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Side-by-side financial comparison of HOME BANCORP, INC. (HBCP) and INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR). Click either name above to swap in a different company.

INNOVATIVE INDUSTRIAL PROPERTIES INC is the larger business by last-quarter revenue ($66.7M vs $38.2M, roughly 1.7× HOME BANCORP, INC.). INNOVATIVE INDUSTRIAL PROPERTIES INC runs the higher net margin — 47.8% vs 29.7%, a 18.0% gap on every dollar of revenue. Over the past eight quarters, HOME BANCORP, INC.'s revenue compounded faster (7.4% CAGR vs -6.0%).

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. ...

HBCP vs IIPR — Head-to-Head

Bigger by revenue
IIPR
IIPR
1.7× larger
IIPR
$66.7M
$38.2M
HBCP
Higher net margin
IIPR
IIPR
18.0% more per $
IIPR
47.8%
29.7%
HBCP
Faster 2-yr revenue CAGR
HBCP
HBCP
Annualised
HBCP
7.4%
-6.0%
IIPR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HBCP
HBCP
IIPR
IIPR
Revenue
$38.2M
$66.7M
Net Profit
$11.4M
$31.8M
Gross Margin
Operating Margin
47.8%
Net Margin
29.7%
47.8%
Revenue YoY
-13.1%
Net Profit YoY
-0.4%
-20.4%
EPS (diluted)
$1.45
$1.07

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
HBCP
HBCP
IIPR
IIPR
Q1 26
$38.2M
Q4 25
$38.0M
$66.7M
Q3 25
$37.8M
$64.7M
Q2 25
$37.1M
$62.9M
Q1 25
$35.8M
$71.7M
Q4 24
$35.2M
$76.7M
Q3 24
$34.1M
$76.5M
Q2 24
$33.1M
$79.8M
Net Profit
HBCP
HBCP
IIPR
IIPR
Q1 26
$11.4M
Q4 25
$11.4M
$31.8M
Q3 25
$12.4M
$29.3M
Q2 25
$11.3M
$26.0M
Q1 25
$11.0M
$31.1M
Q4 24
$9.7M
$40.0M
Q3 24
$9.4M
$40.2M
Q2 24
$8.1M
$42.0M
Operating Margin
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
38.2%
47.8%
Q3 25
41.1%
45.5%
Q2 25
38.2%
45.9%
Q1 25
38.6%
47.4%
Q4 24
34.0%
54.7%
Q3 24
34.3%
54.8%
Q2 24
30.4%
53.1%
Net Margin
HBCP
HBCP
IIPR
IIPR
Q1 26
29.7%
Q4 25
30.0%
47.8%
Q3 25
32.7%
45.3%
Q2 25
30.6%
41.4%
Q1 25
30.7%
43.3%
Q4 24
27.5%
52.2%
Q3 24
27.7%
52.6%
Q2 24
24.5%
52.6%
EPS (diluted)
HBCP
HBCP
IIPR
IIPR
Q1 26
$1.45
Q4 25
$1.46
$1.07
Q3 25
$1.59
$0.97
Q2 25
$1.45
$0.86
Q1 25
$1.37
$1.03
Q4 24
$1.21
$1.35
Q3 24
$1.18
$1.37
Q2 24
$1.02
$1.44

Balance Sheet & Financial Strength

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

Metric
HBCP
HBCP
IIPR
IIPR
Cash + ST InvestmentsLiquidity on hand
$223.5M
$47.6M
Total DebtLower is stronger
$393.7M
Stockholders' EquityBook value
$444.4M
$1.8B
Total Assets
$3.6B
$2.4B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBCP
HBCP
IIPR
IIPR
Q1 26
$223.5M
Q4 25
$47.6M
Q3 25
$41.9M
Q2 25
$104.9M
Q1 25
$133.3M
Q4 24
$151.2M
Q3 24
$172.4M
Q2 24
$160.9M
Total Debt
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
$393.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HBCP
HBCP
IIPR
IIPR
Q1 26
$444.4M
Q4 25
$435.1M
$1.8B
Q3 25
$423.0M
$1.9B
Q2 25
$408.8M
$1.9B
Q1 25
$402.8M
$1.9B
Q4 24
$396.1M
$1.9B
Q3 24
$393.5M
$1.9B
Q2 24
$375.8M
$1.9B
Total Assets
HBCP
HBCP
IIPR
IIPR
Q1 26
$3.6B
Q4 25
$3.5B
$2.4B
Q3 25
$3.5B
$2.3B
Q2 25
$3.5B
$2.3B
Q1 25
$3.5B
$2.4B
Q4 24
$3.4B
$2.4B
Q3 24
$3.4B
$2.4B
Q2 24
$3.4B
$2.4B
Debt / Equity
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
0.21×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HBCP
HBCP
IIPR
IIPR
Operating Cash FlowLast quarter
$198.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
$54.5M
$198.2M
Q3 25
$21.5M
$45.6M
Q2 25
$8.7M
$48.4M
Q1 25
$12.6M
$54.2M
Q4 24
$48.7M
$258.4M
Q3 24
$17.6M
$64.9M
Q2 24
$15.0M
$64.2M
Free Cash Flow
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
$44.3M
Q3 25
$20.7M
Q2 25
$7.9M
Q1 25
$8.7M
Q4 24
$44.7M
Q3 24
$17.0M
Q2 24
$13.4M
FCF Margin
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
116.5%
Q3 25
54.6%
Q2 25
21.3%
Q1 25
24.3%
Q4 24
126.9%
Q3 24
49.8%
Q2 24
40.3%
Capex Intensity
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
26.7%
Q3 25
2.2%
Q2 25
2.3%
Q1 25
10.8%
Q4 24
11.5%
Q3 24
1.9%
Q2 24
4.9%
Cash Conversion
HBCP
HBCP
IIPR
IIPR
Q1 26
Q4 25
4.78×
6.22×
Q3 25
1.74×
1.56×
Q2 25
0.77×
1.86×
Q1 25
1.15×
1.75×
Q4 24
5.04×
6.46×
Q3 24
1.87×
1.61×
Q2 24
1.84×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HBCP
HBCP

Net Interest Income$34.5M90%
Noninterest Income$3.7M10%

IIPR
IIPR

Segment breakdown not available.

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