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Side-by-side financial comparison of LEE ENTERPRISES, Inc (LEE) and W&T OFFSHORE INC (WTI). Click either name above to swap in a different company.

LEE ENTERPRISES, Inc is the larger business by last-quarter revenue ($130.1M vs $121.7M, roughly 1.1× W&T OFFSHORE INC). LEE ENTERPRISES, Inc runs the higher net margin — -4.3% vs -22.3%, a 18.0% gap on every dollar of revenue. On growth, W&T OFFSHORE INC posted the faster year-over-year revenue change (1.1% vs -10.0%). Over the past eight quarters, LEE ENTERPRISES, Inc's revenue compounded faster (-5.8% CAGR vs -7.0%).

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.

Edison Chouest Offshore (ECO), which started as Edison Chouest Boat Rentals in 1960, is a family of companies in the marine transportation business based in Cut Off, Louisiana. ECO owns and operates a fleet of platform supply vessels, Subsea Construction / IMR vessels, a Riserless Light Well Intervention vessel, Anchor handling tug supply vessels, Oil Spill Response Vessels, and Well Stimulation Vessels, as well as an independently owned fleet of Research Vessels and Ice Breakers.

LEE vs WTI — Head-to-Head

Bigger by revenue
LEE
LEE
1.1× larger
LEE
$130.1M
$121.7M
WTI
Growing faster (revenue YoY)
WTI
WTI
+11.2% gap
WTI
1.1%
-10.0%
LEE
Higher net margin
LEE
LEE
18.0% more per $
LEE
-4.3%
-22.3%
WTI
Faster 2-yr revenue CAGR
LEE
LEE
Annualised
LEE
-5.8%
-7.0%
WTI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LEE
LEE
WTI
WTI
Revenue
$130.1M
$121.7M
Net Profit
$-5.6M
$-27.1M
Gross Margin
Operating Margin
4.0%
-15.7%
Net Margin
-4.3%
-22.3%
Revenue YoY
-10.0%
1.1%
Net Profit YoY
66.5%
-16.1%
EPS (diluted)
$-0.92
$-0.18

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
WTI
WTI
Q4 25
$130.1M
$121.7M
Q3 25
$139.1M
$127.5M
Q2 25
$141.3M
$122.4M
Q1 25
$137.4M
$129.9M
Q4 24
$144.6M
$120.3M
Q3 24
$158.6M
$121.4M
Q2 24
$150.6M
$142.8M
Q1 24
$146.6M
$140.8M
Net Profit
LEE
LEE
WTI
WTI
Q4 25
$-5.6M
$-27.1M
Q3 25
$-6.4M
$-71.5M
Q2 25
$-1.9M
$-20.9M
Q1 25
$-12.5M
$-30.6M
Q4 24
$-16.7M
$-23.4M
Q3 24
$-10.1M
$-36.9M
Q2 24
$-4.3M
$-15.4M
Q1 24
$-12.2M
$-11.5M
Operating Margin
LEE
LEE
WTI
WTI
Q4 25
4.0%
-15.7%
Q3 25
-1.0%
-9.9%
Q2 25
3.3%
-10.5%
Q1 25
-3.3%
-6.3%
Q4 24
-2.3%
-14.1%
Q3 24
-2.3%
-15.6%
Q2 24
3.3%
-4.4%
Q1 24
-3.1%
-0.0%
Net Margin
LEE
LEE
WTI
WTI
Q4 25
-4.3%
-22.3%
Q3 25
-4.6%
-56.1%
Q2 25
-1.4%
-17.1%
Q1 25
-9.1%
-23.5%
Q4 24
-11.6%
-19.4%
Q3 24
-6.4%
-30.4%
Q2 24
-2.8%
-10.8%
Q1 24
-8.3%
-8.1%
EPS (diluted)
LEE
LEE
WTI
WTI
Q4 25
$-0.92
$-0.18
Q3 25
$-1.02
$-0.48
Q2 25
$-0.31
$-0.14
Q1 25
$-2.07
$-0.21
Q4 24
$-2.80
$-0.16
Q3 24
$-1.68
$-0.25
Q2 24
$-0.73
$-0.10
Q1 24
$-2.06
$-0.08

Balance Sheet & Financial Strength

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

Metric
LEE
LEE
WTI
WTI
Cash + ST InvestmentsLiquidity on hand
$12.6M
$140.6M
Total DebtLower is stronger
$350.8M
Stockholders' EquityBook value
$-48.7M
$-199.8M
Total Assets
$592.6M
$955.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEE
LEE
WTI
WTI
Q4 25
$12.6M
$140.6M
Q3 25
$10.0M
$124.8M
Q2 25
$14.1M
$120.7M
Q1 25
$4.7M
$105.9M
Q4 24
$6.1M
$109.0M
Q3 24
$9.6M
$126.5M
Q2 24
$13.4M
$123.4M
Q1 24
$16.1M
$94.8M
Total Debt
LEE
LEE
WTI
WTI
Q4 25
$350.8M
Q3 25
$350.4M
Q2 25
$350.1M
Q1 25
$350.0M
Q4 24
$393.2M
Q3 24
$392.6M
Q2 24
$391.9M
Q1 24
$391.2M
Stockholders' Equity
LEE
LEE
WTI
WTI
Q4 25
$-48.7M
$-199.8M
Q3 25
$-43.3M
$-172.5M
Q2 25
$-40.5M
$-102.7M
Q1 25
$-38.9M
$-82.8M
Q4 24
$-26.7M
$-52.6M
Q3 24
$-9.9M
$-31.5M
Q2 24
$4.0M
$5.0M
Q1 24
$7.9M
$20.8M
Total Assets
LEE
LEE
WTI
WTI
Q4 25
$592.6M
$955.8M
Q3 25
$601.7M
$960.6M
Q2 25
$622.7M
$1.0B
Q1 25
$623.9M
$1.0B
Q4 24
$633.0M
$1.1B
Q3 24
$649.2M
$1.1B
Q2 24
$677.5M
$1.1B
Q1 24
$684.8M
$1.1B
Debt / Equity
LEE
LEE
WTI
WTI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
78.30×
Q1 24
18.85×

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
WTI
WTI
Operating Cash FlowLast quarter
$4.5M
$25.9M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEE
LEE
WTI
WTI
Q4 25
$4.5M
$25.9M
Q3 25
$-6.3M
$26.5M
Q2 25
$8.9M
$28.0M
Q1 25
$-790.0K
$-3.2M
Q4 24
$-7.3M
$-4.3M
Q3 24
$-261.0K
$14.8M
Q2 24
$-1.9M
$37.4M
Q1 24
$3.2M
$11.6M
Free Cash Flow
LEE
LEE
WTI
WTI
Q4 25
$3.7M
Q3 25
$-8.3M
Q2 25
$8.3M
Q1 25
$-2.2M
Q4 24
$-8.9M
Q3 24
$-2.9M
Q2 24
$-5.5M
Q1 24
$1.3M
FCF Margin
LEE
LEE
WTI
WTI
Q4 25
2.9%
Q3 25
-6.0%
Q2 25
5.9%
Q1 25
-1.6%
Q4 24
-6.1%
Q3 24
-1.8%
Q2 24
-3.6%
Q1 24
0.9%
Capex Intensity
LEE
LEE
WTI
WTI
Q4 25
0.6%
Q3 25
1.4%
Q2 25
0.4%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
1.3%

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%

WTI
WTI

Oil And Condensate$76.0M62%
Natural Gas Production$36.6M30%
Natural Gas Liquids Reserves$6.9M6%
Other$2.2M2%

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