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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
Great Lakes Dredge & Dock CORP is the larger business by last-quarter revenue ($256.5M vs $165.3M, roughly 1.6× INDEPENDENCE REALTY TRUST, INC.). On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs 2.5%). Over the past eight quarters, Great Lakes Dredge & Dock CORP's revenue compounded faster (13.6% CAGR vs 2.2%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
GLDD vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $165.3M |
| Net Profit | $12.6M | — |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | — |
| Net Margin | 4.9% | — |
| Revenue YoY | 26.5% | 2.5% |
| Net Profit YoY | -35.9% | — |
| EPS (diluted) | $0.19 | $0.00 |
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.
| Q1 26 | — | $165.3M | ||
| Q4 25 | $256.5M | $167.1M | ||
| Q3 25 | $195.2M | $167.1M | ||
| Q2 25 | $193.8M | $162.2M | ||
| Q1 25 | $242.9M | $161.2M | ||
| Q4 24 | $202.8M | $161.0M | ||
| Q3 24 | $191.2M | $160.1M | ||
| Q2 24 | $170.1M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $12.6M | $33.3M | ||
| Q3 25 | $17.7M | $6.9M | ||
| Q2 25 | $9.7M | $8.0M | ||
| Q1 25 | $33.4M | $8.4M | ||
| Q4 24 | $19.7M | $-1.0M | ||
| Q3 24 | $8.9M | $12.4M | ||
| Q2 24 | $7.7M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.7% | — | ||
| Q3 25 | 14.4% | — | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 20.6% | — | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 8.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 19.9% | ||
| Q3 25 | 9.1% | 4.1% | ||
| Q2 25 | 5.0% | 5.0% | ||
| Q1 25 | 13.8% | 5.2% | ||
| Q4 24 | 9.7% | -0.6% | ||
| Q3 24 | 4.6% | 7.7% | ||
| Q2 24 | 4.5% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $0.19 | $0.14 | ||
| Q3 25 | $0.26 | $0.03 | ||
| Q2 25 | $0.14 | $0.03 | ||
| Q1 25 | $0.49 | $0.04 | ||
| Q4 24 | $0.29 | $-0.01 | ||
| Q3 24 | $0.13 | $0.05 | ||
| Q2 24 | $0.11 | $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 | $13.4M | $23.3M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $3.4B |
| Total Assets | $1.3B | $6.1B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $13.4M | $23.6M | ||
| Q3 25 | $12.7M | $23.3M | ||
| Q2 25 | $2.9M | $19.5M | ||
| Q1 25 | $11.3M | $29.1M | ||
| Q4 24 | $10.2M | $21.2M | ||
| Q3 24 | $12.0M | $17.6M | ||
| Q2 24 | $23.1M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $378.2M | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $448.2M | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $517.1M | $3.5B | ||
| Q3 25 | $502.1M | $3.5B | ||
| Q2 25 | $481.9M | $3.4B | ||
| Q1 25 | $479.9M | $3.5B | ||
| Q4 24 | $448.9M | $3.4B | ||
| Q3 24 | $425.4M | $3.4B | ||
| Q2 24 | $418.0M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $1.3B | $6.0B | ||
| Q3 25 | $1.3B | $6.1B | ||
| Q2 25 | $1.2B | $6.0B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $1.3B | $6.1B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.1B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 1.00× | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
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 | $79.7M | — |
| Free Cash FlowOCF − Capex | $50.3M | — |
| FCF MarginFCF / Revenue | 19.6% | — |
| Capex IntensityCapex / Revenue | 11.5% | — |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $282.1M | ||
| Q3 25 | $49.2M | $79.3M | ||
| Q2 25 | $56.9M | $82.2M | ||
| Q1 25 | $60.9M | $60.4M | ||
| Q4 24 | $-13.5M | $259.8M | ||
| Q3 24 | $26.8M | $69.2M | ||
| Q2 24 | $18.4M | $83.0M |
| Q1 26 | — | — | ||
| Q4 25 | $50.3M | — | ||
| Q3 25 | $13.2M | — | ||
| Q2 25 | $-3.7M | — | ||
| Q1 25 | $39.6M | — | ||
| Q4 24 | $-36.1M | — | ||
| Q3 24 | $-11.5M | — | ||
| Q2 24 | $-34.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | -1.9% | — | ||
| Q1 25 | 16.3% | — | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -6.0% | — | ||
| Q2 24 | -20.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | — | ||
| Q3 25 | 18.4% | — | ||
| Q2 25 | 31.3% | — | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 30.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | 8.48× | ||
| Q3 25 | 2.77× | 11.51× | ||
| Q2 25 | 5.87× | 10.22× | ||
| Q1 25 | 1.82× | 7.23× | ||
| Q4 24 | -0.69× | — | ||
| Q3 24 | 3.02× | 5.60× | ||
| Q2 24 | 2.39× | 8.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLDD
Segment breakdown not available.
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
