vs
Side-by-side financial comparison of JBG SMITH Properties (JBGS) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $127.6M, roughly 1.7× JBG SMITH Properties). Vital Farms, Inc. runs the higher net margin — 7.6% vs -35.7%, a 43.3% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs -2.5%). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% CAGR vs -6.3%).
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
JBGS vs VITL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $127.6M | $213.6M |
| Net Profit | $-45.5M | $16.3M |
| Gross Margin | — | 35.8% |
| Operating Margin | -47.5% | 10.0% |
| Net Margin | -35.7% | 7.6% |
| Revenue YoY | -2.5% | 28.7% |
| Net Profit YoY | 24.0% | 54.3% |
| EPS (diluted) | $-0.76 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $123.9M | $198.9M | ||
| Q2 25 | $126.5M | $184.8M | ||
| Q1 25 | $120.7M | $162.2M | ||
| Q4 24 | $130.8M | $166.0M | ||
| Q3 24 | $136.0M | $145.0M | ||
| Q2 24 | $135.3M | $147.4M | ||
| Q1 24 | $145.2M | $147.9M |
| Q4 25 | $-45.5M | $16.3M | ||
| Q3 25 | $-28.6M | $16.4M | ||
| Q2 25 | $-19.2M | $16.6M | ||
| Q1 25 | $-45.7M | $16.9M | ||
| Q4 24 | $-59.9M | $10.6M | ||
| Q3 24 | $-27.0M | $7.4M | ||
| Q2 24 | $-24.4M | $16.3M | ||
| Q1 24 | $-32.3M | $19.0M |
| Q4 25 | — | 35.8% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | — | 38.9% | ||
| Q1 25 | — | 38.5% | ||
| Q4 24 | — | 36.1% | ||
| Q3 24 | — | 36.9% | ||
| Q2 24 | — | 39.1% | ||
| Q1 24 | — | 39.8% |
| Q4 25 | -47.5% | 10.0% | ||
| Q3 25 | -27.5% | 10.8% | ||
| Q2 25 | -18.4% | 12.9% | ||
| Q1 25 | -44.7% | 13.4% | ||
| Q4 24 | -53.6% | 7.8% | ||
| Q3 24 | -22.4% | 6.4% | ||
| Q2 24 | -24.3% | 11.6% | ||
| Q1 24 | -30.1% | 16.3% |
| Q4 25 | -35.7% | 7.6% | ||
| Q3 25 | -23.1% | 8.3% | ||
| Q2 25 | -15.2% | 9.0% | ||
| Q1 25 | -37.9% | 10.4% | ||
| Q4 24 | -45.8% | 6.4% | ||
| Q3 24 | -19.8% | 5.1% | ||
| Q2 24 | -18.0% | 11.1% | ||
| Q1 24 | -22.2% | 12.9% |
| Q4 25 | $-0.76 | $0.35 | ||
| Q3 25 | $-0.48 | $0.36 | ||
| Q2 25 | $-0.29 | $0.36 | ||
| Q1 25 | $-0.56 | $0.37 | ||
| Q4 24 | $-0.70 | $0.23 | ||
| Q3 24 | $-0.32 | $0.16 | ||
| Q2 24 | $-0.27 | $0.36 | ||
| Q1 24 | $-0.36 | $0.43 |
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 | $48.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.2B | $351.3M |
| Total Assets | $4.4B | $518.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.3M | $48.8M | ||
| Q3 25 | $64.4M | $93.8M | ||
| Q2 25 | $61.4M | $108.2M | ||
| Q1 25 | $81.3M | $156.3M | ||
| Q4 24 | $145.8M | $150.6M | ||
| Q3 24 | $137.0M | $149.5M | ||
| Q2 24 | $163.5M | $133.2M | ||
| Q1 24 | $220.5M | $113.8M |
| Q4 25 | $1.2B | $351.3M | ||
| Q3 25 | $1.2B | $331.2M | ||
| Q2 25 | $1.3B | $309.8M | ||
| Q1 25 | $1.6B | $288.9M | ||
| Q4 24 | $1.8B | $269.3M | ||
| Q3 24 | $1.9B | $253.4M | ||
| Q2 24 | $2.0B | $238.4M | ||
| Q1 24 | $2.1B | $213.3M |
| Q4 25 | $4.4B | $518.7M | ||
| Q3 25 | $4.4B | $481.5M | ||
| Q2 25 | $4.5B | $430.8M | ||
| Q1 25 | $4.7B | $376.9M | ||
| Q4 24 | $5.0B | $359.3M | ||
| Q3 24 | $5.2B | $344.7M | ||
| Q2 24 | $5.3B | $320.5M | ||
| Q1 24 | $5.4B | $300.2M |
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 | $5.8M |
| Free Cash FlowOCF − Capex | — | $-32.1M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | — | 17.8% |
| Cash ConversionOCF / Net Profit | — | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.3M | $5.8M | ||
| Q3 25 | $8.9M | $23.4M | ||
| Q2 25 | $18.8M | $-761.0K | ||
| Q1 25 | $12.9M | $5.3M | ||
| Q4 24 | $129.4M | $14.8M | ||
| Q3 24 | $26.4M | $10.0M | ||
| Q2 24 | $23.8M | $16.1M | ||
| Q1 24 | $37.0M | $23.9M |
| Q4 25 | — | $-32.1M | ||
| Q3 25 | — | $-10.6M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $2.1M | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $6.4M | ||
| Q2 24 | — | $10.5M | ||
| Q1 24 | — | $22.6M |
| Q4 25 | — | -15.1% | ||
| Q3 25 | — | -5.3% | ||
| Q2 25 | — | -4.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 7.2% | ||
| Q1 24 | — | 15.3% |
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 17.1% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | -0.05× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JBGS
Segment breakdown not available.
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
