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Side-by-side financial comparison of DiamondRock Hospitality Co (DRH) and SL GREEN REALTY CORP (SLG). Click either name above to swap in a different company.

SL GREEN REALTY CORP is the larger business by last-quarter revenue ($276.5M vs $258.2M, roughly 1.1× DiamondRock Hospitality Co). DiamondRock Hospitality Co runs the higher net margin — 5.6% vs -36.5%, a 42.1% gap on every dollar of revenue. On growth, SL GREEN REALTY CORP posted the faster year-over-year revenue change (12.4% vs 1.3%). Over the past eight quarters, SL GREEN REALTY CORP's revenue compounded faster (21.3% CAGR vs -8.6%).

DiamondRock Hospitality Co is a US-based real estate investment trust owning and operating a portfolio of premium upscale hotels and resorts. Its properties are mainly located in major urban tourist and business hubs nationwide, catering to both leisure and corporate clientele seeking high-quality accommodation services.

SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2024, the company owned interests in 39 properties comprising 25,297,353 square feet, primarily in Manhattan. It has been referred to as "New York City’s largest office landlord".

DRH vs SLG — Head-to-Head

Bigger by revenue
SLG
SLG
1.1× larger
SLG
$276.5M
$258.2M
DRH
Growing faster (revenue YoY)
SLG
SLG
+11.1% gap
SLG
12.4%
1.3%
DRH
Higher net margin
DRH
DRH
42.1% more per $
DRH
5.6%
-36.5%
SLG
Faster 2-yr revenue CAGR
SLG
SLG
Annualised
SLG
21.3%
-8.6%
DRH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DRH
DRH
SLG
SLG
Revenue
$258.2M
$276.5M
Net Profit
$14.5M
$-100.8M
Gross Margin
Operating Margin
11.1%
64.2%
Net Margin
5.6%
-36.5%
Revenue YoY
1.3%
12.4%
Net Profit YoY
22.0%
-870.0%
EPS (diluted)
$0.07
$-1.49

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
DRH
DRH
SLG
SLG
Q1 26
$258.2M
Q4 25
$274.5M
$276.5M
Q3 25
$285.4M
$244.8M
Q2 25
$305.7M
$241.9M
Q1 25
$254.9M
$239.8M
Q4 24
$279.1M
$245.9M
Q3 24
$285.1M
$229.7M
Q2 24
$309.3M
$222.8M
Net Profit
DRH
DRH
SLG
SLG
Q1 26
$14.5M
Q4 25
$26.2M
$-100.8M
Q3 25
$22.5M
$28.6M
Q2 25
$40.8M
$-7.4M
Q1 25
$11.9M
$-17.3M
Q4 24
$-11.2M
$19.1M
Q3 24
$26.4M
$-9.5M
Q2 24
$24.5M
$1.6M
Operating Margin
DRH
DRH
SLG
SLG
Q1 26
11.1%
Q4 25
8.9%
64.2%
Q3 25
8.1%
85.5%
Q2 25
13.7%
53.4%
Q1 25
4.3%
56.7%
Q4 24
-3.7%
59.8%
Q3 24
9.5%
65.1%
Q2 24
8.4%
79.2%
Net Margin
DRH
DRH
SLG
SLG
Q1 26
5.6%
Q4 25
9.5%
-36.5%
Q3 25
7.9%
11.7%
Q2 25
13.4%
-3.0%
Q1 25
4.7%
-7.2%
Q4 24
-4.0%
7.8%
Q3 24
9.3%
-4.2%
Q2 24
7.9%
0.7%
EPS (diluted)
DRH
DRH
SLG
SLG
Q1 26
$0.07
Q4 25
$0.12
$-1.49
Q3 25
$0.10
$0.34
Q2 25
$0.18
$-0.16
Q1 25
$0.04
$-0.30
Q4 24
$-0.06
$0.13
Q3 24
$0.11
$-0.21
Q2 24
$0.10
$-0.04

Balance Sheet & Financial Strength

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

Metric
DRH
DRH
SLG
SLG
Cash + ST InvestmentsLiquidity on hand
$39.3M
$155.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$3.7B
Total Assets
$3.0B
$11.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRH
DRH
SLG
SLG
Q1 26
$39.3M
Q4 25
$68.1M
$155.7M
Q3 25
$145.3M
$187.0M
Q2 25
$52.4M
$182.9M
Q1 25
$100.6M
$180.1M
Q4 24
$81.4M
$184.3M
Q3 24
$75.3M
$188.2M
Q2 24
$125.2M
$199.5M
Total Debt
DRH
DRH
SLG
SLG
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
DRH
DRH
SLG
SLG
Q1 26
$1.4B
Q4 25
$1.4B
$3.7B
Q3 25
$1.6B
$3.8B
Q2 25
$1.6B
$3.8B
Q1 25
$1.6B
$3.8B
Q4 24
$1.6B
$4.0B
Q3 24
$1.6B
$3.6B
Q2 24
$1.6B
$3.7B
Total Assets
DRH
DRH
SLG
SLG
Q1 26
$3.0B
Q4 25
$3.0B
$11.1B
Q3 25
$3.1B
$11.1B
Q2 25
$3.1B
$11.3B
Q1 25
$3.1B
$11.4B
Q4 24
$3.2B
$10.5B
Q3 24
$3.2B
$10.2B
Q2 24
$3.2B
$9.5B
Debt / Equity
DRH
DRH
SLG
SLG
Q1 26
Q4 25
0.76×
Q3 25
0.70×
Q2 25
0.65×
Q1 25
0.70×
Q4 24
0.69×
Q3 24
0.67×
Q2 24
0.71×

Cash Flow & Capital Efficiency

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

Metric
DRH
DRH
SLG
SLG
Operating Cash FlowLast quarter
$82.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRH
DRH
SLG
SLG
Q1 26
Q4 25
$67.9M
$82.9M
Q3 25
$74.6M
$-6.8M
Q2 25
$73.6M
$54.5M
Q1 25
$27.6M
$6.7M
Q4 24
$75.8M
$129.6M
Q3 24
$61.7M
$16.7M
Q2 24
$55.7M
$79.4M
Free Cash Flow
DRH
DRH
SLG
SLG
Q1 26
Q4 25
$47.3M
Q3 25
$54.9M
Q2 25
$57.9M
Q1 25
$2.0M
Q4 24
$52.6M
Q3 24
$39.0M
Q2 24
$38.8M
FCF Margin
DRH
DRH
SLG
SLG
Q1 26
Q4 25
17.2%
Q3 25
19.2%
Q2 25
18.9%
Q1 25
0.8%
Q4 24
18.9%
Q3 24
13.7%
Q2 24
12.5%
Capex Intensity
DRH
DRH
SLG
SLG
Q1 26
Q4 25
7.5%
Q3 25
6.9%
Q2 25
5.1%
Q1 25
10.0%
Q4 24
8.3%
Q3 24
7.9%
Q2 24
5.5%
Cash Conversion
DRH
DRH
SLG
SLG
Q1 26
Q4 25
2.59×
Q3 25
3.31×
-0.24×
Q2 25
1.80×
Q1 25
2.33×
Q4 24
6.77×
Q3 24
2.33×
Q2 24
2.27×
50.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DRH
DRH

Rooms$164.1M64%
Food and beverage$67.2M26%
Other$26.9M10%

SLG
SLG

Real Estate Segment$223.1M81%
Other$35.9M13%
Debt And Preferred Equity Segment$17.4M6%

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