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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Legacy Housing Corp (LEGH). Click either name above to swap in a different company.
FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $25.5M, roughly 1.0× Legacy Housing Corp). Legacy Housing Corp runs the higher net margin — 32.2% vs -28.1%, a 60.3% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -30.6%). Legacy Housing Corp produced more free cash flow last quarter ($15.7M vs $-12.7M). Over the past eight quarters, FRANKLIN STREET PROPERTIES CORP's revenue compounded faster (-8.7% CAGR vs -9.1%).
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
Legacy Housing Corp is a prominent U.S.-based manufacturer of affordable manufactured homes, tiny homes, and accessory dwelling units. It mainly caters to low- and middle-income consumers across North America, providing customizable residential solutions, supporting construction materials, and after-sales services for individual and community development clients.
FSP vs LEGH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $26.0M | $25.5M |
| Net Profit | $-7.3M | $8.2M |
| Gross Margin | 59.4% | 26.4% |
| Operating Margin | -27.9% | 40.4% |
| Net Margin | -28.1% | 32.2% |
| Revenue YoY | -8.2% | -30.6% |
| Net Profit YoY | 14.1% | -43.5% |
| EPS (diluted) | $-0.06 | $0.38 |
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 | $26.0M | $25.5M | ||
| Q3 25 | $27.3M | $28.8M | ||
| Q2 25 | $26.7M | $38.4M | ||
| Q1 25 | $27.1M | $24.3M | ||
| Q4 24 | $28.4M | $36.7M | ||
| Q3 24 | $29.7M | $30.2M | ||
| Q2 24 | $30.8M | $31.7M | ||
| Q1 24 | $31.2M | $30.8M |
| Q4 25 | $-7.3M | $8.2M | ||
| Q3 25 | $-8.3M | $8.6M | ||
| Q2 25 | $-7.9M | $14.7M | ||
| Q1 25 | $-21.4M | $10.3M | ||
| Q4 24 | $-8.5M | $14.5M | ||
| Q3 24 | $-15.6M | $15.8M | ||
| Q2 24 | $-21.0M | $16.2M | ||
| Q1 24 | $-7.6M | $15.1M |
| Q4 25 | 59.4% | 26.4% | ||
| Q3 25 | 60.9% | 20.2% | ||
| Q2 25 | 59.9% | 32.4% | ||
| Q1 25 | 62.8% | 29.2% | ||
| Q4 24 | 59.7% | 27.3% | ||
| Q3 24 | 61.0% | 29.2% | ||
| Q2 24 | 64.2% | 31.9% | ||
| Q1 24 | 64.7% | 33.6% |
| Q4 25 | -27.9% | 40.4% | ||
| Q3 25 | -30.5% | 33.7% | ||
| Q2 25 | -29.2% | 43.8% | ||
| Q1 25 | -78.9% | 47.7% | ||
| Q4 24 | -29.9% | 42.3% | ||
| Q3 24 | -52.4% | 50.8% | ||
| Q2 24 | -68.0% | 50.6% | ||
| Q1 24 | -24.0% | 54.3% |
| Q4 25 | -28.1% | 32.2% | ||
| Q3 25 | -30.5% | 30.0% | ||
| Q2 25 | -29.5% | 38.3% | ||
| Q1 25 | -79.1% | 42.3% | ||
| Q4 24 | -30.0% | 39.5% | ||
| Q3 24 | -52.6% | 52.4% | ||
| Q2 24 | -68.2% | 51.1% | ||
| Q1 24 | -24.2% | 49.1% |
| Q4 25 | $-0.06 | $0.38 | ||
| Q3 25 | $-0.08 | $0.35 | ||
| Q2 25 | $-0.08 | $0.60 | ||
| Q1 25 | $-0.21 | $0.41 | ||
| Q4 24 | $-0.09 | $0.59 | ||
| Q3 24 | $-0.15 | $0.64 | ||
| Q2 24 | $-0.20 | $0.65 | ||
| Q1 24 | $-0.07 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $30.6M | $8.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $607.0M | $528.6M |
| Total Assets | $892.9M | $580.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.6M | $8.5M | ||
| Q3 25 | $31.4M | $13.6M | ||
| Q2 25 | $29.4M | $2.6M | ||
| Q1 25 | $30.2M | $3.4M | ||
| Q4 24 | $41.1M | $1.1M | ||
| Q3 24 | $40.9M | $570.0K | ||
| Q2 24 | $30.2M | $60.0K | ||
| Q1 24 | $34.2M | $621.0K |
| Q4 25 | $607.0M | $528.6M | ||
| Q3 25 | $615.3M | $521.6M | ||
| Q2 25 | $624.7M | $512.8M | ||
| Q1 25 | $633.4M | $503.7M | ||
| Q4 24 | $655.9M | $494.0M | ||
| Q3 24 | $665.4M | $479.3M | ||
| Q2 24 | $682.1M | $463.2M | ||
| Q1 24 | $703.9M | $450.4M |
| Q4 25 | $892.9M | $580.3M | ||
| Q3 25 | $901.0M | $557.9M | ||
| Q2 25 | $903.2M | $552.0M | ||
| Q1 25 | $916.4M | $544.6M | ||
| Q4 24 | $946.9M | $534.2M | ||
| Q3 24 | $981.5M | $521.4M | ||
| Q2 24 | $1.0B | $514.9M | ||
| Q1 24 | $1.0B | $510.0M |
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 | $3.8M | $19.0M |
| Free Cash FlowOCF − Capex | $-12.7M | $15.7M |
| FCF MarginFCF / Revenue | -48.6% | 61.6% |
| Capex IntensityCapex / Revenue | 63.0% | 13.1% |
| Cash ConversionOCF / Net Profit | — | 2.32× |
| TTM Free Cash FlowTrailing 4 quarters | $-25.3M | $28.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8M | $19.0M | ||
| Q3 25 | $8.3M | $7.2M | ||
| Q2 25 | $-2.9M | $6.1M | ||
| Q1 25 | $-5.5M | $4.9M | ||
| Q4 24 | $9.0M | $7.9M | ||
| Q3 24 | $14.5M | $13.8M | ||
| Q2 24 | $-648.0K | $3.5M | ||
| Q1 24 | $-7.1M | $10.8M |
| Q4 25 | $-12.7M | $15.7M | ||
| Q3 25 | $3.0M | $5.1M | ||
| Q2 25 | $-5.7M | $3.7M | ||
| Q1 25 | $-9.9M | $3.6M | ||
| Q4 24 | $-16.2M | $6.0M | ||
| Q3 24 | $8.6M | $9.1M | ||
| Q2 24 | $-5.1M | $1.7M | ||
| Q1 24 | $-15.8M | $9.9M |
| Q4 25 | -48.6% | 61.6% | ||
| Q3 25 | 11.0% | 17.8% | ||
| Q2 25 | -21.5% | 9.6% | ||
| Q1 25 | -36.7% | 15.0% | ||
| Q4 24 | -57.2% | 16.4% | ||
| Q3 24 | 29.1% | 30.2% | ||
| Q2 24 | -16.7% | 5.4% | ||
| Q1 24 | -50.8% | 32.2% |
| Q4 25 | 63.0% | 13.1% | ||
| Q3 25 | 19.4% | 7.1% | ||
| Q2 25 | 10.7% | 6.2% | ||
| Q1 25 | 16.4% | 5.2% | ||
| Q4 24 | 88.9% | 5.1% | ||
| Q3 24 | 19.6% | 15.6% | ||
| Q2 24 | 14.6% | 5.5% | ||
| Q1 24 | 28.1% | 2.8% |
| Q4 25 | — | 2.32× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.54× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSP
Segment breakdown not available.
LEGH
| Commercial Sales | $8.6M | 34% |
| Retail Store Sales | $6.0M | 24% |
| Inventory Finance Sales | $5.0M | 20% |
| Direct Sales | $4.4M | 17% |
| Other | $1.5M | 6% |
