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Side-by-side financial comparison of Performance Shipping Inc. (PSHG) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

Performance Shipping Inc. is the larger business by last-quarter revenue ($39.5M vs $35.3M, roughly 1.1× UNITY BANCORP INC). Performance Shipping Inc. runs the higher net margin — 97.5% vs 43.9%, a 53.7% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -7.9%).

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

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

PSHG vs UNTY — Head-to-Head

Bigger by revenue
PSHG
PSHG
1.1× larger
PSHG
$39.5M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+32.1% gap
UNTY
24.2%
-7.9%
PSHG
Higher net margin
PSHG
PSHG
53.7% more per $
PSHG
97.5%
43.9%
UNTY

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
PSHG
PSHG
UNTY
UNTY
Revenue
$39.5M
$35.3M
Net Profit
$38.5M
$15.5M
Gross Margin
Operating Margin
93.3%
55.8%
Net Margin
97.5%
43.9%
Revenue YoY
-7.9%
24.2%
Net Profit YoY
78.1%
34.5%
EPS (diluted)
$1.00
$1.52

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
PSHG
PSHG
UNTY
UNTY
Q4 25
$35.3M
Q3 25
$32.8M
Q2 25
$39.5M
$34.4M
Q1 25
$29.4M
Q4 24
$28.4M
Q3 24
$27.7M
Q2 24
$42.9M
$25.5M
Q1 24
$25.6M
Net Profit
PSHG
PSHG
UNTY
UNTY
Q4 25
$15.5M
Q3 25
$14.4M
Q2 25
$38.5M
$16.5M
Q1 25
$11.6M
Q4 24
$11.5M
Q3 24
$10.9M
Q2 24
$21.6M
$9.5M
Q1 24
$9.6M
Operating Margin
PSHG
PSHG
UNTY
UNTY
Q4 25
55.8%
Q3 25
57.5%
Q2 25
93.3%
62.6%
Q1 25
52.6%
Q4 24
51.0%
Q3 24
52.7%
Q2 24
49.1%
49.3%
Q1 24
50.0%
Net Margin
PSHG
PSHG
UNTY
UNTY
Q4 25
43.9%
Q3 25
43.8%
Q2 25
97.5%
48.0%
Q1 25
39.5%
Q4 24
40.5%
Q3 24
39.4%
Q2 24
50.4%
37.1%
Q1 24
37.5%
EPS (diluted)
PSHG
PSHG
UNTY
UNTY
Q4 25
$1.52
Q3 25
$1.41
Q2 25
$1.00
$1.61
Q1 25
$1.13
Q4 24
$1.13
Q3 24
$1.07
Q2 24
$0.55
$0.92
Q1 24
$0.94

Balance Sheet & Financial Strength

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

Metric
PSHG
PSHG
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$95.8M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$312.8M
$345.6M
Total Assets
$363.8M
$3.0B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSHG
PSHG
UNTY
UNTY
Q4 25
Q3 25
Q2 25
$95.8M
Q1 25
Q4 24
Q3 24
Q2 24
$61.7M
Q1 24
Total Debt
PSHG
PSHG
UNTY
UNTY
Q4 25
Q3 25
Q2 25
$43.7M
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
$51.2M
Q1 24
Stockholders' Equity
PSHG
PSHG
UNTY
UNTY
Q4 25
$345.6M
Q3 25
$334.0M
Q2 25
$312.8M
$319.8M
Q1 25
$306.1M
Q4 24
$295.6M
Q3 24
$284.3M
Q2 24
$254.0M
$273.4M
Q1 24
$266.8M
Total Assets
PSHG
PSHG
UNTY
UNTY
Q4 25
$3.0B
Q3 25
$2.9B
Q2 25
$363.8M
$2.9B
Q1 25
$2.8B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$310.5M
$2.6B
Q1 24
$2.6B
Debt / Equity
PSHG
PSHG
UNTY
UNTY
Q4 25
Q3 25
Q2 25
0.14×
Q1 25
Q4 24
0.78×
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
PSHG
PSHG
UNTY
UNTY
Operating Cash FlowLast quarter
$26.8M
$44.9M
Free Cash FlowOCF − Capex
$44.3M
FCF MarginFCF / Revenue
125.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.70×
2.90×
TTM Free Cash FlowTrailing 4 quarters
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSHG
PSHG
UNTY
UNTY
Q4 25
$44.9M
Q3 25
$45.5M
Q2 25
$26.8M
$-25.3M
Q1 25
$17.9M
Q4 24
$48.0M
Q3 24
$17.7M
Q2 24
$31.7M
$-8.4M
Q1 24
$15.8M
Free Cash Flow
PSHG
PSHG
UNTY
UNTY
Q4 25
$44.3M
Q3 25
$45.3M
Q2 25
$-25.5M
Q1 25
$17.6M
Q4 24
$47.3M
Q3 24
$17.5M
Q2 24
$-8.6M
Q1 24
$15.7M
FCF Margin
PSHG
PSHG
UNTY
UNTY
Q4 25
125.7%
Q3 25
138.1%
Q2 25
-74.2%
Q1 25
59.9%
Q4 24
166.5%
Q3 24
63.3%
Q2 24
-33.7%
Q1 24
61.4%
Capex Intensity
PSHG
PSHG
UNTY
UNTY
Q4 25
1.6%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
1.0%
Q4 24
2.4%
Q3 24
0.5%
Q2 24
0.0%
0.5%
Q1 24
0.3%
Cash Conversion
PSHG
PSHG
UNTY
UNTY
Q4 25
2.90×
Q3 25
3.16×
Q2 25
0.70×
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
1.47×
-0.89×
Q1 24
1.64×

Financial Flow Comparison

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

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