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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and MFA FINANCIAL, INC. (MFA). Click either name above to swap in a different company.
MFA FINANCIAL, INC. is the larger business by last-quarter revenue ($55.5M vs $50.1M, roughly 1.1× Logistic Properties of the Americas).
Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.
MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.
LPA vs MFA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $55.5M |
| Net Profit | $16.1M | — |
| Gross Margin | — | — |
| Operating Margin | 81.7% | 97.9% |
| Net Margin | 32.1% | — |
| Revenue YoY | — | 9.2% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.33 | $0.43 |
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 | $50.1M | $55.5M | ||
| Q3 25 | $32.7M | $56.8M | ||
| Q2 25 | $21.5M | $61.3M | ||
| Q1 25 | $10.5M | $57.5M | ||
| Q4 24 | — | $50.8M | ||
| Q3 24 | $19.2M | $50.6M | ||
| Q2 24 | — | $53.5M | ||
| Q1 24 | $9.2M | $47.8M |
| Q4 25 | $16.1M | — | ||
| Q3 25 | — | $48.1M | ||
| Q2 25 | — | $33.2M | ||
| Q1 25 | — | $41.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $48.2M | ||
| Q2 24 | — | $41.9M | ||
| Q1 24 | — | $23.2M |
| Q4 25 | 81.7% | 97.9% | ||
| Q3 25 | — | 84.5% | ||
| Q2 25 | — | 54.5% | ||
| Q1 25 | — | 70.0% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 98.2% | ||
| Q2 24 | — | 79.1% | ||
| Q1 24 | — | 50.7% |
| Q4 25 | 32.1% | — | ||
| Q3 25 | — | 84.7% | ||
| Q2 25 | — | 54.2% | ||
| Q1 25 | — | 71.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 95.2% | ||
| Q2 24 | — | 78.4% | ||
| Q1 24 | — | 48.5% |
| Q4 25 | $0.33 | $0.43 | ||
| Q3 25 | $0.09 | $0.35 | ||
| Q2 25 | $-0.06 | $0.21 | ||
| Q1 25 | — | $0.31 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | $-1.26 | $0.37 | ||
| Q2 24 | — | $0.32 | ||
| Q1 24 | — | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.3M | $213.2M |
| Total DebtLower is stronger | $296.8M | — |
| Stockholders' EquityBook value | $324.6M | $1.8B |
| Total Assets | $700.8M | $13.0B |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $213.2M | ||
| Q3 25 | — | $305.2M | ||
| Q2 25 | — | $275.7M | ||
| Q1 25 | — | $253.7M | ||
| Q4 24 | — | $338.9M | ||
| Q3 24 | — | $305.6M | ||
| Q2 24 | — | $289.4M | ||
| Q1 24 | $1.1M | $306.3M |
| Q4 25 | $296.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $324.6M | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
| Q4 25 | $700.8M | $13.0B | ||
| Q3 25 | — | $12.1B | ||
| Q2 25 | — | $11.7B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | — | $11.4B | ||
| Q3 24 | — | $11.2B | ||
| Q2 24 | — | $11.1B | ||
| Q1 24 | — | $10.9B |
| Q4 25 | 0.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $21.6M | $76.2M |
| Free Cash FlowOCF − Capex | $21.4M | — |
| FCF MarginFCF / Revenue | 42.7% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $76.2M | ||
| Q3 25 | $14.4M | $14.7M | ||
| Q2 25 | $7.2M | $38.5M | ||
| Q1 25 | $4.4M | $-14.6M | ||
| Q4 24 | — | $200.1M | ||
| Q3 24 | $8.3M | $-11.3M | ||
| Q2 24 | — | $46.5M | ||
| Q1 24 | $4.8M | $53.5M |
| Q4 25 | $21.4M | — | ||
| Q3 25 | $-7.3M | — | ||
| Q2 25 | $-3.1M | — | ||
| Q1 25 | $966.4K | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-2.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $218.9K | — |
| Q4 25 | 42.7% | — | ||
| Q3 25 | -22.2% | — | ||
| Q2 25 | -14.4% | — | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -12.3% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.4% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 66.1% | — | ||
| Q2 25 | 47.9% | — | ||
| Q1 25 | 32.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 55.5% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 50.0% | — |
| Q4 25 | 1.34× | — | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | -0.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.23× | ||
| Q2 24 | — | 1.11× | ||
| Q1 24 | — | 2.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
