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Side-by-side financial comparison of CHOICE HOTELS INTERNATIONAL INC (CHH) and CSG SYSTEMS INTERNATIONAL INC (CSGS). Click either name above to swap in a different company.

CHOICE HOTELS INTERNATIONAL INC is the larger business by last-quarter revenue ($340.6M vs $323.1M, roughly 1.1× CSG SYSTEMS INTERNATIONAL INC). CHOICE HOTELS INTERNATIONAL INC runs the higher net margin — 5.9% vs 2.2%, a 3.7% gap on every dollar of revenue. On growth, CHOICE HOTELS INTERNATIONAL INC posted the faster year-over-year revenue change (2.3% vs 2.0%). Over the past eight quarters, CSG SYSTEMS INTERNATIONAL INC's revenue compounded faster (4.6% CAGR vs -11.5%).

Choice Hotels International, Inc. is an American multinational hospitality company based in North Bethesda, Maryland. The company, which is one of the largest hotel chains in the world, owns various hotel brands ranging from upscale to economy. As of the end of 2024, Choice Hotels franchised nearly 7,600 hotels, representing over 650,000 rooms, in 46 countries and territories.

CSG Holding Limited, formerly China Southern Glass Holding Limited, is the largest architectural glass manufacturer in China. It is involved in manufacturing and selling glass products, such as float glass, architectural glass, display glass, automotive glass, coated glass, mirrors, color filter glass, solar glass and conservation glass.

CHH vs CSGS — Head-to-Head

Bigger by revenue
CHH
CHH
1.1× larger
CHH
$340.6M
$323.1M
CSGS
Growing faster (revenue YoY)
CHH
CHH
+0.3% gap
CHH
2.3%
2.0%
CSGS
Higher net margin
CHH
CHH
3.7% more per $
CHH
5.9%
2.2%
CSGS
Faster 2-yr revenue CAGR
CSGS
CSGS
Annualised
CSGS
4.6%
-11.5%
CHH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CHH
CHH
CSGS
CSGS
Revenue
$340.6M
$323.1M
Net Profit
$20.0M
$7.0M
Gross Margin
50.0%
Operating Margin
17.6%
9.0%
Net Margin
5.9%
2.2%
Revenue YoY
2.3%
2.0%
Net Profit YoY
-54.4%
-79.7%
EPS (diluted)
$0.44
$0.24

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
CHH
CHH
CSGS
CSGS
Q1 26
$340.6M
Q4 25
$390.1M
$323.1M
Q3 25
$447.3M
$303.6M
Q2 25
$426.4M
$297.1M
Q1 25
$332.9M
$299.5M
Q4 24
$389.8M
$316.7M
Q3 24
$428.0M
$295.1M
Q2 24
$435.2M
$290.3M
Net Profit
CHH
CHH
CSGS
CSGS
Q1 26
$20.0M
Q4 25
$63.7M
$7.0M
Q3 25
$180.0M
$20.5M
Q2 25
$81.7M
$12.3M
Q1 25
$44.5M
$16.1M
Q4 24
$75.8M
$34.5M
Q3 24
$105.7M
$19.1M
Q2 24
$87.1M
$13.8M
Gross Margin
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
50.0%
Q3 25
48.1%
Q2 25
49.5%
Q1 25
48.4%
Q4 24
51.3%
Q3 24
49.4%
Q2 24
47.3%
Operating Margin
CHH
CHH
CSGS
CSGS
Q1 26
17.6%
Q4 25
26.0%
9.0%
Q3 25
31.8%
10.0%
Q2 25
29.2%
10.0%
Q1 25
24.0%
9.8%
Q4 24
30.6%
13.4%
Q3 24
35.5%
10.8%
Q2 24
30.5%
8.8%
Net Margin
CHH
CHH
CSGS
CSGS
Q1 26
5.9%
Q4 25
16.3%
2.2%
Q3 25
40.2%
6.7%
Q2 25
19.2%
4.1%
Q1 25
13.4%
5.4%
Q4 24
19.4%
10.9%
Q3 24
24.7%
6.5%
Q2 24
20.0%
4.8%
EPS (diluted)
CHH
CHH
CSGS
CSGS
Q1 26
$0.44
Q4 25
$1.35
$0.24
Q3 25
$3.86
$0.73
Q2 25
$1.75
$0.44
Q1 25
$0.94
$0.57
Q4 24
$1.56
$1.20
Q3 24
$2.22
$0.67
Q2 24
$1.80
$0.48

Balance Sheet & Financial Strength

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

Metric
CHH
CHH
CSGS
CSGS
Cash + ST InvestmentsLiquidity on hand
$43.9M
$180.0M
Total DebtLower is stronger
$2.0B
$539.5M
Stockholders' EquityBook value
$137.4M
$283.7M
Total Assets
$2.9B
$1.5B
Debt / EquityLower = less leverage
14.58×
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHH
CHH
CSGS
CSGS
Q1 26
$43.9M
Q4 25
$45.0M
$180.0M
Q3 25
$52.6M
$158.4M
Q2 25
$58.6M
$145.9M
Q1 25
$40.1M
$136.0M
Q4 24
$40.2M
$161.8M
Q3 24
$58.6M
$118.4M
Q2 24
$60.4M
$110.4M
Total Debt
CHH
CHH
CSGS
CSGS
Q1 26
$2.0B
Q4 25
$1.9B
$539.5M
Q3 25
$1.9B
$538.6M
Q2 25
$1.9B
$537.8M
Q1 25
$1.9B
$537.6M
Q4 24
$1.8B
$538.5M
Q3 24
$1.8B
$539.5M
Q2 24
$1.9B
$540.5M
Stockholders' Equity
CHH
CHH
CSGS
CSGS
Q1 26
$137.4M
Q4 25
$181.2M
$283.7M
Q3 25
$149.8M
$289.5M
Q2 25
$-26.2M
$290.7M
Q1 25
$-63.9M
$283.1M
Q4 24
$-45.3M
$282.6M
Q3 24
$-96.2M
$288.4M
Q2 24
$-146.8M
$273.3M
Total Assets
CHH
CHH
CSGS
CSGS
Q1 26
$2.9B
Q4 25
$2.9B
$1.5B
Q3 25
$2.9B
$1.5B
Q2 25
$2.7B
$1.4B
Q1 25
$2.6B
$1.4B
Q4 24
$2.5B
$1.5B
Q3 24
$2.5B
$1.4B
Q2 24
$2.5B
$1.4B
Debt / Equity
CHH
CHH
CSGS
CSGS
Q1 26
14.58×
Q4 25
10.52×
1.90×
Q3 25
12.81×
1.86×
Q2 25
1.85×
Q1 25
1.90×
Q4 24
1.91×
Q3 24
1.87×
Q2 24
1.98×

Cash Flow & Capital Efficiency

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

Metric
CHH
CHH
CSGS
CSGS
Operating Cash FlowLast quarter
$59.2M
Free Cash FlowOCF − Capex
$55.8M
FCF MarginFCF / Revenue
17.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
8.46×
TTM Free Cash FlowTrailing 4 quarters
$141.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
$85.7M
$59.2M
Q3 25
$68.7M
$47.9M
Q2 25
$95.6M
$37.3M
Q1 25
$20.5M
$11.5M
Q4 24
$82.9M
$82.5M
Q3 24
$122.9M
$39.5M
Q2 24
$111.9M
$43.1M
Free Cash Flow
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
$64.1M
$55.8M
Q3 25
$49.1M
$43.9M
Q2 25
$65.4M
$34.6M
Q1 25
$-15.0M
$7.1M
Q4 24
$57.4M
$76.6M
Q3 24
$92.6M
$32.0M
Q2 24
$86.6M
$38.8M
FCF Margin
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
16.4%
17.3%
Q3 25
11.0%
14.5%
Q2 25
15.3%
11.6%
Q1 25
-4.5%
2.4%
Q4 24
14.7%
24.2%
Q3 24
21.6%
10.8%
Q2 24
19.9%
13.4%
Capex Intensity
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
5.5%
1.1%
Q3 25
4.4%
1.3%
Q2 25
7.1%
0.9%
Q1 25
10.7%
1.5%
Q4 24
6.5%
1.9%
Q3 24
7.1%
2.5%
Q2 24
5.8%
1.5%
Cash Conversion
CHH
CHH
CSGS
CSGS
Q1 26
Q4 25
1.35×
8.46×
Q3 25
0.38×
2.34×
Q2 25
1.17×
3.04×
Q1 25
0.46×
0.71×
Q4 24
1.09×
2.39×
Q3 24
1.16×
2.07×
Q2 24
1.28×
3.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHH
CHH

Franchise and management fees$149.6M44%
Other$135.8M40%
Owned hotels$30.4M9%
Partnership services and fees$24.7M7%

CSGS
CSGS

Software As A Service And Related Solutions$287.2M89%
License And Service$22.6M7%
Maintenance$13.3M4%

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