vs

Side-by-side financial comparison of Pyxis Tankers Inc. (PXS) and WINMARK CORP (WINA). Click either name above to swap in a different company.

WINMARK CORP is the larger business by last-quarter revenue ($21.1M vs $17.0M, roughly 1.2× Pyxis Tankers Inc.). WINMARK CORP runs the higher net margin — 47.2% vs 31.3%, a 15.9% gap on every dollar of revenue.

Pyxis Tankers Inc. is an international maritime transport enterprise specializing in seaborne shipping of refined petroleum products and other bulk liquid cargoes. It operates a fleet of modern product tankers, serving global energy markets, with core business covering major trade routes across the Atlantic, Mediterranean and Asia-Pacific regions.

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...

PXS vs WINA — Head-to-Head

Bigger by revenue
WINA
WINA
1.2× larger
WINA
$21.1M
$17.0M
PXS
Higher net margin
WINA
WINA
15.9% more per $
WINA
47.2%
31.3%
PXS

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
PXS
PXS
WINA
WINA
Revenue
$17.0M
$21.1M
Net Profit
$5.3M
$10.0M
Gross Margin
Operating Margin
37.2%
61.7%
Net Margin
31.3%
47.2%
Revenue YoY
7.9%
Net Profit YoY
3.9%
EPS (diluted)
$0.44
$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
PXS
PXS
WINA
WINA
Q4 25
$21.1M
Q3 25
$22.6M
Q2 25
$20.4M
Q1 25
$21.9M
Q4 24
$19.5M
Q3 24
$21.5M
Q2 24
$20.1M
Q1 24
$20.1M
Net Profit
PXS
PXS
WINA
WINA
Q4 25
$10.0M
Q3 25
$11.1M
Q2 25
$10.6M
Q1 25
$10.0M
Q4 24
$9.6M
Q3 24
$11.1M
Q2 24
$10.4M
Q1 24
$8.8M
Operating Margin
PXS
PXS
WINA
WINA
Q4 25
61.7%
Q3 25
65.9%
Q2 25
64.0%
Q1 25
62.0%
Q4 24
65.3%
Q3 24
69.4%
Q2 24
64.7%
Q1 24
60.8%
Net Margin
PXS
PXS
WINA
WINA
Q4 25
47.2%
Q3 25
49.2%
Q2 25
51.9%
Q1 25
45.4%
Q4 24
49.0%
Q3 24
51.7%
Q2 24
51.8%
Q1 24
43.9%
EPS (diluted)
PXS
PXS
WINA
WINA
Q4 25
$2.68
Q3 25
$3.02
Q2 25
$2.89
Q1 25
$2.71
Q4 24
$2.60
Q3 24
$3.03
Q2 24
$2.85
Q1 24
$2.41

Balance Sheet & Financial Strength

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

Metric
PXS
PXS
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$4.3M
$10.3M
Total DebtLower is stronger
$67.3M
Stockholders' EquityBook value
$54.9M
$-53.7M
Total Assets
$138.1M
$24.9M
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PXS
PXS
WINA
WINA
Q4 25
$10.3M
Q3 25
$39.7M
Q2 25
$28.8M
Q1 25
$21.8M
Q4 24
$12.2M
Q3 24
$37.2M
Q2 24
$29.4M
Q1 24
$22.9M
Stockholders' Equity
PXS
PXS
WINA
WINA
Q4 25
$-53.7M
Q3 25
$-26.3M
Q2 25
$-36.8M
Q1 25
$-45.9M
Q4 24
$-51.0M
Q3 24
$-33.7M
Q2 24
$-42.2M
Q1 24
$-52.6M
Total Assets
PXS
PXS
WINA
WINA
Q4 25
$24.9M
Q3 25
$53.7M
Q2 25
$43.2M
Q1 25
$37.1M
Q4 24
$26.8M
Q3 24
$52.0M
Q2 24
$44.7M
Q1 24
$38.3M

Cash Flow & Capital Efficiency

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

Metric
PXS
PXS
WINA
WINA
Operating Cash FlowLast quarter
$2.4M
$8.5M
Free Cash FlowOCF − Capex
$8.5M
FCF MarginFCF / Revenue
40.3%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
0.45×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PXS
PXS
WINA
WINA
Q4 25
$8.5M
Q3 25
$12.3M
Q2 25
$9.0M
Q1 25
$15.1M
Q4 24
$8.5M
Q3 24
$12.1M
Q2 24
$8.2M
Q1 24
$13.4M
Free Cash Flow
PXS
PXS
WINA
WINA
Q4 25
$8.5M
Q3 25
$12.2M
Q2 25
$9.0M
Q1 25
$15.0M
Q4 24
Q3 24
$12.1M
Q2 24
$8.1M
Q1 24
$13.3M
FCF Margin
PXS
PXS
WINA
WINA
Q4 25
40.3%
Q3 25
53.8%
Q2 25
44.0%
Q1 25
68.6%
Q4 24
Q3 24
56.3%
Q2 24
40.4%
Q1 24
66.0%
Capex Intensity
PXS
PXS
WINA
WINA
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.5%
Q1 24
0.4%
Cash Conversion
PXS
PXS
WINA
WINA
Q4 25
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
0.88×
Q3 24
1.09×
Q2 24
0.79×
Q1 24
1.52×

Financial Flow Comparison

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

Related Comparisons