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Side-by-side financial comparison of PTC Inc. (PTC) 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 ($737.8M vs $685.8M, roughly 1.1× PTC Inc.). PTC Inc. runs the higher net margin — 24.3% vs 10.1%, a 14.2% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs 13.9%). PTC Inc. produced more free cash flow last quarter ($267.4M vs $58.5M). Over the past eight quarters, Ryman Hospitality Properties, Inc.'s revenue compounded faster (18.2% CAGR vs 6.6%).

PTC Inc. is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

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...

PTC vs RHP — Head-to-Head

Bigger by revenue
RHP
RHP
1.1× larger
RHP
$737.8M
$685.8M
PTC
Growing faster (revenue YoY)
PTC
PTC
+7.4% gap
PTC
21.4%
13.9%
RHP
Higher net margin
PTC
PTC
14.2% more per $
PTC
24.3%
10.1%
RHP
More free cash flow
PTC
PTC
$208.9M more FCF
PTC
$267.4M
$58.5M
RHP
Faster 2-yr revenue CAGR
RHP
RHP
Annualised
RHP
18.2%
6.6%
PTC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PTC
PTC
RHP
RHP
Revenue
$685.8M
$737.8M
Net Profit
$166.5M
$74.5M
Gross Margin
82.8%
41.4%
Operating Margin
32.2%
19.4%
Net Margin
24.3%
10.1%
Revenue YoY
21.4%
13.9%
Net Profit YoY
102.5%
3.0%
EPS (diluted)
$1.39
$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
PTC
PTC
RHP
RHP
Q4 25
$685.8M
$737.8M
Q3 25
$893.8M
$592.5M
Q2 25
$643.9M
$659.5M
Q1 25
$636.4M
$587.3M
Q4 24
$565.1M
$647.6M
Q3 24
$626.5M
$550.0M
Q2 24
$518.6M
$613.3M
Q1 24
$603.1M
$528.3M
Net Profit
PTC
PTC
RHP
RHP
Q4 25
$166.5M
$74.5M
Q3 25
$347.8M
$34.9M
Q2 25
$141.3M
$71.8M
Q1 25
$162.6M
$63.0M
Q4 24
$82.2M
$72.3M
Q3 24
$126.5M
$59.0M
Q2 24
$69.0M
$100.8M
Q1 24
$114.4M
$42.8M
Gross Margin
PTC
PTC
RHP
RHP
Q4 25
82.8%
41.4%
Q3 25
86.9%
40.9%
Q2 25
82.9%
49.7%
Q1 25
83.3%
44.4%
Q4 24
80.2%
40.4%
Q3 24
82.0%
43.1%
Q2 24
78.4%
48.4%
Q1 24
81.8%
41.5%
Operating Margin
PTC
PTC
RHP
RHP
Q4 25
32.2%
19.4%
Q3 25
48.5%
15.0%
Q2 25
32.6%
21.1%
Q1 25
35.1%
19.8%
Q4 24
20.4%
18.6%
Q3 24
31.0%
19.3%
Q2 24
18.5%
27.4%
Q1 24
29.8%
18.2%
Net Margin
PTC
PTC
RHP
RHP
Q4 25
24.3%
10.1%
Q3 25
38.9%
5.9%
Q2 25
21.9%
10.9%
Q1 25
25.6%
10.7%
Q4 24
14.6%
11.2%
Q3 24
20.2%
10.7%
Q2 24
13.3%
16.4%
Q1 24
19.0%
8.1%
EPS (diluted)
PTC
PTC
RHP
RHP
Q4 25
$1.39
$1.12
Q3 25
$2.88
$0.53
Q2 25
$1.17
$1.12
Q1 25
$1.35
$1.00
Q4 24
$0.68
$1.12
Q3 24
$1.05
$0.94
Q2 24
$0.57
$1.65
Q1 24
$0.95
$0.67

Balance Sheet & Financial Strength

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

Metric
PTC
PTC
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$209.7M
$471.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$3.8B
$750.2M
Total Assets
$6.4B
$6.2B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTC
PTC
RHP
RHP
Q4 25
$209.7M
$471.4M
Q3 25
$184.4M
$483.3M
Q2 25
$199.3M
$420.6M
Q1 25
$235.2M
$413.9M
Q4 24
$196.3M
$477.7M
Q3 24
$265.8M
$534.9M
Q2 24
$247.7M
$498.4M
Q1 24
$249.0M
$465.3M
Total Debt
PTC
PTC
RHP
RHP
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.4B
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$1.5B
Stockholders' Equity
PTC
PTC
RHP
RHP
Q4 25
$3.8B
$750.2M
Q3 25
$3.8B
$758.5M
Q2 25
$3.5B
$800.4M
Q1 25
$3.4B
$531.5M
Q4 24
$3.2B
$549.0M
Q3 24
$3.2B
$551.9M
Q2 24
$3.0B
$562.6M
Q1 24
$2.9B
$529.9M
Total Assets
PTC
PTC
RHP
RHP
Q4 25
$6.4B
$6.2B
Q3 25
$6.6B
$6.2B
Q2 25
$6.2B
$6.1B
Q1 25
$6.2B
$5.2B
Q4 24
$6.1B
$5.2B
Q3 24
$6.4B
$5.2B
Q2 24
$6.1B
$5.1B
Q1 24
$6.2B
$5.1B
Debt / Equity
PTC
PTC
RHP
RHP
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.34×
Q1 25
0.40×
Q4 24
0.32×
Q3 24
0.38×
Q2 24
0.43×
Q1 24
0.51×

Cash Flow & Capital Efficiency

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

Metric
PTC
PTC
RHP
RHP
Operating Cash FlowLast quarter
$269.7M
$164.7M
Free Cash FlowOCF − Capex
$267.4M
$58.5M
FCF MarginFCF / Revenue
39.0%
7.9%
Capex IntensityCapex / Revenue
0.3%
14.4%
Cash ConversionOCF / Net Profit
1.62×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$888.4M
$232.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PTC
PTC
RHP
RHP
Q4 25
$269.7M
$164.7M
Q3 25
$104.0M
$205.2M
Q2 25
$243.9M
$122.5M
Q1 25
$281.3M
$98.2M
Q4 24
$238.4M
$166.6M
Q3 24
$98.1M
$218.1M
Q2 24
$213.8M
$184.3M
Q1 24
$250.7M
$7.5M
Free Cash Flow
PTC
PTC
RHP
RHP
Q4 25
$267.4M
$58.5M
Q3 25
$100.5M
$135.4M
Q2 25
$242.0M
$53.0M
Q1 25
$278.5M
$-14.5M
Q4 24
$235.7M
$76.0M
Q3 24
$93.6M
$85.7M
Q2 24
$212.2M
$78.8M
Q1 24
$247.1M
$-72.0M
FCF Margin
PTC
PTC
RHP
RHP
Q4 25
39.0%
7.9%
Q3 25
11.2%
22.9%
Q2 25
37.6%
8.0%
Q1 25
43.8%
-2.5%
Q4 24
41.7%
11.7%
Q3 24
14.9%
15.6%
Q2 24
40.9%
12.9%
Q1 24
41.0%
-13.6%
Capex Intensity
PTC
PTC
RHP
RHP
Q4 25
0.3%
14.4%
Q3 25
0.4%
11.8%
Q2 25
0.3%
10.5%
Q1 25
0.4%
19.2%
Q4 24
0.5%
14.0%
Q3 24
0.7%
24.1%
Q2 24
0.3%
17.2%
Q1 24
0.6%
15.0%
Cash Conversion
PTC
PTC
RHP
RHP
Q4 25
1.62×
2.21×
Q3 25
0.30×
5.88×
Q2 25
1.73×
1.71×
Q1 25
1.73×
1.56×
Q4 24
2.90×
2.30×
Q3 24
0.78×
3.70×
Q2 24
3.10×
1.83×
Q1 24
2.19×
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PTC
PTC

Support And Cloud Services$393.3M57%
License$269.7M39%
Technology Service$22.9M3%
Perpetual License$5.6M1%

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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