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Side-by-side financial comparison of BRC Inc. (BRCC) and UNITIL CORP (UTL). Click either name above to swap in a different company.

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $112.7M, roughly 1.4× BRC Inc.). UNITIL CORP runs the higher net margin — 11.8% vs -2.8%, a 14.6% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 6.5%). BRC Inc. produced more free cash flow last quarter ($-9.4M vs $-36.3M). Over the past eight quarters, BRC Inc.'s revenue compounded faster (7.0% CAGR vs -4.9%).

BRC Inc., operating under the Black Rifle Coffee brand, is a U.S.-headquartered premium coffee and lifestyle brand. It sells roasted coffee beans, ready-to-drink coffee products, branded apparel, and outdoor gear, targeting primarily veteran, first responder, and outdoor enthusiast consumer segments across North America, via both e-commerce and physical retail channels.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

BRCC vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.4× larger
UTL
$161.5M
$112.7M
BRCC
Growing faster (revenue YoY)
UTL
UTL
+20.2% gap
UTL
26.7%
6.5%
BRCC
Higher net margin
UTL
UTL
14.6% more per $
UTL
11.8%
-2.8%
BRCC
More free cash flow
BRCC
BRCC
$26.9M more FCF
BRCC
$-9.4M
$-36.3M
UTL
Faster 2-yr revenue CAGR
BRCC
BRCC
Annualised
BRCC
7.0%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRCC
BRCC
UTL
UTL
Revenue
$112.7M
$161.5M
Net Profit
$-3.2M
$19.0M
Gross Margin
32.1%
Operating Margin
-6.3%
21.5%
Net Margin
-2.8%
11.8%
Revenue YoY
6.5%
26.7%
Net Profit YoY
-29.3%
21.8%
EPS (diluted)
$-0.02
$1.05

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
BRCC
BRCC
UTL
UTL
Q4 25
$112.7M
$161.5M
Q3 25
$100.7M
$101.1M
Q2 25
$94.8M
$102.6M
Q1 25
$90.0M
$170.8M
Q4 24
$105.9M
$127.5M
Q3 24
$98.2M
$92.9M
Q2 24
$89.0M
$95.7M
Q1 24
$98.4M
$178.7M
Net Profit
BRCC
BRCC
UTL
UTL
Q4 25
$-3.2M
$19.0M
Q3 25
$-486.0K
$-300.0K
Q2 25
$-5.3M
$4.0M
Q1 25
$-2.9M
$27.5M
Q4 24
$-2.5M
$15.6M
Q3 24
$-535.0K
$0
Q2 24
$-482.0K
$4.3M
Q1 24
$548.0K
$27.2M
Gross Margin
BRCC
BRCC
UTL
UTL
Q4 25
32.1%
Q3 25
36.9%
Q2 25
33.9%
Q1 25
36.1%
Q4 24
38.1%
Q3 24
42.1%
Q2 24
41.9%
Q1 24
42.9%
Operating Margin
BRCC
BRCC
UTL
UTL
Q4 25
-6.3%
21.5%
Q3 25
0.5%
6.9%
Q2 25
-13.3%
13.0%
Q1 25
-6.0%
27.0%
Q4 24
-2.1%
22.1%
Q3 24
1.1%
6.2%
Q2 24
1.1%
13.0%
Q1 24
4.0%
24.7%
Net Margin
BRCC
BRCC
UTL
UTL
Q4 25
-2.8%
11.8%
Q3 25
-0.5%
-0.3%
Q2 25
-5.6%
3.9%
Q1 25
-3.2%
16.1%
Q4 24
-2.3%
12.2%
Q3 24
-0.5%
Q2 24
-0.5%
4.5%
Q1 24
0.6%
15.2%
EPS (diluted)
BRCC
BRCC
UTL
UTL
Q4 25
$-0.02
$1.05
Q3 25
$0.00
$-0.02
Q2 25
$-0.07
$0.25
Q1 25
$-0.04
$1.69
Q4 24
$-0.03
$0.97
Q3 24
$-0.01
$0.00
Q2 24
$-0.01
$0.27
Q1 24
$0.01
$1.69

Balance Sheet & Financial Strength

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

Metric
BRCC
BRCC
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$4.3M
$15.6M
Total DebtLower is stronger
$34.7M
$670.5M
Stockholders' EquityBook value
$45.7M
$609.6M
Total Assets
$209.2M
$2.1B
Debt / EquityLower = less leverage
0.76×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCC
BRCC
UTL
UTL
Q4 25
$4.3M
$15.6M
Q3 25
$9.5M
$14.6M
Q2 25
$4.3M
$8.5M
Q1 25
$3.9M
$10.2M
Q4 24
$6.8M
$6.3M
Q3 24
$7.3M
$6.3M
Q2 24
$9.6M
$2.8M
Q1 24
$4.0M
$6.3M
Total Debt
BRCC
BRCC
UTL
UTL
Q4 25
$34.7M
$670.5M
Q3 25
$35.0M
$670.5M
Q2 25
$72.7M
$640.7M
Q1 25
$68.8M
$642.1M
Q4 24
$65.1M
$643.3M
Q3 24
$64.9M
$643.3M
Q2 24
$66.5M
$511.3M
Q1 24
$61.5M
$512.8M
Stockholders' Equity
BRCC
BRCC
UTL
UTL
Q4 25
$45.7M
$609.6M
Q3 25
$48.0M
$597.2M
Q2 25
$10.1M
$532.8M
Q1 25
$11.2M
$534.1M
Q4 24
$13.2M
$512.5M
Q3 24
$14.5M
$502.4M
Q2 24
$14.9M
$508.8M
Q1 24
$14.6M
$510.8M
Total Assets
BRCC
BRCC
UTL
UTL
Q4 25
$209.2M
$2.1B
Q3 25
$222.4M
$1.9B
Q2 25
$225.3M
$1.9B
Q1 25
$222.9M
$1.9B
Q4 24
$227.4M
$1.8B
Q3 24
$233.7M
$1.7B
Q2 24
$229.9M
$1.7B
Q1 24
$227.2M
$1.7B
Debt / Equity
BRCC
BRCC
UTL
UTL
Q4 25
0.76×
1.10×
Q3 25
0.73×
1.12×
Q2 25
7.19×
1.20×
Q1 25
6.15×
1.20×
Q4 24
4.94×
1.26×
Q3 24
4.47×
1.28×
Q2 24
4.46×
1.00×
Q1 24
4.21×
1.00×

Cash Flow & Capital Efficiency

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

Metric
BRCC
BRCC
UTL
UTL
Operating Cash FlowLast quarter
$-8.7M
$21.4M
Free Cash FlowOCF − Capex
$-9.4M
$-36.3M
FCF MarginFCF / Revenue
-8.3%
-22.5%
Capex IntensityCapex / Revenue
0.6%
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-13.5M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCC
BRCC
UTL
UTL
Q4 25
$-8.7M
$21.4M
Q3 25
$6.4M
$15.6M
Q2 25
$-3.3M
$42.2M
Q1 25
$-4.1M
$52.1M
Q4 24
$2.2M
$23.3M
Q3 24
$1.9M
$26.1M
Q2 24
$2.3M
$49.9M
Q1 24
$4.9M
$26.6M
Free Cash Flow
BRCC
BRCC
UTL
UTL
Q4 25
$-9.4M
$-36.3M
Q3 25
$5.6M
$-39.0M
Q2 25
$-4.3M
$2.0M
Q1 25
$-5.3M
$19.5M
Q4 24
$504.0K
$-32.3M
Q3 24
$-205.0K
$-31.3M
Q2 24
$147.0K
$13.2M
Q1 24
$2.2M
$6.4M
FCF Margin
BRCC
BRCC
UTL
UTL
Q4 25
-8.3%
-22.5%
Q3 25
5.5%
-38.6%
Q2 25
-4.5%
1.9%
Q1 25
-5.9%
11.4%
Q4 24
0.5%
-25.3%
Q3 24
-0.2%
-33.7%
Q2 24
0.2%
13.8%
Q1 24
2.2%
3.6%
Capex Intensity
BRCC
BRCC
UTL
UTL
Q4 25
0.6%
35.7%
Q3 25
0.8%
54.0%
Q2 25
1.0%
39.2%
Q1 25
1.3%
19.1%
Q4 24
1.6%
43.6%
Q3 24
2.2%
61.8%
Q2 24
2.4%
38.3%
Q1 24
2.8%
11.3%
Cash Conversion
BRCC
BRCC
UTL
UTL
Q4 25
1.13×
Q3 25
Q2 25
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
11.60×
Q1 24
8.97×
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRCC
BRCC

Sales Channel Through Intermediary$72.9M65%
Sales Channel Directly To Consumer$34.4M31%
Outpost$5.4M5%

UTL
UTL

Segment breakdown not available.

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