vs

Side-by-side financial comparison of BT Brands, Inc. (BTBD) and Marathon Bancorp, Inc. (MBBC). Click either name above to swap in a different company.

BT Brands, Inc. is the larger business by last-quarter revenue ($3.9M vs $2.2M, roughly 1.7× Marathon Bancorp, Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs 22.3%, a 1.4% gap on every dollar of revenue. On growth, Marathon Bancorp, Inc. posted the faster year-over-year revenue change (41.7% vs -11.4%). Marathon Bancorp, Inc. produced more free cash flow last quarter ($1.4M vs $261.8K). Over the past eight quarters, Marathon Bancorp, Inc.'s revenue compounded faster (20.3% CAGR vs -1.8%).

BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.

Marathon Bancorp, Inc. is a Maryland-based financial holding company that primarily operates through its community bank subsidiary. It offers a full range of retail and commercial banking products including deposit accounts, consumer loans, commercial mortgages, and small business financing, serving individual and small-to-medium enterprise customers across local markets in Maryland.

BTBD vs MBBC — Head-to-Head

Bigger by revenue
BTBD
BTBD
1.7× larger
BTBD
$3.9M
$2.2M
MBBC
Growing faster (revenue YoY)
MBBC
MBBC
+53.1% gap
MBBC
41.7%
-11.4%
BTBD
Higher net margin
BTBD
BTBD
1.4% more per $
BTBD
23.7%
22.3%
MBBC
More free cash flow
MBBC
MBBC
$1.1M more FCF
MBBC
$1.4M
$261.8K
BTBD
Faster 2-yr revenue CAGR
MBBC
MBBC
Annualised
MBBC
20.3%
-1.8%
BTBD

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BTBD
BTBD
MBBC
MBBC
Revenue
$3.9M
$2.2M
Net Profit
$915.0K
$501.4K
Gross Margin
Operating Margin
19.1%
26.2%
Net Margin
23.7%
22.3%
Revenue YoY
-11.4%
41.7%
Net Profit YoY
516.9%
880.7%
EPS (diluted)
$0.15
$0.19

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
BTBD
BTBD
MBBC
MBBC
Q4 25
$2.2M
Q3 25
$3.9M
$2.1M
Q2 25
$3.8M
$1.9M
Q1 25
$3.2M
$1.7M
Q4 24
$1.6M
Q3 24
$4.3M
$1.6M
Q2 24
$4.1M
$1.6M
Q1 24
$3.2M
$1.6M
Net Profit
BTBD
BTBD
MBBC
MBBC
Q4 25
$501.4K
Q3 25
$915.0K
$444.3K
Q2 25
$55.0K
$-332.0K
Q1 25
$-329.8K
$148.4K
Q4 24
$51.1K
Q3 24
$-219.5K
$174.9K
Q2 24
$-70.0K
$85.8K
Q1 24
$-445.7K
$-631.1K
Operating Margin
BTBD
BTBD
MBBC
MBBC
Q4 25
26.2%
Q3 25
19.1%
25.5%
Q2 25
-2.0%
-25.7%
Q1 25
-9.0%
11.6%
Q4 24
3.3%
Q3 24
-1.7%
13.4%
Q2 24
-4.6%
4.1%
Q1 24
-19.8%
-53.7%
Net Margin
BTBD
BTBD
MBBC
MBBC
Q4 25
22.3%
Q3 25
23.7%
20.7%
Q2 25
1.5%
-18.9%
Q1 25
-10.2%
8.9%
Q4 24
3.2%
Q3 24
-5.0%
10.8%
Q2 24
-1.7%
6.2%
Q1 24
-14.0%
-40.7%
EPS (diluted)
BTBD
BTBD
MBBC
MBBC
Q4 25
$0.19
Q3 25
$0.15
$0.17
Q2 25
$-0.13
Q1 25
$0.07
Q4 24
$0.02
Q3 24
$-0.04
$0.06
Q2 24
$0.07
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
BTBD
BTBD
MBBC
MBBC
Cash + ST InvestmentsLiquidity on hand
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7M
$46.9M
Total Assets
$11.9M
$248.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTBD
BTBD
MBBC
MBBC
Q4 25
Q3 25
$3.5M
Q2 25
$3.0M
Q1 25
$2.7M
Q4 24
Q3 24
$2.0M
Q2 24
$1.5M
Q1 24
$1.5M
Stockholders' Equity
BTBD
BTBD
MBBC
MBBC
Q4 25
$46.9M
Q3 25
$7.7M
$46.3M
Q2 25
$6.8M
$45.7M
Q1 25
$6.7M
$32.0M
Q4 24
$31.7M
Q3 24
$8.5M
$31.6M
Q2 24
$8.7M
$31.3M
Q1 24
$8.8M
$31.4M
Total Assets
BTBD
BTBD
MBBC
MBBC
Q4 25
$248.0M
Q3 25
$11.9M
$246.0M
Q2 25
$11.2M
$238.8M
Q1 25
$11.0M
$236.8M
Q4 24
$217.9M
Q3 24
$13.7M
$216.5M
Q2 24
$14.0M
$219.3M
Q1 24
$14.0M
$225.8M

Cash Flow & Capital Efficiency

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

Metric
BTBD
BTBD
MBBC
MBBC
Operating Cash FlowLast quarter
$325.2K
$1.4M
Free Cash FlowOCF − Capex
$261.8K
$1.4M
FCF MarginFCF / Revenue
6.8%
62.3%
Capex IntensityCapex / Revenue
1.6%
0.6%
Cash ConversionOCF / Net Profit
0.36×
2.82×
TTM Free Cash FlowTrailing 4 quarters
$3.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTBD
BTBD
MBBC
MBBC
Q4 25
$1.4M
Q3 25
$325.2K
$464.0K
Q2 25
$384.4K
$1.4M
Q1 25
$-306.7K
$849.0K
Q4 24
$113.6K
Q3 24
$129.3K
$945.2K
Q2 24
$82.5K
$416.6K
Q1 24
$-408.9K
$-802.1K
Free Cash Flow
BTBD
BTBD
MBBC
MBBC
Q4 25
$1.4M
Q3 25
$261.8K
$456.6K
Q2 25
$1.3M
Q1 25
$-431.1K
$773.2K
Q4 24
$105.0K
Q3 24
$50.4K
$921.6K
Q2 24
$53.7K
$-1.8M
Q1 24
$-521.3K
$-1.1M
FCF Margin
BTBD
BTBD
MBBC
MBBC
Q4 25
62.3%
Q3 25
6.8%
21.3%
Q2 25
66.0%
Q1 25
-13.3%
46.3%
Q4 24
6.6%
Q3 24
1.2%
57.1%
Q2 24
1.3%
-118.5%
Q1 24
-16.3%
-67.9%
Capex Intensity
BTBD
BTBD
MBBC
MBBC
Q4 25
0.6%
Q3 25
1.6%
0.3%
Q2 25
0.0%
9.3%
Q1 25
3.8%
4.5%
Q4 24
0.5%
Q3 24
1.8%
1.5%
Q2 24
0.7%
145.2%
Q1 24
3.5%
16.2%
Cash Conversion
BTBD
BTBD
MBBC
MBBC
Q4 25
2.82×
Q3 25
0.36×
1.04×
Q2 25
6.98×
Q1 25
5.72×
Q4 24
2.22×
Q3 24
5.40×
Q2 24
4.85×
Q1 24

Financial Flow Comparison

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

Related Comparisons