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Side-by-side financial comparison of MAUI LAND & PINEAPPLE CO INC (MLP) and Relay Therapeutics, Inc. (RLAY). Click either name above to swap in a different company.

Relay Therapeutics, Inc. is the larger business by last-quarter revenue ($7.0M vs $4.5M, roughly 1.5× MAUI LAND & PINEAPPLE CO INC). MAUI LAND & PINEAPPLE CO INC produced more free cash flow last quarter ($-484.0K vs $-235.9M).

Maui Land & Pineapple Company, Inc. is a land holding and operating company founded in 1909 and based in Kapalua, Hawaii, United States. It owns approximately 24,300 acres (100 km2) on the island of Maui. It develops, sells, and manages residential, resort, commercial and industrial real estate; and operates retail and utility operations at the Kapalua Resort. ML&P also owns and manages the 8,304-acre (33.61 km2) Puʻu Kukui Watershed Preserve, one of the largest private nature preserves in th...

Relay Therapeutics is a clinical-stage biotechnology company focused on developing precision oncology therapies. It leverages advanced computational modeling of protein dynamics, paired with cutting-edge experimental biology, to design targeted medicines for previously intractable cancer types, serving global oncology care markets and patient populations.

MLP vs RLAY — Head-to-Head

Bigger by revenue
RLAY
RLAY
1.5× larger
RLAY
$7.0M
$4.5M
MLP
More free cash flow
MLP
MLP
$235.4M more FCF
MLP
$-484.0K
$-235.9M
RLAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLP
MLP
RLAY
RLAY
Revenue
$4.5M
$7.0M
Net Profit
Gross Margin
Operating Margin
-37.5%
Net Margin
Revenue YoY
32.8%
Net Profit YoY
EPS (diluted)

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
MLP
MLP
RLAY
RLAY
Q4 25
$4.5M
$7.0M
Q3 25
$4.5M
$0
Q2 25
$4.6M
Q1 25
$5.8M
$7.7M
Q4 24
$3.4M
$0
Q3 24
$3.0M
$0
Q2 24
$2.6M
$0
Q1 24
$2.5M
$10.0M
Net Profit
MLP
MLP
RLAY
RLAY
Q4 25
Q3 25
$240.0K
$-74.1M
Q2 25
$-999.0K
Q1 25
$-8.6M
$-77.1M
Q4 24
Q3 24
$-2.2M
$-88.1M
Q2 24
$-1.9M
$-92.2M
Q1 24
$-1.4M
$-81.4M
Operating Margin
MLP
MLP
RLAY
RLAY
Q4 25
-37.5%
Q3 25
-8.0%
Q2 25
-15.4%
Q1 25
-30.7%
-1105.2%
Q4 24
-54.0%
Q3 24
-73.7%
Q2 24
-71.1%
Q1 24
-56.3%
-903.0%
Net Margin
MLP
MLP
RLAY
RLAY
Q4 25
Q3 25
5.3%
Q2 25
-21.7%
Q1 25
-148.9%
-1003.6%
Q4 24
Q3 24
-73.9%
Q2 24
-70.8%
Q1 24
-55.4%
-813.3%
EPS (diluted)
MLP
MLP
RLAY
RLAY
Q4 25
Q3 25
$-0.43
Q2 25
Q1 25
$-0.46
Q4 24
Q3 24
$-0.11
$-0.63
Q2 24
$-0.09
$-0.69
Q1 24
$-0.62

Balance Sheet & Financial Strength

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

Metric
MLP
MLP
RLAY
RLAY
Cash + ST InvestmentsLiquidity on hand
$5.3M
$84.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.1M
$567.1M
Total Assets
$48.0M
$621.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLP
MLP
RLAY
RLAY
Q4 25
$5.3M
$84.0M
Q3 25
$4.9M
$91.6M
Q2 25
$6.5M
Q1 25
$7.9M
$93.5M
Q4 24
$6.8M
$124.3M
Q3 24
$6.1M
$152.4M
Q2 24
$3.7M
$134.1M
Q1 24
$5.4M
$152.9M
Stockholders' Equity
MLP
MLP
RLAY
RLAY
Q4 25
$33.1M
$567.1M
Q3 25
$33.7M
$607.7M
Q2 25
$26.3M
Q1 25
$26.7M
$721.1M
Q4 24
$33.2M
$777.8M
Q3 24
$34.0M
$838.9M
Q2 24
$34.2M
$681.7M
Q1 24
$34.6M
$745.8M
Total Assets
MLP
MLP
RLAY
RLAY
Q4 25
$48.0M
$621.3M
Q3 25
$45.8M
$670.0M
Q2 25
$45.7M
Q1 25
$47.2M
$799.4M
Q4 24
$50.1M
$871.3M
Q3 24
$45.9M
$930.1M
Q2 24
$41.9M
$772.5M
Q1 24
$42.1M
$841.4M

Cash Flow & Capital Efficiency

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

Metric
MLP
MLP
RLAY
RLAY
Operating Cash FlowLast quarter
$2.1M
$-235.5M
Free Cash FlowOCF − Capex
$-484.0K
$-235.9M
FCF MarginFCF / Revenue
-10.7%
-3370.0%
Capex IntensityCapex / Revenue
56.5%
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-622.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLP
MLP
RLAY
RLAY
Q4 25
$2.1M
$-235.5M
Q3 25
$-932.0K
$-62.1M
Q2 25
$-871.0K
Q1 25
$157.0K
$-73.2M
Q4 24
$370.0K
$-249.1M
Q3 24
$690.0K
$-75.1M
Q2 24
$-533.0K
$-65.8M
Q1 24
$-10.0K
$-50.3M
Free Cash Flow
MLP
MLP
RLAY
RLAY
Q4 25
$-484.0K
$-235.9M
Q3 25
$-62.1M
Q2 25
Q1 25
$-73.6M
Q4 24
$-1.5M
$-251.1M
Q3 24
$-75.3M
Q2 24
$-65.8M
Q1 24
$-52.1M
FCF Margin
MLP
MLP
RLAY
RLAY
Q4 25
-10.7%
-3370.0%
Q3 25
Q2 25
Q1 25
-958.4%
Q4 24
-44.0%
Q3 24
Q2 24
Q1 24
-520.7%
Capex Intensity
MLP
MLP
RLAY
RLAY
Q4 25
56.5%
5.9%
Q3 25
Q2 25
Q1 25
5.0%
Q4 24
54.9%
Q3 24
Q2 24
Q1 24
17.8%
Cash Conversion
MLP
MLP
RLAY
RLAY
Q4 25
Q3 25
-3.88×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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