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Side-by-side financial comparison of FRP HOLDINGS, INC. (FRPH) and UTAH MEDICAL PRODUCTS INC (UTMD). Click either name above to swap in a different company.

FRP HOLDINGS, INC. is the larger business by last-quarter revenue ($10.9M vs $9.0M, roughly 1.2× UTAH MEDICAL PRODUCTS INC). UTAH MEDICAL PRODUCTS INC runs the higher net margin — 28.4% vs 1.3%, a 27.1% gap on every dollar of revenue. On growth, FRP HOLDINGS, INC. posted the faster year-over-year revenue change (3.6% vs -1.2%). UTAH MEDICAL PRODUCTS INC produced more free cash flow last quarter ($3.4M vs $-21.5M). Over the past eight quarters, FRP HOLDINGS, INC.'s revenue compounded faster (3.8% CAGR vs -10.7%).

FRP Advisory is a business advisory firm based in the United Kingdom, providing restructuring, corporate finance, debt advisory, forensic accounting and financial advisory and is one of the UK’s largest specialists in the area of corporate restructuring.

Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites...

FRPH vs UTMD — Head-to-Head

Bigger by revenue
FRPH
FRPH
1.2× larger
FRPH
$10.9M
$9.0M
UTMD
Growing faster (revenue YoY)
FRPH
FRPH
+4.9% gap
FRPH
3.6%
-1.2%
UTMD
Higher net margin
UTMD
UTMD
27.1% more per $
UTMD
28.4%
1.3%
FRPH
More free cash flow
UTMD
UTMD
$24.8M more FCF
UTMD
$3.4M
$-21.5M
FRPH
Faster 2-yr revenue CAGR
FRPH
FRPH
Annualised
FRPH
3.8%
-10.7%
UTMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FRPH
FRPH
UTMD
UTMD
Revenue
$10.9M
$9.0M
Net Profit
$139.0K
$2.6M
Gross Margin
58.2%
Operating Margin
15.4%
27.0%
Net Margin
1.3%
28.4%
Revenue YoY
3.6%
-1.2%
Net Profit YoY
-91.8%
-11.6%
EPS (diluted)
$0.03
$0.80

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
FRPH
FRPH
UTMD
UTMD
Q4 25
$10.9M
$9.0M
Q3 25
$10.8M
$9.8M
Q2 25
$10.8M
$10.0M
Q1 25
$10.3M
$9.7M
Q4 24
$10.5M
$9.2M
Q3 24
$10.6M
$10.0M
Q2 24
$10.5M
$10.4M
Q1 24
$10.1M
$11.3M
Net Profit
FRPH
FRPH
UTMD
UTMD
Q4 25
$139.0K
$2.6M
Q3 25
$662.0K
$2.6M
Q2 25
$578.0K
$3.0M
Q1 25
$1.7M
$3.0M
Q4 24
$1.7M
$2.9M
Q3 24
$1.4M
$3.6M
Q2 24
$2.0M
$3.5M
Q1 24
$1.3M
$4.0M
Gross Margin
FRPH
FRPH
UTMD
UTMD
Q4 25
58.2%
Q3 25
57.1%
Q2 25
56.2%
Q1 25
57.0%
Q4 24
58.1%
Q3 24
58.0%
Q2 24
60.1%
Q1 24
59.7%
Operating Margin
FRPH
FRPH
UTMD
UTMD
Q4 25
15.4%
27.0%
Q3 25
12.6%
26.6%
Q2 25
15.3%
32.1%
Q1 25
22.6%
32.5%
Q4 24
27.7%
32.0%
Q3 24
29.0%
33.4%
Q2 24
26.9%
33.1%
Q1 24
28.4%
34.2%
Net Margin
FRPH
FRPH
UTMD
UTMD
Q4 25
1.3%
28.4%
Q3 25
6.1%
26.8%
Q2 25
5.3%
30.6%
Q1 25
16.6%
31.3%
Q4 24
16.0%
31.7%
Q3 24
12.8%
35.6%
Q2 24
19.5%
33.2%
Q1 24
12.8%
34.9%
EPS (diluted)
FRPH
FRPH
UTMD
UTMD
Q4 25
$0.03
$0.80
Q3 25
$0.03
$0.82
Q2 25
$0.03
$0.94
Q1 25
$0.09
$0.92
Q4 24
$0.09
$0.86
Q3 24
$0.07
$1.03
Q2 24
$0.11
$0.98
Q1 24
$0.07
$1.09

Balance Sheet & Financial Strength

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

Metric
FRPH
FRPH
UTMD
UTMD
Cash + ST InvestmentsLiquidity on hand
$85.8M
Total DebtLower is stronger
$192.6M
$225.0K
Stockholders' EquityBook value
$428.5M
$119.3M
Total Assets
$735.1M
$122.5M
Debt / EquityLower = less leverage
0.45×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPH
FRPH
UTMD
UTMD
Q4 25
$85.8M
Q3 25
$134.9M
$84.3M
Q2 25
$153.2M
$82.2M
Q1 25
$142.9M
$83.3M
Q4 24
$148.6M
$83.0M
Q3 24
$144.7M
$88.5M
Q2 24
$156.9M
$89.2M
Q1 24
$152.5M
$93.8M
Total Debt
FRPH
FRPH
UTMD
UTMD
Q4 25
$192.6M
$225.0K
Q3 25
$185.3M
Q2 25
$180.4M
Q1 25
$178.3M
$269.0K
Q4 24
$178.9M
$282.0K
Q3 24
$178.8M
Q2 24
$178.8M
Q1 24
$178.7M
Stockholders' Equity
FRPH
FRPH
UTMD
UTMD
Q4 25
$428.5M
$119.3M
Q3 25
$427.7M
$118.3M
Q2 25
$426.7M
$117.5M
Q1 25
$425.2M
$117.0M
Q4 24
$423.1M
$117.4M
Q3 24
$420.9M
$124.2M
Q2 24
$419.1M
$124.1M
Q1 24
$416.1M
$127.7M
Total Assets
FRPH
FRPH
UTMD
UTMD
Q4 25
$735.1M
$122.5M
Q3 25
$731.3M
$122.0M
Q2 25
$722.8M
$120.8M
Q1 25
$717.1M
$122.5M
Q4 24
$728.5M
$122.5M
Q3 24
$726.9M
$129.7M
Q2 24
$711.9M
$130.0M
Q1 24
$705.7M
$135.4M
Debt / Equity
FRPH
FRPH
UTMD
UTMD
Q4 25
0.45×
0.00×
Q3 25
0.43×
Q2 25
0.42×
Q1 25
0.42×
0.00×
Q4 24
0.42×
0.00×
Q3 24
0.42×
Q2 24
0.43×
Q1 24
0.43×

Cash Flow & Capital Efficiency

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

Metric
FRPH
FRPH
UTMD
UTMD
Operating Cash FlowLast quarter
$29.7M
$3.5M
Free Cash FlowOCF − Capex
$-21.5M
$3.4M
FCF MarginFCF / Revenue
-196.6%
37.2%
Capex IntensityCapex / Revenue
468.5%
1.2%
Cash ConversionOCF / Net Profit
213.50×
1.36×
TTM Free Cash FlowTrailing 4 quarters
$-34.4M
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPH
FRPH
UTMD
UTMD
Q4 25
$29.7M
$3.5M
Q3 25
$8.1M
$3.9M
Q2 25
$8.7M
$2.9M
Q1 25
$4.5M
$4.5M
Q4 24
$29.0M
$2.9M
Q3 24
$6.3M
$3.9M
Q2 24
$12.2M
$2.8M
Q1 24
$2.9M
$5.3M
Free Cash Flow
FRPH
FRPH
UTMD
UTMD
Q4 25
$-21.5M
$3.4M
Q3 25
$-16.9M
$3.9M
Q2 25
$2.6M
$2.8M
Q1 25
$1.4M
$4.3M
Q4 24
$-22.2M
$2.9M
Q3 24
$-28.2M
$3.8M
Q2 24
$5.9M
$2.7M
Q1 24
$-3.3M
$5.3M
FCF Margin
FRPH
FRPH
UTMD
UTMD
Q4 25
-196.6%
37.2%
Q3 25
-157.0%
39.2%
Q2 25
24.0%
28.4%
Q1 25
13.6%
44.1%
Q4 24
-210.9%
32.0%
Q3 24
-265.7%
37.7%
Q2 24
56.0%
25.5%
Q1 24
-32.6%
46.3%
Capex Intensity
FRPH
FRPH
UTMD
UTMD
Q4 25
468.5%
1.2%
Q3 25
232.0%
0.3%
Q2 25
55.9%
0.5%
Q1 25
30.1%
1.9%
Q4 24
486.1%
0.1%
Q3 24
325.1%
0.9%
Q2 24
60.3%
1.1%
Q1 24
61.2%
0.2%
Cash Conversion
FRPH
FRPH
UTMD
UTMD
Q4 25
213.50×
1.36×
Q3 25
12.21×
1.47×
Q2 25
15.00×
0.94×
Q1 25
2.63×
1.47×
Q4 24
17.18×
1.01×
Q3 24
4.65×
1.08×
Q2 24
5.96×
0.80×
Q1 24
2.23×
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRPH
FRPH

Other$5.6M51%
Multifamily Segment$5.3M49%

UTMD
UTMD

Segment breakdown not available.

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