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Side-by-side financial comparison of Franklin BSP Realty Trust, Inc. (FBRT) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $81.1M, roughly 1.9× Franklin BSP Realty Trust, Inc.). On growth, Franklin BSP Realty Trust, Inc. posted the faster year-over-year revenue change (25.8% vs 3.6%). Over the past eight quarters, Franklin BSP Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs 5.1%).

Franklin BSP Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on originating, investing in, and managing a diversified portfolio of commercial real estate debt assets, including first mortgage loans, mezzanine financing and other credit-related real estate products. It operates primarily in the U.S. market, targeting consistent risk-adjusted returns and stable income distributions for investors.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

FBRT vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.9× larger
RGR
$151.1M
$81.1M
FBRT
Growing faster (revenue YoY)
FBRT
FBRT
+22.1% gap
FBRT
25.8%
3.6%
RGR
Faster 2-yr revenue CAGR
FBRT
FBRT
Annualised
FBRT
22.6%
5.1%
RGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBRT
FBRT
RGR
RGR
Revenue
$81.1M
$151.1M
Net Profit
$18.4M
Gross Margin
17.8%
Operating Margin
2.3%
Net Margin
22.7%
Revenue YoY
25.8%
3.6%
Net Profit YoY
-39.1%
EPS (diluted)
$0.13
$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
FBRT
FBRT
RGR
RGR
Q4 25
$81.1M
$151.1M
Q3 25
$89.5M
$126.8M
Q2 25
$49.3M
$132.5M
Q1 25
$50.1M
$135.7M
Q4 24
$64.5M
$145.8M
Q3 24
$54.0M
$122.3M
Q2 24
$50.9M
$130.8M
Q1 24
$54.0M
$136.8M
Net Profit
FBRT
FBRT
RGR
RGR
Q4 25
$18.4M
Q3 25
$17.3M
$1.6M
Q2 25
$23.2M
$-17.2M
Q1 25
$24.1M
$7.8M
Q4 24
$30.2M
Q3 24
$31.6M
$4.7M
Q2 24
$-2.2M
$8.3M
Q1 24
$35.9M
$7.1M
Gross Margin
FBRT
FBRT
RGR
RGR
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Q1 24
21.5%
Operating Margin
FBRT
FBRT
RGR
RGR
Q4 25
2.3%
Q3 25
-2.7%
Q2 25
-15.6%
Q1 25
6.2%
Q4 24
7.8%
Q3 24
3.1%
Q2 24
6.9%
Q1 24
5.5%
Net Margin
FBRT
FBRT
RGR
RGR
Q4 25
22.7%
Q3 25
19.3%
1.2%
Q2 25
47.1%
-13.0%
Q1 25
48.0%
5.7%
Q4 24
46.8%
Q3 24
58.5%
3.9%
Q2 24
-4.3%
6.3%
Q1 24
66.6%
5.2%
EPS (diluted)
FBRT
FBRT
RGR
RGR
Q4 25
$0.13
$0.22
Q3 25
$0.12
$0.10
Q2 25
$0.19
$-1.05
Q1 25
$0.20
$0.46
Q4 24
$0.28
$0.62
Q3 24
$0.30
$0.28
Q2 24
$-0.11
$0.47
Q1 24
$0.35
$0.40

Balance Sheet & Financial Strength

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

Metric
FBRT
FBRT
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$167.3M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$283.8M
Total Assets
$6.1B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBRT
FBRT
RGR
RGR
Q4 25
$167.3M
$92.5M
Q3 25
$116.7M
$80.8M
Q2 25
$414.1M
$101.4M
Q1 25
$215.4M
$108.3M
Q4 24
$184.4M
$105.5M
Q3 24
$346.2M
$96.0M
Q2 24
$94.8M
$105.6M
Q1 24
$240.0M
$115.3M
Stockholders' Equity
FBRT
FBRT
RGR
RGR
Q4 25
$1.4B
$283.8M
Q3 25
$1.5B
$279.6M
Q2 25
$1.5B
$289.3M
Q1 25
$1.5B
$321.5M
Q4 24
$1.5B
$319.6M
Q3 24
$1.5B
$314.9M
Q2 24
$1.5B
$321.5M
Q1 24
$1.6B
$332.0M
Total Assets
FBRT
FBRT
RGR
RGR
Q4 25
$6.1B
$342.0M
Q3 25
$6.2B
$342.3M
Q2 25
$5.6B
$349.5M
Q1 25
$5.7B
$379.0M
Q4 24
$6.0B
$384.0M
Q3 24
$6.3B
$373.5M
Q2 24
$6.3B
$376.7M
Q1 24
$6.0B
$385.0M

Cash Flow & Capital Efficiency

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

Metric
FBRT
FBRT
RGR
RGR
Operating Cash FlowLast quarter
$291.9M
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
15.88×
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBRT
FBRT
RGR
RGR
Q4 25
$291.9M
$15.5M
Q3 25
$-148.1M
$12.9M
Q2 25
$11.8M
$14.7M
Q1 25
$116.2M
$11.1M
Q4 24
$57.2M
$20.0M
Q3 24
$97.4M
$9.4M
Q2 24
$1.9M
$18.7M
Q1 24
$13.0M
$7.3M
Free Cash Flow
FBRT
FBRT
RGR
RGR
Q4 25
$12.3M
Q3 25
$7.0M
Q2 25
$9.1M
Q1 25
$10.0M
Q4 24
$16.4M
Q3 24
$2.6M
Q2 24
$10.1M
Q1 24
$5.6M
FCF Margin
FBRT
FBRT
RGR
RGR
Q4 25
8.2%
Q3 25
5.5%
Q2 25
6.9%
Q1 25
7.4%
Q4 24
11.2%
Q3 24
2.1%
Q2 24
7.7%
Q1 24
4.1%
Capex Intensity
FBRT
FBRT
RGR
RGR
Q4 25
2.1%
Q3 25
4.6%
Q2 25
4.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
5.5%
Q2 24
6.6%
Q1 24
1.3%
Cash Conversion
FBRT
FBRT
RGR
RGR
Q4 25
15.88×
Q3 25
-8.56×
8.15×
Q2 25
0.51×
Q1 25
4.83×
1.43×
Q4 24
1.90×
Q3 24
3.08×
1.98×
Q2 24
2.27×
Q1 24
0.36×
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBRT
FBRT

New Point Holdings JVLLC$77.3M95%
Other$2.1M3%
Office Building$1.7M2%

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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