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

Hims & Hers Health, Inc. is the larger business by last-quarter revenue ($617.8M vs $492.9M, roughly 1.3× STARWOOD PROPERTY TRUST, INC.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 3.3%, a 16.3% gap on every dollar of revenue. On growth, Hims & Hers Health, Inc. posted the faster year-over-year revenue change (28.4% vs 8.5%). Over the past eight quarters, Hims & Hers Health, Inc.'s revenue compounded faster (49.0% CAGR vs -2.9%).

Hims & Hers Health, Inc. is an American telehealth company established in 2017. The company provides prescription medications, over-the-counter medications, and personal care products.

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...

HIMS vs STWD — Head-to-Head

Bigger by revenue
HIMS
HIMS
1.3× larger
HIMS
$617.8M
$492.9M
STWD
Growing faster (revenue YoY)
HIMS
HIMS
+19.9% gap
HIMS
28.4%
8.5%
STWD
Higher net margin
STWD
STWD
16.3% more per $
STWD
19.7%
3.3%
HIMS
Faster 2-yr revenue CAGR
HIMS
HIMS
Annualised
HIMS
49.0%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HIMS
HIMS
STWD
STWD
Revenue
$617.8M
$492.9M
Net Profit
$20.6M
$96.9M
Gross Margin
71.9%
Operating Margin
1.5%
26.6%
Net Margin
3.3%
19.7%
Revenue YoY
28.4%
8.5%
Net Profit YoY
-20.8%
87.7%
EPS (diluted)
$0.08
$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
HIMS
HIMS
STWD
STWD
Q4 25
$617.8M
$492.9M
Q3 25
$599.0M
$488.9M
Q2 25
$544.8M
$444.3M
Q1 25
$586.0M
$418.2M
Q4 24
$481.1M
$454.4M
Q3 24
$401.6M
$479.5M
Q2 24
$315.6M
$489.8M
Q1 24
$278.2M
$523.1M
Net Profit
HIMS
HIMS
STWD
STWD
Q4 25
$20.6M
$96.9M
Q3 25
$15.8M
$72.6M
Q2 25
$42.5M
$129.8M
Q1 25
$49.5M
$112.3M
Q4 24
$26.0M
$51.6M
Q3 24
$75.6M
$76.1M
Q2 24
$13.3M
$77.9M
Q1 24
$11.1M
$154.3M
Gross Margin
HIMS
HIMS
STWD
STWD
Q4 25
71.9%
Q3 25
73.8%
Q2 25
76.4%
Q1 25
73.5%
Q4 24
76.8%
Q3 24
79.2%
Q2 24
81.3%
Q1 24
82.4%
Operating Margin
HIMS
HIMS
STWD
STWD
Q4 25
1.5%
26.6%
Q3 25
2.0%
19.1%
Q2 25
4.9%
30.5%
Q1 25
9.9%
28.7%
Q4 24
3.9%
15.1%
Q3 24
5.6%
17.2%
Q2 24
3.5%
19.1%
Q1 24
3.6%
30.8%
Net Margin
HIMS
HIMS
STWD
STWD
Q4 25
3.3%
19.7%
Q3 25
2.6%
14.8%
Q2 25
7.8%
29.2%
Q1 25
8.4%
26.8%
Q4 24
5.4%
11.4%
Q3 24
18.8%
15.9%
Q2 24
4.2%
15.9%
Q1 24
4.0%
29.5%
EPS (diluted)
HIMS
HIMS
STWD
STWD
Q4 25
$0.08
$0.25
Q3 25
$0.06
$0.19
Q2 25
$0.17
$0.38
Q1 25
$0.20
$0.33
Q4 24
$0.10
$0.15
Q3 24
$0.32
$0.23
Q2 24
$0.06
$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
HIMS
HIMS
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$228.6M
$499.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$540.9M
$6.8B
Total Assets
$2.2B
$63.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIMS
HIMS
STWD
STWD
Q4 25
$228.6M
$499.5M
Q3 25
$345.8M
$301.1M
Q2 25
$1.1B
$259.9M
Q1 25
$273.7M
$440.6M
Q4 24
$220.6M
$377.8M
Q3 24
$165.5M
$357.9M
Q2 24
$129.3M
$259.3M
Q1 24
$105.2M
$327.4M
Stockholders' Equity
HIMS
HIMS
STWD
STWD
Q4 25
$540.9M
$6.8B
Q3 25
$581.0M
$6.9B
Q2 25
$562.7M
$6.4B
Q1 25
$549.3M
$6.4B
Q4 24
$476.7M
$6.4B
Q3 24
$440.1M
$6.5B
Q2 24
$362.0M
$6.2B
Q1 24
$344.5M
$6.3B
Total Assets
HIMS
HIMS
STWD
STWD
Q4 25
$2.2B
$63.2B
Q3 25
$2.2B
$62.4B
Q2 25
$1.9B
$62.4B
Q1 25
$891.7M
$62.2B
Q4 24
$707.5M
$62.6B
Q3 24
$602.3M
$64.2B
Q2 24
$480.5M
$64.1B
Q1 24
$448.1M
$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
HIMS
HIMS
STWD
STWD
Operating Cash FlowLast quarter
$61.3M
$488.8M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-0.4%
Capex IntensityCapex / Revenue
10.3%
Cash ConversionOCF / Net Profit
2.98×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$57.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIMS
HIMS
STWD
STWD
Q4 25
$61.3M
$488.8M
Q3 25
$148.7M
$337.6M
Q2 25
$-19.1M
$-87.4M
Q1 25
$109.1M
$238.9M
Q4 24
$86.4M
$295.6M
Q3 24
$85.3M
$241.8M
Q2 24
$53.6M
$53.3M
Q1 24
$25.8M
$55.9M
Free Cash Flow
HIMS
HIMS
STWD
STWD
Q4 25
$-2.5M
Q3 25
$79.3M
Q2 25
$-69.5M
Q1 25
$50.1M
Q4 24
$59.5M
Q3 24
$79.4M
Q2 24
$47.6M
Q1 24
$11.8M
FCF Margin
HIMS
HIMS
STWD
STWD
Q4 25
-0.4%
Q3 25
13.2%
Q2 25
-12.8%
Q1 25
8.5%
Q4 24
12.4%
Q3 24
19.8%
Q2 24
15.1%
Q1 24
4.3%
Capex Intensity
HIMS
HIMS
STWD
STWD
Q4 25
10.3%
Q3 25
11.6%
Q2 25
9.3%
Q1 25
10.1%
Q4 24
5.6%
Q3 24
1.5%
Q2 24
1.9%
Q1 24
5.0%
Cash Conversion
HIMS
HIMS
STWD
STWD
Q4 25
2.98×
5.04×
Q3 25
9.43×
4.65×
Q2 25
-0.45×
-0.67×
Q1 25
2.20×
2.13×
Q4 24
3.32×
5.72×
Q3 24
1.13×
3.18×
Q2 24
4.03×
0.68×
Q1 24
2.32×
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIMS
HIMS

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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