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Side-by-side financial comparison of NPK International Inc. (NPKI) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $75.2M, roughly 1.3× NPK International Inc.). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs 6.5%). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs 2.5%).
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
NPKI vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.2M | $97.9M |
| Net Profit | — | $27.9M |
| Gross Margin | 37.7% | 98.6% |
| Operating Margin | 16.7% | 27.4% |
| Net Margin | — | 28.5% |
| Revenue YoY | 30.7% | 6.5% |
| Net Profit YoY | — | 7.1% |
| EPS (diluted) | $0.17 | $0.38 |
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 | $75.2M | $97.9M | ||
| Q3 25 | $68.8M | $96.2M | ||
| Q2 25 | $68.2M | $93.8M | ||
| Q1 25 | $64.8M | $97.7M | ||
| Q4 24 | $57.5M | $91.9M | ||
| Q3 24 | $44.2M | $90.7M | ||
| Q2 24 | $66.8M | $89.9M | ||
| Q1 24 | $49.0M | $93.2M |
| Q4 25 | — | $27.9M | ||
| Q3 25 | $5.7M | $29.3M | ||
| Q2 25 | $8.7M | $27.9M | ||
| Q1 25 | $10.0M | $29.4M | ||
| Q4 24 | — | $26.0M | ||
| Q3 24 | $-174.3M | $19.3M | ||
| Q2 24 | $8.0M | $29.7M | ||
| Q1 24 | $7.3M | $30.7M |
| Q4 25 | 37.7% | 98.6% | ||
| Q3 25 | 31.9% | 98.5% | ||
| Q2 25 | 36.9% | 99.1% | ||
| Q1 25 | 39.0% | 98.8% | ||
| Q4 24 | 39.2% | 98.8% | ||
| Q3 24 | 27.5% | 98.8% | ||
| Q2 24 | 37.2% | 98.8% | ||
| Q1 24 | 36.0% | 98.8% |
| Q4 25 | 16.7% | 27.4% | ||
| Q3 25 | 13.2% | 25.9% | ||
| Q2 25 | 17.0% | 25.5% | ||
| Q1 25 | 20.9% | 25.9% | ||
| Q4 24 | 20.2% | 24.6% | ||
| Q3 24 | 2.8% | 17.5% | ||
| Q2 24 | 18.7% | 26.7% | ||
| Q1 24 | 14.2% | 26.4% |
| Q4 25 | — | 28.5% | ||
| Q3 25 | 8.2% | 30.5% | ||
| Q2 25 | 12.7% | 29.8% | ||
| Q1 25 | 15.4% | 30.1% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | -394.3% | 21.3% | ||
| Q2 24 | 12.0% | 33.0% | ||
| Q1 24 | 14.9% | 33.0% |
| Q4 25 | $0.17 | $0.38 | ||
| Q3 25 | $0.07 | $0.41 | ||
| Q2 25 | $0.10 | $0.39 | ||
| Q1 25 | $0.11 | $0.41 | ||
| Q4 24 | $0.10 | $0.36 | ||
| Q3 24 | $-1.99 | $0.27 | ||
| Q2 24 | $0.09 | $0.42 | ||
| Q1 24 | $0.08 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.1M | $21.7M |
| Total DebtLower is stronger | $16.9M | $4.6B |
| Stockholders' EquityBook value | $351.2M | $2.4B |
| Total Assets | $441.8M | $7.2B |
| Debt / EquityLower = less leverage | 0.05× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.1M | $21.7M | ||
| Q3 25 | $35.6M | $12.1M | ||
| Q2 25 | $26.0M | $13.9M | ||
| Q1 25 | $20.8M | $17.3M | ||
| Q4 24 | $17.8M | $8.3M | ||
| Q3 24 | $42.9M | $15.6M | ||
| Q2 24 | $35.1M | $13.4M | ||
| Q1 24 | $37.7M | $11.3M |
| Q4 25 | $16.9M | $4.6B | ||
| Q3 25 | $9.5M | $4.5B | ||
| Q2 25 | $9.3M | $4.4B | ||
| Q1 25 | $8.1M | $4.3B | ||
| Q4 24 | $7.7M | $4.3B | ||
| Q3 24 | $14.0M | $4.3B | ||
| Q2 24 | $58.0M | $4.2B | ||
| Q1 24 | $77.4M | $4.1B |
| Q4 25 | $351.2M | $2.4B | ||
| Q3 25 | $333.9M | $2.4B | ||
| Q2 25 | $328.8M | $2.4B | ||
| Q1 25 | $326.9M | $2.4B | ||
| Q4 24 | $326.5M | $2.3B | ||
| Q3 24 | $316.5M | $2.3B | ||
| Q2 24 | $426.6M | $2.3B | ||
| Q1 24 | $421.6M | $2.3B |
| Q4 25 | $441.8M | $7.2B | ||
| Q3 25 | $404.5M | $7.1B | ||
| Q2 25 | $393.7M | $7.1B | ||
| Q1 25 | $390.0M | $6.9B | ||
| Q4 24 | $393.7M | $6.9B | ||
| Q3 24 | $389.6M | $6.8B | ||
| Q2 24 | $624.8M | $6.8B | ||
| Q1 24 | $640.8M | $6.7B |
| Q4 25 | 0.05× | 1.90× | ||
| Q3 25 | 0.03× | 1.89× | ||
| Q2 25 | 0.03× | 1.87× | ||
| Q1 25 | 0.02× | 1.85× | ||
| Q4 24 | 0.02× | 1.84× | ||
| Q3 24 | 0.04× | 1.88× | ||
| Q2 24 | 0.14× | 1.81× | ||
| Q1 24 | 0.18× | 1.81× |
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 | $18.0M | $47.8M |
| Free Cash FlowOCF − Capex | $5.8M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 16.3% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $26.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.0M | $47.8M | ||
| Q3 25 | $24.7M | $-1.4M | ||
| Q2 25 | $21.4M | $28.0M | ||
| Q1 25 | $8.8M | $8.9M | ||
| Q4 24 | $-4.1M | $37.9M | ||
| Q3 24 | $2.8M | $8.3M | ||
| Q2 24 | $27.6M | $24.8M | ||
| Q1 24 | $11.9M | $-3.1M |
| Q4 25 | $5.8M | — | ||
| Q3 25 | $12.0M | — | ||
| Q2 25 | $9.7M | — | ||
| Q1 25 | $-1.2M | — | ||
| Q4 24 | $-17.7M | — | ||
| Q3 24 | $-6.7M | — | ||
| Q2 24 | $21.0M | — | ||
| Q1 24 | $-1.9M | — |
| Q4 25 | 7.6% | — | ||
| Q3 25 | 17.4% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | -1.8% | — | ||
| Q4 24 | -30.8% | — | ||
| Q3 24 | -15.2% | — | ||
| Q2 24 | 31.4% | — | ||
| Q1 24 | -3.9% | — |
| Q4 25 | 16.3% | — | ||
| Q3 25 | 18.5% | — | ||
| Q2 25 | 17.1% | — | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 23.6% | — | ||
| Q3 24 | 21.4% | — | ||
| Q2 24 | 9.9% | — | ||
| Q1 24 | 28.3% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | 4.37× | -0.05× | ||
| Q2 25 | 2.47× | 1.00× | ||
| Q1 25 | 0.88× | 0.30× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | 3.43× | 0.83× | ||
| Q1 24 | 1.64× | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
