vs

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

Prairie Operating Co. is the larger business by last-quarter revenue ($77.7M vs $41.2M, roughly 1.9× CTO Realty Growth, Inc.). CTO Realty Growth, Inc. runs the higher net margin — 15.1% vs 1.7%, a 13.4% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 19.5%).

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.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

CTO vs PROP — Head-to-Head

Bigger by revenue
PROP
PROP
1.9× larger
PROP
$77.7M
$41.2M
CTO
Higher net margin
CTO
CTO
13.4% more per $
CTO
15.1%
1.7%
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
19.5%
CTO

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CTO
CTO
PROP
PROP
Revenue
$41.2M
$77.7M
Net Profit
$6.2M
$1.3M
Gross Margin
Operating Margin
175.0%
34.8%
Net Margin
15.1%
1.7%
Revenue YoY
15.0%
Net Profit YoY
174.4%
111.3%
EPS (diluted)
$0.13
$-0.44

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
PROP
PROP
Q1 26
$41.2M
Q4 25
$38.3M
Q3 25
$37.8M
$77.7M
Q2 25
$37.6M
$68.1M
Q1 25
$35.8M
$13.6M
Q4 24
$35.7M
Q3 24
$31.8M
$0
Q2 24
$28.8M
Net Profit
CTO
CTO
PROP
PROP
Q1 26
$6.2M
Q4 25
$28.3M
Q3 25
$2.9M
$1.3M
Q2 25
$-23.4M
$35.7M
Q1 25
$2.3M
$-2.6M
Q4 24
$-15.2M
Q3 24
$6.2M
$-11.4M
Q2 24
$1.2M
Gross Margin
CTO
CTO
PROP
PROP
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
PROP
PROP
Q1 26
175.0%
Q4 25
75.1%
Q3 25
26.6%
34.8%
Q2 25
-33.7%
27.8%
Q1 25
22.0%
12.9%
Q4 24
-20.4%
Q3 24
15.6%
Q2 24
18.8%
Net Margin
CTO
CTO
PROP
PROP
Q1 26
15.1%
Q4 25
73.9%
Q3 25
7.7%
1.7%
Q2 25
-62.2%
52.4%
Q1 25
6.3%
-19.3%
Q4 24
-42.6%
Q3 24
19.6%
Q2 24
4.1%
EPS (diluted)
CTO
CTO
PROP
PROP
Q1 26
$0.13
Q4 25
$0.81
Q3 25
$0.03
$-0.44
Q2 25
$-0.77
$0.18
Q1 25
$0.01
$-3.49
Q4 24
$-0.69
Q3 24
$0.17
$-0.68
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
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$8.3M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$575.4M
$101.8M
Total Assets
$1.3B
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTO
CTO
PROP
PROP
Q1 26
$8.3M
Q4 25
$6.5M
Q3 25
$9.3M
$10.6M
Q2 25
$8.6M
$10.7M
Q1 25
$8.4M
$15.0M
Q4 24
$9.0M
Q3 24
$8.2M
$40.1M
Q2 24
$4.8M
Total Debt
CTO
CTO
PROP
PROP
Q1 26
Q4 25
$616.3M
Q3 25
$604.2M
Q2 25
$605.4M
$387.0M
Q1 25
$602.2M
$377.0M
Q4 24
$519.0M
Q3 24
$526.8M
Q2 24
$482.7M
Stockholders' Equity
CTO
CTO
PROP
PROP
Q1 26
$575.4M
Q4 25
$567.3M
Q3 25
$557.3M
$101.8M
Q2 25
$574.1M
$94.2M
Q1 25
$593.9M
$34.0M
Q4 24
$612.8M
Q3 24
$595.8M
$61.3M
Q2 24
$491.8M
Total Assets
CTO
CTO
PROP
PROP
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$1.2B
$939.8M
Q2 25
$1.2B
$858.5M
Q1 25
$1.2B
$775.4M
Q4 24
$1.2B
Q3 24
$1.2B
$107.2M
Q2 24
$1.0B
Debt / Equity
CTO
CTO
PROP
PROP
Q1 26
Q4 25
1.09×
Q3 25
1.08×
Q2 25
1.05×
4.11×
Q1 25
1.01×
11.07×
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
PROP
PROP
Operating Cash FlowLast quarter
$57.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTO
CTO
PROP
PROP
Q1 26
Q4 25
$64.6M
Q3 25
$25.5M
$57.7M
Q2 25
$21.9M
$-7.2M
Q1 25
$10.3M
$16.9M
Q4 24
$59.9M
Q3 24
$21.2M
$2.8M
Q2 24
$12.9M
Cash Conversion
CTO
CTO
PROP
PROP
Q1 26
Q4 25
2.28×
Q3 25
8.75×
44.80×
Q2 25
-0.20×
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

CTO
CTO

Segment breakdown not available.

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

Related Comparisons