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Side-by-side financial comparison of RING ENERGY, INC. (REI) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $57.8M, roughly 1.2× WASHINGTON TRUST BANCORP INC). Over the past eight quarters, WASHINGTON TRUST BANCORP INC's revenue compounded faster (9.5% CAGR vs -15.9%).

Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

REI vs WASH — Head-to-Head

Bigger by revenue
REI
REI
1.2× larger
REI
$66.9M
$57.8M
WASH
Faster 2-yr revenue CAGR
WASH
WASH
Annualised
WASH
9.5%
-15.9%
REI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
REI
REI
WASH
WASH
Revenue
$66.9M
$57.8M
Net Profit
$12.6M
Gross Margin
Operating Margin
-37.6%
Net Margin
21.8%
Revenue YoY
-19.8%
Net Profit YoY
3.5%
EPS (diluted)
$-0.07
$0.66

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
REI
REI
WASH
WASH
Q1 26
$57.8M
Q4 25
$66.9M
$59.3M
Q3 25
$78.6M
$56.5M
Q2 25
$82.6M
$54.3M
Q1 25
$79.1M
$59.1M
Q4 24
$83.4M
$12.4M
Q3 24
$89.2M
$48.5M
Q2 24
$99.1M
$48.2M
Net Profit
REI
REI
WASH
WASH
Q1 26
$12.6M
Q4 25
$16.0M
Q3 25
$-51.6M
$10.8M
Q2 25
$20.6M
$13.2M
Q1 25
$9.1M
$12.2M
Q4 24
$-60.8M
Q3 24
$33.9M
$11.0M
Q2 24
$22.4M
$10.8M
Operating Margin
REI
REI
WASH
WASH
Q1 26
Q4 25
-37.6%
34.9%
Q3 25
-70.0%
24.7%
Q2 25
28.4%
31.6%
Q1 25
28.3%
26.5%
Q4 24
28.3%
-648.7%
Q3 24
33.4%
28.5%
Q2 24
42.2%
28.7%
Net Margin
REI
REI
WASH
WASH
Q1 26
21.8%
Q4 25
27.0%
Q3 25
-65.7%
19.2%
Q2 25
25.0%
24.4%
Q1 25
11.5%
20.6%
Q4 24
-491.4%
Q3 24
38.0%
22.6%
Q2 24
22.6%
22.4%
EPS (diluted)
REI
REI
WASH
WASH
Q1 26
$0.66
Q4 25
$-0.07
$0.84
Q3 25
$-0.25
$0.56
Q2 25
$0.10
$0.68
Q1 25
$0.05
$0.63
Q4 24
$0.03
$-3.54
Q3 24
$0.17
$0.64
Q2 24
$0.11
$0.63

Balance Sheet & Financial Strength

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

Metric
REI
REI
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$902.9K
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$836.3M
$546.8M
Total Assets
$1.4B
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REI
REI
WASH
WASH
Q1 26
$12.3M
Q4 25
$902.9K
Q3 25
$286.9K
Q2 25
Q1 25
$1.1M
Q4 24
$1.9M
Q3 24
Q2 24
$1.2M
Stockholders' Equity
REI
REI
WASH
WASH
Q1 26
$546.8M
Q4 25
$836.3M
$543.6M
Q3 25
$847.7M
$533.0M
Q2 25
$897.9M
$527.5M
Q1 25
$876.0M
$521.7M
Q4 24
$858.6M
$499.7M
Q3 24
$851.3M
$502.2M
Q2 24
$817.4M
$471.0M
Total Assets
REI
REI
WASH
WASH
Q1 26
$6.5B
Q4 25
$1.4B
$6.6B
Q3 25
$1.4B
$6.7B
Q2 25
$1.5B
$6.7B
Q1 25
$1.5B
$6.6B
Q4 24
$1.4B
$6.9B
Q3 24
$1.4B
$7.1B
Q2 24
$1.4B
$7.2B

Cash Flow & Capital Efficiency

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

Metric
REI
REI
WASH
WASH
Operating Cash FlowLast quarter
$44.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REI
REI
WASH
WASH
Q1 26
Q4 25
$44.7M
$80.3M
Q3 25
$44.5M
$39.6M
Q2 25
$33.3M
$11.3M
Q1 25
$28.4M
$8.4M
Q4 24
$47.3M
$57.7M
Q3 24
$51.3M
$25.7M
Q2 24
$50.6M
$11.2M
Free Cash Flow
REI
REI
WASH
WASH
Q1 26
Q4 25
$78.3M
Q3 25
$39.3M
Q2 25
$10.9M
Q1 25
$8.4M
Q4 24
$53.7M
Q3 24
$24.4M
Q2 24
$9.6M
FCF Margin
REI
REI
WASH
WASH
Q1 26
Q4 25
132.2%
Q3 25
69.6%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
433.8%
Q3 24
50.4%
Q2 24
19.8%
Capex Intensity
REI
REI
WASH
WASH
Q1 26
Q4 25
3.4%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
32.3%
Q3 24
2.6%
Q2 24
3.4%
Cash Conversion
REI
REI
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
1.61×
0.86×
Q1 25
3.11×
0.69×
Q4 24
Q3 24
1.52×
2.34×
Q2 24
2.26×
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REI
REI

Segment breakdown not available.

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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