vs

Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

Bluerock Homes Trust, Inc. is the larger business by last-quarter revenue ($18.9M vs $17.3M, roughly 1.1× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs -50.1%, a 117.4% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs 35.9%).

Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

BHM vs SLGL — Head-to-Head

Bigger by revenue
BHM
BHM
1.1× larger
BHM
$18.9M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+181.8% gap
SLGL
217.7%
35.9%
BHM
Higher net margin
SLGL
SLGL
117.4% more per $
SLGL
67.3%
-50.1%
BHM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BHM
BHM
SLGL
SLGL
Revenue
$18.9M
$17.3M
Net Profit
$-9.5M
$11.6M
Gross Margin
Operating Margin
-48.8%
65.1%
Net Margin
-50.1%
67.3%
Revenue YoY
35.9%
217.7%
Net Profit YoY
-29.9%
487.6%
EPS (diluted)
$-0.75
$4.17

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
BHM
BHM
SLGL
SLGL
Q4 25
$18.9M
Q3 25
$16.6M
Q2 25
$16.8M
$17.3M
Q1 25
$16.4M
Q4 24
$13.9M
Q3 24
$12.7M
Q2 24
$12.5M
$5.4M
Q1 24
$11.2M
Net Profit
BHM
BHM
SLGL
SLGL
Q4 25
$-9.5M
Q3 25
$-10.0M
Q2 25
$-5.8M
$11.6M
Q1 25
$-7.3M
Q4 24
$-7.3M
Q3 24
$3.5M
Q2 24
$-5.2M
$2.0M
Q1 24
$-3.2M
Operating Margin
BHM
BHM
SLGL
SLGL
Q4 25
-48.8%
Q3 25
-57.6%
Q2 25
-30.9%
65.1%
Q1 25
-42.6%
Q4 24
-52.8%
Q3 24
27.9%
Q2 24
-41.3%
29.9%
Q1 24
-28.4%
Net Margin
BHM
BHM
SLGL
SLGL
Q4 25
-50.1%
Q3 25
-60.0%
Q2 25
-34.7%
67.3%
Q1 25
-44.7%
Q4 24
-52.8%
Q3 24
27.9%
Q2 24
-41.3%
36.4%
Q1 24
-28.4%
EPS (diluted)
BHM
BHM
SLGL
SLGL
Q4 25
$-0.75
Q3 25
$-0.94
Q2 25
$-0.66
$4.17
Q1 25
$-0.67
Q4 24
$-0.65
Q3 24
$0.24
Q2 24
$-0.42
$0.71
Q1 24
$-0.27

Balance Sheet & Financial Strength

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

Metric
BHM
BHM
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$169.6M
$24.3M
Total DebtLower is stronger
$428.4M
Stockholders' EquityBook value
$128.7M
$31.9M
Total Assets
$1.2B
$39.3M
Debt / EquityLower = less leverage
3.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHM
BHM
SLGL
SLGL
Q4 25
$169.6M
Q3 25
$2.1M
Q2 25
$4.2M
$24.3M
Q1 25
$3.0M
Q4 24
$115.2M
Q3 24
$155.1M
Q2 24
$116.0M
$26.5M
Q1 24
$92.3M
Total Debt
BHM
BHM
SLGL
SLGL
Q4 25
$428.4M
Q3 25
$415.9M
Q2 25
$338.6M
Q1 25
$336.5M
Q4 24
$373.8M
Q3 24
$122.5M
Q2 24
$119.7M
Q1 24
$120.2M
Stockholders' Equity
BHM
BHM
SLGL
SLGL
Q4 25
$128.7M
Q3 25
$131.7M
Q2 25
$135.3M
$31.9M
Q1 25
$137.1M
Q4 24
$139.1M
Q3 24
$142.9M
Q2 24
$142.5M
$34.9M
Q1 24
$144.5M
Total Assets
BHM
BHM
SLGL
SLGL
Q4 25
$1.2B
Q3 25
$222.1M
Q2 25
$220.3M
$39.3M
Q1 25
$186.2M
Q4 24
$967.0M
Q3 24
$800.8M
Q2 24
$756.2M
$42.0M
Q1 24
$727.4M
Debt / Equity
BHM
BHM
SLGL
SLGL
Q4 25
3.33×
Q3 25
3.16×
Q2 25
2.50×
Q1 25
2.45×
Q4 24
2.69×
Q3 24
0.86×
Q2 24
0.84×
Q1 24
0.83×

Cash Flow & Capital Efficiency

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

Metric
BHM
BHM
SLGL
SLGL
Operating Cash FlowLast quarter
$27.8M
Free Cash FlowOCF − Capex
$10.4M
FCF MarginFCF / Revenue
55.0%
Capex IntensityCapex / Revenue
91.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHM
BHM
SLGL
SLGL
Q4 25
$27.8M
Q3 25
$13.4M
Q2 25
$13.9M
Q1 25
$951.0K
Q4 24
$9.1M
Q3 24
$1.7M
Q2 24
$1.3M
Q1 24
$1.1M
Free Cash Flow
BHM
BHM
SLGL
SLGL
Q4 25
$10.4M
Q3 25
$8.7M
Q2 25
$8.8M
Q1 25
$-2.9M
Q4 24
$-253.0K
Q3 24
$-601.0K
Q2 24
$-654.0K
Q1 24
$-630.0K
FCF Margin
BHM
BHM
SLGL
SLGL
Q4 25
55.0%
Q3 25
52.4%
Q2 25
52.2%
Q1 25
-17.6%
Q4 24
-1.8%
Q3 24
-4.7%
Q2 24
-5.2%
Q1 24
-5.6%
Capex Intensity
BHM
BHM
SLGL
SLGL
Q4 25
91.8%
Q3 25
28.5%
Q2 25
30.3%
Q1 25
23.4%
Q4 24
66.9%
Q3 24
18.0%
Q2 24
15.3%
Q1 24
15.5%
Cash Conversion
BHM
BHM
SLGL
SLGL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.47×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BHM
BHM

Residential Communities Segment$11.4M61%
Scattered Single Family Homes Segment$7.5M39%

SLGL
SLGL

Segment breakdown not available.

Related Comparisons