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Side-by-side financial comparison of New Gold Inc. (NGD) and Whitestone REIT (WSR). Click either name above to swap in a different company.

New Gold Inc. is the larger business by last-quarter revenue ($44.1M vs $43.9M, roughly 1.0× Whitestone REIT).

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.

NGD vs WSR — Head-to-Head

Bigger by revenue
NGD
NGD
1.0× larger
NGD
$44.1M
$43.9M
WSR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NGD
NGD
WSR
WSR
Revenue
$44.1M
$43.9M
Net Profit
$22.8M
Gross Margin
Operating Margin
53.0%
Net Margin
52.0%
Revenue YoY
7.5%
Net Profit YoY
31.7%
EPS (diluted)
$0.43

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
NGD
NGD
WSR
WSR
Q4 25
$43.9M
Q3 25
$44.1M
$41.0M
Q2 25
$37.9M
Q1 25
$38.0M
Q4 24
$40.8M
Q3 24
$38.6M
Q2 24
$37.6M
Q1 24
$37.2M
Net Profit
NGD
NGD
WSR
WSR
Q4 25
$22.8M
Q3 25
$18.3M
Q2 25
$5.1M
Q1 25
$3.7M
Q4 24
$17.3M
Q3 24
$7.6M
Q2 24
$2.6M
Q1 24
$9.3M
Operating Margin
NGD
NGD
WSR
WSR
Q4 25
53.0%
Q3 25
45.5%
Q2 25
13.8%
Q1 25
10.2%
Q4 24
43.3%
Q3 24
20.3%
Q2 24
7.2%
Q1 24
25.9%
Net Margin
NGD
NGD
WSR
WSR
Q4 25
52.0%
Q3 25
44.7%
Q2 25
13.3%
Q1 25
9.7%
Q4 24
42.5%
Q3 24
19.7%
Q2 24
6.9%
Q1 24
25.1%
EPS (diluted)
NGD
NGD
WSR
WSR
Q4 25
$0.43
Q3 25
$0.35
Q2 25
$0.10
Q1 25
$0.07
Q4 24
$0.34
Q3 24
$0.15
Q2 24
$0.05
Q1 24
$0.18

Balance Sheet & Financial Strength

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

Metric
NGD
NGD
WSR
WSR
Cash + ST InvestmentsLiquidity on hand
$4.9M
Total DebtLower is stronger
$649.4M
Stockholders' EquityBook value
$458.1M
Total Assets
$1.2B
Debt / EquityLower = less leverage
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
WSR
WSR
Q4 25
$4.9M
Q3 25
$6.8M
Q2 25
$5.3M
Q1 25
$5.6M
Q4 24
$5.2M
Q3 24
$2.5M
Q2 24
$3.2M
Q1 24
$6.2M
Total Debt
NGD
NGD
WSR
WSR
Q4 25
$649.4M
Q3 25
Q2 25
Q1 25
Q4 24
$632.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NGD
NGD
WSR
WSR
Q4 25
$458.1M
Q3 25
$439.5M
Q2 25
$427.5M
Q1 25
$431.0M
Q4 24
$438.2M
Q3 24
$419.5M
Q2 24
$418.3M
Q1 24
$421.6M
Total Assets
NGD
NGD
WSR
WSR
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Debt / Equity
NGD
NGD
WSR
WSR
Q4 25
1.42×
Q3 25
Q2 25
Q1 25
Q4 24
1.44×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
NGD
NGD
WSR
WSR
Operating Cash FlowLast quarter
$50.8M
Free Cash FlowOCF − Capex
$50.5M
FCF MarginFCF / Revenue
114.9%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
2.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
WSR
WSR
Q4 25
$50.8M
Q3 25
$18.0M
Q2 25
$13.8M
Q1 25
$3.1M
Q4 24
$58.2M
Q3 24
$16.4M
Q2 24
$12.3M
Q1 24
$11.5M
Free Cash Flow
NGD
NGD
WSR
WSR
Q4 25
$50.5M
Q3 25
Q2 25
Q1 25
Q4 24
$58.0M
Q3 24
Q2 24
Q1 24
FCF Margin
NGD
NGD
WSR
WSR
Q4 25
114.9%
Q3 25
Q2 25
Q1 25
Q4 24
142.1%
Q3 24
Q2 24
Q1 24
Capex Intensity
NGD
NGD
WSR
WSR
Q4 25
0.7%
Q3 25
Q2 25
Q1 25
Q4 24
0.5%
Q3 24
Q2 24
Q1 24
Cash Conversion
NGD
NGD
WSR
WSR
Q4 25
2.22×
Q3 25
0.98×
Q2 25
2.74×
Q1 25
0.83×
Q4 24
3.36×
Q3 24
2.15×
Q2 24
4.73×
Q1 24
1.23×

Financial Flow Comparison

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

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