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Side-by-side financial comparison of FutureFuel Corp. (FF) and Net Lease Office Properties (NLOP). Click either name above to swap in a different company.

Net Lease Office Properties is the larger business by last-quarter revenue ($30.7M vs $19.8M, roughly 1.5× FutureFuel Corp.). Net Lease Office Properties runs the higher net margin — -0.2% vs -60.5%, a 60.4% gap on every dollar of revenue. On growth, Net Lease Office Properties posted the faster year-over-year revenue change (10.9% vs -67.7%). Over the past eight quarters, Net Lease Office Properties's revenue compounded faster (-16.4% CAGR vs -41.7%).

FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.

Net Lease Office Properties is a real estate investment entity focused on acquiring, owning, and operating high-quality single-tenant net lease office assets, primarily located across the United States. It delivers stable, long-term income streams to investors through its curated portfolio of commercial real estate holdings.

FF vs NLOP — Head-to-Head

Bigger by revenue
NLOP
NLOP
1.5× larger
NLOP
$30.7M
$19.8M
FF
Growing faster (revenue YoY)
NLOP
NLOP
+78.6% gap
NLOP
10.9%
-67.7%
FF
Higher net margin
NLOP
NLOP
60.4% more per $
NLOP
-0.2%
-60.5%
FF
Faster 2-yr revenue CAGR
NLOP
NLOP
Annualised
NLOP
-16.4%
-41.7%
FF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FF
FF
NLOP
NLOP
Revenue
$19.8M
$30.7M
Net Profit
$-12.0M
$-53.0K
Gross Margin
-46.7%
Operating Margin
-62.9%
-0.2%
Net Margin
-60.5%
-0.2%
Revenue YoY
-67.7%
10.9%
Net Profit YoY
-529.4%
99.9%
EPS (diluted)
$-0.28
$-0.01

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
FF
FF
NLOP
NLOP
Q4 25
$19.8M
$30.7M
Q3 25
$22.7M
$29.8M
Q2 25
$35.7M
$29.2M
Q1 25
$17.5M
$29.2M
Q4 24
$61.5M
$27.7M
Q3 24
$51.1M
$31.5M
Q2 24
$72.4M
$39.0M
Q1 24
$58.3M
$44.0M
Net Profit
FF
FF
NLOP
NLOP
Q4 25
$-12.0M
$-53.0K
Q3 25
$-9.3M
$-64.2M
Q2 25
$-10.4M
$-81.5M
Q1 25
$-17.6M
$492.0K
Q4 24
$2.8M
$-35.8M
Q3 24
$-1.2M
$-40.3M
Q2 24
$9.6M
$12.5M
Q1 24
$4.3M
$-27.8M
Gross Margin
FF
FF
NLOP
NLOP
Q4 25
-46.7%
Q3 25
-30.1%
Q2 25
-24.6%
Q1 25
-83.0%
Q4 24
9.1%
Q3 24
0.7%
Q2 24
12.0%
Q1 24
8.6%
Operating Margin
FF
FF
NLOP
NLOP
Q4 25
-62.9%
-0.2%
Q3 25
-42.9%
-215.2%
Q2 25
-33.4%
-279.1%
Q1 25
-107.4%
2.0%
Q4 24
2.6%
-140.7%
Q3 24
-5.6%
-126.4%
Q2 24
7.5%
32.3%
Q1 24
3.8%
-62.7%
Net Margin
FF
FF
NLOP
NLOP
Q4 25
-60.5%
-0.2%
Q3 25
-41.1%
-215.4%
Q2 25
-29.2%
-279.5%
Q1 25
-100.6%
1.7%
Q4 24
4.5%
-129.0%
Q3 24
-2.3%
-128.0%
Q2 24
13.2%
31.9%
Q1 24
7.4%
-63.3%
EPS (diluted)
FF
FF
NLOP
NLOP
Q4 25
$-0.28
$-0.01
Q3 25
$-0.21
$-4.33
Q2 25
$-0.24
$-5.50
Q1 25
$-0.40
$0.03
Q4 24
$0.06
$-2.41
Q3 24
$-0.03
$-2.73
Q2 24
$0.22
$0.84
Q1 24
$0.10
$-1.88

Balance Sheet & Financial Strength

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

Metric
FF
FF
NLOP
NLOP
Cash + ST InvestmentsLiquidity on hand
$51.3M
$119.6M
Total DebtLower is stronger
$21.9M
Stockholders' EquityBook value
$154.7M
$293.9M
Total Assets
$192.2M
$453.4M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FF
FF
NLOP
NLOP
Q4 25
$51.3M
$119.6M
Q3 25
$85.6M
$38.7M
Q2 25
$95.2M
$54.1M
Q1 25
$97.1M
$28.2M
Q4 24
$109.5M
$25.1M
Q3 24
$133.4M
$36.1M
Q2 24
$115.1M
$36.1M
Q1 24
$201.1M
$39.8M
Total Debt
FF
FF
NLOP
NLOP
Q4 25
$21.9M
Q3 25
$47.1M
Q2 25
$117.2M
Q1 25
$148.5M
Q4 24
$169.2M
Q3 24
$239.4M
Q2 24
$327.4M
Q1 24
$515.2M
Stockholders' Equity
FF
FF
NLOP
NLOP
Q4 25
$154.7M
$293.9M
Q3 25
$169.1M
$430.3M
Q2 25
$178.2M
$500.0M
Q1 25
$188.4M
$582.1M
Q4 24
$205.8M
$581.2M
Q3 24
$213.3M
$621.9M
Q2 24
$214.4M
$660.3M
Q1 24
$204.8M
$647.2M
Total Assets
FF
FF
NLOP
NLOP
Q4 25
$192.2M
$453.4M
Q3 25
$203.5M
$522.6M
Q2 25
$218.2M
$668.7M
Q1 25
$227.7M
$784.1M
Q4 24
$247.7M
$805.1M
Q3 24
$256.5M
$919.9M
Q2 24
$261.2M
$1.0B
Q1 24
$365.4M
$1.2B
Debt / Equity
FF
FF
NLOP
NLOP
Q4 25
0.07×
Q3 25
0.11×
Q2 25
0.23×
Q1 25
0.26×
Q4 24
0.29×
Q3 24
0.38×
Q2 24
0.50×
Q1 24
0.80×

Cash Flow & Capital Efficiency

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

Metric
FF
FF
NLOP
NLOP
Operating Cash FlowLast quarter
$-27.4M
$64.1M
Free Cash FlowOCF − Capex
$-29.9M
FCF MarginFCF / Revenue
-150.5%
Capex IntensityCapex / Revenue
12.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FF
FF
NLOP
NLOP
Q4 25
$-27.4M
$64.1M
Q3 25
$-1.1M
$16.3M
Q2 25
$5.2M
$11.7M
Q1 25
$-5.4M
$14.1M
Q4 24
$-16.6M
$71.9M
Q3 24
$25.8M
$20.3M
Q2 24
$27.8M
$14.7M
Q1 24
$-12.2M
$26.4M
Free Cash Flow
FF
FF
NLOP
NLOP
Q4 25
$-29.9M
Q3 25
$-6.5M
Q2 25
$-263.0K
Q1 25
$-9.4M
Q4 24
$-20.7M
Q3 24
$20.5M
Q2 24
$24.8M
Q1 24
$-14.5M
FCF Margin
FF
FF
NLOP
NLOP
Q4 25
-150.5%
Q3 25
-28.5%
Q2 25
-0.7%
Q1 25
-53.6%
Q4 24
-33.6%
Q3 24
40.1%
Q2 24
34.3%
Q1 24
-24.9%
Capex Intensity
FF
FF
NLOP
NLOP
Q4 25
12.2%
Q3 25
23.5%
Q2 25
15.3%
Q1 25
22.8%
Q4 24
6.6%
Q3 24
10.4%
Q2 24
4.1%
Q1 24
3.9%
Cash Conversion
FF
FF
NLOP
NLOP
Q4 25
Q3 25
Q2 25
Q1 25
28.70×
Q4 24
-5.94×
Q3 24
Q2 24
2.90×
1.18×
Q1 24
-2.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FF
FF

Chemicals$18.0M91%
Biofuels$1.8M9%

NLOP
NLOP

Segment breakdown not available.

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