vs

Side-by-side financial comparison of Postal Realty Trust, Inc. (PSTL) and WINMARK CORP (WINA). Click either name above to swap in a different company.

Postal Realty Trust, Inc. is the larger business by last-quarter revenue ($26.0M vs $21.1M, roughly 1.2× WINMARK CORP). WINMARK CORP runs the higher net margin — 47.2% vs 17.9%, a 29.4% gap on every dollar of revenue. On growth, Postal Realty Trust, Inc. posted the faster year-over-year revenue change (21.7% vs 7.9%). Postal Realty Trust, Inc. produced more free cash flow last quarter ($37.6M vs $8.5M). Over the past eight quarters, Postal Realty Trust, Inc.'s revenue compounded faster (22.6% CAGR vs 2.4%).

Postal Realty Trust, Inc. is a specialized real estate investment trust that acquires, owns, and manages properties primarily leased to the United States Postal Service. Its portfolio includes last-mile postal facilities, sorting centers, and retail post office locations across the U.S., supporting critical mail and package delivery infrastructure.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

PSTL vs WINA — Head-to-Head

Bigger by revenue
PSTL
PSTL
1.2× larger
PSTL
$26.0M
$21.1M
WINA
Growing faster (revenue YoY)
PSTL
PSTL
+13.8% gap
PSTL
21.7%
7.9%
WINA
Higher net margin
WINA
WINA
29.4% more per $
WINA
47.2%
17.9%
PSTL
More free cash flow
PSTL
PSTL
$29.1M more FCF
PSTL
$37.6M
$8.5M
WINA
Faster 2-yr revenue CAGR
PSTL
PSTL
Annualised
PSTL
22.6%
2.4%
WINA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PSTL
PSTL
WINA
WINA
Revenue
$26.0M
$21.1M
Net Profit
$4.6M
$10.0M
Gross Margin
Operating Margin
39.2%
61.7%
Net Margin
17.9%
47.2%
Revenue YoY
21.7%
7.9%
Net Profit YoY
3.1%
3.9%
EPS (diluted)
$0.16
$2.68

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
PSTL
PSTL
WINA
WINA
Q4 25
$26.0M
$21.1M
Q3 25
$24.3M
$22.6M
Q2 25
$23.4M
$20.4M
Q1 25
$22.1M
$21.9M
Q4 24
$21.4M
$19.5M
Q3 24
$19.7M
$21.5M
Q2 24
$18.1M
$20.1M
Q1 24
$17.3M
$20.1M
Net Profit
PSTL
PSTL
WINA
WINA
Q4 25
$4.6M
$10.0M
Q3 25
$3.8M
$11.1M
Q2 25
$3.6M
$10.6M
Q1 25
$2.1M
$10.0M
Q4 24
$4.5M
$9.6M
Q3 24
$1.1M
$11.1M
Q2 24
$817.0K
$10.4M
Q1 24
$206.0K
$8.8M
Operating Margin
PSTL
PSTL
WINA
WINA
Q4 25
39.2%
61.7%
Q3 25
37.6%
65.9%
Q2 25
37.3%
64.0%
Q1 25
28.4%
62.0%
Q4 24
43.2%
65.3%
Q3 24
24.3%
69.4%
Q2 24
22.8%
64.7%
Q1 24
17.6%
60.8%
Net Margin
PSTL
PSTL
WINA
WINA
Q4 25
17.9%
47.2%
Q3 25
15.7%
49.2%
Q2 25
15.5%
51.9%
Q1 25
9.4%
45.4%
Q4 24
21.1%
49.0%
Q3 24
5.4%
51.7%
Q2 24
4.5%
51.8%
Q1 24
1.2%
43.9%
EPS (diluted)
PSTL
PSTL
WINA
WINA
Q4 25
$0.16
$2.68
Q3 25
$0.13
$3.02
Q2 25
$0.12
$2.89
Q1 25
$0.06
$2.71
Q4 24
$0.17
$2.60
Q3 24
$0.03
$3.03
Q2 24
$0.02
$2.85
Q1 24
$-0.01
$2.41

Balance Sheet & Financial Strength

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

Metric
PSTL
PSTL
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$1.5M
$10.3M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$285.2M
$-53.7M
Total Assets
$759.1M
$24.9M
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSTL
PSTL
WINA
WINA
Q4 25
$1.5M
$10.3M
Q3 25
$1.9M
$39.7M
Q2 25
$1.1M
$28.8M
Q1 25
$639.0K
$21.8M
Q4 24
$1.8M
$12.2M
Q3 24
$970.0K
$37.2M
Q2 24
$1.7M
$29.4M
Q1 24
$1.9M
$22.9M
Total Debt
PSTL
PSTL
WINA
WINA
Q4 25
$361.1M
Q3 25
$347.0M
Q2 25
$328.8M
Q1 25
$306.7M
Q4 24
$296.7M
Q3 24
$277.0M
Q2 24
$273.7M
Q1 24
$247.6M
Stockholders' Equity
PSTL
PSTL
WINA
WINA
Q4 25
$285.2M
$-53.7M
Q3 25
$273.9M
$-26.3M
Q2 25
$250.8M
$-36.8M
Q1 25
$245.5M
$-45.9M
Q4 24
$251.3M
$-51.0M
Q3 24
$245.6M
$-33.7M
Q2 24
$245.5M
$-42.2M
Q1 24
$248.1M
$-52.6M
Total Assets
PSTL
PSTL
WINA
WINA
Q4 25
$759.1M
$24.9M
Q3 25
$735.2M
$53.7M
Q2 25
$689.8M
$43.2M
Q1 25
$654.0M
$37.1M
Q4 24
$646.8M
$26.8M
Q3 24
$615.1M
$52.0M
Q2 24
$608.2M
$44.7M
Q1 24
$584.1M
$38.3M
Debt / Equity
PSTL
PSTL
WINA
WINA
Q4 25
1.27×
Q3 25
1.27×
Q2 25
1.31×
Q1 25
1.25×
Q4 24
1.18×
Q3 24
1.13×
Q2 24
1.11×
Q1 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PSTL
PSTL
WINA
WINA
Operating Cash FlowLast quarter
$44.5M
$8.5M
Free Cash FlowOCF − Capex
$37.6M
$8.5M
FCF MarginFCF / Revenue
144.5%
40.3%
Capex IntensityCapex / Revenue
26.7%
0.1%
Cash ConversionOCF / Net Profit
9.59×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$65.6M
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSTL
PSTL
WINA
WINA
Q4 25
$44.5M
$8.5M
Q3 25
$10.9M
$12.3M
Q2 25
$11.4M
$9.0M
Q1 25
$10.8M
$15.1M
Q4 24
$33.5M
$8.5M
Q3 24
$8.0M
$12.1M
Q2 24
$9.9M
$8.2M
Q1 24
$6.4M
$13.4M
Free Cash Flow
PSTL
PSTL
WINA
WINA
Q4 25
$37.6M
$8.5M
Q3 25
$8.8M
$12.2M
Q2 25
$9.1M
$9.0M
Q1 25
$10.2M
$15.0M
Q4 24
$30.7M
Q3 24
$7.4M
$12.1M
Q2 24
$8.9M
$8.1M
Q1 24
$5.8M
$13.3M
FCF Margin
PSTL
PSTL
WINA
WINA
Q4 25
144.5%
40.3%
Q3 25
36.1%
53.8%
Q2 25
38.8%
44.0%
Q1 25
45.9%
68.6%
Q4 24
143.8%
Q3 24
37.6%
56.3%
Q2 24
49.4%
40.4%
Q1 24
33.6%
66.0%
Capex Intensity
PSTL
PSTL
WINA
WINA
Q4 25
26.7%
0.1%
Q3 25
8.9%
0.3%
Q2 25
10.1%
0.3%
Q1 25
3.0%
0.2%
Q4 24
13.0%
0.0%
Q3 24
3.2%
0.0%
Q2 24
5.4%
0.5%
Q1 24
3.5%
0.4%
Cash Conversion
PSTL
PSTL
WINA
WINA
Q4 25
9.59×
0.86×
Q3 25
2.87×
1.10×
Q2 25
3.16×
0.85×
Q1 25
5.20×
1.51×
Q4 24
7.44×
0.88×
Q3 24
7.48×
1.09×
Q2 24
12.10×
0.79×
Q1 24
31.07×
1.52×

Financial Flow Comparison

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

Related Comparisons