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Side-by-side financial comparison of FIRST CAPITAL INC (FCAP) and NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN). Click either name above to swap in a different company.

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP is the larger business by last-quarter revenue ($23.6M vs $13.5M, roughly 1.7× FIRST CAPITAL INC). FIRST CAPITAL INC runs the higher net margin — 36.2% vs -677.3%, a 713.5% gap on every dollar of revenue. On growth, FIRST CAPITAL INC posted the faster year-over-year revenue change (19.0% vs 15.7%). Over the past eight quarters, FIRST CAPITAL INC's revenue compounded faster (13.4% CAGR vs 8.9%).

Capital First Ltd, formerly known as Future Capital Holdings, was an Indian non-bank financial institution which provided debt financing. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

FCAP vs NEN — Head-to-Head

Bigger by revenue
NEN
NEN
1.7× larger
NEN
$23.6M
$13.5M
FCAP
Growing faster (revenue YoY)
FCAP
FCAP
+3.3% gap
FCAP
19.0%
15.7%
NEN
Higher net margin
FCAP
FCAP
713.5% more per $
FCAP
36.2%
-677.3%
NEN
Faster 2-yr revenue CAGR
FCAP
FCAP
Annualised
FCAP
13.4%
8.9%
NEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FCAP
FCAP
NEN
NEN
Revenue
$13.5M
$23.6M
Net Profit
$4.9M
$-1.4M
Gross Margin
Operating Margin
14.0%
Net Margin
36.2%
-677.3%
Revenue YoY
19.0%
15.7%
Net Profit YoY
49.6%
-133.0%
EPS (diluted)
$1.45

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
FCAP
FCAP
NEN
NEN
Q4 25
$13.5M
$23.6M
Q3 25
$13.3M
$23.7M
Q2 25
$12.4M
$21.2M
Q1 25
$11.4M
$20.7M
Q4 24
$11.3M
$20.4M
Q3 24
$10.9M
$20.2M
Q2 24
$10.7M
$20.1M
Q1 24
$10.5M
$19.9M
Net Profit
FCAP
FCAP
NEN
NEN
Q4 25
$4.9M
$-1.4M
Q3 25
$4.5M
$-521.8K
Q2 25
$3.8M
$4.1M
Q1 25
$3.2M
$3.8M
Q4 24
$3.3M
$4.2M
Q3 24
$2.9M
$3.9M
Q2 24
$2.8M
$4.1M
Q1 24
$3.0M
$3.5M
Operating Margin
FCAP
FCAP
NEN
NEN
Q4 25
14.0%
Q3 25
41.8%
20.0%
Q2 25
37.2%
33.3%
Q1 25
34.2%
30.1%
Q4 24
34.8%
32.4%
Q3 24
31.5%
32.0%
Q2 24
31.1%
32.6%
Q1 24
33.0%
28.9%
Net Margin
FCAP
FCAP
NEN
NEN
Q4 25
36.2%
-677.3%
Q3 25
33.8%
-2.2%
Q2 25
30.4%
19.5%
Q1 25
28.3%
18.3%
Q4 24
28.8%
20.7%
Q3 24
26.5%
19.3%
Q2 24
26.5%
20.3%
Q1 24
28.1%
17.4%
EPS (diluted)
FCAP
FCAP
NEN
NEN
Q4 25
$1.45
Q3 25
$1.34
Q2 25
$1.13
Q1 25
$0.97
Q4 24
$0.97
Q3 24
$0.87
Q2 24
$0.85
Q1 24
$0.88

Balance Sheet & Financial Strength

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

Metric
FCAP
FCAP
NEN
NEN
Cash + ST InvestmentsLiquidity on hand
$26.7M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$137.8M
Total Assets
$1.3B
$505.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCAP
FCAP
NEN
NEN
Q4 25
$26.7M
Q3 25
$13.4M
Q2 25
$16.7M
Q1 25
$30.9M
Q4 24
$17.6M
Q3 24
$15.1M
Q2 24
$13.5M
Q1 24
$28.8M
Total Debt
FCAP
FCAP
NEN
NEN
Q4 25
$531.0M
Q3 25
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Stockholders' Equity
FCAP
FCAP
NEN
NEN
Q4 25
$137.8M
Q3 25
$132.4M
Q2 25
$123.2M
Q1 25
$120.1M
Q4 24
$114.6M
Q3 24
$116.8M
Q2 24
$107.8M
Q1 24
$105.7M
Total Assets
FCAP
FCAP
NEN
NEN
Q4 25
$1.3B
$505.3M
Q3 25
$1.2B
$492.9M
Q2 25
$1.2B
$494.8M
Q1 25
$1.2B
$385.2M
Q4 24
$1.2B
$393.5M
Q3 24
$1.2B
$387.4M
Q2 24
$1.2B
$383.7M
Q1 24
$1.2B
$381.2M

Cash Flow & Capital Efficiency

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

Metric
FCAP
FCAP
NEN
NEN
Operating Cash FlowLast quarter
$21.3M
$27.7M
Free Cash FlowOCF − Capex
$19.9M
FCF MarginFCF / Revenue
147.7%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
4.36×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCAP
FCAP
NEN
NEN
Q4 25
$21.3M
$27.7M
Q3 25
$7.9M
$2.3M
Q2 25
$3.7M
$12.5M
Q1 25
$4.4M
$5.5M
Q4 24
$22.3M
$31.9M
Q3 24
$7.6M
$8.5M
Q2 24
$3.5M
$5.4M
Q1 24
$7.2M
$6.1M
Free Cash Flow
FCAP
FCAP
NEN
NEN
Q4 25
$19.9M
Q3 25
$7.8M
Q2 25
$3.5M
Q1 25
$4.2M
Q4 24
$21.6M
Q3 24
$7.5M
Q2 24
$3.3M
Q1 24
$7.1M
FCF Margin
FCAP
FCAP
NEN
NEN
Q4 25
147.7%
Q3 25
58.6%
Q2 25
27.8%
Q1 25
36.5%
Q4 24
190.7%
Q3 24
68.6%
Q2 24
31.2%
Q1 24
67.2%
Capex Intensity
FCAP
FCAP
NEN
NEN
Q4 25
10.0%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
6.3%
Q3 24
0.8%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
FCAP
FCAP
NEN
NEN
Q4 25
4.36×
Q3 25
1.77×
Q2 25
0.99×
3.02×
Q1 25
1.36×
1.44×
Q4 24
6.84×
7.57×
Q3 24
2.62×
2.17×
Q2 24
1.23×
1.32×
Q1 24
2.45×
1.77×

Financial Flow Comparison

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

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