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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and OPKO HEALTH, INC. (OPK). Click either name above to swap in a different company.

OPKO HEALTH, INC. is the larger business by last-quarter revenue ($148.5M vs $127.6M, roughly 1.2× JBG SMITH Properties). OPKO HEALTH, INC. runs the higher net margin — -21.1% vs -35.7%, a 14.7% gap on every dollar of revenue. On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -19.2%). Over the past eight quarters, JBG SMITH Properties's revenue compounded faster (-6.3% CAGR vs -7.5%).

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

OPKO Health, Inc. is a medical test and medication company focused on diagnostics and pharmaceuticals. The company is a publicly traded company on NASDAQ and TASE under the symbol "OPK".

JBGS vs OPK — Head-to-Head

Bigger by revenue
OPK
OPK
1.2× larger
OPK
$148.5M
$127.6M
JBGS
Growing faster (revenue YoY)
JBGS
JBGS
+16.7% gap
JBGS
-2.5%
-19.2%
OPK
Higher net margin
OPK
OPK
14.7% more per $
OPK
-21.1%
-35.7%
JBGS
Faster 2-yr revenue CAGR
JBGS
JBGS
Annualised
JBGS
-6.3%
-7.5%
OPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JBGS
JBGS
OPK
OPK
Revenue
$127.6M
$148.5M
Net Profit
$-45.5M
$-31.3M
Gross Margin
43.1%
Operating Margin
-47.5%
-25.8%
Net Margin
-35.7%
-21.1%
Revenue YoY
-2.5%
-19.2%
Net Profit YoY
24.0%
-322.8%
EPS (diluted)
$-0.76
$-0.04

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
JBGS
JBGS
OPK
OPK
Q4 25
$127.6M
$148.5M
Q3 25
$123.9M
$151.7M
Q2 25
$126.5M
$156.8M
Q1 25
$120.7M
$150.0M
Q4 24
$130.8M
$183.6M
Q3 24
$136.0M
$173.6M
Q2 24
$135.3M
$182.2M
Q1 24
$145.2M
$173.7M
Net Profit
JBGS
JBGS
OPK
OPK
Q4 25
$-45.5M
$-31.3M
Q3 25
$-28.6M
$21.6M
Q2 25
$-19.2M
$-148.4M
Q1 25
$-45.7M
$-67.6M
Q4 24
$-59.9M
$14.0M
Q3 24
$-27.0M
$24.9M
Q2 24
$-24.4M
$-10.3M
Q1 24
$-32.3M
$-81.8M
Gross Margin
JBGS
JBGS
OPK
OPK
Q4 25
43.1%
Q3 25
32.9%
Q2 25
31.5%
Q1 25
28.4%
Q4 24
46.1%
Q3 24
23.1%
Q2 24
28.4%
Q1 24
24.2%
Operating Margin
JBGS
JBGS
OPK
OPK
Q4 25
-47.5%
-25.8%
Q3 25
-27.5%
31.7%
Q2 25
-18.4%
-38.3%
Q1 25
-44.7%
-44.8%
Q4 24
-53.6%
-18.0%
Q3 24
-22.4%
8.2%
Q2 24
-24.3%
-33.9%
Q1 24
-30.1%
-41.2%
Net Margin
JBGS
JBGS
OPK
OPK
Q4 25
-35.7%
-21.1%
Q3 25
-23.1%
14.3%
Q2 25
-15.2%
-94.7%
Q1 25
-37.9%
-45.1%
Q4 24
-45.8%
7.6%
Q3 24
-19.8%
14.3%
Q2 24
-18.0%
-5.7%
Q1 24
-22.2%
-47.1%
EPS (diluted)
JBGS
JBGS
OPK
OPK
Q4 25
$-0.76
$-0.04
Q3 25
$-0.48
$0.03
Q2 25
$-0.29
$-0.19
Q1 25
$-0.56
$-0.10
Q4 24
$-0.70
$0.02
Q3 24
$-0.32
$0.03
Q2 24
$-0.27
$-0.01
Q1 24
$-0.36
$-0.12

Balance Sheet & Financial Strength

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

Metric
JBGS
JBGS
OPK
OPK
Cash + ST InvestmentsLiquidity on hand
$75.3M
$364.4M
Total DebtLower is stronger
$344.0M
Stockholders' EquityBook value
$1.2B
$1.3B
Total Assets
$4.4B
$1.9B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBGS
JBGS
OPK
OPK
Q4 25
$75.3M
$364.4M
Q3 25
$64.4M
$412.0M
Q2 25
$61.4M
$267.3M
Q1 25
$81.3M
$428.8M
Q4 24
$145.8M
$426.6M
Q3 24
$137.0M
$400.1M
Q2 24
$163.5M
$40.6M
Q1 24
$220.5M
$75.6M
Total Debt
JBGS
JBGS
OPK
OPK
Q4 25
$344.0M
Q3 25
$344.2M
Q2 25
$343.3M
Q1 25
$439.2M
Q4 24
$437.2M
Q3 24
$441.0M
Q2 24
$201.9M
Q1 24
$350.1M
Stockholders' Equity
JBGS
JBGS
OPK
OPK
Q4 25
$1.2B
$1.3B
Q3 25
$1.2B
$1.3B
Q2 25
$1.3B
$1.3B
Q1 25
$1.6B
$1.3B
Q4 24
$1.8B
$1.4B
Q3 24
$1.9B
$1.4B
Q2 24
$2.0B
$1.4B
Q1 24
$2.1B
$1.3B
Total Assets
JBGS
JBGS
OPK
OPK
Q4 25
$4.4B
$1.9B
Q3 25
$4.4B
$2.0B
Q2 25
$4.5B
$2.0B
Q1 25
$4.7B
$2.1B
Q4 24
$5.0B
$2.2B
Q3 24
$5.2B
$2.3B
Q2 24
$5.3B
$2.0B
Q1 24
$5.4B
$2.0B
Debt / Equity
JBGS
JBGS
OPK
OPK
Q4 25
0.27×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.33×
Q4 24
0.32×
Q3 24
0.31×
Q2 24
0.14×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
JBGS
JBGS
OPK
OPK
Operating Cash FlowLast quarter
$73.3M
$-25.9M
Free Cash FlowOCF − Capex
$-28.6M
FCF MarginFCF / Revenue
-19.3%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-190.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBGS
JBGS
OPK
OPK
Q4 25
$73.3M
$-25.9M
Q3 25
$8.9M
$-34.6M
Q2 25
$18.8M
$-83.4M
Q1 25
$12.9M
$-34.6M
Q4 24
$129.4M
$-44.4M
Q3 24
$26.4M
$-77.1M
Q2 24
$23.8M
$-26.4M
Q1 24
$37.0M
$-35.6M
Free Cash Flow
JBGS
JBGS
OPK
OPK
Q4 25
$-28.6M
Q3 25
$-37.8M
Q2 25
$-86.7M
Q1 25
$-37.7M
Q4 24
$-49.8M
Q3 24
$-85.0M
Q2 24
$-33.7M
Q1 24
$-40.0M
FCF Margin
JBGS
JBGS
OPK
OPK
Q4 25
-19.3%
Q3 25
-24.9%
Q2 25
-55.3%
Q1 25
-25.2%
Q4 24
-27.1%
Q3 24
-49.0%
Q2 24
-18.5%
Q1 24
-23.0%
Capex Intensity
JBGS
JBGS
OPK
OPK
Q4 25
1.8%
Q3 25
2.1%
Q2 25
2.1%
Q1 25
2.1%
Q4 24
2.9%
Q3 24
4.6%
Q2 24
4.0%
Q1 24
2.6%
Cash Conversion
JBGS
JBGS
OPK
OPK
Q4 25
Q3 25
-1.60×
Q2 25
Q1 25
Q4 24
-3.17×
Q3 24
-3.10×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

JBGS
JBGS

Segment breakdown not available.

OPK
OPK

Services$71.1M48%
Transfer Of Intellectual Property And Other$33.7M23%
IE$22.1M15%
Rayaldee$8.8M6%
Barda Agreement$6.8M5%
MX$6.3M4%

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