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Side-by-side financial comparison of COMSTOCK RESOURCES INC (CRK) and STARWOOD PROPERTY TRUST, INC. (STWD). Click either name above to swap in a different company.

COMSTOCK RESOURCES INC is the larger business by last-quarter revenue ($787.3M vs $492.9M, roughly 1.6× STARWOOD PROPERTY TRUST, INC.). COMSTOCK RESOURCES INC runs the higher net margin — 35.7% vs 19.7%, a 16.0% gap on every dollar of revenue. On growth, COMSTOCK RESOURCES INC posted the faster year-over-year revenue change (114.3% vs 8.5%). Over the past eight quarters, COMSTOCK RESOURCES INC's revenue compounded faster (53.1% CAGR vs -2.9%).

Comstock Resources Inc. is an independent energy company engaged in the exploration, development, production and sale of natural gas, crude oil and natural gas liquids. Its operations are focused on Haynesville and Bossier shale assets in Texas and Louisiana, serving North American energy markets.

Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. Starwood was founded in 1969 as a real estate investment trust named Hotel Investors Trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties co...

CRK vs STWD — Head-to-Head

Bigger by revenue
CRK
CRK
1.6× larger
CRK
$787.3M
$492.9M
STWD
Growing faster (revenue YoY)
CRK
CRK
+105.8% gap
CRK
114.3%
8.5%
STWD
Higher net margin
CRK
CRK
16.0% more per $
CRK
35.7%
19.7%
STWD
Faster 2-yr revenue CAGR
CRK
CRK
Annualised
CRK
53.1%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRK
CRK
STWD
STWD
Revenue
$787.3M
$492.9M
Net Profit
$280.9M
$96.9M
Gross Margin
Operating Margin
48.3%
26.6%
Net Margin
35.7%
19.7%
Revenue YoY
114.3%
8.5%
Net Profit YoY
583.3%
87.7%
EPS (diluted)
$0.99
$0.25

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
CRK
CRK
STWD
STWD
Q4 25
$787.3M
$492.9M
Q3 25
$449.9M
$488.9M
Q2 25
$470.3M
$444.3M
Q1 25
$512.9M
$418.2M
Q4 24
$367.4M
$454.4M
Q3 24
$304.5M
$479.5M
Q2 24
$246.8M
$489.8M
Q1 24
$335.8M
$523.1M
Net Profit
CRK
CRK
STWD
STWD
Q4 25
$280.9M
$96.9M
Q3 25
$111.1M
$72.6M
Q2 25
$124.8M
$129.8M
Q1 25
$-121.3M
$112.3M
Q4 24
$-58.1M
$51.6M
Q3 24
$-28.9M
$76.1M
Q2 24
$-126.3M
$77.9M
Q1 24
$-16.3M
$154.3M
Operating Margin
CRK
CRK
STWD
STWD
Q4 25
48.3%
26.6%
Q3 25
11.2%
19.1%
Q2 25
19.0%
30.5%
Q1 25
24.6%
28.7%
Q4 24
-0.5%
15.1%
Q3 24
-20.1%
17.2%
Q2 24
-37.5%
19.1%
Q1 24
-3.8%
30.8%
Net Margin
CRK
CRK
STWD
STWD
Q4 25
35.7%
19.7%
Q3 25
24.7%
14.8%
Q2 25
26.5%
29.2%
Q1 25
-23.6%
26.8%
Q4 24
-15.8%
11.4%
Q3 24
-9.5%
15.9%
Q2 24
-51.2%
15.9%
Q1 24
-4.9%
29.5%
EPS (diluted)
CRK
CRK
STWD
STWD
Q4 25
$0.99
$0.25
Q3 25
$0.40
$0.19
Q2 25
$0.44
$0.38
Q1 25
$-0.40
$0.33
Q4 24
$-0.19
$0.15
Q3 24
$-0.09
$0.23
Q2 24
$-0.43
$0.24
Q1 24
$-0.05
$0.48

Balance Sheet & Financial Strength

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

Metric
CRK
CRK
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$23.9M
$499.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$6.8B
Total Assets
$7.0B
$63.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRK
CRK
STWD
STWD
Q4 25
$23.9M
$499.5M
Q3 25
$19.2M
$301.1M
Q2 25
$25.9M
$259.9M
Q1 25
$32.9M
$440.6M
Q4 24
$6.8M
$377.8M
Q3 24
$13.8M
$357.9M
Q2 24
$19.3M
$259.3M
Q1 24
$6.4M
$327.4M
Stockholders' Equity
CRK
CRK
STWD
STWD
Q4 25
$2.6B
$6.8B
Q3 25
$2.4B
$6.9B
Q2 25
$2.2B
$6.4B
Q1 25
$2.1B
$6.4B
Q4 24
$2.2B
$6.4B
Q3 24
$2.3B
$6.5B
Q2 24
$2.3B
$6.2B
Q1 24
$2.4B
$6.3B
Total Assets
CRK
CRK
STWD
STWD
Q4 25
$7.0B
$63.2B
Q3 25
$6.8B
$62.4B
Q2 25
$6.7B
$62.4B
Q1 25
$6.6B
$62.2B
Q4 24
$6.4B
$62.6B
Q3 24
$6.3B
$64.2B
Q2 24
$6.3B
$64.1B
Q1 24
$6.3B
$66.2B

Cash Flow & Capital Efficiency

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

Metric
CRK
CRK
STWD
STWD
Operating Cash FlowLast quarter
$224.2M
$488.8M
Free Cash FlowOCF − Capex
$-141.2M
FCF MarginFCF / Revenue
-17.9%
Capex IntensityCapex / Revenue
46.4%
Cash ConversionOCF / Net Profit
0.80×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$-449.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRK
CRK
STWD
STWD
Q4 25
$224.2M
$488.8M
Q3 25
$153.1M
$337.6M
Q2 25
$347.6M
$-87.4M
Q1 25
$174.7M
$238.9M
Q4 24
$267.1M
$295.6M
Q3 24
$98.2M
$241.8M
Q2 24
$83.6M
$53.3M
Q1 24
$171.5M
$55.9M
Free Cash Flow
CRK
CRK
STWD
STWD
Q4 25
$-141.2M
Q3 25
$-188.4M
Q2 25
$3.2M
Q1 25
$-123.2M
Q4 24
$-12.9M
Q3 24
$-131.1M
Q2 24
$-153.2M
Q1 24
$-179.9M
FCF Margin
CRK
CRK
STWD
STWD
Q4 25
-17.9%
Q3 25
-41.9%
Q2 25
0.7%
Q1 25
-24.0%
Q4 24
-3.5%
Q3 24
-43.1%
Q2 24
-62.1%
Q1 24
-53.6%
Capex Intensity
CRK
CRK
STWD
STWD
Q4 25
46.4%
Q3 25
75.9%
Q2 25
73.2%
Q1 25
58.1%
Q4 24
76.2%
Q3 24
75.3%
Q2 24
95.9%
Q1 24
104.7%
Cash Conversion
CRK
CRK
STWD
STWD
Q4 25
0.80×
5.04×
Q3 25
1.38×
4.65×
Q2 25
2.78×
-0.67×
Q1 25
2.13×
Q4 24
5.72×
Q3 24
3.18×
Q2 24
0.68×
Q1 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRK
CRK

Other$420.7M53%
Natural Gas And Oil Sales$366.6M47%

STWD
STWD

Commercial And Residential Lending Segment$335.2M68%
Infrastructure Lending Segment$70.3M14%
Property Segment$57.8M12%
Other$29.7M6%

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