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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and Xenia Hotels & Resorts, Inc. (XHR). Click either name above to swap in a different company.
Xenia Hotels & Resorts, Inc. is the larger business by last-quarter revenue ($265.6M vs $143.5M, roughly 1.9× FTAI Infrastructure Inc.). Xenia Hotels & Resorts, Inc. runs the higher net margin — 2.3% vs -68.1%, a 70.4% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 1.4%). Xenia Hotels & Resorts, Inc. produced more free cash flow last quarter ($5.5M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -0.4%).
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
Xenia Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of December 31, 2024, it owned 31 hotels comprising 9,408 rooms.
FIP vs XHR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $265.6M |
| Net Profit | $-97.7M | $6.1M |
| Gross Margin | — | 30.4% |
| Operating Margin | -45.7% | 10.1% |
| Net Margin | -68.1% | 2.3% |
| Revenue YoY | 77.7% | 1.4% |
| Net Profit YoY | 21.6% | 1053.6% |
| EPS (diluted) | $-1.04 | $0.07 |
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.
| Q4 25 | $143.5M | $265.6M | ||
| Q3 25 | $140.6M | $236.4M | ||
| Q2 25 | $122.3M | $287.6M | ||
| Q1 25 | $96.2M | $288.9M | ||
| Q4 24 | $80.8M | $261.8M | ||
| Q3 24 | $83.3M | $236.8M | ||
| Q2 24 | $84.9M | $272.9M | ||
| Q1 24 | $82.5M | $267.5M |
| Q4 25 | $-97.7M | $6.1M | ||
| Q3 25 | $-104.5M | $-13.7M | ||
| Q2 25 | $-70.0M | $55.2M | ||
| Q1 25 | $120.2M | $15.6M | ||
| Q4 24 | $-124.7M | $-638.0K | ||
| Q3 24 | $-43.0M | $-7.1M | ||
| Q2 24 | $-48.1M | $15.3M | ||
| Q1 24 | $-50.3M | $8.5M |
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 33.6% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | 31.6% |
| Q4 25 | -45.7% | 10.1% | ||
| Q3 25 | -70.8% | 2.0% | ||
| Q2 25 | -56.4% | 14.0% | ||
| Q1 25 | 81.8% | 12.4% | ||
| Q4 24 | -152.7% | 8.2% | ||
| Q3 24 | -51.7% | 3.2% | ||
| Q2 24 | -56.4% | 11.1% | ||
| Q1 24 | -58.8% | 10.3% |
| Q4 25 | -68.1% | 2.3% | ||
| Q3 25 | -74.4% | -5.8% | ||
| Q2 25 | -57.2% | 19.2% | ||
| Q1 25 | 125.0% | 5.4% | ||
| Q4 24 | -154.4% | -0.2% | ||
| Q3 24 | -51.6% | -3.0% | ||
| Q2 24 | -56.7% | 5.6% | ||
| Q1 24 | -60.9% | 3.2% |
| Q4 25 | $-1.04 | $0.07 | ||
| Q3 25 | $-1.38 | $-0.14 | ||
| Q2 25 | $-0.73 | $0.56 | ||
| Q1 25 | $0.89 | $0.15 | ||
| Q4 24 | $-1.21 | $-0.01 | ||
| Q3 24 | $-0.45 | $-0.07 | ||
| Q2 24 | $-0.52 | $0.15 | ||
| Q1 24 | $-0.54 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $57.4M | $140.4M |
| Total DebtLower is stronger | $3.8B | $1.4B |
| Stockholders' EquityBook value | $21.3M | $1.1B |
| Total Assets | $5.7B | $2.8B |
| Debt / EquityLower = less leverage | 176.99× | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.4M | $140.4M | ||
| Q3 25 | $34.7M | $188.2M | ||
| Q2 25 | $33.6M | $172.6M | ||
| Q1 25 | $26.3M | $112.6M | ||
| Q4 24 | $27.8M | $78.2M | ||
| Q3 24 | $20.3M | $161.5M | ||
| Q2 24 | $33.1M | $143.6M | ||
| Q1 24 | $23.0M | $140.1M |
| Q4 25 | $3.8B | $1.4B | ||
| Q3 25 | $3.7B | $1.4B | ||
| Q2 25 | $3.1B | $1.4B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.5B | $1.4B | ||
| Q2 24 | $1.6B | $1.4B | ||
| Q1 24 | $1.3B | $1.4B |
| Q4 25 | $21.3M | $1.1B | ||
| Q3 25 | $181.1M | $1.2B | ||
| Q2 25 | $375.5M | $1.2B | ||
| Q1 25 | $476.2M | $1.2B | ||
| Q4 24 | $202.7M | $1.2B | ||
| Q3 24 | $370.8M | $1.3B | ||
| Q2 24 | $394.8M | $1.3B | ||
| Q1 24 | $402.5M | $1.3B |
| Q4 25 | $5.7B | $2.8B | ||
| Q3 25 | $5.5B | $2.9B | ||
| Q2 25 | $4.4B | $2.9B | ||
| Q1 25 | $4.1B | $2.9B | ||
| Q4 24 | $2.4B | $2.8B | ||
| Q3 24 | $2.4B | $2.9B | ||
| Q2 24 | $2.5B | $2.9B | ||
| Q1 24 | $2.3B | $2.9B |
| Q4 25 | 176.99× | 1.25× | ||
| Q3 25 | 20.59× | 1.21× | ||
| Q2 25 | 8.21× | 1.17× | ||
| Q1 25 | 5.79× | 1.18× | ||
| Q4 24 | 7.84× | 1.07× | ||
| Q3 24 | 4.14× | 1.11× | ||
| Q2 24 | 3.94× | 1.09× | ||
| Q1 24 | 3.34× | 1.09× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.8M | $21.4M |
| Free Cash FlowOCF − Capex | $-68.6M | $5.5M |
| FCF MarginFCF / Revenue | -47.8% | 2.1% |
| Capex IntensityCapex / Revenue | 45.9% | 6.0% |
| Cash ConversionOCF / Net Profit | — | 3.52× |
| TTM Free Cash FlowTrailing 4 quarters | $-398.5M | $89.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.8M | $21.4M | ||
| Q3 25 | $-24.4M | $64.0M | ||
| Q2 25 | $-5.2M | $36.3M | ||
| Q1 25 | $-85.7M | $54.8M | ||
| Q4 24 | $-8.1M | $30.6M | ||
| Q3 24 | $14.2M | $51.2M | ||
| Q2 24 | $-17.6M | $57.2M | ||
| Q1 24 | $-3.9M | $24.7M |
| Q4 25 | $-68.6M | $5.5M | ||
| Q3 25 | $-90.7M | $44.2M | ||
| Q2 25 | $-87.5M | $17.8M | ||
| Q1 25 | $-151.7M | $22.4M | ||
| Q4 24 | $-34.3M | $6.2M | ||
| Q3 24 | $-11.7M | $4.3M | ||
| Q2 24 | $-32.1M | $21.4M | ||
| Q1 24 | $-16.7M | $-8.7M |
| Q4 25 | -47.8% | 2.1% | ||
| Q3 25 | -64.5% | 18.7% | ||
| Q2 25 | -71.6% | 6.2% | ||
| Q1 25 | -157.7% | 7.8% | ||
| Q4 24 | -42.4% | 2.4% | ||
| Q3 24 | -14.0% | 1.8% | ||
| Q2 24 | -37.9% | 7.8% | ||
| Q1 24 | -20.3% | -3.3% |
| Q4 25 | 45.9% | 6.0% | ||
| Q3 25 | 47.2% | 8.4% | ||
| Q2 25 | 67.3% | 6.4% | ||
| Q1 25 | 68.6% | 11.2% | ||
| Q4 24 | 32.5% | 9.3% | ||
| Q3 24 | 31.1% | 19.8% | ||
| Q2 24 | 17.2% | 13.1% | ||
| Q1 24 | 15.6% | 12.5% |
| Q4 25 | — | 3.52× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | -0.71× | 3.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.73× | ||
| Q1 24 | — | 2.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
XHR
| Other Geographic Areas | $79.1M | 30% |
| Orlando Florida | $35.5M | 13% |
| Phoenix Arizona | $32.4M | 12% |
| Houston Texas | $29.0M | 11% |
| San Diego California | $25.5M | 10% |
| Atlanta Georgia | $16.2M | 6% |
| San Francisco San Mateo California | $14.8M | 6% |
| Nashville TN | $11.7M | 4% |
| San Jose Santa Cruz CA | $10.5M | 4% |
| Hotel Other Direct | $6.6M | 2% |
