Atour Lifestyle Holdings (ATAT) Operating Margin (2021 - 2026)
Atour Lifestyle Holdings (ATAT) recorded Operating Margin of 22.15% in the quarter ended Jun 30, 2026, down 2.00 percentage points from 24.15% a year earlier and down 1.43 percentage points from the prior quarter.
Atour Lifestyle Holdings (ATAT) Operating Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Atour Lifestyle Holdings' Operating Margin came in at 23.80% as of Jun 30, 2026, up 1.53 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 23.56%, up 1.18 percentage points from the prior year.
- Annual Operating Margin has increased for three straight years, with a five-year change of +19.52 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Margin came in at 22.38% in the year ended Dec 31, 2024 (+2.58 pp), 19.80% in the year ended Dec 31, 2023 (+12.51 pp), 7.29% in the year ended Dec 31, 2022 (-1.84 pp) and 9.13% in the year ended Dec 31, 2021 (+5.09 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Operating Margin since the quarter ended Mar 31, 2025.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +1.41 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 14.12 percentage points in the quarter ended Mar 31, 2024, against a drop of 6.28 percentage points in the quarter ended Jun 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.58% (quarter ended Mar 31, 2026), 25.24% (quarter ended Dec 31, 2025) and 24.79% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 25.68% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 29.40% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 12.77% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -9.36% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | -71.84% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 31.05% |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 22.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.15% |
| Mar 31, 2026 | 23.58% |
| Dec 31, 2025 | 25.24% |
| Sep 30, 2025 | 24.79% |
| Jun 30, 2025 | 24.15% |
| Mar 31, 2025 | 18.64% |
| Dec 31, 2024 | 19.86% |
| Sep 30, 2024 | 25.93% |
| Jun 30, 2024 | 21.78% |
| Mar 31, 2024 | 22.11% |
| Dec 31, 2023 | 14.23% |
| Sep 30, 2023 | 26.38% |
| Jun 30, 2023 | 28.06% |
| Mar 31, 2023 | 7.99% |
| Dec 31, 2022 | 12.52% |
| Sep 30, 2022 | 22.15% |
| Jun 30, 2022 | 15.91% |
| Mar 31, 2022 | 2.88% |
| Dec 31, 2021 | 5.90% |
Atour Lifestyle Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ATAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ATAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ATAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();