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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and Janus International Group, Inc. (JBI). Click either name above to swap in a different company.
Janus International Group, Inc. is the larger business by last-quarter revenue ($219.3M vs $127.6M, roughly 1.7× JBG SMITH Properties). Janus International Group, Inc. runs the higher net margin — 6.9% vs -35.7%, a 42.6% gap on every dollar of revenue. On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -4.7%). Over the past eight quarters, JBG SMITH Properties's revenue compounded faster (-6.3% CAGR vs -8.8%).
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.
JBGS vs JBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $127.6M | $219.3M |
| Net Profit | $-45.5M | $15.2M |
| Gross Margin | — | 39.1% |
| Operating Margin | -47.5% | 13.4% |
| Net Margin | -35.7% | 6.9% |
| Revenue YoY | -2.5% | -4.7% |
| Net Profit YoY | 24.0% | 28.8% |
| EPS (diluted) | $-0.76 | $0.11 |
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.
| Q4 25 | $127.6M | — | ||
| Q3 25 | $123.9M | $219.3M | ||
| Q2 25 | $126.5M | $228.1M | ||
| Q1 25 | $120.7M | $210.5M | ||
| Q4 24 | $130.8M | $230.8M | ||
| Q3 24 | $136.0M | $230.1M | ||
| Q2 24 | $135.3M | $248.4M | ||
| Q1 24 | $145.2M | $254.5M |
| Q4 25 | $-45.5M | — | ||
| Q3 25 | $-28.6M | $15.2M | ||
| Q2 25 | $-19.2M | $20.7M | ||
| Q1 25 | $-45.7M | $10.8M | ||
| Q4 24 | $-59.9M | $300.0K | ||
| Q3 24 | $-27.0M | $11.8M | ||
| Q2 24 | $-24.4M | $27.6M | ||
| Q1 24 | $-32.3M | $30.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 39.1% | ||
| Q2 25 | — | 40.9% | ||
| Q1 25 | — | 38.9% | ||
| Q4 24 | — | 37.8% | ||
| Q3 24 | — | 39.6% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | — | 43.4% |
| Q4 25 | -47.5% | — | ||
| Q3 25 | -27.5% | 13.4% | ||
| Q2 25 | -18.4% | 15.8% | ||
| Q1 25 | -44.7% | 12.0% | ||
| Q4 24 | -53.6% | 5.5% | ||
| Q3 24 | -22.4% | 11.6% | ||
| Q2 24 | -24.3% | 20.8% | ||
| Q1 24 | -30.1% | 21.8% |
| Q4 25 | -35.7% | — | ||
| Q3 25 | -23.1% | 6.9% | ||
| Q2 25 | -15.2% | 9.1% | ||
| Q1 25 | -37.9% | 5.1% | ||
| Q4 24 | -45.8% | 0.1% | ||
| Q3 24 | -19.8% | 5.1% | ||
| Q2 24 | -18.0% | 11.1% | ||
| Q1 24 | -22.2% | 12.1% |
| Q4 25 | $-0.76 | — | ||
| Q3 25 | $-0.48 | $0.11 | ||
| Q2 25 | $-0.29 | $0.15 | ||
| Q1 25 | $-0.56 | $0.08 | ||
| Q4 24 | $-0.70 | $0.01 | ||
| Q3 24 | $-0.32 | $0.08 | ||
| Q2 24 | $-0.27 | $0.19 | ||
| Q1 24 | $-0.36 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.2B | $560.8M |
| Total Assets | $4.4B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.3M | — | ||
| Q3 25 | $64.4M | — | ||
| Q2 25 | $61.4M | — | ||
| Q1 25 | $81.3M | — | ||
| Q4 24 | $145.8M | — | ||
| Q3 24 | $137.0M | $102.1M | ||
| Q2 24 | $163.5M | $110.1M | ||
| Q1 24 | $220.5M | — |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $560.8M | ||
| Q2 25 | $1.3B | $543.8M | ||
| Q1 25 | $1.6B | $526.8M | ||
| Q4 24 | $1.8B | $518.8M | ||
| Q3 24 | $1.9B | $526.6M | ||
| Q2 24 | $2.0B | $556.3M | ||
| Q1 24 | $2.1B | $535.4M |
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $4.5B | $1.3B | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $5.0B | $1.3B | ||
| Q3 24 | $5.2B | $1.3B | ||
| Q2 24 | $5.3B | $1.3B | ||
| Q1 24 | $5.4B | $1.4B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $73.3M | $15.0M |
| Free Cash FlowOCF − Capex | — | $8.3M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | — | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | $140.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.3M | — | ||
| Q3 25 | $8.9M | $15.0M | ||
| Q2 25 | $18.8M | $51.4M | ||
| Q1 25 | $12.9M | $48.3M | ||
| Q4 24 | $129.4M | $51.4M | ||
| Q3 24 | $26.4M | $43.0M | ||
| Q2 24 | $23.8M | $31.0M | ||
| Q1 24 | $37.0M | $28.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $44.6M | ||
| Q1 25 | — | $41.9M | ||
| Q4 24 | — | $45.3M | ||
| Q3 24 | — | $39.3M | ||
| Q2 24 | — | $25.3M | ||
| Q1 24 | — | $24.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 19.6% | ||
| Q1 25 | — | 19.9% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 10.2% | ||
| Q1 24 | — | 9.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 2.48× | ||
| Q1 25 | — | 4.47× | ||
| Q4 24 | — | 171.33× | ||
| Q3 24 | — | 3.64× | ||
| Q2 24 | — | 1.12× | ||
| Q1 24 | — | 0.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JBGS
Segment breakdown not available.
JBI
| Self Storage New Construction | $72.3M | 33% |
| Commercial And Others | $65.5M | 30% |
| Self Storage R3 | $54.0M | 25% |
| Transferred At Point In Time | $15.5M | 7% |
| Transferred Over Time | $12.8M | 6% |
