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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Ryman Hospitality Properties, Inc. is the larger business by last-quarter revenue ($664.6M vs $419.6M, roughly 1.6× MAGIC SOFTWARE ENTERPRISES LTD). Ryman Hospitality Properties, Inc. runs the higher net margin — 10.4% vs 8.4%, a 2.0% gap on every dollar of revenue.

Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.

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...

MGIC vs RHP — Head-to-Head

Bigger by revenue
RHP
RHP
1.6× larger
RHP
$664.6M
$419.6M
MGIC
Higher net margin
RHP
RHP
2.0% more per $
RHP
10.4%
8.4%
MGIC

Income Statement — Q3 FY2023 vs Q1 FY2026

Metric
MGIC
MGIC
RHP
RHP
Revenue
$419.6M
$664.6M
Net Profit
$35.3M
$69.4M
Gross Margin
27.1%
Operating Margin
11.3%
20.7%
Net Margin
8.4%
10.4%
Revenue YoY
13.2%
Net Profit YoY
10.1%
EPS (diluted)
$1.03

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
MGIC
MGIC
RHP
RHP
Q1 26
$664.6M
Q4 25
$737.8M
Q3 25
$592.5M
Q2 25
$659.5M
Q1 25
$587.3M
Q4 24
$647.6M
Q3 24
$550.0M
Q2 24
$613.3M
Net Profit
MGIC
MGIC
RHP
RHP
Q1 26
$69.4M
Q4 25
$74.5M
Q3 25
$34.9M
Q2 25
$71.8M
Q1 25
$63.0M
Q4 24
$72.3M
Q3 24
$59.0M
Q2 24
$100.8M
Gross Margin
MGIC
MGIC
RHP
RHP
Q1 26
Q4 25
41.4%
Q3 25
40.9%
Q2 25
49.7%
Q1 25
44.4%
Q4 24
40.4%
Q3 24
43.1%
Q2 24
48.4%
Operating Margin
MGIC
MGIC
RHP
RHP
Q1 26
20.7%
Q4 25
19.4%
Q3 25
15.0%
Q2 25
21.1%
Q1 25
19.8%
Q4 24
18.6%
Q3 24
19.3%
Q2 24
27.4%
Net Margin
MGIC
MGIC
RHP
RHP
Q1 26
10.4%
Q4 25
10.1%
Q3 25
5.9%
Q2 25
10.9%
Q1 25
10.7%
Q4 24
11.2%
Q3 24
10.7%
Q2 24
16.4%
EPS (diluted)
MGIC
MGIC
RHP
RHP
Q1 26
$1.03
Q4 25
$1.12
Q3 25
$0.53
Q2 25
$1.12
Q1 25
$1.00
Q4 24
$1.12
Q3 24
$0.94
Q2 24
$1.65

Balance Sheet & Financial Strength

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

Metric
MGIC
MGIC
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$83.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$276.3M
$770.8M
Total Assets
$505.1M
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGIC
MGIC
RHP
RHP
Q1 26
Q4 25
$471.4M
Q3 25
$483.3M
Q2 25
$420.6M
Q1 25
$413.9M
Q4 24
$477.7M
Q3 24
$534.9M
Q2 24
$498.4M
Stockholders' Equity
MGIC
MGIC
RHP
RHP
Q1 26
$770.8M
Q4 25
$750.2M
Q3 25
$758.5M
Q2 25
$800.4M
Q1 25
$531.5M
Q4 24
$549.0M
Q3 24
$551.9M
Q2 24
$562.6M
Total Assets
MGIC
MGIC
RHP
RHP
Q1 26
$6.2B
Q4 25
$6.2B
Q3 25
$6.2B
Q2 25
$6.1B
Q1 25
$5.2B
Q4 24
$5.2B
Q3 24
$5.2B
Q2 24
$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
MGIC
MGIC
RHP
RHP
Operating Cash FlowLast quarter
$40.3M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGIC
MGIC
RHP
RHP
Q1 26
Q4 25
$164.7M
Q3 25
$205.2M
Q2 25
$122.5M
Q1 25
$98.2M
Q4 24
$166.6M
Q3 24
$218.1M
Q2 24
$184.3M
Free Cash Flow
MGIC
MGIC
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
MGIC
MGIC
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
MGIC
MGIC
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
MGIC
MGIC
RHP
RHP
Q1 26
Q4 25
2.21×
Q3 25
5.88×
Q2 25
1.71×
Q1 25
1.56×
Q4 24
2.30×
Q3 24
3.70×
Q2 24
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MGIC
MGIC

Segment breakdown not available.

RHP
RHP

Food and beverage$289.3M44%
Rooms$223.8M34%
Entertainment$79.2M12%
Other$72.3M11%

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