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Side-by-side financial comparison of CADIZ INC (CDZI) and Fifth District Bancorp, Inc. (FDSB). Click either name above to swap in a different company.

CADIZ INC is the larger business by last-quarter revenue ($5.1M vs $3.6M, roughly 1.4× Fifth District Bancorp, Inc.). On growth, Fifth District Bancorp, Inc. posted the faster year-over-year revenue change (19.9% vs 7.0%). Fifth District Bancorp, Inc. produced more free cash flow last quarter ($942.0K vs $-8.2M).

Cadiz Inc is a U.S.-based natural resources and sustainable development company focused on managing water resources, agricultural land, and renewable energy projects. It operates primarily in California, serving municipal, agricultural, and commercial clients with reliable water supply solutions and land stewardship services.

Fifth Third Bancorp is a bank holding company headquartered in Cincinnati, Ohio. It is the parent company of Fifth Third Bank, which operates 1,087 branches and 2,400 automated teller machines, across 12 states: Ohio, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia. It is on the list of largest banks in the United States and is ranked 321st on the Fortune 500. The name "Fifth Third" is derived from the names of the...

CDZI vs FDSB — Head-to-Head

Bigger by revenue
CDZI
CDZI
1.4× larger
CDZI
$5.1M
$3.6M
FDSB
Growing faster (revenue YoY)
FDSB
FDSB
+12.9% gap
FDSB
19.9%
7.0%
CDZI
More free cash flow
FDSB
FDSB
$9.2M more FCF
FDSB
$942.0K
$-8.2M
CDZI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CDZI
CDZI
FDSB
FDSB
Revenue
$5.1M
$3.6M
Net Profit
$541.0K
Gross Margin
33.0%
Operating Margin
-145.4%
17.0%
Net Margin
14.9%
Revenue YoY
7.0%
19.9%
Net Profit YoY
240.3%
EPS (diluted)
$0.10

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
CDZI
CDZI
FDSB
FDSB
Q4 25
$5.1M
$3.6M
Q3 25
$4.1M
$3.6M
Q2 25
$4.1M
$6.9M
Q1 25
$3.0M
$3.2M
Q4 24
$4.8M
Q3 24
$3.2M
$3.1M
Q2 24
$513.0K
$2.7M
Q1 24
$1.1M
$1.2M
Net Profit
CDZI
CDZI
FDSB
FDSB
Q4 25
$541.0K
Q3 25
$-7.1M
$343.0K
Q2 25
$-7.7M
$3.1M
Q1 25
$-9.6M
$78.0K
Q4 24
Q3 24
$-6.8M
$-788.0K
Q2 24
$-8.9M
$683.0K
Q1 24
$-6.8M
$-1.1M
Gross Margin
CDZI
CDZI
FDSB
FDSB
Q4 25
33.0%
Q3 25
27.3%
Q2 25
35.4%
Q1 25
29.7%
Q4 24
36.1%
Q3 24
25.3%
Q2 24
Q1 24
10.4%
Operating Margin
CDZI
CDZI
FDSB
FDSB
Q4 25
-145.4%
17.0%
Q3 25
-118.0%
12.1%
Q2 25
-140.0%
44.2%
Q1 25
-255.0%
3.1%
Q4 24
-139.5%
Q3 24
-147.9%
-31.8%
Q2 24
-1354.6%
32.3%
Q1 24
-437.8%
-124.5%
Net Margin
CDZI
CDZI
FDSB
FDSB
Q4 25
14.9%
Q3 25
-170.5%
9.6%
Q2 25
-187.3%
45.5%
Q1 25
-324.7%
2.4%
Q4 24
Q3 24
-210.7%
-25.1%
Q2 24
-1729.4%
25.5%
Q1 24
-611.1%
-98.3%
EPS (diluted)
CDZI
CDZI
FDSB
FDSB
Q4 25
$0.10
Q3 25
$0.07
Q2 25
$0.61
Q1 25
$0.02
Q4 24
Q3 24
$-0.15
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
CDZI
CDZI
FDSB
FDSB
Cash + ST InvestmentsLiquidity on hand
$8.6M
$33.9M
Total DebtLower is stronger
$72.7M
Stockholders' EquityBook value
$23.3M
$129.8M
Total Assets
$140.9M
$534.4M
Debt / EquityLower = less leverage
3.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDZI
CDZI
FDSB
FDSB
Q4 25
$8.6M
$33.9M
Q3 25
$4.4M
$34.4M
Q2 25
$13.2M
$27.7M
Q1 25
$21.6M
$30.1M
Q4 24
$17.3M
Q3 24
$3.3M
$34.1M
Q2 24
$10.1M
$46.2M
Q1 24
$19.2M
$36.6M
Total Debt
CDZI
CDZI
FDSB
FDSB
Q4 25
$72.7M
Q3 25
Q2 25
Q1 25
Q4 24
$56.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CDZI
CDZI
FDSB
FDSB
Q4 25
$23.3M
$129.8M
Q3 25
$27.7M
$131.3M
Q2 25
$35.6M
$130.9M
Q1 25
$44.0M
$127.3M
Q4 24
$34.0M
Q3 24
$20.7M
$127.9M
Q2 24
$27.6M
$78.0M
Q1 24
$36.6M
$77.0M
Total Assets
CDZI
CDZI
FDSB
FDSB
Q4 25
$140.9M
$534.4M
Q3 25
$128.0M
$539.5M
Q2 25
$136.4M
$539.8M
Q1 25
$145.6M
$531.1M
Q4 24
$134.5M
Q3 24
$112.6M
$523.8M
Q2 24
$118.1M
$516.0M
Q1 24
$118.1M
$485.7M
Debt / Equity
CDZI
CDZI
FDSB
FDSB
Q4 25
3.13×
Q3 25
Q2 25
Q1 25
Q4 24
1.67×
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
CDZI
CDZI
FDSB
FDSB
Operating Cash FlowLast quarter
$-6.9M
$1.3M
Free Cash FlowOCF − Capex
$-8.2M
$942.0K
FCF MarginFCF / Revenue
-162.2%
25.9%
Capex IntensityCapex / Revenue
26.1%
10.6%
Cash ConversionOCF / Net Profit
2.45×
TTM Free Cash FlowTrailing 4 quarters
$-26.5M
$2.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDZI
CDZI
FDSB
FDSB
Q4 25
$-6.9M
$1.3M
Q3 25
$-7.0M
$117.0K
Q2 25
$-1.4M
$430.0K
Q1 25
$-3.6M
$823.0K
Q4 24
$-6.2M
Q3 24
$-5.4M
$734.0K
Q2 24
$-7.1M
$-385.0K
Q1 24
$-2.9M
$-770.0K
Free Cash Flow
CDZI
CDZI
FDSB
FDSB
Q4 25
$-8.2M
$942.0K
Q3 25
$-7.5M
$54.0K
Q2 25
$-5.9M
$249.0K
Q1 25
$-4.9M
$765.0K
Q4 24
$-6.6M
Q3 24
$-5.4M
$710.0K
Q2 24
$-7.3M
$-501.0K
Q1 24
$-3.1M
$-1.1M
FCF Margin
CDZI
CDZI
FDSB
FDSB
Q4 25
-162.2%
25.9%
Q3 25
-179.8%
1.5%
Q2 25
-142.2%
3.6%
Q1 25
-167.0%
23.9%
Q4 24
-139.4%
Q3 24
-168.8%
22.6%
Q2 24
-1431.6%
-18.7%
Q1 24
-272.9%
-96.8%
Capex Intensity
CDZI
CDZI
FDSB
FDSB
Q4 25
26.1%
10.6%
Q3 25
10.8%
1.8%
Q2 25
109.3%
2.6%
Q1 25
43.6%
1.8%
Q4 24
8.7%
Q3 24
1.7%
0.8%
Q2 24
54.8%
4.3%
Q1 24
16.6%
29.9%
Cash Conversion
CDZI
CDZI
FDSB
FDSB
Q4 25
2.45×
Q3 25
0.34×
Q2 25
0.14×
Q1 25
10.55×
Q4 24
Q3 24
Q2 24
-0.56×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CDZI
CDZI

Water Treatment$4.4M86%
Other$724.0K14%

FDSB
FDSB

Segment breakdown not available.

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