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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and RING ENERGY, INC. (REI). Click either name above to swap in a different company.
JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $66.9M, roughly 1.9× RING ENERGY, INC.). On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -19.8%). Over the past eight quarters, JBG SMITH Properties's revenue compounded faster (-6.3% CAGR vs -15.9%).
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.
JBGS vs REI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $127.6M | $66.9M |
| Net Profit | $-45.5M | — |
| Gross Margin | — | — |
| Operating Margin | -47.5% | -37.6% |
| Net Margin | -35.7% | — |
| Revenue YoY | -2.5% | -19.8% |
| Net Profit YoY | 24.0% | — |
| EPS (diluted) | $-0.76 | $-0.07 |
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 | $66.9M | ||
| Q3 25 | $123.9M | $78.6M | ||
| Q2 25 | $126.5M | $82.6M | ||
| Q1 25 | $120.7M | $79.1M | ||
| Q4 24 | $130.8M | $83.4M | ||
| Q3 24 | $136.0M | $89.2M | ||
| Q2 24 | $135.3M | $99.1M | ||
| Q1 24 | $145.2M | $94.5M |
| Q4 25 | $-45.5M | — | ||
| Q3 25 | $-28.6M | $-51.6M | ||
| Q2 25 | $-19.2M | $20.6M | ||
| Q1 25 | $-45.7M | $9.1M | ||
| Q4 24 | $-59.9M | — | ||
| Q3 24 | $-27.0M | $33.9M | ||
| Q2 24 | $-24.4M | $22.4M | ||
| Q1 24 | $-32.3M | $5.5M |
| Q4 25 | -47.5% | -37.6% | ||
| Q3 25 | -27.5% | -70.0% | ||
| Q2 25 | -18.4% | 28.4% | ||
| Q1 25 | -44.7% | 28.3% | ||
| Q4 24 | -53.6% | 28.3% | ||
| Q3 24 | -22.4% | 33.4% | ||
| Q2 24 | -24.3% | 42.2% | ||
| Q1 24 | -30.1% | 39.8% |
| Q4 25 | -35.7% | — | ||
| Q3 25 | -23.1% | -65.7% | ||
| Q2 25 | -15.2% | 25.0% | ||
| Q1 25 | -37.9% | 11.5% | ||
| Q4 24 | -45.8% | — | ||
| Q3 24 | -19.8% | 38.0% | ||
| Q2 24 | -18.0% | 22.6% | ||
| Q1 24 | -22.2% | 5.8% |
| Q4 25 | $-0.76 | $-0.07 | ||
| Q3 25 | $-0.48 | $-0.25 | ||
| Q2 25 | $-0.29 | $0.10 | ||
| Q1 25 | $-0.56 | $0.05 | ||
| Q4 24 | $-0.70 | $0.03 | ||
| Q3 24 | $-0.32 | $0.17 | ||
| Q2 24 | $-0.27 | $0.11 | ||
| Q1 24 | $-0.36 | $0.03 |
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 | $902.9K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.2B | $836.3M |
| Total Assets | $4.4B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.3M | $902.9K | ||
| Q3 25 | $64.4M | $286.9K | ||
| Q2 25 | $61.4M | — | ||
| Q1 25 | $81.3M | $1.1M | ||
| Q4 24 | $145.8M | $1.9M | ||
| Q3 24 | $137.0M | — | ||
| Q2 24 | $163.5M | $1.2M | ||
| Q1 24 | $220.5M | $1.4M |
| Q4 25 | $1.2B | $836.3M | ||
| Q3 25 | $1.2B | $847.7M | ||
| Q2 25 | $1.3B | $897.9M | ||
| Q1 25 | $1.6B | $876.0M | ||
| Q4 24 | $1.8B | $858.6M | ||
| Q3 24 | $1.9B | $851.3M | ||
| Q2 24 | $2.0B | $817.4M | ||
| Q1 24 | $2.1B | $793.0M |
| Q4 25 | $4.4B | $1.4B | ||
| Q3 25 | $4.4B | $1.4B | ||
| Q2 25 | $4.5B | $1.5B | ||
| Q1 25 | $4.7B | $1.5B | ||
| Q4 24 | $5.0B | $1.4B | ||
| Q3 24 | $5.2B | $1.4B | ||
| Q2 24 | $5.3B | $1.4B | ||
| 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 | $44.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.3M | $44.7M | ||
| Q3 25 | $8.9M | $44.5M | ||
| Q2 25 | $18.8M | $33.3M | ||
| Q1 25 | $12.9M | $28.4M | ||
| Q4 24 | $129.4M | $47.3M | ||
| Q3 24 | $26.4M | $51.3M | ||
| Q2 24 | $23.8M | $50.6M | ||
| Q1 24 | $37.0M | $45.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.61× | ||
| Q1 25 | — | 3.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 2.26× | ||
| Q1 24 | — | 8.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
