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Side-by-side financial comparison of STARWOOD PROPERTY TRUST, INC. (STWD) and Trimble Inc. (TRMB). Click either name above to swap in a different company.

Trimble Inc. is the larger business by last-quarter revenue ($969.8M vs $492.9M, roughly 2.0× STARWOOD PROPERTY TRUST, INC.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 16.1%, a 3.5% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -73.7%). Over the past eight quarters, Trimble Inc.'s revenue compounded faster (0.9% CAGR vs -2.9%).

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...

Trimble Inc. is an American software, hardware, and services technology company that was founded in 1978. Its headquarters is in Westminster, Colorado. It is publicly traded on the Nasdaq and listed on the S&P 500. Trimble develops hardware and software for a variety of business sectors including architecture, engineering, and construction (AEC); surveying, mapping, and geomatics (geospatial); and transportation and logistics (T&L).

STWD vs TRMB — Head-to-Head

Bigger by revenue
TRMB
TRMB
2.0× larger
TRMB
$969.8M
$492.9M
STWD
Growing faster (revenue YoY)
STWD
STWD
+82.2% gap
STWD
8.5%
-73.7%
TRMB
Higher net margin
STWD
STWD
3.5% more per $
STWD
19.7%
16.1%
TRMB
Faster 2-yr revenue CAGR
TRMB
TRMB
Annualised
TRMB
0.9%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
STWD
STWD
TRMB
TRMB
Revenue
$492.9M
$969.8M
Net Profit
$96.9M
$156.6M
Gross Margin
72.0%
Operating Margin
26.6%
22.3%
Net Margin
19.7%
16.1%
Revenue YoY
8.5%
-73.7%
Net Profit YoY
87.7%
73.6%
EPS (diluted)
$0.25
$0.65

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
STWD
STWD
TRMB
TRMB
Q4 25
$492.9M
$901.2M
Q3 25
$488.9M
$875.7M
Q2 25
$444.3M
$840.6M
Q1 25
$418.2M
$983.4M
Q4 24
$454.4M
Q3 24
$479.5M
$875.8M
Q2 24
$489.8M
$870.8M
Q1 24
$523.1M
$953.3M
Net Profit
STWD
STWD
TRMB
TRMB
Q4 25
$96.9M
$111.5M
Q3 25
$72.6M
$89.2M
Q2 25
$129.8M
$66.7M
Q1 25
$112.3M
$90.2M
Q4 24
$51.6M
Q3 24
$76.1M
$40.6M
Q2 24
$77.9M
$1.3B
Q1 24
$154.3M
$57.2M
Gross Margin
STWD
STWD
TRMB
TRMB
Q4 25
68.9%
Q3 25
68.3%
Q2 25
66.7%
Q1 25
69.3%
Q4 24
Q3 24
65.7%
Q2 24
62.7%
Q1 24
62.3%
Operating Margin
STWD
STWD
TRMB
TRMB
Q4 25
26.6%
16.7%
Q3 25
19.1%
14.6%
Q2 25
30.5%
11.6%
Q1 25
28.7%
17.6%
Q4 24
15.1%
Q3 24
17.2%
13.3%
Q2 24
19.1%
7.1%
Q1 24
30.8%
11.5%
Net Margin
STWD
STWD
TRMB
TRMB
Q4 25
19.7%
12.4%
Q3 25
14.8%
10.2%
Q2 25
29.2%
7.9%
Q1 25
26.8%
9.2%
Q4 24
11.4%
Q3 24
15.9%
4.6%
Q2 24
15.9%
151.2%
Q1 24
29.5%
6.0%
EPS (diluted)
STWD
STWD
TRMB
TRMB
Q4 25
$0.25
$0.46
Q3 25
$0.19
$0.37
Q2 25
$0.38
$0.27
Q1 25
$0.33
$0.36
Q4 24
$0.15
Q3 24
$0.23
$0.16
Q2 24
$0.24
$5.34
Q1 24
$0.48
$0.23

Balance Sheet & Financial Strength

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

Metric
STWD
STWD
TRMB
TRMB
Cash + ST InvestmentsLiquidity on hand
$499.5M
$253.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$6.8B
$5.8B
Total Assets
$63.2B
$9.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STWD
STWD
TRMB
TRMB
Q4 25
$499.5M
$232.7M
Q3 25
$301.1M
$265.9M
Q2 25
$259.9M
$290.0M
Q1 25
$440.6M
$738.8M
Q4 24
$377.8M
Q3 24
$357.9M
$1.0B
Q2 24
$259.3M
$944.1M
Q1 24
$327.4M
$255.1M
Total Debt
STWD
STWD
TRMB
TRMB
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
$1.4B
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
STWD
STWD
TRMB
TRMB
Q4 25
$6.8B
$5.8B
Q3 25
$6.9B
$5.7B
Q2 25
$6.4B
$5.4B
Q1 25
$6.4B
$5.7B
Q4 24
$6.4B
Q3 24
$6.5B
$5.9B
Q2 24
$6.2B
$5.6B
Q1 24
$6.3B
$4.3B
Total Assets
STWD
STWD
TRMB
TRMB
Q4 25
$63.2B
$9.0B
Q3 25
$62.4B
$9.1B
Q2 25
$62.4B
$8.9B
Q1 25
$62.2B
$9.5B
Q4 24
$62.6B
Q3 24
$64.2B
$9.9B
Q2 24
$64.1B
$9.6B
Q1 24
$66.2B
$9.3B
Debt / Equity
STWD
STWD
TRMB
TRMB
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
0.24×
Q4 24
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
STWD
STWD
TRMB
TRMB
Operating Cash FlowLast quarter
$488.8M
$386.2M
Free Cash FlowOCF − Capex
$360.9M
FCF MarginFCF / Revenue
37.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
5.04×
2.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STWD
STWD
TRMB
TRMB
Q4 25
$488.8M
Q3 25
$337.6M
$123.8M
Q2 25
$-87.4M
$155.6M
Q1 25
$238.9M
$115.1M
Q4 24
$295.6M
Q3 24
$241.8M
$94.9M
Q2 24
$53.3M
$87.6M
Q1 24
$55.9M
$233.8M
Free Cash Flow
STWD
STWD
TRMB
TRMB
Q4 25
Q3 25
$116.6M
Q2 25
$149.0M
Q1 25
$109.0M
Q4 24
Q3 24
$88.5M
Q2 24
$73.3M
Q1 24
$227.0M
FCF Margin
STWD
STWD
TRMB
TRMB
Q4 25
Q3 25
13.3%
Q2 25
17.7%
Q1 25
11.1%
Q4 24
Q3 24
10.1%
Q2 24
8.4%
Q1 24
23.8%
Capex Intensity
STWD
STWD
TRMB
TRMB
Q4 25
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.6%
Q4 24
Q3 24
0.7%
Q2 24
1.6%
Q1 24
0.7%
Cash Conversion
STWD
STWD
TRMB
TRMB
Q4 25
5.04×
Q3 25
4.65×
1.39×
Q2 25
-0.67×
2.33×
Q1 25
2.13×
1.28×
Q4 24
5.72×
Q3 24
3.18×
2.34×
Q2 24
0.68×
0.07×
Q1 24
0.36×
4.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

STWD
STWD

Commercial And Residential Lending Segment$335.2M68%
Infrastructure Lending Segment$70.3M14%
Property Segment$57.8M12%
Other$29.7M6%

TRMB
TRMB

Subscription and services$701.5M72%
Product$268.3M28%

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