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Side-by-side financial comparison of CHOICE HOTELS INTERNATIONAL INC (CHH) and Empire State Realty Trust, Inc. (ESRT). 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 $190.3M, roughly 1.8× Empire State Realty Trust, Inc.). CHOICE HOTELS INTERNATIONAL INC runs the higher net margin — 5.9% vs 1.6%, a 4.3% gap on every dollar of revenue. On growth, Empire State Realty Trust, Inc. posted the faster year-over-year revenue change (5.7% vs 2.3%). Over the past eight quarters, Empire State Realty Trust, Inc.'s revenue compounded faster (0.2% 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.
Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.
CHH vs ESRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $340.6M | $190.3M |
| Net Profit | $20.0M | $3.0M |
| Gross Margin | — | — |
| Operating Margin | 17.6% | 15.5% |
| Net Margin | 5.9% | 1.6% |
| Revenue YoY | 2.3% | 5.7% |
| Net Profit YoY | -54.4% | -73.7% |
| EPS (diluted) | $0.44 | $0.20 |
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.
| Q1 26 | $340.6M | $190.3M | ||
| Q4 25 | $390.1M | $199.2M | ||
| Q3 25 | $447.3M | $197.7M | ||
| Q2 25 | $426.4M | $191.3M | ||
| Q1 25 | $332.9M | $180.1M | ||
| Q4 24 | $389.8M | $197.6M | ||
| Q3 24 | $428.0M | $199.6M | ||
| Q2 24 | $435.2M | $189.5M |
| Q1 26 | $20.0M | $3.0M | ||
| Q4 25 | $63.7M | $32.2M | ||
| Q3 25 | $180.0M | $13.6M | ||
| Q2 25 | $81.7M | $11.4M | ||
| Q1 25 | $44.5M | $15.8M | ||
| Q4 24 | $75.8M | $18.8M | ||
| Q3 24 | $105.7M | $22.8M | ||
| Q2 24 | $87.1M | $28.6M |
| Q1 26 | 17.6% | 15.5% | ||
| Q4 25 | 26.0% | 17.8% | ||
| Q3 25 | 31.8% | 19.9% | ||
| Q2 25 | 29.2% | 18.4% | ||
| Q1 25 | 24.0% | 14.3% | ||
| Q4 24 | 30.6% | 21.7% | ||
| Q3 24 | 35.5% | 22.7% | ||
| Q2 24 | 30.5% | 20.8% |
| Q1 26 | 5.9% | 1.6% | ||
| Q4 25 | 16.3% | 16.1% | ||
| Q3 25 | 40.2% | 6.9% | ||
| Q2 25 | 19.2% | 6.0% | ||
| Q1 25 | 13.4% | 8.8% | ||
| Q4 24 | 19.4% | 9.5% | ||
| Q3 24 | 24.7% | 11.4% | ||
| Q2 24 | 20.0% | 15.1% |
| Q1 26 | $0.44 | $0.20 | ||
| Q4 25 | $1.35 | $0.11 | ||
| Q3 25 | $3.86 | $0.05 | ||
| Q2 25 | $1.75 | $0.04 | ||
| Q1 25 | $0.94 | $0.05 | ||
| Q4 24 | $1.56 | $0.07 | ||
| Q3 24 | $2.22 | $0.08 | ||
| Q2 24 | $1.80 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $43.9M | $68.8M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $137.4M | $1.8B |
| Total Assets | $2.9B | $4.4B |
| Debt / EquityLower = less leverage | 14.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $43.9M | $68.8M | ||
| Q4 25 | $45.0M | $132.7M | ||
| Q3 25 | $52.6M | $154.1M | ||
| Q2 25 | $58.6M | $94.6M | ||
| Q1 25 | $40.1M | $187.8M | ||
| Q4 24 | $40.2M | $385.5M | ||
| Q3 24 | $58.6M | $421.9M | ||
| Q2 24 | $60.4M | $535.5M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $137.4M | $1.8B | ||
| Q4 25 | $181.2M | $1.1B | ||
| Q3 25 | $149.8M | $1.0B | ||
| Q2 25 | $-26.2M | $1.0B | ||
| Q1 25 | $-63.9M | $1.0B | ||
| Q4 24 | $-45.3M | $1.0B | ||
| Q3 24 | $-96.2M | $1.0B | ||
| Q2 24 | $-146.8M | $1.0B |
| Q1 26 | $2.9B | $4.4B | ||
| Q4 25 | $2.9B | $4.5B | ||
| Q3 25 | $2.9B | $4.1B | ||
| Q2 25 | $2.7B | $4.1B | ||
| Q1 25 | $2.6B | $4.1B | ||
| Q4 24 | $2.5B | $4.5B | ||
| Q3 24 | $2.5B | $4.4B | ||
| Q2 24 | $2.5B | $4.4B |
| Q1 26 | 14.58× | — | ||
| Q4 25 | 10.52× | — | ||
| Q3 25 | 12.81× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CHH
| Franchise and management fees | $149.6M | 44% |
| Other | $135.8M | 40% |
| Owned hotels | $30.4M | 9% |
| Partnership services and fees | $24.7M | 7% |
ESRT
| Rental revenue (1) | $166.1M | 87% |
| Observatory revenue | $18.5M | 10% |
| Other revenue and fees | $4.1M | 2% |
| Lease termination fees | $1.4M | 1% |
| Third-party management and other fees | $277.0K | 0% |
