenue. On growth, DELCATH SYSTEMS, INC. posted the faster year-over-year revenue change (37.3% vs 26.7%). AMES NATIONAL CORP produced more free cash flow last quarter ($20.7M vs $7.7M). Over the past eight quarters, DELCATH SYSTEMS, INC.'s revenue compounded faster (157.0% CAGR vs 19.5%).

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.

Delcath Systems, Inc. is a publicly traded specialty pharmaceutical and medical device company, that develops percutaneous perfusion technologies for the targeted administration of high-dose chemotherapeutic agents to specific organs or regions of the body. Based in Queensbury, New York, the company has an intellectual property portfolio consisting of 28 patents worldwide. Delcath's Percutaneous Hepatic Perfusion (PHP) is currently undergoing Phase II and Phase III trials against tumors in th...

ATLO vs DCTH — Head-to-Head

Bigger by revenue
DCTH
DCTH
1.1× larger
DCTH
$20.7M
$18.7M
ATLO
Growing faster (revenue YoY)
DCTH
DCTH
+10.6% gap
DCTH
37.3%
26.7%
ATLO
Higher net margin
ATLO
ATLO
44.0% more per $
ATLO
34.9%
-9.1%
DCTH
More free cash flow
ATLO
ATLO
$13.0M more FCF
ATLO
$20.7M
$7.7M
DCTH
Faster 2-yr revenue CAGR
DCTH
DCTH
Annualised
DCTH
157.0%
19.5%
ATLO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATLO
ATLO
DCTH
DCTH
Revenue
$18.7M
$20.7M
Net Profit
$6.5M
$-1.9M
Gross Margin
85.5%
Operating Margin
44.3%
-10.5%
Net Margin
34.9%
-9.1%
Revenue YoY
26.7%
37.3%
Net Profit YoY
85.4%
44.2%
EPS (diluted)
$-0.05

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
DCTH
DCTH
Q4 25
$18.7M
$20.7M
Q3 25
$16.6M
$20.6M
Q2 25
$16.1M
$24.2M
Q1 25
$15.5M
$19.8M
Q4 24
$14.7M
$15.1M
Q3 24
$13.5M
$11.2M
Q2 24
$13.5M
$7.8M
Q1 24
$13.1M
$3.1M
Net Profit
ATLO
ATLO
DCTH
DCTH
Q4 25
$6.5M
$-1.9M
Q3 25
$4.6M
$830.0K
Q2 25
$4.5M
$2.7M
Q1 25
$3.4M
$1.1M
Q4 24
$3.5M
$-3.4M
Q3 24
$2.2M
$1.9M
Q2 24
$2.2M
$-13.7M
Q1 24
$2.3M
$-11.1M
Gross Margin
ATLO
ATLO
DCTH
DCTH
Q4 25
85.5%
Q3 25
87.2%
Q2 25
86.3%
Q1 25
85.6%
Q4 24
85.9%
Q3 24
85.4%
Q2 24
80.4%
Q1 24
71.2%
Operating Margin
ATLO
ATLO
DCTH
DCTH
Q4 25
44.3%
-10.5%
Q3 25
34.5%
-1.9%
Q2 25
35.0%
10.7%
Q1 25
27.4%
3.2%
Q4 24
29.4%
20.1%
Q3 24
19.4%
-11.2%
Q2 24
19.0%
-50.4%
Q1 24
20.8%
-327.4%
Net Margin
ATLO
ATLO
DCTH
DCTH
Q4 25
34.9%
-9.1%
Q3 25
27.5%
4.0%
Q2 25
28.0%
11.2%
Q1 25
22.3%
5.4%
Q4 24
23.8%
-22.5%
Q3 24
16.4%
16.6%
Q2 24
16.2%
-176.9%
Q1 24
17.6%
-354.0%
EPS (diluted)
ATLO
ATLO
DCTH
DCTH
Q4 25
$-0.05
Q3 25
$0.02
Q2 25
$0.07
Q1 25
$0.03
Q4 24
$-0.06
Q3 24
$0.06
Q2 24
$-0.48
Q1 24
$-0.45

Balance Sheet & Financial Strength

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

Metric
ATLO
ATLO
DCTH
DCTH
Cash + ST InvestmentsLiquidity on hand
$126.8M
$43.5M
Total DebtLower is stronger
$18.4M
Stockholders' EquityBook value
$207.9M
$111.2M
Total Assets
$2.1B
$123.6M
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLO
ATLO
DCTH
DCTH
Q4 25
$126.8M
$43.5M
Q3 25
$108.2M
$41.8M
Q2 25
$95.2M
$34.4M
Q1 25
$163.4M
$12.8M
Q4 24
$101.2M
$32.4M
Q3 24
$59.0M
$8.3M
Q2 24
$63.4M
$14.8M
Q1 24
$111.4M
$11.8M
Total Debt
ATLO
ATLO
DCTH
DCTH
Q4 25
$18.4M
Q3 25
Q2 25
Q1 25
Q4 24
$20.0M
$0
Q3 24
$2.0M
Q2 24
$4.5M
Q1 24
$7.4M
Stockholders' Equity
ATLO
ATLO
DCTH
DCTH
Q4 25
$207.9M
$111.2M
Q3 25
$200.6M
$114.8M
Q2 25
$193.0M
$105.0M
Q1 25
$183.1M
$80.2M
Q4 24
$174.7M
$68.7M
Q3 24
$183.4M
$8.6M
Q2 24
$167.1M
$4.2M
Q1 24
$165.5M
$14.6M
Total Assets
ATLO
ATLO
DCTH
DCTH
Q4 25
$2.1B
$123.6M
Q3 25
$2.1B
$124.3M
Q2 25
$2.1B
$116.9M
Q1 25
$2.2B
$87.3M
Q4 24
$2.1B
$76.6M
Q3 24
$2.1B
$31.7M
Q2 24
$2.1B
$33.9M
Q1 24
$2.2B
$36.1M
Debt / Equity
ATLO
ATLO
DCTH
DCTH
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.11×
0.00×
Q3 24
0.23×
Q2 24
1.07×
Q1 24
0.50×

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
DCTH
DCTH
Operating Cash FlowLast quarter
$21.3M
$8.2M
Free Cash FlowOCF − Capex
$20.7M
$7.7M
FCF MarginFCF / Revenue
110.8%
37.1%
Capex IntensityCapex / Revenue
3.4%
2.7%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$34.2M
$21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLO
ATLO
DCTH
DCTH
Q4 25
$21.3M
$8.2M
Q3 25
$2.8M
$4.8M
Q2 25
$4.0M
$7.3M
Q1 25
$7.1M
$2.2M
Q4 24
$14.3M
$-1.0M
Q3 24
$3.1M
$-3.6M
Q2 24
$3.9M
$-4.5M
Q1 24
$1.4M
$-9.6M
Free Cash Flow
ATLO
ATLO
DCTH
DCTH
Q4 25
$20.7M
$7.7M
Q3 25
$2.6M
$4.3M
Q2 25
$3.9M
$6.9M
Q1 25
$6.9M
$2.1M
Q4 24
$14.0M
$-1.2M
Q3 24
$3.0M
$-3.9M
Q2 24
$3.8M
$-4.6M
Q1 24
$1.3M
$-9.6M
FCF Margin
ATLO
ATLO
DCTH
DCTH
Q4 25
110.8%
37.1%
Q3 25
16.0%
21.0%
Q2 25
24.2%
28.5%
Q1 25
44.8%
10.4%
Q4 24
94.9%
-8.2%
Q3 24
22.5%
-34.4%
Q2 24
28.1%
-58.6%
Q1 24
10.0%
-305.7%
Capex Intensity
ATLO
ATLO
DCTH
DCTH
Q4 25
3.4%
2.7%
Q3 25
0.6%
2.2%
Q2 25
0.7%
1.6%
Q1 25
1.3%
0.7%
Q4 24
2.0%
1.5%
Q3 24
0.5%
1.9%
Q2 24
0.7%
1.3%
Q1 24
0.5%
0.4%
Cash Conversion
ATLO
ATLO
DCTH
DCTH
Q4 25
3.28×
Q3 25
0.60×
5.75×
Q2 25
0.89×
2.70×
Q1 25
2.07×
2.06×
Q4 24
4.07×
Q3 24
1.40×
-1.95×
Q2 24
1.78×
Q1 24
0.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATLO
ATLO

Segment breakdown not available.

DCTH
DCTH

HEPZATOKIT$19.1M92%
CHEMOSAT$1.7M8%

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