H World (HTHT) EBITDA Margin (2009 - 2026)
H World's (HTHT) quarterly EBITDA Margin came in at 38.19% in Q2 2026, up 285.0% year-over-year from 9.92% in Q2 2025, and up 23.52% quarter-over-quarter from 30.92% in Q1 2026.
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H World (HTHT) EBITDA Margin (2009 - 2026) Analysis & Trends
H World (HTHT) has reported EBITDA Margin for 18 consecutive years, with 38.19% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 285.0% year-over-year to 38.19% in Q2 2026; TTM through Jun 2026 was 34.9%, a 553.0% increase from a year earlier, with the FY2025 full-year figure at 33.47%, up 491.0% from the prior year.
- EBITDA Margin was 38.19% for Q2 2026 at H World, up from 30.92% in the prior quarter.
- Over five years, EBITDA Margin peaked at 38.19% in Q2 2026 and troughed at 12.53% in Q1 2022.
- A 5-year average of 25.17% and a median of 31.34% in 2026 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin slumped 4467 bps in 2022 and jumped 4934 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin stood at 10.61% in 2022, then soared by 113 bps to 22.65% in 2023, then dropped by 8 bps to 20.73% in 2024, then soared by 62 bps to 33.55% in 2025, then grew by 14 bps to 38.19% in 2026.
- The last three EBITDA Margin figures came in at 38.19% (Q2 2026), 30.92% (Q1 2026), and 33.55% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 25.68% |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | -48.82% |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 38.19% |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 22.08% |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 46.40% |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 23.63% |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | 40.74% |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 20.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.19% |
| Mar 31, 2026 | 30.92% |
| Dec 31, 2025 | 33.55% |
| Sep 30, 2025 | 36.20% |
| Jun 30, 2025 | 35.34% |
| Mar 31, 2025 | 27.69% |
| Dec 31, 2024 | 20.73% |
| Sep 30, 2024 | 32.68% |
| Jun 30, 2024 | 33.10% |
| Mar 31, 2024 | 26.95% |
| Dec 31, 2023 | 22.65% |
| Sep 30, 2023 | 34.84% |
| Jun 30, 2023 | 31.76% |
| Mar 31, 2023 | 36.81% |
| Dec 31, 2022 | 10.61% |
| Sep 30, 2022 | 12.00% |
| Jun 30, 2022 | 1.59% |
| Mar 31, 2022 | -12.53% |
| Dec 31, 2021 | 8.27% |
| Sep 30, 2021 | 14.19% |