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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and RLJ Lodging Trust (RLJ). Click either name above to swap in a different company.

RLJ Lodging Trust is the larger business by last-quarter revenue ($340.0M vs $216.6M, roughly 1.6× HighPeak Energy, Inc.). RLJ Lodging Trust runs the higher net margin — -1.9% vs -11.6%, a 9.7% gap on every dollar of revenue. On growth, RLJ Lodging Trust posted the faster year-over-year revenue change (3.6% vs -23.3%). Over the past eight quarters, RLJ Lodging Trust's revenue compounded faster (-4.1% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

The RLJ Companies is an American asset management firm owned by entrepreneur Robert Louis Johnson. After selling Black Entertainment Television in 2001, Johnson's first company, he created RLJ Companies in Bethesda, Maryland. The company's network includes hotel real estate investment, private equity, financial services, asset management, insurance services, car dealerships, sports and entertainment, and video lottery terminal (VLT) gaming. The company is headquartered in Bethesda and has add...

HPK vs RLJ — Head-to-Head

Bigger by revenue
RLJ
RLJ
1.6× larger
RLJ
$340.0M
$216.6M
HPK
Growing faster (revenue YoY)
RLJ
RLJ
+26.9% gap
RLJ
3.6%
-23.3%
HPK
Higher net margin
RLJ
RLJ
9.7% more per $
RLJ
-1.9%
-11.6%
HPK
Faster 2-yr revenue CAGR
RLJ
RLJ
Annualised
RLJ
-4.1%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HPK
HPK
RLJ
RLJ
Revenue
$216.6M
$340.0M
Net Profit
$-25.2M
$-6.4M
Gross Margin
Operating Margin
-7.6%
8.2%
Net Margin
-11.6%
-1.9%
Revenue YoY
-23.3%
3.6%
Net Profit YoY
-380.7%
EPS (diluted)
$-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
HPK
HPK
RLJ
RLJ
Q1 26
$340.0M
Q4 25
$216.6M
$328.6M
Q3 25
$188.9M
$330.0M
Q2 25
$200.4M
$363.1M
Q1 25
$257.4M
$328.1M
Q4 24
$282.6M
$330.0M
Q3 24
$271.6M
$345.7M
Q2 24
$275.3M
$369.3M
Net Profit
HPK
HPK
RLJ
RLJ
Q1 26
$-6.4M
Q4 25
$-25.2M
$430.0K
Q3 25
$-18.3M
$-3.7M
Q2 25
$26.2M
$28.5M
Q1 25
$36.3M
$3.4M
Q4 24
$9.0M
$5.4M
Q3 24
$49.9M
$20.6M
Q2 24
$29.7M
$37.1M
Operating Margin
HPK
HPK
RLJ
RLJ
Q1 26
8.2%
Q4 25
-7.6%
0.2%
Q3 25
17.3%
-1.0%
Q2 25
21.7%
8.0%
Q1 25
35.1%
1.1%
Q4 24
26.1%
1.8%
Q3 24
27.0%
6.1%
Q2 24
31.7%
10.2%
Net Margin
HPK
HPK
RLJ
RLJ
Q1 26
-1.9%
Q4 25
-11.6%
0.1%
Q3 25
-9.7%
-1.1%
Q2 25
13.1%
7.8%
Q1 25
14.1%
1.0%
Q4 24
3.2%
1.6%
Q3 24
18.4%
6.0%
Q2 24
10.8%
10.0%
EPS (diluted)
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
$-0.16
$-0.05
Q3 25
$-0.15
$-0.07
Q2 25
$0.19
$0.15
Q1 25
$0.26
$-0.02
Q4 24
$0.06
$-0.01
Q3 24
$0.35
$0.09
Q2 24
$0.21
$0.20

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
RLJ
RLJ
Cash + ST InvestmentsLiquidity on hand
$162.1M
$353.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$2.1B
Total Assets
$3.2B
$4.7B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
RLJ
RLJ
Q1 26
$353.1M
Q4 25
$162.1M
$410.2M
Q3 25
$164.9M
$374.8M
Q2 25
$21.9M
$373.9M
Q1 25
$51.6M
$347.5M
Q4 24
$86.6M
$409.8M
Q3 24
$135.6M
$385.4M
Q2 24
$157.9M
$371.1M
Total Debt
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
$1.2B
$2.2B
Q3 25
$1.2B
$2.2B
Q2 25
$1.0B
$2.2B
Q1 25
$1.0B
$2.2B
Q4 24
$1.0B
$2.2B
Q3 24
$1.1B
$2.2B
Q2 24
$1.1B
$2.2B
Stockholders' Equity
HPK
HPK
RLJ
RLJ
Q1 26
$2.1B
Q4 25
$1.6B
$2.2B
Q3 25
$1.6B
$2.2B
Q2 25
$1.7B
$2.2B
Q1 25
$1.6B
$2.2B
Q4 24
$1.6B
$2.3B
Q3 24
$1.6B
$2.3B
Q2 24
$1.6B
$2.3B
Total Assets
HPK
HPK
RLJ
RLJ
Q1 26
$4.7B
Q4 25
$3.2B
$4.7B
Q3 25
$3.2B
$4.8B
Q2 25
$3.1B
$4.8B
Q1 25
$3.1B
$4.8B
Q4 24
$3.1B
$4.9B
Q3 24
$3.1B
$4.9B
Q2 24
$3.1B
$4.9B
Debt / Equity
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
0.75×
1.01×
Q3 25
0.73×
1.01×
Q2 25
0.62×
1.00×
Q1 25
0.63×
0.99×
Q4 24
0.65×
0.97×
Q3 24
0.67×
0.96×
Q2 24
0.70×
0.95×

Cash Flow & Capital Efficiency

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

Metric
HPK
HPK
RLJ
RLJ
Operating Cash FlowLast quarter
$93.1M
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
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
$93.1M
$243.8M
Q3 25
$120.2M
$63.3M
Q2 25
$141.2M
$101.3M
Q1 25
$157.1M
$16.3M
Q4 24
$139.5M
$285.4M
Q3 24
$177.1M
$80.1M
Q2 24
$202.3M
$113.5M
Free Cash Flow
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
$117.4M
Q3 25
$33.6M
Q2 25
$66.1M
Q1 25
$-30.5M
Q4 24
$148.9M
Q3 24
$45.4M
Q2 24
$74.9M
FCF Margin
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
35.7%
Q3 25
10.2%
Q2 25
18.2%
Q1 25
-9.3%
Q4 24
45.1%
Q3 24
13.1%
Q2 24
20.3%
Capex Intensity
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
38.5%
Q3 25
9.0%
Q2 25
9.7%
Q1 25
14.3%
Q4 24
41.4%
Q3 24
10.0%
Q2 24
10.4%
Cash Conversion
HPK
HPK
RLJ
RLJ
Q1 26
Q4 25
566.97×
Q3 25
Q2 25
5.39×
3.56×
Q1 25
4.32×
4.85×
Q4 24
15.53×
53.09×
Q3 24
3.55×
3.89×
Q2 24
6.81×
3.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

RLJ
RLJ

Room revenue$275.3M81%
Food and beverage revenue$39.7M12%
Other revenue$25.0M7%

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