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Side-by-side financial comparison of Apple Hospitality REIT, Inc. (APLE) and HEALTHEQUITY, INC. (HQY). Click either name above to swap in a different company.

Apple Hospitality REIT, Inc. is the larger business by last-quarter revenue ($337.7M vs $322.2M, roughly 1.0× HEALTHEQUITY, INC.). HEALTHEQUITY, INC. runs the higher net margin — 16.0% vs 8.2%, a 7.8% gap on every dollar of revenue. On growth, HEALTHEQUITY, INC. posted the faster year-over-year revenue change (7.2% vs 3.1%). Over the past eight quarters, HEALTHEQUITY, INC.'s revenue compounded faster (10.8% CAGR vs -6.9%).

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS. This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.

APLE vs HQY — Head-to-Head

Bigger by revenue
APLE
APLE
1.0× larger
APLE
$337.7M
$322.2M
HQY
Growing faster (revenue YoY)
HQY
HQY
+4.2% gap
HQY
7.2%
3.1%
APLE
Higher net margin
HQY
HQY
7.8% more per $
HQY
16.0%
8.2%
APLE
Faster 2-yr revenue CAGR
HQY
HQY
Annualised
HQY
10.8%
-6.9%
APLE

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
APLE
APLE
HQY
HQY
Revenue
$337.7M
$322.2M
Net Profit
$27.7M
$51.7M
Gross Margin
70.8%
Operating Margin
14.2%
24.4%
Net Margin
8.2%
16.0%
Revenue YoY
3.1%
7.2%
Net Profit YoY
12.7%
806.4%
EPS (diluted)
$0.12
$0.59

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
APLE
APLE
HQY
HQY
Q1 26
$337.7M
Q4 25
$326.4M
$322.2M
Q3 25
$373.9M
$325.8M
Q2 25
$384.4M
$330.8M
Q1 25
$327.7M
$311.8M
Q4 24
$333.0M
$300.4M
Q3 24
$378.8M
$299.9M
Q2 24
$390.1M
$287.6M
Net Profit
APLE
APLE
HQY
HQY
Q1 26
$27.7M
Q4 25
$29.6M
$51.7M
Q3 25
$50.9M
$59.9M
Q2 25
$63.6M
$53.9M
Q1 25
$31.2M
$26.4M
Q4 24
$29.8M
$5.7M
Q3 24
$56.3M
$35.8M
Q2 24
$73.9M
$28.8M
Gross Margin
APLE
APLE
HQY
HQY
Q1 26
Q4 25
37.2%
70.8%
Q3 25
40.6%
71.4%
Q2 25
42.6%
67.8%
Q1 25
39.0%
60.6%
Q4 24
38.6%
65.6%
Q3 24
41.9%
68.0%
Q2 24
44.6%
65.1%
Operating Margin
APLE
APLE
HQY
HQY
Q1 26
14.2%
Q4 25
15.2%
24.4%
Q3 25
19.4%
27.5%
Q2 25
22.1%
25.1%
Q1 25
15.5%
13.5%
Q4 24
15.0%
6.5%
Q3 24
20.5%
19.6%
Q2 24
24.0%
14.5%
Net Margin
APLE
APLE
HQY
HQY
Q1 26
8.2%
Q4 25
9.1%
16.0%
Q3 25
13.6%
18.4%
Q2 25
16.6%
16.3%
Q1 25
9.5%
8.5%
Q4 24
9.0%
1.9%
Q3 24
14.9%
11.9%
Q2 24
19.0%
10.0%
EPS (diluted)
APLE
APLE
HQY
HQY
Q1 26
$0.12
Q4 25
$0.13
$0.59
Q3 25
$0.21
$0.68
Q2 25
$0.27
$0.61
Q1 25
$0.13
$0.30
Q4 24
$0.13
$0.06
Q3 24
$0.23
$0.40
Q2 24
$0.31
$0.33

Balance Sheet & Financial Strength

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

Metric
APLE
APLE
HQY
HQY
Cash + ST InvestmentsLiquidity on hand
$7.8M
$309.3M
Total DebtLower is stronger
$982.1M
Stockholders' EquityBook value
$3.1B
$2.1B
Total Assets
$4.9B
$3.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLE
APLE
HQY
HQY
Q1 26
$7.8M
Q4 25
$8.5M
$309.3M
Q3 25
$50.3M
$304.5M
Q2 25
$7.9M
$287.9M
Q1 25
$14.9M
$295.9M
Q4 24
$10.3M
$322.2M
Q3 24
$6.1M
$326.9M
Q2 24
$7.2M
$251.2M
Total Debt
APLE
APLE
HQY
HQY
Q1 26
Q4 25
$1.5B
$982.1M
Q3 25
$1.5B
$1.0B
Q2 25
$1.5B
$1.1B
Q1 25
$1.5B
$1.1B
Q4 24
$1.5B
$1.1B
Q3 24
$1.5B
$1.1B
Q2 24
$1.5B
$925.7M
Stockholders' Equity
APLE
APLE
HQY
HQY
Q1 26
$3.1B
Q4 25
$3.1B
$2.1B
Q3 25
$3.2B
$2.1B
Q2 25
$3.2B
$2.1B
Q1 25
$3.2B
$2.1B
Q4 24
$3.3B
$2.1B
Q3 24
$3.3B
$2.2B
Q2 24
$3.3B
$2.1B
Total Assets
APLE
APLE
HQY
HQY
Q1 26
$4.9B
Q4 25
$4.9B
$3.4B
Q3 25
$4.9B
$3.4B
Q2 25
$4.9B
$3.4B
Q1 25
$4.9B
$3.4B
Q4 24
$5.0B
$3.5B
Q3 24
$5.0B
$3.5B
Q2 24
$5.1B
$3.2B
Debt / Equity
APLE
APLE
HQY
HQY
Q1 26
Q4 25
0.49×
0.46×
Q3 25
0.47×
0.47×
Q2 25
0.48×
0.50×
Q1 25
0.48×
0.50×
Q4 24
0.45×
0.51×
Q3 24
0.46×
0.51×
Q2 24
0.46×
0.44×

Cash Flow & Capital Efficiency

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

Metric
APLE
APLE
HQY
HQY
Operating Cash FlowLast quarter
$138.6M
Free Cash FlowOCF − Capex
$137.8M
FCF MarginFCF / Revenue
42.8%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
2.68×
TTM Free Cash FlowTrailing 4 quarters
$413.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLE
APLE
HQY
HQY
Q1 26
Q4 25
$370.2M
$138.6M
Q3 25
$126.4M
$135.9M
Q2 25
$108.8M
$64.7M
Q1 25
$49.1M
$75.7M
Q4 24
$405.4M
$90.5M
Q3 24
$128.2M
$108.1M
Q2 24
$127.3M
$65.4M
Free Cash Flow
APLE
APLE
HQY
HQY
Q1 26
Q4 25
$282.0M
$137.8M
Q3 25
$109.0M
$135.1M
Q2 25
$96.2M
$64.7M
Q1 25
$29.5M
$75.4M
Q4 24
$327.1M
$90.3M
Q3 24
$113.1M
$107.4M
Q2 24
$115.0M
$64.7M
FCF Margin
APLE
APLE
HQY
HQY
Q1 26
Q4 25
86.4%
42.8%
Q3 25
29.2%
41.5%
Q2 25
25.0%
19.5%
Q1 25
9.0%
24.2%
Q4 24
98.2%
30.0%
Q3 24
29.9%
35.8%
Q2 24
29.5%
22.5%
Capex Intensity
APLE
APLE
HQY
HQY
Q1 26
Q4 25
27.0%
0.2%
Q3 25
4.7%
0.2%
Q2 25
3.3%
0.0%
Q1 25
6.0%
0.1%
Q4 24
23.5%
0.1%
Q3 24
4.0%
0.2%
Q2 24
3.2%
0.3%
Cash Conversion
APLE
APLE
HQY
HQY
Q1 26
Q4 25
12.50×
2.68×
Q3 25
2.49×
2.27×
Q2 25
1.71×
1.20×
Q1 25
1.57×
2.87×
Q4 24
13.59×
15.88×
Q3 24
2.28×
3.02×
Q2 24
1.72×
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APLE
APLE

Comparable Hotels Total Revenue$336.9M100%
RevPAR (Comparable Hotels)$114.6K0%

HQY
HQY

Financial Service Other$159.1M49%
Services$120.3M37%
Credit And Debit Card$42.8M13%

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