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Side-by-side financial comparison of Clarus Corp (CLAR) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.

Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $65.4M, roughly 1.8× Clarus Corp). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs -47.8%, a 95.9% gap on every dollar of revenue. On growth, Clarus Corp posted the faster year-over-year revenue change (-8.4% vs -11.0%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-55.2M). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -6.0%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

CLAR vs KW — Head-to-Head

Bigger by revenue
KW
KW
1.8× larger
KW
$120.6M
$65.4M
CLAR
Growing faster (revenue YoY)
CLAR
CLAR
+2.6% gap
CLAR
-8.4%
-11.0%
KW
Higher net margin
KW
KW
95.9% more per $
KW
48.1%
-47.8%
CLAR
More free cash flow
CLAR
CLAR
$66.8M more FCF
CLAR
$11.6M
$-55.2M
KW
Faster 2-yr revenue CAGR
CLAR
CLAR
Annualised
CLAR
-2.9%
-6.0%
KW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
KW
KW
Revenue
$65.4M
$120.6M
Net Profit
$-31.3M
$58.0M
Gross Margin
27.7%
Operating Margin
-59.6%
57.3%
Net Margin
-47.8%
48.1%
Revenue YoY
-8.4%
-11.0%
Net Profit YoY
52.3%
32.7%
EPS (diluted)
$-0.81
$0.22

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
CLAR
CLAR
KW
KW
Q4 25
$65.4M
$120.6M
Q3 25
$69.3M
$116.4M
Q2 25
$55.2M
$135.7M
Q1 25
$60.4M
$128.3M
Q4 24
$71.4M
$135.5M
Q3 24
$67.1M
$127.5M
Q2 24
$56.5M
$132.0M
Q1 24
$69.3M
$136.4M
Net Profit
CLAR
CLAR
KW
KW
Q4 25
$-31.3M
$58.0M
Q3 25
$-1.6M
$-10.2M
Q2 25
$-8.4M
$5.6M
Q1 25
$-5.2M
$-29.6M
Q4 24
$-65.5M
$43.7M
Q3 24
$-3.2M
$-66.8M
Q2 24
$-5.5M
$-48.3M
Q1 24
$21.9M
$37.7M
Gross Margin
CLAR
CLAR
KW
KW
Q4 25
27.7%
Q3 25
35.1%
Q2 25
35.6%
Q1 25
34.4%
Q4 24
33.4%
Q3 24
35.0%
Q2 24
36.1%
Q1 24
35.9%
Operating Margin
CLAR
CLAR
KW
KW
Q4 25
-59.6%
57.3%
Q3 25
-4.4%
-6.2%
Q2 25
-19.7%
7.4%
Q1 25
-11.2%
-26.9%
Q4 24
-70.2%
36.7%
Q3 24
-8.0%
-60.8%
Q2 24
-14.4%
-45.5%
Q1 24
-9.8%
47.2%
Net Margin
CLAR
CLAR
KW
KW
Q4 25
-47.8%
48.1%
Q3 25
-2.3%
-8.8%
Q2 25
-15.3%
4.1%
Q1 25
-8.7%
-23.1%
Q4 24
-91.8%
32.3%
Q3 24
-4.7%
-52.4%
Q2 24
-9.7%
-36.6%
Q1 24
31.6%
27.6%
EPS (diluted)
CLAR
CLAR
KW
KW
Q4 25
$-0.81
$0.22
Q3 25
$-0.04
$-0.15
Q2 25
$-0.22
$-0.05
Q1 25
$-0.14
$-0.30
Q4 24
$-1.72
$0.24
Q3 24
$-0.08
$-0.56
Q2 24
$-0.14
$-0.43
Q1 24
$0.57
$0.19

Balance Sheet & Financial Strength

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

Metric
CLAR
CLAR
KW
KW
Cash + ST InvestmentsLiquidity on hand
$36.7M
$184.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$196.4M
$1.5B
Total Assets
$249.0M
$6.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
KW
KW
Q4 25
$36.7M
$184.5M
Q3 25
$29.5M
$382.6M
Q2 25
$28.5M
$309.1M
Q1 25
$41.3M
$356.6M
Q4 24
$45.4M
$217.5M
Q3 24
$36.4M
$367.1M
Q2 24
$46.2M
$366.5M
Q1 24
$47.5M
$541.9M
Total Debt
CLAR
CLAR
KW
KW
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
KW
KW
Q4 25
$196.4M
$1.5B
Q3 25
$225.8M
$1.5B
Q2 25
$225.1M
$1.6B
Q1 25
$229.3M
$1.6B
Q4 24
$233.1M
$1.6B
Q3 24
$308.5M
$1.6B
Q2 24
$307.3M
$1.7B
Q1 24
$310.4M
$1.7B
Total Assets
CLAR
CLAR
KW
KW
Q4 25
$249.0M
$6.6B
Q3 25
$283.1M
$6.7B
Q2 25
$286.5M
$6.8B
Q1 25
$292.8M
$7.2B
Q4 24
$294.1M
$7.0B
Q3 24
$375.3M
$7.4B
Q2 24
$369.4M
$7.5B
Q1 24
$377.0M
$7.7B
Debt / Equity
CLAR
CLAR
KW
KW
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
CLAR
CLAR
KW
KW
Operating Cash FlowLast quarter
$12.5M
$11.4M
Free Cash FlowOCF − Capex
$11.6M
$-55.2M
FCF MarginFCF / Revenue
17.7%
-45.8%
Capex IntensityCapex / Revenue
1.4%
55.2%
Cash ConversionOCF / Net Profit
0.20×
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
KW
KW
Q4 25
$12.5M
$11.4M
Q3 25
$-5.7M
$-7.6M
Q2 25
$-9.4M
$42.0M
Q1 25
$-2.1M
$-51.9M
Q4 24
$16.6M
$55.1M
Q3 24
$-8.3M
$-5.6M
Q2 24
$834.0K
$36.7M
Q1 24
$-16.4M
$-5.6M
Free Cash Flow
CLAR
CLAR
KW
KW
Q4 25
$11.6M
$-55.2M
Q3 25
$-7.0M
$-18.0M
Q2 25
$-11.3M
$29.4M
Q1 25
$-3.3M
$-59.7M
Q4 24
$14.4M
$-76.5M
Q3 24
$-9.4M
$-27.7M
Q2 24
$-744.0K
$-500.0K
Q1 24
$-18.3M
$-57.1M
FCF Margin
CLAR
CLAR
KW
KW
Q4 25
17.7%
-45.8%
Q3 25
-10.0%
-15.5%
Q2 25
-20.4%
21.7%
Q1 25
-5.4%
-46.5%
Q4 24
20.1%
-56.5%
Q3 24
-14.0%
-21.7%
Q2 24
-1.3%
-0.4%
Q1 24
-26.3%
-41.9%
Capex Intensity
CLAR
CLAR
KW
KW
Q4 25
1.4%
55.2%
Q3 25
1.8%
8.9%
Q2 25
3.4%
9.3%
Q1 25
2.0%
6.1%
Q4 24
3.1%
97.1%
Q3 24
1.6%
17.3%
Q2 24
2.8%
28.2%
Q1 24
2.7%
37.8%
Cash Conversion
CLAR
CLAR
KW
KW
Q4 25
0.20×
Q3 25
Q2 25
7.50×
Q1 25
Q4 24
1.26×
Q3 24
Q2 24
Q1 24
-0.75×
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

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