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Side-by-side financial comparison of IDACORP INC (IDA) 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 $360.1M, roughly 1.4× IDACORP INC). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 12.1%, a 7.6% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -4.2%). Over the past eight quarters, STARWOOD PROPERTY TRUST, INC.'s revenue compounded faster (-2.9% CAGR vs -7.2%).

IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.

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...

IDA vs STWD — Head-to-Head

Bigger by revenue
STWD
STWD
1.4× larger
STWD
$492.9M
$360.1M
IDA
Growing faster (revenue YoY)
STWD
STWD
+12.7% gap
STWD
8.5%
-4.2%
IDA
Higher net margin
STWD
STWD
7.6% more per $
STWD
19.7%
12.1%
IDA
Faster 2-yr revenue CAGR
STWD
STWD
Annualised
STWD
-2.9%
-7.2%
IDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IDA
IDA
STWD
STWD
Revenue
$360.1M
$492.9M
Net Profit
$43.6M
$96.9M
Gross Margin
Operating Margin
14.9%
26.6%
Net Margin
12.1%
19.7%
Revenue YoY
-4.2%
8.5%
Net Profit YoY
15.1%
87.7%
EPS (diluted)
$0.78
$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
IDA
IDA
STWD
STWD
Q4 25
$360.1M
$492.9M
Q3 25
$526.4M
$488.9M
Q2 25
$449.3M
$444.3M
Q1 25
$411.1M
$418.2M
Q4 24
$375.9M
$454.4M
Q3 24
$532.5M
$479.5M
Q2 24
$442.6M
$489.8M
Q1 24
$417.9M
$523.1M
Net Profit
IDA
IDA
STWD
STWD
Q4 25
$43.6M
$96.9M
Q3 25
$124.4M
$72.6M
Q2 25
$95.8M
$129.8M
Q1 25
$59.6M
$112.3M
Q4 24
$37.9M
$51.6M
Q3 24
$113.6M
$76.1M
Q2 24
$89.5M
$77.9M
Q1 24
$48.2M
$154.3M
Operating Margin
IDA
IDA
STWD
STWD
Q4 25
14.9%
26.6%
Q3 25
27.5%
19.1%
Q2 25
22.4%
30.5%
Q1 25
13.4%
28.7%
Q4 24
11.0%
15.1%
Q3 24
25.1%
17.2%
Q2 24
23.3%
19.1%
Q1 24
11.9%
30.8%
Net Margin
IDA
IDA
STWD
STWD
Q4 25
12.1%
19.7%
Q3 25
23.6%
14.8%
Q2 25
21.3%
29.2%
Q1 25
14.5%
26.8%
Q4 24
10.1%
11.4%
Q3 24
21.3%
15.9%
Q2 24
20.2%
15.9%
Q1 24
11.5%
29.5%
EPS (diluted)
IDA
IDA
STWD
STWD
Q4 25
$0.78
$0.25
Q3 25
$2.26
$0.19
Q2 25
$1.76
$0.38
Q1 25
$1.10
$0.33
Q4 24
$0.72
$0.15
Q3 24
$2.12
$0.23
Q2 24
$1.71
$0.24
Q1 24
$0.95
$0.48

Balance Sheet & Financial Strength

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

Metric
IDA
IDA
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$215.7M
$499.5M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$3.6B
$6.8B
Total Assets
$10.2B
$63.2B
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDA
IDA
STWD
STWD
Q4 25
$215.7M
$499.5M
Q3 25
$333.2M
$301.1M
Q2 25
$474.5M
$259.9M
Q1 25
$634.5M
$440.6M
Q4 24
$368.9M
$377.8M
Q3 24
$427.9M
$357.9M
Q2 24
$169.6M
$259.3M
Q1 24
$157.6M
$327.4M
Total Debt
IDA
IDA
STWD
STWD
Q4 25
$3.3B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IDA
IDA
STWD
STWD
Q4 25
$3.6B
$6.8B
Q3 25
$3.5B
$6.9B
Q2 25
$3.4B
$6.4B
Q1 25
$3.3B
$6.4B
Q4 24
$3.3B
$6.4B
Q3 24
$3.3B
$6.5B
Q2 24
$3.2B
$6.2B
Q1 24
$2.9B
$6.3B
Total Assets
IDA
IDA
STWD
STWD
Q4 25
$10.2B
$63.2B
Q3 25
$10.1B
$62.4B
Q2 25
$9.9B
$62.4B
Q1 25
$9.6B
$62.2B
Q4 24
$9.2B
$62.6B
Q3 24
$9.1B
$64.2B
Q2 24
$8.7B
$64.1B
Q1 24
$8.3B
$66.2B
Debt / Equity
IDA
IDA
STWD
STWD
Q4 25
0.93×
Q3 25
Q2 25
Q1 25
Q4 24
0.92×
Q3 24
Q2 24
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
IDA
IDA
STWD
STWD
Operating Cash FlowLast quarter
$137.8M
$488.8M
Free Cash FlowOCF − Capex
$-216.2M
FCF MarginFCF / Revenue
-60.0%
Capex IntensityCapex / Revenue
98.3%
Cash ConversionOCF / Net Profit
3.16×
5.04×
TTM Free Cash FlowTrailing 4 quarters
$-577.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDA
IDA
STWD
STWD
Q4 25
$137.8M
$488.8M
Q3 25
$162.8M
$337.6M
Q2 25
$176.9M
$-87.4M
Q1 25
$124.3M
$238.9M
Q4 24
$136.4M
$295.6M
Q3 24
$201.9M
$241.8M
Q2 24
$146.4M
$53.3M
Q1 24
$109.7M
$55.9M
Free Cash Flow
IDA
IDA
STWD
STWD
Q4 25
$-216.2M
Q3 25
$-127.9M
Q2 25
$-156.4M
Q1 25
$-77.0M
Q4 24
$-48.9M
Q3 24
$-16.1M
Q2 24
$-199.6M
Q1 24
$-150.3M
FCF Margin
IDA
IDA
STWD
STWD
Q4 25
-60.0%
Q3 25
-24.3%
Q2 25
-34.8%
Q1 25
-18.7%
Q4 24
-13.0%
Q3 24
-3.0%
Q2 24
-45.1%
Q1 24
-36.0%
Capex Intensity
IDA
IDA
STWD
STWD
Q4 25
98.3%
Q3 25
55.2%
Q2 25
74.2%
Q1 25
49.0%
Q4 24
49.3%
Q3 24
41.0%
Q2 24
78.2%
Q1 24
62.2%
Cash Conversion
IDA
IDA
STWD
STWD
Q4 25
3.16×
5.04×
Q3 25
1.31×
4.65×
Q2 25
1.85×
-0.67×
Q1 25
2.08×
2.13×
Q4 24
3.60×
5.72×
Q3 24
1.78×
3.18×
Q2 24
1.63×
0.68×
Q1 24
2.28×
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

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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