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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and SONIDA SENIOR LIVING, INC. (SNDA). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $97.7M, roughly 1.3× SONIDA SENIOR LIVING, INC.). SONIDA SENIOR LIVING, INC. runs the higher net margin — -30.5% vs -35.7%, a 5.2% gap on every dollar of revenue. On growth, SONIDA SENIOR LIVING, INC. posted the faster year-over-year revenue change (6.2% vs -2.5%). Over the past eight quarters, SONIDA SENIOR LIVING, INC.'s revenue compounded faster (20.3% CAGR vs -6.3%).

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

Sonida Senior Living, Inc. is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third ...

JBGS vs SNDA — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.3× larger
JBGS
$127.6M
$97.7M
SNDA
Growing faster (revenue YoY)
SNDA
SNDA
+8.7% gap
SNDA
6.2%
-2.5%
JBGS
Higher net margin
SNDA
SNDA
5.2% more per $
SNDA
-30.5%
-35.7%
JBGS
Faster 2-yr revenue CAGR
SNDA
SNDA
Annualised
SNDA
20.3%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JBGS
JBGS
SNDA
SNDA
Revenue
$127.6M
$97.7M
Net Profit
$-45.5M
$-29.8M
Gross Margin
Operating Margin
-47.5%
-30.8%
Net Margin
-35.7%
-30.5%
Revenue YoY
-2.5%
6.2%
Net Profit YoY
24.0%
-441.0%
EPS (diluted)
$-0.76
$-1.73

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
SNDA
SNDA
Q4 25
$127.6M
$97.7M
Q3 25
$123.9M
$98.0M
Q2 25
$126.5M
$93.5M
Q1 25
$120.7M
$91.9M
Q4 24
$130.8M
$91.9M
Q3 24
$136.0M
$74.8M
Q2 24
$135.3M
$70.2M
Q1 24
$145.2M
$67.4M
Net Profit
JBGS
JBGS
SNDA
SNDA
Q4 25
$-45.5M
$-29.8M
Q3 25
$-28.6M
$-26.9M
Q2 25
$-19.2M
$-1.6M
Q1 25
$-45.7M
$-12.5M
Q4 24
$-59.9M
$-5.5M
Q3 24
$-27.0M
$-13.8M
Q2 24
$-24.4M
$-9.8M
Q1 24
$-32.3M
$27.0M
Operating Margin
JBGS
JBGS
SNDA
SNDA
Q4 25
-47.5%
-30.8%
Q3 25
-27.5%
-27.8%
Q2 25
-18.4%
-2.0%
Q1 25
-44.7%
21.9%
Q4 24
-53.6%
-6.7%
Q3 24
-22.4%
-19.0%
Q2 24
-24.3%
-13.9%
Q1 24
-30.1%
22.1%
Net Margin
JBGS
JBGS
SNDA
SNDA
Q4 25
-35.7%
-30.5%
Q3 25
-23.1%
-27.4%
Q2 25
-15.2%
-1.7%
Q1 25
-37.9%
-13.6%
Q4 24
-45.8%
-6.0%
Q3 24
-19.8%
-18.4%
Q2 24
-18.0%
-14.0%
Q1 24
-22.2%
40.1%
EPS (diluted)
JBGS
JBGS
SNDA
SNDA
Q4 25
$-0.76
$-1.73
Q3 25
$-0.48
$-1.56
Q2 25
$-0.29
$-0.16
Q1 25
$-0.56
$-0.77
Q4 24
$-0.70
$-0.86
Q3 24
$-0.32
$-0.98
Q2 24
$-0.27
$-0.86
Q1 24
$-0.36
$2.16

Balance Sheet & Financial Strength

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

Metric
JBGS
JBGS
SNDA
SNDA
Cash + ST InvestmentsLiquidity on hand
$75.3M
$11.0M
Total DebtLower is stronger
$689.7M
Stockholders' EquityBook value
$1.2B
$-11.0K
Total Assets
$4.4B
$844.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBGS
JBGS
SNDA
SNDA
Q4 25
$75.3M
$11.0M
Q3 25
$64.4M
$17.0M
Q2 25
$61.4M
$14.1M
Q1 25
$81.3M
$14.0M
Q4 24
$145.8M
$17.0M
Q3 24
$137.0M
$24.9M
Q2 24
$163.5M
$9.5M
Q1 24
$220.5M
$24.2M
Total Debt
JBGS
JBGS
SNDA
SNDA
Q4 25
$689.7M
Q3 25
$684.4M
Q2 25
$677.9M
Q1 25
$650.9M
Q4 24
$651.4M
Q3 24
$604.1M
Q2 24
$583.8M
Q1 24
$578.1M
Stockholders' Equity
JBGS
JBGS
SNDA
SNDA
Q4 25
$1.2B
$-11.0K
Q3 25
$1.2B
$29.8M
Q2 25
$1.3B
$56.7M
Q1 25
$1.6B
$58.8M
Q4 24
$1.8B
$71.8M
Q3 24
$1.9B
$77.5M
Q2 24
$2.0B
$-34.1M
Q1 24
$2.1B
$-41.4M
Total Assets
JBGS
JBGS
SNDA
SNDA
Q4 25
$4.4B
$844.8M
Q3 25
$4.4B
$854.8M
Q2 25
$4.5B
$849.8M
Q1 25
$4.7B
$824.5M
Q4 24
$5.0B
$841.9M
Q3 24
$5.2B
$796.2M
Q2 24
$5.3B
$652.2M
Q1 24
$5.4B
$636.3M
Debt / Equity
JBGS
JBGS
SNDA
SNDA
Q4 25
Q3 25
22.99×
Q2 25
11.96×
Q1 25
11.08×
Q4 24
9.07×
Q3 24
7.79×
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
JBGS
JBGS
SNDA
SNDA
Operating Cash FlowLast quarter
$73.3M
$-400.0K
Free Cash FlowOCF − Capex
$-9.3M
FCF MarginFCF / Revenue
-9.5%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBGS
JBGS
SNDA
SNDA
Q4 25
$73.3M
$-400.0K
Q3 25
$8.9M
$12.0M
Q2 25
$18.8M
$8.9M
Q1 25
$12.9M
$3.8M
Q4 24
$129.4M
$-3.1M
Q3 24
$26.4M
$3.0M
Q2 24
$23.8M
$2.5M
Q1 24
$37.0M
$-4.1M
Free Cash Flow
JBGS
JBGS
SNDA
SNDA
Q4 25
$-9.3M
Q3 25
$3.0M
Q2 25
$1.9M
Q1 25
$-4.5M
Q4 24
$-10.4M
Q3 24
$-5.1M
Q2 24
$-1.7M
Q1 24
$-9.9M
FCF Margin
JBGS
JBGS
SNDA
SNDA
Q4 25
-9.5%
Q3 25
3.0%
Q2 25
2.1%
Q1 25
-4.9%
Q4 24
-11.3%
Q3 24
-6.8%
Q2 24
-2.4%
Q1 24
-14.6%
Capex Intensity
JBGS
JBGS
SNDA
SNDA
Q4 25
9.1%
Q3 25
9.2%
Q2 25
7.5%
Q1 25
9.1%
Q4 24
7.9%
Q3 24
10.8%
Q2 24
5.9%
Q1 24
8.5%
Cash Conversion
JBGS
JBGS
SNDA
SNDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JBGS
JBGS

Segment breakdown not available.

SNDA
SNDA

Health Care Resident Service$86.3M88%
Community Reimbursement Revenue$10.3M11%
Management Service$1.1M1%

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