vs

Side-by-side financial comparison of RING ENERGY, INC. (REI) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.

RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $56.8M, roughly 1.2× Star Equity Holdings, Inc.). On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs -19.8%). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% CAGR vs -15.9%).

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.

Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.

REI vs STRR — Head-to-Head

Bigger by revenue
REI
REI
1.2× larger
REI
$66.9M
$56.8M
STRR
Growing faster (revenue YoY)
STRR
STRR
+88.9% gap
STRR
69.0%
-19.8%
REI
Faster 2-yr revenue CAGR
STRR
STRR
Annualised
STRR
29.5%
-15.9%
REI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
REI
REI
STRR
STRR
Revenue
$66.9M
$56.8M
Net Profit
$-1.7M
Gross Margin
Operating Margin
-37.6%
-0.2%
Net Margin
-3.0%
Revenue YoY
-19.8%
69.0%
Net Profit YoY
-192.1%
EPS (diluted)
$-0.07
$-0.49

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
REI
REI
STRR
STRR
Q4 25
$66.9M
$56.8M
Q3 25
$78.6M
$48.0M
Q2 25
$82.6M
$35.5M
Q1 25
$79.1M
$31.9M
Q4 24
$83.4M
$33.6M
Q3 24
$89.2M
$36.9M
Q2 24
$99.1M
$35.7M
Q1 24
$94.5M
$33.9M
Net Profit
REI
REI
STRR
STRR
Q4 25
$-1.7M
Q3 25
$-51.6M
$-1.8M
Q2 25
$20.6M
$-688.0K
Q1 25
$9.1M
$-1.8M
Q4 24
$-585.0K
Q3 24
$33.9M
$-846.0K
Q2 24
$22.4M
$-441.0K
Q1 24
$5.5M
$-2.9M
Gross Margin
REI
REI
STRR
STRR
Q4 25
Q3 25
43.0%
Q2 25
Q1 25
Q4 24
Q3 24
50.5%
Q2 24
Q1 24
Operating Margin
REI
REI
STRR
STRR
Q4 25
-37.6%
-0.2%
Q3 25
-70.0%
-3.4%
Q2 25
28.4%
-0.6%
Q1 25
28.3%
-5.4%
Q4 24
28.3%
-0.4%
Q3 24
33.4%
-1.2%
Q2 24
42.2%
-0.5%
Q1 24
39.8%
-9.0%
Net Margin
REI
REI
STRR
STRR
Q4 25
-3.0%
Q3 25
-65.7%
-3.7%
Q2 25
25.0%
-1.9%
Q1 25
11.5%
-5.5%
Q4 24
-1.7%
Q3 24
38.0%
-2.3%
Q2 24
22.6%
-1.2%
Q1 24
5.8%
-8.6%
EPS (diluted)
REI
REI
STRR
STRR
Q4 25
$-0.07
$-0.49
Q3 25
$-0.25
$-0.54
Q2 25
$0.10
$-0.23
Q1 25
$0.05
$-0.59
Q4 24
$0.03
$-0.21
Q3 24
$0.17
$-0.28
Q2 24
$0.11
$-0.15
Q1 24
$0.03
$-0.95

Balance Sheet & Financial Strength

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

Metric
REI
REI
STRR
STRR
Cash + ST InvestmentsLiquidity on hand
$902.9K
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$836.3M
$65.7M
Total Assets
$1.4B
$113.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REI
REI
STRR
STRR
Q4 25
$902.9K
$10.3M
Q3 25
$286.9K
$15.4M
Q2 25
$16.8M
Q1 25
$1.1M
$16.6M
Q4 24
$1.9M
$17.0M
Q3 24
$15.8M
Q2 24
$1.2M
$14.7M
Q1 24
$1.4M
$20.4M
Total Debt
REI
REI
STRR
STRR
Q4 25
Q3 25
$6.5M
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
REI
REI
STRR
STRR
Q4 25
$836.3M
$65.7M
Q3 25
$847.7M
$67.8M
Q2 25
$897.9M
$40.1M
Q1 25
$876.0M
$39.5M
Q4 24
$858.6M
$40.4M
Q3 24
$851.3M
$42.9M
Q2 24
$817.4M
$42.6M
Q1 24
$793.0M
$44.3M
Total Assets
REI
REI
STRR
STRR
Q4 25
$1.4B
$113.2M
Q3 25
$1.4B
$117.1M
Q2 25
$1.5B
$55.6M
Q1 25
$1.5B
$53.2M
Q4 24
$1.4B
$52.6M
Q3 24
$1.4B
$52.6M
Q2 24
$1.4B
$52.6M
Q1 24
$1.4B
$52.6M
Debt / Equity
REI
REI
STRR
STRR
Q4 25
Q3 25
0.10×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
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
REI
REI
STRR
STRR
Operating Cash FlowLast quarter
$44.7M
$-7.3M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-15.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REI
REI
STRR
STRR
Q4 25
$44.7M
$-7.3M
Q3 25
$44.5M
$-2.7M
Q2 25
$33.3M
$139.0K
Q1 25
$28.4M
$-802.0K
Q4 24
$47.3M
$-2.8M
Q3 24
$51.3M
$1.3M
Q2 24
$50.6M
$-4.3M
Q1 24
$45.2M
$-1.8M
Free Cash Flow
REI
REI
STRR
STRR
Q4 25
$-9.0M
Q3 25
$-3.4M
Q2 25
$102.0K
Q1 25
$-808.0K
Q4 24
$-2.8M
Q3 24
$1.3M
Q2 24
$-4.3M
Q1 24
$-1.8M
FCF Margin
REI
REI
STRR
STRR
Q4 25
-15.8%
Q3 25
-7.0%
Q2 25
0.3%
Q1 25
-2.5%
Q4 24
-8.3%
Q3 24
3.4%
Q2 24
-12.0%
Q1 24
-5.3%
Capex Intensity
REI
REI
STRR
STRR
Q4 25
3.0%
Q3 25
1.3%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
REI
REI
STRR
STRR
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.

Revenue Breakdown by Segment

REI
REI

Segment breakdown not available.

STRR
STRR

Revenue From Other Contracts With Customers$27.6M49%
Other$24.3M43%
Energy Services Segment$4.9M9%

Related Comparisons