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

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $326.4M, roughly 1.4× Apple Hospitality REIT, Inc.). Apple Hospitality REIT, Inc. runs the higher net margin — 9.1% vs -276.6%, a 285.6% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs -2.0%). Apple Hospitality REIT, Inc. produced more free cash flow last quarter ($282.0M vs $180.3M).

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...

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

APLE vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.4× larger
STUB
$468.1M
$326.4M
APLE
Growing faster (revenue YoY)
STUB
STUB
+9.9% gap
STUB
7.9%
-2.0%
APLE
Higher net margin
APLE
APLE
285.6% more per $
APLE
9.1%
-276.6%
STUB
More free cash flow
APLE
APLE
$101.8M more FCF
APLE
$282.0M
$180.3M
STUB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
APLE
APLE
STUB
STUB
Revenue
$326.4M
$468.1M
Net Profit
$29.6M
$-1.3B
Gross Margin
37.2%
Operating Margin
15.2%
-292.3%
Net Margin
9.1%
-276.6%
Revenue YoY
-2.0%
7.9%
Net Profit YoY
-0.7%
-3821.6%
EPS (diluted)
$0.13
$-4.27

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
STUB
STUB
Q4 25
$326.4M
Q3 25
$373.9M
$468.1M
Q2 25
$384.4M
Q1 25
$327.7M
Q4 24
$333.0M
Q3 24
$378.8M
$433.8M
Q2 24
$390.1M
Q1 24
$329.5M
Net Profit
APLE
APLE
STUB
STUB
Q4 25
$29.6M
Q3 25
$50.9M
$-1.3B
Q2 25
$63.6M
Q1 25
$31.2M
Q4 24
$29.8M
Q3 24
$56.3M
$-33.0M
Q2 24
$73.9M
Q1 24
$54.0M
Gross Margin
APLE
APLE
STUB
STUB
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%
Q1 24
40.1%
Operating Margin
APLE
APLE
STUB
STUB
Q4 25
15.2%
Q3 25
19.4%
-292.3%
Q2 25
22.1%
Q1 25
15.5%
Q4 24
15.0%
Q3 24
20.5%
2.8%
Q2 24
24.0%
Q1 24
21.7%
Net Margin
APLE
APLE
STUB
STUB
Q4 25
9.1%
Q3 25
13.6%
-276.6%
Q2 25
16.6%
Q1 25
9.5%
Q4 24
9.0%
Q3 24
14.9%
-7.6%
Q2 24
19.0%
Q1 24
16.4%
EPS (diluted)
APLE
APLE
STUB
STUB
Q4 25
$0.13
Q3 25
$0.21
$-4.27
Q2 25
$0.27
Q1 25
$0.13
Q4 24
$0.13
Q3 24
$0.23
$-0.15
Q2 24
$0.31
Q1 24
$0.22

Balance Sheet & Financial Strength

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

Metric
APLE
APLE
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$8.5M
$1.4B
Total DebtLower is stronger
$1.5B
$1.7B
Stockholders' EquityBook value
$3.1B
$1.7B
Total Assets
$4.9B
$5.6B
Debt / EquityLower = less leverage
0.49×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLE
APLE
STUB
STUB
Q4 25
$8.5M
Q3 25
$50.3M
$1.4B
Q2 25
$7.9M
Q1 25
$14.9M
Q4 24
$10.3M
Q3 24
$6.1M
$1.1B
Q2 24
$7.2M
Q1 24
$4.9M
Total Debt
APLE
APLE
STUB
STUB
Q4 25
$1.5B
Q3 25
$1.5B
$1.7B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
APLE
APLE
STUB
STUB
Q4 25
$3.1B
Q3 25
$3.2B
$1.7B
Q2 25
$3.2B
Q1 25
$3.2B
Q4 24
$3.3B
Q3 24
$3.3B
$815.9M
Q2 24
$3.3B
Q1 24
$3.3B
Total Assets
APLE
APLE
STUB
STUB
Q4 25
$4.9B
Q3 25
$4.9B
$5.6B
Q2 25
$4.9B
Q1 25
$4.9B
Q4 24
$5.0B
Q3 24
$5.0B
Q2 24
$5.1B
Q1 24
$5.0B
Debt / Equity
APLE
APLE
STUB
STUB
Q4 25
0.49×
Q3 25
0.47×
0.98×
Q2 25
0.48×
Q1 25
0.48×
Q4 24
0.45×
Q3 24
0.46×
Q2 24
0.46×
Q1 24
0.45×

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
STUB
STUB
Operating Cash FlowLast quarter
$370.2M
$181.4M
Free Cash FlowOCF − Capex
$282.0M
$180.3M
FCF MarginFCF / Revenue
86.4%
38.5%
Capex IntensityCapex / Revenue
27.0%
0.2%
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
STUB
STUB
Q4 25
$370.2M
Q3 25
$126.4M
$181.4M
Q2 25
$108.8M
Q1 25
$49.1M
Q4 24
$405.4M
Q3 24
$128.2M
Q2 24
$127.3M
Q1 24
$54.7M
Free Cash Flow
APLE
APLE
STUB
STUB
Q4 25
$282.0M
Q3 25
$109.0M
$180.3M
Q2 25
$96.2M
Q1 25
$29.5M
Q4 24
$327.1M
Q3 24
$113.1M
Q2 24
$115.0M
Q1 24
$34.4M
FCF Margin
APLE
APLE
STUB
STUB
Q4 25
86.4%
Q3 25
29.2%
38.5%
Q2 25
25.0%
Q1 25
9.0%
Q4 24
98.2%
Q3 24
29.9%
Q2 24
29.5%
Q1 24
10.4%
Capex Intensity
APLE
APLE
STUB
STUB
Q4 25
27.0%
Q3 25
4.7%
0.2%
Q2 25
3.3%
Q1 25
6.0%
Q4 24
23.5%
Q3 24
4.0%
Q2 24
3.2%
Q1 24
6.2%
Cash Conversion
APLE
APLE
STUB
STUB
Q4 25
12.50×
Q3 25
2.49×
Q2 25
1.71×
Q1 25
1.57×
Q4 24
13.59×
Q3 24
2.28×
Q2 24
1.72×
Q1 24
1.01×

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%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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