Choice Hotels International (CHH) Operating Margin (2009 - 2026)
Choice Hotels International's Operating Margin came in at 23.63% for Q2 2026, down 5.59 percentage points from 29.22% a year earlier but up 6.00 percentage points from the prior quarter.
Choice Hotels International (CHH) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Choice Hotels International reported Operating Margin of 25.21%, down 4.95 percentage points year-over-year; for FY2025, it came in at 28.08%, down 1.18 percentage points from FY2024.
- Operating Margin carries a five-year change of +12.36 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 29.26% in FY2024 (+4.98 pp), 24.29% in FY2023 (-9.85 pp), 34.14% in FY2022 (-5.98 pp) and 40.11% in FY2021 (+24.40 pp).
- The five-year range for quarterly Operating Margin is 10.53% (Q4 2023) to 49.20% (Q3 2021).
- Year-over-year, Operating Margin has declined for five consecutive quarters, with an average year-over-year change of +1.03 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 29.10 percentage points), and the weakest in Q4 2022 (a drop of 16.30 percentage points).
- Business Quant data shows CHH's Operating Margin at 17.63% (Q1 2026), 26.00% (Q4 2025) and 31.84% (Q3 2025) in the three quarters before Q2 2026.
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 | Choice Hotels International | 4.66 Bn | 4.47 Bn | 217.64 Mn | 23.63% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.63% |
| Mar 31, 2026 | 17.63% |
| Dec 31, 2025 | 26.00% |
| Sep 30, 2025 | 31.84% |
| Jun 30, 2025 | 29.22% |
| Mar 31, 2025 | 24.01% |
| Dec 31, 2024 | 30.59% |
| Sep 30, 2024 | 35.47% |
| Jun 30, 2024 | 30.48% |
| Mar 31, 2024 | 18.12% |
| Dec 31, 2023 | 10.53% |
| Sep 30, 2023 | 31.73% |
| Jun 30, 2023 | 29.10% |
| Mar 31, 2023 | 23.39% |
| Dec 31, 2022 | 21.23% |
| Sep 30, 2022 | 35.01% |
| Jun 30, 2022 | 42.76% |
| Mar 31, 2022 | 38.57% |
| Dec 31, 2021 | 37.52% |
| Sep 30, 2021 | 49.20% |
Choice Hotels International 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=CHH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CHH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();