vs

Side-by-side financial comparison of CBL & ASSOCIATES PROPERTIES INC (CBL) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

CBL & ASSOCIATES PROPERTIES INC is the larger business by last-quarter revenue ($156.4M vs $91.5M, roughly 1.7× Proficient Auto Logistics, Inc). CBL & ASSOCIATES PROPERTIES INC runs the higher net margin — 31.3% vs -1.5%, a 32.8% gap on every dollar of revenue.

CBL & Associates Properties, Inc. is an American real estate investment trust that invests in shopping centers and shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. Its largest market is Chattanooga, Tennessee. The company's name is based on the initials of its founder, Charles B. Lebovitz.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

CBL vs PAL — Head-to-Head

Bigger by revenue
CBL
CBL
1.7× larger
CBL
$156.4M
$91.5M
PAL
Higher net margin
CBL
CBL
32.8% more per $
CBL
31.3%
-1.5%
PAL

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
CBL
CBL
PAL
PAL
Revenue
$156.4M
$91.5M
Net Profit
$49.0M
$-1.4M
Gross Margin
Operating Margin
-2.4%
Net Margin
31.3%
-1.5%
Revenue YoY
18.8%
Net Profit YoY
29.0%
EPS (diluted)
$1.61
$-0.05

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
CBL
CBL
PAL
PAL
Q4 25
$156.4M
Q3 25
$139.3M
Q2 25
$140.9M
Q1 25
$141.8M
Q4 24
$131.7M
Q3 24
$125.1M
$91.5M
Q2 24
$129.7M
Q1 24
$129.1M
Net Profit
CBL
CBL
PAL
PAL
Q4 25
$49.0M
Q3 25
$75.4M
Q2 25
$2.8M
Q1 25
$8.8M
Q4 24
$38.0M
Q3 24
$16.2M
$-1.4M
Q2 24
$4.7M
Q1 24
$50.0K
Operating Margin
CBL
CBL
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.4%
Q2 24
Q1 24
Net Margin
CBL
CBL
PAL
PAL
Q4 25
31.3%
Q3 25
54.2%
Q2 25
2.0%
Q1 25
6.2%
Q4 24
28.8%
Q3 24
12.9%
-1.5%
Q2 24
3.7%
Q1 24
0.0%
EPS (diluted)
CBL
CBL
PAL
PAL
Q4 25
$1.61
Q3 25
$2.38
Q2 25
$0.08
Q1 25
$0.27
Q4 24
$1.22
Q3 24
$0.52
$-0.05
Q2 24
$0.14
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
CBL
CBL
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$42.3M
$16.8M
Total DebtLower is stronger
$2.2B
$64.0M
Stockholders' EquityBook value
$374.9M
$338.5M
Total Assets
$2.7B
$498.2M
Debt / EquityLower = less leverage
5.79×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBL
CBL
PAL
PAL
Q4 25
$42.3M
Q3 25
$52.6M
Q2 25
$100.3M
Q1 25
$100.3M
Q4 24
$40.8M
Q3 24
$65.1M
$16.8M
Q2 24
$57.7M
Q1 24
$57.7M
Total Debt
CBL
CBL
PAL
PAL
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$1.8B
$64.0M
Q2 24
$1.9B
Q1 24
$1.9B
Stockholders' Equity
CBL
CBL
PAL
PAL
Q4 25
$374.9M
Q3 25
$351.4M
Q2 25
$289.4M
Q1 25
$295.0M
Q4 24
$323.5M
Q3 24
$308.3M
$338.5M
Q2 24
$308.8M
Q1 24
$324.2M
Total Assets
CBL
CBL
PAL
PAL
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.7B
Q3 24
$2.2B
$498.2M
Q2 24
$2.3B
Q1 24
$2.3B
Debt / Equity
CBL
CBL
PAL
PAL
Q4 25
5.79×
Q3 25
6.21×
Q2 25
7.39×
Q1 25
7.29×
Q4 24
6.84×
Q3 24
5.76×
0.19×
Q2 24
6.00×
Q1 24
5.74×

Cash Flow & Capital Efficiency

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

Metric
CBL
CBL
PAL
PAL
Operating Cash FlowLast quarter
$249.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.10×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBL
CBL
PAL
PAL
Q4 25
$249.7M
Q3 25
$69.6M
Q2 25
$68.3M
Q1 25
$31.7M
Q4 24
$202.2M
Q3 24
$61.1M
Q2 24
$64.2M
Q1 24
$30.7M
Free Cash Flow
CBL
CBL
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$46.0M
Q2 24
$54.8M
Q1 24
$24.7M
FCF Margin
CBL
CBL
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
36.8%
Q2 24
42.2%
Q1 24
19.1%
Capex Intensity
CBL
CBL
PAL
PAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
12.1%
Q2 24
7.3%
Q1 24
4.7%
Cash Conversion
CBL
CBL
PAL
PAL
Q4 25
5.10×
Q3 25
0.92×
Q2 25
24.74×
Q1 25
3.60×
Q4 24
5.32×
Q3 24
3.77×
Q2 24
13.54×
Q1 24
614.76×

Financial Flow Comparison

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

Related Comparisons