vs

Side-by-side financial comparison of M-tron Industries, Inc. (MPTI) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

Alpine Income Property Trust, Inc. is the larger business by last-quarter revenue ($18.4M vs $14.2M, roughly 1.3× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs 11.9%, a 12.2% gap on every dollar of revenue. On growth, Alpine Income Property Trust, Inc. posted the faster year-over-year revenue change (29.6% vs 11.2%). Over the past eight quarters, Alpine Income Property Trust, Inc.'s revenue compounded faster (21.4% CAGR vs 12.8%).

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

MPTI vs PINE — Head-to-Head

Bigger by revenue
PINE
PINE
1.3× larger
PINE
$18.4M
$14.2M
MPTI
Growing faster (revenue YoY)
PINE
PINE
+18.4% gap
PINE
29.6%
11.2%
MPTI
Higher net margin
MPTI
MPTI
12.2% more per $
MPTI
24.1%
11.9%
PINE
Faster 2-yr revenue CAGR
PINE
PINE
Annualised
PINE
21.4%
12.8%
MPTI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MPTI
MPTI
PINE
PINE
Revenue
$14.2M
$18.4M
Net Profit
$3.4M
$2.2M
Gross Margin
Operating Margin
27.3%
35.4%
Net Margin
24.1%
11.9%
Revenue YoY
11.2%
29.6%
Net Profit YoY
60.1%
285.3%
EPS (diluted)
$0.90
$0.06

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
MPTI
MPTI
PINE
PINE
Q1 26
$18.4M
Q4 25
$14.2M
$16.9M
Q3 25
$14.2M
$14.6M
Q2 25
$13.3M
$14.9M
Q1 25
$12.7M
$14.2M
Q4 24
$12.8M
$13.8M
Q3 24
$13.2M
$13.5M
Q2 24
$11.8M
$12.5M
Net Profit
MPTI
MPTI
PINE
PINE
Q1 26
$2.2M
Q4 25
$3.4M
$1.5M
Q3 25
$1.8M
$-1.3M
Q2 25
$1.6M
$-1.6M
Q1 25
$1.6M
$-1.2M
Q4 24
$2.1M
$-958.0K
Q3 24
$2.3M
$3.1M
Q2 24
$1.7M
$204.0K
Operating Margin
MPTI
MPTI
PINE
PINE
Q1 26
35.4%
Q4 25
27.3%
35.3%
Q3 25
18.0%
16.6%
Q2 25
13.9%
16.8%
Q1 25
15.8%
16.0%
Q4 24
20.1%
14.3%
Q3 24
22.1%
47.9%
Q2 24
17.8%
24.0%
Net Margin
MPTI
MPTI
PINE
PINE
Q1 26
11.9%
Q4 25
24.1%
8.7%
Q3 25
12.9%
-9.0%
Q2 25
11.7%
-11.0%
Q1 25
12.8%
-8.3%
Q4 24
16.7%
-6.9%
Q3 24
17.2%
22.8%
Q2 24
14.8%
1.6%
EPS (diluted)
MPTI
MPTI
PINE
PINE
Q1 26
$0.06
Q4 25
$0.90
$0.07
Q3 25
$0.63
$-0.09
Q2 25
$0.53
$-0.12
Q1 25
$0.56
$-0.08
Q4 24
$0.68
$-0.06
Q3 24
$0.81
$0.21
Q2 24
$0.63
$0.01

Balance Sheet & Financial Strength

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

Metric
MPTI
MPTI
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$20.9M
$2.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$63.2M
$312.5M
Total Assets
$68.4M
$745.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPTI
MPTI
PINE
PINE
Q1 26
$2.6M
Q4 25
$20.9M
$4.6M
Q3 25
$18.3M
$1.2M
Q2 25
$15.5M
$5.0M
Q1 25
$13.7M
$6.1M
Q4 24
$12.6M
$1.6M
Q3 24
$8.5M
$2.6M
Q2 24
$6.5M
$3.3M
Total Debt
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$358.2M
Q2 25
$352.6M
Q1 25
$356.5M
Q4 24
$301.5M
Q3 24
$278.9M
Q2 24
$268.3M
Stockholders' Equity
MPTI
MPTI
PINE
PINE
Q1 26
$312.5M
Q4 25
$63.2M
$279.9M
Q3 25
$37.0M
$223.5M
Q2 25
$34.8M
$229.8M
Q1 25
$33.2M
$240.9M
Q4 24
$31.3M
$253.0M
Q3 24
$26.2M
$248.2M
Q2 24
$23.7M
$244.0M
Total Assets
MPTI
MPTI
PINE
PINE
Q1 26
$745.1M
Q4 25
$68.4M
$715.9M
Q3 25
$42.2M
$621.4M
Q2 25
$39.7M
$628.4M
Q1 25
$37.8M
$647.4M
Q4 24
$36.6M
$605.0M
Q3 24
$31.5M
$579.0M
Q2 24
$28.4M
$565.8M
Debt / Equity
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
1.60×
Q2 25
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
1.12×
Q2 24
1.10×

Cash Flow & Capital Efficiency

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

Metric
MPTI
MPTI
PINE
PINE
Operating Cash FlowLast quarter
$2.7M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
16.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
$2.7M
$25.8M
Q3 25
$3.5M
$8.7M
Q2 25
$2.9M
$9.1M
Q1 25
$1.6M
$5.8M
Q4 24
$1.8M
$23.4M
Q3 24
$2.3M
$6.2M
Q2 24
$2.0M
$8.0M
Free Cash Flow
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
$2.3M
$-87.8M
Q3 25
$2.7M
$-48.8M
Q2 25
$2.0M
$-3.0M
Q1 25
$1.0M
$-55.5M
Q4 24
$1.4M
$-33.4M
Q3 24
$1.8M
$-43.0M
Q2 24
$1.1M
$-13.5M
FCF Margin
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
16.4%
-519.4%
Q3 25
19.1%
-334.9%
Q2 25
15.4%
-20.0%
Q1 25
8.0%
-391.0%
Q4 24
10.8%
-242.4%
Q3 24
13.4%
-319.3%
Q2 24
9.2%
-108.0%
Capex Intensity
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
2.4%
671.8%
Q3 25
5.7%
394.8%
Q2 25
6.1%
81.2%
Q1 25
4.6%
432.0%
Q4 24
3.3%
412.3%
Q3 24
3.6%
365.4%
Q2 24
7.4%
172.3%
Cash Conversion
MPTI
MPTI
PINE
PINE
Q1 26
Q4 25
0.78×
17.48×
Q3 25
1.92×
Q2 25
1.83×
Q1 25
0.99×
Q4 24
0.85×
Q3 24
0.99×
2.02×
Q2 24
1.12×
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

Related Comparisons