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Side-by-side financial comparison of OFG BANCORP (OFG) and STRATTEC SECURITY CORP (STRT). Click either name above to swap in a different company.
OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $137.5M, roughly 1.3× STRATTEC SECURITY CORP). OFG BANCORP runs the higher net margin — 30.3% vs 3.6%, a 26.7% gap on every dollar of revenue. On growth, STRATTEC SECURITY CORP posted the faster year-over-year revenue change (5.9% vs 0.9%). OFG BANCORP produced more free cash flow last quarter ($199.3M vs $11.3M). Over the past eight quarters, STRATTEC SECURITY CORP's revenue compounded faster (7.7% CAGR vs 2.8%).
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....
STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.
OFG vs STRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $184.3M | $137.5M |
| Net Profit | $55.9M | $4.9M |
| Gross Margin | — | 16.5% |
| Operating Margin | 25.7% | 3.5% |
| Net Margin | 30.3% | 3.6% |
| Revenue YoY | 0.9% | 5.9% |
| Net Profit YoY | 11.0% | 275.1% |
| EPS (diluted) | $1.27 | $1.20 |
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 | $184.3M | $137.5M | ||
| Q3 25 | $186.2M | $152.4M | ||
| Q2 25 | $182.4M | $152.0M | ||
| Q1 25 | $178.6M | $144.1M | ||
| Q4 24 | $182.7M | $129.9M | ||
| Q3 24 | $174.7M | $139.1M | ||
| Q2 24 | $179.8M | — | ||
| Q1 24 | $174.4M | $140.8M |
| Q4 25 | $55.9M | $4.9M | ||
| Q3 25 | $51.8M | $8.5M | ||
| Q2 25 | $51.8M | $8.3M | ||
| Q1 25 | $45.6M | $5.4M | ||
| Q4 24 | $50.3M | $1.3M | ||
| Q3 24 | $47.0M | $3.7M | ||
| Q2 24 | $51.1M | — | ||
| Q1 24 | $49.7M | $1.5M |
| Q4 25 | — | 16.5% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 16.7% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 13.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.4% |
| Q4 25 | 25.7% | 3.5% | ||
| Q3 25 | 33.0% | 6.9% | ||
| Q2 25 | 36.1% | 5.6% | ||
| Q1 25 | 33.3% | 4.9% | ||
| Q4 24 | 28.9% | 1.6% | ||
| Q3 24 | 35.4% | 3.6% | ||
| Q2 24 | 39.6% | — | ||
| Q1 24 | 38.9% | 1.4% |
| Q4 25 | 30.3% | 3.6% | ||
| Q3 25 | 27.8% | 5.6% | ||
| Q2 25 | 28.4% | 5.4% | ||
| Q1 25 | 25.5% | 3.7% | ||
| Q4 24 | 27.6% | 1.0% | ||
| Q3 24 | 26.9% | 2.7% | ||
| Q2 24 | 28.4% | — | ||
| Q1 24 | 28.5% | 1.1% |
| Q4 25 | $1.27 | $1.20 | ||
| Q3 25 | $1.16 | $2.07 | ||
| Q2 25 | $1.15 | $2.02 | ||
| Q1 25 | $1.00 | $1.32 | ||
| Q4 24 | $1.10 | $0.32 | ||
| Q3 24 | $1.00 | $0.92 | ||
| Q2 24 | $1.08 | — | ||
| Q1 24 | $1.05 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $99.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $236.8M |
| Total Assets | $12.5B | $392.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $99.0M | ||
| Q3 25 | $740.3M | $90.5M | ||
| Q2 25 | $851.8M | $84.6M | ||
| Q1 25 | $710.6M | $62.1M | ||
| Q4 24 | $591.1M | $42.6M | ||
| Q3 24 | $680.6M | $34.4M | ||
| Q2 24 | $740.4M | — | ||
| Q1 24 | $754.4M | $9.6M |
| Q4 25 | $1.4B | $236.8M | ||
| Q3 25 | $1.4B | $230.5M | ||
| Q2 25 | $1.3B | $221.6M | ||
| Q1 25 | $1.3B | $210.7M | ||
| Q4 24 | $1.3B | $204.5M | ||
| Q3 24 | $1.3B | $203.0M | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | $193.8M |
| Q4 25 | $12.5B | $392.2M | ||
| Q3 25 | $12.2B | $390.1M | ||
| Q2 25 | $12.2B | $391.5M | ||
| Q1 25 | $11.7B | $387.4M | ||
| Q4 24 | $11.5B | $355.9M | ||
| Q3 24 | $11.5B | $366.9M | ||
| Q2 24 | $11.3B | — | ||
| Q1 24 | $11.2B | $348.5M |
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 | $217.7M | $13.9M |
| Free Cash FlowOCF − Capex | $199.3M | $11.3M |
| FCF MarginFCF / Revenue | 108.1% | 8.2% |
| Capex IntensityCapex / Revenue | 10.0% | 1.9% |
| Cash ConversionOCF / Net Profit | 3.90× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $345.4M | $67.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.7M | $13.9M | ||
| Q3 25 | $39.5M | $11.3M | ||
| Q2 25 | $35.9M | $30.2M | ||
| Q1 25 | $83.1M | $20.7M | ||
| Q4 24 | $252.5M | $9.4M | ||
| Q3 24 | $58.1M | $11.3M | ||
| Q2 24 | $95.1M | — | ||
| Q1 24 | $61.0M | $-309.0K |
| Q4 25 | $199.3M | $11.3M | ||
| Q3 25 | $35.5M | $9.8M | ||
| Q2 25 | $31.8M | $27.2M | ||
| Q1 25 | $78.7M | $19.6M | ||
| Q4 24 | $231.2M | $8.5M | ||
| Q3 24 | $51.8M | $9.3M | ||
| Q2 24 | $90.4M | — | ||
| Q1 24 | $54.8M | $-2.0M |
| Q4 25 | 108.1% | 8.2% | ||
| Q3 25 | 19.1% | 6.4% | ||
| Q2 25 | 17.4% | 17.9% | ||
| Q1 25 | 44.1% | 13.6% | ||
| Q4 24 | 126.5% | 6.6% | ||
| Q3 24 | 29.6% | 6.7% | ||
| Q2 24 | 50.3% | — | ||
| Q1 24 | 31.4% | -1.4% |
| Q4 25 | 10.0% | 1.9% | ||
| Q3 25 | 2.1% | 1.0% | ||
| Q2 25 | 2.3% | 2.0% | ||
| Q1 25 | 2.4% | 0.8% | ||
| Q4 24 | 11.7% | 0.7% | ||
| Q3 24 | 3.6% | 1.5% | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 3.5% | 1.2% |
| Q4 25 | 3.90× | 2.81× | ||
| Q3 25 | 0.76× | 1.33× | ||
| Q2 25 | 0.69× | 3.65× | ||
| Q1 25 | 1.82× | 3.84× | ||
| Q4 24 | 5.02× | 7.16× | ||
| Q3 24 | 1.24× | 3.06× | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 1.23× | -0.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OFG
Segment breakdown not available.
STRT
| Door Handles And Exterior Trim | $35.0M | 25% |
| Power Access Solutions | $34.5M | 25% |
| Keys And Locksets | $26.8M | 19% |
| Latches | $16.3M | 12% |
| User Interface Controls | $12.5M | 9% |
| Aftermarket And Service | $9.4M | 7% |
| Other Product | $3.1M | 2% |
| Related Party | $1.3M | 1% |
