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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and NATIONAL RESEARCH CORP (NRC). Click either name above to swap in a different company.

Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $35.2M, roughly 1.4× NATIONAL RESEARCH CORP). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 5.1%, a 27.0% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $6.1M).

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.

National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.

LPA vs NRC — Head-to-Head

Bigger by revenue
LPA
LPA
1.4× larger
LPA
$50.1M
$35.2M
NRC
Higher net margin
LPA
LPA
27.0% more per $
LPA
32.1%
5.1%
NRC
More free cash flow
LPA
LPA
$15.4M more FCF
LPA
$21.4M
$6.1M
NRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPA
LPA
NRC
NRC
Revenue
$50.1M
$35.2M
Net Profit
$16.1M
$1.8M
Gross Margin
Operating Margin
81.7%
13.3%
Net Margin
32.1%
5.1%
Revenue YoY
-4.6%
Net Profit YoY
-72.6%
EPS (diluted)
$0.33
$49.58

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
LPA
LPA
NRC
NRC
Q4 25
$50.1M
$35.2M
Q3 25
$32.7M
$34.6M
Q2 25
$21.5M
$34.0M
Q1 25
$10.5M
$33.6M
Q4 24
$36.9M
Q3 24
$19.2M
$35.8M
Q2 24
$35.0M
Q1 24
$9.2M
$35.3M
Net Profit
LPA
LPA
NRC
NRC
Q4 25
$16.1M
$1.8M
Q3 25
$4.1M
Q2 25
$-106.0K
Q1 25
$5.8M
Q4 24
$6.6M
Q3 24
$5.7M
Q2 24
$6.2M
Q1 24
$6.4M
Operating Margin
LPA
LPA
NRC
NRC
Q4 25
81.7%
13.3%
Q3 25
22.4%
Q2 25
4.7%
Q1 25
25.6%
Q4 24
26.0%
Q3 24
22.3%
Q2 24
25.3%
Q1 24
24.8%
Net Margin
LPA
LPA
NRC
NRC
Q4 25
32.1%
5.1%
Q3 25
11.9%
Q2 25
-0.3%
Q1 25
17.2%
Q4 24
17.8%
Q3 24
15.9%
Q2 24
17.6%
Q1 24
18.0%
EPS (diluted)
LPA
LPA
NRC
NRC
Q4 25
$0.33
$49.58
Q3 25
$0.09
$0.18
Q2 25
$-0.06
$-0.01
Q1 25
$0.25
Q4 24
$0.27
Q3 24
$-1.26
$0.24
Q2 24
$0.26
Q1 24
$0.27

Balance Sheet & Financial Strength

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

Metric
LPA
LPA
NRC
NRC
Cash + ST InvestmentsLiquidity on hand
$27.3M
$4.1M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$14.0M
Total Assets
$700.8M
$134.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
NRC
NRC
Q4 25
$27.3M
$4.1M
Q3 25
$2.2M
Q2 25
$5.3M
Q1 25
$2.5M
Q4 24
$4.2M
Q3 24
$3.5M
Q2 24
$485.0K
Q1 24
$1.1M
$1.7M
Total Debt
LPA
LPA
NRC
NRC
Q4 25
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$48.7M
Q2 24
$33.3M
Q1 24
$35.2M
Stockholders' Equity
LPA
LPA
NRC
NRC
Q4 25
$324.6M
$14.0M
Q3 25
$14.3M
Q2 25
$21.3M
Q1 25
$29.7M
Q4 24
$31.3M
Q3 24
$34.6M
Q2 24
$40.2M
Q1 24
$36.9M
Total Assets
LPA
LPA
NRC
NRC
Q4 25
$700.8M
$134.9M
Q3 25
$135.7M
Q2 25
$141.4M
Q1 25
$135.2M
Q4 24
$132.5M
Q3 24
$131.8M
Q2 24
$119.1M
Q1 24
$120.9M
Debt / Equity
LPA
LPA
NRC
NRC
Q4 25
0.91×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.41×
Q2 24
0.83×
Q1 24
0.95×

Cash Flow & Capital Efficiency

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

Metric
LPA
LPA
NRC
NRC
Operating Cash FlowLast quarter
$21.6M
$7.2M
Free Cash FlowOCF − Capex
$21.4M
$6.1M
FCF MarginFCF / Revenue
42.7%
17.2%
Capex IntensityCapex / Revenue
0.3%
3.2%
Cash ConversionOCF / Net Profit
1.34×
3.99×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$15.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
NRC
NRC
Q4 25
$21.6M
$7.2M
Q3 25
$14.4M
$13.8M
Q2 25
$7.2M
$-1.1M
Q1 25
$4.4M
$6.6M
Q4 24
$6.4M
Q3 24
$8.3M
$9.4M
Q2 24
$6.8M
Q1 24
$4.8M
$12.0M
Free Cash Flow
LPA
LPA
NRC
NRC
Q4 25
$21.4M
$6.1M
Q3 25
$-7.3M
$10.2M
Q2 25
$-3.1M
$-4.1M
Q1 25
$966.4K
$3.7M
Q4 24
$1.9M
Q3 24
$-2.4M
$7.8M
Q2 24
$1.5M
Q1 24
$218.9K
$7.9M
FCF Margin
LPA
LPA
NRC
NRC
Q4 25
42.7%
17.2%
Q3 25
-22.2%
29.4%
Q2 25
-14.4%
-12.2%
Q1 25
9.2%
10.9%
Q4 24
5.2%
Q3 24
-12.3%
21.8%
Q2 24
4.3%
Q1 24
2.4%
22.4%
Capex Intensity
LPA
LPA
NRC
NRC
Q4 25
0.3%
3.2%
Q3 25
66.1%
10.4%
Q2 25
47.9%
8.8%
Q1 25
32.5%
8.9%
Q4 24
12.0%
Q3 24
55.5%
4.5%
Q2 24
15.0%
Q1 24
50.0%
11.7%
Cash Conversion
LPA
LPA
NRC
NRC
Q4 25
1.34×
3.99×
Q3 25
3.34×
Q2 25
Q1 25
1.15×
Q4 24
0.97×
Q3 24
1.66×
Q2 24
1.10×
Q1 24
1.89×

Financial Flow Comparison

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

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