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Side-by-side financial comparison of NATIONAL RESEARCH CORP (NRC) and Postal Realty Trust, Inc. (PSTL). Click either name above to swap in a different company.

NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $26.0M, roughly 1.4× Postal Realty Trust, Inc.). Postal Realty Trust, Inc. runs the higher net margin — 17.9% vs 5.1%, a 12.8% gap on every dollar of revenue. On growth, Postal Realty Trust, Inc. posted the faster year-over-year revenue change (21.7% vs -4.6%). Postal Realty Trust, Inc. produced more free cash flow last quarter ($37.6M vs $6.1M). Over the past eight quarters, Postal Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs -0.2%).

National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.

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.

NRC vs PSTL — Head-to-Head

Bigger by revenue
NRC
NRC
1.4× larger
NRC
$35.2M
$26.0M
PSTL
Growing faster (revenue YoY)
PSTL
PSTL
+26.3% gap
PSTL
21.7%
-4.6%
NRC
Higher net margin
PSTL
PSTL
12.8% more per $
PSTL
17.9%
5.1%
NRC
More free cash flow
PSTL
PSTL
$31.5M more FCF
PSTL
$37.6M
$6.1M
NRC
Faster 2-yr revenue CAGR
PSTL
PSTL
Annualised
PSTL
22.6%
-0.2%
NRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRC
NRC
PSTL
PSTL
Revenue
$35.2M
$26.0M
Net Profit
$1.8M
$4.6M
Gross Margin
Operating Margin
13.3%
39.2%
Net Margin
5.1%
17.9%
Revenue YoY
-4.6%
21.7%
Net Profit YoY
-72.6%
3.1%
EPS (diluted)
$49.58
$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
NRC
NRC
PSTL
PSTL
Q4 25
$35.2M
$26.0M
Q3 25
$34.6M
$24.3M
Q2 25
$34.0M
$23.4M
Q1 25
$33.6M
$22.1M
Q4 24
$36.9M
$21.4M
Q3 24
$35.8M
$19.7M
Q2 24
$35.0M
$18.1M
Q1 24
$35.3M
$17.3M
Net Profit
NRC
NRC
PSTL
PSTL
Q4 25
$1.8M
$4.6M
Q3 25
$4.1M
$3.8M
Q2 25
$-106.0K
$3.6M
Q1 25
$5.8M
$2.1M
Q4 24
$6.6M
$4.5M
Q3 24
$5.7M
$1.1M
Q2 24
$6.2M
$817.0K
Q1 24
$6.4M
$206.0K
Operating Margin
NRC
NRC
PSTL
PSTL
Q4 25
13.3%
39.2%
Q3 25
22.4%
37.6%
Q2 25
4.7%
37.3%
Q1 25
25.6%
28.4%
Q4 24
26.0%
43.2%
Q3 24
22.3%
24.3%
Q2 24
25.3%
22.8%
Q1 24
24.8%
17.6%
Net Margin
NRC
NRC
PSTL
PSTL
Q4 25
5.1%
17.9%
Q3 25
11.9%
15.7%
Q2 25
-0.3%
15.5%
Q1 25
17.2%
9.4%
Q4 24
17.8%
21.1%
Q3 24
15.9%
5.4%
Q2 24
17.6%
4.5%
Q1 24
18.0%
1.2%
EPS (diluted)
NRC
NRC
PSTL
PSTL
Q4 25
$49.58
$0.16
Q3 25
$0.18
$0.13
Q2 25
$-0.01
$0.12
Q1 25
$0.25
$0.06
Q4 24
$0.27
$0.17
Q3 24
$0.24
$0.03
Q2 24
$0.26
$0.02
Q1 24
$0.27
$-0.01

Balance Sheet & Financial Strength

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

Metric
NRC
NRC
PSTL
PSTL
Cash + ST InvestmentsLiquidity on hand
$4.1M
$1.5M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$14.0M
$285.2M
Total Assets
$134.9M
$759.1M
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRC
NRC
PSTL
PSTL
Q4 25
$4.1M
$1.5M
Q3 25
$2.2M
$1.9M
Q2 25
$5.3M
$1.1M
Q1 25
$2.5M
$639.0K
Q4 24
$4.2M
$1.8M
Q3 24
$3.5M
$970.0K
Q2 24
$485.0K
$1.7M
Q1 24
$1.7M
$1.9M
Total Debt
NRC
NRC
PSTL
PSTL
Q4 25
$361.1M
Q3 25
$347.0M
Q2 25
$328.8M
Q1 25
$306.7M
Q4 24
$296.7M
Q3 24
$48.7M
$277.0M
Q2 24
$33.3M
$273.7M
Q1 24
$35.2M
$247.6M
Stockholders' Equity
NRC
NRC
PSTL
PSTL
Q4 25
$14.0M
$285.2M
Q3 25
$14.3M
$273.9M
Q2 25
$21.3M
$250.8M
Q1 25
$29.7M
$245.5M
Q4 24
$31.3M
$251.3M
Q3 24
$34.6M
$245.6M
Q2 24
$40.2M
$245.5M
Q1 24
$36.9M
$248.1M
Total Assets
NRC
NRC
PSTL
PSTL
Q4 25
$134.9M
$759.1M
Q3 25
$135.7M
$735.2M
Q2 25
$141.4M
$689.8M
Q1 25
$135.2M
$654.0M
Q4 24
$132.5M
$646.8M
Q3 24
$131.8M
$615.1M
Q2 24
$119.1M
$608.2M
Q1 24
$120.9M
$584.1M
Debt / Equity
NRC
NRC
PSTL
PSTL
Q4 25
1.27×
Q3 25
1.27×
Q2 25
1.31×
Q1 25
1.25×
Q4 24
1.18×
Q3 24
1.41×
1.13×
Q2 24
0.83×
1.11×
Q1 24
0.95×
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
NRC
NRC
PSTL
PSTL
Operating Cash FlowLast quarter
$7.2M
$44.5M
Free Cash FlowOCF − Capex
$6.1M
$37.6M
FCF MarginFCF / Revenue
17.2%
144.5%
Capex IntensityCapex / Revenue
3.2%
26.7%
Cash ConversionOCF / Net Profit
3.99×
9.59×
TTM Free Cash FlowTrailing 4 quarters
$15.7M
$65.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRC
NRC
PSTL
PSTL
Q4 25
$7.2M
$44.5M
Q3 25
$13.8M
$10.9M
Q2 25
$-1.1M
$11.4M
Q1 25
$6.6M
$10.8M
Q4 24
$6.4M
$33.5M
Q3 24
$9.4M
$8.0M
Q2 24
$6.8M
$9.9M
Q1 24
$12.0M
$6.4M
Free Cash Flow
NRC
NRC
PSTL
PSTL
Q4 25
$6.1M
$37.6M
Q3 25
$10.2M
$8.8M
Q2 25
$-4.1M
$9.1M
Q1 25
$3.7M
$10.2M
Q4 24
$1.9M
$30.7M
Q3 24
$7.8M
$7.4M
Q2 24
$1.5M
$8.9M
Q1 24
$7.9M
$5.8M
FCF Margin
NRC
NRC
PSTL
PSTL
Q4 25
17.2%
144.5%
Q3 25
29.4%
36.1%
Q2 25
-12.2%
38.8%
Q1 25
10.9%
45.9%
Q4 24
5.2%
143.8%
Q3 24
21.8%
37.6%
Q2 24
4.3%
49.4%
Q1 24
22.4%
33.6%
Capex Intensity
NRC
NRC
PSTL
PSTL
Q4 25
3.2%
26.7%
Q3 25
10.4%
8.9%
Q2 25
8.8%
10.1%
Q1 25
8.9%
3.0%
Q4 24
12.0%
13.0%
Q3 24
4.5%
3.2%
Q2 24
15.0%
5.4%
Q1 24
11.7%
3.5%
Cash Conversion
NRC
NRC
PSTL
PSTL
Q4 25
3.99×
9.59×
Q3 25
3.34×
2.87×
Q2 25
3.16×
Q1 25
1.15×
5.20×
Q4 24
0.97×
7.44×
Q3 24
1.66×
7.48×
Q2 24
1.10×
12.10×
Q1 24
1.89×
31.07×

Financial Flow Comparison

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

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