GreenTree Hospitality (GHG) Operating Expenses (2017 - 2025)
GreenTree Hospitality's quarterly Operating Expenses came in at -$50.4 million in Q4 2025, up 10.74% year-on-year from -$45.5 million in Q4 2024, and down 48.95% quarter-over-quarter from -$33.9 million in Q3 2025.
GreenTree Hospitality has reported Operating Expenses for 9 years, with the latest figure at -$50.4 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 10.74% year-over-year to -$50.4 million; the trailing twelve-month figure through Dec 2025 stood at -$140.8 million (up 18.22% YoY), and the FY2025 full-year result was -$159.9 million, down 2623.03% from the prior year.
- Operating Expenses for Q4 2025 stood at -$50.4 million, down from -$33.9 million in the prior quarter.
- The five-year high for Operating Expenses was -$30.2 million in Q1 2021, with the low at -$70.1 million in Q4 2022.
- Average Operating Expenses over 5 years is -$45.6 million, with a median of -$43.8 million recorded in 2021.
- Year-over-year, Operating Expenses sank 83.39% in 2021 and increased 27.55% in 2023.
- Tracing GHG's Operating Expenses over 5 years: stood at -$43.2 million in 2021, then slumped by 62.35% to -$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.
- The last three Operating Expenses figures came in at -$50.4 million (Q4 2025), -$33.9 million (Q3 2025), and -$56.5 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 98.23 Bn | 97.78 Bn | 6.38 Bn | 5.59 Bn |
| 2 | Hilton Worldwide Holdings | 73.53 Bn | 72.99 Bn | - | 2.26 Bn |
| 3 | Intercontinental Hotels | 23.64 Bn | 22.51 Bn | - | - |
| 4 | Hyatt Hotels | 16.45 Bn | 16.11 Bn | 1.75 Bn | 1.63 Bn |
| 5 | Wyndham Hotels & Resorts | 5.97 Bn | 5.89 Bn | 302.00 Mn | 213.00 Mn |
| 6 | Choice Hotels International | 5.17 Bn | 5.13 Bn | 316.92 Mn | 280.54 Mn |
| 7 | Civeo | 373.70 Mn | 357.15 Mn | 40.16 Mn | 169.54 Mn |
| 8 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 30.29 Mn | -50.43 Mn |
| 9 | Atour Lifestyle Holdings | 1.18 Mn | -299.91 Bn | 241.80 Mn | -324.67 Mn |
| 10 | H World | 1,745.92 | -1.44 Bn | 824.36 Mn | -656.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -50.43 Mn |
| Sep 30, 2025 | -33.86 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 |
| Dec 31, 2020 | -26.83 Mn |
| Sep 30, 2020 | -25.70 Mn |
| Jun 30, 2020 | -21.95 Mn |
| Mar 31, 2020 | -19.42 Mn |
| Dec 31, 2019 | -28.51 Mn |
| Sep 30, 2019 | -20.71 Mn |
| Jun 30, 2019 | -19.68 Mn |
| Mar 31, 2019 | -19.44 Mn |
| Dec 31, 2018 | -19.01 Mn |
| Sep 30, 2018 | -16.27 Mn |
| Jun 30, 2018 | -15.47 Mn |
| Mar 31, 2018 | -15.46 Mn |
| Dec 31, 2017 | -21.59 Mn |
| Sep 30, 2017 | -13.73 Mn |
| Jun 30, 2017 | -12.47 Mn |
| Mar 31, 2017 | -12.48 Mn |