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Side-by-side financial comparison of Limoneira CO (LMNR) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

Prairie Operating Co. is the larger business by last-quarter revenue ($77.7M vs $41.3M, roughly 1.9× Limoneira CO). Prairie Operating Co. runs the higher net margin — 1.7% vs -21.0%, a 22.7% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 3.8%).

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

LMNR vs PROP — Head-to-Head

Bigger by revenue
PROP
PROP
1.9× larger
PROP
$77.7M
$41.3M
LMNR
Higher net margin
PROP
PROP
22.7% more per $
PROP
1.7%
-21.0%
LMNR
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
3.8%
LMNR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LMNR
LMNR
PROP
PROP
Revenue
$41.3M
$77.7M
Net Profit
$-8.7M
$1.3M
Gross Margin
-15.1%
Operating Margin
-26.8%
34.8%
Net Margin
-21.0%
1.7%
Revenue YoY
-2.8%
Net Profit YoY
-367.5%
111.3%
EPS (diluted)
$-0.49
$-0.44

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
LMNR
LMNR
PROP
PROP
Q4 25
$41.3M
Q3 25
$45.9M
$77.7M
Q2 25
$33.6M
$68.1M
Q1 25
$32.9M
$13.6M
Q4 24
$42.5M
Q3 24
$61.8M
$0
Q2 24
$43.3M
Q1 24
$38.3M
Net Profit
LMNR
LMNR
PROP
PROP
Q4 25
$-8.7M
Q3 25
$-855.0K
$1.3M
Q2 25
$-3.4M
$35.7M
Q1 25
$-3.1M
$-2.6M
Q4 24
$-1.9M
Q3 24
$6.6M
$-11.4M
Q2 24
$6.6M
Q1 24
$-3.6M
Gross Margin
LMNR
LMNR
PROP
PROP
Q4 25
-15.1%
Q3 25
8.5%
Q2 25
5.6%
Q1 25
-2.0%
Q4 24
6.3%
Q3 24
26.5%
Q2 24
6.5%
Q1 24
-2.0%
Operating Margin
LMNR
LMNR
PROP
PROP
Q4 25
-26.8%
Q3 25
-1.4%
34.8%
Q2 25
-10.0%
27.8%
Q1 25
-16.3%
12.9%
Q4 24
-6.5%
Q3 24
14.5%
Q2 24
-10.8%
Q1 24
-20.2%
Net Margin
LMNR
LMNR
PROP
PROP
Q4 25
-21.0%
Q3 25
-1.9%
1.7%
Q2 25
-10.0%
52.4%
Q1 25
-9.4%
-19.3%
Q4 24
-4.4%
Q3 24
10.7%
Q2 24
15.2%
Q1 24
-9.4%
EPS (diluted)
LMNR
LMNR
PROP
PROP
Q4 25
$-0.49
Q3 25
$-0.06
$-0.44
Q2 25
$-0.20
$0.18
Q1 25
$-0.18
$-3.49
Q4 24
$-0.09
Q3 24
$0.35
$-0.68
Q2 24
$0.35
Q1 24
$-0.21

Balance Sheet & Financial Strength

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

Metric
LMNR
LMNR
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$10.6M
Total DebtLower is stronger
$72.5M
Stockholders' EquityBook value
$180.0M
$101.8M
Total Assets
$311.1M
$939.8M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMNR
LMNR
PROP
PROP
Q4 25
Q3 25
$10.6M
Q2 25
$10.7M
Q1 25
$15.0M
Q4 24
Q3 24
$40.1M
Q2 24
Q1 24
Total Debt
LMNR
LMNR
PROP
PROP
Q4 25
$72.5M
Q3 25
$63.4M
Q2 25
$55.0M
$387.0M
Q1 25
$58.0M
$377.0M
Q4 24
$40.6M
Q3 24
$40.6M
Q2 24
$60.1M
Q1 24
$52.1M
Stockholders' Equity
LMNR
LMNR
PROP
PROP
Q4 25
$180.0M
Q3 25
$180.3M
$101.8M
Q2 25
$182.7M
$94.2M
Q1 25
$186.5M
$34.0M
Q4 24
$191.7M
Q3 24
$194.9M
$61.3M
Q2 24
$189.0M
Q1 24
$184.2M
Total Assets
LMNR
LMNR
PROP
PROP
Q4 25
$311.1M
Q3 25
$299.9M
$939.8M
Q2 25
$296.6M
$858.5M
Q1 25
$301.4M
$775.4M
Q4 24
$298.8M
Q3 24
$307.3M
$107.2M
Q2 24
$322.2M
Q1 24
$299.6M
Debt / Equity
LMNR
LMNR
PROP
PROP
Q4 25
0.40×
Q3 25
0.35×
Q2 25
0.30×
4.11×
Q1 25
0.31×
11.07×
Q4 24
0.21×
Q3 24
0.21×
Q2 24
0.32×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
LMNR
LMNR
PROP
PROP
Operating Cash FlowLast quarter
$942.0K
$57.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMNR
LMNR
PROP
PROP
Q4 25
$942.0K
Q3 25
$-3.0M
$57.7M
Q2 25
$8.9M
$-7.2M
Q1 25
$-12.9M
$16.9M
Q4 24
$6.6M
Q3 24
$24.6M
$2.8M
Q2 24
$-3.0M
Q1 24
$-10.3M
Cash Conversion
LMNR
LMNR
PROP
PROP
Q4 25
Q3 25
44.80×
Q2 25
-0.20×
Q1 25
Q4 24
Q3 24
3.73×
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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