vs
Side-by-side financial comparison of P10, Inc. (PX) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $81.0M, roughly 1.9× P10, Inc.). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -4.7%). P10, Inc. produced more free cash flow last quarter ($18.1M vs $12.3M). Over the past eight quarters, P10, Inc.'s revenue compounded faster (10.7% CAGR vs 5.1%).
P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
PX vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $81.0M | $151.1M |
| Net Profit | $9.5M | — |
| Gross Margin | — | 17.8% |
| Operating Margin | 31.9% | 2.3% |
| Net Margin | 11.7% | — |
| Revenue YoY | -4.7% | 3.6% |
| Net Profit YoY | 79.0% | — |
| EPS (diluted) | $0.08 | $0.22 |
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 | $81.0M | $151.1M | ||
| Q3 25 | $75.9M | $126.8M | ||
| Q2 25 | $72.7M | $132.5M | ||
| Q1 25 | $67.7M | $135.7M | ||
| Q4 24 | $85.0M | $145.8M | ||
| Q3 24 | $74.2M | $122.3M | ||
| Q2 24 | $71.1M | $130.8M | ||
| Q1 24 | $66.1M | $136.8M |
| Q4 25 | $9.5M | — | ||
| Q3 25 | $2.1M | $1.6M | ||
| Q2 25 | $3.4M | $-17.2M | ||
| Q1 25 | $4.5M | $7.8M | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $1.4M | $4.7M | ||
| Q2 24 | $7.0M | $8.3M | ||
| Q1 24 | $5.0M | $7.1M |
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
| Q4 25 | 31.9% | 2.3% | ||
| Q3 25 | 14.1% | -2.7% | ||
| Q2 25 | 24.4% | -15.6% | ||
| Q1 25 | 16.6% | 6.2% | ||
| Q4 24 | 26.9% | 7.8% | ||
| Q3 24 | 11.9% | 3.1% | ||
| Q2 24 | 23.7% | 6.9% | ||
| Q1 24 | 18.3% | 5.5% |
| Q4 25 | 11.7% | — | ||
| Q3 25 | 2.8% | 1.2% | ||
| Q2 25 | 4.7% | -13.0% | ||
| Q1 25 | 6.7% | 5.7% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 1.9% | 3.9% | ||
| Q2 24 | 9.8% | 6.3% | ||
| Q1 24 | 7.6% | 5.2% |
| Q4 25 | $0.08 | $0.22 | ||
| Q3 25 | $0.02 | $0.10 | ||
| Q2 25 | $0.03 | $-1.05 | ||
| Q1 25 | $0.04 | $0.46 | ||
| Q4 24 | $0.05 | $0.62 | ||
| Q3 24 | $0.01 | $0.28 | ||
| Q2 24 | $0.06 | $0.47 | ||
| Q1 24 | $0.04 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $28.2M | $92.5M |
| Total DebtLower is stronger | $373.2M | — |
| Stockholders' EquityBook value | $403.5M | $283.8M |
| Total Assets | $928.3M | $342.0M |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.2M | $92.5M | ||
| Q3 25 | $40.0M | $80.8M | ||
| Q2 25 | $33.4M | $101.4M | ||
| Q1 25 | $74.4M | $108.3M | ||
| Q4 24 | $67.5M | $105.5M | ||
| Q3 24 | $61.5M | $96.0M | ||
| Q2 24 | $31.2M | $105.6M | ||
| Q1 24 | $29.0M | $115.3M |
| Q4 25 | $373.2M | — | ||
| Q3 25 | $393.4M | — | ||
| Q2 25 | $373.0M | — | ||
| Q1 25 | $357.2M | — | ||
| Q4 24 | $319.8M | — | ||
| Q3 24 | $319.4M | — | ||
| Q2 24 | $300.6M | — | ||
| Q1 24 | $314.0M | — |
| Q4 25 | $403.5M | $283.8M | ||
| Q3 25 | $396.8M | $279.6M | ||
| Q2 25 | $388.9M | $289.3M | ||
| Q1 25 | $374.3M | $321.5M | ||
| Q4 24 | $386.9M | $319.6M | ||
| Q3 24 | $394.1M | $314.9M | ||
| Q2 24 | $396.9M | $321.5M | ||
| Q1 24 | $400.1M | $332.0M |
| Q4 25 | $928.3M | $342.0M | ||
| Q3 25 | $936.0M | $342.3M | ||
| Q2 25 | $932.2M | $349.5M | ||
| Q1 25 | $877.4M | $379.0M | ||
| Q4 24 | $869.3M | $384.0M | ||
| Q3 24 | $857.0M | $373.5M | ||
| Q2 24 | $823.2M | $376.7M | ||
| Q1 24 | $832.8M | $385.0M |
| Q4 25 | 0.93× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 0.96× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 0.83× | — | ||
| Q3 24 | 0.81× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | 0.78× | — |
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 | $23.0M | $15.5M |
| Free Cash FlowOCF − Capex | $18.1M | $12.3M |
| FCF MarginFCF / Revenue | 22.3% | 8.2% |
| Capex IntensityCapex / Revenue | 6.0% | 2.1% |
| Cash ConversionOCF / Net Profit | 2.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.1M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.0M | $15.5M | ||
| Q3 25 | $-8.6M | $12.9M | ||
| Q2 25 | $13.4M | $14.7M | ||
| Q1 25 | $-4.7M | $11.1M | ||
| Q4 24 | $101.0M | $20.0M | ||
| Q3 24 | $27.5M | $9.4M | ||
| Q2 24 | $34.8M | $18.7M | ||
| Q1 24 | $11.0M | $7.3M |
| Q4 25 | $18.1M | $12.3M | ||
| Q3 25 | $-9.5M | $7.0M | ||
| Q2 25 | $11.6M | $9.1M | ||
| Q1 25 | $-6.0M | $10.0M | ||
| Q4 24 | $96.6M | $16.4M | ||
| Q3 24 | $25.2M | $2.6M | ||
| Q2 24 | $33.9M | $10.1M | ||
| Q1 24 | $10.7M | $5.6M |
| Q4 25 | 22.3% | 8.2% | ||
| Q3 25 | -12.6% | 5.5% | ||
| Q2 25 | 15.9% | 6.9% | ||
| Q1 25 | -8.9% | 7.4% | ||
| Q4 24 | 113.6% | 11.2% | ||
| Q3 24 | 34.0% | 2.1% | ||
| Q2 24 | 47.7% | 7.7% | ||
| Q1 24 | 16.2% | 4.1% |
| Q4 25 | 6.0% | 2.1% | ||
| Q3 25 | 1.2% | 4.6% | ||
| Q2 25 | 2.5% | 4.2% | ||
| Q1 25 | 1.9% | 0.8% | ||
| Q4 24 | 5.2% | 2.5% | ||
| Q3 24 | 3.0% | 5.5% | ||
| Q2 24 | 1.3% | 6.6% | ||
| Q1 24 | 0.4% | 1.3% |
| Q4 25 | 2.43× | — | ||
| Q3 25 | -4.01× | 8.15× | ||
| Q2 25 | 3.96× | — | ||
| Q1 25 | -1.05× | 1.43× | ||
| Q4 24 | 19.12× | — | ||
| Q3 24 | 19.54× | 1.98× | ||
| Q2 24 | 4.98× | 2.27× | ||
| Q1 24 | 2.18× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PX
| Management Fees | $78.1M | 96% |
| Advisory Fees | $1.8M | 2% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
