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Side-by-side financial comparison of CATO CORP (CATO) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

CATO CORP is the larger business by last-quarter revenue ($155.4M vs $77.7M, roughly 2.0× Prairie Operating Co.). Prairie Operating Co. runs the higher net margin — 1.7% vs -3.3%, a 5.0% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs -5.7%).

The Cato Corporation is an American retailer of women's fashions and accessories. The company is headquartered in Charlotte, North Carolina. As of January 2016, the company operated 1,372 stores under the names Cato, Cato Plus, It's Fashion, It's Fashion Metro and Versona.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

CATO vs PROP — Head-to-Head

Bigger by revenue
CATO
CATO
2.0× larger
CATO
$155.4M
$77.7M
PROP
Higher net margin
PROP
PROP
5.0% more per $
PROP
1.7%
-3.3%
CATO
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
-5.7%
CATO

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
CATO
CATO
PROP
PROP
Revenue
$155.4M
$77.7M
Net Profit
$-5.2M
$1.3M
Gross Margin
32.7%
Operating Margin
-5.3%
34.8%
Net Margin
-3.3%
1.7%
Revenue YoY
6.3%
Net Profit YoY
65.6%
111.3%
EPS (diluted)
$-0.28
$-0.44

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
CATO
CATO
PROP
PROP
Q4 25
$155.4M
Q3 25
$176.5M
$77.7M
Q2 25
$170.2M
$68.1M
Q1 25
$157.9M
$13.6M
Q4 24
$146.2M
Q3 24
$168.6M
$0
Q2 24
$177.1M
Q1 24
$174.9M
Net Profit
CATO
CATO
PROP
PROP
Q4 25
$-5.2M
Q3 25
$6.8M
$1.3M
Q2 25
$3.3M
$35.7M
Q1 25
$-14.1M
$-2.6M
Q4 24
$-15.1M
Q3 24
$95.0K
$-11.4M
Q2 24
$11.0M
Q1 24
Gross Margin
CATO
CATO
PROP
PROP
Q4 25
32.7%
Q3 25
36.8%
Q2 25
35.8%
Q1 25
29.2%
Q4 24
29.6%
Q3 24
35.3%
Q2 24
36.5%
Q1 24
32.1%
Operating Margin
CATO
CATO
PROP
PROP
Q4 25
-5.3%
Q3 25
3.1%
34.8%
Q2 25
2.0%
27.8%
Q1 25
-15.2%
12.9%
Q4 24
-11.6%
Q3 24
-0.4%
Q2 24
3.5%
Q1 24
-9.5%
Net Margin
CATO
CATO
PROP
PROP
Q4 25
-3.3%
Q3 25
3.9%
1.7%
Q2 25
1.9%
52.4%
Q1 25
-8.9%
-19.3%
Q4 24
-10.3%
Q3 24
0.1%
Q2 24
6.2%
Q1 24
EPS (diluted)
CATO
CATO
PROP
PROP
Q4 25
$-0.28
Q3 25
$0.35
$-0.44
Q2 25
$0.17
$0.18
Q1 25
$-0.73
$-3.49
Q4 24
$-0.79
Q3 24
$0.01
$-0.68
Q2 24
$0.54
Q1 24
$-1.15

Balance Sheet & Financial Strength

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

Metric
CATO
CATO
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$79.0M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$167.6M
$101.8M
Total Assets
$450.2M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CATO
CATO
PROP
PROP
Q4 25
$79.0M
Q3 25
$90.8M
$10.6M
Q2 25
$80.0M
$10.7M
Q1 25
$77.7M
$15.0M
Q4 24
$86.2M
Q3 24
$104.7M
$40.1M
Q2 24
$105.4M
Q1 24
$103.0M
Total Debt
CATO
CATO
PROP
PROP
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CATO
CATO
PROP
PROP
Q4 25
$167.6M
Q3 25
$172.2M
$101.8M
Q2 25
$164.9M
$94.2M
Q1 25
$162.3M
$34.0M
Q4 24
$177.1M
Q3 24
$195.1M
$61.3M
Q2 24
$196.9M
Q1 24
$192.3M
Total Assets
CATO
CATO
PROP
PROP
Q4 25
$450.2M
Q3 25
$436.9M
$939.8M
Q2 25
$440.8M
$858.5M
Q1 25
$452.4M
$775.4M
Q4 24
$424.4M
Q3 24
$455.6M
$107.2M
Q2 24
$477.1M
Q1 24
$486.8M
Debt / Equity
CATO
CATO
PROP
PROP
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CATO
CATO
PROP
PROP
Operating Cash FlowLast quarter
$-12.4M
$57.7M
Free Cash FlowOCF − Capex
$-12.9M
FCF MarginFCF / Revenue
-8.3%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters
$-7.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CATO
CATO
PROP
PROP
Q4 25
$-12.4M
Q3 25
$11.8M
$57.7M
Q2 25
$3.9M
$-7.2M
Q1 25
$-6.5M
$16.9M
Q4 24
$-22.1M
Q3 24
$3.1M
$2.8M
Q2 24
$5.7M
Q1 24
$-11.2M
Free Cash Flow
CATO
CATO
PROP
PROP
Q4 25
$-12.9M
Q3 25
$10.4M
Q2 25
$2.8M
Q1 25
$-7.8M
Q4 24
$-23.8M
Q3 24
$1.6M
Q2 24
$2.4M
Q1 24
$-13.5M
FCF Margin
CATO
CATO
PROP
PROP
Q4 25
-8.3%
Q3 25
5.9%
Q2 25
1.7%
Q1 25
-5.0%
Q4 24
-16.3%
Q3 24
0.9%
Q2 24
1.4%
Q1 24
-7.7%
Capex Intensity
CATO
CATO
PROP
PROP
Q4 25
0.3%
Q3 25
0.8%
Q2 25
0.6%
Q1 25
0.9%
Q4 24
1.2%
Q3 24
0.9%
Q2 24
1.8%
Q1 24
1.3%
Cash Conversion
CATO
CATO
PROP
PROP
Q4 25
Q3 25
1.72×
44.80×
Q2 25
1.17×
-0.20×
Q1 25
Q4 24
Q3 24
32.95×
Q2 24
0.52×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CATO
CATO

Retail Segment$154.7M100%
Credit Card$5.3M3%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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