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Side-by-side financial comparison of FutureFuel Corp. (FF) and TPG RE Finance Trust, Inc. (TRTX). Click either name above to swap in a different company.
TPG RE Finance Trust, Inc. is the larger business by last-quarter revenue ($35.0M vs $19.8M, roughly 1.8× FutureFuel Corp.). TPG RE Finance Trust, Inc. runs the higher net margin — 15.6% vs -60.5%, a 76.2% gap on every dollar of revenue. On growth, TPG RE Finance Trust, Inc. posted the faster year-over-year revenue change (0.9% vs -67.7%). Over the past eight quarters, TPG RE Finance Trust, Inc.'s revenue compounded faster (-5.1% 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.
TPG RE Finance Trust, Inc. is a commercial real estate finance firm primarily operating in the United States. It originates, underwrites and manages a portfolio of senior commercial mortgage loans and other real estate-linked debt instruments, serving commercial property owners and investors across multifamily, industrial, office and retail property segments.
FF vs TRTX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $19.8M | $35.0M |
| Net Profit | $-12.0M | $4.0M |
| Gross Margin | -46.7% | — |
| Operating Margin | -62.9% | 11.6% |
| Net Margin | -60.5% | 15.6% |
| Revenue YoY | -67.7% | 0.9% |
| Net Profit YoY | -529.4% | -62.8% |
| 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.
| Q4 25 | $19.8M | $35.0M | ||
| Q3 25 | $22.7M | $37.8M | ||
| Q2 25 | $35.7M | $36.2M | ||
| Q1 25 | $17.5M | $37.0M | ||
| Q4 24 | $61.5M | $34.7M | ||
| Q3 24 | $51.1M | $40.1M | ||
| Q2 24 | $72.4M | $39.3M | ||
| Q1 24 | $58.3M | $38.9M |
| Q4 25 | $-12.0M | $4.0M | ||
| Q3 25 | $-9.3M | $22.0M | ||
| Q2 25 | $-10.4M | $20.6M | ||
| Q1 25 | $-17.6M | $13.7M | ||
| Q4 24 | $2.8M | $10.7M | ||
| Q3 24 | $-1.2M | $22.2M | ||
| Q2 24 | $9.6M | $24.7M | ||
| Q1 24 | $4.3M | $16.7M |
| 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% | — |
| Q4 25 | -62.9% | 11.6% | ||
| Q3 25 | -42.9% | 58.4% | ||
| Q2 25 | -33.4% | 57.3% | ||
| Q1 25 | -107.4% | 37.2% | ||
| Q4 24 | 2.6% | 30.3% | ||
| Q3 24 | -5.6% | 55.4% | ||
| Q2 24 | 7.5% | 63.1% | ||
| Q1 24 | 3.8% | 44.0% |
| Q4 25 | -60.5% | 15.6% | ||
| Q3 25 | -41.1% | 58.1% | ||
| Q2 25 | -29.2% | 57.0% | ||
| Q1 25 | -100.6% | 37.0% | ||
| Q4 24 | 4.5% | 43.3% | ||
| Q3 24 | -2.3% | 55.3% | ||
| Q2 24 | 13.2% | 62.9% | ||
| Q1 24 | 7.4% | 43.0% |
| Q4 25 | $-0.28 | $0.01 | ||
| Q3 25 | $-0.21 | $0.23 | ||
| Q2 25 | $-0.24 | $0.21 | ||
| Q1 25 | $-0.40 | $0.12 | ||
| Q4 24 | $0.06 | $0.09 | ||
| Q3 24 | $-0.03 | $0.23 | ||
| Q2 24 | $0.22 | $0.26 | ||
| Q1 24 | $0.10 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $51.3M | $87.6M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $154.7M | $1.1B |
| Total Assets | $192.2M | $4.4B |
| Debt / EquityLower = less leverage | — | 3.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $51.3M | $87.6M | ||
| Q3 25 | $85.6M | $93.6M | ||
| Q2 25 | $95.2M | $165.8M | ||
| Q1 25 | $97.1M | $363.0M | ||
| Q4 24 | $109.5M | $190.2M | ||
| Q3 24 | $133.4M | $226.3M | ||
| Q2 24 | $115.1M | $259.2M | ||
| Q1 24 | $201.1M | $203.1M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.7B |
| Q4 25 | $154.7M | $1.1B | ||
| Q3 25 | $169.1M | $1.1B | ||
| Q2 25 | $178.2M | $1.1B | ||
| Q1 25 | $188.4M | $1.1B | ||
| Q4 24 | $205.8M | $1.1B | ||
| Q3 24 | $213.3M | $1.1B | ||
| Q2 24 | $214.4M | $1.1B | ||
| Q1 24 | $204.8M | $1.1B |
| Q4 25 | $192.2M | $4.4B | ||
| Q3 25 | $203.5M | $4.1B | ||
| Q2 25 | $218.2M | $4.2B | ||
| Q1 25 | $227.7M | $4.0B | ||
| Q4 24 | $247.7M | $3.7B | ||
| Q3 24 | $256.5M | $3.7B | ||
| Q2 24 | $261.2M | $3.7B | ||
| Q1 24 | $365.4M | $3.8B |
| Q4 25 | — | 3.10× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 2.78× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 2.22× | ||
| Q2 24 | — | 2.25× | ||
| Q1 24 | — | 2.38× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-27.4M | $90.4M |
| Free Cash FlowOCF − Capex | $-29.9M | — |
| FCF MarginFCF / Revenue | -150.5% | — |
| Capex IntensityCapex / Revenue | 12.2% | — |
| Cash ConversionOCF / Net Profit | — | 22.73× |
| TTM Free Cash FlowTrailing 4 quarters | $-46.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-27.4M | $90.4M | ||
| Q3 25 | $-1.1M | $21.8M | ||
| Q2 25 | $5.2M | $24.7M | ||
| Q1 25 | $-5.4M | $19.1M | ||
| Q4 24 | $-16.6M | $112.1M | ||
| Q3 24 | $25.8M | $23.7M | ||
| Q2 24 | $27.8M | $25.6M | ||
| Q1 24 | $-12.2M | $37.4M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | 22.73× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | -5.94× | 10.50× | ||
| Q3 24 | — | 1.07× | ||
| Q2 24 | 2.90× | 1.03× | ||
| Q1 24 | -2.82× | 2.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FF
| Chemicals | $18.0M | 91% |
| Biofuels | $1.8M | 9% |
TRTX
Segment breakdown not available.
