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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and Red Rock Resorts, Inc. (RRR). Click either name above to swap in a different company.
Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $511.8M, roughly 1.5× Red Rock Resorts, Inc.). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 8.7%, a 8.9% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 3.2%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $77.7M).
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.
Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. As of 2020, the company has developed six properties.
ATAT vs RRR — Head-to-Head
Income Statement — Q3 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $789.6M | $511.8M |
| Net Profit | $139.1M | $44.7M |
| Gross Margin | — | — |
| Operating Margin | 22.5% | 28.1% |
| Net Margin | 17.6% | 8.7% |
| Revenue YoY | 252.5% | 3.2% |
| Net Profit YoY | 322.2% | -4.1% |
| EPS (diluted) | $0.33 | $0.74 |
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.
| Q4 25 | — | $511.8M | ||
| Q3 25 | $789.6M | $475.6M | ||
| Q2 25 | — | $526.3M | ||
| Q1 25 | — | $497.9M | ||
| Q4 24 | — | $495.7M | ||
| Q3 24 | $224.0M | $468.0M | ||
| Q2 24 | — | $486.4M | ||
| Q1 24 | $203.4M | $488.9M |
| Q4 25 | — | $44.7M | ||
| Q3 25 | $139.1M | $42.3M | ||
| Q2 25 | — | $56.4M | ||
| Q1 25 | — | $44.7M | ||
| Q4 24 | — | $46.6M | ||
| Q3 24 | $33.0M | $29.0M | ||
| Q2 24 | — | $35.7M | ||
| Q1 24 | $35.6M | $42.8M |
| Q4 25 | — | 28.1% | ||
| Q3 25 | 22.5% | 27.6% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | 31.0% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | 14.7% | 27.9% | ||
| Q2 24 | — | 28.8% | ||
| Q1 24 | 22.1% | 31.8% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | 17.6% | 8.9% | ||
| Q2 25 | — | 10.7% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 14.7% | 6.2% | ||
| Q2 24 | — | 7.3% | ||
| Q1 24 | 17.5% | 8.8% |
| Q4 25 | — | $0.74 | ||
| Q3 25 | $0.33 | $0.68 | ||
| Q2 25 | — | $0.95 | ||
| Q1 25 | — | $0.75 | ||
| Q4 24 | — | $0.78 | ||
| Q3 24 | $0.08 | $0.48 | ||
| Q2 24 | — | $0.59 | ||
| Q1 24 | $0.09 | $0.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.2M | $142.5M |
| Total DebtLower is stronger | — | $3.4B |
| Stockholders' EquityBook value | $405.0M | $208.3M |
| Total Assets | $1.1B | $4.2B |
| Debt / EquityLower = less leverage | — | 16.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $142.5M | ||
| Q3 25 | $669.2M | $129.8M | ||
| Q2 25 | — | $145.2M | ||
| Q1 25 | — | $150.6M | ||
| Q4 24 | — | $164.4M | ||
| Q3 24 | $506.0M | $117.5M | ||
| Q2 24 | — | $136.4M | ||
| Q1 24 | $520.7M | $129.7M |
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $277.0K | — |
| Q4 25 | — | $208.3M | ||
| Q3 25 | $405.0M | $219.6M | ||
| Q2 25 | — | $203.4M | ||
| Q1 25 | — | $247.1M | ||
| Q4 24 | — | $215.1M | ||
| Q3 24 | $291.3M | $175.5M | ||
| Q2 24 | — | $159.0M | ||
| Q1 24 | $323.5M | $135.2M |
| Q4 25 | — | $4.2B | ||
| Q3 25 | $1.1B | $4.1B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $927.8M | $4.0B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | $936.3M | $4.0B |
| Q4 25 | — | 16.30× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 15.84× | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $216.6M | $156.6M |
| Free Cash FlowOCF − Capex | $210.7M | $77.7M |
| FCF MarginFCF / Revenue | 26.7% | 15.2% |
| Capex IntensityCapex / Revenue | 0.8% | 15.4% |
| Cash ConversionOCF / Net Profit | 1.56× | 3.51× |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $290.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $156.6M | ||
| Q3 25 | $216.6M | $168.3M | ||
| Q2 25 | — | $158.4M | ||
| Q1 25 | — | $126.2M | ||
| Q4 24 | — | $148.2M | ||
| Q3 24 | $84.8M | $131.0M | ||
| Q2 24 | — | $142.5M | ||
| Q1 24 | $19.8M | $126.5M |
| Q4 25 | — | $77.7M | ||
| Q3 25 | $210.7M | $74.6M | ||
| Q2 25 | — | $80.3M | ||
| Q1 25 | — | $58.0M | ||
| Q4 24 | — | $121.4M | ||
| Q3 24 | $83.3M | $50.7M | ||
| Q2 24 | — | $64.0M | ||
| Q1 24 | $18.1M | $28.4M |
| Q4 25 | — | 15.2% | ||
| Q3 25 | 26.7% | 15.7% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | 37.2% | 10.8% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | 8.9% | 5.8% |
| Q4 25 | — | 15.4% | ||
| Q3 25 | 0.8% | 19.7% | ||
| Q2 25 | — | 14.9% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | 0.7% | 17.2% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | 0.9% | 20.1% |
| Q4 25 | — | 3.51× | ||
| Q3 25 | 1.56× | 3.98× | ||
| Q2 25 | — | 2.81× | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | 2.57× | 4.53× | ||
| Q2 24 | — | 4.00× | ||
| Q1 24 | 0.56× | 2.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
RRR
| Casino | $343.0M | 67% |
| Food And Beverage | $93.3M | 18% |
| Occupancy | $47.2M | 9% |
| Hotel Other | $24.6M | 5% |