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Side-by-side financial comparison of LEE ENTERPRISES, Inc (LEE) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $130.1M, roughly 1.3× LEE ENTERPRISES, Inc). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -4.3%, a 29.7% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -10.0%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $3.7M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -5.8%).

Lee Enterprises, Inc. is a publicly traded American media company. It publishes 72 daily newspapers in 25 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

LEE vs PRK — Head-to-Head

Bigger by revenue
PRK
PRK
1.3× larger
PRK
$168.3M
$130.1M
LEE
Growing faster (revenue YoY)
PRK
PRK
+12.2% gap
PRK
2.2%
-10.0%
LEE
Higher net margin
PRK
PRK
29.7% more per $
PRK
25.3%
-4.3%
LEE
More free cash flow
PRK
PRK
$188.2M more FCF
PRK
$191.9M
$3.7M
LEE
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-5.8%
LEE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LEE
LEE
PRK
PRK
Revenue
$130.1M
$168.3M
Net Profit
$-5.6M
$42.6M
Gross Margin
Operating Margin
4.0%
Net Margin
-4.3%
25.3%
Revenue YoY
-10.0%
2.2%
Net Profit YoY
66.5%
10.4%
EPS (diluted)
$-0.92
$2.62

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
LEE
LEE
PRK
PRK
Q4 25
$130.1M
$168.3M
Q3 25
$139.1M
$169.5M
Q2 25
$141.3M
$168.7M
Q1 25
$137.4M
$157.9M
Q4 24
$144.6M
$164.7M
Q3 24
$158.6M
$170.3M
Q2 24
$150.6M
$157.7M
Q1 24
$146.6M
$152.8M
Net Profit
LEE
LEE
PRK
PRK
Q4 25
$-5.6M
$42.6M
Q3 25
$-6.4M
$47.2M
Q2 25
$-1.9M
$48.1M
Q1 25
$-12.5M
$42.2M
Q4 24
$-16.7M
$38.6M
Q3 24
$-10.1M
$38.2M
Q2 24
$-4.3M
$39.4M
Q1 24
$-12.2M
$35.2M
Operating Margin
LEE
LEE
PRK
PRK
Q4 25
4.0%
Q3 25
-1.0%
34.3%
Q2 25
3.3%
35.2%
Q1 25
-3.3%
32.4%
Q4 24
-2.3%
Q3 24
-2.3%
27.4%
Q2 24
3.3%
30.6%
Q1 24
-3.1%
27.8%
Net Margin
LEE
LEE
PRK
PRK
Q4 25
-4.3%
25.3%
Q3 25
-4.6%
27.8%
Q2 25
-1.4%
28.5%
Q1 25
-9.1%
26.7%
Q4 24
-11.6%
23.5%
Q3 24
-6.4%
22.4%
Q2 24
-2.8%
25.0%
Q1 24
-8.3%
23.0%
EPS (diluted)
LEE
LEE
PRK
PRK
Q4 25
$-0.92
$2.62
Q3 25
$-1.02
$2.92
Q2 25
$-0.31
$2.97
Q1 25
$-2.07
$2.60
Q4 24
$-2.80
$2.38
Q3 24
$-1.68
$2.35
Q2 24
$-0.73
$2.42
Q1 24
$-2.06
$2.17

Balance Sheet & Financial Strength

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

Metric
LEE
LEE
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$12.6M
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-48.7M
$1.4B
Total Assets
$592.6M
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEE
LEE
PRK
PRK
Q4 25
$12.6M
$233.5M
Q3 25
$10.0M
$218.9M
Q2 25
$14.1M
$193.1M
Q1 25
$4.7M
$237.6M
Q4 24
$6.1M
$160.6M
Q3 24
$9.6M
$201.7M
Q2 24
$13.4M
$261.5M
Q1 24
$16.1M
$306.1M
Stockholders' Equity
LEE
LEE
PRK
PRK
Q4 25
$-48.7M
$1.4B
Q3 25
$-43.3M
$1.3B
Q2 25
$-40.5M
$1.3B
Q1 25
$-38.9M
$1.3B
Q4 24
$-26.7M
$1.2B
Q3 24
$-9.9M
$1.2B
Q2 24
$4.0M
$1.2B
Q1 24
$7.9M
$1.2B
Total Assets
LEE
LEE
PRK
PRK
Q4 25
$592.6M
$9.8B
Q3 25
$601.7M
$9.9B
Q2 25
$622.7M
$9.9B
Q1 25
$623.9M
$9.9B
Q4 24
$633.0M
$9.8B
Q3 24
$649.2M
$9.9B
Q2 24
$677.5M
$9.9B
Q1 24
$684.8M
$9.9B

Cash Flow & Capital Efficiency

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

Metric
LEE
LEE
PRK
PRK
Operating Cash FlowLast quarter
$4.5M
$198.3M
Free Cash FlowOCF − Capex
$3.7M
$191.9M
FCF MarginFCF / Revenue
2.9%
114.1%
Capex IntensityCapex / Revenue
0.6%
3.8%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$1.5M
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEE
LEE
PRK
PRK
Q4 25
$4.5M
$198.3M
Q3 25
$-6.3M
$52.6M
Q2 25
$8.9M
$49.7M
Q1 25
$-790.0K
$37.9M
Q4 24
$-7.3M
$178.8M
Q3 24
$-261.0K
$43.8M
Q2 24
$-1.9M
$50.9M
Q1 24
$3.2M
$35.0M
Free Cash Flow
LEE
LEE
PRK
PRK
Q4 25
$3.7M
$191.9M
Q3 25
$-8.3M
$51.1M
Q2 25
$8.3M
$48.4M
Q1 25
$-2.2M
$36.8M
Q4 24
$-8.9M
$169.7M
Q3 24
$-2.9M
$41.7M
Q2 24
$-5.5M
$49.0M
Q1 24
$1.3M
$31.9M
FCF Margin
LEE
LEE
PRK
PRK
Q4 25
2.9%
114.1%
Q3 25
-6.0%
30.1%
Q2 25
5.9%
28.7%
Q1 25
-1.6%
23.3%
Q4 24
-6.1%
103.0%
Q3 24
-1.8%
24.5%
Q2 24
-3.6%
31.1%
Q1 24
0.9%
20.8%
Capex Intensity
LEE
LEE
PRK
PRK
Q4 25
0.6%
3.8%
Q3 25
1.4%
0.9%
Q2 25
0.4%
0.8%
Q1 25
1.0%
0.7%
Q4 24
1.1%
5.6%
Q3 24
1.7%
1.2%
Q2 24
2.4%
1.2%
Q1 24
1.3%
2.1%
Cash Conversion
LEE
LEE
PRK
PRK
Q4 25
4.65×
Q3 25
1.11×
Q2 25
1.03×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
1.29×
Q1 24
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEE
LEE

Advertising And Marketing Services$60.0M46%
Subscription And Circulation$57.7M44%
Other$12.4M10%

PRK
PRK

Segment breakdown not available.

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