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

CoreCivic, Inc. is the larger business by last-quarter revenue ($604.0M vs $492.9M, roughly 1.2× STARWOOD PROPERTY TRUST, INC.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 4.4%, a 15.3% gap on every dollar of revenue. On growth, CoreCivic, Inc. posted the faster year-over-year revenue change (26.0% vs 8.5%). Over the past eight quarters, CoreCivic, Inc.'s revenue compounded faster (9.8% CAGR vs -2.9%).

CoreCivic, Inc. is an American private prison operator and one of the largest for-profit prison, jail and detention contractors in the United States. It has been the target of divestment campaigns, FBI investigations and lawsuits alleging civil rights violations and forced labor at some of its owned or operated 70 state and federal correctional and detention facilities in the U.S.

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...

CXW vs STWD — Head-to-Head

Bigger by revenue
CXW
CXW
1.2× larger
CXW
$604.0M
$492.9M
STWD
Growing faster (revenue YoY)
CXW
CXW
+17.5% gap
CXW
26.0%
8.5%
STWD
Higher net margin
STWD
STWD
15.3% more per $
STWD
19.7%
4.4%
CXW
Faster 2-yr revenue CAGR
CXW
CXW
Annualised
CXW
9.8%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CXW
CXW
STWD
STWD
Revenue
$604.0M
$492.9M
Net Profit
$26.5M
$96.9M
Gross Margin
Operating Margin
6.0%
26.6%
Net Margin
4.4%
19.7%
Revenue YoY
26.0%
8.5%
Net Profit YoY
37.7%
87.7%
EPS (diluted)
$0.26
$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
CXW
CXW
STWD
STWD
Q4 25
$604.0M
$492.9M
Q3 25
$580.4M
$488.9M
Q2 25
$538.2M
$444.3M
Q1 25
$488.6M
$418.2M
Q4 24
$479.3M
$454.4M
Q3 24
$491.6M
$479.5M
Q2 24
$490.1M
$489.8M
Q1 24
$500.7M
$523.1M
Net Profit
CXW
CXW
STWD
STWD
Q4 25
$26.5M
$96.9M
Q3 25
$26.3M
$72.6M
Q2 25
$38.5M
$129.8M
Q1 25
$25.1M
$112.3M
Q4 24
$19.3M
$51.6M
Q3 24
$21.1M
$76.1M
Q2 24
$19.0M
$77.9M
Q1 24
$9.5M
$154.3M
Operating Margin
CXW
CXW
STWD
STWD
Q4 25
6.0%
26.6%
Q3 25
6.3%
19.1%
Q2 25
9.7%
30.5%
Q1 25
6.6%
28.7%
Q4 24
5.2%
15.1%
Q3 24
6.1%
17.2%
Q2 24
5.6%
19.1%
Q1 24
1.8%
30.8%
Net Margin
CXW
CXW
STWD
STWD
Q4 25
4.4%
19.7%
Q3 25
4.5%
14.8%
Q2 25
7.2%
29.2%
Q1 25
5.1%
26.8%
Q4 24
4.0%
11.4%
Q3 24
4.3%
15.9%
Q2 24
3.9%
15.9%
Q1 24
1.9%
29.5%
EPS (diluted)
CXW
CXW
STWD
STWD
Q4 25
$0.26
$0.25
Q3 25
$0.24
$0.19
Q2 25
$0.35
$0.38
Q1 25
$0.23
$0.33
Q4 24
$0.18
$0.15
Q3 24
$0.19
$0.23
Q2 24
$0.17
$0.24
Q1 24
$0.08
$0.48

Balance Sheet & Financial Strength

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

Metric
CXW
CXW
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$97.9M
$499.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$6.8B
Total Assets
$3.3B
$63.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXW
CXW
STWD
STWD
Q4 25
$97.9M
$499.5M
Q3 25
$56.6M
$301.1M
Q2 25
$130.5M
$259.9M
Q1 25
$74.5M
$440.6M
Q4 24
$107.5M
$377.8M
Q3 24
$107.8M
$357.9M
Q2 24
$60.2M
$259.3M
Q1 24
$111.4M
$327.4M
Stockholders' Equity
CXW
CXW
STWD
STWD
Q4 25
$1.4B
$6.8B
Q3 25
$1.5B
$6.9B
Q2 25
$1.5B
$6.4B
Q1 25
$1.5B
$6.4B
Q4 24
$1.5B
$6.4B
Q3 24
$1.5B
$6.5B
Q2 24
$1.4B
$6.2B
Q1 24
$1.4B
$6.3B
Total Assets
CXW
CXW
STWD
STWD
Q4 25
$3.3B
$63.2B
Q3 25
$3.1B
$62.4B
Q2 25
$3.1B
$62.4B
Q1 25
$3.0B
$62.2B
Q4 24
$2.9B
$62.6B
Q3 24
$2.9B
$64.2B
Q2 24
$2.9B
$64.1B
Q1 24
$3.0B
$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
CXW
CXW
STWD
STWD
Operating Cash FlowLast quarter
$-376.0K
$488.8M
Free Cash FlowOCF − Capex
$-45.1M
FCF MarginFCF / Revenue
-7.5%
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
-0.01×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$52.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXW
CXW
STWD
STWD
Q4 25
$-376.0K
$488.8M
Q3 25
$53.8M
$337.6M
Q2 25
$96.7M
$-87.4M
Q1 25
$44.5M
$238.9M
Q4 24
$39.3M
$295.6M
Q3 24
$91.5M
$241.8M
Q2 24
$68.1M
$53.3M
Q1 24
$70.4M
$55.9M
Free Cash Flow
CXW
CXW
STWD
STWD
Q4 25
$-45.1M
Q3 25
$16.1M
Q2 25
$61.9M
Q1 25
$20.0M
Q4 24
$16.0M
Q3 24
$73.7M
Q2 24
$49.3M
Q1 24
$59.7M
FCF Margin
CXW
CXW
STWD
STWD
Q4 25
-7.5%
Q3 25
2.8%
Q2 25
11.5%
Q1 25
4.1%
Q4 24
3.3%
Q3 24
15.0%
Q2 24
10.1%
Q1 24
11.9%
Capex Intensity
CXW
CXW
STWD
STWD
Q4 25
7.4%
Q3 25
6.5%
Q2 25
6.5%
Q1 25
5.0%
Q4 24
4.9%
Q3 24
3.6%
Q2 24
3.8%
Q1 24
2.1%
Cash Conversion
CXW
CXW
STWD
STWD
Q4 25
-0.01×
5.04×
Q3 25
2.04×
4.65×
Q2 25
2.51×
-0.67×
Q1 25
1.77×
2.13×
Q4 24
2.04×
5.72×
Q3 24
4.34×
3.18×
Q2 24
3.59×
0.68×
Q1 24
7.37×
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CXW
CXW

Segment breakdown not available.

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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