H World (HTHT) EBITDA Margin (2010 - 2026)
H World (HTHT) recorded EBITDA Margin of 35.47% in the quarter ended Jun 30, 2026, up 2.69 percentage points from 32.78% a year earlier and up 5.93 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 33.34% as of Jun 30, 2026, up 5.37 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 31.92%, up 4.56 percentage points from the prior year.
- Annual EBITDA Margin has a five-year change of +35.06 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, EBITDA Margin came in at 27.37% in the year ended Dec 31, 2024 (-0.57 pp), 27.94% in the year ended Dec 31, 2023 (+19.58 pp), 8.36% in the year ended Dec 31, 2022 (-4.70 pp) and 13.06% in the year ended Dec 31, 2021 (+16.20 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly EBITDA Margin since the quarter ended Sep 30, 2023.
- On a year-over-year basis, EBITDA Margin has increased for seven consecutive quarters, with an average year-over-year change of +2.47 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 34.98 percentage points in the quarter ended Mar 31, 2023, against a drop of 16.57 percentage points in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.54% (quarter ended Mar 31, 2026), 33.76% (quarter ended Dec 31, 2025) and 34.05% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 20.52% |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 27.66% |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 35.84% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 33.61% |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 35.58% |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | -67.85% |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 35.47% |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 24.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.47% |
| Mar 31, 2026 | 29.54% |
| 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 | 25.79% |
| Dec 31, 2023 | 19.72% |
| Sep 30, 2023 | 36.40% |
| Jun 30, 2023 | 31.50% |
| Mar 31, 2023 | 23.52% |
| Dec 31, 2022 | 5.91% |
| Sep 30, 2022 | 22.12% |
| 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();