Pursuit Attractions & Hospitality vs Xponential Fitness
Pursuit Attractions & Hospitality is the larger business, with $452m of revenue in fiscal 2025 against $315m for Xponential Fitness (1.4 times as much). Pursuit Attractions & Hospitality grew faster (23.4% against -1.7%). Pursuit Attractions & Hospitality kept more of each dollar of sales as profit: a net margin of 5.0% against -12.3%.
| Latest fiscal year | Pursuit Attractions & HospitalityPRSU, 2025 | Xponential FitnessXPOF, 2025 |
|---|---|---|
| Revenue | $452m | $315m |
| Revenue growth | 23.4% | -1.7% |
| Net income | $22.7m | −$38.7m |
| Operating margin | — | 6.3% |
| Net margin | 5.0% | -12.3% |
| Return on equity | 4.1% | — |
| Free cash flow | $11.1m | $24.7m |
| Cash | $31.1m | $45.9m |
| Total debt | $159m | $525m |
| Debt to equity | 27.3% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $10.2m | $0 |
| Employees | 2,100 | 340 |
| Market value | $1.52bn | $190m |
| Price vs our value range | Above our value range | — |
| Moat score | 14 (Weak) | 11 (Weak) |
| Insider trades, 12 months | 3 buys, 0 sales | 17 buys, 0 sales |