GreenTree Hospitality GHG
NYSE GHG
$1.10 +0.04 (+3.77%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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