vs

Side-by-side financial comparison of CHOICEONE FINANCIAL SERVICES INC (COFS) and DORCHESTER MINERALS, L.P. (DMLP). Click either name above to swap in a different company.

CHOICEONE FINANCIAL SERVICES INC is the larger business by last-quarter revenue ($42.9M vs $41.9M, roughly 1.0× DORCHESTER MINERALS, L.P.). On growth, CHOICEONE FINANCIAL SERVICES INC posted the faster year-over-year revenue change (76.4% vs 5.4%). Over the past eight quarters, DORCHESTER MINERALS, L.P.'s revenue compounded faster (16.2% CAGR vs 15.0%).

ChoiceOne Financial Services Inc is a US regional financial holding company that operates through its banking subsidiary, offering personal and commercial banking products including savings accounts, loans, wealth management, and insurance services primarily to consumers, small businesses, and corporate clients across Michigan.

Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.

COFS vs DMLP — Head-to-Head

Bigger by revenue
COFS
COFS
1.0× larger
COFS
$42.9M
$41.9M
DMLP
Growing faster (revenue YoY)
COFS
COFS
+71.0% gap
COFS
76.4%
5.4%
DMLP
Faster 2-yr revenue CAGR
DMLP
DMLP
Annualised
DMLP
16.2%
15.0%
COFS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COFS
COFS
DMLP
DMLP
Revenue
$42.9M
$41.9M
Net Profit
$16.2M
Gross Margin
Operating Margin
39.1%
Net Margin
38.7%
Revenue YoY
76.4%
5.4%
Net Profit YoY
13.7%
EPS (diluted)
$1.43

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
COFS
COFS
DMLP
DMLP
Q4 25
$42.9M
$41.9M
Q3 25
$61.8M
$35.4M
Q2 25
$60.4M
$32.4M
Q1 25
$44.9M
$43.2M
Q4 24
$24.3M
$39.7M
Q3 24
$36.6M
$53.5M
Q2 24
$34.0M
$37.4M
Q1 24
$32.5M
$31.0M
Net Profit
COFS
COFS
DMLP
DMLP
Q4 25
$16.2M
Q3 25
$14.7M
$11.2M
Q2 25
$13.5M
$12.3M
Q1 25
$-13.9M
$17.6M
Q4 24
$14.2M
Q3 24
$7.3M
$36.4M
Q2 24
$6.6M
$23.6M
Q1 24
$5.6M
$18.2M
Operating Margin
COFS
COFS
DMLP
DMLP
Q4 25
39.1%
Q3 25
29.6%
Q2 25
27.6%
Q1 25
-39.2%
Q4 24
36.1%
Q3 24
25.4%
Q2 24
24.0%
Q1 24
21.1%
Net Margin
COFS
COFS
DMLP
DMLP
Q4 25
38.7%
Q3 25
23.7%
31.5%
Q2 25
22.4%
38.1%
Q1 25
-31.0%
40.9%
Q4 24
35.9%
Q3 24
20.1%
68.1%
Q2 24
19.4%
63.2%
Q1 24
17.3%
58.6%
EPS (diluted)
COFS
COFS
DMLP
DMLP
Q4 25
$1.43
Q3 25
$0.97
Q2 25
$0.90
Q1 25
$-1.29
Q4 24
$0.79
Q3 24
$0.85
Q2 24
$0.87
Q1 24
$0.74

Balance Sheet & Financial Strength

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

Metric
COFS
COFS
DMLP
DMLP
Cash + ST InvestmentsLiquidity on hand
$88.0M
$41.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$465.4M
Total Assets
$4.4B
$309.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COFS
COFS
DMLP
DMLP
Q4 25
$88.0M
$41.9M
Q3 25
$99.0M
$41.6M
Q2 25
$156.3M
$36.5M
Q1 25
$139.4M
$41.5M
Q4 24
$96.8M
$42.5M
Q3 24
$145.9M
$56.5M
Q2 24
$101.0M
$35.2M
Q1 24
$150.1M
$37.7M
Stockholders' Equity
COFS
COFS
DMLP
DMLP
Q4 25
$465.4M
Q3 25
$449.6M
Q2 25
$431.8M
Q1 25
$427.1M
Q4 24
$260.4M
Q3 24
$247.7M
Q2 24
$214.5M
Q1 24
$206.8M
Total Assets
COFS
COFS
DMLP
DMLP
Q4 25
$4.4B
$309.6M
Q3 25
$4.3B
$330.4M
Q2 25
$4.3B
$325.6M
Q1 25
$4.3B
$349.0M
Q4 24
$2.7B
$366.8M
Q3 24
$2.7B
$403.4M
Q2 24
$2.7B
$176.0M
Q1 24
$2.7B
$184.8M

Cash Flow & Capital Efficiency

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

Metric
COFS
COFS
DMLP
DMLP
Operating Cash FlowLast quarter
$31.8M
$34.3M
Free Cash FlowOCF − Capex
$25.2M
FCF MarginFCF / Revenue
58.7%
Capex IntensityCapex / Revenue
15.4%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COFS
COFS
DMLP
DMLP
Q4 25
$31.8M
$34.3M
Q3 25
$15.3M
$34.3M
Q2 25
$9.0M
$30.5M
Q1 25
$-6.5M
$33.4M
Q4 24
$47.1M
$31.5M
Q3 24
$-7.4M
$43.7M
Q2 24
$15.7M
$29.4M
Q1 24
$15.3M
$28.0M
Free Cash Flow
COFS
COFS
DMLP
DMLP
Q4 25
$25.2M
Q3 25
$13.7M
Q2 25
$6.9M
Q1 25
$-7.3M
Q4 24
$45.4M
Q3 24
$-7.6M
Q2 24
$15.3M
Q1 24
$15.0M
FCF Margin
COFS
COFS
DMLP
DMLP
Q4 25
58.7%
Q3 25
22.1%
Q2 25
11.4%
Q1 25
-16.3%
Q4 24
186.4%
Q3 24
-20.8%
Q2 24
44.8%
Q1 24
46.2%
Capex Intensity
COFS
COFS
DMLP
DMLP
Q4 25
15.4%
Q3 25
2.6%
Q2 25
3.4%
Q1 25
1.9%
Q4 24
7.0%
Q3 24
0.7%
Q2 24
1.4%
Q1 24
1.0%
Cash Conversion
COFS
COFS
DMLP
DMLP
Q4 25
2.12×
Q3 25
1.04×
3.07×
Q2 25
0.66×
2.47×
Q1 25
1.89×
Q4 24
2.21×
Q3 24
-1.00×
1.20×
Q2 24
2.39×
1.25×
Q1 24
2.72×
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

COFS
COFS

Segment breakdown not available.

DMLP
DMLP

Royalties$34.0M81%
Other$7.8M19%

Related Comparisons