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Side-by-side financial comparison of Hillman Solutions Corp. (HLMN) 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 $370.1M, roughly 1.3× Hillman Solutions Corp.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs -1.3%, a 20.9% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs 3.0%). Over the past eight quarters, Hillman Solutions Corp.'s revenue compounded faster (-1.2% CAGR vs -2.9%).

Hillman Solutions is an American hardware manufacturing, distribution and consumer fabrication services company.

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...

HLMN vs STWD — Head-to-Head

Bigger by revenue
STWD
STWD
1.3× larger
STWD
$492.9M
$370.1M
HLMN
Growing faster (revenue YoY)
STWD
STWD
+5.5% gap
STWD
8.5%
3.0%
HLMN
Higher net margin
STWD
STWD
20.9% more per $
STWD
19.7%
-1.3%
HLMN
Faster 2-yr revenue CAGR
HLMN
HLMN
Annualised
HLMN
-1.2%
-2.9%
STWD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HLMN
HLMN
STWD
STWD
Revenue
$370.1M
$492.9M
Net Profit
$-4.7M
$96.9M
Gross Margin
Operating Margin
1.9%
26.6%
Net Margin
-1.3%
19.7%
Revenue YoY
3.0%
8.5%
Net Profit YoY
87.7%
EPS (diluted)
$-0.02
$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
HLMN
HLMN
STWD
STWD
Q1 26
$370.1M
Q4 25
$365.1M
$492.9M
Q3 25
$424.9M
$488.9M
Q2 25
$402.8M
$444.3M
Q1 25
$359.3M
$418.2M
Q4 24
$349.6M
$454.4M
Q3 24
$393.3M
$479.5M
Q2 24
$379.4M
$489.8M
Net Profit
HLMN
HLMN
STWD
STWD
Q1 26
$-4.7M
Q4 25
$1.6M
$96.9M
Q3 25
$23.2M
$72.6M
Q2 25
$15.8M
$129.8M
Q1 25
$-317.0K
$112.3M
Q4 24
$-1.2M
$51.6M
Q3 24
$7.4M
$76.1M
Q2 24
$12.5M
$77.9M
Operating Margin
HLMN
HLMN
STWD
STWD
Q1 26
1.9%
Q4 25
4.6%
26.6%
Q3 25
10.8%
19.1%
Q2 25
9.0%
30.5%
Q1 25
4.2%
28.7%
Q4 24
4.0%
15.1%
Q3 24
6.8%
17.2%
Q2 24
8.3%
19.1%
Net Margin
HLMN
HLMN
STWD
STWD
Q1 26
-1.3%
Q4 25
0.4%
19.7%
Q3 25
5.5%
14.8%
Q2 25
3.9%
29.2%
Q1 25
-0.1%
26.8%
Q4 24
-0.3%
11.4%
Q3 24
1.9%
15.9%
Q2 24
3.3%
15.9%
EPS (diluted)
HLMN
HLMN
STWD
STWD
Q1 26
$-0.02
Q4 25
$0.00
$0.25
Q3 25
$0.12
$0.19
Q2 25
$0.08
$0.38
Q1 25
$0.00
$0.33
Q4 24
$-0.00
$0.15
Q3 24
$0.04
$0.23
Q2 24
$0.06
$0.24

Balance Sheet & Financial Strength

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

Metric
HLMN
HLMN
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$27.7M
$499.5M
Total DebtLower is stronger
$714.1M
Stockholders' EquityBook value
$1.2B
$6.8B
Total Assets
$2.4B
$63.2B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLMN
HLMN
STWD
STWD
Q1 26
$27.7M
Q4 25
$27.3M
$499.5M
Q3 25
$37.7M
$301.1M
Q2 25
$34.2M
$259.9M
Q1 25
$36.3M
$440.6M
Q4 24
$44.5M
$377.8M
Q3 24
$59.8M
$357.9M
Q2 24
$54.0M
$259.3M
Total Debt
HLMN
HLMN
STWD
STWD
Q1 26
$714.1M
Q4 25
$668.3M
Q3 25
$683.2M
Q2 25
$683.1M
Q1 25
$713.5M
Q4 24
$691.7M
Q3 24
$730.7M
Q2 24
$732.1M
Stockholders' Equity
HLMN
HLMN
STWD
STWD
Q1 26
$1.2B
Q4 25
$1.2B
$6.8B
Q3 25
$1.2B
$6.9B
Q2 25
$1.2B
$6.4B
Q1 25
$1.2B
$6.4B
Q4 24
$1.2B
$6.4B
Q3 24
$1.2B
$6.5B
Q2 24
$1.2B
$6.2B
Total Assets
HLMN
HLMN
STWD
STWD
Q1 26
$2.4B
Q4 25
$2.4B
$63.2B
Q3 25
$2.4B
$62.4B
Q2 25
$2.4B
$62.4B
Q1 25
$2.3B
$62.2B
Q4 24
$2.3B
$62.6B
Q3 24
$2.4B
$64.2B
Q2 24
$2.4B
$64.1B
Debt / Equity
HLMN
HLMN
STWD
STWD
Q1 26
0.59×
Q4 25
0.54×
Q3 25
0.56×
Q2 25
0.57×
Q1 25
0.60×
Q4 24
0.59×
Q3 24
0.62×
Q2 24
0.62×

Cash Flow & Capital Efficiency

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

Metric
HLMN
HLMN
STWD
STWD
Operating Cash FlowLast quarter
$488.8M
Free Cash FlowOCF − Capex
$-34.3M
FCF MarginFCF / Revenue
-9.3%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
5.04×
TTM Free Cash FlowTrailing 4 quarters
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLMN
HLMN
STWD
STWD
Q1 26
Q4 25
$30.9M
$488.8M
Q3 25
$26.2M
$337.6M
Q2 25
$48.7M
$-87.4M
Q1 25
$-655.0K
$238.9M
Q4 24
$43.1M
$295.6M
Q3 24
$63.7M
$241.8M
Q2 24
$64.8M
$53.3M
Free Cash Flow
HLMN
HLMN
STWD
STWD
Q1 26
$-34.3M
Q4 25
$16.1M
Q3 25
$9.1M
Q2 25
$31.2M
Q1 25
$-21.3M
Q4 24
$22.1M
Q3 24
$39.6M
Q2 24
$42.5M
FCF Margin
HLMN
HLMN
STWD
STWD
Q1 26
-9.3%
Q4 25
4.4%
Q3 25
2.1%
Q2 25
7.7%
Q1 25
-5.9%
Q4 24
6.3%
Q3 24
10.1%
Q2 24
11.2%
Capex Intensity
HLMN
HLMN
STWD
STWD
Q1 26
4.0%
Q4 25
4.0%
Q3 25
4.0%
Q2 25
4.3%
Q1 25
5.7%
Q4 24
6.0%
Q3 24
6.1%
Q2 24
5.9%
Cash Conversion
HLMN
HLMN
STWD
STWD
Q1 26
Q4 25
19.33×
5.04×
Q3 25
1.13×
4.65×
Q2 25
3.08×
-0.67×
Q1 25
2.13×
Q4 24
5.72×
Q3 24
8.57×
3.18×
Q2 24
5.17×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLMN
HLMN

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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