SKYH vs HPP vs NXDT Stock Comparison

Sky Harbour, Hudson Pacific Properties and Nexpoint Diversified Real Estate Trust Prices as of Oct 23, 2026 Peers: Industry group
SKYH Sky Harbour Group Corp
$9.52 -4.3% 1M -6.9% 1Y
Market cap
$329.41M
P/E
13.8x
Revenue (TTM)
$31.80M
Div. yield
–
Specialty REITs Real Estate
5 wins

Head to Head

10 decided of 12

Sky Harbour leads on 5 of the 12 questions below (Sky Harbour 5, Nexpoint Diversified Real Estate Trust 3, Hudson Pacific Properties 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSKYHHPPNXDTLeader
Larger companyMarket capitalisation $329.41M $731.97M $259.80M HPP
Cheaper on earningsLower P/E, profitable companies only 13.8x -1.3x -3.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +52.0% -1.5% -20.5% SKYH
More profitableNet margin, trailing twelve months 75.3% -67.6% -94.2% SKYH
Better return on capitalReturn on invested capital — -6.1% -0.1% NXDT
Less leveragedLower net debt / EBITDA -7.7x -174.3x 15.1x HPP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% NXDT
Better 1-year returnPrice return, last 12 months -6.9% -38.9% +41.5% NXDT
Better 5-year returnAnnualised price return, 5 years -1.2%/yr -43.5%/yr -19.7%/yr SKYH
Less volatileAnnualised volatility, 1 year 35.8% 71.7% 61.3% SKYH
Higher overall scoreMean of the five percentile scores vs peers 33/100 26/100 30/100 SKYH

Percentile Scorecard

SKYHHPPNXDT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSKYHHPPNXDT
Valuation 5 #138 of 145 62 #56 of 145 29 #103 of 145
Growth 95 #8 of 144 22 #113 of 144 6 #135 of 144
Profitability 17 #116 of 140 4 #134 of 140 1 #138 of 140
Financial Health 17 #122 of 146 28 #106 of 146 68 #48 of 146
Shareholder Returns – 14 #114 of 132 44 #75 of 132
Overall 33 26 30
  • SKYH ranked among 149 companies in Property REITs
  • HPP ranked among 149 companies in Property REITs
  • NXDT ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSKYHHPPNXDTSPY
1 month -4.3%-6.1%-4.8% -1.0%
3 months -6.4%-28.3%-9.9% +2.9%
6 months -9.7%+29.7%-4.8% +6.4%
Year to date +6.1%+1.6%+28.2% +11.4%
1 year -6.9%-38.9%+41.5% +13.1%
3 years +52.3%-68.2%-38.5% +79.4%
3 years, per year +15.1%-31.8%-15.0% +21.5%
5 years -5.9%-94.2%-66.5% +67.7%
5 years, per year -1.2%-43.5%-19.7% +10.9%
10 years —-95.3%-77.6% +255.2%
10 years, per year —-26.3%-13.9% +13.5%

Risk

MeasureSKYHHPPNXDTSPY
Volatility, 1Y 35.8%71.7%61.3% 12.7%
Downside volatility, 1Y 36.0%69.3%60.8% 12.7%
Beta vs S&P 500, 1Y 0.971.181.11 1.00
Return / volatility, 1Y -0.19-0.540.68 1.03
Max drawdown, 5Y -92.9%-97.2%-84.7% -25.4%
From 52-week high -16.9%-38.9%-15.2% -2.5%
52-week high $11.46$17.99$5.79 $779.14
52-week low $8.30$5.51$2.66 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSKYHHPPNXDT
P/E now vs peer median 13.7xmedian 27.0x -1.3xmedian 27.0x -3.5xmedian 27.0x
P/S now vs peer median 22.9xmedian 4.1x 0.7xmedian 4.1x 3.3xmedian 4.1x
EV/EBITDA now vs peer median -44.5xmedian 14.5x -206.7xmedian 14.5x 30.2xmedian 14.5x
P/FCF now vs peer median —median 23.7x 175.8xmedian 23.7x -35.2xmedian 23.7x
P/B now vs peer median 4.4xmedian 1.3x 0.2xmedian 1.3x 0.4xmedian 1.3x
PEG now vs peer median 0.21median 2.07 0.03median 2.07 12.21median 2.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSKYHHPPNXDT
Revenue $31.80M $814.50M $78.07M
Operating income -$27.97M – -$1.21M
Net income $12.08M -$562.92M -$66.70M
Free cash flow – $3.39M -$7.40M
EPS (diluted) $0.70 $-8.54 $-1.22
Cash & equivalents $164.03M $138.01M $11.67M
Total debt $316.34M $3.35B $1.16B
Shares (diluted) 34.46M 64.46M 60.44M
Enterprise value $59.78M $29.14M $225.23M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSKYHHPPNXDT
P/E 13.7x -1.3x -3.5x
P/FCF – 175.8x -35.2x
P/Operating cash flow – 4.4x -83.7x
P/S 22.9x 0.7x 3.3x
P/B 4.4x 0.2x 0.4x
P/Tangible book 4.5x 0.2x 0.4x
EV/EBITDA -44.5x -206.7x 30.2x
EV/EBIT -31.5x -9.6x -430.1x
EV/Revenue 27.7x 4.7x 6.7x
EV/FCF – 1,122x -70.5x
EV/Operating cash flow – 28.3x -167.3x
PEG (3Y EPS CAGR) 0.21 0.03 12.21

Growth

14 metrics
MetricSKYHHPPNXDT
Revenue growth (1Y) 52.0% -1.5% -20.5%
Revenue CAGR (3Y) 101.7% -7.6% -16.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -13.8% – -414.0%
Operating income CAGR (3Y) -17.9% – –
Net income growth (1Y) 138.4% -37.9% 35.7%
Net income CAGR (3Y) 41.2% -187.4% -23.7%
EPS growth (1Y) 358.1% 55.4% 42.1%
EPS CAGR (3Y) 65.8% -44.4% -0.3%
Operating cash flow growth (1Y) – 3.6% -188.2%
Operating cash flow CAGR (3Y) – -28.4% -27.3%
Free cash flow growth (1Y) – 105.5% -648.0%
Free cash flow CAGR (3Y) – 28.3% -29.6%

Profitability

14 metrics
MetricSKYHHPPNXDT
Gross margin – – –
EBITDA margin -62.2% -2.3% 22.1%
Operating margin -88.0% – -1.6%
Pretax margin -96.0% -69.1% -85.1%
Net margin 75.3% -67.6% -94.2%
FCF margin – 0.4% -9.5%
Operating cash flow margin – 16.5% -4.0%
Return on equity 7.2% -18.0% -10.0%
Return on assets 1.7% -7.8% -6.5%
Return on invested capital – -6.1% -0.1%
Return on capital employed – – –
Asset turnover 0.0x 0.1x 0.1x
Cash conversion (OCF / net income) – -0.2x 0.0x
Stock comp / revenue – 3.3% 6.0%

Financial Health

11 metrics
MetricSKYHHPPNXDT
Debt / assets 38.4% 46.3% 26.2%
Debt / equity 1.9x 1.1x 0.4x
Net debt / EBITDA -7.7x -174.3x 15.1x
Debt / FCF – 987.1x -36.8x
Liabilities / assets 80.1% 57.2% 35.2%
Equity / assets 19.9% 42.8% 64.8%
Interest coverage -10.9x -2.4x -0.1x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricSKYHHPPNXDT
Dividend yield – 0.0% 9.8%
Net buyback yield – 0.9% -23.3%
Shareholder yield – 0.9% -13.5%
Payout ratio (earnings) – -0.1% -10.3%
Payout ratio (FCF) – 16.2% -93.2%
Dividend growth (1Y) – -93.0% 25.4%
Dividend CAGR (3Y) – -84.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSKYHHPPNXDT
EPS, next fiscal year $-0.40FY2026 $-2.90FY2026 –
EPS growth, next FY -544.4%FY2026 – –
Revenue, next fiscal year $42.16MFY2026 $752.55MFY2026 –
Revenue growth, next FY +53.1%FY2026 -9.5%FY2026 –
Revenue growth, the year after +57.5% -1.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSKYHHPPNXDT
Held by institutions 15.4% 100.0% 50.2%
Institutions holding 90 189 126
Change in shares held, QoQ +15.7% +4.8% +3.8%
Institutions buying 55 118 80
Institutions selling 18 52 34
Buyers to sellers 3.06 2.27 2.35

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SKYHHPPNXDT
SKYH 1.00 0.29 0.16
HPP 0.29 1.00 0.13
NXDT 0.16 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SKYH, HPP and NXDT?

Hudson Pacific Properties (HPP) is the largest by market capitalisation: Sky Harbour (SKYH) $329.41M, Hudson Pacific Properties (HPP) $731.97M, Nexpoint Diversified Real Estate Trust (NXDT) $259.80M.

Which company is growing faster?

Sky Harbour (SKYH) grew revenue fastest over the trailing twelve months: Sky Harbour (SKYH) +52.0%, Hudson Pacific Properties (HPP) -1.5%, Nexpoint Diversified Real Estate Trust (NXDT) -20.5%.

Which company is more profitable?

Sky Harbour (SKYH) has the highest net margin (Sky Harbour (SKYH) 75.3%, Hudson Pacific Properties (HPP) -67.6%, Nexpoint Diversified Real Estate Trust (NXDT) -94.2%). On return on invested capital, Nexpoint Diversified Real Estate Trust (NXDT) leads (Hudson Pacific Properties (HPP) -6.1%, Nexpoint Diversified Real Estate Trust (NXDT) -0.1%).

Which stock has performed better?

Over the past year Nexpoint Diversified Real Estate Trust (NXDT) returned the most: Sky Harbour (SKYH) -6.9%, Hudson Pacific Properties (HPP) -38.9%, Nexpoint Diversified Real Estate Trust (NXDT) +41.5%. Over five years, Sky Harbour (SKYH) compounded fastest (Sky Harbour (SKYH) -1.2%/yr, Hudson Pacific Properties (HPP) -43.5%/yr, Nexpoint Diversified Real Estate Trust (NXDT) -19.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Nexpoint Diversified Real Estate Trust (NXDT) has the highest dividend yield: Sky Harbour (SKYH) 0.00%, Hudson Pacific Properties (HPP) 0.00%, Nexpoint Diversified Real Estate Trust (NXDT) 0.03%. Sky Harbour (SKYH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Sky Harbour (SKYH) has been the steadiest (Sky Harbour (SKYH) 35.8%, Hudson Pacific Properties (HPP) 71.7%, Nexpoint Diversified Real Estate Trust (NXDT) 61.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SKYH, HPP and NXDT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sky Harbour (SKYH) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.