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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $165.3M, roughly 2.0× INDEPENDENCE REALTY TRUST, INC.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -76.3%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -4.6%).
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
IRT vs WH — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $334.0M |
| Net Profit | — | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | — | -18.0% |
| Revenue YoY | 2.5% | -76.3% |
| Net Profit YoY | — | -170.6% |
| EPS (diluted) | $0.00 | $-0.80 |
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.
| Q1 26 | $165.3M | $334.0M | ||
| Q4 25 | $167.1M | $334.0M | ||
| Q3 25 | $167.1M | $382.0M | ||
| Q2 25 | $162.2M | $397.0M | ||
| Q1 25 | $161.2M | $316.0M | ||
| Q4 24 | $161.0M | $336.0M | ||
| Q3 24 | $160.1M | $396.0M | ||
| Q2 24 | $158.4M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $33.3M | $-60.0M | ||
| Q3 25 | $6.9M | $105.0M | ||
| Q2 25 | $8.0M | $87.0M | ||
| Q1 25 | $8.4M | $61.0M | ||
| Q4 24 | $-1.0M | $85.0M | ||
| Q3 24 | $12.4M | $102.0M | ||
| Q2 24 | $10.4M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -11.4% | ||
| Q3 25 | — | 46.6% | ||
| Q2 25 | — | 37.8% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 43.2% | ||
| Q2 24 | — | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 19.9% | -18.0% | ||
| Q3 25 | 4.1% | 27.5% | ||
| Q2 25 | 5.0% | 21.9% | ||
| Q1 25 | 5.2% | 19.3% | ||
| Q4 24 | -0.6% | 25.3% | ||
| Q3 24 | 7.7% | 25.8% | ||
| Q2 24 | 6.5% | 23.4% |
| Q1 26 | $0.00 | $-0.80 | ||
| Q4 25 | $0.14 | $-0.77 | ||
| Q3 25 | $0.03 | $1.36 | ||
| Q2 25 | $0.03 | $1.13 | ||
| Q1 25 | $0.04 | $0.78 | ||
| Q4 24 | $-0.01 | $1.06 | ||
| Q3 24 | $0.05 | $1.29 | ||
| Q2 24 | $0.05 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $468.0M |
| Total Assets | $6.1B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | $64.0M | ||
| Q4 25 | $23.6M | $64.0M | ||
| Q3 25 | $23.3M | $70.0M | ||
| Q2 25 | $19.5M | $50.0M | ||
| Q1 25 | $29.1M | $48.0M | ||
| Q4 24 | $21.2M | $103.0M | ||
| Q3 24 | $17.6M | $72.0M | ||
| Q2 24 | $21.0M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $2.5B | ||
| Q3 25 | $2.3B | $2.6B | ||
| Q2 25 | $2.2B | $2.5B | ||
| Q1 25 | $2.3B | $2.5B | ||
| Q4 24 | $2.3B | $2.4B | ||
| Q3 24 | $2.3B | $2.4B | ||
| Q2 24 | $2.3B | $2.4B |
| Q1 26 | $3.4B | $468.0M | ||
| Q4 25 | $3.5B | $468.0M | ||
| Q3 25 | $3.5B | $583.0M | ||
| Q2 25 | $3.4B | $570.0M | ||
| Q1 25 | $3.5B | $579.0M | ||
| Q4 24 | $3.4B | $650.0M | ||
| Q3 24 | $3.4B | $583.0M | ||
| Q2 24 | $3.4B | $623.0M |
| Q1 26 | $6.1B | $4.2B | ||
| Q4 25 | $6.0B | $4.2B | ||
| Q3 25 | $6.1B | $4.3B | ||
| Q2 25 | $6.0B | $4.3B | ||
| Q1 25 | $6.0B | $4.2B | ||
| Q4 24 | $6.1B | $4.2B | ||
| Q3 24 | $5.9B | $4.2B | ||
| Q2 24 | $5.9B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | 5.37× | ||
| Q3 25 | 0.66× | 4.43× | ||
| Q2 25 | 0.66× | 4.44× | ||
| Q1 25 | 0.65× | 4.29× | ||
| Q4 24 | 0.68× | 3.72× | ||
| Q3 24 | 0.68× | 4.19× | ||
| Q2 24 | 0.66× | 3.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $367.0M |
| Free Cash FlowOCF − Capex | — | $168.0M |
| FCF MarginFCF / Revenue | — | 50.3% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $282.1M | $152.0M | ||
| Q3 25 | $79.3M | $86.0M | ||
| Q2 25 | $82.2M | $70.0M | ||
| Q1 25 | $60.4M | $59.0M | ||
| Q4 24 | $259.8M | $134.0M | ||
| Q3 24 | $69.2M | $79.0M | ||
| Q2 24 | $83.0M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | — | $136.0M | ||
| Q3 25 | — | $75.0M | ||
| Q2 25 | — | $58.0M | ||
| Q1 25 | — | $52.0M | ||
| Q4 24 | — | $109.0M | ||
| Q3 24 | — | $71.0M | ||
| Q2 24 | — | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 14.6% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 32.4% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | — | ||
| Q3 25 | 11.51× | 0.82× | ||
| Q2 25 | 10.22× | 0.80× | ||
| Q1 25 | 7.23× | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | 5.60× | 0.77× | ||
| Q2 24 | 8.02× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
