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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and NPK International Inc. (NPKI). Click either name above to swap in a different company.
JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $75.2M, roughly 1.7× NPK International Inc.). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs -2.5%). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs -6.3%).
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
JBGS vs NPKI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $127.6M | $75.2M |
| Net Profit | $-45.5M | — |
| Gross Margin | — | 37.7% |
| Operating Margin | -47.5% | 16.7% |
| Net Margin | -35.7% | — |
| Revenue YoY | -2.5% | 30.7% |
| Net Profit YoY | 24.0% | — |
| EPS (diluted) | $-0.76 | $0.17 |
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 | $127.6M | $75.2M | ||
| Q3 25 | $123.9M | $68.8M | ||
| Q2 25 | $126.5M | $68.2M | ||
| Q1 25 | $120.7M | $64.8M | ||
| Q4 24 | $130.8M | $57.5M | ||
| Q3 24 | $136.0M | $44.2M | ||
| Q2 24 | $135.3M | $66.8M | ||
| Q1 24 | $145.2M | $49.0M |
| Q4 25 | $-45.5M | — | ||
| Q3 25 | $-28.6M | $5.7M | ||
| Q2 25 | $-19.2M | $8.7M | ||
| Q1 25 | $-45.7M | $10.0M | ||
| Q4 24 | $-59.9M | — | ||
| Q3 24 | $-27.0M | $-174.3M | ||
| Q2 24 | $-24.4M | $8.0M | ||
| Q1 24 | $-32.3M | $7.3M |
| Q4 25 | — | 37.7% | ||
| Q3 25 | — | 31.9% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 39.0% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 27.5% | ||
| Q2 24 | — | 37.2% | ||
| Q1 24 | — | 36.0% |
| Q4 25 | -47.5% | 16.7% | ||
| Q3 25 | -27.5% | 13.2% | ||
| Q2 25 | -18.4% | 17.0% | ||
| Q1 25 | -44.7% | 20.9% | ||
| Q4 24 | -53.6% | 20.2% | ||
| Q3 24 | -22.4% | 2.8% | ||
| Q2 24 | -24.3% | 18.7% | ||
| Q1 24 | -30.1% | 14.2% |
| Q4 25 | -35.7% | — | ||
| Q3 25 | -23.1% | 8.2% | ||
| Q2 25 | -15.2% | 12.7% | ||
| Q1 25 | -37.9% | 15.4% | ||
| Q4 24 | -45.8% | — | ||
| Q3 24 | -19.8% | -394.3% | ||
| Q2 24 | -18.0% | 12.0% | ||
| Q1 24 | -22.2% | 14.9% |
| Q4 25 | $-0.76 | $0.17 | ||
| Q3 25 | $-0.48 | $0.07 | ||
| Q2 25 | $-0.29 | $0.10 | ||
| Q1 25 | $-0.56 | $0.11 | ||
| Q4 24 | $-0.70 | $0.10 | ||
| Q3 24 | $-0.32 | $-1.99 | ||
| Q2 24 | $-0.27 | $0.09 | ||
| Q1 24 | $-0.36 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.3M | $5.1M |
| Total DebtLower is stronger | — | $16.9M |
| Stockholders' EquityBook value | $1.2B | $351.2M |
| Total Assets | $4.4B | $441.8M |
| Debt / EquityLower = less leverage | — | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.3M | $5.1M | ||
| Q3 25 | $64.4M | $35.6M | ||
| Q2 25 | $61.4M | $26.0M | ||
| Q1 25 | $81.3M | $20.8M | ||
| Q4 24 | $145.8M | $17.8M | ||
| Q3 24 | $137.0M | $42.9M | ||
| Q2 24 | $163.5M | $35.1M | ||
| Q1 24 | $220.5M | $37.7M |
| Q4 25 | — | $16.9M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $9.3M | ||
| Q1 25 | — | $8.1M | ||
| Q4 24 | — | $7.7M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $58.0M | ||
| Q1 24 | — | $77.4M |
| Q4 25 | $1.2B | $351.2M | ||
| Q3 25 | $1.2B | $333.9M | ||
| Q2 25 | $1.3B | $328.8M | ||
| Q1 25 | $1.6B | $326.9M | ||
| Q4 24 | $1.8B | $326.5M | ||
| Q3 24 | $1.9B | $316.5M | ||
| Q2 24 | $2.0B | $426.6M | ||
| Q1 24 | $2.1B | $421.6M |
| Q4 25 | $4.4B | $441.8M | ||
| Q3 25 | $4.4B | $404.5M | ||
| Q2 25 | $4.5B | $393.7M | ||
| Q1 25 | $4.7B | $390.0M | ||
| Q4 24 | $5.0B | $393.7M | ||
| Q3 24 | $5.2B | $389.6M | ||
| Q2 24 | $5.3B | $624.8M | ||
| Q1 24 | $5.4B | $640.8M |
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.18× |
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 | $73.3M | $18.0M |
| Free Cash FlowOCF − Capex | — | $5.8M |
| FCF MarginFCF / Revenue | — | 7.6% |
| Capex IntensityCapex / Revenue | — | 16.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.3M | $18.0M | ||
| Q3 25 | $8.9M | $24.7M | ||
| Q2 25 | $18.8M | $21.4M | ||
| Q1 25 | $12.9M | $8.8M | ||
| Q4 24 | $129.4M | $-4.1M | ||
| Q3 24 | $26.4M | $2.8M | ||
| Q2 24 | $23.8M | $27.6M | ||
| Q1 24 | $37.0M | $11.9M |
| Q4 25 | — | $5.8M | ||
| Q3 25 | — | $12.0M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | — | $-1.2M | ||
| Q4 24 | — | $-17.7M | ||
| Q3 24 | — | $-6.7M | ||
| Q2 24 | — | $21.0M | ||
| Q1 24 | — | $-1.9M |
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | 17.4% | ||
| Q2 25 | — | 14.3% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | -30.8% | ||
| Q3 24 | — | -15.2% | ||
| Q2 24 | — | 31.4% | ||
| Q1 24 | — | -3.9% |
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | 17.1% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 23.6% | ||
| Q3 24 | — | 21.4% | ||
| Q2 24 | — | 9.9% | ||
| Q1 24 | — | 28.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.37× | ||
| Q2 25 | — | 2.47× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.43× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JBGS
Segment breakdown not available.
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
