H World (HTHT) Net Margin (2009 - 2026)
H World (HTHT) posted quarterly Net Margin of 29.36% for Q1 2026, down 119.0% year-over-year from 154.5% in Q1 2025, and down 18.0% quarter-over-quarter from 35.8% in Q4 2025.
H World (HTHT) Net Margin (2009 - 2026) Analysis & Trends
H World (HTHT) has reported Net Margin for 18 consecutive years, with 29.36% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 119.0% year-over-year to 29.36%; the TTM figure through Mar 2026 stood at 36.75% (up 815.0% YoY), while the FY2025 annual figure was 19.54%, up 658.0% from the prior year.
- Net Margin fell to 29.36% in Q1 2026 per HTHT's latest filing, from 35.8% in the prior quarter.
- Across five years, Net Margin topped out at 41.51% in Q2 2025 and bottomed at 32.86% in Q1 2022.
- Historically, Net Margin has averaged 18.85% across 5 years, with a median of 29.79% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin slumped 4677 bps — and 2023, when it soared 6415 bps.
- H World's Net Margin stood at 3.25% in 2022, then soared by 821 bps to 23.41% in 2023, then dropped by 10 bps to 20.97% in 2024, then soared by 71 bps to 35.8% in 2025, then decreased by 18 bps to 29.36% in 2026.
- Business Quant data shows HTHT's Net Margin at 29.36% in Q1 2026, 35.8% in Q4 2025, and 39.87% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 14.43% |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 5.96% |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 29.36% |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 32.05% |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 27.20% |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 14.60% |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | -1.40% |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 15.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 31.59% |
| Jun 30, 2024 | 31.09% |
| Mar 31, 2024 | 23.65% |
| Dec 31, 2023 | 23.41% |
| Sep 30, 2023 | 34.84% |
| 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 | -32.86% |
| Dec 31, 2021 | -13.62% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 17.81% |