vs

Side-by-side financial comparison of CTO Realty Growth, Inc. (CTO) and Logistic Properties of the Americas (LPA). Click either name above to swap in a different company.

Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $41.2M, roughly 1.2× CTO Realty Growth, Inc.). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 15.1%, a 17.1% gap on every dollar of revenue.

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.

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

CTO vs LPA — Head-to-Head

Bigger by revenue
LPA
LPA
1.2× larger
LPA
$50.1M
$41.2M
CTO
Higher net margin
LPA
LPA
17.1% more per $
LPA
32.1%
15.1%
CTO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CTO
CTO
LPA
LPA
Revenue
$41.2M
$50.1M
Net Profit
$6.2M
$16.1M
Gross Margin
Operating Margin
175.0%
81.7%
Net Margin
15.1%
32.1%
Revenue YoY
15.0%
Net Profit YoY
174.4%
EPS (diluted)
$0.13
$0.33

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
CTO
CTO
LPA
LPA
Q1 26
$41.2M
Q4 25
$38.3M
$50.1M
Q3 25
$37.8M
$32.7M
Q2 25
$37.6M
$21.5M
Q1 25
$35.8M
$10.5M
Q4 24
$35.7M
Q3 24
$31.8M
$19.2M
Q2 24
$28.8M
Net Profit
CTO
CTO
LPA
LPA
Q1 26
$6.2M
Q4 25
$28.3M
$16.1M
Q3 25
$2.9M
Q2 25
$-23.4M
Q1 25
$2.3M
Q4 24
$-15.2M
Q3 24
$6.2M
Q2 24
$1.2M
Gross Margin
CTO
CTO
LPA
LPA
Q1 26
Q4 25
75.0%
Q3 25
75.4%
Q2 25
73.0%
Q1 25
75.2%
Q4 24
74.4%
Q3 24
74.4%
Q2 24
71.1%
Operating Margin
CTO
CTO
LPA
LPA
Q1 26
175.0%
Q4 25
75.1%
81.7%
Q3 25
26.6%
Q2 25
-33.7%
Q1 25
22.0%
Q4 24
-20.4%
Q3 24
15.6%
Q2 24
18.8%
Net Margin
CTO
CTO
LPA
LPA
Q1 26
15.1%
Q4 25
73.9%
32.1%
Q3 25
7.7%
Q2 25
-62.2%
Q1 25
6.3%
Q4 24
-42.6%
Q3 24
19.6%
Q2 24
4.1%
EPS (diluted)
CTO
CTO
LPA
LPA
Q1 26
$0.13
Q4 25
$0.81
$0.33
Q3 25
$0.03
$0.09
Q2 25
$-0.77
$-0.06
Q1 25
$0.01
Q4 24
$-0.69
Q3 24
$0.17
$-1.26
Q2 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
CTO
CTO
LPA
LPA
Cash + ST InvestmentsLiquidity on hand
$8.3M
$27.3M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$575.4M
$324.6M
Total Assets
$1.3B
$700.8M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTO
CTO
LPA
LPA
Q1 26
$8.3M
Q4 25
$6.5M
$27.3M
Q3 25
$9.3M
Q2 25
$8.6M
Q1 25
$8.4M
Q4 24
$9.0M
Q3 24
$8.2M
Q2 24
$4.8M
Total Debt
CTO
CTO
LPA
LPA
Q1 26
Q4 25
$616.3M
$296.8M
Q3 25
$604.2M
Q2 25
$605.4M
Q1 25
$602.2M
Q4 24
$519.0M
Q3 24
$526.8M
Q2 24
$482.7M
Stockholders' Equity
CTO
CTO
LPA
LPA
Q1 26
$575.4M
Q4 25
$567.3M
$324.6M
Q3 25
$557.3M
Q2 25
$574.1M
Q1 25
$593.9M
Q4 24
$612.8M
Q3 24
$595.8M
Q2 24
$491.8M
Total Assets
CTO
CTO
LPA
LPA
Q1 26
$1.3B
Q4 25
$1.3B
$700.8M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.0B
Debt / Equity
CTO
CTO
LPA
LPA
Q1 26
Q4 25
1.09×
0.91×
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
CTO
CTO
LPA
LPA
Operating Cash FlowLast quarter
$21.6M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
42.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTO
CTO
LPA
LPA
Q1 26
Q4 25
$64.6M
$21.6M
Q3 25
$25.5M
$14.4M
Q2 25
$21.9M
$7.2M
Q1 25
$10.3M
$4.4M
Q4 24
$59.9M
Q3 24
$21.2M
$8.3M
Q2 24
$12.9M
Free Cash Flow
CTO
CTO
LPA
LPA
Q1 26
Q4 25
$21.4M
Q3 25
$-7.3M
Q2 25
$-3.1M
Q1 25
$966.4K
Q4 24
Q3 24
$-2.4M
Q2 24
FCF Margin
CTO
CTO
LPA
LPA
Q1 26
Q4 25
42.7%
Q3 25
-22.2%
Q2 25
-14.4%
Q1 25
9.2%
Q4 24
Q3 24
-12.3%
Q2 24
Capex Intensity
CTO
CTO
LPA
LPA
Q1 26
Q4 25
0.3%
Q3 25
66.1%
Q2 25
47.9%
Q1 25
32.5%
Q4 24
Q3 24
55.5%
Q2 24
Cash Conversion
CTO
CTO
LPA
LPA
Q1 26
Q4 25
2.28×
1.34×
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.

Related Comparisons