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

Regency Centers is the larger business by last-quarter revenue ($404.2M vs $240.8M, roughly 1.7× Clear Secure, Inc.). Regency Centers runs the higher net margin — 50.1% vs 12.8%, a 37.3% gap on every dollar of revenue. On growth, Clear Secure, Inc. posted the faster year-over-year revenue change (16.7% vs 8.5%). Over the past eight quarters, Clear Secure, Inc.'s revenue compounded faster (16.0% CAGR vs 5.4%).

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.

Clear Secure, Inc. is an American technology company that operates biometric travel document verification systems at some major airports and stadiums. It was founded in 2003, but shut down in 2009 after filing for bankruptcy. It was relaunched in 2012 and went public in 2021.

REG vs YOU — Head-to-Head

Bigger by revenue
REG
REG
1.7× larger
REG
$404.2M
$240.8M
YOU
Growing faster (revenue YoY)
YOU
YOU
+8.2% gap
YOU
16.7%
8.5%
REG
Higher net margin
REG
REG
37.3% more per $
REG
50.1%
12.8%
YOU
Faster 2-yr revenue CAGR
YOU
YOU
Annualised
YOU
16.0%
5.4%
REG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
REG
REG
YOU
YOU
Revenue
$404.2M
$240.8M
Net Profit
$202.5M
$30.8M
Gross Margin
Operating Margin
71.0%
22.4%
Net Margin
50.1%
12.8%
Revenue YoY
8.5%
16.7%
Net Profit YoY
134.1%
-70.2%
EPS (diluted)

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
YOU
YOU
Q4 25
$404.2M
$240.8M
Q3 25
$387.6M
$229.2M
Q2 25
$380.8M
$219.5M
Q1 25
$380.9M
$211.4M
Q4 24
$372.5M
$206.3M
Q3 24
$360.3M
$198.4M
Q2 24
$357.3M
$186.7M
Q1 24
$363.9M
$179.0M
Net Profit
REG
REG
YOU
YOU
Q4 25
$202.5M
$30.8M
Q3 25
$109.4M
$28.3M
Q2 25
$106.0M
$24.7M
Q1 25
$109.6M
$25.4M
Q4 24
$86.5M
$103.3M
Q3 24
$101.5M
$23.5M
Q2 24
$102.7M
$24.1M
Q1 24
$109.8M
$18.8M
Operating Margin
REG
REG
YOU
YOU
Q4 25
71.0%
22.4%
Q3 25
72.7%
23.0%
Q2 25
73.8%
19.4%
Q1 25
71.8%
17.7%
Q4 24
71.1%
16.5%
Q3 24
72.5%
17.7%
Q2 24
72.3%
16.2%
Q1 24
72.3%
13.2%
Net Margin
REG
REG
YOU
YOU
Q4 25
50.1%
12.8%
Q3 25
28.2%
12.3%
Q2 25
27.8%
11.3%
Q1 25
28.8%
12.0%
Q4 24
23.2%
50.1%
Q3 24
28.2%
11.8%
Q2 24
28.7%
12.9%
Q1 24
30.2%
10.5%

Balance Sheet & Financial Strength

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

Metric
REG
REG
YOU
YOU
Cash + ST InvestmentsLiquidity on hand
$85.7M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$6.9B
$177.7M
Total Assets
$13.0B
$1.3B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REG
REG
YOU
YOU
Q4 25
$85.7M
Q3 25
$75.8M
Q2 25
$89.3M
Q1 25
$87.6M
Q4 24
$66.9M
Q3 24
$32.9M
Q2 24
$39.1M
Q1 24
$64.1M
Total Debt
REG
REG
YOU
YOU
Q4 25
$4.7B
Q3 25
$4.9B
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
YOU
YOU
Q4 25
$6.9B
$177.7M
Q3 25
$6.8B
$148.6M
Q2 25
$6.7B
$121.3M
Q1 25
$6.7B
$116.7M
Q4 24
$6.7B
$198.4M
Q3 24
$6.8B
$129.0M
Q2 24
$6.8B
$153.5M
Q1 24
$7.0B
$165.9M
Total Assets
REG
REG
YOU
YOU
Q4 25
$13.0B
$1.3B
Q3 25
$13.1B
$1.1B
Q2 25
$12.7B
$1.2B
Q1 25
$12.6B
$1.1B
Q4 24
$12.4B
$1.2B
Q3 24
$12.4B
$858.6M
Q2 24
$12.4B
$982.4M
Q1 24
$12.7B
$1.0B
Debt / Equity
REG
REG
YOU
YOU
Q4 25
0.69×
Q3 25
0.72×
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
YOU
YOU
Operating Cash FlowLast quarter
$203.9M
$198.4M
Free Cash FlowOCF − Capex
$187.4M
FCF MarginFCF / Revenue
77.8%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
1.01×
6.45×
TTM Free Cash FlowTrailing 4 quarters
$343.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REG
REG
YOU
YOU
Q4 25
$203.9M
$198.4M
Q3 25
$218.7M
$-47.3M
Q2 25
$244.0M
$123.0M
Q1 25
$161.0M
$98.3M
Q4 24
$191.4M
$136.6M
Q3 24
$227.6M
$-35.9M
Q2 24
$203.5M
$114.6M
Q1 24
$167.8M
$80.3M
Free Cash Flow
REG
REG
YOU
YOU
Q4 25
$187.4M
Q3 25
$-53.5M
Q2 25
$117.9M
Q1 25
$91.3M
Q4 24
$133.9M
Q3 24
$-37.9M
Q2 24
$110.1M
Q1 24
$77.6M
FCF Margin
REG
REG
YOU
YOU
Q4 25
77.8%
Q3 25
-23.3%
Q2 25
53.7%
Q1 25
43.2%
Q4 24
64.9%
Q3 24
-19.1%
Q2 24
59.0%
Q1 24
43.3%
Capex Intensity
REG
REG
YOU
YOU
Q4 25
4.6%
Q3 25
2.7%
Q2 25
2.3%
Q1 25
3.4%
Q4 24
1.3%
Q3 24
1.0%
Q2 24
2.4%
Q1 24
1.6%
Cash Conversion
REG
REG
YOU
YOU
Q4 25
1.01×
6.45×
Q3 25
2.00×
-1.67×
Q2 25
2.30×
4.97×
Q1 25
1.47×
3.87×
Q4 24
2.21×
1.32×
Q3 24
2.24×
-1.53×
Q2 24
1.98×
4.75×
Q1 24
1.53×
4.27×

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%

YOU
YOU

Segment breakdown not available.

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