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Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. is the larger business by last-quarter revenue ($331.3M vs $279.0M, roughly 1.2× Healthcare Realty Trust Inc). SPORTSMAN'S WAREHOUSE HOLDINGS, INC. runs the higher net margin — 0.0% vs -0.0%, a 0.0% gap on every dollar of revenue. On growth, Healthcare Realty Trust Inc posted the faster year-over-year revenue change (5.9% vs 2.2%). Over the past eight quarters, SPORTSMAN'S WAREHOUSE HOLDINGS, INC.'s revenue compounded faster (-5.4% CAGR vs -6.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.

HR vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.2× larger
SPWH
$331.3M
$279.0M
HR
Growing faster (revenue YoY)
HR
HR
+3.7% gap
HR
5.9%
2.2%
SPWH
Higher net margin
SPWH
SPWH
0.0% more per $
SPWH
0.0%
-0.0%
HR
Faster 2-yr revenue CAGR
SPWH
SPWH
Annualised
SPWH
-5.4%
-6.1%
HR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HR
HR
SPWH
SPWH
Revenue
$279.0M
$331.3M
Net Profit
$-56.0K
$8.0K
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
-0.0%
0.0%
Revenue YoY
5.9%
2.2%
Net Profit YoY
-97.8%
EPS (diluted)
$0.00
$0.00

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
HR
HR
SPWH
SPWH
Q1 26
$279.0M
Q4 25
$286.3M
$331.3M
Q3 25
$297.8M
$293.9M
Q2 25
$297.5M
$249.1M
Q1 25
$299.0M
$340.4M
Q4 24
$309.8M
$324.3M
Q3 24
$315.4M
$288.7M
Q2 24
$316.3M
$244.2M
Net Profit
HR
HR
SPWH
SPWH
Q1 26
$-56.0K
Q4 25
$14.6M
$8.0K
Q3 25
$-57.7M
$-7.1M
Q2 25
$-157.9M
$-21.3M
Q1 25
$-44.9M
$-8.7M
Q4 24
$-108.2M
$-364.0K
Q3 24
$-93.0M
$-5.9M
Q2 24
$-143.8M
$-18.1M
Gross Margin
HR
HR
SPWH
SPWH
Q1 26
Q4 25
32.8%
Q3 25
32.0%
Q2 25
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
31.2%
Q2 24
30.2%
Operating Margin
HR
HR
SPWH
SPWH
Q1 26
Q4 25
1.3%
Q3 25
-1.1%
Q2 25
-7.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
-1.5%
Q2 24
-8.4%
Net Margin
HR
HR
SPWH
SPWH
Q1 26
-0.0%
Q4 25
183.4%
0.0%
Q3 25
-19.4%
-2.4%
Q2 25
-53.1%
-8.5%
Q1 25
-15.0%
-2.6%
Q4 24
-1924.1%
-0.1%
Q3 24
-29.5%
-2.0%
Q2 24
-45.5%
-7.4%
EPS (diluted)
HR
HR
SPWH
SPWH
Q1 26
$0.00
Q4 25
$0.04
$0.00
Q3 25
$-0.17
$-0.18
Q2 25
$-0.45
$-0.56
Q1 25
$-0.13
$-0.22
Q4 24
$-0.34
$-0.01
Q3 24
$-0.26
$-0.16
Q2 24
$-0.39
$-0.48

Balance Sheet & Financial Strength

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

Metric
HR
HR
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$26.2M
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$4.4B
$209.5M
Total Assets
$9.1B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
SPWH
SPWH
Q1 26
$26.2M
Q4 25
$26.2M
$2.2M
Q3 25
$43.3M
$1.8M
Q2 25
$25.5M
$3.6M
Q1 25
$25.7M
$2.8M
Q4 24
$68.9M
$2.7M
Q3 24
$22.8M
$2.6M
Q2 24
$41.8M
$2.2M
Total Debt
HR
HR
SPWH
SPWH
Q1 26
Q4 25
$3.9B
$44.0M
Q3 25
$4.5B
$43.9M
Q2 25
$4.7B
$24.1M
Q1 25
$4.7B
$24.1M
Q4 24
$4.7B
$24.0M
Q3 24
$5.0B
$24.0M
Q2 24
$5.1B
Stockholders' Equity
HR
HR
SPWH
SPWH
Q1 26
$4.4B
Q4 25
$4.6B
$209.5M
Q3 25
$4.7B
$208.9M
Q2 25
$4.8B
$215.1M
Q1 25
$5.1B
$235.7M
Q4 24
$5.2B
$243.6M
Q3 24
$5.5B
$243.0M
Q2 24
$5.9B
$247.5M
Total Assets
HR
HR
SPWH
SPWH
Q1 26
$9.1B
Q4 25
$9.2B
$913.9M
Q3 25
$9.9B
$948.9M
Q2 25
$10.2B
$929.7M
Q1 25
$10.5B
$852.1M
Q4 24
$10.7B
$967.7M
Q3 24
$11.2B
$901.9M
Q2 24
$11.8B
$930.4M
Debt / Equity
HR
HR
SPWH
SPWH
Q1 26
Q4 25
0.85×
0.21×
Q3 25
0.96×
0.21×
Q2 25
0.97×
0.11×
Q1 25
0.93×
0.10×
Q4 24
0.89×
0.10×
Q3 24
0.90×
0.10×
Q2 24
0.87×

Cash Flow & Capital Efficiency

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

Metric
HR
HR
SPWH
SPWH
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
9.7%
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HR
HR
SPWH
SPWH
Q1 26
Q4 25
$457.1M
$16.3M
Q3 25
$113.8M
$-26.6M
Q2 25
$163.2M
$-60.2M
Q1 25
$47.8M
$52.8M
Q4 24
$501.6M
$-2.5M
Q3 24
$119.3M
$18.5M
Q2 24
$168.2M
$-34.6M
Free Cash Flow
HR
HR
SPWH
SPWH
Q1 26
Q4 25
$8.7M
Q3 25
$-33.9M
Q2 25
$-64.0M
Q1 25
$49.6M
Q4 24
$-6.2M
Q3 24
$14.1M
Q2 24
$-38.0M
FCF Margin
HR
HR
SPWH
SPWH
Q1 26
Q4 25
2.6%
Q3 25
-11.5%
Q2 25
-25.7%
Q1 25
14.6%
Q4 24
-1.9%
Q3 24
4.9%
Q2 24
-15.5%
Capex Intensity
HR
HR
SPWH
SPWH
Q1 26
9.7%
Q4 25
2.3%
Q3 25
2.5%
Q2 25
1.5%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.5%
Q2 24
1.4%
Cash Conversion
HR
HR
SPWH
SPWH
Q1 26
Q4 25
31.33×
2038.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HR
HR

Rental income$267.6M96%
Other$11.4M4%

SPWH
SPWH

Segment breakdown not available.

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