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Side-by-side financial comparison of Farmland Partners Inc. (FPI) and Outdoor Holding Co (POWW). Click either name above to swap in a different company.
Farmland Partners Inc. is the larger business by last-quarter revenue ($20.7M vs $13.4M, roughly 1.5× Outdoor Holding Co). Farmland Partners Inc. runs the higher net margin — 103.4% vs 16.7%, a 86.8% gap on every dollar of revenue. On growth, Farmland Partners Inc. posted the faster year-over-year revenue change (-3.5% vs -54.1%).
Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.
Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.
FPI vs POWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.7M | $13.4M |
| Net Profit | $21.4M | $2.2M |
| Gross Margin | — | 87.1% |
| Operating Margin | — | 14.7% |
| Net Margin | 103.4% | 16.7% |
| Revenue YoY | -3.5% | -54.1% |
| Net Profit YoY | -63.5% | 108.5% |
| EPS (diluted) | $0.44 | $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 | $20.7M | $13.4M | ||
| Q3 25 | $11.3M | $12.0M | ||
| Q2 25 | $10.0M | $11.9M | ||
| Q1 25 | $10.3M | $12.6M | ||
| Q4 24 | $21.5M | $12.5M | ||
| Q3 24 | $13.3M | $12.0M | ||
| Q2 24 | $11.4M | $12.3M | ||
| Q1 24 | $12.0M | $-50.7M |
| Q4 25 | $21.4M | $2.2M | ||
| Q3 25 | $483.0K | $1.4M | ||
| Q2 25 | $7.6M | $-6.5M | ||
| Q1 25 | $2.0M | $-77.5M | ||
| Q4 24 | $58.7M | $-26.1M | ||
| Q3 24 | $1.8M | $-12.4M | ||
| Q2 24 | $-2.0M | $-14.8M | ||
| Q1 24 | $1.4M | $-5.2M |
| Q4 25 | — | 87.1% | ||
| Q3 25 | — | 87.1% | ||
| Q2 25 | — | 87.2% | ||
| Q1 25 | — | 87.5% | ||
| Q4 24 | — | 87.4% | ||
| Q3 24 | — | 86.9% | ||
| Q2 24 | — | 85.8% | ||
| Q1 24 | — | — |
| Q4 25 | — | 14.7% | ||
| Q3 25 | 4.3% | 5.9% | ||
| Q2 25 | 78.2% | -50.7% | ||
| Q1 25 | 20.6% | -213.6% | ||
| Q4 24 | — | -163.8% | ||
| Q3 24 | 13.9% | -50.3% | ||
| Q2 24 | -17.9% | -50.8% | ||
| Q1 24 | 11.9% | — |
| Q4 25 | 103.4% | 16.7% | ||
| Q3 25 | 4.3% | 11.7% | ||
| Q2 25 | 76.3% | -54.5% | ||
| Q1 25 | 19.9% | -614.5% | ||
| Q4 24 | 273.6% | -208.7% | ||
| Q3 24 | 13.5% | -103.7% | ||
| Q2 24 | -17.5% | -120.2% | ||
| Q1 24 | 11.5% | 10.3% |
| Q4 25 | $0.44 | $0.01 | ||
| Q3 25 | $0.00 | $0.01 | ||
| Q2 25 | $0.14 | $-0.06 | ||
| Q1 25 | $0.03 | $-0.67 | ||
| Q4 24 | $1.09 | $-0.23 | ||
| Q3 24 | $0.02 | $-0.11 | ||
| Q2 24 | $-0.06 | $-0.13 | ||
| Q1 24 | $0.01 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $69.9M |
| Total DebtLower is stronger | $161.6M | — |
| Stockholders' EquityBook value | $467.4M | $237.3M |
| Total Assets | $719.1M | $271.7M |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $69.9M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $63.4M | ||
| Q1 25 | — | $30.2M | ||
| Q4 24 | — | $31.9M | ||
| Q3 24 | — | $33.5M | ||
| Q2 24 | — | $50.8M | ||
| Q1 24 | — | $55.6M |
| Q4 25 | $161.6M | — | ||
| Q3 25 | $170.4M | — | ||
| Q2 25 | $193.4M | — | ||
| Q1 25 | $202.6M | — | ||
| Q4 24 | $204.6M | — | ||
| Q3 24 | $394.0M | — | ||
| Q2 24 | $393.0M | — | ||
| Q1 24 | $383.0M | — |
| Q4 25 | $467.4M | $237.3M | ||
| Q3 25 | $457.3M | $235.4M | ||
| Q2 25 | $473.5M | $222.5M | ||
| Q1 25 | $492.2M | $222.0M | ||
| Q4 24 | $494.6M | $299.6M | ||
| Q3 24 | $519.4M | $325.6M | ||
| Q2 24 | $521.5M | $342.5M | ||
| Q1 24 | $526.7M | $358.0M |
| Q4 25 | $719.1M | $271.7M | ||
| Q3 25 | $738.5M | $270.3M | ||
| Q2 25 | $776.7M | $269.5M | ||
| Q1 25 | $810.5M | $297.3M | ||
| Q4 24 | $869.6M | $355.4M | ||
| Q3 24 | $1.0B | $368.9M | ||
| Q2 24 | $1.0B | $398.6M | ||
| Q1 24 | $1.0B | $403.0M |
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.41× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.75× | — | ||
| Q1 24 | 0.73× | — |
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 | $17.4M | $5.7M |
| Free Cash FlowOCF − Capex | — | $5.0M |
| FCF MarginFCF / Revenue | — | 37.6% |
| Capex IntensityCapex / Revenue | — | 4.8% |
| Cash ConversionOCF / Net Profit | 0.81× | 2.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.4M | $5.7M | ||
| Q3 25 | $-2.0M | $3.2M | ||
| Q2 25 | $-2.2M | $-6.7M | ||
| Q1 25 | $6.4M | $-1.5M | ||
| Q4 24 | $16.1M | $1.3M | ||
| Q3 24 | $-4.3M | $-9.3M | ||
| Q2 24 | $-6.1M | $-547.5K | ||
| Q1 24 | $11.9M | $4.3M |
| Q4 25 | — | $5.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | $720.3K | ||
| Q3 24 | — | $-10.6M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $1.4M |
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | -63.8% | ||
| Q1 25 | — | -18.6% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | -88.3% | ||
| Q2 24 | — | -11.0% | ||
| Q1 24 | — | -2.8% |
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | -5.7% |
| Q4 25 | 0.81× | 2.55× | ||
| Q3 25 | -4.04× | 2.29× | ||
| Q2 25 | -0.29× | — | ||
| Q1 25 | 3.12× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | -2.39× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 8.66× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
