vs
Side-by-side financial comparison of Perella Weinberg Partners (PWP) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Smith Douglas Homes Corp. is the larger business by last-quarter revenue ($260.4M vs $219.2M, roughly 1.2× Perella Weinberg Partners). Perella Weinberg Partners runs the higher net margin — 6.3% vs 1.4%, a 4.9% gap on every dollar of revenue. On growth, Perella Weinberg Partners posted the faster year-over-year revenue change (-2.9% vs -9.4%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $8.7M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 17.3%).
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
PWP vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $219.2M | $260.4M |
| Net Profit | $13.8M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | 8.5% | 6.5% |
| Net Margin | 6.3% | 1.4% |
| Revenue YoY | -2.9% | -9.4% |
| Net Profit YoY | — | -14.3% |
| EPS (diluted) | $0.11 | $0.39 |
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 | $219.2M | $260.4M | ||
| Q3 25 | $164.6M | $262.0M | ||
| Q2 25 | $155.3M | $223.9M | ||
| Q1 25 | $211.8M | $224.7M | ||
| Q4 24 | $225.7M | $287.5M | ||
| Q3 24 | $278.2M | $277.8M | ||
| Q2 24 | $272.0M | $220.9M | ||
| Q1 24 | $102.1M | $189.2M |
| Q4 25 | $13.8M | $3.5M | ||
| Q3 25 | $6.0M | $2.1M | ||
| Q2 25 | $2.7M | $2.4M | ||
| Q1 25 | $17.3M | $2.7M | ||
| Q4 24 | — | $4.1M | ||
| Q3 24 | $16.4M | $5.3M | ||
| Q2 24 | $-66.0M | $3.6M | ||
| Q1 24 | $-35.8M | $3.0M |
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 26.1% |
| Q4 25 | 8.5% | 6.5% | ||
| Q3 25 | 5.4% | 6.6% | ||
| Q2 25 | 5.8% | 7.7% | ||
| Q1 25 | 5.5% | 8.7% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | 12.9% | 14.2% | ||
| Q2 24 | -30.2% | 11.7% | ||
| Q1 24 | -52.4% | 11.3% |
| Q4 25 | 6.3% | 1.4% | ||
| Q3 25 | 3.6% | 0.8% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 8.2% | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 5.9% | 1.9% | ||
| Q2 24 | -24.3% | 1.7% | ||
| Q1 24 | -35.1% | 1.6% |
| Q4 25 | $0.11 | $0.39 | ||
| Q3 25 | $0.08 | $0.24 | ||
| Q2 25 | $0.04 | $0.26 | ||
| Q1 25 | $0.24 | $0.30 | ||
| Q4 24 | — | $0.50 | ||
| Q3 24 | $0.24 | $0.58 | ||
| Q2 24 | $-1.21 | $0.40 | ||
| Q1 24 | $-0.91 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.9M | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-127.4M | $86.7M |
| Total Assets | $797.6M | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $255.9M | $12.7M | ||
| Q3 25 | $185.5M | $14.8M | ||
| Q2 25 | $145.0M | $16.8M | ||
| Q1 25 | $111.2M | $12.7M | ||
| Q4 24 | $407.4M | $22.4M | ||
| Q3 24 | $335.1M | $23.7M | ||
| Q2 24 | $185.3M | $17.3M | ||
| Q1 24 | $156.7M | $32.8M |
| Q4 25 | $-127.4M | $86.7M | ||
| Q3 25 | $-302.4M | $82.2M | ||
| Q2 25 | $-318.4M | $80.0M | ||
| Q1 25 | $-323.1M | $76.9M | ||
| Q4 24 | $-421.4M | $73.6M | ||
| Q3 24 | $-360.8M | $68.4M | ||
| Q2 24 | $-283.0M | $62.1M | ||
| Q1 24 | $161.9M | $59.7M |
| Q4 25 | $797.6M | $557.6M | ||
| Q3 25 | $650.2M | $571.6M | ||
| Q2 25 | $606.7M | $570.2M | ||
| Q1 25 | $570.5M | $513.9M | ||
| Q4 24 | $876.8M | $475.9M | ||
| Q3 24 | $810.9M | $460.1M | ||
| Q2 24 | $645.5M | $429.3M | ||
| Q1 24 | $583.6M | $401.3M |
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 | $34.8M | $9.8M |
| Free Cash FlowOCF − Capex | $30.5M | $8.7M |
| FCF MarginFCF / Revenue | 13.9% | 3.4% |
| Capex IntensityCapex / Revenue | 2.0% | 0.4% |
| Cash ConversionOCF / Net Profit | 2.52× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.1M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.8M | $9.8M | ||
| Q3 25 | $59.2M | $22.8M | ||
| Q2 25 | $56.1M | $-28.9M | ||
| Q1 25 | $-176.5M | $-34.9M | ||
| Q4 24 | $223.4M | $5.5M | ||
| Q3 24 | $200.3M | $22.9M | ||
| Q2 24 | $90.0M | $39.0K | ||
| Q1 24 | $-206.3M | $-9.3M |
| Q4 25 | $30.5M | $8.7M | ||
| Q3 25 | $57.6M | $21.4M | ||
| Q2 25 | $55.3M | $-31.1M | ||
| Q1 25 | $-177.6M | $-35.9M | ||
| Q4 24 | $207.0M | $4.8M | ||
| Q3 24 | $199.3M | $22.3M | ||
| Q2 24 | $83.7M | $-2.1M | ||
| Q1 24 | $-214.8M | $-9.7M |
| Q4 25 | 13.9% | 3.4% | ||
| Q3 25 | 35.0% | 8.2% | ||
| Q2 25 | 35.6% | -13.9% | ||
| Q1 25 | -83.8% | -16.0% | ||
| Q4 24 | 91.7% | 1.7% | ||
| Q3 24 | 71.6% | 8.0% | ||
| Q2 24 | 30.8% | -1.0% | ||
| Q1 24 | -210.3% | -5.1% |
| Q4 25 | 2.0% | 0.4% | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 0.5% | 0.9% | ||
| Q1 25 | 0.5% | 0.5% | ||
| Q4 24 | 7.3% | 0.2% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 2.3% | 1.0% | ||
| Q1 24 | 8.3% | 0.2% |
| Q4 25 | 2.52× | 2.77× | ||
| Q3 25 | 9.85× | 10.70× | ||
| Q2 25 | 20.50× | -12.24× | ||
| Q1 25 | -10.18× | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | 12.23× | 4.28× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PWP
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
