H World (HTHT) Operating Leases (2019 - 2026)
H World (HTHT) recorded Operating Leases of $3.46 billion in Q2 2026, up 4.1% from $3.32 billion a year earlier and up 3.2% from the prior quarter.
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Analysis
H World (HTHT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, H World reported Operating Leases of $3.38 billion, up 4.4% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $3.24 billion in FY2024 (-5.1%), $3.41 billion in FY2023 (-14.9%), $4.01 billion in FY2022 (-8.8%) and $4.4 billion in FY2021 (+6.1%).
- The Q2 2026 figure is the highest quarterly Operating Leases since Q3 2023.
- On a year-over-year basis, Operating Leases has increased for three consecutive quarters, with an average decline of 0.6% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 6.8% in Q1 2022, against a decline of 17.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.35 billion (Q1 2026), $3.38 billion (Q4 2025) and $3.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 108.80 Bn | 107.07 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 90.20 Bn | 87.13 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 83.57 Bn | 80.30 Bn | 3.05 Bn |
| 4 | Carnival | 42.04 Bn | 35.23 Bn | - |
| 5 | Viking Holdings | 38.56 Bn | 23.68 Bn | 996.62 Mn |
| 6 | Trip.com | 28.95 Bn | -16.08 Bn | 1.84 Bn |
| 7 | Intercontinental Hotels | 27.80 Bn | 23.77 Bn | - |
| 8 | Hyatt Hotels | 17.37 Bn | 14.79 Bn | 384.00 Mn |
| 9 | H World | 15.40 Bn | 6.81 Bn | 456.00 Mn |
| 10 | U-Haul Holding | 11.08 Bn | 6.73 Bn | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.46 Bn |
| Mar 31, 2026 | 3.35 Bn |
| Dec 31, 2025 | 3.38 Bn |
| Sep 30, 2025 | 3.37 Bn |
| Jun 30, 2025 | 3.32 Bn |
| Mar 31, 2025 | 3.24 Bn |
| Dec 31, 2024 | 3.24 Bn |
| Sep 30, 2024 | 3.45 Bn |
| Jun 30, 2024 | 3.35 Bn |
| Mar 31, 2024 | 3.34 Bn |
| Dec 31, 2023 | 3.41 Bn |
| Sep 30, 2023 | 3.64 Bn |
| Jun 30, 2023 | 3.80 Bn |
| Mar 31, 2023 | 4.05 Bn |
| Dec 31, 2022 | 3.97 Bn |
| Sep 30, 2022 | 3.83 Bn |
| Jun 30, 2022 | 4.12 Bn |
| Mar 31, 2022 | 4.36 Bn |
| Dec 31, 2021 | 4.40 Bn |
| Jun 30, 2021 | 4.30 Bn |
API Access
H World Operating Leases 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=operating-leases&ticker=HTHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=HTHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();