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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and STARWOOD PROPERTY TRUST, INC. (STWD). Click either name above to swap in a different company.

STARWOOD PROPERTY TRUST, INC. is the larger business by last-quarter revenue ($492.9M vs $270.8M, roughly 1.8× HUTCHMED (China) Ltd). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 0.7%, a 18.9% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -16.5%).

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

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...

HCM vs STWD — Head-to-Head

Bigger by revenue
STWD
STWD
1.8× larger
STWD
$492.9M
$270.8M
HCM
Growing faster (revenue YoY)
STWD
STWD
+25.0% gap
STWD
8.5%
-16.5%
HCM
Higher net margin
STWD
STWD
18.9% more per $
STWD
19.7%
0.7%
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCM
HCM
STWD
STWD
Revenue
$270.8M
$492.9M
Net Profit
$2.0M
$96.9M
Gross Margin
37.7%
Operating Margin
-13.2%
26.6%
Net Margin
0.7%
19.7%
Revenue YoY
-16.5%
8.5%
Net Profit YoY
-83.6%
87.7%
EPS (diluted)
$0.00
$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
HCM
HCM
STWD
STWD
Q4 25
$270.8M
$492.9M
Q3 25
$488.9M
Q2 25
$277.7M
$444.3M
Q1 25
$324.5M
$418.2M
Q4 24
$454.4M
Q3 24
$479.5M
Q2 24
$305.7M
$489.8M
Q1 24
$523.1M
Net Profit
HCM
HCM
STWD
STWD
Q4 25
$2.0M
$96.9M
Q3 25
$72.6M
Q2 25
$455.0M
$129.8M
Q1 25
$11.9M
$112.3M
Q4 24
$51.6M
Q3 24
$76.1M
Q2 24
$25.8M
$77.9M
Q1 24
$154.3M
Gross Margin
HCM
HCM
STWD
STWD
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Q1 24
Operating Margin
HCM
HCM
STWD
STWD
Q4 25
-13.2%
26.6%
Q3 25
19.1%
Q2 25
-1.3%
30.5%
Q1 25
-5.0%
28.7%
Q4 24
15.1%
Q3 24
17.2%
Q2 24
-9.0%
19.1%
Q1 24
30.8%
Net Margin
HCM
HCM
STWD
STWD
Q4 25
0.7%
19.7%
Q3 25
14.8%
Q2 25
163.8%
29.2%
Q1 25
3.7%
26.8%
Q4 24
11.4%
Q3 24
15.9%
Q2 24
8.4%
15.9%
Q1 24
29.5%
EPS (diluted)
HCM
HCM
STWD
STWD
Q4 25
$0.00
$0.25
Q3 25
$0.19
Q2 25
$0.52
$0.38
Q1 25
$0.01
$0.33
Q4 24
$0.15
Q3 24
$0.23
Q2 24
$0.03
$0.24
Q1 24
$0.48

Balance Sheet & Financial Strength

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

Metric
HCM
HCM
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$1.4B
$499.5M
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$1.2B
$6.8B
Total Assets
$1.8B
$63.2B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCM
HCM
STWD
STWD
Q4 25
$1.4B
$499.5M
Q3 25
$301.1M
Q2 25
$1.4B
$259.9M
Q1 25
$836.1M
$440.6M
Q4 24
$377.8M
Q3 24
$357.9M
Q2 24
$802.5M
$259.3M
Q1 24
$327.4M
Total Debt
HCM
HCM
STWD
STWD
Q4 25
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
HCM
HCM
STWD
STWD
Q4 25
$1.2B
$6.8B
Q3 25
$6.9B
Q2 25
$1.2B
$6.4B
Q1 25
$759.9M
$6.4B
Q4 24
$6.4B
Q3 24
$6.5B
Q2 24
$740.1M
$6.2B
Q1 24
$6.3B
Total Assets
HCM
HCM
STWD
STWD
Q4 25
$1.8B
$63.2B
Q3 25
$62.4B
Q2 25
$1.8B
$62.4B
Q1 25
$1.3B
$62.2B
Q4 24
$62.6B
Q3 24
$64.2B
Q2 24
$1.3B
$64.1B
Q1 24
$66.2B
Debt / Equity
HCM
HCM
STWD
STWD
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HCM
HCM
STWD
STWD
Operating Cash FlowLast quarter
$8.2M
$488.8M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.21×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCM
HCM
STWD
STWD
Q4 25
$8.2M
$488.8M
Q3 25
$337.6M
Q2 25
$-72.9M
$-87.4M
Q1 25
$40.3M
$238.9M
Q4 24
$295.6M
Q3 24
$241.8M
Q2 24
$-39.8M
$53.3M
Q1 24
$55.9M
Free Cash Flow
HCM
HCM
STWD
STWD
Q4 25
$3.4M
Q3 25
Q2 25
$-82.2M
Q1 25
$32.5M
Q4 24
Q3 24
Q2 24
$-49.9M
Q1 24
FCF Margin
HCM
HCM
STWD
STWD
Q4 25
1.2%
Q3 25
Q2 25
-29.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-16.3%
Q1 24
Capex Intensity
HCM
HCM
STWD
STWD
Q4 25
1.8%
Q3 25
Q2 25
3.3%
Q1 25
2.4%
Q4 24
Q3 24
Q2 24
3.3%
Q1 24
Cash Conversion
HCM
HCM
STWD
STWD
Q4 25
4.21×
5.04×
Q3 25
4.65×
Q2 25
-0.16×
-0.67×
Q1 25
3.38×
2.13×
Q4 24
5.72×
Q3 24
3.18×
Q2 24
-1.54×
0.68×
Q1 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCM
HCM

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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