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Side-by-side financial comparison of Orange County Bancorp, Inc. (OBT) and Performance Shipping Inc. (PSHG). Click either name above to swap in a different company.

Performance Shipping Inc. is the larger business by last-quarter revenue ($39.5M vs $33.0M, roughly 1.2× Orange County Bancorp, Inc.). Performance Shipping Inc. runs the higher net margin — 97.5% vs 37.6%, a 59.9% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs -7.9%).

Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

OBT vs PSHG — Head-to-Head

Bigger by revenue
PSHG
PSHG
1.2× larger
PSHG
$39.5M
$33.0M
OBT
Growing faster (revenue YoY)
OBT
OBT
+28.6% gap
OBT
20.6%
-7.9%
PSHG
Higher net margin
PSHG
PSHG
59.9% more per $
PSHG
97.5%
37.6%
OBT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
OBT
OBT
PSHG
PSHG
Revenue
$33.0M
$39.5M
Net Profit
$12.4M
$38.5M
Gross Margin
Operating Margin
41.4%
93.3%
Net Margin
37.6%
97.5%
Revenue YoY
20.6%
-7.9%
Net Profit YoY
73.5%
78.1%
EPS (diluted)
$0.94
$1.00

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
OBT
OBT
PSHG
PSHG
Q4 25
$33.0M
Q3 25
$33.7M
Q2 25
$32.5M
$39.5M
Q1 25
$28.0M
Q4 24
$27.4M
Q3 24
$27.1M
Q2 24
$27.9M
$42.9M
Q1 24
$25.3M
Net Profit
OBT
OBT
PSHG
PSHG
Q4 25
$12.4M
Q3 25
$10.0M
Q2 25
$10.5M
$38.5M
Q1 25
$8.7M
Q4 24
$7.2M
Q3 24
$3.2M
Q2 24
$8.2M
$21.6M
Q1 24
$9.3M
Operating Margin
OBT
OBT
PSHG
PSHG
Q4 25
41.4%
Q3 25
38.6%
Q2 25
41.9%
93.3%
Q1 25
40.3%
Q4 24
32.8%
Q3 24
14.8%
Q2 24
36.6%
49.1%
Q1 24
45.9%
Net Margin
OBT
OBT
PSHG
PSHG
Q4 25
37.6%
Q3 25
29.7%
Q2 25
32.2%
97.5%
Q1 25
31.1%
Q4 24
26.2%
Q3 24
11.8%
Q2 24
29.4%
50.4%
Q1 24
36.7%
EPS (diluted)
OBT
OBT
PSHG
PSHG
Q4 25
$0.94
Q3 25
$0.75
Q2 25
$0.87
$1.00
Q1 25
$0.77
Q4 24
$0.64
Q3 24
$0.28
Q2 24
$0.73
$0.55
Q1 24
$0.82

Balance Sheet & Financial Strength

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

Metric
OBT
OBT
PSHG
PSHG
Cash + ST InvestmentsLiquidity on hand
$95.8M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$284.4M
$312.8M
Total Assets
$2.7B
$363.8M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OBT
OBT
PSHG
PSHG
Q4 25
Q3 25
Q2 25
$95.8M
Q1 25
Q4 24
Q3 24
Q2 24
$61.7M
Q1 24
Total Debt
OBT
OBT
PSHG
PSHG
Q4 25
Q3 25
Q2 25
$43.7M
Q1 25
Q4 24
Q3 24
Q2 24
$51.2M
Q1 24
Stockholders' Equity
OBT
OBT
PSHG
PSHG
Q4 25
$284.4M
Q3 25
$270.1M
Q2 25
$252.6M
$312.8M
Q1 25
$201.3M
Q4 24
$185.5M
Q3 24
$193.1M
Q2 24
$177.5M
$254.0M
Q1 24
$168.7M
Total Assets
OBT
OBT
PSHG
PSHG
Q4 25
$2.7B
Q3 25
$2.6B
Q2 25
$2.6B
$363.8M
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
$310.5M
Q1 24
$2.5B
Debt / Equity
OBT
OBT
PSHG
PSHG
Q4 25
Q3 25
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
Q2 24
0.20×
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
OBT
OBT
PSHG
PSHG
Operating Cash FlowLast quarter
$43.8M
$26.8M
Free Cash FlowOCF − Capex
$41.3M
FCF MarginFCF / Revenue
125.1%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
3.53×
0.70×
TTM Free Cash FlowTrailing 4 quarters
$69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OBT
OBT
PSHG
PSHG
Q4 25
$43.8M
Q3 25
$30.2M
Q2 25
$-5.0M
$26.8M
Q1 25
$4.8M
Q4 24
$34.6M
Q3 24
$10.2M
Q2 24
$9.3M
$31.7M
Q1 24
$2.3M
Free Cash Flow
OBT
OBT
PSHG
PSHG
Q4 25
$41.3M
Q3 25
$29.6M
Q2 25
$-5.7M
Q1 25
$4.3M
Q4 24
$32.9M
Q3 24
$10.0M
Q2 24
$9.2M
Q1 24
$2.0M
FCF Margin
OBT
OBT
PSHG
PSHG
Q4 25
125.1%
Q3 25
87.8%
Q2 25
-17.5%
Q1 25
15.5%
Q4 24
120.0%
Q3 24
36.7%
Q2 24
32.8%
Q1 24
7.9%
Capex Intensity
OBT
OBT
PSHG
PSHG
Q4 25
7.6%
Q3 25
1.8%
Q2 25
2.3%
Q1 25
1.8%
Q4 24
6.3%
Q3 24
1.1%
Q2 24
0.4%
0.0%
Q1 24
1.0%
Cash Conversion
OBT
OBT
PSHG
PSHG
Q4 25
3.53×
Q3 25
3.01×
Q2 25
-0.47×
0.70×
Q1 25
0.56×
Q4 24
4.83×
Q3 24
3.19×
Q2 24
1.13×
1.47×
Q1 24
0.24×

Financial Flow Comparison

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

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