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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and FOSTER L B CO (FSTR). Click either name above to swap in a different company.

FOSTER L B CO is the larger business by last-quarter revenue ($160.4M vs $143.8M, roughly 1.1× COHEN & STEERS, INC.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs 1.5%, a 22.7% gap on every dollar of revenue. On growth, FOSTER L B CO posted the faster year-over-year revenue change (25.1% vs 2.9%). FOSTER L B CO produced more free cash flow last quarter ($19.8M vs $-126.4M). Over the past eight quarters, FOSTER L B CO's revenue compounded faster (13.6% CAGR vs 8.3%).

Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.

Foster L B Co. is a U.S.-headquartered industrial manufacturing firm that develops, produces and distributes engineered access solutions, construction components, and rail infrastructure products. It serves commercial construction, transportation, and industrial end markets across North America and selected international regions.

CNS vs FSTR — Head-to-Head

Bigger by revenue
FSTR
FSTR
1.1× larger
FSTR
$160.4M
$143.8M
CNS
Growing faster (revenue YoY)
FSTR
FSTR
+22.2% gap
FSTR
25.1%
2.9%
CNS
Higher net margin
CNS
CNS
22.7% more per $
CNS
24.3%
1.5%
FSTR
More free cash flow
FSTR
FSTR
$146.2M more FCF
FSTR
$19.8M
$-126.4M
CNS
Faster 2-yr revenue CAGR
FSTR
FSTR
Annualised
FSTR
13.6%
8.3%
CNS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNS
CNS
FSTR
FSTR
Revenue
$143.8M
$160.4M
Net Profit
$34.9M
$2.4M
Gross Margin
19.7%
Operating Margin
28.0%
4.9%
Net Margin
24.3%
1.5%
Revenue YoY
2.9%
25.1%
Net Profit YoY
-23.9%
1098.3%
EPS (diluted)
$0.67
$0.22

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
CNS
CNS
FSTR
FSTR
Q4 25
$143.8M
$160.4M
Q3 25
$141.7M
$138.3M
Q2 25
$136.1M
$143.6M
Q1 25
$134.5M
$97.8M
Q4 24
$139.8M
$128.2M
Q3 24
$133.2M
$137.5M
Q2 24
$121.7M
$140.8M
Q1 24
$122.7M
$124.3M
Net Profit
CNS
CNS
FSTR
FSTR
Q4 25
$34.9M
$2.4M
Q3 25
$41.7M
$4.4M
Q2 25
$36.8M
$2.9M
Q1 25
$39.8M
$-2.1M
Q4 24
$45.8M
$-242.0K
Q3 24
$39.7M
$35.9M
Q2 24
$31.8M
$2.8M
Q1 24
$34.0M
$4.4M
Gross Margin
CNS
CNS
FSTR
FSTR
Q4 25
19.7%
Q3 25
22.5%
Q2 25
21.5%
Q1 25
20.6%
Q4 24
22.3%
Q3 24
23.8%
Q2 24
21.7%
Q1 24
21.1%
Operating Margin
CNS
CNS
FSTR
FSTR
Q4 25
28.0%
4.9%
Q3 25
34.5%
6.0%
Q2 25
31.8%
5.3%
Q1 25
33.6%
-2.0%
Q4 24
35.3%
2.4%
Q3 24
33.7%
5.3%
Q2 24
31.5%
3.2%
Q1 24
32.8%
4.5%
Net Margin
CNS
CNS
FSTR
FSTR
Q4 25
24.3%
1.5%
Q3 25
29.4%
3.1%
Q2 25
27.1%
2.0%
Q1 25
29.6%
-2.2%
Q4 24
32.8%
-0.2%
Q3 24
29.8%
26.1%
Q2 24
26.1%
2.0%
Q1 24
27.7%
3.6%
EPS (diluted)
CNS
CNS
FSTR
FSTR
Q4 25
$0.67
$0.22
Q3 25
$0.81
$0.40
Q2 25
$0.72
$0.27
Q1 25
$0.77
$-0.20
Q4 24
$0.89
$-0.04
Q3 24
$0.77
$3.27
Q2 24
$0.63
$0.26
Q1 24
$0.68
$0.40

Balance Sheet & Financial Strength

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

Metric
CNS
CNS
FSTR
FSTR
Cash + ST InvestmentsLiquidity on hand
$145.5M
$4.3M
Total DebtLower is stronger
$42.6M
Stockholders' EquityBook value
$562.0M
$175.3M
Total Assets
$876.7M
$330.4M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNS
CNS
FSTR
FSTR
Q4 25
$145.5M
$4.3M
Q3 25
$98.1M
$3.4M
Q2 25
$95.4M
$4.2M
Q1 25
$65.2M
$2.6M
Q4 24
$183.0M
$2.5M
Q3 24
$106.5M
$3.1M
Q2 24
$122.0M
$4.0M
Q1 24
$99.5M
$3.1M
Total Debt
CNS
CNS
FSTR
FSTR
Q4 25
$42.6M
Q3 25
$58.6M
Q2 25
$81.4M
Q1 25
$82.3M
Q4 24
$46.8M
Q3 24
$68.4M
Q2 24
$87.0M
Q1 24
$77.9M
Stockholders' Equity
CNS
CNS
FSTR
FSTR
Q4 25
$562.0M
$175.3M
Q3 25
$550.3M
$174.8M
Q2 25
$528.5M
$174.4M
Q1 25
$507.7M
$170.8M
Q4 24
$511.7M
$178.3M
Q3 24
$491.0M
$181.9M
Q2 24
$463.2M
$147.1M
Q1 24
$378.9M
$144.6M
Total Assets
CNS
CNS
FSTR
FSTR
Q4 25
$876.7M
$330.4M
Q3 25
$801.6M
$333.9M
Q2 25
$751.0M
$349.9M
Q1 25
$834.9M
$342.8M
Q4 24
$812.4M
$334.6M
Q3 24
$727.8M
$344.5M
Q2 24
$784.1M
$333.3M
Q1 24
$680.7M
$326.4M
Debt / Equity
CNS
CNS
FSTR
FSTR
Q4 25
0.24×
Q3 25
0.33×
Q2 25
0.47×
Q1 25
0.48×
Q4 24
0.26×
Q3 24
0.38×
Q2 24
0.59×
Q1 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
CNS
CNS
FSTR
FSTR
Operating Cash FlowLast quarter
$-120.4M
$22.2M
Free Cash FlowOCF − Capex
$-126.4M
$19.8M
FCF MarginFCF / Revenue
-87.9%
12.3%
Capex IntensityCapex / Revenue
4.2%
1.5%
Cash ConversionOCF / Net Profit
-3.45×
9.18×
TTM Free Cash FlowTrailing 4 quarters
$-253.6M
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNS
CNS
FSTR
FSTR
Q4 25
$-120.4M
$22.2M
Q3 25
$55.1M
$29.2M
Q2 25
$-67.6M
$10.4M
Q1 25
$-108.9M
$-26.1M
Q4 24
$96.7M
$24.3M
Q3 24
$25.6M
$24.7M
Q2 24
$31.4M
$-5.0M
Q1 24
$4.9M
$-21.4M
Free Cash Flow
CNS
CNS
FSTR
FSTR
Q4 25
$-126.4M
$19.8M
Q3 25
$52.6M
$26.4M
Q2 25
$-69.8M
$7.7M
Q1 25
$-110.0M
$-28.7M
Q4 24
$85.0M
$22.3M
Q3 24
$24.2M
$21.7M
Q2 24
$27.1M
$-7.0M
Q1 24
$537.0K
$-24.2M
FCF Margin
CNS
CNS
FSTR
FSTR
Q4 25
-87.9%
12.3%
Q3 25
37.1%
19.1%
Q2 25
-51.3%
5.4%
Q1 25
-81.8%
-29.4%
Q4 24
60.8%
17.4%
Q3 24
18.2%
15.8%
Q2 24
22.3%
-5.0%
Q1 24
0.4%
-19.4%
Capex Intensity
CNS
CNS
FSTR
FSTR
Q4 25
4.2%
1.5%
Q3 25
1.8%
2.0%
Q2 25
1.6%
1.9%
Q1 25
0.8%
2.6%
Q4 24
8.3%
1.5%
Q3 24
1.1%
2.2%
Q2 24
3.5%
1.5%
Q1 24
3.5%
2.2%
Cash Conversion
CNS
CNS
FSTR
FSTR
Q4 25
-3.45×
9.18×
Q3 25
1.32×
6.70×
Q2 25
-1.84×
3.61×
Q1 25
-2.74×
Q4 24
2.11×
Q3 24
0.65×
0.69×
Q2 24
0.99×
-1.74×
Q1 24
0.14×
-4.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNS
CNS

Segment breakdown not available.

FSTR
FSTR

Rail Technologies And Services Segment$98.0M61%
Over Time Output Method$26.3M16%
Services$19.4M12%
Rail Technologies Products$10.0M6%
Over Time Input Method$8.3M5%

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