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Side-by-side financial comparison of SBC Medical Group Holdings Inc (SBC) and TEJON RANCH CO (TRC). Click either name above to swap in a different company.

SBC Medical Group Holdings Inc is the larger business by last-quarter revenue ($39.6M vs $21.1M, roughly 1.9× TEJON RANCH CO). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs 7.5%, a 28.4% gap on every dollar of revenue. On growth, TEJON RANCH CO posted the faster year-over-year revenue change (17.7% vs -10.9%). Over the past eight quarters, TEJON RANCH CO's revenue compounded faster (68.8% 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.

Tejon Ranch Company, based in Lebec, California, is one of the largest private landowners in California. The company was incorporated in 1936 to organize the ownership of a large tract of land that was consolidated from four Mexican land grants acquired in the 1850s and 1860s by ranch founder Edward Fitzgerald Beale.

SBC vs TRC — Head-to-Head

Bigger by revenue
SBC
SBC
1.9× larger
SBC
$39.6M
$21.1M
TRC
Growing faster (revenue YoY)
TRC
TRC
+28.6% gap
TRC
17.7%
-10.9%
SBC
Higher net margin
SBC
SBC
28.4% more per $
SBC
35.9%
7.5%
TRC
Faster 2-yr revenue CAGR
TRC
TRC
Annualised
TRC
68.8%
-15.0%
SBC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SBC
SBC
TRC
TRC
Revenue
$39.6M
$21.1M
Net Profit
$14.2M
$1.6M
Gross Margin
73.1%
30.6%
Operating Margin
32.5%
10.9%
Net Margin
35.9%
7.5%
Revenue YoY
-10.9%
17.7%
Net Profit YoY
117.2%
-64.7%
EPS (diluted)
$0.15
$0.05

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
TRC
TRC
Q4 25
$39.6M
$21.1M
Q3 25
$43.4M
$12.0M
Q2 25
$43.4M
$8.3M
Q1 25
$47.3M
$8.2M
Q4 24
$44.4M
$17.9M
Q3 24
$53.1M
$10.9M
Q2 24
$53.1M
$5.7M
Q1 24
$54.8M
$7.4M
Net Profit
SBC
SBC
TRC
TRC
Q4 25
$14.2M
$1.6M
Q3 25
$12.8M
$1.7M
Q2 25
$2.5M
$-1.7M
Q1 25
$21.5M
$-1.5M
Q4 24
$6.5M
$4.5M
Q3 24
$2.8M
$-1.8M
Q2 24
$18.5M
$957.0K
Q1 24
$18.8M
$-914.0K
Gross Margin
SBC
SBC
TRC
TRC
Q4 25
73.1%
30.6%
Q3 25
70.6%
28.4%
Q2 25
69.2%
40.9%
Q1 25
79.7%
15.0%
Q4 24
76.3%
42.9%
Q3 24
81.5%
22.9%
Q2 24
74.2%
45.3%
Q1 24
72.1%
0.3%
Operating Margin
SBC
SBC
TRC
TRC
Q4 25
32.5%
10.9%
Q3 25
36.6%
-16.9%
Q2 25
33.6%
-48.8%
Q1 25
51.1%
-50.7%
Q4 24
10.6%
11.9%
Q3 24
26.1%
-34.9%
Q2 24
51.4%
-62.4%
Q1 24
44.6%
-53.8%
Net Margin
SBC
SBC
TRC
TRC
Q4 25
35.9%
7.5%
Q3 25
29.6%
14.0%
Q2 25
5.7%
-20.6%
Q1 25
45.4%
-17.8%
Q4 24
14.7%
25.0%
Q3 24
5.3%
-16.9%
Q2 24
34.8%
16.8%
Q1 24
34.2%
-12.3%
EPS (diluted)
SBC
SBC
TRC
TRC
Q4 25
$0.15
$0.05
Q3 25
$0.12
$0.06
Q2 25
$0.02
$-0.06
Q1 25
$0.21
$-0.05
Q4 24
$0.05
$0.16
Q3 24
$0.03
$-0.07
Q2 24
$0.20
$0.04
Q1 24
$0.20
$-0.03

Balance Sheet & Financial Strength

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

Metric
SBC
SBC
TRC
TRC
Cash + ST InvestmentsLiquidity on hand
$164.1M
$9.5M
Total DebtLower is stronger
$42.8M
Stockholders' EquityBook value
$248.3M
$475.2M
Total Assets
$380.4M
$630.5M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBC
SBC
TRC
TRC
Q4 25
$164.1M
$9.5M
Q3 25
$127.4M
$3.6M
Q2 25
$152.7M
$2.5M
Q1 25
$132.1M
$12.3M
Q4 24
$125.0M
$39.3M
Q3 24
$137.4M
$27.4M
Q2 24
$33.0M
Q1 24
$35.6M
Total Debt
SBC
SBC
TRC
TRC
Q4 25
$42.8M
Q3 25
$21.1M
Q2 25
$7.1M
Q1 25
$6.9M
Q4 24
$6.6M
Q3 24
$823.2K
Q2 24
Q1 24
Stockholders' Equity
SBC
SBC
TRC
TRC
Q4 25
$248.3M
$475.2M
Q3 25
$248.0M
$473.2M
Q2 25
$244.6M
$471.5M
Q1 25
$226.4M
$472.5M
Q4 24
$195.1M
$473.6M
Q3 24
$205.0M
$468.3M
Q2 24
$8.8M
$469.2M
Q1 24
$9.0M
$467.4M
Total Assets
SBC
SBC
TRC
TRC
Q4 25
$380.4M
$630.5M
Q3 25
$321.4M
$629.6M
Q2 25
$315.3M
$618.5M
Q1 25
$284.6M
$614.6M
Q4 24
$266.1M
$608.0M
Q3 24
$296.5M
$598.0M
Q2 24
$19.5M
$590.8M
Q1 24
$19.8M
$581.6M
Debt / Equity
SBC
SBC
TRC
TRC
Q4 25
0.17×
Q3 25
0.09×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.00×
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
SBC
SBC
TRC
TRC
Operating Cash FlowLast quarter
$52.0M
$6.1M
Free Cash FlowOCF − Capex
$51.2M
FCF MarginFCF / Revenue
129.3%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.66×
3.88×
TTM Free Cash FlowTrailing 4 quarters
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBC
SBC
TRC
TRC
Q4 25
$52.0M
$6.1M
Q3 25
$-20.9M
$-2.4M
Q2 25
$-8.3M
$-381.0K
Q1 25
$1.9M
$-1.3M
Q4 24
$-7.3M
$14.3M
Q3 24
$5.0M
$2.1M
Q2 24
$19.2M
$-1.8M
Q1 24
$3.7M
$777.0K
Free Cash Flow
SBC
SBC
TRC
TRC
Q4 25
$51.2M
Q3 25
$-20.9M
$-14.6M
Q2 25
$-8.6M
$-20.0M
Q1 25
$1.7M
$-18.9M
Q4 24
$-7.9M
$-42.9M
Q3 24
$4.6M
$-16.8M
Q2 24
$18.3M
$-15.8M
Q1 24
$3.0M
$-7.3M
FCF Margin
SBC
SBC
TRC
TRC
Q4 25
129.3%
Q3 25
-48.3%
-122.2%
Q2 25
-19.9%
-240.6%
Q1 25
3.5%
-230.1%
Q4 24
-17.8%
-239.3%
Q3 24
8.7%
-155.2%
Q2 24
34.5%
-277.2%
Q1 24
5.4%
-99.0%
Capex Intensity
SBC
SBC
TRC
TRC
Q4 25
2.0%
Q3 25
0.1%
102.3%
Q2 25
0.7%
236.0%
Q1 25
0.5%
213.7%
Q4 24
1.3%
319.1%
Q3 24
0.8%
174.3%
Q2 24
1.6%
245.5%
Q1 24
1.3%
109.5%
Cash Conversion
SBC
SBC
TRC
TRC
Q4 25
3.66×
3.88×
Q3 25
-1.63×
-1.43×
Q2 25
-3.39×
Q1 25
0.09×
Q4 24
-1.12×
3.19×
Q3 24
1.77×
Q2 24
1.04×
-1.88×
Q1 24
0.20×

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%

TRC
TRC

Segment breakdown not available.

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