H World (HTHT) Net Margin (2009 - 2026)
H World (HTHT) posted Net Margin of 22.10% for Q2 2026, down 1.87 percentage points from 23.97% a year earlier but up 8.53 percentage points from the prior quarter.
H World (HTHT) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at H World was 18.90%, up 2.82 percentage points year-over-year; for FY2025, it was 19.95%, up 6.52 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +40.28 percentage points (FY2020 to FY2025).
- In prior years, H World's Net Margin was 13.43% in FY2024 (-5.87 pp), 19.31% in FY2023 (+32.80 pp), -13.49% in FY2022 (-9.90 pp) and -3.59% in FY2021 (+16.74 pp).
- Quarterly Net Margin has run from a low of -23.40% in Q1 2022 to a high of 23.97% in Q2 2025 over five years.
- On a year-over-year basis, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +1.29 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2023, with a gain of 46.41 percentage points; the weakest was Q4 2021, with a drop of 36.61 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 13.56% (Q1 2026), 18.01% (Q4 2025) and 21.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.41 Bn | 107.68 Bn | 1.54 Bn | 11.33% |
| 2 | Royal Caribbean Cruises | 90.23 Bn | 87.16 Bn | 2.88 Bn | 30.91% |
| 3 | Hilton Worldwide Holdings | 83.56 Bn | 80.30 Bn | 3.05 Bn | 16.12% |
| 4 | Carnival | 41.76 Bn | 34.95 Bn | - | 22.76% |
| 5 | Viking Holdings | 38.86 Bn | 23.99 Bn | 996.62 Mn | 26.82% |
| 6 | Trip.com | 28.88 Bn | -16.15 Bn | 1.84 Bn | -15.64% |
| 7 | Intercontinental Hotels | 27.81 Bn | 23.78 Bn | - | - |
| 8 | Hyatt Hotels | 17.41 Bn | 14.83 Bn | 384.00 Mn | 3.33% |
| 9 | H World | 15.43 Bn | 6.84 Bn | 456.00 Mn | 22.10% |
| 10 | U-Haul Holding | 10.98 Bn | 6.62 Bn | 1.75 Bn | 7.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.10% |
| Mar 31, 2026 | 13.56% |
| Dec 31, 2025 | 18.01% |
| Sep 30, 2025 | 21.06% |
| Jun 30, 2025 | 23.97% |
| Mar 31, 2025 | 16.53% |
| Dec 31, 2024 | 0.85% |
| Sep 30, 2024 | 21.68% |
| Jun 30, 2024 | 17.38% |
| Mar 31, 2024 | 12.45% |
| Dec 31, 2023 | 13.36% |
| Sep 30, 2023 | 21.25% |
| Jun 30, 2023 | 21.78% |
| Mar 31, 2023 | 23.01% |
| Dec 31, 2022 | -3.35% |
| Sep 30, 2022 | -18.23% |
| Jun 30, 2022 | -10.32% |
| Mar 31, 2022 | -23.40% |
| Dec 31, 2021 | -13.68% |
| Sep 30, 2021 | -4.66% |
H World Net 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=net-margin&ticker=HTHT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HTHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();