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Side-by-side financial comparison of EAGLE MATERIALS INC (EXP) and Global Business Travel Group, Inc. (GBTG). Click either name above to swap in a different company.

Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $556.0M, roughly 1.4× EAGLE MATERIALS INC). EAGLE MATERIALS INC runs the higher net margin — 18.5% vs 10.5%, a 8.0% gap on every dollar of revenue. On growth, Global Business Travel Group, Inc. posted the faster year-over-year revenue change (34.0% vs -0.4%). EAGLE MATERIALS INC produced more free cash flow last quarter ($60.8M vs $13.0M). Over the past eight quarters, Global Business Travel Group, Inc.'s revenue compounded faster (13.9% CAGR vs 8.0%).

Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.

A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...

EXP vs GBTG — Head-to-Head

Bigger by revenue
GBTG
GBTG
1.4× larger
GBTG
$792.0M
$556.0M
EXP
Growing faster (revenue YoY)
GBTG
GBTG
+34.4% gap
GBTG
34.0%
-0.4%
EXP
Higher net margin
EXP
EXP
8.0% more per $
EXP
18.5%
10.5%
GBTG
More free cash flow
EXP
EXP
$47.8M more FCF
EXP
$60.8M
$13.0M
GBTG
Faster 2-yr revenue CAGR
GBTG
GBTG
Annualised
GBTG
13.9%
8.0%
EXP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
EXP
EXP
GBTG
GBTG
Revenue
$556.0M
$792.0M
Net Profit
$102.9M
$83.0M
Gross Margin
28.9%
Operating Margin
3.7%
Net Margin
18.5%
10.5%
Revenue YoY
-0.4%
34.0%
Net Profit YoY
-13.9%
692.9%
EPS (diluted)
$3.22
$0.16

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
EXP
EXP
GBTG
GBTG
Q4 25
$556.0M
$792.0M
Q3 25
$638.9M
$674.0M
Q2 25
$634.7M
$631.0M
Q1 25
$470.2M
$621.0M
Q4 24
$558.0M
$591.0M
Q3 24
$623.6M
$597.0M
Q2 24
$608.7M
$625.0M
Q1 24
$476.7M
$610.0M
Net Profit
EXP
EXP
GBTG
GBTG
Q4 25
$102.9M
$83.0M
Q3 25
$137.4M
$-62.0M
Q2 25
$123.4M
$15.0M
Q1 25
$66.5M
$75.0M
Q4 24
$119.6M
$-14.0M
Q3 24
$143.5M
$-128.0M
Q2 24
$133.8M
$27.0M
Q1 24
$77.1M
$-19.0M
Gross Margin
EXP
EXP
GBTG
GBTG
Q4 25
28.9%
Q3 25
31.3%
Q2 25
29.2%
Q1 25
22.2%
Q4 24
31.9%
Q3 24
32.7%
Q2 24
30.7%
Q1 24
25.1%
Operating Margin
EXP
EXP
GBTG
GBTG
Q4 25
3.7%
Q3 25
1.8%
Q2 25
5.4%
Q1 25
8.9%
Q4 24
32.8%
5.1%
Q3 24
34.2%
4.5%
Q2 24
32.0%
6.7%
Q1 24
26.9%
2.6%
Net Margin
EXP
EXP
GBTG
GBTG
Q4 25
18.5%
10.5%
Q3 25
21.5%
-9.2%
Q2 25
19.4%
2.4%
Q1 25
14.1%
12.1%
Q4 24
21.4%
-2.4%
Q3 24
23.0%
-21.4%
Q2 24
22.0%
4.3%
Q1 24
16.2%
-3.1%
EPS (diluted)
EXP
EXP
GBTG
GBTG
Q4 25
$3.22
$0.16
Q3 25
$4.23
$-0.13
Q2 25
$3.76
$0.03
Q1 25
$2.01
$0.16
Q4 24
$3.56
$-0.04
Q3 24
$4.26
$-0.28
Q2 24
$3.94
$0.06
Q1 24
$2.23
$-0.04

Balance Sheet & Financial Strength

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

Metric
EXP
EXP
GBTG
GBTG
Cash + ST InvestmentsLiquidity on hand
$419.0M
$434.0M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.5B
$1.6B
Total Assets
$3.8B
$4.9B
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXP
EXP
GBTG
GBTG
Q4 25
$419.0M
$434.0M
Q3 25
$35.0M
$427.0M
Q2 25
$59.7M
$601.0M
Q1 25
$20.4M
$552.0M
Q4 24
$31.2M
$536.0M
Q3 24
$93.9M
$524.0M
Q2 24
$46.5M
$515.0M
Q1 24
$34.9M
$475.0M
Total Debt
EXP
EXP
GBTG
GBTG
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.2B
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
Q1 24
$1.1B
Stockholders' Equity
EXP
EXP
GBTG
GBTG
Q4 25
$1.5B
$1.6B
Q3 25
$1.5B
$1.5B
Q2 25
$1.5B
$1.2B
Q1 25
$1.5B
$1.1B
Q4 24
$1.5B
$1.1B
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.2B
Q1 24
$1.3B
$1.2B
Total Assets
EXP
EXP
GBTG
GBTG
Q4 25
$3.8B
$4.9B
Q3 25
$3.4B
$4.8B
Q2 25
$3.4B
$3.9B
Q1 25
$3.3B
$3.8B
Q4 24
$3.0B
$3.6B
Q3 24
$3.1B
$3.8B
Q2 24
$3.0B
$3.8B
Q1 24
$2.9B
$3.8B
Debt / Equity
EXP
EXP
GBTG
GBTG
Q4 25
0.88×
Q3 25
0.91×
Q2 25
1.15×
Q1 25
0.86×
1.23×
Q4 24
1.32×
Q3 24
1.26×
Q2 24
Q1 24
0.84×

Cash Flow & Capital Efficiency

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

Metric
EXP
EXP
GBTG
GBTG
Operating Cash FlowLast quarter
$170.8M
$52.0M
Free Cash FlowOCF − Capex
$60.8M
$13.0M
FCF MarginFCF / Revenue
10.9%
1.6%
Capex IntensityCapex / Revenue
19.8%
4.9%
Cash ConversionOCF / Net Profit
1.66×
0.63×
TTM Free Cash FlowTrailing 4 quarters
$231.8M
$104.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXP
EXP
GBTG
GBTG
Q4 25
$170.8M
$52.0M
Q3 25
$204.6M
$71.0M
Q2 25
$136.6M
$57.0M
Q1 25
$62.8M
$53.0M
Q4 24
$119.9M
$65.0M
Q3 24
$233.3M
$85.0M
Q2 24
$132.6M
$73.0M
Q1 24
$63.4M
$49.0M
Free Cash Flow
EXP
EXP
GBTG
GBTG
Q4 25
$60.8M
$13.0M
Q3 25
$96.1M
$38.0M
Q2 25
$60.5M
$27.0M
Q1 25
$14.5M
$26.0M
Q4 24
$72.5M
$33.0M
Q3 24
$166.8M
$59.0M
Q2 24
$99.5M
$49.0M
Q1 24
$30.9M
$24.0M
FCF Margin
EXP
EXP
GBTG
GBTG
Q4 25
10.9%
1.6%
Q3 25
15.0%
5.6%
Q2 25
9.5%
4.3%
Q1 25
3.1%
4.2%
Q4 24
13.0%
5.6%
Q3 24
26.7%
9.9%
Q2 24
16.3%
7.8%
Q1 24
6.5%
3.9%
Capex Intensity
EXP
EXP
GBTG
GBTG
Q4 25
19.8%
4.9%
Q3 25
17.0%
4.9%
Q2 25
12.0%
4.8%
Q1 25
10.3%
4.3%
Q4 24
8.5%
5.4%
Q3 24
10.7%
4.4%
Q2 24
5.4%
3.8%
Q1 24
6.8%
4.1%
Cash Conversion
EXP
EXP
GBTG
GBTG
Q4 25
1.66×
0.63×
Q3 25
1.49×
Q2 25
1.11×
3.80×
Q1 25
0.94×
0.71×
Q4 24
1.00×
Q3 24
1.63×
Q2 24
0.99×
2.70×
Q1 24
0.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXP
EXP

External Customers$283.5M51%
Gypsum Wallboard$175.9M32%
Recycled Paperboard$47.8M9%
Corporate Joint Venture$29.4M5%
Other$11.8M2%
Western Pennsylvania Acquisition$7.6M1%

GBTG
GBTG

Travel$620.0M78%
Other$172.0M22%

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