vs
Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $18.9M, roughly 1.4× Bluerock Homes Trust, Inc.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -50.1%, a 44.5% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (35.9% vs 2.1%). Bluerock Homes Trust, Inc. produced more free cash flow last quarter ($10.4M vs $1.5M). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs 10.5%).
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
BHM vs ITP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $25.6M |
| Net Profit | $-9.5M | $-1.4M |
| Gross Margin | — | 7.9% |
| Operating Margin | -48.8% | -3.9% |
| Net Margin | -50.1% | -5.7% |
| Revenue YoY | 35.9% | 2.1% |
| Net Profit YoY | -29.9% | 26.6% |
| EPS (diluted) | $-0.75 | $-0.11 |
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.
| Q4 25 | $18.9M | — | ||
| Q3 25 | $16.6M | $25.6M | ||
| Q2 25 | $16.8M | $24.8M | ||
| Q1 25 | $16.4M | $10.9M | ||
| Q4 24 | $13.9M | $17.6M | ||
| Q3 24 | $12.7M | $25.1M | ||
| Q2 24 | $12.5M | $26.2M | ||
| Q1 24 | $11.2M | $6.9M |
| Q4 25 | $-9.5M | — | ||
| Q3 25 | $-10.0M | $-1.4M | ||
| Q2 25 | $-5.8M | $-2.0M | ||
| Q1 25 | $-7.3M | $-3.5M | ||
| Q4 24 | $-7.3M | $-4.0M | ||
| Q3 24 | $3.5M | $-2.0M | ||
| Q2 24 | $-5.2M | $-77.7K | ||
| Q1 24 | $-3.2M | $-3.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 12.4% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | -48.8% | — | ||
| Q3 25 | -57.6% | -3.9% | ||
| Q2 25 | -30.9% | -7.1% | ||
| Q1 25 | -42.6% | -31.0% | ||
| Q4 24 | -52.8% | -21.5% | ||
| Q3 24 | 27.9% | -5.8% | ||
| Q2 24 | -41.3% | 2.1% | ||
| Q1 24 | -28.4% | -51.0% |
| Q4 25 | -50.1% | — | ||
| Q3 25 | -60.0% | -5.7% | ||
| Q2 25 | -34.7% | -7.9% | ||
| Q1 25 | -44.7% | -32.2% | ||
| Q4 24 | -52.8% | -22.9% | ||
| Q3 24 | 27.9% | -7.9% | ||
| Q2 24 | -41.3% | -0.3% | ||
| Q1 24 | -28.4% | -54.6% |
| Q4 25 | $-0.75 | — | ||
| Q3 25 | $-0.94 | $-0.11 | ||
| Q2 25 | $-0.66 | $-0.16 | ||
| Q1 25 | $-0.67 | $-0.35 | ||
| Q4 24 | $-0.65 | $-0.40 | ||
| Q3 24 | $0.24 | $-0.20 | ||
| Q2 24 | $-0.42 | $-0.01 | ||
| Q1 24 | $-0.27 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $169.6M | — |
| Total DebtLower is stronger | $428.4M | $4.7M |
| Stockholders' EquityBook value | $128.7M | $152.0M |
| Total Assets | $1.2B | $175.7M |
| Debt / EquityLower = less leverage | 3.33× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $169.6M | — | ||
| Q3 25 | $2.1M | — | ||
| Q2 25 | $4.2M | — | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | $115.2M | — | ||
| Q3 24 | $155.1M | — | ||
| Q2 24 | $116.0M | — | ||
| Q1 24 | $92.3M | — |
| Q4 25 | $428.4M | — | ||
| Q3 25 | $415.9M | $4.7M | ||
| Q2 25 | $338.6M | $4.7M | ||
| Q1 25 | $336.5M | $4.7M | ||
| Q4 24 | $373.8M | $4.7M | ||
| Q3 24 | $122.5M | $8.9M | ||
| Q2 24 | $119.7M | $11.3M | ||
| Q1 24 | $120.2M | $11.4M |
| Q4 25 | $128.7M | — | ||
| Q3 25 | $131.7M | $152.0M | ||
| Q2 25 | $135.3M | $152.3M | ||
| Q1 25 | $137.1M | $152.8M | ||
| Q4 24 | $139.1M | $156.1M | ||
| Q3 24 | $142.9M | $164.3M | ||
| Q2 24 | $142.5M | $163.5M | ||
| Q1 24 | $144.5M | $164.3M |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $222.1M | $175.7M | ||
| Q2 25 | $220.3M | $175.2M | ||
| Q1 25 | $186.2M | $175.2M | ||
| Q4 24 | $967.0M | $177.5M | ||
| Q3 24 | $800.8M | $190.0M | ||
| Q2 24 | $756.2M | $191.4M | ||
| Q1 24 | $727.4M | $177.5M |
| Q4 25 | 3.33× | — | ||
| Q3 25 | 3.16× | 0.03× | ||
| Q2 25 | 2.50× | 0.03× | ||
| Q1 25 | 2.45× | 0.03× | ||
| Q4 24 | 2.69× | 0.03× | ||
| Q3 24 | 0.86× | 0.05× | ||
| Q2 24 | 0.84× | 0.07× | ||
| Q1 24 | 0.83× | 0.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.8M | $1.5M |
| Free Cash FlowOCF − Capex | $10.4M | $1.5M |
| FCF MarginFCF / Revenue | 55.0% | 5.9% |
| Capex IntensityCapex / Revenue | 91.8% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $25.0M | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.8M | — | ||
| Q3 25 | $13.4M | $1.5M | ||
| Q2 25 | $13.9M | $1.4M | ||
| Q1 25 | $951.0K | $-2.5M | ||
| Q4 24 | $9.1M | $3.5M | ||
| Q3 24 | $1.7M | $1.5M | ||
| Q2 24 | $1.3M | $721.9K | ||
| Q1 24 | $1.1M | $624.4K |
| Q4 25 | $10.4M | — | ||
| Q3 25 | $8.7M | $1.5M | ||
| Q2 25 | $8.8M | $1.3M | ||
| Q1 25 | $-2.9M | $-2.5M | ||
| Q4 24 | $-253.0K | $3.5M | ||
| Q3 24 | $-601.0K | $1.2M | ||
| Q2 24 | $-654.0K | $668.3K | ||
| Q1 24 | $-630.0K | $615.4K |
| Q4 25 | 55.0% | — | ||
| Q3 25 | 52.4% | 5.9% | ||
| Q2 25 | 52.2% | 5.4% | ||
| Q1 25 | -17.6% | -22.8% | ||
| Q4 24 | -1.8% | 19.6% | ||
| Q3 24 | -4.7% | 4.9% | ||
| Q2 24 | -5.2% | 2.5% | ||
| Q1 24 | -5.6% | 9.0% |
| Q4 25 | 91.8% | — | ||
| Q3 25 | 28.5% | 0.0% | ||
| Q2 25 | 30.3% | 0.1% | ||
| Q1 25 | 23.4% | 0.1% | ||
| Q4 24 | 66.9% | 0.1% | ||
| Q3 24 | 18.0% | 1.0% | ||
| Q2 24 | 15.3% | 0.2% | ||
| Q1 24 | 15.5% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
ITP
Segment breakdown not available.
