H World (HTHT) Net Margin (2009 - 2026)
H World's (HTHT) quarterly Net Margin came in at 40.99% in Q2 2026, down 51.0% year-over-year from 83.66% in Q2 2025, and up 39.65% quarter-over-quarter from 29.36% in Q1 2026.
Analysis
H World (HTHT) Net Margin (2009 - 2026) Analysis & Trends
H World (HTHT) has reported Net Margin for 18 consecutive years, with 40.99% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 51.0% year-over-year to 40.99% in Q2 2026; TTM through Jun 2026 was 36.8%, a 554.0% increase from a year earlier, with the FY2025 full-year figure at 19.54%, up 658.0% from the prior year.
- Net Margin was 40.99% for Q2 2026 at H World, up from 29.36% in the prior quarter.
- Over five years, Net Margin peaked at 41.51% in Q2 2025 and troughed at 32.7% in Q1 2022.
- A 5-year average of 20.07% and a median of 30.17% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 4677 bps in 2022 and surged 6399 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 3.25% in 2022, then jumped by 821 bps to 23.41% in 2023, then decreased by 10 bps to 20.97% in 2024, then jumped by 71 bps to 35.8% in 2025, then climbed by 15 bps to 40.99% in 2026.
- The last three Net Margin figures came in at 40.99% (Q2 2026), 29.36% (Q1 2026), and 35.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 14.43% |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 5.96% |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 40.99% |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | -0.49% |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 27.20% |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 14.60% |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | -8.18% |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 8.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.99% |
| Mar 31, 2026 | 29.36% |
| Dec 31, 2025 | 35.80% |
| Sep 30, 2025 | 39.87% |
| Jun 30, 2025 | 41.51% |
| Mar 31, 2025 | 30.55% |
| Dec 31, 2024 | 20.97% |
| Sep 30, 2024 | 31.07% |
| Jun 30, 2024 | 31.28% |
| Mar 31, 2024 | 23.65% |
| Dec 31, 2023 | 23.41% |
| Sep 30, 2023 | 34.91% |
| Jun 30, 2023 | 29.79% |
| Mar 31, 2023 | 31.29% |
| Dec 31, 2022 | -3.25% |
| Sep 30, 2022 | -18.23% |
| Jun 30, 2022 | -28.97% |
| Mar 31, 2022 | -32.70% |
| Dec 31, 2021 | -13.62% |
| Sep 30, 2021 | -4.68% |