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Side-by-side financial comparison of BOK FINANCIAL CORP (BOKF) and Freshpet, Inc. (FRPT). Click either name above to swap in a different company.

BOK FINANCIAL CORP is the larger business by last-quarter revenue ($589.6M vs $297.6M, roughly 2.0× Freshpet, Inc.). BOK FINANCIAL CORP runs the higher net margin — 30.1% vs 16.3%, a 13.8% gap on every dollar of revenue. On growth, Freshpet, Inc. posted the faster year-over-year revenue change (13.1% vs 12.7%). BOK FINANCIAL CORP produced more free cash flow last quarter ($575.2M vs $12.7M). Over the past eight quarters, BOK FINANCIAL CORP's revenue compounded faster (13.8% CAGR vs 12.5%).

BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., and the largest in Oklahoma.

Freshpet, Inc. is an American pet food company. Its cat food and dog food products are marketed as fresh and need to be kept refrigerated. It is listed on the Nasdaq exchange with the ticker symbol FRPT.

BOKF vs FRPT — Head-to-Head

Bigger by revenue
BOKF
BOKF
2.0× larger
BOKF
$589.6M
$297.6M
FRPT
Growing faster (revenue YoY)
FRPT
FRPT
+0.4% gap
FRPT
13.1%
12.7%
BOKF
Higher net margin
BOKF
BOKF
13.8% more per $
BOKF
30.1%
16.3%
FRPT
More free cash flow
BOKF
BOKF
$562.5M more FCF
BOKF
$575.2M
$12.7M
FRPT
Faster 2-yr revenue CAGR
BOKF
BOKF
Annualised
BOKF
13.8%
12.5%
FRPT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BOKF
BOKF
FRPT
FRPT
Revenue
$589.6M
$297.6M
Net Profit
$177.3M
$48.5M
Gross Margin
40.5%
Operating Margin
38.8%
Net Margin
30.1%
16.3%
Revenue YoY
12.7%
13.1%
Net Profit YoY
30.2%
482.0%
EPS (diluted)
$2.90

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
BOKF
BOKF
FRPT
FRPT
Q1 26
$297.6M
Q4 25
$589.6M
$285.2M
Q3 25
$548.4M
$288.8M
Q2 25
$535.3M
$264.7M
Q1 25
$502.3M
$263.2M
Q4 24
$523.1M
$262.7M
Q3 24
$516.3M
$253.4M
Q2 24
$555.7M
$235.3M
Net Profit
BOKF
BOKF
FRPT
FRPT
Q1 26
$48.5M
Q4 25
$177.3M
$33.8M
Q3 25
$140.9M
$101.7M
Q2 25
$140.0M
$16.4M
Q1 25
$119.8M
$-12.7M
Q4 24
$136.2M
$18.1M
Q3 24
$140.0M
$11.9M
Q2 24
$163.7M
$-1.7M
Gross Margin
BOKF
BOKF
FRPT
FRPT
Q1 26
40.5%
Q4 25
43.3%
Q3 25
39.5%
Q2 25
40.9%
Q1 25
39.4%
Q4 24
42.5%
Q3 24
40.4%
Q2 24
39.9%
Operating Margin
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
38.8%
15.6%
Q3 25
32.2%
8.6%
Q2 25
33.8%
6.7%
Q1 25
30.8%
-4.4%
Q4 24
33.5%
7.4%
Q3 24
33.6%
4.7%
Q2 24
38.0%
-0.7%
Net Margin
BOKF
BOKF
FRPT
FRPT
Q1 26
16.3%
Q4 25
30.1%
11.9%
Q3 25
25.7%
35.2%
Q2 25
26.2%
6.2%
Q1 25
23.8%
-4.8%
Q4 24
26.0%
6.9%
Q3 24
27.1%
4.7%
Q2 24
29.5%
-0.7%
EPS (diluted)
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
$2.90
$0.71
Q3 25
$2.22
$1.86
Q2 25
$2.19
$0.33
Q1 25
$1.86
$-0.26
Q4 24
$2.13
$0.35
Q3 24
$2.18
$0.24
Q2 24
$2.54
$-0.03

Balance Sheet & Financial Strength

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

Metric
BOKF
BOKF
FRPT
FRPT
Cash + ST InvestmentsLiquidity on hand
$381.4M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$5.9B
$1.3B
Total Assets
$52.2B
$1.8B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOKF
BOKF
FRPT
FRPT
Q1 26
$381.4M
Q4 25
$278.0M
Q3 25
$274.6M
Q2 25
$243.7M
Q1 25
$243.7M
Q4 24
$268.6M
Q3 24
$274.6M
Q2 24
$251.7M
Total Debt
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
$4.6B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
BOKF
BOKF
FRPT
FRPT
Q1 26
$1.3B
Q4 25
$5.9B
$1.2B
Q3 25
$6.0B
$1.2B
Q2 25
$5.9B
$1.1B
Q1 25
$5.8B
$1.0B
Q4 24
$5.5B
$1.1B
Q3 24
$5.6B
$1.0B
Q2 24
$5.2B
$995.8M
Total Assets
BOKF
BOKF
FRPT
FRPT
Q1 26
$1.8B
Q4 25
$52.2B
$1.8B
Q3 25
$50.2B
$1.7B
Q2 25
$51.0B
$1.6B
Q1 25
$50.5B
$1.6B
Q4 24
$49.7B
$1.6B
Q3 24
$50.1B
$1.5B
Q2 24
$50.4B
$1.5B
Debt / Equity
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
0.78×
Q3 25
Q2 25
Q1 25
Q4 24
0.80×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BOKF
BOKF
FRPT
FRPT
Operating Cash FlowLast quarter
$739.6M
Free Cash FlowOCF − Capex
$575.2M
$12.7M
FCF MarginFCF / Revenue
97.6%
4.3%
Capex IntensityCapex / Revenue
27.9%
9.3%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$46.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
$739.6M
$55.1M
Q3 25
$867.8M
$66.8M
Q2 25
$89.4M
$33.9M
Q1 25
$20.3M
$4.8M
Q4 24
$1.4B
$50.4M
Q3 24
$246.7M
$56.1M
Q2 24
$463.5M
$42.4M
Free Cash Flow
BOKF
BOKF
FRPT
FRPT
Q1 26
$12.7M
Q4 25
$575.2M
$2.1M
Q3 25
$838.5M
$31.6M
Q2 25
$60.8M
$445.0K
Q1 25
$-28.0M
$-21.7M
Q4 24
$1.3B
$-7.9M
Q3 24
$209.5M
$22.1M
Q2 24
$417.2M
$-5.9M
FCF Margin
BOKF
BOKF
FRPT
FRPT
Q1 26
4.3%
Q4 25
97.6%
0.7%
Q3 25
152.9%
10.9%
Q2 25
11.4%
0.2%
Q1 25
-5.6%
-8.2%
Q4 24
240.7%
-3.0%
Q3 24
40.6%
8.7%
Q2 24
75.1%
-2.5%
Capex Intensity
BOKF
BOKF
FRPT
FRPT
Q1 26
9.3%
Q4 25
27.9%
18.6%
Q3 25
5.3%
12.2%
Q2 25
5.3%
12.6%
Q1 25
9.6%
10.1%
Q4 24
32.8%
22.2%
Q3 24
7.2%
13.4%
Q2 24
8.3%
20.5%
Cash Conversion
BOKF
BOKF
FRPT
FRPT
Q1 26
Q4 25
4.17×
1.63×
Q3 25
6.16×
0.66×
Q2 25
0.64×
2.07×
Q1 25
0.17×
Q4 24
10.51×
2.78×
Q3 24
1.76×
4.72×
Q2 24
2.83×

Financial Flow Comparison

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

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