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Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and STEM, INC. (STEM). Click either name above to swap in a different company.
STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $23.6M, roughly 2.0× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). STEM, INC. runs the higher net margin — -33.9% vs -677.3%, a 643.4% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% 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.
StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.
NEN vs STEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $47.1M |
| Net Profit | $-1.4M | $-16.0M |
| Gross Margin | — | 48.9% |
| Operating Margin | 14.0% | -17.7% |
| Net Margin | -677.3% | -33.9% |
| Revenue YoY | 15.7% | -15.6% |
| Net Profit YoY | -133.0% | 68.8% |
| EPS (diluted) | — | $-4.40 |
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.
| Q4 25 | $23.6M | $47.1M | ||
| Q3 25 | $23.7M | $38.2M | ||
| Q2 25 | $21.2M | $38.4M | ||
| Q1 25 | $20.7M | $32.5M | ||
| Q4 24 | $20.4M | $55.8M | ||
| Q3 24 | $20.2M | $29.3M | ||
| Q2 24 | $20.1M | $34.0M | ||
| Q1 24 | $19.9M | $25.5M |
| Q4 25 | $-1.4M | $-16.0M | ||
| Q3 25 | $-521.8K | $-23.8M | ||
| Q2 25 | $4.1M | $202.5M | ||
| Q1 25 | $3.8M | $-25.0M | ||
| Q4 24 | $4.2M | $-51.1M | ||
| Q3 24 | $3.9M | $-148.3M | ||
| Q2 24 | $4.1M | $-582.3M | ||
| Q1 24 | $3.5M | $-72.3M |
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
| Q4 25 | 14.0% | -17.7% | ||
| Q3 25 | 20.0% | -33.6% | ||
| Q2 25 | 33.3% | -34.8% | ||
| Q1 25 | 30.1% | -65.0% | ||
| Q4 24 | 32.4% | -84.4% | ||
| Q3 24 | 32.0% | -493.2% | ||
| Q2 24 | 32.6% | -1705.5% | ||
| Q1 24 | 28.9% | -267.0% |
| Q4 25 | -677.3% | -33.9% | ||
| Q3 25 | -2.2% | -62.2% | ||
| Q2 25 | 19.5% | 527.8% | ||
| Q1 25 | 18.3% | -76.9% | ||
| Q4 24 | 20.7% | -91.6% | ||
| Q3 24 | 19.3% | -506.3% | ||
| Q2 24 | 20.3% | -1712.6% | ||
| Q1 24 | 17.4% | -283.9% |
| Q4 25 | — | $-4.40 | ||
| Q3 25 | — | $-2.84 | ||
| Q2 25 | — | $-1.79 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $-15.29 | ||
| Q3 24 | — | $-18.24 | ||
| Q2 24 | — | $-71.81 | ||
| Q1 24 | — | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.7M | $48.9M |
| Total DebtLower is stronger | $531.0M | — |
| Stockholders' EquityBook value | — | $-249.4M |
| Total Assets | $505.3M | $308.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $48.9M | ||
| Q3 25 | $13.4M | $43.1M | ||
| Q2 25 | $16.7M | $40.8M | ||
| Q1 25 | $30.9M | $58.6M | ||
| Q4 24 | $17.6M | $56.3M | ||
| Q3 24 | $15.1M | $75.4M | ||
| Q2 24 | $13.5M | $89.6M | ||
| Q1 24 | $28.8M | $112.8M |
| Q4 25 | $531.0M | — | ||
| Q3 25 | $514.2M | — | ||
| Q2 25 | $514.3M | — | ||
| Q1 25 | $407.8M | — | ||
| Q4 24 | $408.6M | — | ||
| Q3 24 | $409.3M | — | ||
| Q2 24 | $410.0M | — | ||
| Q1 24 | $410.7M | — |
| Q4 25 | — | $-249.4M | ||
| Q3 25 | — | $-235.7M | ||
| Q2 25 | — | $-214.1M | ||
| Q1 25 | — | $-417.5M | ||
| Q4 24 | — | $-398.4M | ||
| Q3 24 | — | $-344.1M | ||
| Q2 24 | — | $-203.2M | ||
| Q1 24 | — | $371.6M |
| Q4 25 | $505.3M | $308.9M | ||
| Q3 25 | $492.9M | $362.6M | ||
| Q2 25 | $494.8M | $379.2M | ||
| Q1 25 | $385.2M | $405.1M | ||
| Q4 24 | $393.5M | $437.4M | ||
| Q3 24 | $387.4M | $537.8M | ||
| Q2 24 | $383.7M | $691.5M | ||
| Q1 24 | $381.2M | $1.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | $8.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $8.2M | ||
| Q3 25 | $2.3M | $11.4M | ||
| Q2 25 | $12.5M | $-21.3M | ||
| Q1 25 | $5.5M | $8.5M | ||
| Q4 24 | $31.9M | $-14.7M | ||
| Q3 24 | $8.5M | $-9.4M | ||
| Q2 24 | $5.4M | $-11.9M | ||
| Q1 24 | $6.1M | $-621.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.02× | -0.11× | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 7.57× | — | ||
| Q3 24 | 2.17× | — | ||
| Q2 24 | 1.32× | — | ||
| Q1 24 | 1.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
