vs

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

Distribution Solutions Group, Inc. is the larger business by last-quarter revenue ($518.0M vs $492.9M, roughly 1.1× STARWOOD PROPERTY TRUST, INC.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 1.2%, a 18.4% gap on every dollar of revenue. On growth, Distribution Solutions Group, Inc. posted the faster year-over-year revenue change (10.7% vs 8.5%). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs -2.9%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

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...

DSGR vs STWD — Head-to-Head

Bigger by revenue
DSGR
DSGR
1.1× larger
DSGR
$518.0M
$492.9M
STWD
Growing faster (revenue YoY)
DSGR
DSGR
+2.2% gap
DSGR
10.7%
8.5%
STWD
Higher net margin
STWD
STWD
18.4% more per $
STWD
19.7%
1.2%
DSGR
Faster 2-yr revenue CAGR
DSGR
DSGR
Annualised
DSGR
13.1%
-2.9%
STWD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DSGR
DSGR
STWD
STWD
Revenue
$518.0M
$492.9M
Net Profit
$6.5M
$96.9M
Gross Margin
32.9%
Operating Margin
4.6%
26.6%
Net Margin
1.2%
19.7%
Revenue YoY
10.7%
8.5%
Net Profit YoY
-70.6%
87.7%
EPS (diluted)
$0.14
$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
DSGR
DSGR
STWD
STWD
Q4 25
$492.9M
Q3 25
$518.0M
$488.9M
Q2 25
$502.4M
$444.3M
Q1 25
$478.0M
$418.2M
Q4 24
$480.5M
$454.4M
Q3 24
$468.0M
$479.5M
Q2 24
$439.5M
$489.8M
Q1 24
$416.1M
$523.1M
Net Profit
DSGR
DSGR
STWD
STWD
Q4 25
$96.9M
Q3 25
$6.5M
$72.6M
Q2 25
$5.0M
$129.8M
Q1 25
$3.3M
$112.3M
Q4 24
$-25.9M
$51.6M
Q3 24
$21.9M
$76.1M
Q2 24
$1.9M
$77.9M
Q1 24
$-5.2M
$154.3M
Gross Margin
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
32.9%
Q2 25
33.9%
Q1 25
34.3%
Q4 24
33.3%
Q3 24
33.9%
Q2 24
34.5%
Q1 24
34.5%
Operating Margin
DSGR
DSGR
STWD
STWD
Q4 25
26.6%
Q3 25
4.6%
19.1%
Q2 25
5.3%
30.5%
Q1 25
4.2%
28.7%
Q4 24
4.2%
15.1%
Q3 24
4.0%
17.2%
Q2 24
3.2%
19.1%
Q1 24
0.7%
30.8%
Net Margin
DSGR
DSGR
STWD
STWD
Q4 25
19.7%
Q3 25
1.2%
14.8%
Q2 25
1.0%
29.2%
Q1 25
0.7%
26.8%
Q4 24
-5.4%
11.4%
Q3 24
4.7%
15.9%
Q2 24
0.4%
15.9%
Q1 24
-1.3%
29.5%
EPS (diluted)
DSGR
DSGR
STWD
STWD
Q4 25
$0.25
Q3 25
$0.14
$0.19
Q2 25
$0.11
$0.38
Q1 25
$0.07
$0.33
Q4 24
$-0.55
$0.15
Q3 24
$0.46
$0.23
Q2 24
$0.04
$0.24
Q1 24
$-0.11
$0.48

Balance Sheet & Financial Strength

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

Metric
DSGR
DSGR
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$69.2M
$499.5M
Total DebtLower is stronger
$665.5M
Stockholders' EquityBook value
$653.9M
$6.8B
Total Assets
$1.8B
$63.2B
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGR
DSGR
STWD
STWD
Q4 25
$499.5M
Q3 25
$69.2M
$301.1M
Q2 25
$47.4M
$259.9M
Q1 25
$65.4M
$440.6M
Q4 24
$66.5M
$377.8M
Q3 24
$61.3M
$357.9M
Q2 24
$46.8M
$259.3M
Q1 24
$73.1M
$327.4M
Total Debt
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
$665.5M
Q2 25
$675.0M
Q1 25
$712.4M
Q4 24
$693.9M
Q3 24
$704.1M
Q2 24
$573.7M
Q1 24
$535.7M
Stockholders' Equity
DSGR
DSGR
STWD
STWD
Q4 25
$6.8B
Q3 25
$653.9M
$6.9B
Q2 25
$649.4M
$6.4B
Q1 25
$636.7M
$6.4B
Q4 24
$640.5M
$6.4B
Q3 24
$680.8M
$6.5B
Q2 24
$653.3M
$6.2B
Q1 24
$654.7M
$6.3B
Total Assets
DSGR
DSGR
STWD
STWD
Q4 25
$63.2B
Q3 25
$1.8B
$62.4B
Q2 25
$1.8B
$62.4B
Q1 25
$1.8B
$62.2B
Q4 24
$1.7B
$62.6B
Q3 24
$1.8B
$64.2B
Q2 24
$1.6B
$64.1B
Q1 24
$1.5B
$66.2B
Debt / Equity
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
1.02×
Q2 25
1.04×
Q1 25
1.12×
Q4 24
1.08×
Q3 24
1.03×
Q2 24
0.88×
Q1 24
0.82×

Cash Flow & Capital Efficiency

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

Metric
DSGR
DSGR
STWD
STWD
Operating Cash FlowLast quarter
$38.4M
$488.8M
Free Cash FlowOCF − Capex
$32.9M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
5.95×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$92.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DSGR
DSGR
STWD
STWD
Q4 25
$488.8M
Q3 25
$38.4M
$337.6M
Q2 25
$33.3M
$-87.4M
Q1 25
$-4.8M
$238.9M
Q4 24
$45.7M
$295.6M
Q3 24
$-17.3M
$241.8M
Q2 24
$21.4M
$53.3M
Q1 24
$6.6M
$55.9M
Free Cash Flow
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
$32.9M
Q2 25
$28.7M
Q1 25
$-10.4M
Q4 24
$41.1M
Q3 24
$-20.5M
Q2 24
$18.0M
Q1 24
$4.2M
FCF Margin
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
6.3%
Q2 25
5.7%
Q1 25
-2.2%
Q4 24
8.6%
Q3 24
-4.4%
Q2 24
4.1%
Q1 24
1.0%
Capex Intensity
DSGR
DSGR
STWD
STWD
Q4 25
Q3 25
1.1%
Q2 25
0.9%
Q1 25
1.2%
Q4 24
1.0%
Q3 24
0.7%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
DSGR
DSGR
STWD
STWD
Q4 25
5.04×
Q3 25
5.95×
4.65×
Q2 25
6.66×
-0.67×
Q1 25
-1.46×
2.13×
Q4 24
5.72×
Q3 24
-0.79×
3.18×
Q2 24
11.28×
0.68×
Q1 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DSGR
DSGR

Test Equity Segment$206.5M40%
Gexpro Services Segment$130.5M25%
Lawson Segment$121.5M23%
Canada Branch Division Segment$60.0M12%

STWD
STWD

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

Related Comparisons