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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.

Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $194.8M, roughly 1.8× FIRST INDUSTRIAL REALTY TRUST INC). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 0.7%, a 75.3% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs -3.1%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% CAGR vs -1.5%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

FR vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
1.8× larger
UTZ
$341.0M
$194.8M
FR
Growing faster (revenue YoY)
FR
FR
+13.2% gap
FR
10.0%
-3.1%
UTZ
Higher net margin
FR
FR
75.3% more per $
FR
75.9%
0.7%
UTZ
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
-1.5%
UTZ

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
FR
FR
UTZ
UTZ
Revenue
$194.8M
$341.0M
Net Profit
$147.9M
$2.3M
Gross Margin
25.5%
Operating Margin
2.1%
Net Margin
75.9%
0.7%
Revenue YoY
10.0%
-3.1%
Net Profit YoY
179.7%
108.3%
EPS (diluted)
$1.08
$0.04

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
FR
FR
UTZ
UTZ
Q1 26
$194.8M
Q4 25
$188.4M
Q3 25
$181.4M
Q2 25
$180.2M
Q1 25
$177.1M
Q4 24
$175.6M
$341.0M
Q3 24
$167.6M
$365.5M
Q2 24
$164.1M
$356.2M
Net Profit
FR
FR
UTZ
UTZ
Q1 26
$147.9M
Q4 25
$78.8M
Q3 25
$65.3M
Q2 25
$55.2M
Q1 25
$48.1M
Q4 24
$68.4M
$2.3M
Q3 24
$99.4M
$-2.2M
Q2 24
$51.3M
$19.8M
Gross Margin
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
25.5%
Q3 24
26.9%
Q2 24
26.7%
Operating Margin
FR
FR
UTZ
UTZ
Q1 26
Q4 25
34.6%
Q3 25
37.0%
Q2 25
31.7%
Q1 25
31.2%
Q4 24
40.1%
2.1%
Q3 24
62.6%
5.3%
Q2 24
31.8%
6.3%
Net Margin
FR
FR
UTZ
UTZ
Q1 26
75.9%
Q4 25
41.8%
Q3 25
36.0%
Q2 25
30.6%
Q1 25
27.2%
Q4 24
39.0%
0.7%
Q3 24
59.3%
-0.6%
Q2 24
31.3%
5.6%
EPS (diluted)
FR
FR
UTZ
UTZ
Q1 26
$1.08
Q4 25
$0.60
Q3 25
$0.49
Q2 25
$0.42
Q1 25
$0.36
Q4 24
$0.51
$0.04
Q3 24
$0.75
$-0.03
Q2 24
$0.39
$0.23

Balance Sheet & Financial Strength

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

Metric
FR
FR
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$56.1M
Total DebtLower is stronger
$768.6M
Stockholders' EquityBook value
$2.9B
$696.9M
Total Assets
$5.8B
$2.7B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
UTZ
UTZ
Q1 26
Q4 25
$78.0M
Q3 25
$33.5M
Q2 25
$34.9M
Q1 25
$35.7M
Q4 24
$44.5M
$56.1M
Q3 24
$47.1M
$64.9M
Q2 24
$38.5M
$66.6M
Total Debt
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Stockholders' Equity
FR
FR
UTZ
UTZ
Q1 26
$2.9B
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$2.7B
Q4 24
$2.7B
$696.9M
Q3 24
$2.6B
$685.7M
Q2 24
$2.6B
$686.0M
Total Assets
FR
FR
UTZ
UTZ
Q1 26
$5.8B
Q4 25
$5.7B
Q3 25
$5.5B
Q2 25
$5.5B
Q1 25
$5.4B
Q4 24
$5.3B
$2.7B
Q3 24
$5.2B
$2.6B
Q2 24
$5.2B
$2.7B
Debt / Equity
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×

Cash Flow & Capital Efficiency

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

Metric
FR
FR
UTZ
UTZ
Operating Cash FlowLast quarter
$54.2M
Free Cash FlowOCF − Capex
$16.5M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
11.1%
Cash ConversionOCF / Net Profit
23.67×
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
UTZ
UTZ
Q1 26
Q4 25
$461.3M
Q3 25
$124.6M
Q2 25
$126.1M
Q1 25
$88.6M
Q4 24
$352.5M
$54.2M
Q3 24
$105.5M
$52.2M
Q2 24
$107.7M
$8.9M
Free Cash Flow
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$16.5M
Q3 24
$29.1M
Q2 24
$-15.3M
FCF Margin
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.8%
Q3 24
8.0%
Q2 24
-4.3%
Capex Intensity
FR
FR
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
11.1%
Q3 24
6.3%
Q2 24
6.8%
Cash Conversion
FR
FR
UTZ
UTZ
Q1 26
Q4 25
5.85×
Q3 25
1.91×
Q2 25
2.28×
Q1 25
1.84×
Q4 24
5.15×
23.67×
Q3 24
1.06×
Q2 24
2.10×
0.45×

Financial Flow Comparison

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

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