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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Clipper Realty Inc. (CLPR). Click either name above to swap in a different company.

Clipper Realty Inc. is the larger business by last-quarter revenue ($37.1M vs $31.6M, roughly 1.2× BATTALION OIL CORP). BATTALION OIL CORP runs the higher net margin — 5.7% vs -30.4%, a 36.1% gap on every dollar of revenue. On growth, Clipper Realty Inc. posted the faster year-over-year revenue change (-2.6% vs -36.1%). Over the past eight quarters, Clipper Realty Inc.'s revenue compounded faster (1.8% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007, in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violati...

BATL vs CLPR — Head-to-Head

Bigger by revenue
CLPR
CLPR
1.2× larger
CLPR
$37.1M
$31.6M
BATL
Growing faster (revenue YoY)
CLPR
CLPR
+33.6% gap
CLPR
-2.6%
-36.1%
BATL
Higher net margin
BATL
BATL
36.1% more per $
BATL
5.7%
-30.4%
CLPR
Faster 2-yr revenue CAGR
CLPR
CLPR
Annualised
CLPR
1.8%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
CLPR
CLPR
Revenue
$31.6M
$37.1M
Net Profit
$1.8M
$-11.3M
Gross Margin
-5.2%
Operating Margin
-33.8%
21.8%
Net Margin
5.7%
-30.4%
Revenue YoY
-36.1%
-2.6%
Net Profit YoY
108.1%
-938.6%
EPS (diluted)
$-0.77

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
BATL
BATL
CLPR
CLPR
Q4 25
$31.6M
$37.1M
Q3 25
$43.4M
$37.7M
Q2 25
$42.6M
$39.0M
Q1 25
$47.4M
$39.4M
Q4 24
$49.5M
$38.0M
Q3 24
$45.1M
$37.6M
Q2 24
$49.1M
$37.3M
Q1 24
$49.5M
$35.8M
Net Profit
BATL
BATL
CLPR
CLPR
Q4 25
$1.8M
$-11.3M
Q3 25
$-735.0K
$-4.6M
Q2 25
$4.8M
$-1.4M
Q1 25
$6.0M
$-35.1M
Q4 24
$-22.2M
$-1.1M
Q3 24
$21.6M
$-1.1M
Q2 24
$-105.0K
$-1.7M
Q1 24
$-31.2M
$-2.7M
Gross Margin
BATL
BATL
CLPR
CLPR
Q4 25
-5.2%
Q3 25
23.6%
Q2 25
27.8%
Q1 25
-34.5%
Q4 24
28.8%
Q3 24
28.6%
Q2 24
26.8%
Q1 24
25.4%
Operating Margin
BATL
BATL
CLPR
CLPR
Q4 25
-33.8%
21.8%
Q3 25
1.9%
23.6%
Q2 25
-0.4%
27.7%
Q1 25
7.2%
-59.9%
Q4 24
-36.2%
28.1%
Q3 24
2.3%
28.6%
Q2 24
10.4%
26.8%
Q1 24
0.0%
25.4%
Net Margin
BATL
BATL
CLPR
CLPR
Q4 25
5.7%
-30.4%
Q3 25
-1.7%
-12.2%
Q2 25
11.3%
-3.5%
Q1 25
12.7%
-89.1%
Q4 24
-44.9%
-2.9%
Q3 24
48.0%
-2.9%
Q2 24
-0.2%
-4.7%
Q1 24
-63.0%
-7.5%
EPS (diluted)
BATL
BATL
CLPR
CLPR
Q4 25
$-0.77
Q3 25
$-0.91
Q2 25
$-0.21
Q1 25
$-0.35
Q4 24
$-1.47
Q3 24
$0.34
Q2 24
$-0.53
Q1 24
$-2.24

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
CLPR
CLPR
Cash + ST InvestmentsLiquidity on hand
$28.0M
$30.8M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$-30.7M
Total Assets
$460.7M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
CLPR
CLPR
Q4 25
$28.0M
$30.8M
Q3 25
$50.5M
$26.1M
Q2 25
$44.6M
$32.0M
Q1 25
$73.6M
$21.3M
Q4 24
$19.7M
$19.9M
Q3 24
$29.8M
$18.6M
Q2 24
$54.4M
$20.3M
Q1 24
$48.9M
$21.9M
Total Debt
BATL
BATL
CLPR
CLPR
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
$1.3B
Q4 24
$162.1M
$1.3B
Q3 24
$147.8M
$1.3B
Q2 24
$160.4M
$1.2B
Q1 24
$190.2M
$1.2B
Stockholders' Equity
BATL
BATL
CLPR
CLPR
Q4 25
$-32.8M
$-30.7M
Q3 25
$-20.3M
$-25.0M
Q2 25
$-5.2M
$-21.9M
Q1 25
$-1.8M
$-20.1M
Q4 24
$4.1M
$-5.4M
Q3 24
$35.0M
$-3.6M
Q2 24
$22.7M
$-1.8M
Q1 24
$31.3M
$279.0K
Total Assets
BATL
BATL
CLPR
CLPR
Q4 25
$460.7M
$1.2B
Q3 25
$491.7M
$1.2B
Q2 25
$498.8M
$1.2B
Q1 25
$506.2M
$1.3B
Q4 24
$431.0M
$1.3B
Q3 24
$458.0M
$1.3B
Q2 24
$487.3M
$1.3B
Q1 24
$488.6M
$1.3B
Debt / Equity
BATL
BATL
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×
4396.73×

Cash Flow & Capital Efficiency

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

Metric
BATL
BATL
CLPR
CLPR
Operating Cash FlowLast quarter
$-11.8M
$22.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
CLPR
CLPR
Q4 25
$-11.8M
$22.6M
Q3 25
$28.0M
$1.4M
Q2 25
$10.2M
$8.4M
Q1 25
$12.7M
$6.7M
Q4 24
$6.7M
$31.9M
Q3 24
$-5.1M
$6.3M
Q2 24
$29.8M
$8.8M
Q1 24
$3.9M
$6.3M
Free Cash Flow
BATL
BATL
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
$-4.6M
Q4 24
$-37.9M
Q3 24
Q2 24
Q1 24
$-14.7M
FCF Margin
BATL
BATL
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
-11.7%
Q4 24
-99.5%
Q3 24
Q2 24
Q1 24
-41.1%
Capex Intensity
BATL
BATL
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
28.6%
Q4 24
183.3%
Q3 24
Q2 24
Q1 24
58.6%
Cash Conversion
BATL
BATL
CLPR
CLPR
Q4 25
-6.58×
Q3 25
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

CLPR
CLPR

Residential Segment$30.8M83%
Commercial Real Estate$6.2M17%

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