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Side-by-side financial comparison of Kennedy-Wilson Holdings, Inc. (KW) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
ONE Group Hospitality, Inc. is the larger business by last-quarter revenue ($207.0M vs $120.6M, roughly 1.7× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs -3.1%, a 51.2% gap on every dollar of revenue. On growth, ONE Group Hospitality, Inc. posted the faster year-over-year revenue change (-6.7% vs -11.0%). ONE Group Hospitality, Inc. produced more free cash flow last quarter ($-329.0K vs $-55.2M). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs -6.0%).
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
KW vs STKS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.6M | $207.0M |
| Net Profit | $58.0M | $-6.4M |
| Gross Margin | — | — |
| Operating Margin | 57.3% | 2.2% |
| Net Margin | 48.1% | -3.1% |
| Revenue YoY | -11.0% | -6.7% |
| Net Profit YoY | 32.7% | -531.8% |
| EPS (diluted) | $0.22 | $-0.50 |
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 | $120.6M | $207.0M | ||
| Q3 25 | $116.4M | $180.2M | ||
| Q2 25 | $135.7M | $207.4M | ||
| Q1 25 | $128.3M | $211.1M | ||
| Q4 24 | $135.5M | $221.9M | ||
| Q3 24 | $127.5M | $194.0M | ||
| Q2 24 | $132.0M | $172.5M | ||
| Q1 24 | $136.4M | $85.0M |
| Q4 25 | $58.0M | $-6.4M | ||
| Q3 25 | $-10.2M | $-76.7M | ||
| Q2 25 | $5.6M | $-10.1M | ||
| Q1 25 | $-29.6M | $975.0K | ||
| Q4 24 | $43.7M | $1.5M | ||
| Q3 24 | $-66.8M | $-9.3M | ||
| Q2 24 | $-48.3M | $-7.3M | ||
| Q1 24 | $37.7M | $-2.1M |
| Q4 25 | 57.3% | 2.2% | ||
| Q3 25 | -6.2% | -4.4% | ||
| Q2 25 | 7.4% | 0.3% | ||
| Q1 25 | -26.9% | 5.1% | ||
| Q4 24 | 36.7% | 5.5% | ||
| Q3 24 | -60.8% | -1.9% | ||
| Q2 24 | -45.5% | 0.6% | ||
| Q1 24 | 47.2% | -0.7% |
| Q4 25 | 48.1% | -3.1% | ||
| Q3 25 | -8.8% | -42.6% | ||
| Q2 25 | 4.1% | -4.9% | ||
| Q1 25 | -23.1% | 0.5% | ||
| Q4 24 | 32.3% | 0.7% | ||
| Q3 24 | -52.4% | -4.8% | ||
| Q2 24 | -36.6% | -4.3% | ||
| Q1 24 | 27.6% | -2.4% |
| Q4 25 | $0.22 | $-0.50 | ||
| Q3 25 | $-0.15 | $-2.75 | ||
| Q2 25 | $-0.05 | $-0.59 | ||
| Q1 25 | $-0.30 | $-0.21 | ||
| Q4 24 | $0.24 | $-0.18 | ||
| Q3 24 | $-0.56 | $-0.53 | ||
| Q2 24 | $-0.43 | $-0.38 | ||
| Q1 24 | $0.19 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.5M | $4.2M |
| Total DebtLower is stronger | — | $354.2M |
| Stockholders' EquityBook value | $1.5B | $-75.8M |
| Total Assets | $6.6B | $884.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.5M | $4.2M | ||
| Q3 25 | $382.6M | $5.5M | ||
| Q2 25 | $309.1M | $4.7M | ||
| Q1 25 | $356.6M | $21.4M | ||
| Q4 24 | $217.5M | $27.6M | ||
| Q3 24 | $367.1M | $28.2M | ||
| Q2 24 | $366.5M | $32.2M | ||
| Q1 24 | $541.9M | $15.4M |
| Q4 25 | — | $354.2M | ||
| Q3 25 | — | $355.0M | ||
| Q2 25 | — | $347.4M | ||
| Q1 25 | — | $348.3M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M | ||
| Q1 24 | — | $73.5M |
| Q4 25 | $1.5B | $-75.8M | ||
| Q3 25 | $1.5B | $-61.5M | ||
| Q2 25 | $1.6B | $23.0M | ||
| Q1 25 | $1.6B | $40.5M | ||
| Q4 24 | $1.6B | $45.9M | ||
| Q3 24 | $1.6B | $51.4M | ||
| Q2 24 | $1.7B | $68.1M | ||
| Q1 24 | $1.7B | $68.3M |
| Q4 25 | $6.6B | $884.2M | ||
| Q3 25 | $6.7B | $879.5M | ||
| Q2 25 | $6.8B | $935.7M | ||
| Q1 25 | $7.2B | $956.0M | ||
| Q4 24 | $7.0B | $960.1M | ||
| Q3 24 | $7.4B | $953.5M | ||
| Q2 24 | $7.5B | $945.9M | ||
| Q1 24 | $7.7B | $309.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.07× | ||
| Q1 25 | — | 8.61× | ||
| Q4 24 | — | 7.59× | ||
| Q3 24 | — | 6.79× | ||
| Q2 24 | — | 5.14× | ||
| Q1 24 | — | 1.08× |
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 | $11.4M | $13.1M |
| Free Cash FlowOCF − Capex | $-55.2M | $-329.0K |
| FCF MarginFCF / Revenue | -45.8% | -0.2% |
| Capex IntensityCapex / Revenue | 55.2% | 6.5% |
| Cash ConversionOCF / Net Profit | 0.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-103.5M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $13.1M | ||
| Q3 25 | $-7.6M | $5.9M | ||
| Q2 25 | $42.0M | $2.8M | ||
| Q1 25 | $-51.9M | $8.5M | ||
| Q4 24 | $55.1M | $18.5M | ||
| Q3 24 | $-5.6M | $19.1M | ||
| Q2 24 | $36.7M | $-3.8M | ||
| Q1 24 | $-5.6M | $10.4M |
| Q4 25 | $-55.2M | $-329.0K | ||
| Q3 25 | $-18.0M | $-6.1M | ||
| Q2 25 | $29.4M | $-15.0M | ||
| Q1 25 | $-59.7M | $-5.8M | ||
| Q4 24 | $-76.5M | $733.0K | ||
| Q3 24 | $-27.7M | $287.0K | ||
| Q2 24 | $-500.0K | $-23.0M | ||
| Q1 24 | $-57.1M | $-5.4M |
| Q4 25 | -45.8% | -0.2% | ||
| Q3 25 | -15.5% | -3.4% | ||
| Q2 25 | 21.7% | -7.2% | ||
| Q1 25 | -46.5% | -2.7% | ||
| Q4 24 | -56.5% | 0.3% | ||
| Q3 24 | -21.7% | 0.1% | ||
| Q2 24 | -0.4% | -13.3% | ||
| Q1 24 | -41.9% | -6.4% |
| Q4 25 | 55.2% | 6.5% | ||
| Q3 25 | 8.9% | 6.7% | ||
| Q2 25 | 9.3% | 8.6% | ||
| Q1 25 | 6.1% | 6.8% | ||
| Q4 24 | 97.1% | 8.0% | ||
| Q3 24 | 17.3% | 9.7% | ||
| Q2 24 | 28.2% | 11.1% | ||
| Q1 24 | 37.8% | 18.6% |
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.50× | — | ||
| Q1 25 | — | 8.76× | ||
| Q4 24 | 1.26× | 12.54× | ||
| 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
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
