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Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $127.0M, roughly 1.2× BRANDYWINE REALTY TRUST). On growth, BRANDYWINE REALTY TRUST posted the faster year-over-year revenue change (4.5% vs 3.6%). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% CAGR vs 0.7%).

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.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

BDN vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.2× larger
RGR
$151.1M
$127.0M
BDN
Growing faster (revenue YoY)
BDN
BDN
+0.9% gap
BDN
4.5%
3.6%
RGR
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
0.7%
BDN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDN
BDN
RGR
RGR
Revenue
$127.0M
$151.1M
Net Profit
$-48.8M
Gross Margin
17.8%
Operating Margin
1.2%
2.3%
Net Margin
-38.4%
Revenue YoY
4.5%
3.6%
Net Profit YoY
-80.4%
EPS (diluted)
$-0.28
$0.22

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
RGR
RGR
Q1 26
$127.0M
Q4 25
$121.0M
$151.1M
Q3 25
$121.4M
$126.8M
Q2 25
$120.6M
$132.5M
Q1 25
$121.5M
$135.7M
Q4 24
$121.9M
$145.8M
Q3 24
$131.8M
$122.3M
Q2 24
$125.3M
$130.8M
Net Profit
BDN
BDN
RGR
RGR
Q1 26
$-48.8M
Q4 25
$-36.7M
Q3 25
$-25.9M
$1.6M
Q2 25
$-88.7M
$-17.2M
Q1 25
$-27.0M
$7.8M
Q4 24
$-44.5M
Q3 24
$-165.2M
$4.7M
Q2 24
$30.2M
$8.3M
Gross Margin
BDN
BDN
RGR
RGR
Q1 26
Q4 25
61.3%
17.8%
Q3 25
62.6%
15.1%
Q2 25
62.4%
3.9%
Q1 25
60.8%
22.0%
Q4 24
61.2%
22.8%
Q3 24
64.9%
18.5%
Q2 24
63.1%
22.3%
Operating Margin
BDN
BDN
RGR
RGR
Q1 26
1.2%
Q4 25
22.8%
2.3%
Q3 25
20.8%
-2.7%
Q2 25
-34.3%
-15.6%
Q1 25
12.5%
6.2%
Q4 24
18.0%
7.8%
Q3 24
-7.2%
3.1%
Q2 24
15.5%
6.9%
Net Margin
BDN
BDN
RGR
RGR
Q1 26
-38.4%
Q4 25
-30.3%
Q3 25
-21.3%
1.2%
Q2 25
-73.5%
-13.0%
Q1 25
-22.2%
5.7%
Q4 24
-36.5%
Q3 24
-125.4%
3.9%
Q2 24
24.1%
6.3%
EPS (diluted)
BDN
BDN
RGR
RGR
Q1 26
$-0.28
Q4 25
$-0.21
$0.22
Q3 25
$-0.15
$0.10
Q2 25
$-0.51
$-1.05
Q1 25
$-0.16
$0.46
Q4 24
$-0.25
$0.62
Q3 24
$-0.96
$0.28
Q2 24
$0.17
$0.47

Balance Sheet & Financial Strength

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

Metric
BDN
BDN
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$36.2M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$283.8M
Total Assets
$3.6B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
RGR
RGR
Q1 26
$36.2M
Q4 25
$32.3M
$92.5M
Q3 25
$75.5M
$80.8M
Q2 25
$122.6M
$101.4M
Q1 25
$29.4M
$108.3M
Q4 24
$90.2M
$105.5M
Q3 24
$36.5M
$96.0M
Q2 24
$30.4M
$105.6M
Total Debt
BDN
BDN
RGR
RGR
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
RGR
RGR
Q1 26
Q4 25
$792.7M
$283.8M
Q3 25
$841.5M
$279.6M
Q2 25
$879.8M
$289.3M
Q1 25
$993.6M
$321.5M
Q4 24
$1.0B
$319.6M
Q3 24
$1.1B
$314.9M
Q2 24
$1.3B
$321.5M
Total Assets
BDN
BDN
RGR
RGR
Q1 26
$3.6B
Q4 25
$3.6B
$342.0M
Q3 25
$3.3B
$342.3M
Q2 25
$3.4B
$349.5M
Q1 25
$3.4B
$379.0M
Q4 24
$3.5B
$384.0M
Q3 24
$3.6B
$373.5M
Q2 24
$3.8B
$376.7M
Debt / Equity
BDN
BDN
RGR
RGR
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
RGR
RGR
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDN
BDN
RGR
RGR
Q1 26
Q4 25
$116.7M
$15.5M
Q3 25
$47.5M
$12.9M
Q2 25
$34.4M
$14.7M
Q1 25
$6.3M
$11.1M
Q4 24
$181.1M
$20.0M
Q3 24
$52.2M
$9.4M
Q2 24
$48.2M
$18.7M
Free Cash Flow
BDN
BDN
RGR
RGR
Q1 26
Q4 25
$12.3M
Q3 25
$7.0M
Q2 25
$9.1M
Q1 25
$10.0M
Q4 24
$16.4M
Q3 24
$2.6M
Q2 24
$10.1M
FCF Margin
BDN
BDN
RGR
RGR
Q1 26
Q4 25
8.2%
Q3 25
5.5%
Q2 25
6.9%
Q1 25
7.4%
Q4 24
11.2%
Q3 24
2.1%
Q2 24
7.7%
Capex Intensity
BDN
BDN
RGR
RGR
Q1 26
Q4 25
2.1%
Q3 25
4.6%
Q2 25
4.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
5.5%
Q2 24
6.6%
Cash Conversion
BDN
BDN
RGR
RGR
Q1 26
Q4 25
Q3 25
8.15×
Q2 25
Q1 25
1.43×
Q4 24
Q3 24
1.98×
Q2 24
1.60×
2.27×

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%

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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