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No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
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Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
A reverse discounted cash flow is not shown for a company with no positive EBITDA.
No positive EBITDA in the recent record, so there is no return on capital to compare against its cost. Equity is negative, so debt/equity and ROE invert their signs and read as the opposite of what they mean.
Classified from the filings: EBITDA negative in each of the last 2 years.
Ranked against 17 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MAR | $104.1B | 42.0× | 24.2× | 4.0× | 4.3% | — | 9.9% | -69.0% | -69.4% | -0.1× | 553 |
| HLT | $79.4B | 58.3× | 31.7× | 6.6× | 7.7% | — | 12.1% | -27.0% | 20.9% | 4.0× | 346 |
| LVS | $23.9B | 15.7× | — | 1.8× | 15.2% | — | 12.5% | 102% | 9.4% | — | 149 |
| H | $17.0B | — | 67.2× | 2.4× | 6.8% | — | -0.7% | -1.6% | -0.7% | 11.4× | 99 |
| WYNN | $7.7B | 23.8× | 9.9× | 1.1× | 0.1% | — | 4.6% | -119% | 3.2% | 5.4× | 101 |
| MGM | $7.6B | 39.4× | — | 0.4× | 1.7% | — | 1.2% | 8.5% | 2.4% | — | 155 |
| CZR | $5.9B | — | 5.1× | 0.5× | 2.1% | — | -4.4% | -14.3% | -3.3% | 3.3× | 76 |
| WH | $5.6B | 30.1× | 18.5× | 3.9× | 1.5% | — | 13.5% | 41.2% | 6.4% | 5.7× | 96 |
| BYD | $5.1B | 3.2× | 6.5× | 1.3× | 4.1% | — | 45.0% | 70.7% | 39.6% | 1.6× | 73 |
| CHH | $5.0B | 14.1× | 13.5× | 3.1× | 0.8% | — | 23.2% | 204% | 17.7% | 3.7× | 61 |
| ATAT | $4.5B | 59.1× | 12.0× | 3.2× | 41.0% | — | 16.6% | 45.1% | 42.2% | -1.3× | 16 |
| TNL | $4.3B | 20.8× | 14.3× | 1.1× | 4.1% | 93.2% | 5.7% | -23.4% | 5.0% | 7.9× | 102 |
| RRR | $2.9B | 15.8× | 7.8× | 1.4× | 3.7% | — | 9.3% | 90.3% | 5.2% | 4.1× | 39 |
| SHO | $2.4B | 319.8× | — | 2.5× | 6.0% | — | 2.6% | 1.3% | 0.9% | — | 57 |
| MCRI | $1.9B | 20.4× | 10.7× | 3.6× | 4.4% | 23.4% | 18.6% | 18.9% | 18.9% | 0.0× | 44 |
| XHR | $1.9B | 31.9× | 13.3× | 1.8× | 3.8% | 30.6% | 5.8% | 5.6% | 2.5% | 5.4× | 49 |
| MLCO | $1.5B | 25.6× | 6.7× | 0.3× | 11.3% | — | 3.6% | -14.8% | 3.4% | 5.3× | 19 |
| HIGR | $963500 | — | — | 26.1× | -46.6% | -66.9% | -236% | 35.2% | 35.2% | — | — |
Peers = companies sharing HIGR's sector (Hotels & Motels) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
EOD close · as of 2026-10-29
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $37K 100.0% | $69K 100.0% | $109K 100.0% | $208K 100.0% | $264K 100.0% | $192K 100.0% | — |
| Cost of Revenue | $13K 35.8% | $18K 25.9% | $31K 28.5% | $61K 29.3% | $89K 33.8% | $52K 26.8% | — |
| Gross Profit | -$25K -66.9% | $34K 49.1% | $51K 46.5% | $95K 45.7% | $109K 41.2% | $96K 49.8% | — |
| Selling, General & Admin | $19K 50.4% | $13K 18.4% | $55K 50.1% | $21K 10.1% | $18K 6.8% | $41K 21.2% | $12K |
| Total Operating Expenses | $63K 169.1% | $83K 120.6% | $170K 155.6% | $92K 44.1% | $106K 40.1% | $107K 55.7% | $21K |
| Operating Income | -$87K -236.0% | -$50K -71.5% | -$119K -109.1% | $3K 1.6% | $3K 1.1% | -$11K -5.9% | -$21K |
| Interest Expense | — | — | $2K 2.1% | — | $307 0.1% | $714 0.4% | — |
| Interest & Investment Income | — | $893 1.3% | — | — | — | — | $3K |
| Other Income (Expense), net | — | $893 1.3% | -$2K -2.1% | — | -$307 -0.1% | -$2K -0.8% | $3K |
| Income Tax Expense | — | — | — | — | — | $800 0.4% | — |
| Net Income | -$87K -236.0% | -$49K -70.2% | -$122K -111.2% | $3K 1.6% | $3K 1.0% | -$13K -6.6% | -$18K |
| Per Share | |||||||
| EPS (Basic) | — | — | — | — | $0.00 | $0.00 | — |
| Weighted Avg Shares (Basic) | 102.5M | 100.0M | 100.0M | 100.0M | 100.0M | — | — |
| Weighted Avg Shares (Diluted) | — | — | 100.0M | 100.0M | 100.0M | 100.0M | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-10-29
Where each multiple sits in its own 7-yr range · 50th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 7-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE 35% against ROIC 35% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cost of Revenue | — | 26.8 | 33.8 | 29.3 | 28.5 | 25.9 | 35.8 |
| Gross Profit | — | 49.8 | 41.2 | 45.7 | 46.5 | 49.1 | -66.9 |
| SG&A | — | 21.2 | 6.8 | 10.1 | 50.1 | 18.4 | 50.4 |
| Operating Income | — | -5.9 | 1.1 | 1.6 | -109.1 | -71.5 | -236.0 |
| Income Tax | — | 0.4 | — | — | — | — | — |
| Net Income | — | -6.6 | 1.0 | 1.6 | -111.2 | -70.2 | -236.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on HIGR: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Interest last disclosed in FY2023 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
No positive operating income in the last three years, so there is no return on capital to compare against its cost.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2020 | 49.8% | -5.9% | -6.6% |
| FY2021 | 41.2% | 1.1% | 1.0% |
| FY2022 | 45.7% | 1.6% | 1.6% |
| FY2023 | 46.5% | -109.1% | -111.2% |
| FY2024 | 49.1% | -71.5% | -70.2% |
| FY2025 | -66.9% | -236.0% | -236.0% |
No material counter-signal in the checked set: ROIC vs WACC spread, 5-year spread history, gross margin trend, operating margin trend, net margin against 3 years ago, revenue growth, ROIC ex-goodwill gap.
Missing from our data, so excluded from this answer: tax_rate.
Fewer than three profitable years with a cash flow statement, so cash conversion cannot be judged.
No material counter-signal in the checked set: FCF / net income over 3 and 5 years, Sloan accruals, SBC as a share of revenue, SBC as a share of operating cash flow, SBC-adjusted free cash flow, free cash flow per diluted share, buybacks against SBC issued, capex vs depreciation, free cash flow against revenue, share count since the first year on file, cash conversion cycle (DSO, DIO, DPO), receivables growth against revenue growth.
Missing from our data, so excluded from this answer: 3 years of cash flow.
No debt, so there is no leverage path to distress.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
At $0.01, free cash flow must compound 13.72%/yr for 10 years. It has done -22.01%/yr over 3 years.
The implied rate of 13.72% has not been achieved in any of the last 1 years.