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
DateValue
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