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Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) and TPG RE Finance Trust, Inc. (TRTX). Click either name above to swap in a different company.

Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $35.0M, roughly 1.3× TPG RE Finance Trust, Inc.). TPG RE Finance Trust, Inc. runs the higher net margin — 15.6% vs 1.1%, a 14.5% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 0.9%). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs -5.1%).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

TPG RE Finance Trust, Inc. is a commercial real estate finance firm primarily operating in the United States. It originates, underwrites and manages a portfolio of senior commercial mortgage loans and other real estate-linked debt instruments, serving commercial property owners and investors across multifamily, industrial, office and retail property segments.

MAMA vs TRTX — Head-to-Head

Bigger by revenue
MAMA
MAMA
1.3× larger
MAMA
$47.3M
$35.0M
TRTX
Growing faster (revenue YoY)
MAMA
MAMA
+49.1% gap
MAMA
50.0%
0.9%
TRTX
Higher net margin
TRTX
TRTX
14.5% more per $
TRTX
15.6%
1.1%
MAMA
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
-5.1%
TRTX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
TRTX
TRTX
Revenue
$47.3M
$35.0M
Net Profit
$540.0K
$4.0M
Gross Margin
23.6%
Operating Margin
1.7%
11.6%
Net Margin
1.1%
15.6%
Revenue YoY
50.0%
0.9%
Net Profit YoY
31.7%
-62.8%
EPS (diluted)
$0.01
$0.01

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
MAMA
MAMA
TRTX
TRTX
Q4 25
$47.3M
$35.0M
Q3 25
$35.2M
$37.8M
Q2 25
$35.3M
$36.2M
Q1 25
$33.6M
$37.0M
Q4 24
$31.5M
$34.7M
Q3 24
$28.4M
$40.1M
Q2 24
$29.8M
$39.3M
Q1 24
$26.7M
$38.9M
Net Profit
MAMA
MAMA
TRTX
TRTX
Q4 25
$540.0K
$4.0M
Q3 25
$1.3M
$22.0M
Q2 25
$1.2M
$20.6M
Q1 25
$1.6M
$13.7M
Q4 24
$410.0K
$10.7M
Q3 24
$1.1M
$22.2M
Q2 24
$553.0K
$24.7M
Q1 24
$1.4M
$16.7M
Gross Margin
MAMA
MAMA
TRTX
TRTX
Q4 25
23.6%
Q3 25
24.9%
Q2 25
26.1%
Q1 25
27.0%
Q4 24
22.6%
Q3 24
24.2%
Q2 24
25.0%
Q1 24
29.3%
Operating Margin
MAMA
MAMA
TRTX
TRTX
Q4 25
1.7%
11.6%
Q3 25
4.8%
58.4%
Q2 25
4.5%
57.3%
Q1 25
5.7%
37.2%
Q4 24
1.8%
30.3%
Q3 24
5.7%
55.4%
Q2 24
2.6%
63.1%
Q1 24
7.4%
44.0%
Net Margin
MAMA
MAMA
TRTX
TRTX
Q4 25
1.1%
15.6%
Q3 25
3.6%
58.1%
Q2 25
3.5%
57.0%
Q1 25
4.8%
37.0%
Q4 24
1.3%
43.3%
Q3 24
4.0%
55.3%
Q2 24
1.9%
62.9%
Q1 24
5.3%
43.0%
EPS (diluted)
MAMA
MAMA
TRTX
TRTX
Q4 25
$0.01
$0.01
Q3 25
$0.03
$0.23
Q2 25
$0.03
$0.21
Q1 25
$0.04
$0.12
Q4 24
$0.01
$0.09
Q3 24
$0.03
$0.23
Q2 24
$0.01
$0.26
Q1 24
$0.03
$0.17

Balance Sheet & Financial Strength

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

Metric
MAMA
MAMA
TRTX
TRTX
Cash + ST InvestmentsLiquidity on hand
$18.1M
$87.6M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$49.6M
$1.1B
Total Assets
$84.0M
$4.4B
Debt / EquityLower = less leverage
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
TRTX
TRTX
Q4 25
$18.1M
$87.6M
Q3 25
$9.4M
$93.6M
Q2 25
$12.0M
$165.8M
Q1 25
$7.2M
$363.0M
Q4 24
$9.3M
$190.2M
Q3 24
$7.4M
$226.3M
Q2 24
$13.0M
$259.2M
Q1 24
$11.0M
$203.1M
Total Debt
MAMA
MAMA
TRTX
TRTX
Q4 25
$3.3B
Q3 25
$2.9B
Q2 25
$3.0B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.7B
Stockholders' Equity
MAMA
MAMA
TRTX
TRTX
Q4 25
$49.6M
$1.1B
Q3 25
$29.6M
$1.1B
Q2 25
$26.4M
$1.1B
Q1 25
$24.9M
$1.1B
Q4 24
$23.0M
$1.1B
Q3 24
$22.3M
$1.1B
Q2 24
$20.3M
$1.1B
Q1 24
$19.6M
$1.1B
Total Assets
MAMA
MAMA
TRTX
TRTX
Q4 25
$84.0M
$4.4B
Q3 25
$51.2M
$4.1B
Q2 25
$52.7M
$4.2B
Q1 25
$47.1M
$4.0B
Q4 24
$47.9M
$3.7B
Q3 24
$43.0M
$3.7B
Q2 24
$47.2M
$3.7B
Q1 24
$45.1M
$3.8B
Debt / Equity
MAMA
MAMA
TRTX
TRTX
Q4 25
3.10×
Q3 25
2.72×
Q2 25
2.78×
Q1 25
2.56×
Q4 24
2.31×
Q3 24
2.22×
Q2 24
2.25×
Q1 24
2.38×

Cash Flow & Capital Efficiency

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

Metric
MAMA
MAMA
TRTX
TRTX
Operating Cash FlowLast quarter
$3.9M
$90.4M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
7.16×
22.73×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
TRTX
TRTX
Q4 25
$3.9M
$90.4M
Q3 25
$-1.7M
$21.8M
Q2 25
$6.0M
$24.7M
Q1 25
$-857.0K
$19.1M
Q4 24
$4.8M
$112.1M
Q3 24
$-2.4M
$23.7M
Q2 24
$3.6M
$25.6M
Q1 24
$6.7M
$37.4M
Free Cash Flow
MAMA
MAMA
TRTX
TRTX
Q4 25
$3.7M
Q3 25
$-2.2M
Q2 25
$5.5M
Q1 25
$-930.0K
Q4 24
$2.5M
Q3 24
$-4.0M
Q2 24
$2.5M
Q1 24
$6.6M
FCF Margin
MAMA
MAMA
TRTX
TRTX
Q4 25
7.8%
Q3 25
-6.2%
Q2 25
15.5%
Q1 25
-2.8%
Q4 24
8.0%
Q3 24
-14.1%
Q2 24
8.4%
Q1 24
24.8%
Capex Intensity
MAMA
MAMA
TRTX
TRTX
Q4 25
0.4%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
0.2%
Q4 24
7.2%
Q3 24
5.6%
Q2 24
3.8%
Q1 24
0.4%
Cash Conversion
MAMA
MAMA
TRTX
TRTX
Q4 25
7.16×
22.73×
Q3 25
-1.31×
0.99×
Q2 25
4.85×
1.20×
Q1 25
-0.54×
1.39×
Q4 24
11.71×
10.50×
Q3 24
-2.10×
1.07×
Q2 24
6.58×
1.03×
Q1 24
4.79×
2.23×

Financial Flow Comparison

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

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