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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.

NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $789.6M, roughly 1.5× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 7.2%, a 10.4% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 4.0%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $194.0M).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

ATAT vs NATL — Head-to-Head

Bigger by revenue
NATL
NATL
1.5× larger
NATL
$1.2B
$789.6M
ATAT
Growing faster (revenue YoY)
ATAT
ATAT
+248.6% gap
ATAT
252.5%
4.0%
NATL
Higher net margin
ATAT
ATAT
10.4% more per $
ATAT
17.6%
7.2%
NATL
More free cash flow
ATAT
ATAT
$16.7M more FCF
ATAT
$210.7M
$194.0M
NATL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAT
ATAT
NATL
NATL
Revenue
$789.6M
$1.2B
Net Profit
$139.1M
$83.0M
Gross Margin
Operating Margin
22.5%
13.5%
Net Margin
17.6%
7.2%
Revenue YoY
252.5%
4.0%
Net Profit YoY
322.2%
102.4%
EPS (diluted)
$0.33
$1.09

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
ATAT
ATAT
NATL
NATL
Q4 25
$1.2B
Q3 25
$789.6M
$1.1B
Q2 25
$1.1B
Q1 25
$979.0M
Q4 24
$1.1B
Q3 24
$224.0M
$1.1B
Q2 24
$1.1B
Q1 24
$203.4M
$1.0B
Net Profit
ATAT
ATAT
NATL
NATL
Q4 25
$83.0M
Q3 25
$139.1M
$26.0M
Q2 25
$39.0M
Q1 25
$14.0M
Q4 24
$41.0M
Q3 24
$33.0M
$21.0M
Q2 24
$27.0M
Q1 24
$35.6M
$-9.0M
Operating Margin
ATAT
ATAT
NATL
NATL
Q4 25
13.5%
Q3 25
22.5%
9.8%
Q2 25
10.8%
Q1 25
9.5%
Q4 24
13.4%
Q3 24
14.7%
10.6%
Q2 24
9.8%
Q1 24
22.1%
6.5%
Net Margin
ATAT
ATAT
NATL
NATL
Q4 25
7.2%
Q3 25
17.6%
2.3%
Q2 25
3.5%
Q1 25
1.4%
Q4 24
3.7%
Q3 24
14.7%
2.0%
Q2 24
2.5%
Q1 24
17.5%
-0.9%
EPS (diluted)
ATAT
ATAT
NATL
NATL
Q4 25
$1.09
Q3 25
$0.33
$0.34
Q2 25
$0.52
Q1 25
$0.19
Q4 24
$0.56
Q3 24
$0.08
$0.28
Q2 24
$0.37
Q1 24
$0.09
$-0.13

Balance Sheet & Financial Strength

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

Metric
ATAT
ATAT
NATL
NATL
Cash + ST InvestmentsLiquidity on hand
$669.2M
$456.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$405.0M
$403.0M
Total Assets
$1.1B
$5.7B
Debt / EquityLower = less leverage
6.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
NATL
NATL
Q4 25
$456.0M
Q3 25
$669.2M
$412.0M
Q2 25
$357.0M
Q1 25
$352.0M
Q4 24
$419.0M
Q3 24
$506.0M
$395.0M
Q2 24
$374.0M
Q1 24
$520.7M
$343.0M
Total Debt
ATAT
ATAT
NATL
NATL
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
Q4 24
$2.9B
Q3 24
Q2 24
Q1 24
$277.0K
Stockholders' Equity
ATAT
ATAT
NATL
NATL
Q4 25
$403.0M
Q3 25
$405.0M
$330.0M
Q2 25
$350.0M
Q1 25
$275.0M
Q4 24
$219.0M
Q3 24
$291.3M
$264.0M
Q2 24
$250.0M
Q1 24
$323.5M
$283.0M
Total Assets
ATAT
ATAT
NATL
NATL
Q4 25
$5.7B
Q3 25
$1.1B
$5.7B
Q2 25
$5.8B
Q1 25
$5.7B
Q4 24
$5.5B
Q3 24
$927.8M
$5.7B
Q2 24
$5.8B
Q1 24
$936.3M
$5.8B
Debt / Equity
ATAT
ATAT
NATL
NATL
Q4 25
6.63×
Q3 25
8.45×
Q2 25
8.05×
Q1 25
Q4 24
13.05×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
ATAT
ATAT
NATL
NATL
Operating Cash FlowLast quarter
$216.6M
$231.0M
Free Cash FlowOCF − Capex
$210.7M
$194.0M
FCF MarginFCF / Revenue
26.7%
16.8%
Capex IntensityCapex / Revenue
0.8%
3.2%
Cash ConversionOCF / Net Profit
1.56×
2.78×
TTM Free Cash FlowTrailing 4 quarters
$359.6M
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
NATL
NATL
Q4 25
$231.0M
Q3 25
$216.6M
$25.0M
Q2 25
$-23.0M
Q1 25
$123.0M
Q4 24
$80.0M
Q3 24
$84.8M
$107.0M
Q2 24
$9.0M
Q1 24
$19.8M
$148.0M
Free Cash Flow
ATAT
ATAT
NATL
NATL
Q4 25
$194.0M
Q3 25
$210.7M
$-5.0M
Q2 25
$-44.0M
Q1 25
$94.0M
Q4 24
$62.0M
Q3 24
$83.3M
$85.0M
Q2 24
$-14.0M
Q1 24
$18.1M
$124.0M
FCF Margin
ATAT
ATAT
NATL
NATL
Q4 25
16.8%
Q3 25
26.7%
-0.4%
Q2 25
-4.0%
Q1 25
9.6%
Q4 24
5.6%
Q3 24
37.2%
7.9%
Q2 24
-1.3%
Q1 24
8.9%
11.9%
Capex Intensity
ATAT
ATAT
NATL
NATL
Q4 25
3.2%
Q3 25
0.8%
2.7%
Q2 25
1.9%
Q1 25
3.0%
Q4 24
1.6%
Q3 24
0.7%
2.1%
Q2 24
2.1%
Q1 24
0.9%
2.3%
Cash Conversion
ATAT
ATAT
NATL
NATL
Q4 25
2.78×
Q3 25
1.56×
0.96×
Q2 25
-0.59×
Q1 25
8.79×
Q4 24
1.95×
Q3 24
2.57×
5.10×
Q2 24
0.33×
Q1 24
0.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATAT
ATAT

Segment breakdown not available.

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

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