vs

Side-by-side financial comparison of CBL & ASSOCIATES PROPERTIES INC (CBL) and Ranger Energy Services, Inc. (RNGR). 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 $142.2M, roughly 1.1× Ranger Energy Services, Inc.). CBL & ASSOCIATES PROPERTIES INC runs the higher net margin — 31.3% vs 2.3%, a 29.1% gap on every dollar of revenue. On growth, CBL & ASSOCIATES PROPERTIES INC posted the faster year-over-year revenue change (18.8% vs -0.6%). Over the past eight quarters, CBL & ASSOCIATES PROPERTIES INC's revenue compounded faster (10.1% CAGR vs 1.9%).

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.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

CBL vs RNGR — Head-to-Head

Bigger by revenue
CBL
CBL
1.1× larger
CBL
$156.4M
$142.2M
RNGR
Growing faster (revenue YoY)
CBL
CBL
+19.4% gap
CBL
18.8%
-0.6%
RNGR
Higher net margin
CBL
CBL
29.1% more per $
CBL
31.3%
2.3%
RNGR
Faster 2-yr revenue CAGR
CBL
CBL
Annualised
CBL
10.1%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBL
CBL
RNGR
RNGR
Revenue
$156.4M
$142.2M
Net Profit
$49.0M
$3.2M
Gross Margin
Operating Margin
2.3%
Net Margin
31.3%
2.3%
Revenue YoY
18.8%
-0.6%
Net Profit YoY
29.0%
-44.8%
EPS (diluted)
$1.61
$0.14

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
RNGR
RNGR
Q4 25
$156.4M
$142.2M
Q3 25
$139.3M
$128.9M
Q2 25
$140.9M
$140.6M
Q1 25
$141.8M
$135.2M
Q4 24
$131.7M
$143.1M
Q3 24
$125.1M
$153.0M
Q2 24
$129.7M
$138.1M
Q1 24
$129.1M
$136.9M
Net Profit
CBL
CBL
RNGR
RNGR
Q4 25
$49.0M
$3.2M
Q3 25
$75.4M
$1.2M
Q2 25
$2.8M
$7.3M
Q1 25
$8.8M
$600.0K
Q4 24
$38.0M
$5.8M
Q3 24
$16.2M
$8.7M
Q2 24
$4.7M
$4.7M
Q1 24
$50.0K
$-800.0K
Operating Margin
CBL
CBL
RNGR
RNGR
Q4 25
2.3%
Q3 25
2.0%
Q2 25
6.1%
Q1 25
0.7%
Q4 24
6.2%
Q3 24
8.4%
Q2 24
5.3%
Q1 24
-0.4%
Net Margin
CBL
CBL
RNGR
RNGR
Q4 25
31.3%
2.3%
Q3 25
54.2%
0.9%
Q2 25
2.0%
5.2%
Q1 25
6.2%
0.4%
Q4 24
28.8%
4.1%
Q3 24
12.9%
5.7%
Q2 24
3.7%
3.4%
Q1 24
0.0%
-0.6%
EPS (diluted)
CBL
CBL
RNGR
RNGR
Q4 25
$1.61
$0.14
Q3 25
$2.38
$0.05
Q2 25
$0.08
$0.32
Q1 25
$0.27
$0.03
Q4 24
$1.22
$0.24
Q3 24
$0.52
$0.39
Q2 24
$0.14
$0.21
Q1 24
$-0.01
$-0.03

Balance Sheet & Financial Strength

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

Metric
CBL
CBL
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$42.3M
$10.3M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$374.9M
$300.1M
Total Assets
$2.7B
$419.3M
Debt / EquityLower = less leverage
5.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBL
CBL
RNGR
RNGR
Q4 25
$42.3M
$10.3M
Q3 25
$52.6M
$45.2M
Q2 25
$100.3M
$48.9M
Q1 25
$100.3M
$40.3M
Q4 24
$40.8M
$40.9M
Q3 24
$65.1M
$14.8M
Q2 24
$57.7M
$8.7M
Q1 24
$57.7M
$11.1M
Total Debt
CBL
CBL
RNGR
RNGR
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.2B
$0
Q3 24
$1.8B
$0
Q2 24
$1.9B
$0
Q1 24
$1.9B
$0
Stockholders' Equity
CBL
CBL
RNGR
RNGR
Q4 25
$374.9M
$300.1M
Q3 25
$351.4M
$270.0M
Q2 25
$289.4M
$276.9M
Q1 25
$295.0M
$272.6M
Q4 24
$323.5M
$273.8M
Q3 24
$308.3M
$267.6M
Q2 24
$308.8M
$260.5M
Q1 24
$324.2M
$261.7M
Total Assets
CBL
CBL
RNGR
RNGR
Q4 25
$2.7B
$419.3M
Q3 25
$2.7B
$372.8M
Q2 25
$2.6B
$381.7M
Q1 25
$2.6B
$376.5M
Q4 24
$2.7B
$381.6M
Q3 24
$2.2B
$373.9M
Q2 24
$2.3B
$359.6M
Q1 24
$2.3B
$355.5M
Debt / Equity
CBL
CBL
RNGR
RNGR
Q4 25
5.79×
Q3 25
6.21×
Q2 25
7.39×
Q1 25
7.29×
Q4 24
6.84×
0.00×
Q3 24
5.76×
0.00×
Q2 24
6.00×
0.00×
Q1 24
5.74×
0.00×

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
RNGR
RNGR
Operating Cash FlowLast quarter
$249.7M
$24.1M
Free Cash FlowOCF − Capex
$17.1M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
5.10×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBL
CBL
RNGR
RNGR
Q4 25
$249.7M
$24.1M
Q3 25
$69.6M
$13.6M
Q2 25
$68.3M
$20.7M
Q1 25
$31.7M
$10.6M
Q4 24
$202.2M
$32.7M
Q3 24
$61.1M
$17.7M
Q2 24
$64.2M
$22.1M
Q1 24
$30.7M
$12.0M
Free Cash Flow
CBL
CBL
RNGR
RNGR
Q4 25
$17.1M
Q3 25
$8.0M
Q2 25
$14.4M
Q1 25
$3.4M
Q4 24
$27.3M
Q3 24
$46.0M
$10.8M
Q2 24
$54.8M
$6.8M
Q1 24
$24.7M
$5.5M
FCF Margin
CBL
CBL
RNGR
RNGR
Q4 25
12.0%
Q3 25
6.2%
Q2 25
10.2%
Q1 25
2.5%
Q4 24
19.1%
Q3 24
36.8%
7.1%
Q2 24
42.2%
4.9%
Q1 24
19.1%
4.0%
Capex Intensity
CBL
CBL
RNGR
RNGR
Q4 25
4.9%
Q3 25
4.3%
Q2 25
4.5%
Q1 25
5.3%
Q4 24
3.8%
Q3 24
12.1%
4.5%
Q2 24
7.3%
11.1%
Q1 24
4.7%
4.7%
Cash Conversion
CBL
CBL
RNGR
RNGR
Q4 25
5.10×
7.53×
Q3 25
0.92×
11.33×
Q2 25
24.74×
2.84×
Q1 25
3.60×
17.67×
Q4 24
5.32×
5.64×
Q3 24
3.77×
2.03×
Q2 24
13.54×
4.70×
Q1 24
614.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBL
CBL

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

Related Comparisons