Hyatt Hotels (H) Gross Margin (2017 - 2026)
Hyatt Hotels' (H) quarterly Gross Margin came in at 44.23% in Q2 2026, down 328.0% YoY from 19.4% in Q2 2025, and down 1.51% on a QoQ basis from 44.91% in Q1 2026.
Hyatt Hotels (H) Gross Margin (2017 - 2026) Analysis & Trends
Hyatt Hotels (H) has 10 years of Gross Margin data on file, last reported at 44.23% in Q2 2026.
- Quarterly Gross Margin fell 328.0% year-over-year to 44.23% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 46.67% (up 23.0% YoY) and the FY2025 annual result came in at 48.15%, up 15.0% from the prior year.
- Gross Margin retreated to 44.23% in Q2 2026, from 44.91% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 57.65% in Q2 2022 to a low of 44.23% in Q2 2026.
- A 5-year average of 50.35% and a median of 49.62% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 1977 bps — and 2024, when it tumbled 698 bps.
- Tracing H's Gross Margin over 5 years: stood at 52.71% in 2022, then decreased by 7 bps to 49.28% in 2023, then declined by 9 bps to 44.63% in 2024, then increased by 8 bps to 48.24% in 2025, then decreased by 8 bps to 44.23% in 2026.
- The last three Gross Margin figures came in at 44.23% (Q2 2026), 44.91% (Q1 2026), and 48.24% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 27.87% |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 92.04% |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 44.23% |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 38.85% |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 59.58% |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 93.07% |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 55.15% |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 23.00% |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 98.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 44.23% |
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 143.94% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 87.83% |
| Mar 31, 2025 | 88.01% |
| Dec 31, 2024 | 147.88% |
| Sep 30, 2024 | 86.00% |
| Jun 30, 2024 | 84.91% |
| Mar 31, 2024 | 84.25% |
| Dec 31, 2023 | 140.30% |
| Sep 30, 2023 | 84.22% |
| Jun 30, 2023 | 53.72% |
| Mar 31, 2023 | 85.71% |
| Dec 31, 2022 | 136.90% |
| Sep 30, 2022 | 87.93% |
| Jun 30, 2022 | 84.56% |
| Mar 31, 2022 | 56.53% |
| Dec 31, 2021 | 89.59% |
| Sep 30, 2021 | 75.56% |