vs
Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Postal Realty Trust, Inc. (PSTL). 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 $26.0M, roughly 1.0× Postal Realty Trust, Inc.). Postal Realty Trust, Inc. runs the higher net margin — 17.9% vs -28.1%, a 46.0% gap on every dollar of revenue. On growth, Postal Realty Trust, Inc. posted the faster year-over-year revenue change (21.7% vs -8.2%). Postal Realty Trust, Inc. produced more free cash flow last quarter ($37.6M vs $-12.7M). Over the past eight quarters, Postal Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs -8.7%).
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.
Postal Realty Trust, Inc. is a specialized real estate investment trust that acquires, owns, and manages properties primarily leased to the United States Postal Service. Its portfolio includes last-mile postal facilities, sorting centers, and retail post office locations across the U.S., supporting critical mail and package delivery infrastructure.
FSP vs PSTL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $26.0M | $26.0M |
| Net Profit | $-7.3M | $4.6M |
| Gross Margin | 59.4% | — |
| Operating Margin | -27.9% | 39.2% |
| Net Margin | -28.1% | 17.9% |
| Revenue YoY | -8.2% | 21.7% |
| Net Profit YoY | 14.1% | 3.1% |
| EPS (diluted) | $-0.06 | $0.16 |
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 | $26.0M | ||
| Q3 25 | $27.3M | $24.3M | ||
| Q2 25 | $26.7M | $23.4M | ||
| Q1 25 | $27.1M | $22.1M | ||
| Q4 24 | $28.4M | $21.4M | ||
| Q3 24 | $29.7M | $19.7M | ||
| Q2 24 | $30.8M | $18.1M | ||
| Q1 24 | $31.2M | $17.3M |
| Q4 25 | $-7.3M | $4.6M | ||
| Q3 25 | $-8.3M | $3.8M | ||
| Q2 25 | $-7.9M | $3.6M | ||
| Q1 25 | $-21.4M | $2.1M | ||
| Q4 24 | $-8.5M | $4.5M | ||
| Q3 24 | $-15.6M | $1.1M | ||
| Q2 24 | $-21.0M | $817.0K | ||
| Q1 24 | $-7.6M | $206.0K |
| Q4 25 | 59.4% | — | ||
| Q3 25 | 60.9% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 62.8% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 61.0% | — | ||
| Q2 24 | 64.2% | — | ||
| Q1 24 | 64.7% | — |
| Q4 25 | -27.9% | 39.2% | ||
| Q3 25 | -30.5% | 37.6% | ||
| Q2 25 | -29.2% | 37.3% | ||
| Q1 25 | -78.9% | 28.4% | ||
| Q4 24 | -29.9% | 43.2% | ||
| Q3 24 | -52.4% | 24.3% | ||
| Q2 24 | -68.0% | 22.8% | ||
| Q1 24 | -24.0% | 17.6% |
| Q4 25 | -28.1% | 17.9% | ||
| Q3 25 | -30.5% | 15.7% | ||
| Q2 25 | -29.5% | 15.5% | ||
| Q1 25 | -79.1% | 9.4% | ||
| Q4 24 | -30.0% | 21.1% | ||
| Q3 24 | -52.6% | 5.4% | ||
| Q2 24 | -68.2% | 4.5% | ||
| Q1 24 | -24.2% | 1.2% |
| Q4 25 | $-0.06 | $0.16 | ||
| Q3 25 | $-0.08 | $0.13 | ||
| Q2 25 | $-0.08 | $0.12 | ||
| Q1 25 | $-0.21 | $0.06 | ||
| Q4 24 | $-0.09 | $0.17 | ||
| Q3 24 | $-0.15 | $0.03 | ||
| Q2 24 | $-0.20 | $0.02 | ||
| Q1 24 | $-0.07 | $-0.01 |
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 | $1.5M |
| Total DebtLower is stronger | — | $361.1M |
| Stockholders' EquityBook value | $607.0M | $285.2M |
| Total Assets | $892.9M | $759.1M |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.6M | $1.5M | ||
| Q3 25 | $31.4M | $1.9M | ||
| Q2 25 | $29.4M | $1.1M | ||
| Q1 25 | $30.2M | $639.0K | ||
| Q4 24 | $41.1M | $1.8M | ||
| Q3 24 | $40.9M | $970.0K | ||
| Q2 24 | $30.2M | $1.7M | ||
| Q1 24 | $34.2M | $1.9M |
| Q4 25 | — | $361.1M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $328.8M | ||
| Q1 25 | — | $306.7M | ||
| Q4 24 | — | $296.7M | ||
| Q3 24 | — | $277.0M | ||
| Q2 24 | — | $273.7M | ||
| Q1 24 | — | $247.6M |
| Q4 25 | $607.0M | $285.2M | ||
| Q3 25 | $615.3M | $273.9M | ||
| Q2 25 | $624.7M | $250.8M | ||
| Q1 25 | $633.4M | $245.5M | ||
| Q4 24 | $655.9M | $251.3M | ||
| Q3 24 | $665.4M | $245.6M | ||
| Q2 24 | $682.1M | $245.5M | ||
| Q1 24 | $703.9M | $248.1M |
| Q4 25 | $892.9M | $759.1M | ||
| Q3 25 | $901.0M | $735.2M | ||
| Q2 25 | $903.2M | $689.8M | ||
| Q1 25 | $916.4M | $654.0M | ||
| Q4 24 | $946.9M | $646.8M | ||
| Q3 24 | $981.5M | $615.1M | ||
| Q2 24 | $1.0B | $608.2M | ||
| Q1 24 | $1.0B | $584.1M |
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.27× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | — | 1.18× | ||
| Q3 24 | — | 1.13× | ||
| Q2 24 | — | 1.11× | ||
| Q1 24 | — | 1.00× |
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 | $44.5M |
| Free Cash FlowOCF − Capex | $-12.7M | $37.6M |
| FCF MarginFCF / Revenue | -48.6% | 144.5% |
| Capex IntensityCapex / Revenue | 63.0% | 26.7% |
| Cash ConversionOCF / Net Profit | — | 9.59× |
| TTM Free Cash FlowTrailing 4 quarters | $-25.3M | $65.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8M | $44.5M | ||
| Q3 25 | $8.3M | $10.9M | ||
| Q2 25 | $-2.9M | $11.4M | ||
| Q1 25 | $-5.5M | $10.8M | ||
| Q4 24 | $9.0M | $33.5M | ||
| Q3 24 | $14.5M | $8.0M | ||
| Q2 24 | $-648.0K | $9.9M | ||
| Q1 24 | $-7.1M | $6.4M |
| Q4 25 | $-12.7M | $37.6M | ||
| Q3 25 | $3.0M | $8.8M | ||
| Q2 25 | $-5.7M | $9.1M | ||
| Q1 25 | $-9.9M | $10.2M | ||
| Q4 24 | $-16.2M | $30.7M | ||
| Q3 24 | $8.6M | $7.4M | ||
| Q2 24 | $-5.1M | $8.9M | ||
| Q1 24 | $-15.8M | $5.8M |
| Q4 25 | -48.6% | 144.5% | ||
| Q3 25 | 11.0% | 36.1% | ||
| Q2 25 | -21.5% | 38.8% | ||
| Q1 25 | -36.7% | 45.9% | ||
| Q4 24 | -57.2% | 143.8% | ||
| Q3 24 | 29.1% | 37.6% | ||
| Q2 24 | -16.7% | 49.4% | ||
| Q1 24 | -50.8% | 33.6% |
| Q4 25 | 63.0% | 26.7% | ||
| Q3 25 | 19.4% | 8.9% | ||
| Q2 25 | 10.7% | 10.1% | ||
| Q1 25 | 16.4% | 3.0% | ||
| Q4 24 | 88.9% | 13.0% | ||
| Q3 24 | 19.6% | 3.2% | ||
| Q2 24 | 14.6% | 5.4% | ||
| Q1 24 | 28.1% | 3.5% |
| Q4 25 | — | 9.59× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | — | 3.16× | ||
| Q1 25 | — | 5.20× | ||
| Q4 24 | — | 7.44× | ||
| Q3 24 | — | 7.48× | ||
| Q2 24 | — | 12.10× | ||
| Q1 24 | — | 31.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
