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Side-by-side financial comparison of STARWOOD PROPERTY TRUST, INC. (STWD) and Bristow Group Inc. (VTOL). 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 $377.3M, roughly 1.3× Bristow Group Inc.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs 4.9%, a 14.8% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs 6.7%). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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...

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

STWD vs VTOL — Head-to-Head

Bigger by revenue
STWD
STWD
1.3× larger
STWD
$492.9M
$377.3M
VTOL
Growing faster (revenue YoY)
STWD
STWD
+1.8% gap
STWD
8.5%
6.7%
VTOL
Higher net margin
STWD
STWD
14.8% more per $
STWD
19.7%
4.9%
VTOL
Faster 2-yr revenue CAGR
VTOL
VTOL
Annualised
VTOL
5.8%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
STWD
STWD
VTOL
VTOL
Revenue
$492.9M
$377.3M
Net Profit
$96.9M
$18.4M
Gross Margin
Operating Margin
26.6%
8.5%
Net Margin
19.7%
4.9%
Revenue YoY
8.5%
6.7%
Net Profit YoY
87.7%
-42.1%
EPS (diluted)
$0.25
$0.61

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
VTOL
VTOL
Q4 25
$492.9M
$377.3M
Q3 25
$488.9M
$386.3M
Q2 25
$444.3M
$376.4M
Q1 25
$418.2M
$350.5M
Q4 24
$454.4M
$353.5M
Q3 24
$479.5M
$365.1M
Q2 24
$489.8M
$359.7M
Q1 24
$523.1M
$337.1M
Net Profit
STWD
STWD
VTOL
VTOL
Q4 25
$96.9M
$18.4M
Q3 25
$72.6M
$51.5M
Q2 25
$129.8M
$31.7M
Q1 25
$112.3M
$27.4M
Q4 24
$51.6M
$31.8M
Q3 24
$76.1M
$28.2M
Q2 24
$77.9M
$28.2M
Q1 24
$154.3M
$6.6M
Operating Margin
STWD
STWD
VTOL
VTOL
Q4 25
26.6%
8.5%
Q3 25
19.1%
13.1%
Q2 25
30.5%
11.3%
Q1 25
28.7%
9.6%
Q4 24
15.1%
9.0%
Q3 24
17.2%
9.1%
Q2 24
19.1%
12.4%
Q1 24
30.8%
6.8%
Net Margin
STWD
STWD
VTOL
VTOL
Q4 25
19.7%
4.9%
Q3 25
14.8%
13.3%
Q2 25
29.2%
8.4%
Q1 25
26.8%
7.8%
Q4 24
11.4%
9.0%
Q3 24
15.9%
7.7%
Q2 24
15.9%
7.8%
Q1 24
29.5%
2.0%
EPS (diluted)
STWD
STWD
VTOL
VTOL
Q4 25
$0.25
$0.61
Q3 25
$0.19
$1.72
Q2 25
$0.38
$1.07
Q1 25
$0.33
$0.92
Q4 24
$0.15
$1.07
Q3 24
$0.23
$0.95
Q2 24
$0.24
$0.96
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
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$499.5M
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$6.8B
$1.1B
Total Assets
$63.2B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STWD
STWD
VTOL
VTOL
Q4 25
$499.5M
$286.2M
Q3 25
$301.1M
$245.5M
Q2 25
$259.9M
$251.8M
Q1 25
$440.6M
$191.1M
Q4 24
$377.8M
$247.5M
Q3 24
$357.9M
$200.3M
Q2 24
$259.3M
$178.6M
Q1 24
$327.4M
$140.6M
Total Debt
STWD
STWD
VTOL
VTOL
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$705.2M
Q1 25
$701.9M
Q4 24
$689.8M
Q3 24
$629.1M
Q2 24
$594.2M
Q1 24
$544.1M
Stockholders' Equity
STWD
STWD
VTOL
VTOL
Q4 25
$6.8B
$1.1B
Q3 25
$6.9B
$1.0B
Q2 25
$6.4B
$984.4M
Q1 25
$6.4B
$931.7M
Q4 24
$6.4B
$891.7M
Q3 24
$6.5B
$899.2M
Q2 24
$6.2B
$849.1M
Q1 24
$6.3B
$820.7M
Total Assets
STWD
STWD
VTOL
VTOL
Q4 25
$63.2B
$2.3B
Q3 25
$62.4B
$2.3B
Q2 25
$62.4B
$2.3B
Q1 25
$62.2B
$2.2B
Q4 24
$62.6B
$2.1B
Q3 24
$64.2B
$2.1B
Q2 24
$64.1B
$2.0B
Q1 24
$66.2B
$1.9B
Debt / Equity
STWD
STWD
VTOL
VTOL
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.77×
Q3 24
0.70×
Q2 24
0.70×
Q1 24
0.66×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$488.8M
$76.9M
Free Cash FlowOCF − Capex
$47.8M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
5.04×
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STWD
STWD
VTOL
VTOL
Q4 25
$488.8M
$76.9M
Q3 25
$337.6M
$23.1M
Q2 25
$-87.4M
$99.0M
Q1 25
$238.9M
$-603.0K
Q4 24
$295.6M
$51.1M
Q3 24
$241.8M
$66.0M
Q2 24
$53.3M
$33.7M
Q1 24
$55.9M
$26.7M
Free Cash Flow
STWD
STWD
VTOL
VTOL
Q4 25
$47.8M
Q3 25
$-6.2M
Q2 25
$67.4M
Q1 25
$-52.7M
Q4 24
$-32.4M
Q3 24
$9.0M
Q2 24
$-16.7M
Q1 24
$-37.9M
FCF Margin
STWD
STWD
VTOL
VTOL
Q4 25
12.7%
Q3 25
-1.6%
Q2 25
17.9%
Q1 25
-15.0%
Q4 24
-9.2%
Q3 24
2.5%
Q2 24
-4.6%
Q1 24
-11.2%
Capex Intensity
STWD
STWD
VTOL
VTOL
Q4 25
7.7%
Q3 25
7.6%
Q2 25
8.4%
Q1 25
14.9%
Q4 24
23.6%
Q3 24
15.6%
Q2 24
14.0%
Q1 24
19.2%
Cash Conversion
STWD
STWD
VTOL
VTOL
Q4 25
5.04×
4.17×
Q3 25
4.65×
0.45×
Q2 25
-0.67×
3.12×
Q1 25
2.13×
-0.02×
Q4 24
5.72×
1.61×
Q3 24
3.18×
2.34×
Q2 24
0.68×
1.20×
Q1 24
0.36×
4.04×

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%

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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