H World (HTHT) EV to EBITDA (2011 - 2026)
H World's EV to EBITDA came in at 7.85 for the quarter ended Jun 30, 2026, down 15.0% from 9.23 a year earlier and down 28.6% from the prior quarter.
H World (HTHT) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, H World reported EV to EBITDA of 2.93, down 36.6% year-over-year; for the year ended Dec 31, 2025, it was 10.64, up 9.8% from the prior year.
- Going back by year, EV to EBITDA was 9.69 in the year ended Dec 31, 2024 (-10.2%), 10.79 in the year ended Dec 31, 2023 (-85.4%), 74.02 in the year ended Dec 31, 2022 (+78.7%) and 41.41 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly EV to EBITDA since the quarter ended Sep 30, 2015.
- Year-over-year, EV to EBITDA increased in two of the last eight quarters, with an average decline of 7.7%.
- The fastest year-over-year change in EV to EBITDA over five years came in the quarter ended Dec 31, 2022 (growth of 78.9%), and the weakest in the quarter ended Dec 31, 2021 (a decline of 96.9%).
- Business Quant data shows HTHT's EV to EBITDA at 11.00 (quarter ended Mar 31, 2026), 10.86 (quarter ended Dec 31, 2025) and 10.36 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.85 |
| Mar 31, 2026 | 11.00 |
| Dec 31, 2025 | 10.86 |
| Sep 30, 2025 | 10.36 |
| Jun 30, 2025 | 9.23 |
| Mar 31, 2025 | 10.82 |
| Dec 31, 2024 | 9.29 |
| Sep 30, 2024 | 11.82 |
| Jun 30, 2024 | 10.12 |
| Mar 31, 2024 | 12.19 |
| Dec 31, 2023 | 10.81 |
| Sep 30, 2023 | 14.60 |
| Jun 30, 2023 | 19.73 |
| Mar 31, 2023 | 37.37 |
| Dec 31, 2022 | 72.72 |
| Sep 30, 2022 | 48.12 |
| Jun 30, 2022 | 74.15 |
| Mar 31, 2022 | 37.84 |
| Dec 31, 2021 | 40.64 |
| Sep 30, 2021 | 50.12 |
H World EV to EBITDA 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=ev-to-ebitda&ticker=HTHT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=HTHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();