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

PROG Holdings, Inc. is the larger business by last-quarter revenue ($651.6M vs $326.4M, roughly 2.0× Apple Hospitality REIT, Inc.). Apple Hospitality REIT, Inc. runs the higher net margin — 9.1% vs 5.5%, a 3.5% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs -2.0%). Over the past eight quarters, PROG Holdings, Inc.'s revenue compounded faster (4.9% CAGR vs -0.5%).

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...

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

APLE vs PRG — Head-to-Head

Bigger by revenue
PRG
PRG
2.0× larger
PRG
$651.6M
$326.4M
APLE
Growing faster (revenue YoY)
PRG
PRG
+459.1% gap
PRG
457.1%
-2.0%
APLE
Higher net margin
APLE
APLE
3.5% more per $
APLE
9.1%
5.5%
PRG
Faster 2-yr revenue CAGR
PRG
PRG
Annualised
PRG
4.9%
-0.5%
APLE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APLE
APLE
PRG
PRG
Revenue
$326.4M
$651.6M
Net Profit
$29.6M
$36.1M
Gross Margin
37.2%
Operating Margin
15.2%
10.0%
Net Margin
9.1%
5.5%
Revenue YoY
-2.0%
457.1%
Net Profit YoY
-0.7%
3.8%
EPS (diluted)
$0.13
$3.68

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
PRG
PRG
Q1 26
$651.6M
Q4 25
$326.4M
$525.4M
Q3 25
$373.9M
$595.1M
Q2 25
$384.4M
$604.7M
Q1 25
$327.7M
$684.1M
Q4 24
$333.0M
$558.9M
Q3 24
$378.8M
$606.1M
Q2 24
$390.1M
$592.2M
Net Profit
APLE
APLE
PRG
PRG
Q1 26
$36.1M
Q4 25
$29.6M
$40.5M
Q3 25
$50.9M
$33.1M
Q2 25
$63.6M
$38.5M
Q1 25
$31.2M
$34.7M
Q4 24
$29.8M
$57.5M
Q3 24
$56.3M
$84.0M
Q2 24
$73.9M
$33.8M
Gross Margin
APLE
APLE
PRG
PRG
Q1 26
Q4 25
37.2%
Q3 25
40.6%
Q2 25
42.6%
Q1 25
39.0%
Q4 24
38.6%
Q3 24
41.9%
Q2 24
44.6%
Operating Margin
APLE
APLE
PRG
PRG
Q1 26
10.0%
Q4 25
15.2%
6.9%
Q3 25
19.4%
9.0%
Q2 25
22.1%
10.0%
Q1 25
15.5%
8.2%
Q4 24
15.0%
8.9%
Q3 24
20.5%
8.1%
Q2 24
24.0%
9.4%
Net Margin
APLE
APLE
PRG
PRG
Q1 26
5.5%
Q4 25
9.1%
7.7%
Q3 25
13.6%
5.6%
Q2 25
16.6%
6.4%
Q1 25
9.5%
5.1%
Q4 24
9.0%
10.3%
Q3 24
14.9%
13.9%
Q2 24
19.0%
5.7%
EPS (diluted)
APLE
APLE
PRG
PRG
Q1 26
$3.68
Q4 25
$0.13
$0.99
Q3 25
$0.21
$0.82
Q2 25
$0.27
$0.95
Q1 25
$0.13
$0.83
Q4 24
$0.13
$1.33
Q3 24
$0.23
$1.94
Q2 24
$0.31
$0.77

Balance Sheet & Financial Strength

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

Metric
APLE
APLE
PRG
PRG
Cash + ST InvestmentsLiquidity on hand
$8.5M
$69.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$3.1B
$774.4M
Total Assets
$4.9B
$2.0B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLE
APLE
PRG
PRG
Q1 26
$69.4M
Q4 25
$8.5M
$308.8M
Q3 25
$50.3M
$292.6M
Q2 25
$7.9M
$222.0M
Q1 25
$14.9M
$213.3M
Q4 24
$10.3M
$90.9M
Q3 24
$6.1M
$221.7M
Q2 24
$7.2M
$250.1M
Total Debt
APLE
APLE
PRG
PRG
Q1 26
Q4 25
$1.5B
$594.9M
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
$643.6M
Q3 24
$1.5B
Q2 24
$1.5B
Stockholders' Equity
APLE
APLE
PRG
PRG
Q1 26
$774.4M
Q4 25
$3.1B
$746.4M
Q3 25
$3.2B
$703.6M
Q2 25
$3.2B
$668.7M
Q1 25
$3.2B
$654.4M
Q4 24
$3.3B
$650.3M
Q3 24
$3.3B
$630.8M
Q2 24
$3.3B
$581.9M
Total Assets
APLE
APLE
PRG
PRG
Q1 26
$2.0B
Q4 25
$4.9B
$1.6B
Q3 25
$4.9B
$1.5B
Q2 25
$4.9B
$1.5B
Q1 25
$4.9B
$1.5B
Q4 24
$5.0B
$1.5B
Q3 24
$5.0B
$1.4B
Q2 24
$5.1B
$1.5B
Debt / Equity
APLE
APLE
PRG
PRG
Q1 26
Q4 25
0.49×
0.80×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.48×
Q4 24
0.45×
0.99×
Q3 24
0.46×
Q2 24
0.46×

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
PRG
PRG
Operating Cash FlowLast quarter
$370.2M
Free Cash FlowOCF − Capex
$282.0M
FCF MarginFCF / Revenue
86.4%
Capex IntensityCapex / Revenue
27.0%
Cash ConversionOCF / Net Profit
12.50×
TTM Free Cash FlowTrailing 4 quarters
$516.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLE
APLE
PRG
PRG
Q1 26
Q4 25
$370.2M
$-54.9M
Q3 25
$126.4M
$110.0M
Q2 25
$108.8M
$69.9M
Q1 25
$49.1M
$209.9M
Q4 24
$405.4M
$-84.5M
Q3 24
$128.2M
$31.9M
Q2 24
$127.3M
$55.4M
Free Cash Flow
APLE
APLE
PRG
PRG
Q1 26
Q4 25
$282.0M
$-57.5M
Q3 25
$109.0M
$106.5M
Q2 25
$96.2M
$68.0M
Q1 25
$29.5M
$208.0M
Q4 24
$327.1M
$-86.8M
Q3 24
$113.1M
$29.8M
Q2 24
$115.0M
$53.5M
FCF Margin
APLE
APLE
PRG
PRG
Q1 26
Q4 25
86.4%
-10.9%
Q3 25
29.2%
17.9%
Q2 25
25.0%
11.2%
Q1 25
9.0%
30.4%
Q4 24
98.2%
-15.5%
Q3 24
29.9%
4.9%
Q2 24
29.5%
9.0%
Capex Intensity
APLE
APLE
PRG
PRG
Q1 26
Q4 25
27.0%
0.5%
Q3 25
4.7%
0.6%
Q2 25
3.3%
0.3%
Q1 25
6.0%
0.3%
Q4 24
23.5%
0.4%
Q3 24
4.0%
0.3%
Q2 24
3.2%
0.3%
Cash Conversion
APLE
APLE
PRG
PRG
Q1 26
Q4 25
12.50×
-1.36×
Q3 25
2.49×
3.32×
Q2 25
1.71×
1.82×
Q1 25
1.57×
6.05×
Q4 24
13.59×
-1.47×
Q3 24
2.28×
0.38×
Q2 24
1.72×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APLE
APLE

Occupancy$293.0M90%
Hotel Other$17.2M5%
Food And Beverage$16.3M5%

PRG
PRG

Segment breakdown not available.

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