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Side-by-side financial comparison of Host Hotels & Resorts (HST) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $969.9M, roughly 1.7× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 14.4% vs 8.4%, a 6.0% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (16.3% vs 12.3%). Virtu Financial, Inc. produced more free cash flow last quarter ($495.6M vs $445.0M). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (22.8% 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.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

HST vs VIRT — Head-to-Head

Bigger by revenue
HST
HST
1.7× larger
HST
$1.6B
$969.9M
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+4.0% gap
VIRT
16.3%
12.3%
HST
Higher net margin
VIRT
VIRT
6.0% more per $
VIRT
14.4%
8.4%
HST
More free cash flow
VIRT
VIRT
$50.6M more FCF
VIRT
$495.6M
$445.0M
HST
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
22.8%
4.4%
HST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HST
HST
VIRT
VIRT
Revenue
$1.6B
$969.9M
Net Profit
$135.0M
$139.9M
Gross Margin
Operating Margin
12.0%
35.4%
Net Margin
8.4%
14.4%
Revenue YoY
12.3%
16.3%
Net Profit YoY
25.0%
48.7%
EPS (diluted)
$0.20
$1.54

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
VIRT
VIRT
Q4 25
$1.6B
$969.9M
Q3 25
$1.3B
$824.8M
Q2 25
$1.6B
$999.6M
Q1 25
$1.6B
$837.9M
Q4 24
$1.4B
$834.3M
Q3 24
$1.3B
$706.8M
Q2 24
$1.5B
$693.0M
Q1 24
$1.5B
$642.8M
Net Profit
HST
HST
VIRT
VIRT
Q4 25
$135.0M
$139.9M
Q3 25
$161.0M
$77.6M
Q2 25
$221.0M
$151.2M
Q1 25
$248.0M
$99.7M
Q4 24
$108.0M
$94.1M
Q3 24
$82.0M
$60.0M
Q2 24
$239.0M
$66.6M
Q1 24
$268.0M
$55.8M
Operating Margin
HST
HST
VIRT
VIRT
Q4 25
12.0%
35.4%
Q3 25
7.6%
21.8%
Q2 25
17.5%
34.7%
Q1 25
17.9%
26.7%
Q4 24
11.0%
24.3%
Q3 24
10.2%
20.8%
Q2 24
19.9%
22.4%
Q1 24
19.8%
21.8%
Net Margin
HST
HST
VIRT
VIRT
Q4 25
8.4%
14.4%
Q3 25
12.1%
9.4%
Q2 25
13.9%
15.1%
Q1 25
15.6%
11.9%
Q4 24
7.6%
11.3%
Q3 24
6.2%
8.5%
Q2 24
16.3%
9.6%
Q1 24
18.2%
8.7%
EPS (diluted)
HST
HST
VIRT
VIRT
Q4 25
$0.20
$1.54
Q3 25
$0.23
$0.86
Q2 25
$0.32
$1.65
Q1 25
$0.35
$1.08
Q4 24
$0.15
$1.03
Q3 24
$0.12
$0.64
Q2 24
$0.34
$0.71
Q1 24
$0.38
$0.59

Balance Sheet & Financial Strength

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

Metric
HST
HST
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$768.0M
$1.1B
Total DebtLower is stronger
$1.3B
$2.0B
Stockholders' EquityBook value
$6.6B
$1.6B
Total Assets
$13.0B
$20.2B
Debt / EquityLower = less leverage
0.19×
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HST
HST
VIRT
VIRT
Q4 25
$768.0M
$1.1B
Q3 25
$539.0M
$707.9M
Q2 25
$490.0M
$752.1M
Q1 25
$428.0M
$723.6M
Q4 24
$554.0M
$872.5M
Q3 24
$564.0M
$701.4M
Q2 24
$805.0M
$684.8M
Q1 24
$1.3B
$399.6M
Total Debt
HST
HST
VIRT
VIRT
Q4 25
$1.3B
$2.0B
Q3 25
$2.0B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$896.0M
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.7B
Stockholders' Equity
HST
HST
VIRT
VIRT
Q4 25
$6.6B
$1.6B
Q3 25
$6.7B
$1.5B
Q2 25
$6.6B
$1.4B
Q1 25
$6.7B
$1.3B
Q4 24
$6.6B
$1.3B
Q3 24
$6.7B
$1.2B
Q2 24
$6.8B
$1.2B
Q1 24
$6.7B
$1.2B
Total Assets
HST
HST
VIRT
VIRT
Q4 25
$13.0B
$20.2B
Q3 25
$13.0B
$21.3B
Q2 25
$13.0B
$19.3B
Q1 25
$12.9B
$17.5B
Q4 24
$13.0B
$15.4B
Q3 24
$13.1B
$14.4B
Q2 24
$12.4B
$13.9B
Q1 24
$12.5B
$12.8B
Debt / Equity
HST
HST
VIRT
VIRT
Q4 25
0.19×
1.29×
Q3 25
1.40×
Q2 25
1.24×
Q1 25
1.33×
Q4 24
0.14×
1.39×
Q3 24
1.41×
Q2 24
1.41×
Q1 24
1.42×

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
VIRT
VIRT
Operating Cash FlowLast quarter
$543.0M
$518.4M
Free Cash FlowOCF − Capex
$445.0M
$495.6M
FCF MarginFCF / Revenue
27.8%
51.1%
Capex IntensityCapex / Revenue
6.1%
2.4%
Cash ConversionOCF / Net Profit
4.02×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$485.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HST
HST
VIRT
VIRT
Q4 25
$543.0M
$518.4M
Q3 25
$218.0M
$-68.7M
Q2 25
$444.0M
$62.8M
Q1 25
$305.0M
$15.0M
Q4 24
$331.0M
$599.0M
Q3 24
$349.0M
$112.1M
Q2 24
$453.0M
$490.8M
Q1 24
$365.0M
$-395.4M
Free Cash Flow
HST
HST
VIRT
VIRT
Q4 25
$445.0M
$495.6M
Q3 25
$143.0M
$-76.7M
Q2 25
$381.0M
$57.6M
Q1 25
$259.0M
$9.2M
Q4 24
$235.0M
$586.6M
Q3 24
$262.0M
$106.2M
Q2 24
$409.0M
$486.9M
Q1 24
$332.0M
$-398.2M
FCF Margin
HST
HST
VIRT
VIRT
Q4 25
27.8%
51.1%
Q3 25
10.7%
-9.3%
Q2 25
24.0%
5.8%
Q1 25
16.2%
1.1%
Q4 24
16.5%
70.3%
Q3 24
19.9%
15.0%
Q2 24
27.9%
70.3%
Q1 24
22.6%
-61.9%
Capex Intensity
HST
HST
VIRT
VIRT
Q4 25
6.1%
2.4%
Q3 25
5.6%
1.0%
Q2 25
4.0%
0.5%
Q1 25
2.9%
0.7%
Q4 24
6.7%
1.5%
Q3 24
6.6%
0.8%
Q2 24
3.0%
0.6%
Q1 24
2.2%
0.4%
Cash Conversion
HST
HST
VIRT
VIRT
Q4 25
4.02×
3.71×
Q3 25
1.35×
-0.89×
Q2 25
2.01×
0.42×
Q1 25
1.23×
0.15×
Q4 24
3.06×
6.37×
Q3 24
4.26×
1.87×
Q2 24
1.90×
7.37×
Q1 24
1.36×
-7.08×

Financial Flow Comparison

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

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