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Side-by-side financial comparison of Hyatt Hotels Corp (H) and M&T Bank (MTB). Click either name above to swap in a different company.
M&T Bank is the larger business by last-quarter revenue ($2.5B vs $1.8B, roughly 1.4× Hyatt Hotels Corp). M&T Bank runs the higher net margin — 30.7% vs -1.1%, a 31.8% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs 3.8%). Over the past eight quarters, M&T Bank's revenue compounded faster (4.6% CAGR vs 2.2%).
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.
H vs MTB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $2.5B |
| Net Profit | $-20.0M | $759.0M |
| Gross Margin | — | — |
| Operating Margin | 0.4% | 39.2% |
| Net Margin | -1.1% | 30.7% |
| Revenue YoY | 11.7% | 3.8% |
| Net Profit YoY | 64.3% | 11.5% |
| EPS (diluted) | $-0.20 | $4.62 |
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 | $1.8B | $2.5B | ||
| Q3 25 | $1.8B | $2.5B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.7B | $2.3B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.6B | $2.3B | ||
| Q2 24 | $1.7B | $2.3B | ||
| Q1 24 | $1.7B | $2.3B |
| Q4 25 | $-20.0M | $759.0M | ||
| Q3 25 | $-49.0M | $792.0M | ||
| Q2 25 | $-3.0M | $716.0M | ||
| Q1 25 | $20.0M | $584.0M | ||
| Q4 24 | $-56.0M | $681.0M | ||
| Q3 24 | $471.0M | $721.0M | ||
| Q2 24 | $359.0M | $655.0M | ||
| Q1 24 | $522.0M | $531.0M |
| Q4 25 | 0.4% | 39.2% | ||
| Q3 25 | -1.0% | 40.8% | ||
| Q2 25 | 2.1% | 39.0% | ||
| Q1 25 | 3.0% | 33.0% | ||
| Q4 24 | -3.0% | 37.0% | ||
| Q3 24 | 37.3% | 39.0% | ||
| Q2 24 | 27.1% | 37.1% | ||
| Q1 24 | 31.6% | 29.4% |
| Q4 25 | -1.1% | 30.7% | ||
| Q3 25 | -2.7% | 31.5% | ||
| Q2 25 | -0.2% | 29.9% | ||
| Q1 25 | 1.2% | 25.3% | ||
| Q4 24 | -3.5% | 28.6% | ||
| Q3 24 | 28.9% | 30.9% | ||
| Q2 24 | 21.1% | 28.5% | ||
| Q1 24 | 30.5% | 23.5% |
| Q4 25 | $-0.20 | $4.62 | ||
| Q3 25 | $-0.51 | $4.82 | ||
| Q2 25 | $-0.03 | $4.24 | ||
| Q1 25 | $0.19 | $3.32 | ||
| Q4 24 | $-0.37 | $3.87 | ||
| Q3 24 | $4.63 | $4.02 | ||
| Q2 24 | $3.46 | $3.73 | ||
| Q1 24 | $4.93 | $3.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $813.0M | — |
| Total DebtLower is stronger | — | $10.9B |
| Stockholders' EquityBook value | $3.3B | $29.2B |
| Total Assets | $14.0B | $213.5B |
| Debt / EquityLower = less leverage | — | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $813.0M | — | ||
| Q3 25 | $749.0M | — | ||
| Q2 25 | $912.0M | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $794.0M | — |
| Q4 25 | — | $10.9B | ||
| Q3 25 | $6.0B | $12.9B | ||
| Q2 25 | $6.0B | $12.4B | ||
| Q1 25 | $4.3B | $10.5B | ||
| Q4 24 | $3.8B | $12.6B | ||
| Q3 24 | $3.1B | $11.6B | ||
| Q2 24 | $3.9B | $11.3B | ||
| Q1 24 | $3.1B | $11.4B |
| Q4 25 | $3.3B | $29.2B | ||
| Q3 25 | $3.5B | $28.7B | ||
| Q2 25 | $3.6B | $28.5B | ||
| Q1 25 | $3.5B | $29.0B | ||
| Q4 24 | $3.5B | $29.0B | ||
| Q3 24 | $3.7B | $28.9B | ||
| Q2 24 | $3.9B | $28.4B | ||
| Q1 24 | $3.7B | $27.2B |
| Q4 25 | $14.0B | $213.5B | ||
| Q3 25 | $15.7B | $211.3B | ||
| Q2 25 | $15.9B | $211.6B | ||
| Q1 25 | $14.0B | $210.3B | ||
| Q4 24 | $13.3B | $208.1B | ||
| Q3 24 | $11.9B | $211.8B | ||
| Q2 24 | $12.8B | $208.9B | ||
| Q1 24 | $11.7B | $215.1B |
| Q4 25 | — | 0.37× | ||
| Q3 25 | 1.73× | 0.45× | ||
| Q2 25 | 1.69× | 0.43× | ||
| Q1 25 | 1.25× | 0.36× | ||
| Q4 24 | 1.07× | 0.43× | ||
| Q3 24 | 0.85× | 0.40× | ||
| Q2 24 | 1.01× | 0.40× | ||
| Q1 24 | 0.84× | 0.42× |
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 | $313.0M | $3.0B |
| Free Cash FlowOCF − Capex | $236.0M | — |
| FCF MarginFCF / Revenue | 13.2% | — |
| Capex IntensityCapex / Revenue | 4.3% | — |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $159.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $313.0M | $3.0B | ||
| Q3 25 | $-20.0M | $1.0B | ||
| Q2 25 | $-67.0M | $844.0M | ||
| Q1 25 | $153.0M | $635.0M | ||
| Q4 24 | $235.0M | $3.6B | ||
| Q3 24 | $-21.0M | $-28.0M | ||
| Q2 24 | $177.0M | $1.4B | ||
| Q1 24 | $242.0M | $608.0M |
| Q4 25 | $236.0M | — | ||
| Q3 25 | $-89.0M | — | ||
| Q2 25 | $-111.0M | — | ||
| Q1 25 | $123.0M | — | ||
| Q4 24 | $184.0M | — | ||
| Q3 24 | $-64.0M | — | ||
| Q2 24 | $135.0M | — | ||
| Q1 24 | $208.0M | — |
| Q4 25 | 13.2% | — | ||
| Q3 25 | -5.0% | — | ||
| Q2 25 | -6.1% | — | ||
| Q1 25 | 7.2% | — | ||
| Q4 24 | 11.5% | — | ||
| Q3 24 | -3.9% | — | ||
| Q2 24 | 7.9% | — | ||
| Q1 24 | 12.1% | — |
| Q4 25 | 4.3% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.0% | — |
| Q4 25 | — | 3.96× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 1.18× | ||
| Q1 25 | 7.65× | 1.09× | ||
| Q4 24 | — | 5.30× | ||
| Q3 24 | -0.04× | -0.04× | ||
| Q2 24 | 0.49× | 2.07× | ||
| Q1 24 | 0.46× | 1.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
MTB
Segment breakdown not available.
