H World (HTHT) EBITDA Margin (2009 - 2026)
H World (HTHT) posted quarterly EBITDA Margin of 30.92% for Q1 2026, up 323.0% year-over-year from 7.31% in Q1 2025, and down 7.83% quarter-over-quarter from 33.55% in Q4 2025.
H World (HTHT) EBITDA Margin (2009 - 2026) Analysis & Trends
H World (HTHT) has reported EBITDA Margin for 18 consecutive years, with 30.92% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin rose 323.0% year-over-year to 30.92%; the TTM figure through Mar 2026 stood at 34.07% (up 535.0% YoY), while the FY2025 annual figure was 33.47%, up 491.0% from the prior year.
- EBITDA Margin fell to 30.92% in Q1 2026 per HTHT's latest filing, from 33.55% in the prior quarter.
- Across five years, EBITDA Margin topped out at 36.81% in Q1 2023 and bottomed at 12.4% in Q1 2022.
- Historically, EBITDA Margin has averaged 24.43% across 5 years, with a median of 30.92% in 2026.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 4467 bps — and 2023, when it jumped 4921 bps.
- H World's EBITDA Margin stood at 10.42% in 2022, then soared by 117 bps to 22.65% in 2023, then fell by 8 bps to 20.73% in 2024, then surged by 62 bps to 33.55% in 2025, then fell by 8 bps to 30.92% in 2026.
- Business Quant data shows HTHT's EBITDA Margin at 30.92% in Q1 2026, 33.55% in Q4 2025, and 36.2% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 25.68% |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | -48.82% |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 30.92% |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 23.58% |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 46.40% |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 23.63% |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 2.83% |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 12.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 10.42% |
| Sep 30, 2022 | 12.48% |
| Jun 30, 2022 | 1.59% |
| Mar 31, 2022 | -12.40% |
| Dec 31, 2021 | 8.27% |
| Sep 30, 2021 | 14.19% |
| Jun 30, 2021 | 46.26% |