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Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and Postal Realty Trust, Inc. (PSTL). Click either name above to swap in a different company.

Postal Realty Trust, Inc. is the larger business by last-quarter revenue ($26.0M vs $23.6M, roughly 1.1× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). Postal Realty Trust, Inc. runs the higher net margin — 17.9% vs -677.3%, a 695.2% gap on every dollar of revenue. On growth, Postal Realty Trust, Inc. posted the faster year-over-year revenue change (21.7% vs 15.7%). Over the past eight quarters, Postal Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs 8.9%).

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

Postal Realty Trust, Inc. is a specialized real estate investment trust that acquires, owns, and manages properties primarily leased to the United States Postal Service. Its portfolio includes last-mile postal facilities, sorting centers, and retail post office locations across the U.S., supporting critical mail and package delivery infrastructure.

NEN vs PSTL — Head-to-Head

Bigger by revenue
PSTL
PSTL
1.1× larger
PSTL
$26.0M
$23.6M
NEN
Growing faster (revenue YoY)
PSTL
PSTL
+6.0% gap
PSTL
21.7%
15.7%
NEN
Higher net margin
PSTL
PSTL
695.2% more per $
PSTL
17.9%
-677.3%
NEN
Faster 2-yr revenue CAGR
PSTL
PSTL
Annualised
PSTL
22.6%
8.9%
NEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NEN
NEN
PSTL
PSTL
Revenue
$23.6M
$26.0M
Net Profit
$-1.4M
$4.6M
Gross Margin
Operating Margin
14.0%
39.2%
Net Margin
-677.3%
17.9%
Revenue YoY
15.7%
21.7%
Net Profit YoY
-133.0%
3.1%
EPS (diluted)
$0.16

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
NEN
NEN
PSTL
PSTL
Q4 25
$23.6M
$26.0M
Q3 25
$23.7M
$24.3M
Q2 25
$21.2M
$23.4M
Q1 25
$20.7M
$22.1M
Q4 24
$20.4M
$21.4M
Q3 24
$20.2M
$19.7M
Q2 24
$20.1M
$18.1M
Q1 24
$19.9M
$17.3M
Net Profit
NEN
NEN
PSTL
PSTL
Q4 25
$-1.4M
$4.6M
Q3 25
$-521.8K
$3.8M
Q2 25
$4.1M
$3.6M
Q1 25
$3.8M
$2.1M
Q4 24
$4.2M
$4.5M
Q3 24
$3.9M
$1.1M
Q2 24
$4.1M
$817.0K
Q1 24
$3.5M
$206.0K
Operating Margin
NEN
NEN
PSTL
PSTL
Q4 25
14.0%
39.2%
Q3 25
20.0%
37.6%
Q2 25
33.3%
37.3%
Q1 25
30.1%
28.4%
Q4 24
32.4%
43.2%
Q3 24
32.0%
24.3%
Q2 24
32.6%
22.8%
Q1 24
28.9%
17.6%
Net Margin
NEN
NEN
PSTL
PSTL
Q4 25
-677.3%
17.9%
Q3 25
-2.2%
15.7%
Q2 25
19.5%
15.5%
Q1 25
18.3%
9.4%
Q4 24
20.7%
21.1%
Q3 24
19.3%
5.4%
Q2 24
20.3%
4.5%
Q1 24
17.4%
1.2%
EPS (diluted)
NEN
NEN
PSTL
PSTL
Q4 25
$0.16
Q3 25
$0.13
Q2 25
$0.12
Q1 25
$0.06
Q4 24
$0.17
Q3 24
$0.03
Q2 24
$0.02
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
NEN
NEN
PSTL
PSTL
Cash + ST InvestmentsLiquidity on hand
$26.7M
$1.5M
Total DebtLower is stronger
$531.0M
$361.1M
Stockholders' EquityBook value
$285.2M
Total Assets
$505.3M
$759.1M
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEN
NEN
PSTL
PSTL
Q4 25
$26.7M
$1.5M
Q3 25
$13.4M
$1.9M
Q2 25
$16.7M
$1.1M
Q1 25
$30.9M
$639.0K
Q4 24
$17.6M
$1.8M
Q3 24
$15.1M
$970.0K
Q2 24
$13.5M
$1.7M
Q1 24
$28.8M
$1.9M
Total Debt
NEN
NEN
PSTL
PSTL
Q4 25
$531.0M
$361.1M
Q3 25
$514.2M
$347.0M
Q2 25
$514.3M
$328.8M
Q1 25
$407.8M
$306.7M
Q4 24
$408.6M
$296.7M
Q3 24
$409.3M
$277.0M
Q2 24
$410.0M
$273.7M
Q1 24
$410.7M
$247.6M
Stockholders' Equity
NEN
NEN
PSTL
PSTL
Q4 25
$285.2M
Q3 25
$273.9M
Q2 25
$250.8M
Q1 25
$245.5M
Q4 24
$251.3M
Q3 24
$245.6M
Q2 24
$245.5M
Q1 24
$248.1M
Total Assets
NEN
NEN
PSTL
PSTL
Q4 25
$505.3M
$759.1M
Q3 25
$492.9M
$735.2M
Q2 25
$494.8M
$689.8M
Q1 25
$385.2M
$654.0M
Q4 24
$393.5M
$646.8M
Q3 24
$387.4M
$615.1M
Q2 24
$383.7M
$608.2M
Q1 24
$381.2M
$584.1M
Debt / Equity
NEN
NEN
PSTL
PSTL
Q4 25
1.27×
Q3 25
1.27×
Q2 25
1.31×
Q1 25
1.25×
Q4 24
1.18×
Q3 24
1.13×
Q2 24
1.11×
Q1 24
1.00×

Cash Flow & Capital Efficiency

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

Metric
NEN
NEN
PSTL
PSTL
Operating Cash FlowLast quarter
$27.7M
$44.5M
Free Cash FlowOCF − Capex
$37.6M
FCF MarginFCF / Revenue
144.5%
Capex IntensityCapex / Revenue
26.7%
Cash ConversionOCF / Net Profit
9.59×
TTM Free Cash FlowTrailing 4 quarters
$65.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEN
NEN
PSTL
PSTL
Q4 25
$27.7M
$44.5M
Q3 25
$2.3M
$10.9M
Q2 25
$12.5M
$11.4M
Q1 25
$5.5M
$10.8M
Q4 24
$31.9M
$33.5M
Q3 24
$8.5M
$8.0M
Q2 24
$5.4M
$9.9M
Q1 24
$6.1M
$6.4M
Free Cash Flow
NEN
NEN
PSTL
PSTL
Q4 25
$37.6M
Q3 25
$8.8M
Q2 25
$9.1M
Q1 25
$10.2M
Q4 24
$30.7M
Q3 24
$7.4M
Q2 24
$8.9M
Q1 24
$5.8M
FCF Margin
NEN
NEN
PSTL
PSTL
Q4 25
144.5%
Q3 25
36.1%
Q2 25
38.8%
Q1 25
45.9%
Q4 24
143.8%
Q3 24
37.6%
Q2 24
49.4%
Q1 24
33.6%
Capex Intensity
NEN
NEN
PSTL
PSTL
Q4 25
26.7%
Q3 25
8.9%
Q2 25
10.1%
Q1 25
3.0%
Q4 24
13.0%
Q3 24
3.2%
Q2 24
5.4%
Q1 24
3.5%
Cash Conversion
NEN
NEN
PSTL
PSTL
Q4 25
9.59×
Q3 25
2.87×
Q2 25
3.02×
3.16×
Q1 25
1.44×
5.20×
Q4 24
7.57×
7.44×
Q3 24
2.17×
7.48×
Q2 24
1.32×
12.10×
Q1 24
1.77×
31.07×

Financial Flow Comparison

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

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