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Side-by-side financial comparison of Natera, Inc. (NTRA) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $665.5M, roughly 1.2× Natera, Inc.). Natera, Inc. runs the higher net margin — 7.1% vs 2.1%, a 5.0% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 39.8%). Construction Partners, Inc. produced more free cash flow last quarter ($47.1M vs $37.8M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 34.5%).
Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
NTRA vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $665.5M | $809.5M |
| Net Profit | $47.3M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | -3.4% | 6.2% |
| Net Margin | 7.1% | 2.1% |
| Revenue YoY | 39.8% | 44.1% |
| Net Profit YoY | 187.9% | 663.9% |
| EPS (diluted) | $0.36 | $0.31 |
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 | $665.5M | $809.5M | ||
| Q3 25 | $592.2M | $899.8M | ||
| Q2 25 | $546.6M | $779.3M | ||
| Q1 25 | $501.8M | $571.6M | ||
| Q4 24 | $476.1M | $561.6M | ||
| Q3 24 | $439.8M | $538.2M | ||
| Q2 24 | $413.4M | $517.8M | ||
| Q1 24 | $367.7M | $371.4M |
| Q4 25 | $47.3M | $17.2M | ||
| Q3 25 | $-87.5M | $56.6M | ||
| Q2 25 | $-100.9M | $44.0M | ||
| Q1 25 | $-66.9M | $4.2M | ||
| Q4 24 | $-53.8M | $-3.1M | ||
| Q3 24 | $-31.6M | $29.3M | ||
| Q2 24 | $-37.5M | $30.9M | ||
| Q1 24 | $-67.6M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | -3.4% | 6.2% | ||
| Q3 25 | -16.5% | 11.2% | ||
| Q2 25 | -20.2% | 10.6% | ||
| Q1 25 | -15.8% | 4.8% | ||
| Q4 24 | -13.6% | 2.5% | ||
| Q3 24 | -8.9% | 8.5% | ||
| Q2 24 | -10.6% | 8.8% | ||
| Q1 24 | -20.2% | 0.8% |
| Q4 25 | 7.1% | 2.1% | ||
| Q3 25 | -14.8% | 6.3% | ||
| Q2 25 | -18.5% | 5.7% | ||
| Q1 25 | -13.3% | 0.7% | ||
| Q4 24 | -11.3% | -0.5% | ||
| Q3 24 | -7.2% | 5.4% | ||
| Q2 24 | -9.1% | 6.0% | ||
| Q1 24 | -18.4% | -0.3% |
| Q4 25 | $0.36 | $0.31 | ||
| Q3 25 | $-0.64 | $1.03 | ||
| Q2 25 | $-0.74 | $0.79 | ||
| Q1 25 | $-0.50 | $0.08 | ||
| Q4 24 | $-0.41 | $-0.06 | ||
| Q3 24 | $-0.26 | $0.55 | ||
| Q2 24 | $-0.30 | $0.59 | ||
| Q1 24 | $-0.56 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $104.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $969.1M |
| Total Assets | $2.4B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.1M | ||
| Q3 25 | $1.0M | $156.1M | ||
| Q2 25 | $16.0M | $114.3M | ||
| Q1 25 | $17.8M | $101.9M | ||
| Q4 24 | $22.7M | $132.5M | ||
| Q3 24 | $29.5M | $74.7M | ||
| Q2 24 | $90.3M | $56.3M | ||
| Q1 24 | $69.1M | $48.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $515.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.7B | $969.1M | ||
| Q3 25 | $1.3B | $912.0M | ||
| Q2 25 | $1.2B | $853.3M | ||
| Q1 25 | $1.2B | $807.9M | ||
| Q4 24 | $1.2B | $811.1M | ||
| Q3 24 | $878.5M | $573.7M | ||
| Q2 24 | $836.5M | $552.9M | ||
| Q1 24 | $794.1M | $525.0M |
| Q4 25 | $2.4B | $3.4B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.7B | $2.8B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.5B | $1.4B | ||
| Q1 24 | $1.5B | $1.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.90× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $73.9M | $82.6M |
| Free Cash FlowOCF − Capex | $37.8M | $47.1M |
| FCF MarginFCF / Revenue | 5.7% | 5.8% |
| Capex IntensityCapex / Revenue | 5.4% | 4.4% |
| Cash ConversionOCF / Net Profit | 1.56× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $109.1M | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.9M | $82.6M | ||
| Q3 25 | $59.4M | $112.0M | ||
| Q2 25 | $37.6M | $83.0M | ||
| Q1 25 | $44.5M | $55.6M | ||
| Q4 24 | $52.9M | $40.7M | ||
| Q3 24 | $51.8M | $95.9M | ||
| Q2 24 | $4.0M | $34.6M | ||
| Q1 24 | $27.0M | $18.2M |
| Q4 25 | $37.8M | $47.1M | ||
| Q3 25 | $37.0M | $78.9M | ||
| Q2 25 | $11.7M | $46.4M | ||
| Q1 25 | $22.6M | $14.2M | ||
| Q4 24 | $34.8M | $13.8M | ||
| Q3 24 | $35.5M | $78.4M | ||
| Q2 24 | $-7.7M | $19.7M | ||
| Q1 24 | $6.7M | $-10.6M |
| Q4 25 | 5.7% | 5.8% | ||
| Q3 25 | 6.2% | 8.8% | ||
| Q2 25 | 2.1% | 5.9% | ||
| Q1 25 | 4.5% | 2.5% | ||
| Q4 24 | 7.3% | 2.5% | ||
| Q3 24 | 8.1% | 14.6% | ||
| Q2 24 | -1.9% | 3.8% | ||
| Q1 24 | 1.8% | -2.8% |
| Q4 25 | 5.4% | 4.4% | ||
| Q3 25 | 3.8% | 3.7% | ||
| Q2 25 | 4.7% | 4.7% | ||
| Q1 25 | 4.3% | 7.2% | ||
| Q4 24 | 3.8% | 4.8% | ||
| Q3 24 | 3.7% | 3.3% | ||
| Q2 24 | 2.8% | 2.9% | ||
| Q1 24 | 5.5% | 7.7% |
| Q4 25 | 1.56× | 4.80× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.88× | ||
| Q1 25 | — | 13.20× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | — | 1.12× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
