vs
Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $50.1M, roughly 1.8× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 18.3%, a 13.8% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $-13.4M).
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.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
LPA vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $88.4M |
| Net Profit | $16.1M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | 81.7% | 7.5% |
| Net Margin | 32.1% | 18.3% |
| Revenue YoY | — | 18.7% |
| Net Profit YoY | — | 401.5% |
| EPS (diluted) | $0.33 | $0.08 |
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 | $88.4M | ||
| Q3 25 | $32.7M | $77.9M | ||
| Q2 25 | $21.5M | $77.4M | ||
| Q1 25 | $10.5M | $83.0M | ||
| Q4 24 | — | $74.5M | ||
| Q3 24 | $19.2M | $82.6M | ||
| Q2 24 | — | $69.8M | ||
| Q1 24 | $9.2M | $64.0M |
| Q4 25 | $16.1M | $16.2M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $-5.4M | ||
| Q3 24 | — | $17.1M | ||
| Q2 24 | — | $1.9M | ||
| Q1 24 | — | $677.0K |
| Q4 25 | 81.7% | 7.5% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | -1.1% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 8.1% | ||
| Q1 24 | — | 5.6% |
| Q4 25 | 32.1% | 18.3% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | -7.2% | ||
| Q3 24 | — | 20.7% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | $0.33 | $0.08 | ||
| Q3 25 | $0.09 | $0.05 | ||
| Q2 25 | $-0.06 | $0.03 | ||
| Q1 25 | — | $-0.01 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | $-1.26 | $0.09 | ||
| Q2 24 | — | $-0.01 | ||
| Q1 24 | — | $-0.01 |
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 | $24.4M |
| Total DebtLower is stronger | $296.8M | $361.3M |
| Stockholders' EquityBook value | $324.6M | $-12.9M |
| Total Assets | $700.8M | $959.5M |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $24.4M | ||
| Q3 25 | — | $29.9M | ||
| Q2 25 | — | $29.3M | ||
| Q1 25 | — | $40.1M | ||
| Q4 24 | — | $24.3M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $27.6M | ||
| Q1 24 | $1.1M | $34.2M |
| Q4 25 | $296.8M | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $208.7M |
| Q4 25 | $324.6M | $-12.9M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $-25.0M | ||
| Q1 25 | — | $57.1M | ||
| Q4 24 | — | $-148.4M | ||
| Q3 24 | — | $-180.1M | ||
| Q2 24 | — | $-273.0M | ||
| Q1 24 | — | $-382.4M |
| Q4 25 | $700.8M | $959.5M | ||
| Q3 25 | — | $916.7M | ||
| Q2 25 | — | $905.5M | ||
| Q1 25 | — | $884.9M | ||
| Q4 24 | — | $881.1M | ||
| Q3 24 | — | $831.1M | ||
| Q2 24 | — | $782.3M | ||
| Q1 24 | — | $750.5M |
| Q4 25 | 0.91× | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| 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 | $-3.5M |
| Free Cash FlowOCF − Capex | $21.4M | $-13.4M |
| FCF MarginFCF / Revenue | 42.7% | -15.1% |
| Capex IntensityCapex / Revenue | 0.3% | 11.1% |
| Cash ConversionOCF / Net Profit | 1.34× | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $12.0M | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $-3.5M | ||
| Q3 25 | $14.4M | $18.2M | ||
| Q2 25 | $7.2M | $-7.9M | ||
| Q1 25 | $4.4M | $29.7M | ||
| Q4 24 | — | $-532.0K | ||
| Q3 24 | $8.3M | $17.7M | ||
| Q2 24 | — | $533.0K | ||
| Q1 24 | $4.8M | $13.7M |
| Q4 25 | $21.4M | $-13.4M | ||
| Q3 25 | $-7.3M | $-9.3M | ||
| Q2 25 | $-3.1M | $-29.7M | ||
| Q1 25 | $966.4K | $18.1M | ||
| Q4 24 | — | $-55.0M | ||
| Q3 24 | $-2.4M | $-5.4M | ||
| Q2 24 | — | $-22.5M | ||
| Q1 24 | $218.9K | $-13.0M |
| Q4 25 | 42.7% | -15.1% | ||
| Q3 25 | -22.2% | -11.9% | ||
| Q2 25 | -14.4% | -38.4% | ||
| Q1 25 | 9.2% | 21.8% | ||
| Q4 24 | — | -73.8% | ||
| Q3 24 | -12.3% | -6.5% | ||
| Q2 24 | — | -32.2% | ||
| Q1 24 | 2.4% | -20.4% |
| Q4 25 | 0.3% | 11.1% | ||
| Q3 25 | 66.1% | 35.3% | ||
| Q2 25 | 47.9% | 28.2% | ||
| Q1 25 | 32.5% | 13.9% | ||
| Q4 24 | — | 73.1% | ||
| Q3 24 | 55.5% | 27.9% | ||
| Q2 24 | — | 32.9% | ||
| Q1 24 | 50.0% | 41.8% |
| Q4 25 | 1.34× | -0.22× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | — | -1.04× | ||
| Q1 25 | — | 23.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 0.28× | ||
| Q1 24 | — | 20.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPA
Segment breakdown not available.
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
