vs
Side-by-side financial comparison of Orion Properties Inc. (ONL) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.
Plymouth Industrial REIT, Inc. is the larger business by last-quarter revenue ($51.2M vs $35.2M, roughly 1.5× Orion Properties Inc.). Orion Properties Inc. runs the higher net margin — -101.7% vs -106.3%, a 4.6% gap on every dollar of revenue. On growth, Plymouth Industrial REIT, Inc. posted the faster year-over-year revenue change (-1.4% vs -8.2%). Over the past eight quarters, Plymouth Industrial REIT, Inc.'s revenue compounded faster (0.4% CAGR vs -13.6%).
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.
ONL vs PLYM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $51.2M |
| Net Profit | $-35.8M | $-54.4M |
| Gross Margin | — | — |
| Operating Margin | -101.5% | -102.5% |
| Net Margin | -101.7% | -106.3% |
| Revenue YoY | -8.2% | -1.4% |
| Net Profit YoY | -9.3% | -248.5% |
| EPS (diluted) | $-0.63 | $-1.23 |
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 | $35.2M | — | ||
| Q3 25 | $37.1M | $51.2M | ||
| Q2 25 | $37.3M | $47.2M | ||
| Q1 25 | $38.0M | $45.6M | ||
| Q4 24 | $38.4M | $47.6M | ||
| Q3 24 | $39.2M | $51.9M | ||
| Q2 24 | $40.1M | $48.7M | ||
| Q1 24 | $47.2M | $50.2M |
| Q4 25 | $-35.8M | — | ||
| Q3 25 | $-69.0M | $-54.4M | ||
| Q2 25 | $-25.1M | $-6.1M | ||
| Q1 25 | $-9.4M | $5.8M | ||
| Q4 24 | $-32.8M | $147.4M | ||
| Q3 24 | $-10.2M | $-15.6M | ||
| Q2 24 | $-33.8M | $1.3M | ||
| Q1 24 | $-26.2M | $6.2M |
| Q4 25 | -101.5% | — | ||
| Q3 25 | -185.8% | -102.5% | ||
| Q2 25 | -67.1% | -10.3% | ||
| Q1 25 | -24.4% | — | ||
| Q4 24 | -85.4% | — | ||
| Q3 24 | -25.9% | -29.6% | ||
| Q2 24 | -84.1% | 2.7% | ||
| Q1 24 | -55.4% | — |
| Q4 25 | -101.7% | — | ||
| Q3 25 | -186.0% | -106.3% | ||
| Q2 25 | -67.3% | -12.9% | ||
| Q1 25 | -24.6% | 12.8% | ||
| Q4 24 | -85.4% | 309.9% | ||
| Q3 24 | -26.1% | -30.1% | ||
| Q2 24 | -84.2% | 2.7% | ||
| Q1 24 | -55.6% | 12.4% |
| Q4 25 | $-0.63 | — | ||
| Q3 25 | $-1.23 | $-1.23 | ||
| Q2 25 | $-0.45 | $-0.14 | ||
| Q1 25 | $-0.17 | $0.13 | ||
| Q4 24 | $-0.59 | $3.24 | ||
| Q3 24 | $-0.18 | $-0.35 | ||
| Q2 24 | $-0.60 | $0.03 | ||
| Q1 24 | $-0.47 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $22.4M | — |
| Total DebtLower is stronger | $465.0M | — |
| Stockholders' EquityBook value | $623.2M | $470.1M |
| Total Assets | $1.2B | $1.6B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | — | ||
| Q3 25 | $32.6M | — | ||
| Q2 25 | $17.4M | — | ||
| Q1 25 | $9.4M | — | ||
| Q4 24 | $15.6M | — | ||
| Q3 24 | $16.6M | — | ||
| Q2 24 | $24.2M | — | ||
| Q1 24 | $23.6M | — |
| Q4 25 | $465.0M | — | ||
| Q3 25 | $483.0M | — | ||
| Q2 25 | $483.0M | — | ||
| Q1 25 | $505.0M | — | ||
| Q4 24 | $492.0M | $646.4M | ||
| Q3 24 | $485.0M | — | ||
| Q2 24 | $462.0M | — | ||
| Q1 24 | $471.0M | — |
| Q4 25 | $623.2M | — | ||
| Q3 25 | $658.8M | $470.1M | ||
| Q2 25 | $728.0M | $539.6M | ||
| Q1 25 | $753.5M | $571.0M | ||
| Q4 24 | $763.9M | $579.5M | ||
| Q3 24 | $800.9M | $436.5M | ||
| Q2 24 | $816.1M | $475.2M | ||
| Q1 24 | $854.6M | $484.6M |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.3B | $1.6B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.4B | $1.4B |
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.64× | 1.12× | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.55× | — |
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 | $23.6M | $20.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.6M | — | ||
| Q3 25 | $5.7M | $20.0M | ||
| Q2 25 | $11.6M | $23.4M | ||
| Q1 25 | $-2.2M | $15.6M | ||
| Q4 24 | $54.3M | $96.1M | ||
| Q3 24 | $13.8M | $17.6M | ||
| Q2 24 | $17.0M | $19.9M | ||
| Q1 24 | $11.0M | $16.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 15.12× | ||
| Q1 24 | — | 2.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
