GreenTree Hospitality (GHG) Operating Leases (2021 - 2025)
GreenTree Hospitality (GHG) recorded quarterly Operating Leases of -$33.1 million in Q4 2025, down 47.05% quarter-over-quarter from -$22.5 million in Q3 2025, and up 4.05% on a YoY basis from -$31.8 million in Q4 2024.
GreenTree Hospitality (GHG) Operating Leases (2021 - 2025) Analysis & Trends
GreenTree Hospitality's Operating Leases history runs 5 years deep, the most recent figure standing at -$33.1 million for Q4 2025.
- In Q4 2025, Operating Leases rose 4.05% year-over-year to -$33.1 million; the TTM figure through Dec 2025 stood at -$33.1 million (up 4.05% YoY), while the FY2025 annual figure was $147.6 million, up 535.07% from the prior year.
- Operating Leases was -$33.1 million for Q4 2025 at GreenTree Hospitality, down from -$22.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $266.3 million in Q4 2021 to a low of -$34.5 million in Q4 2024.
- Historically, Operating Leases has averaged $67.8 million across 5 years, with a median of -$8.2 million in 2023.
- Biggest YoY gain for Operating Leases was 1130.24% in 2024; the steepest drop was 117.84% in 2024.
- A 5-year view of Operating Leases shows it stood at $266.3 million in 2021, then slipped by 19.94% to $213.2 million in 2022, then slipped by 9.32% to $193.3 million in 2023, then plunged by 117.84% to -$34.5 million in 2024, then increased by 4.05% to -$33.1 million in 2025.
- The last three Operating Leases figures came in at -$33.1 million (Q4 2025), -$22.5 million (Q3 2025), and -$13.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 106.28 Bn | 105.82 Bn | 6.38 Bn |
| 2 | Hilton Worldwide Holdings | 80.50 Bn | 79.97 Bn | - |
| 3 | Intercontinental Hotels | 26.35 Bn | 25.21 Bn | - |
| 4 | Hyatt Hotels | 18.67 Bn | 18.32 Bn | 1.75 Bn |
| 5 | Wyndham Hotels & Resorts | 6.42 Bn | 6.34 Bn | 302.00 Mn |
| 6 | Choice Hotels International | 5.30 Bn | 5.26 Bn | 316.92 Mn |
| 7 | Atour Lifestyle Holdings | 2.06 Bn | -359.74 Bn | 241.80 Mn |
| 8 | Civeo | 370.36 Mn | 353.81 Mn | 40.16 Mn |
| 9 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 26.57 Mn |
| 10 | H World | 1,693.88 | -1.44 Bn | 824.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -33.09 Mn |
| Sep 30, 2025 | -22.50 Mn |
| Jun 30, 2025 | -13.65 Mn |
| Dec 31, 2024 | -34.48 Mn |
| Sep 30, 2024 | 185.25 Mn |
| Jun 30, 2024 | 183.39 Mn |
| Mar 31, 2024 | -5.81 Mn |
| Dec 31, 2023 | 193.32 Mn |
| Sep 30, 2023 | -24.75 Mn |
| Jun 30, 2023 | -17.80 Mn |
| Mar 31, 2023 | -8.19 Mn |
| Dec 31, 2022 | 213.19 Mn |
| Dec 31, 2021 | 266.29 Mn |