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Side-by-side financial comparison of BOSTON BEER CO INC (SAM) 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 $461.6M, roughly 1.1× BOSTON BEER CO INC). On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -4.1%). Over the past eight quarters, STARWOOD PROPERTY TRUST, INC.'s revenue compounded faster (-2.9% CAGR vs -10.7%).

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

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...

SAM vs STWD — Head-to-Head

Bigger by revenue
STWD
STWD
1.1× larger
STWD
$492.9M
$461.6M
SAM
Growing faster (revenue YoY)
STWD
STWD
+12.6% gap
STWD
8.5%
-4.1%
SAM
Faster 2-yr revenue CAGR
STWD
STWD
Annualised
STWD
-2.9%
-10.7%
SAM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SAM
SAM
STWD
STWD
Revenue
$461.6M
$492.9M
Net Profit
$96.9M
Gross Margin
46.4%
Operating Margin
12.4%
26.6%
Net Margin
19.7%
Revenue YoY
-4.1%
8.5%
Net Profit YoY
87.7%
EPS (diluted)
$2.16
$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
SAM
SAM
STWD
STWD
Q1 26
$461.6M
Q4 25
$385.7M
$492.9M
Q3 25
$537.5M
$488.9M
Q2 25
$587.9M
$444.3M
Q1 25
$453.9M
$418.2M
Q4 24
$402.3M
$454.4M
Q3 24
$605.5M
$479.5M
Q2 24
$579.1M
$489.8M
Net Profit
SAM
SAM
STWD
STWD
Q1 26
Q4 25
$-22.5M
$96.9M
Q3 25
$46.2M
$72.6M
Q2 25
$60.4M
$129.8M
Q1 25
$24.4M
$112.3M
Q4 24
$-38.8M
$51.6M
Q3 24
$33.5M
$76.1M
Q2 24
$52.3M
$77.9M
Gross Margin
SAM
SAM
STWD
STWD
Q1 26
46.4%
Q4 25
43.5%
Q3 25
50.8%
Q2 25
49.8%
Q1 25
48.3%
Q4 24
39.9%
Q3 24
46.3%
Q2 24
46.0%
Operating Margin
SAM
SAM
STWD
STWD
Q1 26
12.4%
Q4 25
-8.6%
26.6%
Q3 25
11.5%
19.1%
Q2 25
14.0%
30.5%
Q1 25
7.4%
28.7%
Q4 24
-13.9%
15.1%
Q3 24
7.6%
17.2%
Q2 24
12.2%
19.1%
Net Margin
SAM
SAM
STWD
STWD
Q1 26
Q4 25
-5.8%
19.7%
Q3 25
8.6%
14.8%
Q2 25
10.3%
29.2%
Q1 25
5.4%
26.8%
Q4 24
-9.6%
11.4%
Q3 24
5.5%
15.9%
Q2 24
9.0%
15.9%
EPS (diluted)
SAM
SAM
STWD
STWD
Q1 26
$2.16
Q4 25
$-1.97
$0.25
Q3 25
$4.25
$0.19
Q2 25
$5.45
$0.38
Q1 25
$2.16
$0.33
Q4 24
$-3.23
$0.15
Q3 24
$2.86
$0.23
Q2 24
$4.39
$0.24

Balance Sheet & Financial Strength

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

Metric
SAM
SAM
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$164.1M
$499.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$682.6M
$6.8B
Total Assets
$1.2B
$63.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAM
SAM
STWD
STWD
Q1 26
$164.1M
Q4 25
$223.4M
$499.5M
Q3 25
$250.5M
$301.1M
Q2 25
$212.4M
$259.9M
Q1 25
$152.5M
$440.6M
Q4 24
$211.8M
$377.8M
Q3 24
$255.6M
$357.9M
Q2 24
$219.3M
$259.3M
Stockholders' Equity
SAM
SAM
STWD
STWD
Q1 26
$682.6M
Q4 25
$846.3M
$6.8B
Q3 25
$911.0M
$6.9B
Q2 25
$912.3M
$6.4B
Q1 25
$897.0M
$6.4B
Q4 24
$916.2M
$6.4B
Q3 24
$1.0B
$6.5B
Q2 24
$1.0B
$6.2B
Total Assets
SAM
SAM
STWD
STWD
Q1 26
$1.2B
Q4 25
$1.2B
$63.2B
Q3 25
$1.2B
$62.4B
Q2 25
$1.3B
$62.4B
Q1 25
$1.2B
$62.2B
Q4 24
$1.3B
$62.6B
Q3 24
$1.4B
$64.2B
Q2 24
$1.4B
$64.1B

Cash Flow & Capital Efficiency

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

Metric
SAM
SAM
STWD
STWD
Operating Cash FlowLast quarter
$488.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.04×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAM
SAM
STWD
STWD
Q1 26
Q4 25
$39.9M
$488.8M
Q3 25
$101.8M
$337.6M
Q2 25
$126.5M
$-87.4M
Q1 25
$1.9M
$238.9M
Q4 24
$41.9M
$295.6M
Q3 24
$115.9M
$241.8M
Q2 24
$96.0M
$53.3M
Free Cash Flow
SAM
SAM
STWD
STWD
Q1 26
Q4 25
$22.1M
Q3 25
$89.2M
Q2 25
$112.2M
Q1 25
$-8.0M
Q4 24
$18.4M
Q3 24
$99.2M
Q2 24
$75.6M
FCF Margin
SAM
SAM
STWD
STWD
Q1 26
Q4 25
5.7%
Q3 25
16.6%
Q2 25
19.1%
Q1 25
-1.8%
Q4 24
4.6%
Q3 24
16.4%
Q2 24
13.1%
Capex Intensity
SAM
SAM
STWD
STWD
Q1 26
Q4 25
4.6%
Q3 25
2.3%
Q2 25
2.4%
Q1 25
2.2%
Q4 24
5.8%
Q3 24
2.8%
Q2 24
3.5%
Cash Conversion
SAM
SAM
STWD
STWD
Q1 26
Q4 25
5.04×
Q3 25
2.21×
4.65×
Q2 25
2.09×
-0.67×
Q1 25
0.08×
2.13×
Q4 24
5.72×
Q3 24
3.46×
3.18×
Q2 24
1.83×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SAM
SAM

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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