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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.
CATHAY GENERAL BANCORP is the larger business by last-quarter revenue ($222.8M vs $183.8M, roughly 1.2× Wheels Up Experience Inc.). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs -15.7%, a 669.1% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs -10.2%). CATHAY GENERAL BANCORP produced more free cash flow last quarter ($363.7M vs $-58.3M). Over the past eight quarters, CATHAY GENERAL BANCORP's revenue compounded faster (12.8% CAGR vs -3.4%).
Cathay General Bancorp is a U.S.-headquartered bank holding company that operates Cathay Bank, offering full-spectrum commercial and personal banking services. It primarily serves Asian American communities and small-to-medium enterprises across major U.S. states including California, New York and Texas, as well as select Asian markets, with products covering deposits, loans, and wealth management solutions.
Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world. It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model. Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application.
CATY vs UP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $222.8M | $183.8M |
| Net Profit | $90.5M | $-28.9M |
| Gross Margin | — | 14.3% |
| Operating Margin | 50.9% | -0.9% |
| Net Margin | 653.4% | -15.7% |
| Revenue YoY | 19.5% | -10.2% |
| Net Profit YoY | 12.9% | 67.0% |
| EPS (diluted) | $1.33 | $-0.04 |
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 | $222.8M | $183.8M | ||
| Q3 25 | $210.6M | $185.5M | ||
| Q2 25 | $196.6M | $189.6M | ||
| Q1 25 | $187.8M | $177.5M | ||
| Q4 24 | $186.5M | $204.8M | ||
| Q3 24 | $189.5M | $193.9M | ||
| Q2 24 | $178.5M | $196.3M | ||
| Q1 24 | $175.2M | $197.1M |
| Q4 25 | $90.5M | $-28.9M | ||
| Q3 25 | $77.7M | $-83.7M | ||
| Q2 25 | $77.5M | $-82.3M | ||
| Q1 25 | $69.5M | $-99.3M | ||
| Q4 24 | $80.2M | $-87.5M | ||
| Q3 24 | $67.5M | $-57.7M | ||
| Q2 24 | $66.8M | $-97.0M | ||
| Q1 24 | $71.4M | $-97.4M |
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -0.6% |
| Q4 25 | 50.9% | -0.9% | ||
| Q3 25 | 44.5% | -33.1% | ||
| Q2 25 | 49.0% | -31.4% | ||
| Q1 25 | 46.1% | -45.5% | ||
| Q4 24 | 46.5% | -26.0% | ||
| Q3 24 | 41.2% | -21.6% | ||
| Q2 24 | 40.7% | -40.3% | ||
| Q1 24 | 45.7% | -42.9% |
| Q4 25 | 653.4% | -15.7% | ||
| Q3 25 | 36.9% | -45.1% | ||
| Q2 25 | 39.4% | -43.4% | ||
| Q1 25 | 37.0% | -55.9% | ||
| Q4 24 | 587.9% | -42.7% | ||
| Q3 24 | 35.6% | -29.8% | ||
| Q2 24 | 37.4% | -49.4% | ||
| Q1 24 | 40.8% | -49.4% |
| Q4 25 | $1.33 | $-0.04 | ||
| Q3 25 | $1.13 | $-0.12 | ||
| Q2 25 | $1.10 | $-0.12 | ||
| Q1 25 | $0.98 | $-0.14 | ||
| Q4 24 | $1.11 | $-0.13 | ||
| Q3 24 | $0.94 | $-0.08 | ||
| Q2 24 | $0.92 | $-0.14 | ||
| Q1 24 | $0.98 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $133.9M |
| Total DebtLower is stronger | $119.1M | $671.3M |
| Stockholders' EquityBook value | $2.9B | $-392.1M |
| Total Assets | $24.2B | $968.8M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $133.9M | ||
| Q3 25 | — | $125.3M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $171.8M | ||
| Q4 24 | — | $216.4M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $141.5M | ||
| Q1 24 | — | $180.9M |
| Q4 25 | $119.1M | $671.3M | ||
| Q3 25 | $119.1M | $766.5M | ||
| Q2 25 | $119.1M | $770.5M | ||
| Q1 25 | $119.1M | $765.8M | ||
| Q4 24 | $119.1M | $761.3M | ||
| Q3 24 | $119.1M | $596.9M | ||
| Q2 24 | $119.1M | $597.4M | ||
| Q1 24 | $119.1M | $603.2M |
| Q4 25 | $2.9B | $-392.1M | ||
| Q3 25 | $2.9B | $-374.5M | ||
| Q2 25 | $2.9B | $-347.8M | ||
| Q1 25 | $2.9B | $-288.1M | ||
| Q4 24 | $2.8B | $-202.1M | ||
| Q3 24 | $2.8B | $-117.7M | ||
| Q2 24 | $2.8B | $-72.2M | ||
| Q1 24 | $2.8B | $936.0K |
| Q4 25 | $24.2B | $968.8M | ||
| Q3 25 | $24.1B | $973.0M | ||
| Q2 25 | $23.7B | $1.0B | ||
| Q1 25 | $23.2B | $1.1B | ||
| Q4 24 | $23.1B | $1.2B | ||
| Q3 24 | $23.3B | $1.0B | ||
| Q2 24 | $23.2B | $1.1B | ||
| Q1 24 | $23.4B | $1.2B |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.04× | 644.43× |
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 | $368.6M | $-18.4M |
| Free Cash FlowOCF − Capex | $363.7M | $-58.3M |
| FCF MarginFCF / Revenue | 163.2% | -31.7% |
| Capex IntensityCapex / Revenue | 2.2% | 21.7% |
| Cash ConversionOCF / Net Profit | 4.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $672.7M | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $368.6M | $-18.4M | ||
| Q3 25 | $150.6M | $-37.1M | ||
| Q2 25 | $64.0M | $-62.9M | ||
| Q1 25 | $99.0M | $-47.9M | ||
| Q4 24 | $329.2M | $37.9M | ||
| Q3 24 | $81.2M | $-16.9M | ||
| Q2 24 | $72.9M | $-25.2M | ||
| Q1 24 | $88.2M | $-73.8M |
| Q4 25 | $363.7M | $-58.3M | ||
| Q3 25 | $150.1M | $-60.4M | ||
| Q2 25 | $62.7M | $-78.6M | ||
| Q1 25 | $96.3M | $-62.6M | ||
| Q4 24 | $325.5M | $-70.2M | ||
| Q3 24 | $80.0M | $-21.9M | ||
| Q2 24 | $72.4M | $-30.8M | ||
| Q1 24 | $87.3M | $-77.8M |
| Q4 25 | 163.2% | -31.7% | ||
| Q3 25 | 71.3% | -32.6% | ||
| Q2 25 | 31.9% | -41.5% | ||
| Q1 25 | 51.2% | -35.3% | ||
| Q4 24 | 174.6% | -34.3% | ||
| Q3 24 | 42.2% | -11.3% | ||
| Q2 24 | 40.5% | -15.7% | ||
| Q1 24 | 49.8% | -39.5% |
| Q4 25 | 2.2% | 21.7% | ||
| Q3 25 | 0.2% | 12.5% | ||
| Q2 25 | 0.6% | 8.3% | ||
| Q1 25 | 1.4% | 8.3% | ||
| Q4 24 | 1.9% | 52.8% | ||
| Q3 24 | 0.6% | 2.6% | ||
| Q2 24 | 0.3% | 2.9% | ||
| Q1 24 | 0.5% | 2.0% |
| Q4 25 | 4.07× | — | ||
| Q3 25 | 1.94× | — | ||
| Q2 25 | 0.83× | — | ||
| Q1 25 | 1.42× | — | ||
| Q4 24 | 4.10× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.09× | — | ||
| Q1 24 | 1.23× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
