vs

Side-by-side financial comparison of Regency Centers (REG) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $404.2M, roughly 1.2× Regency Centers). Regency Centers runs the higher net margin — 50.1% vs -276.6%, a 326.7% gap on every dollar of revenue. On growth, Regency Centers posted the faster year-over-year revenue change (8.5% vs 7.9%).

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

REG vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.2× larger
STUB
$468.1M
$404.2M
REG
Growing faster (revenue YoY)
REG
REG
+0.6% gap
REG
8.5%
7.9%
STUB
Higher net margin
REG
REG
326.7% more per $
REG
50.1%
-276.6%
STUB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
REG
REG
STUB
STUB
Revenue
$404.2M
$468.1M
Net Profit
$202.5M
$-1.3B
Gross Margin
Operating Margin
71.0%
-292.3%
Net Margin
50.1%
-276.6%
Revenue YoY
8.5%
7.9%
Net Profit YoY
134.1%
-3821.6%
EPS (diluted)
$-4.27

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
REG
REG
STUB
STUB
Q4 25
$404.2M
Q3 25
$387.6M
$468.1M
Q2 25
$380.8M
Q1 25
$380.9M
Q4 24
$372.5M
Q3 24
$360.3M
$433.8M
Q2 24
$357.3M
Q1 24
$363.9M
Net Profit
REG
REG
STUB
STUB
Q4 25
$202.5M
Q3 25
$109.4M
$-1.3B
Q2 25
$106.0M
Q1 25
$109.6M
Q4 24
$86.5M
Q3 24
$101.5M
$-33.0M
Q2 24
$102.7M
Q1 24
$109.8M
Operating Margin
REG
REG
STUB
STUB
Q4 25
71.0%
Q3 25
72.7%
-292.3%
Q2 25
73.8%
Q1 25
71.8%
Q4 24
71.1%
Q3 24
72.5%
2.8%
Q2 24
72.3%
Q1 24
72.3%
Net Margin
REG
REG
STUB
STUB
Q4 25
50.1%
Q3 25
28.2%
-276.6%
Q2 25
27.8%
Q1 25
28.8%
Q4 24
23.2%
Q3 24
28.2%
-7.6%
Q2 24
28.7%
Q1 24
30.2%
EPS (diluted)
REG
REG
STUB
STUB
Q4 25
Q3 25
$-4.27
Q2 25
Q1 25
Q4 24
Q3 24
$-0.15
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
REG
REG
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$4.7B
$1.7B
Stockholders' EquityBook value
$6.9B
$1.7B
Total Assets
$13.0B
$5.6B
Debt / EquityLower = less leverage
0.69×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REG
REG
STUB
STUB
Q4 25
Q3 25
$1.4B
Q2 25
Q1 25
Q4 24
Q3 24
$1.1B
Q2 24
Q1 24
Total Debt
REG
REG
STUB
STUB
Q4 25
$4.7B
Q3 25
$4.9B
$1.7B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
REG
REG
STUB
STUB
Q4 25
$6.9B
Q3 25
$6.8B
$1.7B
Q2 25
$6.7B
Q1 25
$6.7B
Q4 24
$6.7B
Q3 24
$6.8B
$815.9M
Q2 24
$6.8B
Q1 24
$7.0B
Total Assets
REG
REG
STUB
STUB
Q4 25
$13.0B
Q3 25
$13.1B
$5.6B
Q2 25
$12.7B
Q1 25
$12.6B
Q4 24
$12.4B
Q3 24
$12.4B
Q2 24
$12.4B
Q1 24
$12.7B
Debt / Equity
REG
REG
STUB
STUB
Q4 25
0.69×
Q3 25
0.72×
0.98×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
REG
REG
STUB
STUB
Operating Cash FlowLast quarter
$203.9M
$181.4M
Free Cash FlowOCF − Capex
$180.3M
FCF MarginFCF / Revenue
38.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REG
REG
STUB
STUB
Q4 25
$203.9M
Q3 25
$218.7M
$181.4M
Q2 25
$244.0M
Q1 25
$161.0M
Q4 24
$191.4M
Q3 24
$227.6M
Q2 24
$203.5M
Q1 24
$167.8M
Free Cash Flow
REG
REG
STUB
STUB
Q4 25
Q3 25
$180.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
REG
REG
STUB
STUB
Q4 25
Q3 25
38.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
REG
REG
STUB
STUB
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
REG
REG
STUB
STUB
Q4 25
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

Related Comparisons