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Side-by-side financial comparison of Birkenstock Holding plc (BIRK) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Ryman Hospitality Properties, Inc. is the larger business by last-quarter revenue ($737.8M vs $526.3M, roughly 1.4× Birkenstock Holding plc). Birkenstock Holding plc runs the higher net margin — 19.3% vs 10.1%, a 9.2% gap on every dollar of revenue. Over the past eight quarters, Birkenstock Holding plc's revenue compounded faster (26.8% CAGR vs 18.2%).

Birkenstock Holding plc is a German shoe manufacturer known for its sandals and other shoes notable for contoured cork footbeds (soles), made with layers of suede and jute, which conform to the shape of their wearers' feet. Founded in 1774 by Johann Adam Birkenstock and headquartered in Neustadt (Wied), Rhineland-Palatinate, Germany, the company's original purpose was to create shoes that support and contour the foot, compared to the flat soles of many shoes during that time. In 1896, the Fus...

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...

BIRK vs RHP — Head-to-Head

Bigger by revenue
RHP
RHP
1.4× larger
RHP
$737.8M
$526.3M
BIRK
Higher net margin
BIRK
BIRK
9.2% more per $
BIRK
19.3%
10.1%
RHP
Faster 2-yr revenue CAGR
BIRK
BIRK
Annualised
BIRK
26.8%
18.2%
RHP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BIRK
BIRK
RHP
RHP
Revenue
$526.3M
$737.8M
Net Profit
$101.4M
$74.5M
Gross Margin
62.8%
41.4%
Operating Margin
23.0%
19.4%
Net Margin
19.3%
10.1%
Revenue YoY
13.9%
Net Profit YoY
3.0%
EPS (diluted)
$1.12

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
BIRK
BIRK
RHP
RHP
Q4 25
$737.8M
Q3 25
$526.3M
$592.5M
Q2 25
$685.8M
$659.5M
Q1 25
$620.3M
$587.3M
Q4 24
$390.7M
$647.6M
Q3 24
$455.8M
$550.0M
Q2 24
$609.9M
$613.3M
Q1 24
$519.7M
$528.3M
Net Profit
BIRK
BIRK
RHP
RHP
Q4 25
$74.5M
Q3 25
$101.4M
$34.9M
Q2 25
$139.6M
$71.8M
Q1 25
$113.5M
$63.0M
Q4 24
$21.7M
$72.3M
Q3 24
$59.0M
Q2 24
$80.6M
$100.8M
Q1 24
$77.4M
$42.8M
Gross Margin
BIRK
BIRK
RHP
RHP
Q4 25
41.4%
Q3 25
62.8%
40.9%
Q2 25
60.5%
49.7%
Q1 25
57.7%
44.4%
Q4 24
60.3%
40.4%
Q3 24
43.1%
Q2 24
59.5%
48.4%
Q1 24
56.3%
41.5%
Operating Margin
BIRK
BIRK
RHP
RHP
Q4 25
19.4%
Q3 25
23.0%
15.0%
Q2 25
31.2%
21.1%
Q1 25
30.5%
19.8%
Q4 24
17.7%
18.6%
Q3 24
19.3%
Q2 24
27.5%
27.4%
Q1 24
27.5%
18.2%
Net Margin
BIRK
BIRK
RHP
RHP
Q4 25
10.1%
Q3 25
19.3%
5.9%
Q2 25
20.3%
10.9%
Q1 25
18.3%
10.7%
Q4 24
5.6%
11.2%
Q3 24
10.7%
Q2 24
13.2%
16.4%
Q1 24
14.9%
8.1%
EPS (diluted)
BIRK
BIRK
RHP
RHP
Q4 25
$1.12
Q3 25
$0.53
Q2 25
$1.12
Q1 25
$1.00
Q4 24
$1.12
Q3 24
$0.94
Q2 24
$1.65
Q1 24
$0.67

Balance Sheet & Financial Strength

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

Metric
BIRK
BIRK
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$355.4M
$471.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$750.2M
Total Assets
$5.3B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIRK
BIRK
RHP
RHP
Q4 25
$471.4M
Q3 25
$355.4M
$483.3M
Q2 25
$282.8M
$420.6M
Q1 25
$254.2M
$413.9M
Q4 24
$322.5M
$477.7M
Q3 24
$384.3M
$534.9M
Q2 24
$436.7M
$498.4M
Q1 24
$189.8M
$465.3M
Stockholders' Equity
BIRK
BIRK
RHP
RHP
Q4 25
$750.2M
Q3 25
$2.9B
$758.5M
Q2 25
$2.8B
$800.4M
Q1 25
$3.0B
$531.5M
Q4 24
$3.0B
$549.0M
Q3 24
$2.8B
$551.9M
Q2 24
$2.8B
$562.6M
Q1 24
$2.7B
$529.9M
Total Assets
BIRK
BIRK
RHP
RHP
Q4 25
$6.2B
Q3 25
$5.3B
$6.2B
Q2 25
$5.3B
$6.1B
Q1 25
$5.4B
$5.2B
Q4 24
$5.4B
$5.2B
Q3 24
$5.3B
$5.2B
Q2 24
$5.4B
$5.1B
Q1 24
$5.2B
$5.1B

Cash Flow & Capital Efficiency

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

Metric
BIRK
BIRK
RHP
RHP
Operating Cash FlowLast quarter
$415.0M
$164.7M
Free Cash FlowOCF − Capex
$58.5M
FCF MarginFCF / Revenue
7.9%
Capex IntensityCapex / Revenue
14.4%
Cash ConversionOCF / Net Profit
4.09×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$232.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIRK
BIRK
RHP
RHP
Q4 25
$164.7M
Q3 25
$415.0M
$205.2M
Q2 25
$122.5M
Q1 25
$98.2M
Q4 24
$-12.6M
$166.6M
Q3 24
$463.0M
$218.1M
Q2 24
$184.3M
Q1 24
$7.5M
Free Cash Flow
BIRK
BIRK
RHP
RHP
Q4 25
$58.5M
Q3 25
$135.4M
Q2 25
$53.0M
Q1 25
$-14.5M
Q4 24
$76.0M
Q3 24
$85.7M
Q2 24
$78.8M
Q1 24
$-72.0M
FCF Margin
BIRK
BIRK
RHP
RHP
Q4 25
7.9%
Q3 25
22.9%
Q2 25
8.0%
Q1 25
-2.5%
Q4 24
11.7%
Q3 24
15.6%
Q2 24
12.9%
Q1 24
-13.6%
Capex Intensity
BIRK
BIRK
RHP
RHP
Q4 25
14.4%
Q3 25
11.8%
Q2 25
10.5%
Q1 25
19.2%
Q4 24
14.0%
Q3 24
24.1%
Q2 24
17.2%
Q1 24
15.0%
Cash Conversion
BIRK
BIRK
RHP
RHP
Q4 25
2.21×
Q3 25
4.09×
5.88×
Q2 25
1.71×
Q1 25
1.56×
Q4 24
-0.58×
2.30×
Q3 24
3.70×
Q2 24
1.83×
Q1 24
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIRK
BIRK

Segment breakdown not available.

RHP
RHP

Hotel Other$157.7M21%
Gaylord Opryland$147.4M20%
Hotel Transient Rooms$93.6M13%
Hotel Food And Beverage Outlets$92.2M12%
Gaylord Palms$88.2M12%
Jw Marriott Hill Country$53.7M7%
Entertainment Admissions And Ticketing$43.1M6%
Entertainment Food And Beverage$38.1M5%
Entertainment Retail And Other$28.3M4%
Ac Hotel$2.4M0%

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