vs

Side-by-side financial comparison of CHOICE HOTELS INTERNATIONAL INC (CHH) and Forestar Group Inc. (FOR). 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 $273.0M, roughly 1.2× Forestar Group Inc.). CHOICE HOTELS INTERNATIONAL INC runs the higher net margin — 5.9% vs 5.6%, a 0.2% gap on every dollar of revenue. On growth, Forestar Group Inc. posted the faster year-over-year revenue change (9.0% vs 2.3%). Over the past eight quarters, Forestar Group Inc.'s revenue compounded faster (-9.6% 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.

Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...

CHH vs FOR — Head-to-Head

Bigger by revenue
CHH
CHH
1.2× larger
CHH
$340.6M
$273.0M
FOR
Growing faster (revenue YoY)
FOR
FOR
+6.7% gap
FOR
9.0%
2.3%
CHH
Higher net margin
CHH
CHH
0.2% more per $
CHH
5.9%
5.6%
FOR
Faster 2-yr revenue CAGR
FOR
FOR
Annualised
FOR
-9.6%
-11.5%
CHH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CHH
CHH
FOR
FOR
Revenue
$340.6M
$273.0M
Net Profit
$20.0M
$15.4M
Gross Margin
20.1%
Operating Margin
17.6%
7.6%
Net Margin
5.9%
5.6%
Revenue YoY
2.3%
9.0%
Net Profit YoY
-54.4%
-6.7%
EPS (diluted)
$0.44
$0.30

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
FOR
FOR
Q1 26
$340.6M
Q4 25
$390.1M
$273.0M
Q3 25
$447.3M
$670.5M
Q2 25
$426.4M
$390.5M
Q1 25
$332.9M
$351.0M
Q4 24
$389.8M
$250.4M
Q3 24
$428.0M
$551.3M
Q2 24
$435.2M
$318.4M
Net Profit
CHH
CHH
FOR
FOR
Q1 26
$20.0M
Q4 25
$63.7M
$15.4M
Q3 25
$180.0M
$86.9M
Q2 25
$81.7M
$32.9M
Q1 25
$44.5M
$31.6M
Q4 24
$75.8M
$16.5M
Q3 24
$105.7M
$81.5M
Q2 24
$87.1M
$38.7M
Gross Margin
CHH
CHH
FOR
FOR
Q1 26
Q4 25
20.1%
Q3 25
22.3%
Q2 25
20.4%
Q1 25
22.6%
Q4 24
22.0%
Q3 24
23.9%
Q2 24
22.5%
Operating Margin
CHH
CHH
FOR
FOR
Q1 26
17.6%
Q4 25
26.0%
7.6%
Q3 25
31.8%
16.9%
Q2 25
29.2%
11.2%
Q1 25
24.0%
11.6%
Q4 24
30.6%
8.7%
Q3 24
35.5%
19.7%
Q2 24
30.5%
16.2%
Net Margin
CHH
CHH
FOR
FOR
Q1 26
5.9%
Q4 25
16.3%
5.6%
Q3 25
40.2%
13.0%
Q2 25
19.2%
8.4%
Q1 25
13.4%
9.0%
Q4 24
19.4%
6.6%
Q3 24
24.7%
14.8%
Q2 24
20.0%
12.2%
EPS (diluted)
CHH
CHH
FOR
FOR
Q1 26
$0.44
Q4 25
$1.35
$0.30
Q3 25
$3.86
$1.70
Q2 25
$1.75
$0.65
Q1 25
$0.94
$0.62
Q4 24
$1.56
$0.32
Q3 24
$2.22
$1.59
Q2 24
$1.80
$0.76

Balance Sheet & Financial Strength

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

Metric
CHH
CHH
FOR
FOR
Cash + ST InvestmentsLiquidity on hand
$43.9M
$211.7M
Total DebtLower is stronger
$2.0B
$793.2M
Stockholders' EquityBook value
$137.4M
$1.8B
Total Assets
$2.9B
$3.2B
Debt / EquityLower = less leverage
14.58×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHH
CHH
FOR
FOR
Q1 26
$43.9M
Q4 25
$45.0M
$211.7M
Q3 25
$52.6M
$379.2M
Q2 25
$58.6M
$189.2M
Q1 25
$40.1M
$174.3M
Q4 24
$40.2M
$132.0M
Q3 24
$58.6M
$481.2M
Q2 24
$60.4M
$359.2M
Total Debt
CHH
CHH
FOR
FOR
Q1 26
$2.0B
Q4 25
$1.9B
$793.2M
Q3 25
$1.9B
$802.7M
Q2 25
$1.9B
$872.8M
Q1 25
$1.9B
$872.5M
Q4 24
$1.8B
$806.8M
Q3 24
$1.8B
$706.4M
Q2 24
$1.9B
$706.1M
Stockholders' Equity
CHH
CHH
FOR
FOR
Q1 26
$137.4M
Q4 25
$181.2M
$1.8B
Q3 25
$149.8M
$1.8B
Q2 25
$-26.2M
$1.7B
Q1 25
$-63.9M
$1.6B
Q4 24
$-45.3M
$1.6B
Q3 24
$-96.2M
$1.6B
Q2 24
$-146.8M
$1.5B
Total Assets
CHH
CHH
FOR
FOR
Q1 26
$2.9B
Q4 25
$2.9B
$3.2B
Q3 25
$2.9B
$3.1B
Q2 25
$2.7B
$3.1B
Q1 25
$2.6B
$3.0B
Q4 24
$2.5B
$3.0B
Q3 24
$2.5B
$2.8B
Q2 24
$2.5B
$2.7B
Debt / Equity
CHH
CHH
FOR
FOR
Q1 26
14.58×
Q4 25
10.52×
0.44×
Q3 25
12.81×
0.45×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.50×
Q3 24
0.44×
Q2 24
0.47×

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
FOR
FOR
Operating Cash FlowLast quarter
$-157.0M
Free Cash FlowOCF − Capex
$-157.1M
FCF MarginFCF / Revenue
-57.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHH
CHH
FOR
FOR
Q1 26
Q4 25
$85.7M
$-157.0M
Q3 25
$68.7M
$256.3M
Q2 25
$95.6M
$15.8M
Q1 25
$20.5M
$-19.8M
Q4 24
$82.9M
$-450.0M
Q3 24
$122.9M
$119.2M
Q2 24
$111.9M
$-61.7M
Free Cash Flow
CHH
CHH
FOR
FOR
Q1 26
Q4 25
$64.1M
$-157.1M
Q3 25
$49.1M
$255.6M
Q2 25
$65.4M
$15.0M
Q1 25
$-15.0M
$-20.5M
Q4 24
$57.4M
Q3 24
$92.6M
$118.4M
Q2 24
$86.6M
$-62.3M
FCF Margin
CHH
CHH
FOR
FOR
Q1 26
Q4 25
16.4%
-57.5%
Q3 25
11.0%
38.1%
Q2 25
15.3%
3.8%
Q1 25
-4.5%
-5.8%
Q4 24
14.7%
Q3 24
21.6%
21.5%
Q2 24
19.9%
-19.6%
Capex Intensity
CHH
CHH
FOR
FOR
Q1 26
Q4 25
5.5%
0.0%
Q3 25
4.4%
0.1%
Q2 25
7.1%
0.2%
Q1 25
10.7%
0.2%
Q4 24
6.5%
0.0%
Q3 24
7.1%
0.1%
Q2 24
5.8%
0.2%
Cash Conversion
CHH
CHH
FOR
FOR
Q1 26
Q4 25
1.35×
-10.19×
Q3 25
0.38×
2.95×
Q2 25
1.17×
0.48×
Q1 25
0.46×
-0.63×
Q4 24
1.09×
-27.27×
Q3 24
1.16×
1.46×
Q2 24
1.28×
-1.59×

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%

FOR
FOR

D.R.Horton Inc.$183.8M67%
Other$89.2M33%

Related Comparisons