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Side-by-side financial comparison of MASIMO CORP (MASI) and STARWOOD PROPERTY TRUST, INC. (STWD). Click either name above to swap in a different company.

STARWOOD PROPERTY TRUST, INC. is the larger business by last-quarter revenue ($492.9M vs $371.5M, roughly 1.3× MASIMO CORP). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs -27.0%, a 46.7% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -26.4%). Over the past eight quarters, STARWOOD PROPERTY TRUST, INC.'s revenue compounded faster (-2.9% CAGR vs -17.7%).

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. Starwood was founded in 1969 as a real estate investment trust named Hotel Investors Trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties co...

MASI vs STWD — Head-to-Head

Bigger by revenue
STWD
STWD
1.3× larger
STWD
$492.9M
$371.5M
MASI
Growing faster (revenue YoY)
STWD
STWD
+34.9% gap
STWD
8.5%
-26.4%
MASI
Higher net margin
STWD
STWD
46.7% more per $
STWD
19.7%
-27.0%
MASI
Faster 2-yr revenue CAGR
STWD
STWD
Annualised
STWD
-2.9%
-17.7%
MASI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MASI
MASI
STWD
STWD
Revenue
$371.5M
$492.9M
Net Profit
$-100.4M
$96.9M
Gross Margin
62.1%
Operating Margin
22.5%
26.6%
Net Margin
-27.0%
19.7%
Revenue YoY
-26.4%
8.5%
Net Profit YoY
-1124.5%
87.7%
EPS (diluted)
$-1.84
$0.25

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
MASI
MASI
STWD
STWD
Q4 25
$492.9M
Q3 25
$371.5M
$488.9M
Q2 25
$370.9M
$444.3M
Q1 25
$372.0M
$418.2M
Q4 24
$600.7M
$454.4M
Q3 24
$504.6M
$479.5M
Q2 24
$496.3M
$489.8M
Q1 24
$492.8M
$523.1M
Net Profit
MASI
MASI
STWD
STWD
Q4 25
$96.9M
Q3 25
$-100.4M
$72.6M
Q2 25
$51.3M
$129.8M
Q1 25
$-170.7M
$112.3M
Q4 24
$-349.6M
$51.6M
Q3 24
$9.8M
$76.1M
Q2 24
$16.0M
$77.9M
Q1 24
$18.9M
$154.3M
Gross Margin
MASI
MASI
STWD
STWD
Q4 25
Q3 25
62.1%
Q2 25
62.9%
Q1 25
62.9%
Q4 24
40.7%
Q3 24
52.2%
Q2 24
51.3%
Q1 24
49.0%
Operating Margin
MASI
MASI
STWD
STWD
Q4 25
26.6%
Q3 25
22.5%
19.1%
Q2 25
17.4%
30.5%
Q1 25
21.0%
28.7%
Q4 24
-59.8%
15.1%
Q3 24
6.0%
17.2%
Q2 24
5.7%
19.1%
Q1 24
6.9%
30.8%
Net Margin
MASI
MASI
STWD
STWD
Q4 25
19.7%
Q3 25
-27.0%
14.8%
Q2 25
13.8%
29.2%
Q1 25
-45.9%
26.8%
Q4 24
-58.2%
11.4%
Q3 24
1.9%
15.9%
Q2 24
3.2%
15.9%
Q1 24
3.8%
29.5%
EPS (diluted)
MASI
MASI
STWD
STWD
Q4 25
$0.25
Q3 25
$-1.84
$0.19
Q2 25
$0.94
$0.38
Q1 25
$-3.12
$0.33
Q4 24
$-6.54
$0.15
Q3 24
$0.18
$0.23
Q2 24
$0.29
$0.24
Q1 24
$0.35
$0.48

Balance Sheet & Financial Strength

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

Metric
MASI
MASI
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$312.3M
$499.5M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$810.0M
$6.8B
Total Assets
$1.8B
$63.2B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MASI
MASI
STWD
STWD
Q4 25
$499.5M
Q3 25
$312.3M
$301.1M
Q2 25
$149.6M
$259.9M
Q1 25
$130.8M
$440.6M
Q4 24
$177.6M
$377.8M
Q3 24
$158.5M
$357.9M
Q2 24
$129.6M
$259.3M
Q1 24
$157.6M
$327.4M
Total Debt
MASI
MASI
STWD
STWD
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
MASI
MASI
STWD
STWD
Q4 25
$6.8B
Q3 25
$810.0M
$6.9B
Q2 25
$1.0B
$6.4B
Q1 25
$946.4M
$6.4B
Q4 24
$1.1B
$6.4B
Q3 24
$1.5B
$6.5B
Q2 24
$1.4B
$6.2B
Q1 24
$1.4B
$6.3B
Total Assets
MASI
MASI
STWD
STWD
Q4 25
$63.2B
Q3 25
$1.8B
$62.4B
Q2 25
$2.4B
$62.4B
Q1 25
$2.3B
$62.2B
Q4 24
$2.6B
$62.6B
Q3 24
$3.1B
$64.2B
Q2 24
$2.9B
$64.1B
Q1 24
$3.0B
$66.2B
Debt / Equity
MASI
MASI
STWD
STWD
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
0.64×

Cash Flow & Capital Efficiency

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

Metric
MASI
MASI
STWD
STWD
Operating Cash FlowLast quarter
$56.8M
$488.8M
Free Cash FlowOCF − Capex
$50.9M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
5.04×
TTM Free Cash FlowTrailing 4 quarters
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MASI
MASI
STWD
STWD
Q4 25
$488.8M
Q3 25
$56.8M
$337.6M
Q2 25
$69.4M
$-87.4M
Q1 25
$31.1M
$238.9M
Q4 24
$50.5M
$295.6M
Q3 24
$25.6M
$241.8M
Q2 24
$74.5M
$53.3M
Q1 24
$45.8M
$55.9M
Free Cash Flow
MASI
MASI
STWD
STWD
Q4 25
Q3 25
$50.9M
Q2 25
$65.6M
Q1 25
$28.5M
Q4 24
$46.0M
Q3 24
$16.9M
Q2 24
$66.9M
Q1 24
$37.6M
FCF Margin
MASI
MASI
STWD
STWD
Q4 25
Q3 25
13.7%
Q2 25
17.7%
Q1 25
7.7%
Q4 24
7.7%
Q3 24
3.3%
Q2 24
13.5%
Q1 24
7.6%
Capex Intensity
MASI
MASI
STWD
STWD
Q4 25
Q3 25
1.6%
Q2 25
1.0%
Q1 25
0.7%
Q4 24
0.7%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.7%
Cash Conversion
MASI
MASI
STWD
STWD
Q4 25
5.04×
Q3 25
4.65×
Q2 25
1.35×
-0.67×
Q1 25
2.13×
Q4 24
5.72×
Q3 24
2.61×
3.18×
Q2 24
4.66×
0.68×
Q1 24
2.42×
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MASI
MASI

Segment breakdown not available.

STWD
STWD

Commercial And Residential Lending Segment$335.2M68%
Infrastructure Lending Segment$70.3M14%
Property Segment$57.8M12%
Other$29.7M6%

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