vs

Side-by-side financial comparison of Clipper Realty Inc. (CLPR) and CTO Realty Growth, Inc. (CTO). Click either name above to swap in a different company.

CTO Realty Growth, Inc. is the larger business by last-quarter revenue ($41.2M vs $37.1M, roughly 1.1× Clipper Realty Inc.). CTO Realty Growth, Inc. runs the higher net margin — 15.1% vs -30.4%, a 45.5% gap on every dollar of revenue. On growth, CTO Realty Growth, Inc. posted the faster year-over-year revenue change (15.0% vs -2.6%). Over the past eight quarters, CTO Realty Growth, Inc.'s revenue compounded faster (19.5% CAGR vs 1.8%).

Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007, in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violati...

Keller Williams Realty is an American technology and international real estate franchise with headquarters in Austin, Texas. It is the largest real estate franchise in the United States by sales volume as of 2022.

CLPR vs CTO — Head-to-Head

Bigger by revenue
CTO
CTO
1.1× larger
CTO
$41.2M
$37.1M
CLPR
Growing faster (revenue YoY)
CTO
CTO
+17.5% gap
CTO
15.0%
-2.6%
CLPR
Higher net margin
CTO
CTO
45.5% more per $
CTO
15.1%
-30.4%
CLPR
Faster 2-yr revenue CAGR
CTO
CTO
Annualised
CTO
19.5%
1.8%
CLPR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CLPR
CLPR
CTO
CTO
Revenue
$37.1M
$41.2M
Net Profit
$-11.3M
$6.2M
Gross Margin
-5.2%
Operating Margin
21.8%
Net Margin
-30.4%
15.1%
Revenue YoY
-2.6%
15.0%
Net Profit YoY
-938.6%
174.4%
EPS (diluted)
$0.13

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
CLPR
CLPR
CTO
CTO
Q1 26
$41.2M
Q4 25
$37.1M
$38.3M
Q3 25
$37.7M
$37.8M
Q2 25
$39.0M
$37.6M
Q1 25
$39.4M
$35.8M
Q4 24
$38.0M
$35.7M
Q3 24
$37.6M
$31.8M
Q2 24
$37.3M
$28.8M
Net Profit
CLPR
CLPR
CTO
CTO
Q1 26
$6.2M
Q4 25
$-11.3M
$28.3M
Q3 25
$-4.6M
$2.9M
Q2 25
$-1.4M
$-23.4M
Q1 25
$-35.1M
$2.3M
Q4 24
$-1.1M
$-15.2M
Q3 24
$-1.1M
$6.2M
Q2 24
$-1.7M
$1.2M
Gross Margin
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
-5.2%
75.0%
Q3 25
23.6%
75.4%
Q2 25
27.8%
73.0%
Q1 25
-34.5%
75.2%
Q4 24
28.8%
74.4%
Q3 24
28.6%
74.4%
Q2 24
26.8%
71.1%
Operating Margin
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
21.8%
75.1%
Q3 25
23.6%
26.6%
Q2 25
27.7%
-33.7%
Q1 25
-59.9%
22.0%
Q4 24
28.1%
-20.4%
Q3 24
28.6%
15.6%
Q2 24
26.8%
18.8%
Net Margin
CLPR
CLPR
CTO
CTO
Q1 26
15.1%
Q4 25
-30.4%
73.9%
Q3 25
-12.2%
7.7%
Q2 25
-3.5%
-62.2%
Q1 25
-89.1%
6.3%
Q4 24
-2.9%
-42.6%
Q3 24
-2.9%
19.6%
Q2 24
-4.7%
4.1%
EPS (diluted)
CLPR
CLPR
CTO
CTO
Q1 26
$0.13
Q4 25
$0.81
Q3 25
$0.03
Q2 25
$-0.77
Q1 25
$0.01
Q4 24
$-0.69
Q3 24
$0.17
Q2 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
CLPR
CLPR
CTO
CTO
Cash + ST InvestmentsLiquidity on hand
$30.8M
$8.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-30.7M
$575.4M
Total Assets
$1.2B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLPR
CLPR
CTO
CTO
Q1 26
$8.3M
Q4 25
$30.8M
$6.5M
Q3 25
$26.1M
$9.3M
Q2 25
$32.0M
$8.6M
Q1 25
$21.3M
$8.4M
Q4 24
$19.9M
$9.0M
Q3 24
$18.6M
$8.2M
Q2 24
$20.3M
$4.8M
Total Debt
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
$616.3M
Q3 25
$604.2M
Q2 25
$605.4M
Q1 25
$1.3B
$602.2M
Q4 24
$1.3B
$519.0M
Q3 24
$1.3B
$526.8M
Q2 24
$1.2B
$482.7M
Stockholders' Equity
CLPR
CLPR
CTO
CTO
Q1 26
$575.4M
Q4 25
$-30.7M
$567.3M
Q3 25
$-25.0M
$557.3M
Q2 25
$-21.9M
$574.1M
Q1 25
$-20.1M
$593.9M
Q4 24
$-5.4M
$612.8M
Q3 24
$-3.6M
$595.8M
Q2 24
$-1.8M
$491.8M
Total Assets
CLPR
CLPR
CTO
CTO
Q1 26
$1.3B
Q4 25
$1.2B
$1.3B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.3B
$1.2B
Q3 24
$1.3B
$1.2B
Q2 24
$1.3B
$1.0B
Debt / Equity
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
1.09×
Q3 25
1.08×
Q2 25
1.05×
Q1 25
1.01×
Q4 24
0.85×
Q3 24
0.88×
Q2 24
0.98×

Cash Flow & Capital Efficiency

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

Metric
CLPR
CLPR
CTO
CTO
Operating Cash FlowLast quarter
$22.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
$22.6M
$64.6M
Q3 25
$1.4M
$25.5M
Q2 25
$8.4M
$21.9M
Q1 25
$6.7M
$10.3M
Q4 24
$31.9M
$59.9M
Q3 24
$6.3M
$21.2M
Q2 24
$8.8M
$12.9M
Free Cash Flow
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$-4.6M
Q4 24
$-37.9M
Q3 24
Q2 24
FCF Margin
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-11.7%
Q4 24
-99.5%
Q3 24
Q2 24
Capex Intensity
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
28.6%
Q4 24
183.3%
Q3 24
Q2 24
Cash Conversion
CLPR
CLPR
CTO
CTO
Q1 26
Q4 25
2.28×
Q3 25
8.75×
Q2 25
Q1 25
4.56×
Q4 24
Q3 24
3.40×
Q2 24
10.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLPR
CLPR

Residential Segment$30.8M83%
Commercial Real Estate$6.2M17%

CTO
CTO

Segment breakdown not available.

Related Comparisons