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Side-by-side financial comparison of Clarus Corp (CLAR) and Industrial Logistics Properties Trust (ILPT). Click either name above to swap in a different company.
Industrial Logistics Properties Trust is the larger business by last-quarter revenue ($113.9M vs $65.4M, roughly 1.7× Clarus Corp). Industrial Logistics Properties Trust runs the higher net margin — -1.6% vs -47.8%, a 46.2% gap on every dollar of revenue. On growth, Industrial Logistics Properties Trust posted the faster year-over-year revenue change (3.1% vs -8.4%). Industrial Logistics Properties Trust produced more free cash flow last quarter ($42.0M vs $11.6M). Over the past eight quarters, Industrial Logistics Properties Trust's revenue compounded faster (0.7% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
Industrial Logistics Properties Trust is a real estate investment trust that owns and operates a portfolio of industrial and logistics real estate assets primarily across the United States. Its holdings include distribution centers, warehouses, and last-mile delivery properties, serving e-commerce, retail, manufacturing and supply chain operators to meet their storage and logistics operation needs.
CLAR vs ILPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $113.9M |
| Net Profit | $-31.3M | $-1.8M |
| Gross Margin | 27.7% | — |
| Operating Margin | -59.6% | -22.1% |
| Net Margin | -47.8% | -1.6% |
| Revenue YoY | -8.4% | 3.1% |
| Net Profit YoY | 52.3% | 92.6% |
| EPS (diluted) | $-0.81 | $-0.02 |
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 | $65.4M | $113.9M | ||
| Q3 25 | $69.3M | $110.9M | ||
| Q2 25 | $55.2M | $112.1M | ||
| Q1 25 | $60.4M | $111.9M | ||
| Q4 24 | $71.4M | $110.5M | ||
| Q3 24 | $67.1M | $108.9M | ||
| Q2 24 | $56.5M | $110.6M | ||
| Q1 24 | $69.3M | $112.2M |
| Q4 25 | $-31.3M | $-1.8M | ||
| Q3 25 | $-1.6M | $-21.6M | ||
| Q2 25 | $-8.4M | $-21.3M | ||
| Q1 25 | $-5.2M | $-21.5M | ||
| Q4 24 | $-65.5M | $-24.1M | ||
| Q3 24 | $-3.2M | $-25.0M | ||
| Q2 24 | $-5.5M | $-23.2M | ||
| Q1 24 | $21.9M | $-23.4M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 36.1% | — | ||
| Q1 24 | 35.9% | — |
| Q4 25 | -59.6% | -22.1% | ||
| Q3 25 | -4.4% | -29.4% | ||
| Q2 25 | -19.7% | -30.8% | ||
| Q1 25 | -11.2% | -26.9% | ||
| Q4 24 | -70.2% | -31.1% | ||
| Q3 24 | -8.0% | -33.5% | ||
| Q2 24 | -14.4% | -32.4% | ||
| Q1 24 | -9.8% | -31.7% |
| Q4 25 | -47.8% | -1.6% | ||
| Q3 25 | -2.3% | -19.4% | ||
| Q2 25 | -15.3% | -19.0% | ||
| Q1 25 | -8.7% | -19.2% | ||
| Q4 24 | -91.8% | -21.8% | ||
| Q3 24 | -4.7% | -22.9% | ||
| Q2 24 | -9.7% | -20.9% | ||
| Q1 24 | 31.6% | -20.9% |
| Q4 25 | $-0.81 | $-0.02 | ||
| Q3 25 | $-0.04 | $-0.33 | ||
| Q2 25 | $-0.22 | $-0.32 | ||
| Q1 25 | $-0.14 | $-0.33 | ||
| Q4 24 | $-1.72 | $-0.37 | ||
| Q3 24 | $-0.08 | $-0.38 | ||
| Q2 24 | $-0.14 | $-0.35 | ||
| Q1 24 | $0.57 | $-0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $94.8M |
| Total DebtLower is stronger | $0 | $4.2B |
| Stockholders' EquityBook value | $196.4M | $489.7M |
| Total Assets | $249.0M | $5.2B |
| Debt / EquityLower = less leverage | 0.00× | 8.56× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $94.8M | ||
| Q3 25 | $29.5M | $83.2M | ||
| Q2 25 | $28.5M | $58.6M | ||
| Q1 25 | $41.3M | $108.0M | ||
| Q4 24 | $45.4M | $131.7M | ||
| Q3 24 | $36.4M | $153.9M | ||
| Q2 24 | $46.2M | $146.2M | ||
| Q1 24 | $47.5M | $128.4M |
| Q4 25 | $0 | $4.2B | ||
| Q3 25 | $2.0M | $4.2B | ||
| Q2 25 | $1.9M | $4.2B | ||
| Q1 25 | $1.9M | $4.3B | ||
| Q4 24 | $1.9M | $4.3B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | $37.0K | $4.3B |
| Q4 25 | $196.4M | $489.7M | ||
| Q3 25 | $225.8M | $494.1M | ||
| Q2 25 | $225.1M | $519.1M | ||
| Q1 25 | $229.3M | $539.5M | ||
| Q4 24 | $233.1M | $562.0M | ||
| Q3 24 | $308.5M | $585.9M | ||
| Q2 24 | $307.3M | $618.3M | ||
| Q1 24 | $310.4M | $643.2M |
| Q4 25 | $249.0M | $5.2B | ||
| Q3 25 | $283.1M | $5.2B | ||
| Q2 25 | $286.5M | $5.2B | ||
| Q1 25 | $292.8M | $5.4B | ||
| Q4 24 | $294.1M | $5.4B | ||
| Q3 24 | $375.3M | $5.5B | ||
| Q2 24 | $369.4M | $5.5B | ||
| Q1 24 | $377.0M | $5.5B |
| Q4 25 | 0.00× | 8.56× | ||
| Q3 25 | 0.01× | 8.49× | ||
| Q2 25 | 0.01× | 8.09× | ||
| Q1 25 | 0.01× | 7.96× | ||
| Q4 24 | 0.01× | 7.65× | ||
| Q3 24 | — | 7.35× | ||
| Q2 24 | — | 6.96× | ||
| Q1 24 | 0.00× | 6.70× |
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 | $12.5M | $60.7M |
| Free Cash FlowOCF − Capex | $11.6M | $42.0M |
| FCF MarginFCF / Revenue | 17.7% | 36.9% |
| Capex IntensityCapex / Revenue | 1.4% | 16.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $79.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $60.7M | ||
| Q3 25 | $-5.7M | $22.7M | ||
| Q2 25 | $-9.4M | $18.4M | ||
| Q1 25 | $-2.1M | $11.4M | ||
| Q4 24 | $16.6M | $2.0M | ||
| Q3 24 | $-8.3M | $-3.4M | ||
| Q2 24 | $834.0K | $10.8M | ||
| Q1 24 | $-16.4M | $8.0M |
| Q4 25 | $11.6M | $42.0M | ||
| Q3 25 | $-7.0M | $17.6M | ||
| Q2 25 | $-11.3M | $15.2M | ||
| Q1 25 | $-3.3M | $5.0M | ||
| Q4 24 | $14.4M | $-3.7M | ||
| Q3 24 | $-9.4M | $-5.9M | ||
| Q2 24 | $-744.0K | $9.4M | ||
| Q1 24 | $-18.3M | $5.9M |
| Q4 25 | 17.7% | 36.9% | ||
| Q3 25 | -10.0% | 15.9% | ||
| Q2 25 | -20.4% | 13.5% | ||
| Q1 25 | -5.4% | 4.5% | ||
| Q4 24 | 20.1% | -3.4% | ||
| Q3 24 | -14.0% | -5.5% | ||
| Q2 24 | -1.3% | 8.5% | ||
| Q1 24 | -26.3% | 5.2% |
| Q4 25 | 1.4% | 16.4% | ||
| Q3 25 | 1.8% | 4.6% | ||
| Q2 25 | 3.4% | 2.9% | ||
| Q1 25 | 2.0% | 5.7% | ||
| Q4 24 | 3.1% | 5.2% | ||
| Q3 24 | 1.6% | 2.3% | ||
| Q2 24 | 2.8% | 1.3% | ||
| Q1 24 | 2.7% | 1.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
ILPT
Segment breakdown not available.
