Atour Lifestyle Holdings (ATAT) Operating Margin (2021 - 2026)
Atour Lifestyle Holdings (ATAT) recorded quarterly Operating Margin of 23.58% in Q1 2026, down 6.58% quarter-over-quarter from 25.24% in Q4 2025, and up 494.0% on a YoY basis from 3.97% in Q1 2025.
Atour Lifestyle Holdings (ATAT) Operating Margin (2021 - 2026) Analysis & Trends
Atour Lifestyle Holdings' Operating Margin history runs 6 years deep, the most recent figure standing at 23.58% for Q1 2026.
- In Q1 2026, Operating Margin rose 494.0% year-over-year to 23.58%; the TTM figure through Mar 2026 stood at 24.44% (up 289.0% YoY), while the FY2025 annual figure was 23.56%, up 118.0% from the prior year.
- Operating Margin was 23.58% for Q1 2026 at Atour Lifestyle Holdings, down from 25.24% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.06% in Q2 2023 to a low of 2.88% in Q1 2022.
- Historically, Operating Margin has averaged 19.78% across 5 years, with a median of 22.11% in 2024.
- Biggest YoY gain for Operating Margin was 1412 bps in 2024; the steepest drop was 628 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 12.52% in 2022, then increased by 14 bps to 14.23% in 2023, then surged by 40 bps to 19.86% in 2024, then rose by 27 bps to 25.24% in 2025, then slipped by 7 bps to 23.58% in 2026.
- The last three Operating Margin figures came in at 23.58% (Q1 2026), 25.24% (Q4 2025), and 24.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 106.28 Bn | 105.82 Bn | 6.38 Bn | 15.99% |
| 2 | Hilton Worldwide Holdings | 80.50 Bn | 79.97 Bn | - | 23.08% |
| 3 | Intercontinental Hotels | 26.35 Bn | 25.21 Bn | - | - |
| 4 | Hyatt Hotels | 18.67 Bn | 18.32 Bn | 1.75 Bn | 6.75% |
| 5 | Wyndham Hotels & Resorts | 6.42 Bn | 6.34 Bn | 302.00 Mn | 34.86% |
| 6 | Choice Hotels International | 5.30 Bn | 5.26 Bn | 316.92 Mn | 17.63% |
| 7 | Atour Lifestyle Holdings | 2.06 Bn | -359.74 Bn | 241.80 Mn | 23.58% |
| 8 | Civeo | 370.36 Mn | 353.81 Mn | 40.16 Mn | 1.81% |
| 9 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 26.57 Mn | -28.38% |
| 10 | H World | 1,693.88 | -1.44 Bn | 824.36 Mn | 24.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |