H World HTHT
NASDAQ HTHT
$45.77 -0.57 (-1.23%)
At close: Sep 4, 2026 · 4:00 PM EDT

H World (HTHT) Operating Margin (2009 - 2026)

H World's (HTHT) quarterly Operating Margin came in at 31.05% in Q2 2026, up 318.0% year-over-year from 7.43% in Q2 2025, and up 24.48% quarter-over-quarter from 24.94% in Q1 2026.

Analysis

H World (HTHT) Operating Margin (2009 - 2026) Analysis & Trends

H World (HTHT) has reported Operating Margin for 18 consecutive years, with 31.05% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Margin rose 318.0% year-over-year to 31.05% in Q2 2026; TTM through Jun 2026 was 28.79%, a 613.0% increase from a year earlier, with the FY2025 full-year figure at 26.95%, up 517.0% from the prior year.
  • Operating Margin was 31.05% for Q2 2026 at H World, up from 24.94% in the prior quarter.
  • Over five years, Operating Margin peaked at 31.05% in Q2 2026 and troughed at 26.48% in Q1 2022.
  • A 5-year average of 17.55% and a median of 22.48% in 2023 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin sank 1725 bps in 2022 and soared 4135 bps in 2023, its largest moves.
  • Over 5 years, Operating Margin stood at 2.42% in 2022, then jumped by 657 bps to 13.49% in 2023, then rose by 11 bps to 14.91% in 2024, then surged by 96 bps to 29.15% in 2025, then gained by 6 bps to 31.05% in 2026.
  • The last three Operating Margin figures came in at 31.05% (Q2 2026), 24.94% (Q1 2026), and 29.15% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Marriott International 87.75 Bn 87.29 Bn 1.97 Bn 17.38%
2 Hilton Worldwide Holdings 70.18 Bn 69.20 Bn 3.08 Bn 25.68%
3 Hyatt Hotels 15.65 Bn 15.36 Bn 809.00 Mn -48.82%
4 H World 14.06 Bn 11.97 Bn 453.94 Mn 31.05%
5 Atour Lifestyle Holdings 8.60 Bn 7.76 Bn 511.83 Mn 22.15%
6 Wyndham Hotels & Resorts 5.33 Bn 5.26 Bn 349.00 Mn 46.40%
7 Choice Hotels International 4.55 Bn 4.50 Bn 243.10 Mn 23.63%
8 Hotel101 Global Holdings 1.22 Bn 1.20 Bn - -
9 Studio City International Holdings 329.33 Mn 206.54 Mn 144.08 Mn 9.14%
10 GreenTree Hospitality 113.35 Mn 117.86 Mn 34.50 Mn 20.52%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 31.05%
Mar 31, 2026 24.94%
Dec 31, 2025 29.15%
Sep 30, 2025 29.45%
Jun 30, 2025 27.87%
Mar 31, 2025 20.03%
Dec 31, 2024 14.91%
Sep 30, 2024 26.69%
Jun 30, 2024 25.53%
Mar 31, 2024 19.02%
Dec 31, 2023 13.49%
Sep 30, 2023 30.43%
Jun 30, 2023 24.93%
Mar 31, 2023 14.88%
Dec 31, 2022 -2.42%
Sep 30, 2022 12.17%
Jun 30, 2022 0.20%
Mar 31, 2022 -26.48%
Dec 31, 2021 1.14%
Sep 30, 2021 2.04%