GreenTree Hospitality (GHG) Operating Expenses (2017 - 2026)
GreenTree Hospitality (GHG) posted Operating Expenses of -$28.0 million for Q2 2026, up 6.19% on a QoQ basis from -$29.8 million in Q1 2026, and up 18.17% year-over-year from -$23.7 million in Q2 2025.
Analysis
GreenTree Hospitality (GHG) Operating Expenses (2017 - 2026) Analysis & Trends
GreenTree Hospitality has reported Operating Expenses for 10 years, with the latest figure at -$28.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 18.17% year-over-year to -$28.0 million in Q2 2026; TTM through Jun 2026 was -$142.0 million, a 13.31% increase from a year earlier, with the FY2025 full-year figure at -$159.9 million, up 6.01% from the prior year.
- Operating Expenses was -$28.0 million for Q2 2026 at GreenTree Hospitality, up from -$29.8 million in the prior quarter.
- The five-year high for Operating Expenses was -$28.0 million in Q2 2026, with the low at -$70.1 million in Q4 2022.
- Average Operating Expenses over 5 years is -$44.0 million, with a median of -$41.8 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 62.35% in 2022, then grew 27.55% in 2023.
- Over 5 years, Operating Expenses stood at -$70.1 million in 2022, then advanced by 27.55% to -$50.8 million in 2023, then retreated by 11.28% to -$56.5 million in 2024, then climbed by 10.74% to -$50.4 million in 2025, then soared by 44.57% to -$28.0 million in 2026.
- The last three Operating Expenses figures came in at -$28.0 million (Q2 2026), -$29.8 million (Q1 2026), and -$50.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 1.70 Bn |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | -753.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 80.75 Mn |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 201.00 Mn |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 336.62 Mn |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | -14.78 Mn |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | -27.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.95 Mn |
| Mar 31, 2026 | -29.80 Mn |
| Dec 31, 2025 | -50.43 Mn |
| Sep 30, 2025 | -33.86 Mn |
| Jun 30, 2025 | -34.16 Mn |
| Mar 31, 2025 | -35.40 Mn |
| Dec 31, 2024 | -56.50 Mn |
| Sep 30, 2024 | -37.80 Mn |
| Jun 30, 2024 | -38.78 Mn |
| Mar 31, 2024 | -39.08 Mn |
| Dec 31, 2023 | -50.77 Mn |
| Sep 30, 2023 | -44.44 Mn |
| Jun 30, 2023 | -46.81 Mn |
| Mar 31, 2023 | -48.25 Mn |
| Dec 31, 2022 | -70.08 Mn |
| Sep 30, 2022 | -59.61 Mn |
| Dec 31, 2021 | -43.16 Mn |
| Sep 30, 2021 | -40.16 Mn |
| Jun 30, 2021 | -40.26 Mn |
| Mar 31, 2021 | -30.17 Mn |