vs

Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and Citi Trends Inc (CTRN). Click either name above to swap in a different company.

Citi Trends Inc is the larger business by last-quarter revenue ($197.1M vs $127.0M, roughly 1.6× BRANDYWINE REALTY TRUST). Citi Trends Inc runs the higher net margin — -3.5% vs -38.4%, a 34.9% gap on every dollar of revenue. On growth, Citi Trends Inc posted the faster year-over-year revenue change (10.1% vs 4.5%). Over the past eight quarters, BRANDYWINE REALTY TRUST's revenue compounded faster (0.7% CAGR vs -4.3%).

Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.

Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.

BDN vs CTRN — Head-to-Head

Bigger by revenue
CTRN
CTRN
1.6× larger
CTRN
$197.1M
$127.0M
BDN
Growing faster (revenue YoY)
CTRN
CTRN
+5.5% gap
CTRN
10.1%
4.5%
BDN
Higher net margin
CTRN
CTRN
34.9% more per $
CTRN
-3.5%
-38.4%
BDN
Faster 2-yr revenue CAGR
BDN
BDN
Annualised
BDN
0.7%
-4.3%
CTRN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BDN
BDN
CTRN
CTRN
Revenue
$127.0M
$197.1M
Net Profit
$-48.8M
$-6.9M
Gross Margin
Operating Margin
1.2%
-3.7%
Net Margin
-38.4%
-3.5%
Revenue YoY
4.5%
10.1%
Net Profit YoY
-80.4%
3.6%
EPS (diluted)
$-0.28
$-0.86

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
BDN
BDN
CTRN
CTRN
Q1 26
$127.0M
Q4 25
$121.0M
$197.1M
Q3 25
$121.4M
$190.8M
Q2 25
$120.6M
$201.7M
Q1 25
$121.5M
$211.2M
Q4 24
$121.9M
$179.1M
Q3 24
$131.8M
$176.6M
Q2 24
$125.3M
$186.3M
Net Profit
BDN
BDN
CTRN
CTRN
Q1 26
$-48.8M
Q4 25
$-36.7M
$-6.9M
Q3 25
$-25.9M
$3.8M
Q2 25
$-88.7M
$871.0K
Q1 25
$-27.0M
$-14.2M
Q4 24
$-44.5M
$-7.2M
Q3 24
$-165.2M
$-18.4M
Q2 24
$30.2M
$-3.4M
Gross Margin
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
61.3%
Q3 25
62.6%
Q2 25
62.4%
Q1 25
60.8%
Q4 24
61.2%
Q3 24
64.9%
Q2 24
63.1%
Operating Margin
BDN
BDN
CTRN
CTRN
Q1 26
1.2%
Q4 25
22.8%
-3.7%
Q3 25
20.8%
1.8%
Q2 25
-34.3%
0.2%
Q1 25
12.5%
0.6%
Q4 24
18.0%
-4.9%
Q3 24
-7.2%
-14.1%
Q2 24
15.5%
-3.7%
Net Margin
BDN
BDN
CTRN
CTRN
Q1 26
-38.4%
Q4 25
-30.3%
-3.5%
Q3 25
-21.3%
2.0%
Q2 25
-73.5%
0.4%
Q1 25
-22.2%
-6.7%
Q4 24
-36.5%
-4.0%
Q3 24
-125.4%
-10.4%
Q2 24
24.1%
-1.8%
EPS (diluted)
BDN
BDN
CTRN
CTRN
Q1 26
$-0.28
Q4 25
$-0.21
$-0.86
Q3 25
$-0.15
$0.46
Q2 25
$-0.51
$0.11
Q1 25
$-0.16
$-1.70
Q4 24
$-0.25
$-0.86
Q3 24
$-0.96
$-2.21
Q2 24
$0.17
$-0.42

Balance Sheet & Financial Strength

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

Metric
BDN
BDN
CTRN
CTRN
Cash + ST InvestmentsLiquidity on hand
$36.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$107.8M
Total Assets
$3.6B
$464.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
CTRN
CTRN
Q1 26
$36.2M
Q4 25
$32.3M
Q3 25
$75.5M
Q2 25
$122.6M
Q1 25
$29.4M
Q4 24
$90.2M
Q3 24
$36.5M
Q2 24
$30.4M
Total Debt
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
$2.6B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.2B
Stockholders' Equity
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
$792.7M
$107.8M
Q3 25
$841.5M
$113.2M
Q2 25
$879.8M
$108.6M
Q1 25
$993.6M
$113.2M
Q4 24
$1.0B
$130.3M
Q3 24
$1.1B
$136.6M
Q2 24
$1.3B
$154.8M
Total Assets
BDN
BDN
CTRN
CTRN
Q1 26
$3.6B
Q4 25
$3.6B
$464.3M
Q3 25
$3.3B
$457.4M
Q2 25
$3.4B
$437.4M
Q1 25
$3.4B
$462.8M
Q4 24
$3.5B
$467.1M
Q3 24
$3.6B
$506.7M
Q2 24
$3.8B
$484.1M
Debt / Equity
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
3.23×
Q3 25
2.70×
Q2 25
2.63×
Q1 25
2.23×
Q4 24
2.13×
Q3 24
2.06×
Q2 24
1.73×

Cash Flow & Capital Efficiency

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

Metric
BDN
BDN
CTRN
CTRN
Operating Cash FlowLast quarter
$8.6M
Free Cash FlowOCF − Capex
$767.0K
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
$116.7M
$8.6M
Q3 25
$47.5M
$3.9M
Q2 25
$34.4M
$-11.0M
Q1 25
$6.3M
$28.5M
Q4 24
$181.1M
$-18.4M
Q3 24
$52.2M
$5.6M
Q2 24
$48.2M
$-19.6M
Free Cash Flow
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
$767.0K
Q3 25
$-1.7M
Q2 25
$-13.1M
Q1 25
$26.0M
Q4 24
$-20.4M
Q3 24
$1.7M
Q2 24
$-21.2M
FCF Margin
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
0.4%
Q3 25
-0.9%
Q2 25
-6.5%
Q1 25
12.3%
Q4 24
-11.4%
Q3 24
0.9%
Q2 24
-11.4%
Capex Intensity
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
4.0%
Q3 25
2.9%
Q2 25
1.0%
Q1 25
1.2%
Q4 24
1.1%
Q3 24
2.2%
Q2 24
0.9%
Cash Conversion
BDN
BDN
CTRN
CTRN
Q1 26
Q4 25
Q3 25
1.01×
Q2 25
-12.59×
Q1 25
Q4 24
Q3 24
Q2 24
1.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDN
BDN

Rents$120.7M95%
Third party management fees, labor reimbursement and leasing$4.7M4%

CTRN
CTRN

Segment breakdown not available.

Related Comparisons