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Side-by-side financial comparison of Incyte (INCY) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Incyte is the larger business by last-quarter revenue ($1.3B vs $737.8M, roughly 1.7× Ryman Hospitality Properties, Inc.). Incyte runs the higher net margin — 23.8% vs 10.1%, a 13.7% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (19.8% vs 13.9%). Over the past eight quarters, Ryman Hospitality Properties, Inc.'s revenue compounded faster (18.2% CAGR vs 10.4%).

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.

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

INCY vs RHP — Head-to-Head

Bigger by revenue
INCY
INCY
1.7× larger
INCY
$1.3B
$737.8M
RHP
Growing faster (revenue YoY)
INCY
INCY
+5.8% gap
INCY
19.8%
13.9%
RHP
Higher net margin
INCY
INCY
13.7% more per $
INCY
23.8%
10.1%
RHP
Faster 2-yr revenue CAGR
RHP
RHP
Annualised
RHP
18.2%
10.4%
INCY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
INCY
INCY
RHP
RHP
Revenue
$1.3B
$737.8M
Net Profit
$303.3M
$74.5M
Gross Margin
41.4%
Operating Margin
23.7%
19.4%
Net Margin
23.8%
10.1%
Revenue YoY
19.8%
13.9%
Net Profit YoY
91.7%
3.0%
EPS (diluted)
$1.47
$1.12

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
INCY
INCY
RHP
RHP
Q1 26
$1.3B
Q4 25
$1.5B
$737.8M
Q3 25
$1.4B
$592.5M
Q2 25
$1.2B
$659.5M
Q1 25
$1.1B
$587.3M
Q4 24
$1.2B
$647.6M
Q3 24
$1.1B
$550.0M
Q2 24
$1.0B
$613.3M
Net Profit
INCY
INCY
RHP
RHP
Q1 26
$303.3M
Q4 25
$299.3M
$74.5M
Q3 25
$424.2M
$34.9M
Q2 25
$405.0M
$71.8M
Q1 25
$158.2M
$63.0M
Q4 24
$201.2M
$72.3M
Q3 24
$106.5M
$59.0M
Q2 24
$-444.6M
$100.8M
Gross Margin
INCY
INCY
RHP
RHP
Q1 26
Q4 25
92.0%
41.4%
Q3 25
92.8%
40.9%
Q2 25
93.5%
49.7%
Q1 25
93.0%
44.4%
Q4 24
92.5%
40.4%
Q3 24
92.4%
43.1%
Q2 24
92.7%
48.4%
Operating Margin
INCY
INCY
RHP
RHP
Q1 26
23.7%
Q4 25
22.3%
19.4%
Q3 25
32.5%
15.0%
Q2 25
43.6%
21.1%
Q1 25
19.5%
19.8%
Q4 24
25.6%
18.6%
Q3 24
12.8%
19.3%
Q2 24
-45.8%
27.4%
Net Margin
INCY
INCY
RHP
RHP
Q1 26
23.8%
Q4 25
19.9%
10.1%
Q3 25
31.1%
5.9%
Q2 25
33.3%
10.9%
Q1 25
15.0%
10.7%
Q4 24
17.1%
11.2%
Q3 24
9.4%
10.7%
Q2 24
-42.6%
16.4%
EPS (diluted)
INCY
INCY
RHP
RHP
Q1 26
$1.47
Q4 25
$1.46
$1.12
Q3 25
$2.11
$0.53
Q2 25
$2.04
$1.12
Q1 25
$0.80
$1.00
Q4 24
$0.90
$1.12
Q3 24
$0.54
$0.94
Q2 24
$-2.04
$1.65

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$471.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.6B
$750.2M
Total Assets
$7.3B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
RHP
RHP
Q1 26
Q4 25
$3.1B
$471.4M
Q3 25
$2.5B
$483.3M
Q2 25
$2.0B
$420.6M
Q1 25
$1.9B
$413.9M
Q4 24
$1.7B
$477.7M
Q3 24
$1.3B
$534.9M
Q2 24
$987.3M
$498.4M
Stockholders' Equity
INCY
INCY
RHP
RHP
Q1 26
$5.6B
Q4 25
$5.2B
$750.2M
Q3 25
$4.7B
$758.5M
Q2 25
$4.2B
$800.4M
Q1 25
$3.7B
$531.5M
Q4 24
$3.4B
$549.0M
Q3 24
$3.2B
$551.9M
Q2 24
$3.0B
$562.6M
Total Assets
INCY
INCY
RHP
RHP
Q1 26
$7.3B
Q4 25
$7.0B
$6.2B
Q3 25
$6.3B
$6.2B
Q2 25
$5.8B
$6.1B
Q1 25
$5.7B
$5.2B
Q4 24
$5.4B
$5.2B
Q3 24
$5.0B
$5.2B
Q2 24
$4.7B
$5.1B

Cash Flow & Capital Efficiency

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

Metric
INCY
INCY
RHP
RHP
Operating Cash FlowLast quarter
$164.7M
Free Cash FlowOCF − Capex
$58.5M
FCF MarginFCF / Revenue
7.9%
Capex IntensityCapex / Revenue
14.4%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$232.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INCY
INCY
RHP
RHP
Q1 26
Q4 25
$543.3M
$164.7M
Q3 25
$559.4M
$205.2M
Q2 25
$44.7M
$122.5M
Q1 25
$266.1M
$98.2M
Q4 24
$381.2M
$166.6M
Q3 24
$310.9M
$218.1M
Q2 24
$-575.6M
$184.3M
Free Cash Flow
INCY
INCY
RHP
RHP
Q1 26
Q4 25
$58.5M
Q3 25
$135.4M
Q2 25
$53.0M
Q1 25
$-14.5M
Q4 24
$76.0M
Q3 24
$85.7M
Q2 24
$78.8M
FCF Margin
INCY
INCY
RHP
RHP
Q1 26
Q4 25
7.9%
Q3 25
22.9%
Q2 25
8.0%
Q1 25
-2.5%
Q4 24
11.7%
Q3 24
15.6%
Q2 24
12.9%
Capex Intensity
INCY
INCY
RHP
RHP
Q1 26
Q4 25
14.4%
Q3 25
11.8%
Q2 25
10.5%
Q1 25
19.2%
Q4 24
14.0%
Q3 24
24.1%
Q2 24
17.2%
Cash Conversion
INCY
INCY
RHP
RHP
Q1 26
Q4 25
1.82×
2.21×
Q3 25
1.32×
5.88×
Q2 25
0.11×
1.71×
Q1 25
1.68×
1.56×
Q4 24
1.89×
2.30×
Q3 24
2.92×
3.70×
Q2 24
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INCY
INCY

Segment breakdown not available.

RHP
RHP

Hotel Other$157.7M21%
Gaylord Opryland$147.4M20%
Hotel Transient Rooms$93.6M13%
Hotel Food And Beverage Outlets$92.2M12%
Gaylord Palms$88.2M12%
Jw Marriott Hill Country$53.7M7%
Entertainment Admissions And Ticketing$43.1M6%
Entertainment Food And Beverage$38.1M5%
Entertainment Retail And Other$28.3M4%
Ac Hotel$2.4M0%

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