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Side-by-side financial comparison of READING INTERNATIONAL INC (RDI) and Whitestone REIT (WSR). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $43.9M, roughly 1.1× Whitestone REIT). Whitestone REIT runs the higher net margin — 52.0% vs -5.1%, a 57.1% gap on every dollar of revenue. On growth, Whitestone REIT posted the faster year-over-year revenue change (7.5% vs -14.2%). Whitestone REIT produced more free cash flow last quarter ($50.5M vs $4.1M). Over the past eight quarters, Whitestone REIT's revenue compounded faster (8.7% CAGR vs 5.6%).
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.
RDI vs WSR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.3M | $43.9M |
| Net Profit | $-2.6M | $22.8M |
| Gross Margin | — | — |
| Operating Margin | -1.9% | 53.0% |
| Net Margin | -5.1% | 52.0% |
| Revenue YoY | -14.2% | 7.5% |
| Net Profit YoY | -14.5% | 31.7% |
| EPS (diluted) | $-0.11 | $0.43 |
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 | $50.3M | $43.9M | ||
| Q3 25 | $52.2M | $41.0M | ||
| Q2 25 | $60.4M | $37.9M | ||
| Q1 25 | $40.2M | $38.0M | ||
| Q4 24 | $58.6M | $40.8M | ||
| Q3 24 | $60.1M | $38.6M | ||
| Q2 24 | $46.8M | $37.6M | ||
| Q1 24 | $45.1M | $37.2M |
| Q4 25 | $-2.6M | $22.8M | ||
| Q3 25 | $-4.2M | $18.3M | ||
| Q2 25 | $-2.7M | $5.1M | ||
| Q1 25 | $-4.8M | $3.7M | ||
| Q4 24 | $-2.2M | $17.3M | ||
| Q3 24 | $-7.0M | $7.6M | ||
| Q2 24 | $-12.8M | $2.6M | ||
| Q1 24 | $-13.2M | $9.3M |
| Q4 25 | -1.9% | 53.0% | ||
| Q3 25 | -0.6% | 45.5% | ||
| Q2 25 | 4.8% | 13.8% | ||
| Q1 25 | -17.2% | 10.2% | ||
| Q4 24 | 2.6% | 43.3% | ||
| Q3 24 | -0.6% | 20.3% | ||
| Q2 24 | -16.4% | 7.2% | ||
| Q1 24 | -16.7% | 25.9% |
| Q4 25 | -5.1% | 52.0% | ||
| Q3 25 | -8.0% | 44.7% | ||
| Q2 25 | -4.4% | 13.3% | ||
| Q1 25 | -11.8% | 9.7% | ||
| Q4 24 | -3.8% | 42.5% | ||
| Q3 24 | -11.7% | 19.7% | ||
| Q2 24 | -27.4% | 6.9% | ||
| Q1 24 | -29.4% | 25.1% |
| Q4 25 | $-0.11 | $0.43 | ||
| Q3 25 | $-0.18 | $0.35 | ||
| Q2 25 | $-0.12 | $0.10 | ||
| Q1 25 | $-0.21 | $0.07 | ||
| Q4 24 | $-0.11 | $0.34 | ||
| Q3 24 | $-0.31 | $0.15 | ||
| Q2 24 | $-0.57 | $0.05 | ||
| Q1 24 | $-0.59 | $0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.5M | $4.9M |
| Total DebtLower is stronger | $185.1M | $649.4M |
| Stockholders' EquityBook value | $-18.2M | $458.1M |
| Total Assets | $434.9M | $1.2B |
| Debt / EquityLower = less leverage | — | 1.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.5M | $4.9M | ||
| Q3 25 | $8.1M | $6.8M | ||
| Q2 25 | $9.1M | $5.3M | ||
| Q1 25 | $5.9M | $5.6M | ||
| Q4 24 | $12.4M | $5.2M | ||
| Q3 24 | $10.1M | $2.5M | ||
| Q2 24 | $9.3M | $3.2M | ||
| Q1 24 | $7.5M | $6.2M |
| Q4 25 | $185.1M | $649.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $202.7M | $632.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-18.2M | $458.1M | ||
| Q3 25 | $-12.1M | $439.5M | ||
| Q2 25 | $-7.7M | $427.5M | ||
| Q1 25 | $-8.1M | $431.0M | ||
| Q4 24 | $-4.4M | $438.2M | ||
| Q3 24 | $1.6M | $419.5M | ||
| Q2 24 | $6.5M | $418.3M | ||
| Q1 24 | $18.0M | $421.6M |
| Q4 25 | $434.9M | $1.2B | ||
| Q3 25 | $435.2M | $1.1B | ||
| Q2 25 | $438.1M | $1.2B | ||
| Q1 25 | $441.0M | $1.1B | ||
| Q4 24 | $471.0M | $1.1B | ||
| Q3 24 | $495.7M | $1.1B | ||
| Q2 24 | $494.9M | $1.1B | ||
| Q1 24 | $494.9M | $1.1B |
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.3M | $50.8M |
| Free Cash FlowOCF − Capex | $4.1M | $50.5M |
| FCF MarginFCF / Revenue | 8.2% | 114.9% |
| Capex IntensityCapex / Revenue | 0.3% | 0.7% |
| Cash ConversionOCF / Net Profit | — | 2.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-2.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.3M | $50.8M | ||
| Q3 25 | $295.0K | $18.0M | ||
| Q2 25 | $1.6M | $13.8M | ||
| Q1 25 | $-7.7M | $3.1M | ||
| Q4 24 | $8.0M | $58.2M | ||
| Q3 24 | $1.3M | $16.4M | ||
| Q2 24 | $-10.4M | $12.3M | ||
| Q1 24 | $-2.8M | $11.5M |
| Q4 25 | $4.1M | $50.5M | ||
| Q3 25 | $-246.0K | — | ||
| Q2 25 | $1.2M | — | ||
| Q1 25 | $-8.0M | — | ||
| Q4 24 | $7.0M | $58.0M | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $-10.6M | — | ||
| Q1 24 | $-4.7M | — |
| Q4 25 | 8.2% | 114.9% | ||
| Q3 25 | -0.5% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | -19.8% | — | ||
| Q4 24 | 12.0% | 142.1% | ||
| Q3 24 | -1.8% | — | ||
| Q2 24 | -22.7% | — | ||
| Q1 24 | -10.4% | — |
| Q4 25 | 0.3% | 0.7% | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 1.7% | 0.5% | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 4.3% | — |
| Q4 25 | — | 2.22× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 2.74× | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | 3.36× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | — | 4.73× | ||
| Q1 24 | — | 1.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
WSR
Segment breakdown not available.
