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Side-by-side financial comparison of HCI Group, Inc. (HCI) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $246.2M, roughly 1.4× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs -18.0%, a 57.6% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs -76.3%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $168.0M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs -4.6%).
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
HCI vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $246.2M | $334.0M |
| Net Profit | $97.7M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | 58.5% | — |
| Net Margin | 39.7% | -18.0% |
| Revenue YoY | 52.1% | -76.3% |
| Net Profit YoY | 3679.2% | -170.6% |
| EPS (diluted) | $7.29 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $246.2M | $334.0M | ||
| Q3 25 | $216.3M | $382.0M | ||
| Q2 25 | $221.9M | $397.0M | ||
| Q1 25 | $216.4M | $316.0M | ||
| Q4 24 | $161.9M | $336.0M | ||
| Q3 24 | $175.3M | $396.0M | ||
| Q2 24 | $206.2M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $97.7M | $-60.0M | ||
| Q3 25 | $65.5M | $105.0M | ||
| Q2 25 | $66.2M | $87.0M | ||
| Q1 25 | $69.7M | $61.0M | ||
| Q4 24 | $2.6M | $85.0M | ||
| Q3 24 | $5.7M | $102.0M | ||
| Q2 24 | $54.1M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.5% | -11.4% | ||
| Q3 25 | 41.9% | 46.6% | ||
| Q2 25 | 42.5% | 37.8% | ||
| Q1 25 | 46.4% | 35.4% | ||
| Q4 24 | 3.6% | 38.4% | ||
| Q3 24 | 8.0% | 43.2% | ||
| Q2 24 | 36.9% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 39.7% | -18.0% | ||
| Q3 25 | 30.3% | 27.5% | ||
| Q2 25 | 29.8% | 21.9% | ||
| Q1 25 | 32.2% | 19.3% | ||
| Q4 24 | 1.6% | 25.3% | ||
| Q3 24 | 3.2% | 25.8% | ||
| Q2 24 | 26.2% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $7.29 | $-0.77 | ||
| Q3 25 | $4.90 | $1.36 | ||
| Q2 25 | $5.18 | $1.13 | ||
| Q1 25 | $5.35 | $0.78 | ||
| Q4 24 | $0.32 | $1.06 | ||
| Q3 24 | $0.52 | $1.29 | ||
| Q2 24 | $4.24 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $468.0M |
| Total Assets | $2.5B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $1.2B | $64.0M | ||
| Q3 25 | $987.9M | $70.0M | ||
| Q2 25 | $947.2M | $50.0M | ||
| Q1 25 | $754.5M | $48.0M | ||
| Q4 24 | $532.5M | $103.0M | ||
| Q3 24 | $518.8M | $72.0M | ||
| Q2 24 | $445.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.0B | $468.0M | ||
| Q3 25 | $821.8M | $583.0M | ||
| Q2 25 | $758.6M | $570.0M | ||
| Q1 25 | $522.7M | $579.0M | ||
| Q4 24 | $453.3M | $650.0M | ||
| Q3 24 | $455.3M | $583.0M | ||
| Q2 24 | $447.3M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.5B | $4.2B | ||
| Q3 25 | $2.3B | $4.3B | ||
| Q2 25 | $2.4B | $4.3B | ||
| Q1 25 | $2.3B | $4.2B | ||
| Q4 24 | $2.2B | $4.2B | ||
| Q3 24 | $2.0B | $4.2B | ||
| Q2 24 | $1.9B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $444.4M | $367.0M |
| Free Cash FlowOCF − Capex | $440.8M | $168.0M |
| FCF MarginFCF / Revenue | 179.0% | 50.3% |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 4.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | $771.4M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $444.4M | $152.0M | ||
| Q3 25 | $26.7M | $86.0M | ||
| Q2 25 | $145.0M | $70.0M | ||
| Q1 25 | $162.0M | $59.0M | ||
| Q4 24 | $331.8M | $134.0M | ||
| Q3 24 | $104.1M | $79.0M | ||
| Q2 24 | $-29.0M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $440.8M | $136.0M | ||
| Q3 25 | $25.9M | $75.0M | ||
| Q2 25 | $144.5M | $58.0M | ||
| Q1 25 | $160.3M | $52.0M | ||
| Q4 24 | $327.8M | $109.0M | ||
| Q3 24 | $103.2M | $71.0M | ||
| Q2 24 | $-30.1M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 179.0% | 40.7% | ||
| Q3 25 | 12.0% | 19.6% | ||
| Q2 25 | 65.1% | 14.6% | ||
| Q1 25 | 74.1% | 16.5% | ||
| Q4 24 | 202.5% | 32.4% | ||
| Q3 24 | 58.9% | 17.9% | ||
| Q2 24 | -14.6% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 4.8% | ||
| Q3 25 | 0.4% | 2.9% | ||
| Q2 25 | 0.2% | 3.0% | ||
| Q1 25 | 0.8% | 2.2% | ||
| Q4 24 | 2.5% | 7.4% | ||
| Q3 24 | 0.5% | 2.0% | ||
| Q2 24 | 0.5% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.55× | — | ||
| Q3 25 | 0.41× | 0.82× | ||
| Q2 25 | 2.19× | 0.80× | ||
| Q1 25 | 2.32× | 0.97× | ||
| Q4 24 | 128.41× | 1.58× | ||
| Q3 24 | 18.33× | 0.77× | ||
| Q2 24 | -0.54× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |