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Side-by-side financial comparison of Braemar Hotels & Resorts Inc. (BHR) and CATALYST PHARMACEUTICALS, INC. (CPRX). Click either name above to swap in a different company.

Braemar Hotels & Resorts Inc. is the larger business by last-quarter revenue ($165.6M vs $152.6M, roughly 1.1× CATALYST PHARMACEUTICALS, INC.). CATALYST PHARMACEUTICALS, INC. runs the higher net margin — 34.5% vs -20.3%, a 54.8% gap on every dollar of revenue. On growth, CATALYST PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (7.6% vs -4.5%). CATALYST PHARMACEUTICALS, INC. produced more free cash flow last quarter ($44.9M vs $-37.1M). Over the past eight quarters, CATALYST PHARMACEUTICALS, INC.'s revenue compounded faster (24.5% CAGR vs -13.1%).

Braemar Hotels & Resorts Inc. is a publicly traded real estate investment trust focused on owning and operating premium luxury hotel and resort properties primarily across the United States. It caters to upscale leisure travelers, corporate event planners, and premium business guests, generating revenue via accommodation bookings, on-site amenities, and event hosting.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

BHR vs CPRX — Head-to-Head

Bigger by revenue
BHR
BHR
1.1× larger
BHR
$165.6M
$152.6M
CPRX
Growing faster (revenue YoY)
CPRX
CPRX
+12.1% gap
CPRX
7.6%
-4.5%
BHR
Higher net margin
CPRX
CPRX
54.8% more per $
CPRX
34.5%
-20.3%
BHR
More free cash flow
CPRX
CPRX
$82.0M more FCF
CPRX
$44.9M
$-37.1M
BHR
Faster 2-yr revenue CAGR
CPRX
CPRX
Annualised
CPRX
24.5%
-13.1%
BHR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHR
BHR
CPRX
CPRX
Revenue
$165.6M
$152.6M
Net Profit
$-33.6M
$52.7M
Gross Margin
82.9%
Operating Margin
-7.3%
40.5%
Net Margin
-20.3%
34.5%
Revenue YoY
-4.5%
7.6%
Net Profit YoY
-80.1%
-5.8%
EPS (diluted)
$-0.67
$0.40

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
BHR
BHR
CPRX
CPRX
Q4 25
$165.6M
$152.6M
Q3 25
$143.6M
$148.4M
Q2 25
$179.1M
$146.6M
Q1 25
$215.8M
$141.4M
Q4 24
$173.3M
$141.8M
Q3 24
$148.4M
$128.7M
Q2 24
$187.6M
$122.7M
Q1 24
$219.1M
$98.5M
Net Profit
BHR
BHR
CPRX
CPRX
Q4 25
$-33.6M
$52.7M
Q3 25
$5.7M
$52.8M
Q2 25
$-5.5M
$52.1M
Q1 25
$11.0M
$56.7M
Q4 24
$-18.7M
$55.9M
Q3 24
$12.6M
$43.9M
Q2 24
$-11.6M
$40.8M
Q1 24
$15.9M
$23.3M
Gross Margin
BHR
BHR
CPRX
CPRX
Q4 25
82.9%
Q3 25
84.7%
Q2 25
85.9%
Q1 25
87.3%
Q4 24
84.7%
Q3 24
85.0%
Q2 24
87.4%
Q1 24
87.3%
Operating Margin
BHR
BHR
CPRX
CPRX
Q4 25
-7.3%
40.5%
Q3 25
20.8%
44.7%
Q2 25
10.0%
45.2%
Q1 25
17.0%
44.8%
Q4 24
2.2%
44.3%
Q3 24
47.4%
39.6%
Q2 24
6.5%
44.2%
Q1 24
19.4%
27.5%
Net Margin
BHR
BHR
CPRX
CPRX
Q4 25
-20.3%
34.5%
Q3 25
4.0%
35.6%
Q2 25
-3.1%
35.6%
Q1 25
5.1%
40.1%
Q4 24
-10.8%
39.4%
Q3 24
8.5%
34.1%
Q2 24
-6.2%
33.2%
Q1 24
7.3%
23.6%
EPS (diluted)
BHR
BHR
CPRX
CPRX
Q4 25
$-0.67
$0.40
Q3 25
$-0.12
$0.42
Q2 25
$-0.24
$0.41
Q1 25
$-0.04
$0.45
Q4 24
$-0.47
$0.44
Q3 24
$-0.02
$0.35
Q2 24
$-0.33
$0.33
Q1 24
$0.05
$0.19

Balance Sheet & Financial Strength

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

Metric
BHR
BHR
CPRX
CPRX
Cash + ST InvestmentsLiquidity on hand
$124.4M
$709.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$138.7M
$954.3M
Total Assets
$1.9B
$1.1B
Debt / EquityLower = less leverage
7.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHR
BHR
CPRX
CPRX
Q4 25
$124.4M
$709.2M
Q3 25
$116.3M
$689.9M
Q2 25
$80.2M
$652.8M
Q1 25
$81.7M
$580.7M
Q4 24
$135.5M
$517.6M
Q3 24
$168.7M
$442.3M
Q2 24
$114.6M
$375.7M
Q1 24
$137.1M
$310.4M
Total Debt
BHR
BHR
CPRX
CPRX
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.2B
Stockholders' Equity
BHR
BHR
CPRX
CPRX
Q4 25
$138.7M
$954.3M
Q3 25
$211.9M
$920.2M
Q2 25
$225.1M
$856.0M
Q1 25
$238.9M
$794.3M
Q4 24
$240.7M
$727.6M
Q3 24
$276.9M
$660.9M
Q2 24
$282.3M
$608.7M
Q1 24
$307.3M
$561.4M
Total Assets
BHR
BHR
CPRX
CPRX
Q4 25
$1.9B
$1.1B
Q3 25
$2.0B
$1.1B
Q2 25
$2.1B
$971.9M
Q1 25
$2.1B
$908.9M
Q4 24
$2.1B
$851.4M
Q3 24
$2.2B
$772.0M
Q2 24
$2.2B
$706.4M
Q1 24
$2.3B
$646.7M
Debt / Equity
BHR
BHR
CPRX
CPRX
Q4 25
7.96×
Q3 25
5.50×
Q2 25
5.38×
Q1 25
5.03×
Q4 24
5.03×
Q3 24
4.36×
Q2 24
4.00×
Q1 24
3.98×

Cash Flow & Capital Efficiency

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

Metric
BHR
BHR
CPRX
CPRX
Operating Cash FlowLast quarter
$40.8M
$44.9M
Free Cash FlowOCF − Capex
$-37.1M
$44.9M
FCF MarginFCF / Revenue
-22.4%
29.4%
Capex IntensityCapex / Revenue
47.1%
0.0%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-59.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHR
BHR
CPRX
CPRX
Q4 25
$40.8M
$44.9M
Q3 25
$-5.8M
$32.4M
Q2 25
$23.0M
$71.3M
Q1 25
$15.1M
$60.0M
Q4 24
$66.8M
$70.9M
Q3 24
$9.0K
$72.9M
Q2 24
$24.1M
$64.1M
Q1 24
$36.0M
$31.9M
Free Cash Flow
BHR
BHR
CPRX
CPRX
Q4 25
$-37.1M
$44.9M
Q3 25
$-27.3M
Q2 25
$5.3M
$71.3M
Q1 25
$-159.0K
Q4 24
$-3.8M
$70.8M
Q3 24
$-15.6M
$72.6M
Q2 24
$8.2M
$64.1M
Q1 24
$12.7M
$31.7M
FCF Margin
BHR
BHR
CPRX
CPRX
Q4 25
-22.4%
29.4%
Q3 25
-19.0%
Q2 25
3.0%
48.6%
Q1 25
-0.1%
Q4 24
-2.2%
49.9%
Q3 24
-10.5%
56.4%
Q2 24
4.4%
52.3%
Q1 24
5.8%
32.2%
Capex Intensity
BHR
BHR
CPRX
CPRX
Q4 25
47.1%
0.0%
Q3 25
15.0%
0.0%
Q2 25
9.9%
0.0%
Q1 25
7.1%
0.0%
Q4 24
40.7%
0.1%
Q3 24
10.5%
0.2%
Q2 24
8.5%
0.0%
Q1 24
10.7%
0.2%
Cash Conversion
BHR
BHR
CPRX
CPRX
Q4 25
0.85×
Q3 25
-1.00×
0.61×
Q2 25
1.37×
Q1 25
1.38×
1.06×
Q4 24
1.27×
Q3 24
0.00×
1.66×
Q2 24
1.57×
Q1 24
2.26×
1.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BHR
BHR

Occupancy$97.4M59%
Food And Beverage$45.5M28%
Hotel Other$22.6M14%

CPRX
CPRX

Firdapse$97.6M64%
Agamree$35.3M23%
Fycompa$19.6M13%

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