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Side-by-side financial comparison of Host Hotels & Resorts (HST) and TRINET GROUP, INC. (TNET). 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 1.3× TRINET GROUP, INC.). On growth, Host Hotels & Resorts posted the faster year-over-year revenue change (12.3% vs -2.2%). Host Hotels & Resorts produced more free cash flow last quarter ($445.0M vs $43.0M). Over the past eight quarters, Host Hotels & Resorts's revenue compounded faster (4.4% CAGR vs -0.6%).

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.

TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.

HST vs TNET — Head-to-Head

Bigger by revenue
HST
HST
1.3× larger
HST
$1.6B
$1.2B
TNET
Growing faster (revenue YoY)
HST
HST
+14.4% gap
HST
12.3%
-2.2%
TNET
More free cash flow
HST
HST
$402.0M more FCF
HST
$445.0M
$43.0M
TNET
Faster 2-yr revenue CAGR
HST
HST
Annualised
HST
4.4%
-0.6%
TNET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HST
HST
TNET
TNET
Revenue
$1.6B
$1.2B
Net Profit
$135.0M
Gross Margin
Operating Margin
12.0%
0.1%
Net Margin
8.4%
Revenue YoY
12.3%
-2.2%
Net Profit YoY
25.0%
EPS (diluted)
$0.20
$0.02

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
TNET
TNET
Q4 25
$1.6B
$1.2B
Q3 25
$1.3B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
$1.3B
Q4 24
$1.4B
$1.3B
Q3 24
$1.3B
$1.2B
Q2 24
$1.5B
$1.2B
Q1 24
$1.5B
$1.3B
Net Profit
HST
HST
TNET
TNET
Q4 25
$135.0M
Q3 25
$161.0M
$34.0M
Q2 25
$221.0M
$37.0M
Q1 25
$248.0M
$85.0M
Q4 24
$108.0M
Q3 24
$82.0M
$45.0M
Q2 24
$239.0M
$60.0M
Q1 24
$268.0M
$91.0M
Operating Margin
HST
HST
TNET
TNET
Q4 25
12.0%
0.1%
Q3 25
7.6%
4.1%
Q2 25
17.5%
4.1%
Q1 25
17.9%
8.9%
Q4 24
11.0%
-2.9%
Q3 24
10.2%
4.7%
Q2 24
19.9%
6.5%
Q1 24
19.8%
9.7%
Net Margin
HST
HST
TNET
TNET
Q4 25
8.4%
Q3 25
12.1%
2.8%
Q2 25
13.9%
3.0%
Q1 25
15.6%
6.6%
Q4 24
7.6%
Q3 24
6.2%
3.6%
Q2 24
16.3%
4.9%
Q1 24
18.2%
7.2%
EPS (diluted)
HST
HST
TNET
TNET
Q4 25
$0.20
$0.02
Q3 25
$0.23
$0.70
Q2 25
$0.32
$0.77
Q1 25
$0.35
$1.71
Q4 24
$0.15
$-0.44
Q3 24
$0.12
$0.89
Q2 24
$0.34
$1.20
Q1 24
$0.38
$1.78

Balance Sheet & Financial Strength

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

Metric
HST
HST
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$768.0M
$287.0M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$6.6B
$54.0M
Total Assets
$13.0B
$3.8B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HST
HST
TNET
TNET
Q4 25
$768.0M
$287.0M
Q3 25
$539.0M
$321.0M
Q2 25
$490.0M
$407.0M
Q1 25
$428.0M
$349.0M
Q4 24
$554.0M
$360.0M
Q3 24
$564.0M
$301.0M
Q2 24
$805.0M
$249.0M
Q1 24
$1.3B
$383.0M
Total Debt
HST
HST
TNET
TNET
Q4 25
$1.3B
Q3 25
Q2 25
Q1 25
Q4 24
$896.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HST
HST
TNET
TNET
Q4 25
$6.6B
$54.0M
Q3 25
$6.7B
$110.0M
Q2 25
$6.6B
$107.0M
Q1 25
$6.7B
$63.0M
Q4 24
$6.6B
$69.0M
Q3 24
$6.7B
$129.0M
Q2 24
$6.8B
$100.0M
Q1 24
$6.7B
$143.0M
Total Assets
HST
HST
TNET
TNET
Q4 25
$13.0B
$3.8B
Q3 25
$13.0B
$3.4B
Q2 25
$13.0B
$3.7B
Q1 25
$12.9B
$3.8B
Q4 24
$13.0B
$4.1B
Q3 24
$13.1B
$3.7B
Q2 24
$12.4B
$3.7B
Q1 24
$12.5B
$4.0B
Debt / Equity
HST
HST
TNET
TNET
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
Q2 24
Q1 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
TNET
TNET
Operating Cash FlowLast quarter
$543.0M
$61.0M
Free Cash FlowOCF − Capex
$445.0M
$43.0M
FCF MarginFCF / Revenue
27.8%
3.4%
Capex IntensityCapex / Revenue
6.1%
1.4%
Cash ConversionOCF / Net Profit
4.02×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HST
HST
TNET
TNET
Q4 25
$543.0M
$61.0M
Q3 25
$218.0M
$72.0M
Q2 25
$444.0M
$75.0M
Q1 25
$305.0M
$95.0M
Q4 24
$331.0M
$65.0M
Q3 24
$349.0M
$84.0M
Q2 24
$453.0M
$39.0M
Q1 24
$365.0M
$91.0M
Free Cash Flow
HST
HST
TNET
TNET
Q4 25
$445.0M
$43.0M
Q3 25
$143.0M
$55.0M
Q2 25
$381.0M
$57.0M
Q1 25
$259.0M
$79.0M
Q4 24
$235.0M
$47.0M
Q3 24
$262.0M
$59.0M
Q2 24
$409.0M
$22.0M
Q1 24
$332.0M
$73.0M
FCF Margin
HST
HST
TNET
TNET
Q4 25
27.8%
3.4%
Q3 25
10.7%
4.5%
Q2 25
24.0%
4.6%
Q1 25
16.2%
6.1%
Q4 24
16.5%
3.7%
Q3 24
19.9%
4.8%
Q2 24
27.9%
1.8%
Q1 24
22.6%
5.8%
Capex Intensity
HST
HST
TNET
TNET
Q4 25
6.1%
1.4%
Q3 25
5.6%
1.4%
Q2 25
4.0%
1.5%
Q1 25
2.9%
1.2%
Q4 24
6.7%
1.4%
Q3 24
6.6%
2.0%
Q2 24
3.0%
1.4%
Q1 24
2.2%
1.4%
Cash Conversion
HST
HST
TNET
TNET
Q4 25
4.02×
Q3 25
1.35×
2.12×
Q2 25
2.01×
2.03×
Q1 25
1.23×
1.12×
Q4 24
3.06×
Q3 24
4.26×
1.87×
Q2 24
1.90×
0.65×
Q1 24
1.36×
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HST
HST

Segment breakdown not available.

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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