M-tron Industries vs RF Industries
RF Industries reported revenue of $81 million in fiscal 2025, 1.5 times M-tron Industries' $54 million in fiscal 2025. M-tron Industries' revenue grew 11.0% in its latest year, and RF Industries' grew 24.2%. M-tron Industries had an operating margin of 18.9%, against 2.2% at RF Industries. Free cash flow was $8 million at M-tron Industries and $4 million at RF Industries. Their fiscal years end in different months (December 31 and October 31), so the periods don't line up exactly.
Side by side
| M-tron Industries | RF Industries | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Oct 31, 2025 |
| Revenue | $54M | $81M |
| Revenue growth | 11.0% | 24.2% |
| Revenue growth a year, last 5 years | — | 13.4% |
| Gross margin | — | 33.2% |
| Operating margin | 18.9% | 2.2% |
| Net margin | 15.5% | 0.1% |
| Free cash flow | $8M | $4M |
| Free cash flow margin | 14.9% | 5.4% |
| Return on capital | — | 2.8% |
| Net debt to EBITDA | — | −1.2x |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 11.9% | 2.8% |
| Last close | $60.34 | $6.66 |
| P/E at the last close | 22.2× | 30.3× |
| Insider trades, last 12 months | sold $204,229 | — |
| Piotroski F-score | — | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
M-tron IndustriesRF Industries
Operating margin
Percent of revenue
M-tron IndustriesRF Industries
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
M-tron IndustriesRF Industries
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the M-tron Industries and RF Industries pages.