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Side-by-side financial comparison of RCI HOSPITALITY HOLDINGS, INC. (RICK) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

RCI HOSPITALITY HOLDINGS, INC. is the larger business by last-quarter revenue ($70.9M vs $40.1M, roughly 1.8× Strawberry Fields REIT, Inc.). Strawberry Fields REIT, Inc. runs the higher net margin — 5.0% vs -7.8%, a 12.8% gap on every dollar of revenue. On growth, Strawberry Fields REIT, Inc. posted the faster year-over-year revenue change (31.5% vs -3.1%). Over the past eight quarters, Strawberry Fields REIT, Inc.'s revenue compounded faster (20.0% CAGR vs -2.0%).

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

RICK vs STRW — Head-to-Head

Bigger by revenue
RICK
RICK
1.8× larger
RICK
$70.9M
$40.1M
STRW
Growing faster (revenue YoY)
STRW
STRW
+34.7% gap
STRW
31.5%
-3.1%
RICK
Higher net margin
STRW
STRW
12.8% more per $
STRW
5.0%
-7.8%
RICK
Faster 2-yr revenue CAGR
STRW
STRW
Annualised
STRW
20.0%
-2.0%
RICK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RICK
RICK
STRW
STRW
Revenue
$70.9M
$40.1M
Net Profit
$-5.5M
$2.0M
Gross Margin
Operating Margin
-0.7%
52.4%
Net Margin
-7.8%
5.0%
Revenue YoY
-3.1%
31.5%
Net Profit YoY
-2354.9%
37.6%
EPS (diluted)
$-0.60
$0.15

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
RICK
RICK
STRW
STRW
Q4 25
$40.1M
Q3 25
$70.9M
$39.7M
Q2 25
$71.1M
$37.9M
Q1 25
$65.9M
$37.3M
Q4 24
$71.5M
$30.5M
Q3 24
$73.2M
$29.5M
Q2 24
$76.2M
$29.3M
Q1 24
$72.3M
$27.8M
Net Profit
RICK
RICK
STRW
STRW
Q4 25
$2.0M
Q3 25
$-5.5M
$2.0M
Q2 25
$4.1M
$2.0M
Q1 25
$3.2M
$1.6M
Q4 24
$9.0M
$1.5M
Q3 24
$244.0K
$944.0K
Q2 24
$-5.2M
$938.0K
Q1 24
$774.0K
$746.0K
Operating Margin
RICK
RICK
STRW
STRW
Q4 25
52.4%
Q3 25
-0.7%
56.6%
Q2 25
12.2%
54.5%
Q1 25
12.4%
54.1%
Q4 24
19.5%
51.5%
Q3 24
4.8%
54.4%
Q2 24
-3.3%
52.3%
Q1 24
6.4%
51.3%
Net Margin
RICK
RICK
STRW
STRW
Q4 25
5.0%
Q3 25
-7.8%
5.1%
Q2 25
5.7%
5.2%
Q1 25
4.9%
4.2%
Q4 24
12.6%
4.8%
Q3 24
0.3%
3.2%
Q2 24
-6.9%
3.2%
Q1 24
1.1%
2.7%
EPS (diluted)
RICK
RICK
STRW
STRW
Q4 25
$0.15
Q3 25
$-0.60
$0.16
Q2 25
$0.46
$0.16
Q1 25
$0.36
$0.13
Q4 24
$1.01
$0.17
Q3 24
$0.04
$0.14
Q2 24
$-0.56
$0.14
Q1 24
$0.08
$0.12

Balance Sheet & Financial Strength

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

Metric
RICK
RICK
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$33.7M
$31.8M
Total DebtLower is stronger
$238.2M
$794.7M
Stockholders' EquityBook value
$261.1M
$12.1M
Total Assets
$596.9M
$885.2M
Debt / EquityLower = less leverage
0.91×
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RICK
RICK
STRW
STRW
Q4 25
$31.8M
Q3 25
$33.7M
$19.8M
Q2 25
$29.3M
$96.3M
Q1 25
$32.7M
$42.3M
Q4 24
$34.7M
$48.4M
Q3 24
$32.4M
$29.3M
Q2 24
$34.9M
$16.1M
Q1 24
$20.0M
$15.1M
Total Debt
RICK
RICK
STRW
STRW
Q4 25
$794.7M
Q3 25
$238.2M
$779.4M
Q2 25
$243.8M
$794.1M
Q1 25
$244.1M
$715.5M
Q4 24
$673.9M
Q3 24
$241.1M
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
RICK
RICK
STRW
STRW
Q4 25
$12.1M
Q3 25
$261.1M
$14.2M
Q2 25
$269.5M
$15.5M
Q1 25
$268.8M
$19.6M
Q4 24
$269.0M
$18.2M
Q3 24
$263.4M
$12.6M
Q2 24
$271.2M
$7.4M
Q1 24
$285.8M
$7.5M
Total Assets
RICK
RICK
STRW
STRW
Q4 25
$885.2M
Q3 25
$596.9M
$880.6M
Q2 25
$597.4M
$897.3M
Q1 25
$589.8M
$834.8M
Q4 24
$586.2M
$787.6M
Q3 24
$584.4M
$661.5M
Q2 24
$601.0M
$635.9M
Q1 24
$609.9M
$634.9M
Debt / Equity
RICK
RICK
STRW
STRW
Q4 25
65.64×
Q3 25
0.91×
54.70×
Q2 25
0.90×
51.26×
Q1 25
0.91×
36.47×
Q4 24
37.09×
Q3 24
0.92×
46.34×
Q2 24
74.61×
Q1 24
74.81×

Cash Flow & Capital Efficiency

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

Metric
RICK
RICK
STRW
STRW
Operating Cash FlowLast quarter
$13.7M
$90.0M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
44.62×
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RICK
RICK
STRW
STRW
Q4 25
$90.0M
Q3 25
$13.7M
$20.7M
Q2 25
$13.8M
$29.8M
Q1 25
$8.5M
$19.0M
Q4 24
$13.3M
$59.3M
Q3 24
$15.7M
$11.8M
Q2 24
$15.8M
$20.6M
Q1 24
$10.8M
$2.1M
Free Cash Flow
RICK
RICK
STRW
STRW
Q4 25
Q3 25
$11.5M
Q2 25
$10.1M
Q1 25
$5.7M
Q4 24
$7.6M
Q3 24
$10.3M
Q2 24
$9.3M
Q1 24
$3.2M
FCF Margin
RICK
RICK
STRW
STRW
Q4 25
Q3 25
16.2%
Q2 25
14.2%
Q1 25
8.6%
Q4 24
10.6%
Q3 24
14.0%
Q2 24
12.3%
Q1 24
4.4%
Capex Intensity
RICK
RICK
STRW
STRW
Q4 25
Q3 25
3.2%
Q2 25
5.2%
Q1 25
4.3%
Q4 24
8.0%
Q3 24
7.3%
Q2 24
8.4%
Q1 24
10.6%
Cash Conversion
RICK
RICK
STRW
STRW
Q4 25
44.62×
Q3 25
10.26×
Q2 25
3.40×
15.24×
Q1 25
2.65×
11.97×
Q4 24
1.48×
40.44×
Q3 24
64.14×
12.53×
Q2 24
21.93×
Q1 24
14.00×
2.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

STRW
STRW

Segment breakdown not available.

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