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Side-by-side financial comparison of Host Hotels & Resorts (HST) and Incyte (INCY). Click either name above to swap in a different company.

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.3× Incyte). Incyte runs the higher net margin — 23.8% vs 8.4%, a 15.4% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (19.8% vs 12.3%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 4.4%).

Host Hotels & Resorts, Inc., based in Bethesda, Maryland, is an American real estate investment trust that invests in hotels. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

Incyte Corporation is an American multinational pharmaceutical company with headquarters in Wilmington, Delaware. The company currently operates manufacturing and R&D locations in North America, Europe, and Asia.

HST vs INCY — Head-to-Head

Bigger by revenue
HST
HST
1.3× larger
HST
$1.6B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+7.5% gap
INCY
19.8%
12.3%
HST
Higher net margin
INCY
INCY
15.4% more per $
INCY
23.8%
8.4%
HST
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
4.4%
HST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HST
HST
INCY
INCY
Revenue
$1.6B
$1.3B
Net Profit
$135.0M
$303.3M
Gross Margin
Operating Margin
12.0%
23.7%
Net Margin
8.4%
23.8%
Revenue YoY
12.3%
19.8%
Net Profit YoY
25.0%
91.7%
EPS (diluted)
$0.20
$1.47

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
HST
HST
INCY
INCY
Q1 26
$1.3B
Q4 25
$1.6B
$1.5B
Q3 25
$1.3B
$1.4B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
$1.1B
Q4 24
$1.4B
$1.2B
Q3 24
$1.3B
$1.1B
Q2 24
$1.5B
$1.0B
Net Profit
HST
HST
INCY
INCY
Q1 26
$303.3M
Q4 25
$135.0M
$299.3M
Q3 25
$161.0M
$424.2M
Q2 25
$221.0M
$405.0M
Q1 25
$248.0M
$158.2M
Q4 24
$108.0M
$201.2M
Q3 24
$82.0M
$106.5M
Q2 24
$239.0M
$-444.6M
Gross Margin
HST
HST
INCY
INCY
Q1 26
Q4 25
92.0%
Q3 25
92.8%
Q2 25
93.5%
Q1 25
93.0%
Q4 24
92.5%
Q3 24
92.4%
Q2 24
92.7%
Operating Margin
HST
HST
INCY
INCY
Q1 26
23.7%
Q4 25
12.0%
22.3%
Q3 25
7.6%
32.5%
Q2 25
17.5%
43.6%
Q1 25
17.9%
19.5%
Q4 24
11.0%
25.6%
Q3 24
10.2%
12.8%
Q2 24
19.9%
-45.8%
Net Margin
HST
HST
INCY
INCY
Q1 26
23.8%
Q4 25
8.4%
19.9%
Q3 25
12.1%
31.1%
Q2 25
13.9%
33.3%
Q1 25
15.6%
15.0%
Q4 24
7.6%
17.1%
Q3 24
6.2%
9.4%
Q2 24
16.3%
-42.6%
EPS (diluted)
HST
HST
INCY
INCY
Q1 26
$1.47
Q4 25
$0.20
$1.46
Q3 25
$0.23
$2.11
Q2 25
$0.32
$2.04
Q1 25
$0.35
$0.80
Q4 24
$0.15
$0.90
Q3 24
$0.12
$0.54
Q2 24
$0.34
$-2.04

Balance Sheet & Financial Strength

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

Metric
HST
HST
INCY
INCY
Cash + ST InvestmentsLiquidity on hand
$768.0M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$6.6B
$5.6B
Total Assets
$13.0B
$7.3B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HST
HST
INCY
INCY
Q1 26
Q4 25
$768.0M
$3.1B
Q3 25
$539.0M
$2.5B
Q2 25
$490.0M
$2.0B
Q1 25
$428.0M
$1.9B
Q4 24
$554.0M
$1.7B
Q3 24
$564.0M
$1.3B
Q2 24
$805.0M
$987.3M
Total Debt
HST
HST
INCY
INCY
Q1 26
Q4 25
$1.3B
Q3 25
Q2 25
Q1 25
Q4 24
$896.0M
Q3 24
Q2 24
Stockholders' Equity
HST
HST
INCY
INCY
Q1 26
$5.6B
Q4 25
$6.6B
$5.2B
Q3 25
$6.7B
$4.7B
Q2 25
$6.6B
$4.2B
Q1 25
$6.7B
$3.7B
Q4 24
$6.6B
$3.4B
Q3 24
$6.7B
$3.2B
Q2 24
$6.8B
$3.0B
Total Assets
HST
HST
INCY
INCY
Q1 26
$7.3B
Q4 25
$13.0B
$7.0B
Q3 25
$13.0B
$6.3B
Q2 25
$13.0B
$5.8B
Q1 25
$12.9B
$5.7B
Q4 24
$13.0B
$5.4B
Q3 24
$13.1B
$5.0B
Q2 24
$12.4B
$4.7B
Debt / Equity
HST
HST
INCY
INCY
Q1 26
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HST
HST
INCY
INCY
Operating Cash FlowLast quarter
$543.0M
Free Cash FlowOCF − Capex
$445.0M
FCF MarginFCF / Revenue
27.8%
Capex IntensityCapex / Revenue
6.1%
Cash ConversionOCF / Net Profit
4.02×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HST
HST
INCY
INCY
Q1 26
Q4 25
$543.0M
$543.3M
Q3 25
$218.0M
$559.4M
Q2 25
$444.0M
$44.7M
Q1 25
$305.0M
$266.1M
Q4 24
$331.0M
$381.2M
Q3 24
$349.0M
$310.9M
Q2 24
$453.0M
$-575.6M
Free Cash Flow
HST
HST
INCY
INCY
Q1 26
Q4 25
$445.0M
Q3 25
$143.0M
Q2 25
$381.0M
Q1 25
$259.0M
Q4 24
$235.0M
Q3 24
$262.0M
Q2 24
$409.0M
FCF Margin
HST
HST
INCY
INCY
Q1 26
Q4 25
27.8%
Q3 25
10.7%
Q2 25
24.0%
Q1 25
16.2%
Q4 24
16.5%
Q3 24
19.9%
Q2 24
27.9%
Capex Intensity
HST
HST
INCY
INCY
Q1 26
Q4 25
6.1%
Q3 25
5.6%
Q2 25
4.0%
Q1 25
2.9%
Q4 24
6.7%
Q3 24
6.6%
Q2 24
3.0%
Cash Conversion
HST
HST
INCY
INCY
Q1 26
Q4 25
4.02×
1.82×
Q3 25
1.35×
1.32×
Q2 25
2.01×
0.11×
Q1 25
1.23×
1.68×
Q4 24
3.06×
1.89×
Q3 24
4.26×
2.92×
Q2 24
1.90×

Financial Flow Comparison

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

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