H World (HTHT) EBITDA Margin (2010 - 2026)
H World (HTHT) recorded EBITDA Margin of 35.52% in Q2 2026, up 2.75 percentage points from 32.78% a year earlier and up 5.75 percentage points from the prior quarter.
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Analysis
H World (HTHT) EBITDA Margin (2010 - 2026) Analysis & Trends
On a TTM basis, H World's EBITDA Margin came in at 33.41% as of Jun 30, 2026, up 5.43 percentage points year-over-year; for FY2025, it came in at 31.92%, up 4.56 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +34.23 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 27.37% in FY2024 (-0.73 pp), 28.10% in FY2023 (+19.34 pp), 8.76% in FY2022 (-4.75 pp) and 13.51% in FY2021 (+15.81 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin since Q3 2023.
- On a year-over-year basis, EBITDA Margin has increased for seven consecutive quarters, with an average year-over-year change of +2.59 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 35.05 percentage points in Q1 2023, against a drop of 16.57 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.77% (Q1 2026), 33.76% (Q4 2025) and 34.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 20.56% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 42.26% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 29.38% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 35.58% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 33.61% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -62.25% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 35.52% |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 33.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.52% |
| Mar 31, 2026 | 29.77% |
| Dec 31, 2025 | 33.76% |
| Sep 30, 2025 | 34.05% |
| Jun 30, 2025 | 32.78% |
| Mar 31, 2025 | 25.94% |
| Dec 31, 2024 | 20.36% |
| Sep 30, 2024 | 31.81% |
| Jun 30, 2024 | 30.97% |
| Mar 31, 2024 | 25.58% |
| Dec 31, 2023 | 19.72% |
| Sep 30, 2023 | 36.12% |
| Jun 30, 2023 | 31.50% |
| Mar 31, 2023 | 23.47% |
| Dec 31, 2022 | 5.91% |
| Sep 30, 2022 | 21.22% |
| Jun 30, 2022 | 11.31% |
| Mar 31, 2022 | -11.58% |
| Dec 31, 2021 | 12.40% |
| Sep 30, 2021 | 12.92% |
API Access
H World EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HTHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "HTHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HTHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();