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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.

SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $50.1M, roughly 1.8× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -5.9%, a 38.0% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $-78.6M).

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.

Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.

LPA vs SHEN — Head-to-Head

Bigger by revenue
SHEN
SHEN
1.8× larger
SHEN
$91.6M
$50.1M
LPA
Higher net margin
LPA
LPA
38.0% more per $
LPA
32.1%
-5.9%
SHEN
More free cash flow
LPA
LPA
$100.0M more FCF
LPA
$21.4M
$-78.6M
SHEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPA
LPA
SHEN
SHEN
Revenue
$50.1M
$91.6M
Net Profit
$16.1M
$-5.4M
Gross Margin
Operating Margin
81.7%
-1.0%
Net Margin
32.1%
-5.9%
Revenue YoY
7.2%
Net Profit YoY
-95.8%
EPS (diluted)
$0.33
$-0.13

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
SHEN
SHEN
Q4 25
$50.1M
$91.6M
Q3 25
$32.7M
$89.8M
Q2 25
$21.5M
$88.6M
Q1 25
$10.5M
$87.9M
Q4 24
$85.4M
Q3 24
$19.2M
$87.6M
Q2 24
$85.8M
Q1 24
$9.2M
$69.2M
Net Profit
LPA
LPA
SHEN
SHEN
Q4 25
$16.1M
$-5.4M
Q3 25
$-9.4M
Q2 25
$-9.0M
Q1 25
$-9.1M
Q4 24
$-2.7M
Q3 24
$-5.3M
Q2 24
$-12.9M
Q1 24
$214.7M
Operating Margin
LPA
LPA
SHEN
SHEN
Q4 25
81.7%
-1.0%
Q3 25
-8.0%
Q2 25
-10.3%
Q1 25
-6.9%
Q4 24
-6.7%
Q3 24
-4.8%
Q2 24
-18.5%
Q1 24
-4.0%
Net Margin
LPA
LPA
SHEN
SHEN
Q4 25
32.1%
-5.9%
Q3 25
-10.5%
Q2 25
-10.2%
Q1 25
-10.4%
Q4 24
-3.2%
Q3 24
-6.0%
Q2 24
-15.0%
Q1 24
310.0%
EPS (diluted)
LPA
LPA
SHEN
SHEN
Q4 25
$0.33
$-0.13
Q3 25
$0.09
$-0.20
Q2 25
$-0.06
$-0.19
Q1 25
$-0.19
Q4 24
$-0.34
Q3 24
$-1.26
$-0.13
Q2 24
$-0.24
Q1 24
$4.25

Balance Sheet & Financial Strength

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

Metric
LPA
LPA
SHEN
SHEN
Cash + ST InvestmentsLiquidity on hand
$27.3M
$27.3M
Total DebtLower is stronger
$296.8M
$642.4M
Stockholders' EquityBook value
$324.6M
$880.8M
Total Assets
$700.8M
$1.9B
Debt / EquityLower = less leverage
0.91×
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
SHEN
SHEN
Q4 25
$27.3M
$27.3M
Q3 25
$22.6M
Q2 25
$29.1M
Q1 25
$87.5M
Q4 24
$46.3M
Q3 24
$43.1M
Q2 24
$43.8M
Q1 24
$1.1M
$389.7M
Total Debt
LPA
LPA
SHEN
SHEN
Q4 25
$296.8M
$642.4M
Q3 25
$535.4M
Q2 25
$513.1M
Q1 25
$515.8M
Q4 24
$418.0M
Q3 24
$345.2M
Q2 24
$297.4M
Q1 24
$298.7M
Stockholders' Equity
LPA
LPA
SHEN
SHEN
Q4 25
$324.6M
$880.8M
Q3 25
$892.7M
Q2 25
$902.0M
Q1 25
$910.5M
Q4 24
$918.6M
Q3 24
$925.4M
Q2 24
$933.1M
Q1 24
$871.6M
Total Assets
LPA
LPA
SHEN
SHEN
Q4 25
$700.8M
$1.9B
Q3 25
$1.9B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.4B
Debt / Equity
LPA
LPA
SHEN
SHEN
Q4 25
0.91×
0.73×
Q3 25
0.60×
Q2 25
0.57×
Q1 25
0.57×
Q4 24
0.46×
Q3 24
0.37×
Q2 24
0.32×
Q1 24
0.34×

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
SHEN
SHEN
Operating Cash FlowLast quarter
$21.6M
$28.8M
Free Cash FlowOCF − Capex
$21.4M
$-78.6M
FCF MarginFCF / Revenue
42.7%
-85.8%
Capex IntensityCapex / Revenue
0.3%
117.2%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
SHEN
SHEN
Q4 25
$21.6M
$28.8M
Q3 25
$14.4M
$30.7M
Q2 25
$7.2M
$20.9M
Q1 25
$4.4M
$20.5M
Q4 24
$20.6M
Q3 24
$8.3M
$24.3M
Q2 24
$2.5M
Q1 24
$4.8M
$15.2M
Free Cash Flow
LPA
LPA
SHEN
SHEN
Q4 25
$21.4M
$-78.6M
Q3 25
$-7.3M
$-51.4M
Q2 25
$-3.1M
$-65.3M
Q1 25
$966.4K
$-62.7M
Q4 24
$-72.0M
Q3 24
$-2.4M
$-51.3M
Q2 24
$-78.3M
Q1 24
$218.9K
$-54.9M
FCF Margin
LPA
LPA
SHEN
SHEN
Q4 25
42.7%
-85.8%
Q3 25
-22.2%
-57.2%
Q2 25
-14.4%
-73.7%
Q1 25
9.2%
-71.3%
Q4 24
-84.3%
Q3 24
-12.3%
-58.5%
Q2 24
-91.3%
Q1 24
2.4%
-79.3%
Capex Intensity
LPA
LPA
SHEN
SHEN
Q4 25
0.3%
117.2%
Q3 25
66.1%
91.4%
Q2 25
47.9%
97.3%
Q1 25
32.5%
94.7%
Q4 24
108.4%
Q3 24
55.5%
86.2%
Q2 24
94.2%
Q1 24
50.0%
101.2%
Cash Conversion
LPA
LPA
SHEN
SHEN
Q4 25
1.34×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPA
LPA

Segment breakdown not available.

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

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