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Side-by-side financial comparison of Hilltop Holdings Inc. (HTH) and Privia Health Group, Inc. (PRVA). Click either name above to swap in a different company.

Privia Health Group, Inc. is the larger business by last-quarter revenue ($541.2M vs $300.5M, roughly 1.8× Hilltop Holdings Inc.). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs 1.7%, a 11.3% gap on every dollar of revenue. Over the past eight quarters, Privia Health Group, Inc.'s revenue compounded faster (14.2% CAGR vs 0.6%).

Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.

Privia Health Group, Inc. is a U.S.-headquartered healthcare technology and services firm supporting independent practices, health systems, and payers delivering value-based care. It offers population health tools, patient engagement platforms, care coordination support, and workflow solutions to boost patient outcomes and cut operational costs for U.S. healthcare stakeholders.

HTH vs PRVA — Head-to-Head

Bigger by revenue
PRVA
PRVA
1.8× larger
PRVA
$541.2M
$300.5M
HTH
Higher net margin
HTH
HTH
11.3% more per $
HTH
13.0%
1.7%
PRVA
Faster 2-yr revenue CAGR
PRVA
PRVA
Annualised
PRVA
14.2%
0.6%
HTH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HTH
HTH
PRVA
PRVA
Revenue
$300.5M
$541.2M
Net Profit
$39.0M
$9.2M
Gross Margin
Operating Margin
2.1%
Net Margin
13.0%
1.7%
Revenue YoY
17.4%
Net Profit YoY
-12.4%
108.0%
EPS (diluted)
$0.64
$0.08

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
HTH
HTH
PRVA
PRVA
Q1 26
$300.5M
Q4 25
$329.9M
$541.2M
Q3 25
$330.2M
$580.4M
Q2 25
$303.3M
$521.2M
Q1 25
$318.5M
$480.1M
Q4 24
$301.1M
$460.9M
Q3 24
$305.5M
$437.9M
Q2 24
$297.0M
$422.3M
Net Profit
HTH
HTH
PRVA
PRVA
Q1 26
$39.0M
Q4 25
$41.6M
$9.2M
Q3 25
$45.8M
$6.9M
Q2 25
$36.1M
$2.7M
Q1 25
$42.1M
$4.2M
Q4 24
$35.5M
$4.4M
Q3 24
$29.7M
$3.5M
Q2 24
$20.3M
$3.5M
Operating Margin
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
16.1%
2.1%
Q3 25
18.4%
2.5%
Q2 25
16.3%
0.6%
Q1 25
18.1%
1.1%
Q4 24
14.7%
1.1%
Q3 24
13.9%
1.3%
Q2 24
10.0%
1.2%
Net Margin
HTH
HTH
PRVA
PRVA
Q1 26
13.0%
Q4 25
12.6%
1.7%
Q3 25
13.9%
1.2%
Q2 25
11.9%
0.5%
Q1 25
13.2%
0.9%
Q4 24
11.8%
1.0%
Q3 24
9.7%
0.8%
Q2 24
6.8%
0.8%
EPS (diluted)
HTH
HTH
PRVA
PRVA
Q1 26
$0.64
Q4 25
$0.68
$0.08
Q3 25
$0.74
$0.05
Q2 25
$0.57
$0.02
Q1 25
$0.65
$0.03
Q4 24
$0.55
$0.03
Q3 24
$0.46
$0.03
Q2 24
$0.31
$0.03

Balance Sheet & Financial Strength

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

Metric
HTH
HTH
PRVA
PRVA
Cash + ST InvestmentsLiquidity on hand
$479.7M
Total DebtLower is stronger
$990.8M
Stockholders' EquityBook value
$2.2B
$737.2M
Total Assets
$15.7B
$1.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
$479.7M
Q3 25
$441.4M
Q2 25
$390.1M
Q1 25
$469.3M
Q4 24
$491.1M
Q3 24
$422.0M
Q2 24
$387.4M
Total Debt
HTH
HTH
PRVA
PRVA
Q1 26
$990.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HTH
HTH
PRVA
PRVA
Q1 26
$2.2B
Q4 25
$2.2B
$737.2M
Q3 25
$2.2B
$709.1M
Q2 25
$2.2B
$682.9M
Q1 25
$2.2B
$659.4M
Q4 24
$2.2B
$635.2M
Q3 24
$2.2B
$614.9M
Q2 24
$2.1B
$595.4M
Total Assets
HTH
HTH
PRVA
PRVA
Q1 26
$15.7B
Q4 25
$15.8B
$1.4B
Q3 25
$15.6B
$1.4B
Q2 25
$15.4B
$1.3B
Q1 25
$15.8B
$1.2B
Q4 24
$16.3B
$1.1B
Q3 24
$15.9B
$1.1B
Q2 24
$15.6B
$1.1B
Debt / Equity
HTH
HTH
PRVA
PRVA
Q1 26
0.46×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
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
HTH
HTH
PRVA
PRVA
Operating Cash FlowLast quarter
$127.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
$-38.7M
$127.5M
Q3 25
$273.0M
$52.0M
Q2 25
$-234.6M
$8.0M
Q1 25
$5.8M
$-24.1M
Q4 24
$273.9M
$74.8M
Q3 24
$515.6M
$33.2M
Q2 24
$-435.3M
$34.5M
Free Cash Flow
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
$-55.5M
Q3 25
$271.0M
Q2 25
$-234.6M
Q1 25
$5.0M
Q4 24
$266.8M
Q3 24
$513.8M
Q2 24
$-437.3M
FCF Margin
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
-16.8%
Q3 25
82.1%
Q2 25
-77.4%
Q1 25
1.6%
Q4 24
88.6%
Q3 24
168.2%
Q2 24
-147.2%
Capex Intensity
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
5.1%
Q3 25
0.6%
Q2 25
0.0%
Q1 25
0.3%
Q4 24
2.4%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
HTH
HTH
PRVA
PRVA
Q1 26
Q4 25
-0.93×
13.93×
Q3 25
5.96×
7.58×
Q2 25
-6.50×
2.97×
Q1 25
0.14×
-5.70×
Q4 24
7.71×
17.00×
Q3 24
17.36×
9.38×
Q2 24
-21.41×
9.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTH
HTH

Noninterest Income$188.4M63%
Net Interest Income$112.1M37%

PRVA
PRVA

FFS Patient Care$364.4M67%
Capitated Revenue$71.4M13%
Shared Savings$46.9M9%
FFS Administrative Services$36.0M7%
Care Management Fee PMPM$20.0M4%
Other Revenue$2.5M0%

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