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Side-by-side financial comparison of Braemar Hotels & Resorts Inc. (BHR) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($250.2M vs $165.6M, roughly 1.5× Braemar Hotels & Resorts Inc.). USANA HEALTH SCIENCES INC runs the higher net margin — 3.0% vs -20.3%, a 23.3% gap on every dollar of revenue. On growth, USANA HEALTH SCIENCES INC posted the faster year-over-year revenue change (-3.0% vs -4.5%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (11.8% 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.

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

BHR vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
1.5× larger
USNA
$250.2M
$165.6M
BHR
Growing faster (revenue YoY)
USNA
USNA
+1.5% gap
USNA
-3.0%
-4.5%
BHR
Higher net margin
USNA
USNA
23.3% more per $
USNA
3.0%
-20.3%
BHR
Faster 2-yr revenue CAGR
USNA
USNA
Annualised
USNA
11.8%
-13.1%
BHR

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
BHR
BHR
USNA
USNA
Revenue
$165.6M
$250.2M
Net Profit
$-33.6M
$7.5M
Gross Margin
76.2%
Operating Margin
-7.3%
5.5%
Net Margin
-20.3%
3.0%
Revenue YoY
-4.5%
-3.0%
Net Profit YoY
-80.1%
-20.0%
EPS (diluted)
$-0.67
$0.41

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
USNA
USNA
Q1 26
$250.2M
Q4 25
$165.6M
$226.2M
Q3 25
$143.6M
$213.7M
Q2 25
$179.1M
$235.8M
Q1 25
$215.8M
$249.5M
Q4 24
$173.3M
$213.6M
Q3 24
$148.4M
$200.2M
Q2 24
$187.6M
Net Profit
BHR
BHR
USNA
USNA
Q1 26
$7.5M
Q4 25
$-33.6M
$180.0K
Q3 25
$5.7M
$-6.5M
Q2 25
$-5.5M
$9.7M
Q1 25
$11.0M
$9.4M
Q4 24
$-18.7M
$4.5M
Q3 24
$12.6M
$10.6M
Q2 24
$-11.6M
Gross Margin
BHR
BHR
USNA
USNA
Q1 26
76.2%
Q4 25
78.2%
Q3 25
77.2%
Q2 25
78.7%
Q1 25
79.0%
Q4 24
82.0%
Q3 24
80.4%
Q2 24
Operating Margin
BHR
BHR
USNA
USNA
Q1 26
5.5%
Q4 25
-7.3%
1.7%
Q3 25
20.8%
0.6%
Q2 25
10.0%
7.1%
Q1 25
17.0%
6.3%
Q4 24
2.2%
3.8%
Q3 24
47.4%
7.8%
Q2 24
6.5%
Net Margin
BHR
BHR
USNA
USNA
Q1 26
3.0%
Q4 25
-20.3%
0.1%
Q3 25
4.0%
-3.1%
Q2 25
-3.1%
4.1%
Q1 25
5.1%
3.8%
Q4 24
-10.8%
2.1%
Q3 24
8.5%
5.3%
Q2 24
-6.2%
EPS (diluted)
BHR
BHR
USNA
USNA
Q1 26
$0.41
Q4 25
$-0.67
$-0.10
Q3 25
$-0.12
$-0.36
Q2 25
$-0.24
$0.52
Q1 25
$-0.04
$0.49
Q4 24
$-0.47
$0.23
Q3 24
$-0.02
$0.56
Q2 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
BHR
BHR
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$124.4M
$162.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$138.7M
Total Assets
$1.9B
$739.0M
Debt / EquityLower = less leverage
7.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHR
BHR
USNA
USNA
Q1 26
$162.8M
Q4 25
$124.4M
$158.4M
Q3 25
$116.3M
$145.3M
Q2 25
$80.2M
$151.3M
Q1 25
$81.7M
$179.6M
Q4 24
$135.5M
$181.8M
Q3 24
$168.7M
$364.9M
Q2 24
$114.6M
Total Debt
BHR
BHR
USNA
USNA
Q1 26
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
Stockholders' Equity
BHR
BHR
USNA
USNA
Q1 26
Q4 25
$138.7M
Q3 25
$211.9M
$528.1M
Q2 25
$225.1M
$531.1M
Q1 25
$238.9M
$529.8M
Q4 24
$240.7M
$532.1M
Q3 24
$276.9M
$533.1M
Q2 24
$282.3M
Total Assets
BHR
BHR
USNA
USNA
Q1 26
$739.0M
Q4 25
$1.9B
$742.9M
Q3 25
$2.0B
$726.6M
Q2 25
$2.1B
$734.5M
Q1 25
$2.1B
$746.6M
Q4 24
$2.1B
$748.2M
Q3 24
$2.2B
$671.3M
Q2 24
$2.2B
Debt / Equity
BHR
BHR
USNA
USNA
Q1 26
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×

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
USNA
USNA
Operating Cash FlowLast quarter
$40.8M
Free Cash FlowOCF − Capex
$-37.1M
FCF MarginFCF / Revenue
-22.4%
Capex IntensityCapex / Revenue
47.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-59.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHR
BHR
USNA
USNA
Q1 26
Q4 25
$40.8M
Q3 25
$-5.8M
$-2.0M
Q2 25
$23.0M
$12.2M
Q1 25
$15.1M
$15.5M
Q4 24
$66.8M
$5.8M
Q3 24
$9.0K
$29.5M
Q2 24
$24.1M
Free Cash Flow
BHR
BHR
USNA
USNA
Q1 26
Q4 25
$-37.1M
Q3 25
$-27.3M
$-5.2M
Q2 25
$5.3M
$7.2M
Q1 25
$-159.0K
$12.7M
Q4 24
$-3.8M
$4.0M
Q3 24
$-15.6M
$27.1M
Q2 24
$8.2M
FCF Margin
BHR
BHR
USNA
USNA
Q1 26
Q4 25
-22.4%
Q3 25
-19.0%
-2.4%
Q2 25
3.0%
3.0%
Q1 25
-0.1%
5.1%
Q4 24
-2.2%
1.9%
Q3 24
-10.5%
13.6%
Q2 24
4.4%
Capex Intensity
BHR
BHR
USNA
USNA
Q1 26
Q4 25
47.1%
Q3 25
15.0%
1.5%
Q2 25
9.9%
2.1%
Q1 25
7.1%
1.1%
Q4 24
40.7%
0.8%
Q3 24
10.5%
1.2%
Q2 24
8.5%
Cash Conversion
BHR
BHR
USNA
USNA
Q1 26
Q4 25
Q3 25
-1.00×
Q2 25
1.27×
Q1 25
1.38×
1.65×
Q4 24
1.29×
Q3 24
0.00×
2.78×
Q2 24

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%

USNA
USNA

Segment breakdown not available.

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