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Side-by-side financial comparison of SBC Medical Group Holdings Inc (SBC) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

Strawberry Fields REIT, Inc. is the larger business by last-quarter revenue ($40.1M vs $39.6M, roughly 1.0× SBC Medical Group Holdings Inc). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs 5.0%, a 30.9% gap on every dollar of revenue. On growth, Strawberry Fields REIT, Inc. posted the faster year-over-year revenue change (31.5% vs -10.9%). Over the past eight quarters, Strawberry Fields REIT, Inc.'s revenue compounded faster (20.0% CAGR vs -15.0%).

SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.

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.

SBC vs STRW — Head-to-Head

Bigger by revenue
STRW
STRW
1.0× larger
STRW
$40.1M
$39.6M
SBC
Growing faster (revenue YoY)
STRW
STRW
+42.4% gap
STRW
31.5%
-10.9%
SBC
Higher net margin
SBC
SBC
30.9% more per $
SBC
35.9%
5.0%
STRW
Faster 2-yr revenue CAGR
STRW
STRW
Annualised
STRW
20.0%
-15.0%
SBC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SBC
SBC
STRW
STRW
Revenue
$39.6M
$40.1M
Net Profit
$14.2M
$2.0M
Gross Margin
73.1%
Operating Margin
32.5%
52.4%
Net Margin
35.9%
5.0%
Revenue YoY
-10.9%
31.5%
Net Profit YoY
117.2%
37.6%
EPS (diluted)
$0.15
$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
SBC
SBC
STRW
STRW
Q4 25
$39.6M
$40.1M
Q3 25
$43.4M
$39.7M
Q2 25
$43.4M
$37.9M
Q1 25
$47.3M
$37.3M
Q4 24
$44.4M
$30.5M
Q3 24
$53.1M
$29.5M
Q2 24
$53.1M
$29.3M
Q1 24
$54.8M
$27.8M
Net Profit
SBC
SBC
STRW
STRW
Q4 25
$14.2M
$2.0M
Q3 25
$12.8M
$2.0M
Q2 25
$2.5M
$2.0M
Q1 25
$21.5M
$1.6M
Q4 24
$6.5M
$1.5M
Q3 24
$2.8M
$944.0K
Q2 24
$18.5M
$938.0K
Q1 24
$18.8M
$746.0K
Gross Margin
SBC
SBC
STRW
STRW
Q4 25
73.1%
Q3 25
70.6%
Q2 25
69.2%
Q1 25
79.7%
Q4 24
76.3%
Q3 24
81.5%
Q2 24
74.2%
Q1 24
72.1%
Operating Margin
SBC
SBC
STRW
STRW
Q4 25
32.5%
52.4%
Q3 25
36.6%
56.6%
Q2 25
33.6%
54.5%
Q1 25
51.1%
54.1%
Q4 24
10.6%
51.5%
Q3 24
26.1%
54.4%
Q2 24
51.4%
52.3%
Q1 24
44.6%
51.3%
Net Margin
SBC
SBC
STRW
STRW
Q4 25
35.9%
5.0%
Q3 25
29.6%
5.1%
Q2 25
5.7%
5.2%
Q1 25
45.4%
4.2%
Q4 24
14.7%
4.8%
Q3 24
5.3%
3.2%
Q2 24
34.8%
3.2%
Q1 24
34.2%
2.7%
EPS (diluted)
SBC
SBC
STRW
STRW
Q4 25
$0.15
$0.15
Q3 25
$0.12
$0.16
Q2 25
$0.02
$0.16
Q1 25
$0.21
$0.13
Q4 24
$0.05
$0.17
Q3 24
$0.03
$0.14
Q2 24
$0.20
$0.14
Q1 24
$0.20
$0.12

Balance Sheet & Financial Strength

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

Metric
SBC
SBC
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$164.1M
$31.8M
Total DebtLower is stronger
$42.8M
$794.7M
Stockholders' EquityBook value
$248.3M
$12.1M
Total Assets
$380.4M
$885.2M
Debt / EquityLower = less leverage
0.17×
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBC
SBC
STRW
STRW
Q4 25
$164.1M
$31.8M
Q3 25
$127.4M
$19.8M
Q2 25
$152.7M
$96.3M
Q1 25
$132.1M
$42.3M
Q4 24
$125.0M
$48.4M
Q3 24
$137.4M
$29.3M
Q2 24
$16.1M
Q1 24
$15.1M
Total Debt
SBC
SBC
STRW
STRW
Q4 25
$42.8M
$794.7M
Q3 25
$21.1M
$779.4M
Q2 25
$7.1M
$794.1M
Q1 25
$6.9M
$715.5M
Q4 24
$6.6M
$673.9M
Q3 24
$823.2K
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
SBC
SBC
STRW
STRW
Q4 25
$248.3M
$12.1M
Q3 25
$248.0M
$14.2M
Q2 25
$244.6M
$15.5M
Q1 25
$226.4M
$19.6M
Q4 24
$195.1M
$18.2M
Q3 24
$205.0M
$12.6M
Q2 24
$8.8M
$7.4M
Q1 24
$9.0M
$7.5M
Total Assets
SBC
SBC
STRW
STRW
Q4 25
$380.4M
$885.2M
Q3 25
$321.4M
$880.6M
Q2 25
$315.3M
$897.3M
Q1 25
$284.6M
$834.8M
Q4 24
$266.1M
$787.6M
Q3 24
$296.5M
$661.5M
Q2 24
$19.5M
$635.9M
Q1 24
$19.8M
$634.9M
Debt / Equity
SBC
SBC
STRW
STRW
Q4 25
0.17×
65.64×
Q3 25
0.09×
54.70×
Q2 25
0.03×
51.26×
Q1 25
0.03×
36.47×
Q4 24
0.03×
37.09×
Q3 24
0.00×
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
SBC
SBC
STRW
STRW
Operating Cash FlowLast quarter
$52.0M
$90.0M
Free Cash FlowOCF − Capex
$51.2M
FCF MarginFCF / Revenue
129.3%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.66×
44.62×
TTM Free Cash FlowTrailing 4 quarters
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBC
SBC
STRW
STRW
Q4 25
$52.0M
$90.0M
Q3 25
$-20.9M
$20.7M
Q2 25
$-8.3M
$29.8M
Q1 25
$1.9M
$19.0M
Q4 24
$-7.3M
$59.3M
Q3 24
$5.0M
$11.8M
Q2 24
$19.2M
$20.6M
Q1 24
$3.7M
$2.1M
Free Cash Flow
SBC
SBC
STRW
STRW
Q4 25
$51.2M
Q3 25
$-20.9M
Q2 25
$-8.6M
Q1 25
$1.7M
Q4 24
$-7.9M
Q3 24
$4.6M
Q2 24
$18.3M
Q1 24
$3.0M
FCF Margin
SBC
SBC
STRW
STRW
Q4 25
129.3%
Q3 25
-48.3%
Q2 25
-19.9%
Q1 25
3.5%
Q4 24
-17.8%
Q3 24
8.7%
Q2 24
34.5%
Q1 24
5.4%
Capex Intensity
SBC
SBC
STRW
STRW
Q4 25
2.0%
Q3 25
0.1%
Q2 25
0.7%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.8%
Q2 24
1.6%
Q1 24
1.3%
Cash Conversion
SBC
SBC
STRW
STRW
Q4 25
3.66×
44.62×
Q3 25
-1.63×
10.26×
Q2 25
-3.39×
15.24×
Q1 25
0.09×
11.97×
Q4 24
-1.12×
40.44×
Q3 24
1.77×
12.53×
Q2 24
1.04×
21.93×
Q1 24
0.20×
2.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SBC
SBC

Franchising$10.3M26%
Medical Corporation Shobikai$8.1M21%
Medical Corporation Nasukai$7.2M18%
Management Services$6.3M16%
Rental Services$4.3M11%
Medical Corporation Association Furinkai$3.0M8%
Japan Medical And Beauty Inc$656.5K2%

STRW
STRW

Segment breakdown not available.

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