Growth Metrics

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

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DateValue
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