Choice Hotels International (CHH) Gross Margin (2009 - 2026)
Choice Hotels International's Gross Margin was 49.38% in Q2 2026, down 4.01 percentage points from 53.39% a year earlier but up 3.83 percentage points from the prior quarter.
Choice Hotels International (CHH) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Choice Hotels International's Gross Margin was 50.59% through Jun 30, 2026, down 2.53 percentage points year-over-year; for FY2025, it came in at 52.72%, up 0.51 percentage points from FY2024.
- Gross Margin shows a five-year change of -45.21 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 52.20% in FY2024 (+2.87 pp), 49.33% in FY2023 (-0.60 pp), 49.93% in FY2022 (-47.75 pp) and 97.69% in FY2021 (-0.24 pp).
- Quarterly Gross Margin has moved between 41.47% (Q4 2022) and 97.82% (Q3 2021) over five years.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of -0.55 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2023 (a gain of 17.96 percentage points); the worst was Q4 2022 (a drop of 55.64 percentage points).
- Per Business Quant data, CHH's Gross Margin in the three quarters before Q2 2026 was 45.55% (Q1 2026), 53.01% (Q4 2025) and 53.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 94.30 Bn | 92.35 Bn | 1.55 Bn | 21.98% |
| 2 | Hilton Worldwide Holdings | 73.03 Bn | 69.51 Bn | 3.08 Bn | 92.04% |
| 3 | Royal Caribbean Cruises | 69.73 Bn | 67.31 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 35.48 Bn | 20.60 Bn | 996.62 Mn | 45.50% |
| 5 | Carnival | 33.80 Bn | 27.01 Bn | - | - |
| 6 | Intercontinental Hotels | 26.86 Bn | 22.41 Bn | - | - |
| 7 | Trip.com | 25.10 Bn | -20.45 Bn | 1.84 Bn | 79.56% |
| 8 | Hyatt Hotels | 15.28 Bn | 12.76 Bn | 388.00 Mn | 21.21% |
| 9 | H World | 13.25 Bn | 4.18 Bn | - | - |
| 10 | Choice Hotels International | 4.71 Bn | 4.53 Bn | 217.64 Mn | 49.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.38% |
| Mar 31, 2026 | 45.55% |
| Dec 31, 2025 | 53.01% |
| Sep 30, 2025 | 53.49% |
| Jun 30, 2025 | 53.39% |
| Mar 31, 2025 | 50.47% |
| Dec 31, 2024 | 53.20% |
| Sep 30, 2024 | 54.84% |
| Jun 30, 2024 | 52.86% |
| Mar 31, 2024 | 46.66% |
| Dec 31, 2023 | 59.43% |
| Sep 30, 2023 | 46.90% |
| Jun 30, 2023 | 47.26% |
| Mar 31, 2023 | 44.22% |
| Dec 31, 2022 | 41.47% |
| Sep 30, 2022 | 50.83% |
| Jun 30, 2022 | 97.09% |
| Mar 31, 2022 | 96.84% |
| Dec 31, 2021 | 97.11% |
| Sep 30, 2021 | 97.82% |
Choice Hotels International Gross 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=gross-margin&ticker=CHH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CHH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CHH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();