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Side-by-side financial comparison of Ponce Financial Group, Inc. (PDLB) and Perma-Pipe International Holdings, Inc. (PPIH). Click either name above to swap in a different company.
Perma-Pipe International Holdings, Inc. is the larger business by last-quarter revenue ($61.1M vs $31.4M, roughly 1.9× Ponce Financial Group, Inc.). Ponce Financial Group, Inc. runs the higher net margin — 36.3% vs 10.3%, a 26.0% gap on every dollar of revenue. On growth, Perma-Pipe International Holdings, Inc. posted the faster year-over-year revenue change (47.1% vs 37.6%). Ponce Financial Group, Inc. produced more free cash flow last quarter ($54.6M vs $12.4M). Over the past eight quarters, Ponce Financial Group, Inc.'s revenue compounded faster (23.7% CAGR vs 23.4%).
Ponce Financial Group, Inc. is a U.S.-based financial holding company operating Ponce Bank as its core subsidiary. It serves multicultural, immigrant and low-to-moderate income communities in the New York metro area, offering retail and commercial banking products including deposits, mortgages, small business financing and personal credit.
Perma-Pipe International Holdings, Inc. designs, manufactures and supplies pre-insulated piping systems and integrated leak detection solutions. Its offerings cater to oil & gas, district heating and cooling, industrial, and municipal infrastructure segments, with a global footprint spanning North America, the Middle East, Europe and Asia.
PDLB vs PPIH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $31.4M | $61.1M |
| Net Profit | $10.1M | $6.3M |
| Gross Margin | — | 34.4% |
| Operating Margin | 43.6% | 18.6% |
| Net Margin | 36.3% | 10.3% |
| Revenue YoY | 37.6% | 47.1% |
| Net Profit YoY | 245.6% | 153.5% |
| EPS (diluted) | $0.43 | $0.77 |
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 | $31.4M | $61.1M | ||
| Q3 25 | $26.7M | $47.9M | ||
| Q2 25 | $26.5M | $46.7M | ||
| Q1 25 | $24.6M | $45.0M | ||
| Q4 24 | $22.8M | $41.6M | ||
| Q3 24 | $20.2M | $37.5M | ||
| Q2 24 | $20.2M | $34.3M | ||
| Q1 24 | $20.5M | $40.2M |
| Q4 25 | $10.1M | $6.3M | ||
| Q3 25 | $6.5M | $851.0K | ||
| Q2 25 | $6.1M | $5.0M | ||
| Q1 25 | $6.0M | $1.8M | ||
| Q4 24 | $2.9M | $2.5M | ||
| Q3 24 | $2.4M | $3.3M | ||
| Q2 24 | $3.2M | $1.4M | ||
| Q1 24 | $2.4M | $8.6M |
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 33.7% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | — | 30.6% | ||
| Q1 24 | — | 30.0% |
| Q4 25 | 43.6% | 18.6% | ||
| Q3 25 | 32.8% | 6.7% | ||
| Q2 25 | 30.2% | 16.9% | ||
| Q1 25 | 32.5% | 12.1% | ||
| Q4 24 | 19.6% | 13.4% | ||
| Q3 24 | 15.2% | 16.4% | ||
| Q2 24 | 21.8% | 9.1% | ||
| Q1 24 | 18.3% | 11.3% |
| Q4 25 | 36.3% | 10.3% | ||
| Q3 25 | 24.3% | 1.8% | ||
| Q2 25 | 23.0% | 10.6% | ||
| Q1 25 | 24.2% | 3.9% | ||
| Q4 24 | 14.1% | 6.0% | ||
| Q3 24 | 12.1% | 8.8% | ||
| Q2 24 | 15.8% | 4.2% | ||
| Q1 24 | 11.8% | 21.5% |
| Q4 25 | $0.43 | $0.77 | ||
| Q3 25 | $0.27 | $0.10 | ||
| Q2 25 | $0.25 | $0.61 | ||
| Q1 25 | $0.25 | $0.23 | ||
| Q4 24 | $0.11 | $0.31 | ||
| Q3 24 | $0.10 | $0.40 | ||
| Q2 24 | $0.14 | $0.18 | ||
| Q1 24 | $0.11 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $126.2M | $27.2M |
| Total DebtLower is stronger | $596.1M | $12.7M |
| Stockholders' EquityBook value | $541.5M | $85.8M |
| Total Assets | $3.2B | $217.0M |
| Debt / EquityLower = less leverage | 1.10× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $126.2M | $27.2M | ||
| Q3 25 | $146.6M | $17.3M | ||
| Q2 25 | $126.6M | $18.8M | ||
| Q1 25 | $129.9M | $15.7M | ||
| Q4 24 | $139.8M | $13.3M | ||
| Q3 24 | $155.8M | $9.5M | ||
| Q2 24 | $103.2M | $7.7M | ||
| Q1 24 | $134.7M | $5.8M |
| Q4 25 | $596.1M | $12.7M | ||
| Q3 25 | $521.1M | — | ||
| Q2 25 | $536.1M | — | ||
| Q1 25 | $521.1M | $15.2M | ||
| Q4 24 | $596.1M | — | ||
| Q3 24 | $580.4M | — | ||
| Q2 24 | $680.4M | — | ||
| Q1 24 | $680.4M | $15.2M |
| Q4 25 | $541.5M | $85.8M | ||
| Q3 25 | $529.8M | $80.2M | ||
| Q2 25 | $521.1M | $77.9M | ||
| Q1 25 | $513.9M | $72.1M | ||
| Q4 24 | $505.5M | $71.2M | ||
| Q3 24 | $504.6M | $68.6M | ||
| Q2 24 | $497.7M | $65.5M | ||
| Q1 24 | $493.7M | $65.7M |
| Q4 25 | $3.2B | $217.0M | ||
| Q3 25 | $3.2B | $189.0M | ||
| Q2 25 | $3.2B | $178.3M | ||
| Q1 25 | $3.1B | $165.2M | ||
| Q4 24 | $3.0B | $160.7M | ||
| Q3 24 | $3.0B | $157.8M | ||
| Q2 24 | $2.8B | $155.7M | ||
| Q1 24 | $2.8B | $155.7M |
| Q4 25 | 1.10× | 0.15× | ||
| Q3 25 | 0.98× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.01× | 0.21× | ||
| Q4 24 | 1.18× | — | ||
| Q3 24 | 1.15× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.38× | 0.23× |
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 | $55.6M | $17.3M |
| Free Cash FlowOCF − Capex | $54.6M | $12.4M |
| FCF MarginFCF / Revenue | 173.9% | 20.2% |
| Capex IntensityCapex / Revenue | 3.1% | 8.1% |
| Cash ConversionOCF / Net Profit | 5.48× | 2.74× |
| TTM Free Cash FlowTrailing 4 quarters | $74.3M | $12.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $55.6M | $17.3M | ||
| Q3 25 | $1.4M | $-2.0M | ||
| Q2 25 | $6.2M | $733.0K | ||
| Q1 25 | $13.1M | $6.0M | ||
| Q4 24 | $7.2M | $5.2M | ||
| Q3 24 | $-14.6M | $2.8M | ||
| Q2 24 | $-2.6M | $-73.0K | ||
| Q1 24 | $1.5M | $7.1M |
| Q4 25 | $54.6M | $12.4M | ||
| Q3 25 | $786.0K | $-4.6M | ||
| Q2 25 | $5.9M | $-194.0K | ||
| Q1 25 | $12.9M | $4.7M | ||
| Q4 24 | $4.5M | $4.8M | ||
| Q3 24 | $-15.0M | $2.2M | ||
| Q2 24 | $-2.6M | $-662.0K | ||
| Q1 24 | $-315.0K | $4.2M |
| Q4 25 | 173.9% | 20.2% | ||
| Q3 25 | 2.9% | -9.6% | ||
| Q2 25 | 22.4% | -0.4% | ||
| Q1 25 | 52.6% | 10.5% | ||
| Q4 24 | 19.7% | 11.6% | ||
| Q3 24 | -74.1% | 5.8% | ||
| Q2 24 | -13.0% | -1.9% | ||
| Q1 24 | -1.5% | 10.5% |
| Q4 25 | 3.1% | 8.1% | ||
| Q3 25 | 2.3% | 5.3% | ||
| Q2 25 | 1.0% | 2.0% | ||
| Q1 25 | 0.6% | 2.9% | ||
| Q4 24 | 11.9% | 0.8% | ||
| Q3 24 | 2.0% | 1.7% | ||
| Q2 24 | 0.3% | 1.7% | ||
| Q1 24 | 8.7% | 7.2% |
| Q4 25 | 5.48× | 2.74× | ||
| Q3 25 | 0.21× | -2.40× | ||
| Q2 25 | 1.01× | 0.15× | ||
| Q1 25 | 2.20× | 3.42× | ||
| Q4 24 | 2.46× | 2.07× | ||
| Q3 24 | -5.99× | 0.86× | ||
| Q2 24 | -0.80× | -0.05× | ||
| Q1 24 | 0.61× | 0.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
