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

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× NCR Atleos Corp). Host Hotels & Resorts runs the higher net margin — 30.5% vs 7.2%, a 23.3% gap on every dollar of revenue. On growth, Host Hotels & Resorts posted the faster year-over-year revenue change (11.6% vs 4.0%). Over the past eight quarters, Host Hotels & Resorts's revenue compounded faster (5.9% CAGR vs 4.9%).

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.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

HST vs NATL — Head-to-Head

Bigger by revenue
HST
HST
1.4× larger
HST
$1.6B
$1.2B
NATL
Growing faster (revenue YoY)
HST
HST
+7.6% gap
HST
11.6%
4.0%
NATL
Higher net margin
HST
HST
23.3% more per $
HST
30.5%
7.2%
NATL
Faster 2-yr revenue CAGR
HST
HST
Annualised
HST
5.9%
4.9%
NATL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HST
HST
NATL
NATL
Revenue
$1.6B
$1.2B
Net Profit
$501.0M
$83.0M
Gross Margin
98.7%
Operating Margin
19.4%
13.5%
Net Margin
30.5%
7.2%
Revenue YoY
11.6%
4.0%
Net Profit YoY
99.2%
102.4%
EPS (diluted)
$0.72
$1.09

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
NATL
NATL
Q1 26
$1.6B
Q4 25
$1.6B
$1.2B
Q3 25
$1.3B
$1.1B
Q2 25
$1.6B
$1.1B
Q1 25
$1.6B
$979.0M
Q4 24
$1.4B
$1.1B
Q3 24
$1.3B
$1.1B
Q2 24
$1.5B
$1.1B
Net Profit
HST
HST
NATL
NATL
Q1 26
$501.0M
Q4 25
$135.0M
$83.0M
Q3 25
$161.0M
$26.0M
Q2 25
$221.0M
$39.0M
Q1 25
$248.0M
$14.0M
Q4 24
$108.0M
$41.0M
Q3 24
$82.0M
$21.0M
Q2 24
$239.0M
$27.0M
Gross Margin
HST
HST
NATL
NATL
Q1 26
98.7%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
HST
HST
NATL
NATL
Q1 26
19.4%
Q4 25
12.0%
13.5%
Q3 25
7.6%
9.8%
Q2 25
17.5%
10.8%
Q1 25
17.9%
9.5%
Q4 24
11.0%
13.4%
Q3 24
10.2%
10.6%
Q2 24
19.9%
9.8%
Net Margin
HST
HST
NATL
NATL
Q1 26
30.5%
Q4 25
8.4%
7.2%
Q3 25
12.1%
2.3%
Q2 25
13.9%
3.5%
Q1 25
15.6%
1.4%
Q4 24
7.6%
3.7%
Q3 24
6.2%
2.0%
Q2 24
16.3%
2.5%
EPS (diluted)
HST
HST
NATL
NATL
Q1 26
$0.72
Q4 25
$0.20
$1.09
Q3 25
$0.23
$0.34
Q2 25
$0.32
$0.52
Q1 25
$0.35
$0.19
Q4 24
$0.15
$0.56
Q3 24
$0.12
$0.28
Q2 24
$0.34
$0.37

Balance Sheet & Financial Strength

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

Metric
HST
HST
NATL
NATL
Cash + ST InvestmentsLiquidity on hand
$1.7B
$456.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$6.8B
$403.0M
Total Assets
$13.2B
$5.7B
Debt / EquityLower = less leverage
6.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HST
HST
NATL
NATL
Q1 26
$1.7B
Q4 25
$768.0M
$456.0M
Q3 25
$539.0M
$412.0M
Q2 25
$490.0M
$357.0M
Q1 25
$428.0M
$352.0M
Q4 24
$554.0M
$419.0M
Q3 24
$564.0M
$395.0M
Q2 24
$805.0M
$374.0M
Total Debt
HST
HST
NATL
NATL
Q1 26
Q4 25
$1.3B
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
Q4 24
$896.0M
$2.9B
Q3 24
Q2 24
Stockholders' Equity
HST
HST
NATL
NATL
Q1 26
$6.8B
Q4 25
$6.6B
$403.0M
Q3 25
$6.7B
$330.0M
Q2 25
$6.6B
$350.0M
Q1 25
$6.7B
$275.0M
Q4 24
$6.6B
$219.0M
Q3 24
$6.7B
$264.0M
Q2 24
$6.8B
$250.0M
Total Assets
HST
HST
NATL
NATL
Q1 26
$13.2B
Q4 25
$13.0B
$5.7B
Q3 25
$13.0B
$5.7B
Q2 25
$13.0B
$5.8B
Q1 25
$12.9B
$5.7B
Q4 24
$13.0B
$5.5B
Q3 24
$13.1B
$5.7B
Q2 24
$12.4B
$5.8B
Debt / Equity
HST
HST
NATL
NATL
Q1 26
Q4 25
0.19×
6.63×
Q3 25
8.45×
Q2 25
8.05×
Q1 25
Q4 24
0.14×
13.05×
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
NATL
NATL
Operating Cash FlowLast quarter
$231.0M
Free Cash FlowOCF − Capex
$194.0M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
7.4%
3.2%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HST
HST
NATL
NATL
Q1 26
Q4 25
$543.0M
$231.0M
Q3 25
$218.0M
$25.0M
Q2 25
$444.0M
$-23.0M
Q1 25
$305.0M
$123.0M
Q4 24
$331.0M
$80.0M
Q3 24
$349.0M
$107.0M
Q2 24
$453.0M
$9.0M
Free Cash Flow
HST
HST
NATL
NATL
Q1 26
Q4 25
$445.0M
$194.0M
Q3 25
$143.0M
$-5.0M
Q2 25
$381.0M
$-44.0M
Q1 25
$259.0M
$94.0M
Q4 24
$235.0M
$62.0M
Q3 24
$262.0M
$85.0M
Q2 24
$409.0M
$-14.0M
FCF Margin
HST
HST
NATL
NATL
Q1 26
Q4 25
27.8%
16.8%
Q3 25
10.7%
-0.4%
Q2 25
24.0%
-4.0%
Q1 25
16.2%
9.6%
Q4 24
16.5%
5.6%
Q3 24
19.9%
7.9%
Q2 24
27.9%
-1.3%
Capex Intensity
HST
HST
NATL
NATL
Q1 26
7.4%
Q4 25
6.1%
3.2%
Q3 25
5.6%
2.7%
Q2 25
4.0%
1.9%
Q1 25
2.9%
3.0%
Q4 24
6.7%
1.6%
Q3 24
6.6%
2.1%
Q2 24
3.0%
2.1%
Cash Conversion
HST
HST
NATL
NATL
Q1 26
Q4 25
4.02×
2.78×
Q3 25
1.35×
0.96×
Q2 25
2.01×
-0.59×
Q1 25
1.23×
8.79×
Q4 24
3.06×
1.95×
Q3 24
4.26×
5.10×
Q2 24
1.90×
0.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HST
HST

Room$943.0M57%
Food and beverage$517.0M31%
Other$159.0M10%
Condominium sales$26.0M2%

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

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